Sai Krishna Minerals Private Limited
About Sai Krishna Minerals Private Limited
Data last updated:
Sai Krishna Minerals Private Limited is a private limited company based in Hospet, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 03 December 2001.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26994KA2001PTC029832. Its GSTIN is 29AAICS2188L2ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sathyanarayanasingh Deepak Singh Bellary (Managing Director) and Bellary Satyanarayana Singh Praveensingh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at K.R. Road Ranipet Hospet, Karnataka, India – 583201.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.1 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹91.79 Lakh (net margin -83.7%) and EBITDA of ₹45.21 Lakh (EBITDA margin 41.2%).
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹14.91 Cr and satisfied charges of ₹53.15 Cr on record. Court records list 50 cases involving the company, including 4 filed by the company and 46 filed against it; 15 cases are pending.
Company details
Contact details
Sai Krishna Minerals Private Limited's registered office is in Hospet, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressK.R. Road Ranipet Hospet, Karnataka, India – 583201
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Sai Krishna Minerals Private 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 Sai Krishna Minerals is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Sai Krishna Minerals Private Limited, buy the company report.
Financials of Sai Krishna Minerals Private Limited
FY 2016 filings availableSai Krishna Minerals Private Limited reported revenue of ₹1.1 Cr (down 5% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year. EBITDA rose 327% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.1 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹45.21 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹91.79 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 41.2% | |
| Net Profit Margin | -83.7% | |
| 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 Sai Krishna Minerals Private Limited, buy the company report.
Board of directors of Sai Krishna Minerals Private Limited
Sai Krishna Minerals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathyanarayanasingh Deepak Singh Bellary Also directs: Hospet Foods Private Limited | Managing Director | 03 Dec 2001 | 24 Years 10 Months | As last reported |
| Murali Gonugunta Also directs: MSKM Insolvency and Resolution Services Private Limited | Irp/Rp/Liquidator | 15 Jul 2025 | 1 Years 3 Months | As last reported |
| Bellary Satyanarayana Singh Praveensingh Also directs: Hospet Foods Private Limited | Whole-Time Director | 03 Dec 2001 | 24 Years 10 Months | As last reported |
Shareholding
The shareholding of Sai Krishna Minerals Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sai Krishna Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2012 | 10358240 | Srei Equipment Finance Private Limited | ₹1.43 Cr | Open | |
| 18 May 2012 | 10358243 | Srei Equipment Finance Private Limited | ₹4.51 Cr | Open | |
| 05 Apr 2011 | 10282952 | Srei Equipment Finance Private Limited | ₹57.31 Lakh | Open | |
| 05 Apr 2011 | 10282955 | Srei Equipment Finance Private Limited | ₹3.02 Cr | Open | |
| 05 Apr 2011 | 10282950 | Srei Equipment Finance Private Limited | ₹90.69 Lakh | Open |
To see the full charge records of Sai Krishna Minerals Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Sai Krishna Minerals Private Limited has 50 court cases on record: 4 filed by Sai Krishna Minerals, 46 filed against it. 15 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 40 | 15 |
| High courts | 6 | 2 | 0 |
| NCLAT | 4 | 4 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Samruddhi Realty Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Disposed |
| High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S. Ilc Industries Limited | Disposed |
To see the full case history of Sai Krishna Minerals Private 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 Sai Krishna Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sai Krishna Minerals has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hospet Foods Private Limited | U15209KA1996PTC020365 | |
| Hospet Foods Private Limited | U15209KA1996PTC020365 |
To see the full group structure of Sai Krishna Minerals Private Limited, buy the company report.
GST
Sai Krishna Minerals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS2188L2ZN | Karnataka | Active | 05 Feb 2023 |
To see the full GST registrations and return filing status of Sai Krishna Minerals Private Limited, buy the company report.
Recent activity
Sai Krishna Minerals Private Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Murali Gonugunta was appointed as Irp/Rp/Liquidator on 15 Jul 2025.
28 earlier events are in the company report.
Frequently asked questions
Sai Krishna Minerals is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sai Krishna Minerals is a company under insolvency, formerly operating as a private limited company based in Hospet, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 03 December 2001 and is registered under CIN U26994KA2001PTC029832. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sai Krishna Minerals has 3 current directors:
- Sathyanarayanasingh Deepak Singh Bellary - Managing Director
- Bellary Satyanarayana Singh Praveensingh - Whole-Time Director
- Murali Gonugunta - Irp/Rp/Liquidator
The latest financial statements of Sai Krishna Minerals on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sai Krishna Minerals is U26994KA2001PTC029832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Krishna Minerals has open charges of ₹14.91 Cr and satisfied charges of ₹53.15 Cr as per latest MCA filings.
Sai Krishna Minerals has 50 court cases on record: 4 filed by the company and 46 filed against it. 15 are pending. Most are in the district courts.
Sai Krishna Minerals was incorporated on 03 December 2001. It is registered with the Registrar of Companies, Bangalore.
Murali Gonugunta was appointed as Irp/Rp/Liquidator on 15 Jul 2025. Bellary Satyanarayana Singh Praveensingh ceased to be Director on 27 Jun 2007. Bellary Satyanarayanasingh Dilipsingh ceased to be Director on 27 Jun 2007. Sai Krishna Minerals has 6 board changes on record in total.
The registered office of Sai Krishna Minerals is at K.R. Road Ranipet Hospet, Karnataka, India – 583201.