Svasti Innovations Private Limited

Sells various products for personal and commercial use through online and offline modes.

2020 | Dharwad, Karnataka (India) | Active
Last Updated: December 25, 2024

Svasti Innovations Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth 30.90%
  • Profit Growth -75.49%
  • Ebitda -25.90%
  • Net Worth 14.86%
  • Total Assets -47.34%

About Svasti Innovations

Svasti Innovations Private Limited (SIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 May 2020 (Four years and eight months 21 days old ). Its registered office is in Dharwad, Karnataka, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 Cr.

Siddaling Latti, Vijayakumar Bhajantri, and Suresh Angadi serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52100KA2020PTC134169

  • Company No.

    134169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 2020

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

Who are the key members and board of directors at Svasti Innovations?

Board Members (3)

Name Designation Appointment Date Status
Siddaling Latti Country flag representing In Additional Director 17-Jul-2024 Current
Vijayakumar Bhajantri Country flag representing In Additional Director 17-Jul-2024 Current
Suresh Angadi Country flag representing In Director 26-Oct-2020 Current

Financial Performance of Svasti Innovations.

Svasti Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.9% increase. The company also saw a substantial fall in profitability, with a 75.49% decrease in profit. The company's net worth Soared by an impressive increase of 14.86%.

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
30.90%
Revenue from Operations
31.28%
Total Assets
-47.34%
Profit or Loss
-75.49%
Net Worth
14.86%
EBITDA
-25.90%

What is the Ownership and Shareholding Structure of Svasti Innovations?

Unlock access to Svasti Innovations's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2021 Karnataka Bank Ltd. ₹2.50 Cr Open

How Many Employees Work at Svasti Innovations?

Svasti Innovations has a workforce of 0 employees as of Apr 07, 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 Svasti Innovations, 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 Svasti Innovations'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 Svasti Innovations

Recent activity within the organization

  • Annual General Meeting

    Svasti Innovations Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Director Appointment

    Siddaling Latti was appointed as a Additional Director was appointed as a Additional Director on 17 Jul 2024 & has been associated with this company since 6 months 24 days .

    17 Jul 2024

  • Director Appointment

    Vijayakumar Bhajantri was appointed as a Additional Director was appointed as a Additional Director on 17 Jul 2024 & has been associated with this company since 6 months 24 days .

    17 Jul 2024

  • Balance Sheet

    Svasti Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 25.00 M with Charge ID 100455085 was registered on 23 Feb 2021.

    23 Feb 2021

  • Director Appointment

    Suresh Sharanapp Angadi was appointed as a Director was appointed as a Director on 26 Oct 2020 & has been associated with this company since 4 years 3 months .

    26 Oct 2020

Frequently asked questions

  • Svasti Innovations Private Limited was incorporated on 19 May 2020.

  • The authorized share capital of Svasti Innovations Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Svasti Innovations Private Limited.

    • Siddaling Latti
    • Vijayakumar Bhajantri
    • Suresh Sharanapp Angadi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Svasti Innovations Private Limited is Ground Floor No.02 Kappec Apmc Yard Amaragol Hubballi, Dharwad India, Hubli, Karnataka, 580025.

  • The corporate identification number (CIN) of Svasti Innovations Private Limited is U52100KA2020PTC134169 and the company number is 134169 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Svasti Innovations Private Limited is https://www.morningbell.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Svasti Innovations Private Limited has risen by 30.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Svasti Innovations Private Limited has experienced an upsurge of 14.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Svasti Innovations Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Svasti Innovations Private Limited was filed with the ROC on 31 Mar 2024.

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