SHL Securities (Alpha) Limited
About SHL Securities (Alpha) Limited
Data last updated:
SHL Securities (Alpha) Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Chemplast Cuddalore Vinyls Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 30 May 1990.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1990PLC019237.
The company had an authorised share capital of ₹2,655 Cr and a paid-up capital of ₹2,654.01 Cr. It was led by directors including Pavatta Kubi Sundaresan Jayaraman and Lavanya Venkatesh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 9 Cathedral Road, Chennai, Tamil Nadu, India – 600086.
As per the financials filed for FY 2018, the company reported a revenue of ₹20,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.5 Cr and EBITDA of -₹2.5 Cr. Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
Its group structure included 4 subsidiaries.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
SHL Securities (Alpha) has one previous CIN (Corporate Identification Number): L65991TN1990PLC019237. The current CIN is U65991TN1990PLC019237, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65991TN1990PLC019237 | Current |
| L65991TN1990PLC019237 | Previous |
Contact details
SHL Securities (Alpha) Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 Cathedral Road, Chennai, Tamil Nadu, India – 600086
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of SHL Securities (Alpha) Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of SHL Securities (Alpha) is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of SHL Securities (Alpha) Limited, buy the company report.
Financials of SHL Securities (Alpha) Limited
FY 2018 filings availableSHL Securities (Alpha) Limited reported revenue of ₹20,000 (up 167% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over three years, including 167% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹20,000 | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.5 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.5 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of SHL Securities (Alpha) Limited, buy the company report.
Board of directors and KMP of SHL Securities (Alpha) Limited
SHL Securities (Alpha) Limited currently reports 3 directors and 2 key managerial personnel. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavatta Kubi Sundaresan Jayaraman | Director | 12 May 2016 | 10 Years 5 Months | As last reported |
| Lavanya Venkatesh Also directs: Sanmar Chemical Enterprises Limited, Sanmar Group International Limited, Sanmar Matrix Metals Limited and 3 more | Director | 12 May 2016 | 10 Years 5 Months | As last reported |
| Sankaran Subbaiah | Director | 12 May 2016 | 10 Years 5 Months | As last reported |
| Kulathu Venkatasubramanian | Ceo | 01 Apr 2018 | 8 Years 6 Months | As last reported |
| Janardhanan Ramdas Also directs: Sanmar Shipping Limited, Stargate Properties Private Limited, Jumbo Properties (Alpha) Private Limited and 5 more | Cfo | 01 Apr 2018 | 8 Years 6 Months | As last reported |
Peer comparison
SHL Securities (Alpha) Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saharsh Tradex Limited | ₹20,930 (FY 2020) | -29.0% | Howrah, West Bengal, India | |||
| SHL Securities (Alpha) Limitedthis company | ₹20,000 (FY 2018) | -₹2.5 Cr | 167.0% | Chennai, Tamil Nadu, India | ||
| Eastfort Mercantiles Limited | ₹20,000 (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Papilo Agency Limited | ₹20,000 (FY 2025) | 3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of SHL Securities (Alpha) Limited, buy the company report.
Auditor
SHL Securities (Alpha) Limited is audited by PRASAD & SRINATH for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD & SRINATH | FY 2018 | 005826S |
Shareholding
The shareholding of SHL Securities (Alpha) Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of SHL Securities (Alpha) Limited, buy the company report.
Legal cases
SHL Securities (Alpha) Limited has 1 court case on record: 1 filed by SHL Securities (Alpha). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Company petition | Filed by the company | Disposed |
To see the full case history of SHL Securities (Alpha) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SHL Securities (Alpha) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SHL Securities (Alpha) has 4 subsidiary companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sanmar Group International Limited | U24119TN2002PLC048677 | |
| Chemplast Sanmar Limited | U24230TN1985PLC011637 | |
| Sanmar Speciality Chemicals Limited | U24299TN1982PLC009443 | |
| Sanmar Holdings Limited | U65993TN1979PLC007711 |
To see the full group structure of SHL Securities (Alpha) Limited, buy the company report.
GST
No GST registration is on our record for SHL Securities (Alpha) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SHL Securities (Alpha) Limited has 17 board changes on record since 2011: 5 appointments and 12 cessations. The latest: Mahadevan Raman ceased to be Company Secretary on 15 Apr 2019.
8 earlier events are in the company report.
Frequently asked questions
SHL Securities (Alpha) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
SHL Securities (Alpha) was a public limited company based in Chennai, Tamil Nadu, India. The company worked in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 30 May 1990 and is registered under CIN U65991TN1990PLC019237. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
SHL Securities (Alpha) was incorporated on 30 May 1990. It is registered with the Registrar of Companies, Chennai.
SHL Securities (Alpha) had 5 directors and KMP:
- Pavatta Kubi Sundaresan Jayaraman - Director
- Lavanya Venkatesh - Director
- Sankaran Subbaiah - Director
- Kulathu Venkatasubramanian - Ceo
- Janardhanan Ramdas - Cfo
The CIN (Corporate Identification Number) of SHL Securities (Alpha) is U65991TN1990PLC019237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of SHL Securities (Alpha) is at 9 Cathedral Road, Chennai, Tamil Nadu, India – 600086.
The latest financial statements of SHL Securities (Alpha) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
SHL Securities (Alpha) operated in the business outsourcing industry, in the accounting and financial analysis segment.
The peers of SHL Securities (Alpha) by revenue are Saharsh Tradex Limited, Eastfort Mercantiles Limited, Papilo Agency Limited, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
SHL Securities (Alpha) has 1 court case on record: 1 filed by the company.
Mahadevan Raman ceased to be Company Secretary on 15 Apr 2019. Janardhanan Ramdas was appointed as CFO on 01 Apr 2018. Kulathu Venkatasubramanian was appointed as CEO on 01 Apr 2018. SHL Securities (Alpha) has 17 board changes on record in total.