Succinnova Technologies Private Limited

Precision machining and assembly with CNC technology, CAM programming, and global sourcing services.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Succinnova Technologies Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.46 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.01 Cr
  • Satisfied Charges ₹ 9.30 M
  • Revenue Growth 70.82%
  • Profit Growth 52.36%
  • Ebitda 2.26%
  • Net Worth 30.19%
  • Total Assets 213.54%

About Succinnova Technologies

Succinnova Technologies Private Limited (STPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 2015 (Nine years and ten months 24 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 0.46 M.

The company currently has active open charges totaling ₹4.01 Cr. The company has closed loans amounting to ₹9.30 M, as per Ministry of Corporate Affairs (MCA) records.

Shamacharya Vanita, Badarinath, Saibannavar Siddalingappa, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2015PTC079361

  • Company No.

    079361

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Succinnova Technologies?

Board Members (4)

Name Designation Appointment Date Status
Shamacharya Vanita Country flag representing In Director Current
Badarinath Country flag representing In Director 22-Jun-2016 Current
Saibannavar Siddalingappa Country flag representing In Director 04-Feb-2022 Current
Mahesh Satyammanavar Country flag representing In Director 04-Feb-2022 Current

Financial Performance of Succinnova Technologies.

Succinnova Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.82% increase. The company also saw a substantial improvement in profitability, with a 52.36% increase in profit. The company's net worth Soared by an impressive increase of 30.19%.

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
70.82%
Revenue from Operations
66.61%
Total Assets
213.54%
Profit or Loss
52.36%
Net Worth
30.19%
EBITDA
2.26%

What is the Ownership and Shareholding Structure of Succinnova Technologies?

In 2023, Succinnova Technologies had a public 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

₹40.11 M

Satisfied Charges

₹9.30 M

Charges Breakdown by Lending Institutions

  • Sidbi : 2.00 Cr
  • Others : 1.11 Cr
  • Yes Bank Limited : 0.91 Cr

Latest Charge Details

Date Lender Amount Status
13 Mar 2023 Yes Bank Limited ₹9.06 M Open
02 Nov 2022 Sidbi ₹2.00 Cr Open
30 Aug 2021 Others ₹1.11 Cr Open
13 Oct 2016 State Bank Of India ₹9.30 M Satisfied

How Many Employees Work at Succinnova Technologies?

Succinnova Technologies has a workforce of 77 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 Succinnova Technologies, 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 Succinnova Technologies'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 Succinnova Technologies

Recent activity within the organization

  • Annual General Meeting

    Succinnova Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Succinnova Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 9.06 M with Charge ID 100725767 was registered on 13 Mar 2023.

    13 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 20.00 M with Charge ID 100640727 was registered on 02 Nov 2022.

    02 Nov 2022

  • Director Appointment

    Saibannavar Ashokappa Siddalingappa was appointed as a Director was appointed as a Director on 04 Feb 2022 & has been associated with this company since 3 years 6 days .

    04 Feb 2022

  • Director Appointment

    Mahesh Eshwar Satyammanavar was appointed as a Director was appointed as a Director on 04 Feb 2022 & has been associated with this company since 3 years 6 days .

    04 Feb 2022

Frequently asked questions

  • Succinnova Technologies Private Limited was incorporated on 19 Mar 2015.

  • The authorized share capital of Succinnova Technologies Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.46 M.

  • Currently 4 directors are associated with Succinnova Technologies Private Limited.

    • Shamacharya Joshi Vanita
    • Badarinath
    • Saibannavar Ashokappa Siddalingappa
    • Mahesh Eshwar Satyammanavar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Succinnova Technologies Private Limited is No. 13 Doddabeleapur Integrated Textil Park Ltd. Sw-51 Apparel Park Phase Ii, Kiadb Indust Rial Area India, Doddaballapur, Karnataka, 561203.

  • The corporate identification number (CIN) of Succinnova Technologies Private Limited is U74900KA2015PTC079361 and the company number is 079361 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Succinnova Technologies Private Limited is https://www.succinnova.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Succinnova Technologies Private Limited has risen by 70.82%.

  • As Per 2023 financial reports, 77 employees are currently employed by Succinnova Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Succinnova Technologies Private Limited has experienced an upsurge of 30.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Succinnova Technologies Private Limited amount to ₹ 4.01 Cr.

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

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