Suvire Electric Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 3.51 Cr
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 13.75 Cr
- Revenue Growth 6.48%
- Profit Growth 49.91%
- Ebitda -149.13%
- Net Worth -17.71%
- Total Assets -8.81%
About Suvire Electric
Suvire Electric Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2006 and has a history of 18 years and 11 months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Consumer Electronics & Durables 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 4.50 Cr and a paid-up capital of Rs 3.51 Cr.
The company currently has active open charges totaling ₹13.75 Cr.
Vijayaraj Krishnan, Palakurishi Gopinath, Joji Velamparambil, and One other member serve as directors at the Company.
Company Details
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Location
Kanchipuram, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U31300TN2006PTC059170
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Company No.
059170
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Mar 2006
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Suvire Electric Private Limited offer?
Suvire Electric Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Control Equipment, Electrical Panels & Distribution Box, Control Panel Accessories, Electrical Box, Electric Control Panel, Switches & Switch Boxes, Electrical Switches, Electronic Enclosures, Electric Enclosures.
Who are the key members and board of directors at Suvire Electric?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijayaraj Krishnan
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Managing Director | 14-Mar-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Palakurishi Gopinath
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Director | 15-Feb-2016 | Current |
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Joji Velamparambil
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Director | 15-Feb-2016 | Current |
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Giridhari Rajagopalan
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Whole-Time Director | 16-Jun-2011 | Current |
Financial Performance of Suvire Electric.
Suvire Electric Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.48% increase. The company also saw a substantial improvement in profitability, with a 49.91% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.71%.
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What is the Ownership and Shareholding Structure of Suvire Electric?
In 2022, Suvire Electric had a promoter holding of 74.75% and a public holding of 25.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Trinergy Suvire Private LimitedVijayaraj Krishnan and Palakurishi Gopinath are mutual person
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Trinergy Technologies (India) Private LimitedPalakurishi Gopinath is a mutual person
Charges (Loans)
₹13.75 Cr
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 13.69 Cr
- Hdfc Bank Limited : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2022 | Hdfc Bank Limited | ₹0.60 M | Open |
| 30 Oct 2021 | Bank Of India | ₹1.00 Cr | Open |
| 29 Jun 2020 | Bank Of India | ₹1.10 Cr | Open |
| 12 Jun 2020 | Bank Of India | ₹6.50 M | Open |
| 15 Jul 2008 | Bank Of India | ₹2.80 Cr | Open |
How Many Employees Work at Suvire Electric?
Suvire Electric has a workforce of 44 employees as of Oct 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Suvire Electric, 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 Suvire Electric's trajectory.
Rating
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
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.
