Tirupati Starch & Chemicals Limited

This company specializes in wet milling of maize corn to produce various starch and by-products.

1985 | Indore, Madhya Pradesh (India) | Active
Last Updated: June 21, 2024

Tirupati Starch & Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 14.50 Cr
  • Paid Up Capital ₹ 13.84 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 201.46 Cr
  • Satisfied Charges ₹ 9.41 Cr
  • Revenue Growth 14.04%
  • Profit Growth -20.51%
  • Ebitda 8.38%
  • Net Worth 27.68%
  • Total Assets 7.02%

About Tirupati Starch & Chemicals

Tirupati Starch & Chemicals Limited (TSCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 December 1985 and has a history of 39 years and one month. Its registered office is in Indore, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524582.

The Company is engaged in the Chemicals And Materials 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 14.50 Cr and a paid-up capital of Rs 13.84 Cr.

The company currently has active open charges totaling ₹201.46 Cr. The company has closed loans amounting to ₹9.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tirupati Starch & Chemicals Limited India are Rohit Mangal as CFO and Anurag Saxena as Company Secretary. Prakash Bafna, Ashish Agrawal, Sandeep Agrawal, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15321MP1985PLC003181

  • Company No.

    003181

  • Stock Symbol

    BSE : 524582

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1985

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Chemicals and Materials
Food and Beverages

What products or services does Tirupati Starch & Chemicals Limited offer?

Tirupati Starch & Chemicals Limited offers a wide range of products and services, including Nutraceuticals & Dietary Supplements, Nutritional Supplements, Bird Food, Poultry & Animal Food, Animal Feed, Safety Equipment & Systems, Safety Equipment, Flavours & Aromatics, Starch Powder, Common Disease Medicines, Pharmaceutical Medicine.

Who are the key members and board of directors at Tirupati Starch & Chemicals?

Executive Team (3)

NameDesignationAppointment DateStatus
Amit Modi Country flag representing Au Managing Director10-Dec-2014Current
Rohit Mangal Country flag representing In CFO19-Mar-2015Current
Anurag Saxena Country flag representing In Company Secretary05-Feb-2024Current

Board Members (13)

NameDesignationAppointment DateStatus
Prakash Bafna Country flag representing In Whole-Time Director 03-Jun-1987Current
Ashish Agrawal Country flag representing In Director 30-Dec-2005Current
Sandeep Agrawal Country flag representing In Director 07-Jul-2022Current
Yashwant Nandecha Country flag representing In Director 07-Jul-2022Current
Ramesh Agrawal Country flag representing In Director 01-Oct-2016Current
Nitin Gupta Country flag representing In Director 01-Oct-2015Current

Financial Performance of Tirupati Starch & Chemicals.

Tirupati Starch & Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.04% increase. The company also saw a substantial fall in profitability, with a 20.51% decrease in profit. The company's net worth Soared by an impressive increase of 27.68%.

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
14.04%
Revenue from Operations
14.49%
Total Assets
7.02%
Profit or Loss
-20.51%
Net Worth
27.68%
EBITDA
8.38%

What is the Ownership and Shareholding Structure of Tirupati Starch & Chemicals?

In 2022, Tirupati Starch & Chemicals had a promoter holding of 63.03% and a public holding of 36.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹201.46 Cr

Satisfied Charges

₹9.41 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 133.66 Cr
  • Hdfc Bank Limited : 60.00 Cr
  • Tata Capital Financial Services Limited : 7.75 Cr
  • Others : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2023Hdfc Bank Limited₹60.00 CrOpen
28 Mar 2023Tata Capital Financial Services Limited₹7.75 CrOpen
14 Nov 2019Others₹0.50 MOpen
17 Feb 2017State Bank Of India₹0.56 MOpen
06 Feb 1990State Bank Of India₹133.60 CrOpen

How Many Employees Work at Tirupati Starch & Chemicals?

Unlock and access historical data on people associated with Tirupati Starch & Chemicals, 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 Tirupati Starch & Chemicals, 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 Tirupati Starch & Chemicals'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 Tirupati Starch & Chemicals

Recent activity within the organization

  • Director Appointment

    Anurag Kumar Saxena was appointed as a Company Secretary was appointed as a Company Secretary on 05 Feb 2024 & has been associated with this company since 11 months 26 days .

    05 Feb 2024

  • Charges

    A charge with State Bank Of India of Rs. 133.60 Cr registered on 06 Feb 1990 with Charge ID 90207071 was modified on 04 Dec 2023.

    04 Dec 2023

  • Annual General Meeting

    Tirupati Starch & Chemicals Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100798440 was registered on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge registered on 29 Apr 2017 via Charge ID 100100102 with State Bank Of India was fully satisfied on 18 May 2023.

    18 May 2023

  • Balance Sheet

    Tirupati Starch & Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Tirupati Starch & Chemicals Limited was incorporated on 09 Dec 1985.

  • The authorized share capital of Tirupati Starch & Chemicals Limited is ₹ 14.50 Cr and paid-up capital is ₹ 13.84 Cr.

  • Currently 16 directors are associated with Tirupati Starch & Chemicals Limited.

    • Prakash Chand Bafna
    • Ashish Agrawal
    • Sandeep Agrawal
    • Yashwant Nandecha
    • Ramesh Agrawal
    • Nitin Kumar Gupta
    • Amit Modi
    • Pramila Jajodia
    • Ramesh Goyal
    • Vinod Kumar Garg
    • Ramdas Goyal
    • Shashikala Mangal
    • Yogesh Kumar Agrawal
    • Rohit Mangal
    • Babu Lal Mangal
    • Anurag Kumar Saxena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tirupati Starch & Chemicals Limited is Shree Ram Chambers, 12 - Agrawal Nagar Main Road, Indore, Madhya Pradesh, India, 452001.

  • The corporate identification number (CIN) of Tirupati Starch & Chemicals Limited is L15321MP1985PLC003181 and the company number is 003181 as per Ministry of Corporate Affairs (MCA).

  • Yes, Tirupati Starch & Chemicals Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Tirupati Starch & Chemicals Limited is https://www.tirupatistarch.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tirupati Starch & Chemicals Limited has risen by 14.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tirupati Starch & Chemicals Limited has experienced an upsurge of 27.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tirupati Starch & Chemicals Limited amount to ₹ 201.46 Cr.

  • The most recent Balance Sheet for Tirupati Starch & Chemicals Limited was filed with the ROC on 31 Mar 2023.

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