Saikripa Insulations Private Limited

Saikripa Insulations Private Limited - packaging in Bgsouth, Karnataka, India. FY 2026 financials & compliance.
CIN U31300KA1979PTC003524 Incorporated 07 May 1979 ROC Bangalore HQ Bgsouth, Karnataka, India
Active Private Limited Company packaging MSME · Micro
Data last updated
Revenue · FY 2021
₹1.22 Cr
▼ 56% YoY
Net loss · FY 2021
₹2.7 Lakh
Net margin -2.2%
EBITDA · FY 2021
₹7.91 Lakh
EBITDA margin 6.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹1.04 Cr
Satisfied ₹11.77 Cr
Company age
47 yrs
Est. 1979
Directors on board
2
As per MCA filings

About Saikripa Insulations Private Limited

Data last updated:

Saikripa Insulations Private Limited is a private limited company based in Bgsouth, Karnataka, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 07 May 1979 and has been in existence for over 47 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31300KA1979PTC003524. Its GSTIN is 29AACCS0311B1Z2 (Karnataka).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Manohar Shivarama Shetty (Managing Director) and Premila Manohar Manohar Shetty.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bgsouth, Karnataka.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.22 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹2.7 Lakh (net margin -2.2%) and EBITDA of ₹7.91 Lakh (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 33% over five years.

As per MCA filings, the company has open charges of ₹1.04 Cr and satisfied charges of ₹11.77 Cr on record. Court records list 24 cases involving the company, including 1 filed by the company and 23 filed against it; 7 cases are pending.

Saikripa Insulations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0007383). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saikrupainsulations.com.

Company details

CIN U31300KA1979PTC003524
Registration Number 003524
Incorporation Date 07 May 1979
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0007383

CIN history

Saikripa Insulations has one previous CIN (Corporate Identification Number): U85110KA1979PTC003524. The current CIN is U31300KA1979PTC003524, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31300KA1979PTC003524Current
U85110KA1979PTC003524Previous
Key People
Manohar Shivarama Shetty Managing Director Premila Manohar Manohar Shetty Director

Recognitions & Rankings of Saikripa Insulations

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0007383

Contact details

Saikripa Insulations Private Limited's registered office is in Bgsouth, Karnataka. Its website is saikrupainsulations.com. Its e-mail address is in the company report.

  • Email
  • Website
    saikrupainsulations.com
  • Registered Address
    Shed No 1/B Survey No 9/2 9/20 9/21, Yerappa Industrial Estate Channenahalli, Bgsouth, Karnataka, India – 562130
  • Industry
    Packaging, Industrial Packaging Solutions

To see the full contact details of Saikripa Insulations Private Limited, buy the company report.

Comprehensive company report
Saikripa Insulations Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Saikripa Insulations is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Saikripa Insulations Private Limited, buy the company report.

Financials of Saikripa Insulations Private Limited

FY 2021 filings available

Saikripa Insulations Private Limited reported revenue of ₹1.22 Cr (down 56% YoY) for FY 2021.

Revenue · FY 2021
₹1.22 Cr ▼ 56%
Net loss · FY 2021
₹2.7 Lakh margin -2.2%
EBITDA · FY 2021
₹7.91 Lakh margin 6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 41%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 55%
5 years · compounded
▼ 40%

Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 56% fall in the latest year. EBITDA fell 87% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹1.22 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7.91 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.7 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin6.5%
Net Profit Margin-2.2%
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 Saikripa Insulations Private Limited, buy the company report.

Board of directors of Saikripa Insulations Private Limited

Saikripa Insulations has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Manohar Shivarama ShettyManaging Director25 Mar 200224 Years 7 MonthsCurrent
Premila Manohar Manohar ShettyDirector25 Mar 200224 Years 7 MonthsCurrent
View all directors

Auditor

Saikripa Insulations Private Limited is audited by SOGASANI & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SOGASANI & COFY 2021016578S

Shareholding

The shareholding of Saikripa Insulations Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Saikripa Insulations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.04 Cr
Satisfied charges
₹11.77 Cr
Breakdown by lending institutions
Indian Bank₹0.82 Cr
Edelweiss Retail Finance Limited₹0.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Nov 2016100065340Indian Bank₹81.6 LakhOpen
29 Jul 201510606648Edelweiss Retail Finance Limited₹22.5 LakhOpen
06 Oct 201510601584Yes Bank Limited₹3.8 CrSatisfied
29 Oct 201310460610Hdfc Bank Limited₹3.55 CrSatisfied
27 Dec 201010265386Ing Vysya Bank Limited₹2.37 CrSatisfied

To see the full charge records of Saikripa Insulations Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Saikripa Insulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Saikripa Insulations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCS0311B1Z2KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Saikripa Insulations Private Limited, buy the company report.

Recent activity

Saikripa Insulations Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Manohar Shivarama Shetty was appointed as Managing Director on 25 Mar 2002.

AGM
Saikripa Insulations Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Indian Bank of Rs. 81.60 Lakh registered on 02 Nov 2016 with Charge ID 100065340 was modified on 10 Nov 2021.
Filing
Saikripa Insulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
A charge registered on 06 Oct 2015 via Charge ID 10601584 with Yes Bank Limited was fully satisfied on 30 Jan 2017.
Charges
A charge with Indian Bank amounted to Rs. 81.60 Lakh with Charge ID 100065340 was registered on 02 Nov 2016.
Charges
A charge registered on 29 Oct 2013 via Charge ID 10460610 with Hdfc Bank Limited was fully satisfied on 05 Feb 2016.
Charges
A charge with Yes Bank Limited amounted to Rs. 380.00 Lakh with Charge ID 10601584 was registered on 06 Oct 2015.
Charges
A charge with Edelweiss Retail Finance Limited amounted to Rs. 22.50 Lakh with Charge ID 10606648 was registered on 29 Jul 2015.
Charges
A charge with Hdfc Bank Limited of Rs. 355.00 Lakh registered on 29 Oct 2013 with Charge ID 10460610 was modified on 05 Dec 2014.
Charges
A charge registered on 27 Dec 2010 via Charge ID 10265386 with Ing Vysya Bank Limited was fully satisfied on 06 Dec 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 355.00 Lakh with Charge ID 10460610 was registered on 29 Oct 2013.
Charges
A charge with Ing Vysya Bank Limited of Rs. 237.00 Lakh registered on 27 Dec 2010 with Charge ID 10265386 was modified on 08 Mar 2012.

7 earlier events are in the company report.

Frequently asked questions

Saikripa Insulations is an active private limited company based in Bgsouth, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 07 May 1979 (47+ years old) and is registered under CIN U31300KA1979PTC003524.

Saikripa Insulations has 2 current directors:

The latest financial statements of Saikripa Insulations on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Saikripa Insulations is 29AACCS0311B1Z2, registered in Karnataka.

The CIN (Corporate Identification Number) of Saikripa Insulations is U31300KA1979PTC003524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saikripa Insulations has 24 court cases on record: 1 filed by the company and 23 filed against it. 7 are pending. Most are in the district courts.

Saikripa Insulations was incorporated on 07 May 1979, making it 47+ years old. It is registered with the Registrar of Companies, Bangalore.

Manohar Shivarama Shetty was appointed as Managing Director on 25 Mar 2002. Premila Manohar Manohar Shetty was appointed as Director on 25 Mar 2002.

Yes, Saikripa Insulations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0007383).

Saikripa Insulations can be reached through the website saikrupainsulations.com. Its registered office is in Bgsouth, Karnataka, India.