Src Projects Private Limited

Industrial construction and quarry operations, specializing in highway projects, site development, and utility systems.

2002 | Salem, Tamil Nadu (India) | Active
Last Updated:

Src Projects Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 136.28 Cr
  • Satisfied Charges ₹ 211.71 Cr
  • Revenue Growth 53.21%
  • Profit Growth 48.03%
  • Ebitda 45.05%
  • Net Worth 17.22%
  • Total Assets 27.81%

About Src Projects

Src Projects Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 2002 and has a history of 22 years and 11 months. Its registered office is in Salem, Tamil Nadu, India.

The Company is engaged in the Infrastructure And Utilities 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹136.28 Cr. The company has closed loans amounting to ₹211.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Src Projects Private Limited India is Annamalai Santhiya as COMPANY SECRETARY. Mahudeswaran Gounder, Ganesan Ramasamy, Niranjan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    srcprojects.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45202TZ2002PTC010130

  • Company No.

    010130

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Infrastructure and Utilities
Metals and Minerals

What products or services does Src Projects Private Limited offer?

Src Projects Private Limited offers a wide range of products and services, including Architectural & Civil Engineering, Civil Engineering Service, Building & Real Estate Developers, Construction Service, Railway Line & Tunnel Construction, Infrastructure Construction Service, Flyovers Construction Services.

Who are the key members and board of directors at Src Projects?

Executive Team (2)

NameDesignationAppointment DateStatus
Mahudeswaran Gounder Country flag representing In Managing Director01-Apr-2002Current
Annamalai Santhiya Company Secretary03-May-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Paramasivam Vimalan Country flag representing In Director 01-Apr-2002Current
Ganesan Ramasamy Country flag representing In Director 01-Apr-2002Current
Niranjan Country flag representing In Director 01-Apr-2002Current
Ganesan Balaji Country flag representing In Director 12-Jul-2021Current
Paramasivam Narendran Country flag representing In Director 24-Apr-2015Current

Financial Performance of Src Projects.

Src Projects Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.21% increase. The company also saw a substantial improvement in profitability, with a 48.03% increase in profit. The company's net worth Soared by an impressive increase of 17.22%.

Src Projects revenue growth over time
Src Projects profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
53.21%
Revenue from Operations
53.16%
Total Assets
27.81%
Profit or Loss
48.03%
Net Worth
17.22%
EBITDA
45.05%

What is the Ownership and Shareholding Structure of Src Projects?

In 2023, Src Projects had a promoter holding of 98.49% and a public holding of 1.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹136.28 Cr

Satisfied Charges

₹211.71 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 128.12 Cr
  • Hdfc Bank Limited : 4.97 Cr
  • Others : 2.69 Cr
  • L & T Finance Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
05 May 2023Hdfc Bank Limited₹7.90 MOpen
12 Apr 2023Hdfc Bank Limited₹4.54 MOpen
21 Feb 2023Hdfc Bank Limited₹6.02 MOpen
28 Dec 2022Hdfc Bank Limited₹7.75 MOpen
29 Apr 2022Hdfc Bank Limited₹2.35 CrOpen

How Many Employees Work at Src Projects?

Src Projects has a workforce of 1273 employees as of Apr 07, 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.

Employee growth trends for Src Projects Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Src Projects, 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 Src Projects's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Src Projects

Recent activity within the organization

  • Charges

    A charge registered on 03 Oct 2021 via Charge ID 100497021 with Others was fully satisfied on 18 Dec 2024.

  • Annual General Meeting

    Src Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Src Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Indian Bank of Rs. 128.12 Cr registered on 12 Sep 2002 with Charge ID 90009005 was modified on 05 Oct 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.79 Cr with Charge ID 100733030 was registered on 05 May 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100733682 was registered on 12 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Src Projects Private Limited?

    Src Projects Private Limited was incorporated on 01 Apr 2002.

  • What is authorized share capital and paid-up capital of Src Projects Private Limited?

    The authorized share capital of Src Projects Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Who are the current board members & directors of Src Projects Private Limited?

    Currently 7 directors are associated with Src Projects Private Limited.

    • Mahudeswaran Muthusamy Gounder
    • Ganesan Ramasamy
    • Niranjan
    • Paramasivam Vimalan
    • Ganesan Ashwin Balaji
    • Paramasivam Narendran
    • Annamalai Santhiya

  • What is the registered address of Src Projects Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Src Projects Private Limited is 4Blakshmipuram Gandhi Road India, Salem, Tamil Nadu, 636007.

  • What is the corporate identification number (CIN) and company number of Src Projects Private Limited?

    The corporate identification number (CIN) of Src Projects Private Limited is U45202TZ2002PTC010130 and the company number is 010130 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Src Projects Private Limited?

    The Official website of Src Projects Private Limited is https://www.srcprojects.in

  • What has been the recent revenue trend for Src Projects Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Src Projects Private Limited has risen by 53.21%.

  • How many employees does Src Projects Private Limited currently have?

    As Per 2023 financial reports, 1273 employees are currently employed by Src Projects Private Limited.

  • What change has been observed in the net worth of Src Projects Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Src Projects Private Limited has experienced an upsurge of 17.22%.

  • What are the total open charges for Src Projects Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Src Projects Private Limited amount to ₹ 136.28 Cr.

  • When was the last Balance Sheet of Src Projects Private Limited filed with the ROC?

    The most recent Balance Sheet for Src Projects Private Limited was filed with the ROC on 31 Mar 2024.

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