Sphoorti Machine Tools Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 15-06-2024
- Paid Up Capital ₹ 1.62 Cr
as on 15-06-2024
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.49 Cr
as on 15-06-2024
- Satisfied Charges ₹ 5.61 Cr
as on 15-06-2024
- Revenue 22.45%
(FY 2023)
- Profit 96.00%
(FY 2023)
- Ebitda 15.21%
(FY 2023)
- Net Worth 41.42%
(FY 2023)
- Total Assets -1.49%
(FY 2023)
About Sphoorti Machine Tools
The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.62 Cr.
The company currently has active open charges totaling ₹34.49 Cr. The company has closed loans amounting to ₹5.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vidyadhar Hegde, Sekar Palanisamy, Ramchandra Purohit, and One other member serve as directors at the Company.
- CIN/LLPIN
U29221KA1996PTC019863
- Company No.
019863
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Feb 1996
- Date of AGM
26 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Sphoorti Machine Tools Private Limited offer?
Sphoorti Machine Tools Private Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Tool Adapters, Charcoal, Coconut Shell Charcoal, Machine Tools Accessories, Cutting Tool Holder, VDI Tool Holder, Tyre, Tube & Flaps, Tyres, Carbide Cutting Tools.
Who are the key members and board of directors at Sphoorti Machine Tools?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sekar Palanisamy  | Managing Director | 19-Feb-1996 | Current |
| Ramchandra Purohit | Managing Director | 19-Feb-1996 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vidyadhar Hegde | Director | 19-Feb-1996 | Current |
| Ramakrishnan Rajagovindan | Director | 14-Mar-2019 | Current |
Financial Performance and Corporate Structure Insights of Sphoorti Machine Tools.
Sphoorti Machine Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.45% increase. The company also saw a substantial improvement in profitability, with a 96% increase in profit. The company's net worth Soared by an impressive increase of 41.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sphoorti Machine Tools?
In 2023, Sphoorti Machine Tools had a promoter holding of 59.70% and a public holding of 40.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 27 Feb 2024 | ₹1.91 Cr | Open |
Sidbi Creation Date: 15 Dec 2023 | ₹8.99 M | Open |
Axis Bank Limited Creation Date: 11 May 2022 | ₹0.61 M | Open |
How Many Employees Work at Sphoorti Machine Tools?
Sphoorti Machine Tools has a workforce of 137 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sphoorti Machine Tools, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sphoorti Machine Tools's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
