Sree Palani Andavar Alloys And Steels Private Limited

Manufactures steel ingots and TMT bars since 2007 in Tamil Nadu.

2007 | Erode, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Sree Palani Andavar Alloys And Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.95 Cr
  • Paid Up Capital ₹ 5.90 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.73 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 43.68%
  • Profit Growth 57.00%
  • Ebitda 128.74%
  • Net Worth 31.63%
  • Total Assets 84.05%

About Sree Palani Andavar Alloys And Steels

Sree Palani Andavar Alloys And Steels Private Limited (SPAAASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 2007 and has a history of 17 years and ten months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals 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 5.95 Cr and a paid-up capital of Rs 5.90 Cr.

The company currently has active open charges totaling ₹43.73 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Palanisamygounder Chelappan, Palanisamygunder Ponnusamy, Senthil Kumar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spatmt.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106TZ2007PTC013606

  • Company No.

    013606

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2007

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Metals and Minerals

Who are the key members and board of directors at Sree Palani Andavar Alloys And Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Palanisamygounder Chelappan Country flag representing In Managing Director05-Apr-2007Current

Board Members (5)

NameDesignationAppointment DateStatus
Palanisamygunder Ponnusamy Country flag representing In Director 05-Apr-2007Current
Senthil Kumar Country flag representing In Director 14-Jul-2008Current
Ponnusamy Mahendran Country flag representing In Director 14-Jul-2008Current
Karumandi Subramanian Country flag representing In Director 14-Jul-2008Current
Karumandicheellipalayam Dhanasekaran Country flag representing In Director 14-Jul-2008Current

Financial Performance of Sree Palani Andavar Alloys And Steels.

Sree Palani Andavar Alloys And Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.68% increase. The company also saw a substantial improvement in profitability, with a 57% increase in profit. The company's net worth Soared by an impressive increase of 31.63%.

Graph illustrating revenue growth over time
Graph showing 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
43.68%
Revenue from Operations
43.61%
Total Assets
84.05%
Profit or Loss
57.00%
Net Worth
31.63%
EBITDA
128.74%

What is the Ownership and Shareholding Structure of Sree Palani Andavar Alloys And Steels?

In 2023, Sree Palani Andavar Alloys And Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.73 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 43.73 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2023State Bank Of India₹0.75 MOpen
17 Aug 2022State Bank Of India₹2.50 MOpen
05 May 2008State Bank Of India₹43.40 CrOpen
07 May 2008State Bank Of India₹2.00 CrSatisfied

How Many Employees Work at Sree Palani Andavar Alloys And Steels?

Unlock and access historical data on people associated with Sree Palani Andavar Alloys And Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sree Palani Andavar Alloys And Steels, 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 Sree Palani Andavar Alloys And Steels'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 Sree Palani Andavar Alloys And Steels

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 43.40 Cr registered on 05 May 2008 with Charge ID 10184862 was modified on 11 Jan 2024.

    11 Jan 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.08 Cr with Charge ID 100814445 was registered on 29 Sep 2023.

    29 Sep 2023

  • Annual General Meeting

    Sree Palani Andavar Alloys And Steels Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Sree Palani Andavar Alloys And Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.25 Cr with Charge ID 100649542 was registered on 17 Aug 2022.

    17 Aug 2022

  • Charges

    A charge registered on 07 May 2008 via Charge ID 10154690 with State Bank Of India was fully satisfied on 20 May 2015.

    20 May 2015

Frequently asked questions

  • Sree Palani Andavar Alloys And Steels Private Limited was incorporated on 05 Apr 2007.

  • The authorized share capital of Sree Palani Andavar Alloys And Steels Private Limited is ₹ 5.95 Cr and paid-up capital is ₹ 5.90 Cr.

  • Currently 6 directors are associated with Sree Palani Andavar Alloys And Steels Private Limited.

    • Palanisamygounder Chelappan
    • Palanisamygunder Ponnusamy
    • Senthil Kumar
    • Ponnusamy Mahendran
    • Karumandi Chelli Palayam Chellappan Subramanian
    • Karumandicheellipalayam Chellappan Dhanasekaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Palani Andavar Alloys And Steels Private Limited is 4/173 Panayampalli Chennimalai, Erode, Tamil Nadu, India, 638051.

  • The corporate identification number (CIN) of Sree Palani Andavar Alloys And Steels Private Limited is U27106TZ2007PTC013606 and the company number is 013606 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sree Palani Andavar Alloys And Steels Private Limited is https://www.spatmt.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Palani Andavar Alloys And Steels Private Limited has risen by 43.68%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Palani Andavar Alloys And Steels Private Limited has experienced an upsurge of 31.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Palani Andavar Alloys And Steels Private Limited amount to ₹ 43.73 Cr.

  • The most recent Balance Sheet for Sree Palani Andavar Alloys And Steels Private Limited was filed with the ROC on 31 Mar 2023.