Stumpp Schuele & Somappa Springs Private Limited logo

Stumpp Schuele & Somappa Springs Private Limited

Manufactures and sells metallic springs for various industries, part of MG Brothers Group.
1996 | Bangaluru, Karnataka (India) | Active

Last Updated:

December 03, 2024
HomeCompanyStumpp Schuele & Somappa Springs Private Limited

Who are the key members and board of directors at Stumpp Schuele & Somappa Springs?

Executive Team (1)

NameDesignationAppointment DateStatus
Satish Machani InManaging Director04-Jun-2009Current

Board Members(4)

NameDesignationAppointment DateStatus
Ramanna Gangadhar In Director 04-Jun-2009Current
Ravi Machani Us Whole-Time Director 04-Jun-2009Current
Machani Ganganna In Director 04-Jun-2009Current
Anil Machani In Director 13-Sep-2019Current

Financial Performance and Corporate Structure Insights of Stumpp Schuele & Somappa Springs.

Stumpp Schuele & Somappa Springs Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.94% increase. The company also saw a substantial fall in profitability, with a 22.85% decrease in profit. The company's net worth Soared by an impressive increase of 10.05%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.94%
Revenue from Operations
30.10%
Total Assets
17.20%
Profit or Loss
-22.85%
Net Worth
10.05%
EBITDA
-13.48%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹294.55 Cr

₹288.06 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 31 May 2024
₹1.31 CrOpen

Others

Creation Date: 30 Dec 2023
₹5.00 CrOpen

Canara Bank

Creation Date: 20 Sep 2023
₹27.00 CrOpen

How Many Employees Work at Stumpp Schuele & Somappa Springs?

Stumpp Schuele & Somappa Springs has a workforce of 494 employees as of Mar 31, 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.

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Latest Updates, News, and FAQs on Stumpp Schuele & Somappa Springs

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.31 Cr with Charge ID 100933784 was registered on 31 May 2024.

    31 May 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 30 Dec 2023 with Charge ID 100858741 was modified on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100858741 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    Stumpp Schuele & Somappa Springs Private Limited last Annual general meeting of members was held on 10 Nov 2023 as per latest MCA records.

    10 Nov 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 27.00 Cr with Charge ID 100780316 was registered on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100791606 was registered on 30 Aug 2023.

    30 Aug 2023

Frequently asked questions

  • Stumpp Schuele & Somappa Springs Private Limited was incorporated on 12 Aug 1996.

  • The authorized share capital of Stumpp Schuele & Somappa Springs Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 3.01 Cr.

  • Currently 5 directors are associated with Stumpp Schuele & Somappa Springs Private Limited.

    • Ramanna Machani Gangadhar
    • Satish Ramesh Machani
    • Ravi Ramesh Machani
    • Machani Ramanna Ganganna
    • Anil Narasappa Machani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Stumpp Schuele & Somappa Springs Private Limited is No.04 Bommasandra Industrial Area Attibele Hobli, Anekal Taluk. India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Stumpp Schuele & Somappa Springs Private Limited is U29299KA1996PTC038742 and the company number is 038742 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Stumpp Schuele & Somappa Springs Private Limited is https://www.ssssprings.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Stumpp Schuele & Somappa Springs Private Limited has risen by 29.94%.

  • As Per 2022 financial reports, 494 employees are currently employed by Stumpp Schuele & Somappa Springs Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Stumpp Schuele & Somappa Springs Private Limited has experienced an upsurge of 10.05%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Stumpp Schuele & Somappa Springs Private Limited amount to ₹ 294.55 Cr.

  • The most recent Balance Sheet for Stumpp Schuele & Somappa Springs Private Limited was filed with the ROC on 31 Mar 2023.

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