Saipem Drilling Company Private Limited - Company Profile

It is a automobile private limited company based in Chennai, Tamil Nadu, India, established in 1987.

1987 Chennai, Tamil Nadu, India Amalgamated

Last Updated: July 23, 2025

About Saipem Drilling Company Private Limited

Saipem Drilling Company Private Limited, a amalgamated private limited company, was established on 27 October 1987 in Chennai, Tamil Nadu, India. Engaging in capital goods within the support service to organizations sector, it holds CIN: U15142TN1987PTC111155. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹6.05 Cr and a paid-up capital of ₹5.03 Cr.

Its leadership includes Mauro Giovannetti (Director), Emanuele Nicoli (Additional Director), Cascella Marcello (Director). Past directors included Alessandro Bernini, Mauro Giovannetti, Passero Stefano Angelo Maria. It holds no open charges and ₹3.50 Cr settled loans. Its latest AGM occurred on 23 September 2016, with the balance sheet filed on 31 March 2016. It is based at No.4 , 4Th Lane, Off Nungambakkam High Road Nungambakkam, Chennai, Tamil Nadu, 600034.

Company Details

CIN/LLPIN
U15142TN1987PTC111155
Registration Number
111155
Incorporation Date
27 October 1987
Authorized Capital
₹6.05 Cr
Paid-Up Capital
₹5.03 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 6.05 Cr as on 23-07-2025
Paid Up Capital ₹ 5.03 Cr as on 23-07-2025
Company Age 38 Year, 4 Months
Last Filing with ROC 31 Mar 2016
Satisfied Charges ₹ 3.50 Cr as on 23-07-2025
Revenue Growth **** -41.25% (FY 2016)
Profit Growth **** -40.95% (FY 2016)
Ebitda **** -67.90% (FY 2016)
Net Worth 14.07% (FY 2016)
Total Assets **** 14.80% (FY 2016)

Comprehensive Company Insights

Explore comprehensive insights into Saipem Drilling Company Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Saipem Drilling Company Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mauro Giovannetti	Director	24 Sep 2014	Current
Emanuele Nicoli	Additional Director	03 Apr 2017	Current
Cascella Marcello	Director	23 Feb 2016	Current
Emilio Salandin	Director	01 Jun 2010	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	18 Nov 2009	Past
Pramod Abcsdd	Additional Director	29 Sep 2014	Past
Pramod Abcsdd	Director	06 Dec 2010	Past
Pramod Abcsdd	Director	14 Aug 2009	Past
Pramod Abcsdd	Director	03 Apr 2017	Past
Pramod Abcsdd	Director	21 Sep 2011	Past

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Financial Performance of Saipem Drilling Company.

Saipem Drilling Company Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 41.25% decrease. The company also saw a substantial fall in profitability, with a 40.95% decrease in profit. The company's net worth Soared by an impressive increase of 14.07%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-41.25%

*******

Revenue from Operations

*******

-62.85%

*******

Total Assets

*******

14.80%

*******

Profit or Loss

*******

-40.95%

*******

Net Worth

*******

14.07%

*******

EBITDA

*******

-67.90%

*******

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What is the Ownership and Shareholding Structure of Saipem Drilling Company?

In 2016, Saipem Drilling Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹35,000,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 3.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Dec 1998	State Bank Of India	₹3.50 Cr	Satisfied

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How Many Employees Work at Saipem Drilling Company?

Saipem Drilling Company has a workforce of 0 employees as of May 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Saipem Drilling Company, 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 Saipem Drilling Company's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Saipem Drilling Company

Recent Activity within the Organization

Director Appointment

Emanuele Nicoli was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2017 & has been associated with this company since 8 years 10 months . was recorded as a recent event.
03 Apr 2017
Annual General Meeting

Progress on Saipem Drilling Company Private Limited last Annual general meeting of members was held on 23 Sep 2016 as per latest MCA records. was documented.
23 Sep 2016
Balance Sheet

Progress on Saipem Drilling Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai. was documented.
31 Mar 2016
Director Appointment

The activity Cascella Marcello was appointed as a Director was appointed as a Director on 23 Feb 2016 & has been associated with this company since 10 years 6 days . was completed.
23 Feb 2016
Director Appointment

Progress on Mauro Giovannetti was appointed as a Director was appointed as a Director on 24 Sep 2014 & has been associated with this company since 11 years 5 months . was documented.
24 Sep 2014
Director Appointment

Emilio Salandin was appointed as a Director was appointed as a Director on 01 Jun 2010 & has been associated with this company since 15 years 8 months . was recorded as a recent event.
01 Jun 2010

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