About S&S Industries and Enterprises Limited
Data last updated:
S&S Industries and Enterprises Limited is a public limited company based in Vellore, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 12 October 1990.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51103TN1990PLC019764. Its GSTIN is 33AAACS5108G2ZR (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.77 Cr. It is led by directors including Ramesh Srinivasan and Bhoopathi Kalingkelipai Varadharajan.
Its last annual general meeting (AGM) was held on 19 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Arcot Ladavaram Main Road Mangadu Arcot Taluk, Vellore, Tamil Nadu, India – 632503.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.4 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Cr and EBITDA of -₹85.88 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹112.42 Cr on record. Court records list 90 cases involving the company, including 39 filed by the company and 51 filed against it; 5 cases are pending.
The last known website on record is ssiel.co.in.
Company details
CIN history
S&S Industries and Enterprises has one previous CIN (Corporate Identification Number): L51103TN1990PLC019764. The current CIN is U51103TN1990PLC019764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51103TN1990PLC019764 | Current |
| L51103TN1990PLC019764 | Previous |
Contact details
S&S Industries and Enterprises Limited's registered office is in Vellore, Tamil Nadu. Its website is ssiel.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressArcot Ladavaram Main Road Mangadu Arcot Taluk, Vellore, Tamil Nadu, India – 632503
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of S&S Industries and Enterprises 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
Financials of S&S Industries and Enterprises Limited
FY 2019 filings availableS&S Industries and Enterprises Limited reported revenue of ₹2.4 Lakh (down 100% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years. 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 | ||||
| Other Income | ||||
| Total Revenue | ₹2.4 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹85.88 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.93 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 S&S Industries and Enterprises Limited, buy the company report.
Board of directors of S&S Industries and Enterprises Limited
S&S Industries and Enterprises has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Srinivasan Also directs: S&S Enviro Technologies Limited | Director | 10 Feb 2014 | 12 Years 8 Months | As last reported |
| Bhoopathi Kalingkelipai Varadharajan Also directs: S&S Enviro Technologies Limited | Director | 23 Mar 2017 | 9 Years 7 Months | As last reported |
| Rajeshwari Saravanan Also directs: S&S Enviro Technologies Limited, A.K.R. Finance Limited | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
Shareholding
The shareholding of S&S Industries and Enterprises 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 S&S Industries and Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 1998 | 90287523 | Rallan Securities | ₹39.26 Lakh | Open | |
| 13 May 1998 | 90287511 | Industrial Devlopment Bank of India | ₹5 Cr | Open | |
| 31 Dec 1997 | 90287497 | Oriental Bank of Commerc | ₹15.67 Cr | Open | |
| 27 Jun 1997 | 90287467 | Rallan Securities | ₹1.07 Cr | Open | |
| 09 Jun 1997 | 90290146 | Centurion Bank Ltd. | ₹2.06 Cr | Open |
To see the full charge records of S&S Industries and Enterprises Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
S&S Industries and Enterprises Limited has 90 court cases on record: 39 filed by S&S Industries and Enterprises, 51 filed against it. 5 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 59 | 28 | 5 |
| District courts | 24 | 21 | 0 |
| Supreme Court | 6 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by MCC Finance Ltd | Pending |
| NCLT, Chennai | Insolvency matter | Filed by the company against A.K.R.Finance Limited and 8 others | Disposed |
| Supreme Court | Court case (1431-Criminal Matters : Matters challenging prosecution under Negotiable Instruments Act) | Filed by the company against Swastik Oleochems Ltd. Company . | Disposed |
| Bombay High Court | Court case (CAF) | Filed by the company against Thermax Capital Limited | Disposed |
| High Court of Kerala | Court case (Crl.MC) | Filed by the company against I.C.A.Madras Private Limited and 1 other | Disposed |
To see the full case history of S&S Industries and Enterprises 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 S&S Industries and Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S&S Industries and Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACS5108G2ZR | Tamil Nadu | Active | 16 Jun 2020 |
To see the full GST registrations and return filing status of S&S Industries and Enterprises Limited, buy the company report.
Recent activity
S&S Industries and Enterprises Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Bhoopathi Kalingkelipai Varadharajan ceased to be Additional Director on 03 Aug 2017.
48 earlier events are in the company report.
Frequently asked questions
S&S Industries and Enterprises is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
S&S Industries and Enterprises is a company under liquidation, formerly operating as a public limited company based in Vellore, Tamil Nadu, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 12 October 1990 and is registered under CIN U51103TN1990PLC019764. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
S&S Industries and Enterprises has 3 current directors:
- Ramesh Srinivasan - Director
- Bhoopathi Kalingkelipai Varadharajan - Director
- Rajeshwari Saravanan - Director
The latest financial statements of S&S Industries and Enterprises on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 19 July 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of S&S Industries and Enterprises is U51103TN1990PLC019764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S&S Industries and Enterprises has open charges of ₹112.42 Cr and no satisfied charges on record as per latest MCA filings.
S&S Industries and Enterprises has 90 court cases on record: 39 filed by the company and 51 filed against it. 5 are pending. Most are in the high courts.
S&S Industries and Enterprises was incorporated on 12 October 1990. It is registered with the Registrar of Companies, Chennai.
Bhoopathi Kalingkelipai Varadharajan ceased to be Additional Director on 03 Aug 2017. Bhoopathi Kalingkelipai Varadharajan was appointed as Director on 23 Mar 2017. Subramanyam Venkatakrishnan ceased to be Director on 23 Mar 2017. S&S Industries and Enterprises has 10 board changes on record in total.
S&S Industries and Enterprises can be reached through the website ssiel.co.in. Its registered office is in Vellore, Tamil Nadu, India.
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