Sri Sai Basava Sugars Limited

Produces and sells sugar, established in 1995, based in Karnataka.

1995 | Bijapur, Karnataka (India) | Active
Last Updated: October 24, 2024

Sri Sai Basava Sugars Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 33.49 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.00 Cr
  • Satisfied Charges ₹ 241.49 Cr
  • Revenue Growth 52.54%
  • Profit Growth 113.34%
  • Ebitda -21.28%
  • Net Worth 196.71%
  • Total Assets -4.53%

About Sri Sai Basava Sugars

Sri Sai Basava Sugars Limited (SSBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 July 1995 and has a history of 29 years and seven months. Its registered office is in Bijapur, Karnataka, India.

The Corporate was formerly known as Manali Sugars Limited. The Company is engaged in the Agriculture 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 40.00 Cr and a paid-up capital of Rs 33.49 Cr.

The company currently has active open charges totaling ₹49.00 Cr. The company has closed loans amounting to ₹241.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sri Sai Basava Sugars Limited India is Kanchi Srinivas as COMPANY SECRETARY. Suresh Patil, Krishna Udapudi, Jawahar Hunagund, and One other member serve as directors at the Company.

Company Details

  • Location

    Bijapur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    manalisugars.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28259KA1995PLC048389

  • Company No.

    048389

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Sri Sai Basava Sugars?

Executive Team (2)

NameDesignationAppointment DateStatus
Jawahar Hunagund Country flag representing In Managing Director17-Nov-2022Current
Kanchi Srinivas Country flag representing In Company Secretary30-Jul-2024Current

Financial Performance of Sri Sai Basava Sugars.

Sri Sai Basava Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.54% increase. The company also saw a substantial improvement in profitability, with a 113.34% increase in profit. The company's net worth Soared by an impressive increase of 196.71%.

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
52.54%
Revenue from Operations
51.89%
Total Assets
-4.53%
Profit or Loss
113.34%
Net Worth
196.71%
EBITDA
-21.28%

What is the Ownership and Shareholding Structure of Sri Sai Basava Sugars?

In 2023, Sri Sai Basava Sugars 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

₹49.00 Cr

Satisfied Charges

₹241.49 Cr

Charges Breakdown by Lending Institutions

  • Others : 49.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2023Others₹49.00 CrOpen
31 Mar 2018Others₹43.39 CrSatisfied
28 Jul 2017Others₹49.95 CrSatisfied
04 Sep 2015The Vijayapur (Bijapur) District Central Co-Operative Bank Limited₹24.00 CrSatisfied
11 Jul 2014South Canara District Central Co-Operative Bank₹22.90 CrSatisfied

How Many Employees Work at Sri Sai Basava Sugars?

Sri Sai Basava Sugars has a workforce of 196 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Sai Basava Sugars, 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 Sri Sai Basava Sugars'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 Sri Sai Basava Sugars

Recent activity within the organization

  • Director Appointment

    Kanchi Srinivas was appointed as a Company Secretary was appointed as a Company Secretary on 30 Jul 2024 & has been associated with this company since 6 months 29 days .

    30 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 49.00 Cr with Charge ID 100834067 was registered on 29 Nov 2023.

    29 Nov 2023

  • Annual General Meeting

    Sri Sai Basava Sugars Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Krishnamurthy Seshatri Iyagriv was appointed as a Director was appointed as a Director on 22 Jul 2023 & has been associated with this company since 1 year 7 months .

    22 Jul 2023

  • Director Appointment

    Suresh Basangouda Patil was appointed as a Director was appointed as a Director on 01 Jul 2023 & has been associated with this company since 1 year 7 months .

    01 Jul 2023

  • Director Appointment

    Krishna Dundappa Udapudi was appointed as a Director was appointed as a Director on 01 Jul 2023 & has been associated with this company since 1 year 7 months .

    01 Jul 2023

Frequently asked questions

  • What is the Incorporation or founding date of Sri Sai Basava Sugars Limited?

    Sri Sai Basava Sugars Limited was incorporated on 26 Jul 1995.

  • What is authorized share capital and paid-up capital of Sri Sai Basava Sugars Limited?

    The authorized share capital of Sri Sai Basava Sugars Limited is ₹ 40.00 Cr and paid-up capital is ₹ 33.49 Cr.

  • Who are the current board members & directors of Sri Sai Basava Sugars Limited?

    Currently 5 directors are associated with Sri Sai Basava Sugars Limited.

    • Suresh Basangouda Patil
    • Krishna Dundappa Udapudi
    • Jawahar Vasantrao Hunagund
    • Krishnamurthy Seshatri Iyagriv
    • Kanchi Srinivas
  • What is the registered address of Sri Sai Basava Sugars Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sai Basava Sugars Limited is At Post Malaghan Taluk Almel India, Sindgi, Karnataka, 586128.

  • What is the corporate identification number (CIN) and company number of Sri Sai Basava Sugars Limited?

    The corporate identification number (CIN) of Sri Sai Basava Sugars Limited is U28259KA1995PLC048389 and the company number is 048389 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sri Sai Basava Sugars Limited?

    The Official website of Sri Sai Basava Sugars Limited is https://www.manalisugars.com

  • What has been the recent revenue trend for Sri Sai Basava Sugars Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Sai Basava Sugars Limited has risen by 52.54%.

  • How many employees does Sri Sai Basava Sugars Limited currently have?

    As Per 2023 financial reports, 196 employees are currently employed by Sri Sai Basava Sugars Limited.

  • What change has been observed in the net worth of Sri Sai Basava Sugars Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Sai Basava Sugars Limited has experienced an upsurge of 196.71%.

  • What are the total open charges for Sri Sai Basava Sugars Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Sai Basava Sugars Limited amount to ₹ 49.00 Cr.

  • When was the last Balance Sheet of Sri Sai Basava Sugars Limited filed with the ROC?

    The most recent Balance Sheet for Sri Sai Basava Sugars Limited was filed with the ROC on 31 Mar 2023.

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