Sphoorti Machine Tools Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.62 Cr
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 34.49 Cr
- Satisfied Charges ₹ 5.61 Cr
- Revenue Growth 22.45%
- Profit Growth 96.00%
- Ebitda 15.21%
- Net Worth 41.42%
- Total Assets -1.49%
About Sphoorti Machine Tools
Sphoorti Machine Tools Private Limited (SMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 1996 and has a history of 29 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. 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.
Sekar Palanisamy, Ramchandra Purohit, Vidyadhar Hegde, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29221KA1996PTC019863
- Company No.
019863
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Feb 1996
- Date of AGM
27 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
E-Commerce
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.
Sphoorti Machine Tools Private Limited
Explore comprehensive data for Sphoorti Machine Tools Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 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
- Ratios
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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)
Open Charges
₹34.49 Cr
Satisfied Charges
₹5.61 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 19.69 Cr
- Tata Capital Financial Services Limited : 8.32 Cr
- Sidbi : 3.46 Cr
- Others : 3.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2024 | Sidbi | ₹1.91 Cr | Open |
| 15 Dec 2023 | Sidbi | ₹8.99 M | Open |
| 11 May 2022 | Axis Bank Limited | ₹0.61 M | Open |
| 08 Mar 2022 | Sidbi | ₹6.49 M | Open |
| 10 Feb 2022 | Tata Capital Financial Services Limited | ₹2.27 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.
Latest Updates, News, and FAQs on Sphoorti Machine Tools
Recent activity within the organization
- Annual General Meeting
Sphoorti Machine Tools Private Limited last Annual general meeting of members was held on 27 Jul 2024 as per latest MCA records.
- Balance Sheet
Sphoorti Machine Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Sidbi amounted to Rs. 1.91 Cr with Charge ID 100882306 was registered on 27 Feb 2024.
- Charges
A charge with Sidbi amounted to Rs. 0.90 Cr with Charge ID 100829252 was registered on 15 Dec 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100572620 was registered on 11 May 2022.
- Charges
A charge with Sidbi amounted to Rs. 0.65 Cr with Charge ID 100545066 was registered on 08 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Sphoorti Machine Tools Private Limited?
Sphoorti Machine Tools Private Limited was incorporated on 19 Feb 1996.
What is authorized share capital and paid-up capital of Sphoorti Machine Tools Private Limited?
The authorized share capital of Sphoorti Machine Tools Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.62 Cr.
Who are the current board members & directors of Sphoorti Machine Tools Private Limited?
Currently 4 directors are associated with Sphoorti Machine Tools Private Limited.
- Sekar Palanisamy
- Ramchandra Krishna Purohit
- Vidyadhar Hegde
- Ramakrishnan Rajagovindan
What is the registered address of Sphoorti Machine Tools Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sphoorti Machine Tools Private Limited is Plot No.467 468 469 Site No.18 12Th Cross Iv Phase, Peenya Industrial Area India, Bangalore, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Sphoorti Machine Tools Private Limited?
The corporate identification number (CIN) of Sphoorti Machine Tools Private Limited is U29221KA1996PTC019863 and the company number is 019863 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sphoorti Machine Tools Private Limited?
The Official website of Sphoorti Machine Tools Private Limited is https://www.sphoorti.com
What has been the recent revenue trend for Sphoorti Machine Tools Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sphoorti Machine Tools Private Limited has risen by 22.45%.
How many employees does Sphoorti Machine Tools Private Limited currently have?
As Per 2023 financial reports, 137 employees are currently employed by Sphoorti Machine Tools Private Limited.
What change has been observed in the net worth of Sphoorti Machine Tools Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sphoorti Machine Tools Private Limited has experienced an upsurge of 41.42%.
What are the total open charges for Sphoorti Machine Tools Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sphoorti Machine Tools Private Limited amount to ₹ 34.49 Cr.
When was the last Balance Sheet of Sphoorti Machine Tools Private Limited filed with the ROC?
The most recent Balance Sheet for Sphoorti Machine Tools Private Limited was filed with the ROC on 31 Mar 2024.
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