Srico Projects Private Limited

Provides construction services for government projects, including buildings, schools, and hostels.

2001 | Hyderabad, Telangana (India) | Active
Last Updated: January 03, 2025

Srico Projects Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.90 Cr
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.60 Cr
  • Satisfied Charges ₹ 65.11 Cr
  • Revenue Growth 72.97%
  • Profit Growth 126.64%
  • Ebitda 37.52%
  • Net Worth 31.63%
  • Total Assets 7.85%

About Srico Projects

Srico Projects Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 February 2001 and has a history of 23 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Real Estate And Construction 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 3.50 Cr and a paid-up capital of Rs 2.90 Cr.

The company currently has active open charges totaling ₹14.60 Cr. The company has closed loans amounting to ₹65.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Srinivas Machineni and Mechineni Rao serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sricoprojects.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200TG2001PTC036277

  • Company No.

    036277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Real Estate and Construction

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

Executive Team (1)

Name Designation Appointment Date Status
Srinivas Machineni Country flag representing In Managing Director 23-Feb-2001 Current

Board Members (1)

Name Designation Appointment Date Status
Mechineni Rao Country flag representing In Director 30-Jun-2008 Current

Financial Performance of Srico Projects.

Srico Projects Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.97% increase. The company also saw a substantial improvement in profitability, with a 126.64% 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
72.97%
Revenue from Operations
75.08%
Total Assets
7.85%
Profit or Loss
126.64%
Net Worth
31.63%
EBITDA
37.52%

What is the Ownership and Shareholding Structure of Srico Projects?

In 2023, Srico Projects 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

₹14.60 Cr

Satisfied Charges

₹65.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.85 Cr
  • Axis Bank Limited : 6.00 Cr
  • Hdfc Bank Limited : 1.75 Cr

Latest Charge Details

Date Lender Amount Status
06 Nov 2024 Others ₹1.27 Cr Open
08 Aug 2024 Others ₹2.75 Cr Open
03 May 2024 Others ₹8.65 M Open
31 Mar 2024 Hdfc Bank Limited ₹1.75 Cr Open
01 Mar 2024 Others ₹2.64 M Open

How Many Employees Work at Srico Projects?

Srico Projects has a workforce of 206 employees as of Mar 29, 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 Srico 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 Srico 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 Srico Projects

Recent activity within the organization

  • Charges

    A charge registered on 29 Jul 2020 via Charge ID 100363966 with Others was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge registered on 08 May 2015 via Charge ID 10572079 with Others was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge registered on 08 Oct 2009 via Charge ID 10187137 with Punjab National Bank was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 1.27 Cr with Charge ID 101013657 was registered on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge registered on 31 Jul 2021 via Charge ID 100499300 with Others was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge registered on 28 Feb 2021 via Charge ID 100429655 with Others was fully satisfied on 14 Oct 2024.

    14 Oct 2024

Frequently asked questions

  • Srico Projects Private Limited was incorporated on 23 Feb 2001.

  • The authorized share capital of Srico Projects Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.90 Cr.

  • Currently 2 directors are associated with Srico Projects Private Limited.

    • Srinivas Rao Machineni
    • Mechineni Surekha Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srico Projects Private Limited is Plot No.178/A Mla Colony Road No.12, Banjara Hills India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Srico Projects Private Limited is U45200TG2001PTC036277 and the company number is 036277 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Srico Projects Private Limited is https://www.sricoprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Srico Projects Private Limited has risen by 72.97%.

  • As Per 2023 financial reports, 206 employees are currently employed by Srico Projects Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Srico Projects Private Limited has experienced an upsurge of 31.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Srico Projects Private Limited amount to ₹ 14.60 Cr.

  • The most recent Balance Sheet for Srico Projects Private Limited was filed with the ROC on 31 Mar 2023.

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