Srivari Hi-Tech Industries Private Limited

Manufactures and supplies corrugated boxes for various clients, ISO certified.

1977 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Srivari Hi-Tech Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 47 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.38 Cr
  • Satisfied Charges ₹ 4.23 Cr
  • Revenue Growth -11.33%
  • Profit Growth 2808.81%
  • Ebitda 3.41%
  • Net Worth 8.34%
  • Total Assets 9.38%

About Srivari Hi-Tech Industries

Srivari Hi-Tech Industries Private Limited (SHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 1977 and has a history of 47 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Srivari Hi-Tech Industries Limited. The Company is engaged in the Packaging 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 1.50 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹3.38 Cr. The company has closed loans amounting to ₹4.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Revathy Veerasamy, Raghavalu Archana, and Jayanthi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27320KA1977PTC003199

  • Company No.

    003199

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 1977

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

Who are the key members and board of directors at Srivari Hi-Tech Industries?

Board Members (3)

Name Designation Appointment Date Status
Revathy Veerasamy Country flag representing In Director 28-Sep-2012 Current
Raghavalu Archana Country flag representing In Director 20-Feb-2013 Current
Jayanthi Country flag representing In Director 04-Oct-2000 Current

Financial Performance of Srivari Hi-Tech Industries.

Srivari Hi-Tech Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.33% decrease. The company also saw a substantial improvement in profitability, with a 2808.81% increase in profit. The company's net worth moved up by a moderate rise of 8.34%.

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
-11.33%
Revenue from Operations
-11.31%
Total Assets
9.38%
Profit or Loss
2808.81%
Net Worth
8.34%
EBITDA
3.41%

What is the Ownership and Shareholding Structure of Srivari Hi-Tech Industries?

In 2022, Srivari Hi-Tech Industries had a promoter holding of 80.33% and a public holding of 19.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.38 Cr

Satisfied Charges

₹4.23 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.38 Cr

Latest Charge Details

Date Lender Amount Status
11 Jan 2018 State Bank Of India ₹3.38 Cr Open
20 Jun 2009 State Bank Of India ₹2.57 Cr Satisfied
30 Jan 2002 State Bank Of India ₹1.66 Cr Satisfied

How Many Employees Work at Srivari Hi-Tech Industries?

Srivari Hi-Tech Industries has a workforce of 40 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 Srivari Hi-Tech Industries, 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 Srivari Hi-Tech Industries'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 Srivari Hi-Tech Industries

Recent activity within the organization

  • Annual General Meeting

    Srivari Hi-Tech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 3.38 Cr registered on 11 Jan 2018 with Charge ID 100152077 was modified on 19 Aug 2024.

    19 Aug 2024

  • Balance Sheet

    Srivari Hi-Tech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 20 Jun 2009 via Charge ID 10272685 with State Bank Of India was fully satisfied on 06 Jan 2021.

    06 Jan 2021

  • Charges

    A charge registered on 30 Jan 2002 via Charge ID 80055457 with State Bank Of India was fully satisfied on 06 Jan 2021.

    06 Jan 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 3.38 Cr with Charge ID 100152077 was registered on 11 Jan 2018.

    11 Jan 2018

Frequently asked questions

  • Srivari Hi-Tech Industries Private Limited was incorporated on 24 Aug 1977.

  • The authorized share capital of Srivari Hi-Tech Industries Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.16 Cr.

  • Currently 3 directors are associated with Srivari Hi-Tech Industries Private Limited.

    • Revathy Raaghavalu Veerasamy
    • Raghavalu Veera Archana
    • Jayanthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srivari Hi-Tech Industries Private Limited is No.65 29Th A Cross 4Th Block, Jayanagar India, Bangalore, Karnataka, 560011.

  • The corporate identification number (CIN) of Srivari Hi-Tech Industries Private Limited is U27320KA1977PTC003199 and the company number is 003199 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Srivari Hi-Tech Industries Private Limited is https://www.srivarihitech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Srivari Hi-Tech Industries Private Limited has fallen by -11.33%.

  • As Per 2023 financial reports, 40 employees are currently employed by Srivari Hi-Tech Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Srivari Hi-Tech Industries Private Limited has experienced an upsurge of 8.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Srivari Hi-Tech Industries Private Limited amount to ₹ 3.38 Cr.

  • The most recent Balance Sheet for Srivari Hi-Tech Industries Private Limited was filed with the ROC on 31 Mar 2024.

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