Suman Electric Udyogs Private Limited

Electrical trading company offering cables, wires, switchgear, and other related products since 2008.

2008 | Bangalore North, Karnataka (India) | Active
Last Updated: June 16, 2024

Suman Electric Udyogs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.55 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.03 Cr
  • Satisfied Charges ₹ 12.91 Cr
  • Revenue Growth 15.03%
  • Profit Growth 21.14%
  • Ebitda 19.87%
  • Net Worth 9.00%
  • Total Assets 1.72%

About Suman Electric Udyogs

Suman Electric Udyogs Private Limited (SEUPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 March 2008 and has a history of 16 years and 11 months. Its registered office is in Bangalore North, Karnataka, India.

The Company is engaged in the E-Commerce 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 1.00 Cr and a paid-up capital of Rs 8.55 M.

The company currently has active open charges totaling ₹39.03 Cr. The company has closed loans amounting to ₹12.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Uttamchand Ratadia, Padam Ratadia, Nitesh Ratadia, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore North, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sumanblr.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31100KA2008PTC045473

  • Company No.

    045473

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

E-Commerce

Who are the key members and board of directors at Suman Electric Udyogs?

Board Members (4)

NameDesignationAppointment DateStatus
Uttamchand Ratadia Country flag representing In Director 03-Mar-2008Current
Padam Ratadia Country flag representing In Director 03-Mar-2008Current
Nitesh Ratadia Country flag representing In Director 01-Jun-2018Current
Manish Chand Country flag representing In Director 06-Mar-2014Current

Financial Performance of Suman Electric Udyogs.

Suman Electric Udyogs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.03% increase. The company also saw a substantial improvement in profitability, with a 21.14% increase in profit. The company's net worth moved up by a moderate rise of 9%.

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
15.03%
Revenue from Operations
15.03%
Total Assets
1.72%
Profit or Loss
21.14%
Net Worth
9.00%
EBITDA
19.87%

What is the Ownership and Shareholding Structure of Suman Electric Udyogs?

In 2023, Suman Electric Udyogs had a promoter holding of 32.04% and a public holding of 67.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.03 Cr

Satisfied Charges

₹12.91 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 33.68 Cr
  • Others : 5.35 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2022The Hongkong And Shanghai Banking Corporation Limited₹1.40 CrOpen
24 Feb 2022The Hongkong And Shanghai Banking Corporation Limited₹3.64 CrOpen
20 Dec 2021The Hongkong And Shanghai Banking Corporation Limited₹3.64 CrOpen
30 Apr 2019Others₹2.00 MOpen
30 Apr 2019Others₹1.00 MOpen

How Many Employees Work at Suman Electric Udyogs?

Suman Electric Udyogs has a workforce of 70 employees as of Mar 21, 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 Suman Electric Udyogs, 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 Suman Electric Udyogs'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 Suman Electric Udyogs

Recent activity within the organization

  • Annual General Meeting

    Suman Electric Udyogs Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 12 Feb 2014 with Charge ID 10478412 was modified on 10 Apr 2023.

    10 Apr 2023

  • Balance Sheet

    Suman Electric Udyogs 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 The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.40 Cr with Charge ID 100542969 was registered on 24 Feb 2022.

    24 Feb 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 3.64 Cr with Charge ID 100557898 was registered on 24 Feb 2022.

    24 Feb 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 3.64 Cr with Charge ID 100557904 was registered on 20 Dec 2021.

    20 Dec 2021

Frequently asked questions

  • Suman Electric Udyogs Private Limited was incorporated on 03 Mar 2008.

  • The authorized share capital of Suman Electric Udyogs Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.55 M.

  • Currently 4 directors are associated with Suman Electric Udyogs Private Limited.

    • Uttamchand Ratadia
    • Padam Raj Ratadia
    • Nitesh Ratadia
    • Manish Jain Uttam Chand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suman Electric Udyogs Private Limited is No B 70 New Municipal No 21 Pid No.21-40-21, 4Th Main Road Kssidc Industrial Estate 6Th Block Rajajinagar Rajajinagar, Bangalore North, Karnataka, India, 560044.

  • The corporate identification number (CIN) of Suman Electric Udyogs Private Limited is U31100KA2008PTC045473 and the company number is 045473 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suman Electric Udyogs Private Limited is https://www.sumanblr.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Suman Electric Udyogs Private Limited has risen by 15.03%.

  • As Per 2023 financial reports, 70 employees are currently employed by Suman Electric Udyogs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suman Electric Udyogs Private Limited has experienced an upsurge of 9.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Suman Electric Udyogs Private Limited amount to ₹ 39.03 Cr.

  • The most recent Balance Sheet for Suman Electric Udyogs Private Limited was filed with the ROC on 31 Mar 2023.

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