Sushee Coatings Private Limited

Manufacturer of paint with registered office in Bangalore, Karnataka since 1998.

1998 | Bangalore, Karnataka (India) | Active
Last Updated: June 29, 2024

Sushee Coatings Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.61 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 485.74%
  • Profit Growth 504.68%
  • Ebitda 171.27%
  • Net Worth 52.33%
  • Total Assets 20.48%

About Sushee Coatings

Sushee Coatings Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 March 1998 and has a history of 26 years and 11 months. Its registered office is in Bangalore, 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 1.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.61 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Shankar Balasubramaniam, Arun Murthy, Sangeetha Balasubramaniam, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    susheecoatings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24132KA1998PTC023491

  • Company No.

    023491

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Manufacturing

What products or services does Sushee Coatings Private Limited offer?

Sushee Coatings Private Limited offers a wide range of products and services, including Printing Inks & Other Supplies, Printing Ink, Barcode, Stickers & Luggage Tags, Textile Labels, Sticker and Tags, Stickers, Fabric Printing, Digital Fabric Printing, Decoration Sticker, Cartoon Sticker, Plastisol Inks.

Who are the key members and board of directors at Sushee Coatings?

Executive Team (1)

NameDesignationAppointment DateStatus
Murugeshan Balasubhramaniam Country flag representing In Managing Director12-Mar-1998Current

Board Members (4)

NameDesignationAppointment DateStatus
Shankar Balasubramaniam Country flag representing In Director Current
Arun Murthy Country flag representing In Director Current
Sangeetha Balasubramaniam Country flag representing In Director 01-Apr-2010Current
Easwaramurthy Murugeshan Country flag representing In Director 12-Mar-1998Current

Financial Performance of Sushee Coatings.

Sushee Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 485.74% increase. The company also saw a substantial improvement in profitability, with a 504.68% increase in profit. The company's net worth Soared by an impressive increase of 52.33%.

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
485.74%
Revenue from Operations
523.42%
Total Assets
20.48%
Profit or Loss
504.68%
Net Worth
52.33%
EBITDA
171.27%

What is the Ownership and Shareholding Structure of Sushee Coatings?

In 2023, Sushee Coatings had a promoter holding of 40.00% and a public holding of 60.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.07 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 2.42 Cr
  • Idbi Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2023The South Indian Bank Limited₹1.80 MOpen
16 Jun 2016The South Indian Bank Limited₹2.24 CrOpen
23 Jan 2010Idbi Bank Limited₹1.91 MOpen
04 Apr 2014Idbi Bank Ltd₹2.00 MSatisfied

How Many Employees Work at Sushee Coatings?

Unlock and access historical data on people associated with Sushee Coatings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sushee Coatings, 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 Sushee Coatings'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 Sushee Coatings

Recent activity within the organization

  • Charges

    A charge with The South Indian Bank Limited of Rs. 22.36 M registered on 16 Jun 2016 with Charge ID 100039087 was modified on 04 Oct 2023.

    04 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 1.80 M with Charge ID 100796770 was registered on 29 Sep 2023.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 04 Apr 2014 via Charge ID 10501051 with Idbi Bank Ltd was fully satisfied on 20 Jul 2016.

    20 Jul 2016

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 22.36 M with Charge ID 100039087 was registered on 16 Jun 2016.

    16 Jun 2016

Frequently asked questions

  • Sushee Coatings Private Limited was incorporated on 12 Mar 1998.

  • The authorized share capital of Sushee Coatings Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 5 directors are associated with Sushee Coatings Private Limited.

    • Shankar Balasubramaniam
    • Arun Easwara Murthy
    • Sangeetha Balasubramaniam
    • Murugeshan Balasubhramaniam
    • Easwaramurthy Murugeshan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sushee Coatings Private Limited is 4367Th CrossPrakash Nagar, Bangalore, Karnataka, India, 560021.

  • The corporate identification number (CIN) of Sushee Coatings Private Limited is U24132KA1998PTC023491 and the company number is 023491 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sushee Coatings Private Limited is https://www.susheecoatings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sushee Coatings Private Limited has risen by 485.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sushee Coatings Private Limited has experienced an upsurge of 52.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sushee Coatings Private Limited amount to ₹ 2.61 Cr.

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

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