Saipem India Projects Private Limited Company Logo

Saipem India Projects Private Limited - Company Profile

It is a engineering private limited company based in Chennai, Tamil Nadu, India, established in 2001.

2001 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Saipem India Projects Private Limited

Saipem India Projects Private Limited, a active private limited company, was established on 28 March 2001 in Chennai, Tamil Nadu, India. Engaging in engineering within the professional, scientific and technical sector, it holds CIN: U28999TN2001PTC046866. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹56.00 Cr and a paid-up capital of ₹52.69 Cr.

Formerly known as Saipem India Project Services Limited, Saipem India Projects Limited. It upholds a compliant status. Employing 2,096 professional, Its leadership includes Edgar Van Stijn (Whole-Time Director), Stefano Villa (Managing Director), Claudia Stocco (Director). Past directors included Milind Vasant Rao Baride, Parthasarathy Ramaswamy, Mauro Giovannetti. It holds no open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Millenia Business Park,Phase Ii, Campus 3A , 143, Dr M.G.R Road, Kandhanchavadi, Peru, Ngudi,, Chennai, Tamil Nadu, 600096.

Company Details

  • CIN/LLPIN

    U28999TN2001PTC046866

  • Registration Number

    046866

  • Incorporation Date

    28 March 2001

  • Authorized Capital

    ₹56.00 Cr

  • Paid-Up Capital

    ₹52.69 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 56.00 Cr
  • Paid Up Capital ₹ 52.69 Cr
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -9.94%
  • Profit Growth -46.36%
  • Ebitda -37.33%
  • Net Worth 16.73%
  • Total Assets -13.09%
Company report

Saipem India Projects Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Saipem India Projects 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 India Projects Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Edgar Van StijnWhole-Time Director13 Oct 2023Current
Stefano VillaManaging Director08 Mar 2024Current
Claudia StoccoDirector17 Jun 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector28 Feb 2010Past
Pramod AbcsddWhole-Time Director10 Sep 2014Past
Pramod AbcsddDirector19 Mar 2019Past
Pramod AbcsddAdditional Director19 Mar 2019Past
Pramod AbcsddAdditional Director23 Sep 2019Past
Pramod AbcsddAdditional Director22 Sep 2008Past

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Financial Performance of Saipem India Projects.

Saipem India Projects Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.94% decrease. The company also saw a substantial fall in profitability, with a 46.36% decrease in profit. The company's net worth Soared by an impressive increase of 16.73%.

Saipem India Projects revenue growth over time
Saipem India Projects profit and loss trends over time
  • 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
-9.94%
Revenue from Operations
-12.57%
Total Assets
-13.09%
Profit or Loss
-46.36%
Net Worth
16.73%
EBITDA
-37.33%

What is the Ownership and Shareholding Structure of Saipem India Projects?

In 2023, Saipem India Projects 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 Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2002Canara Bank₹1.50 CrSatisfied

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How Many Employees Work at Saipem India Projects?

Saipem India Projects has a workforce of 2096 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 growth trends for Saipem India Projects Private Limited

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Saipem India Projects

Recent Activity within the Organization

  • Annual General Meeting

    Saipem India Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Claudia Stocco was appointed as a Director was appointed as a Director on 17 Jun 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Saipem India Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    The activity Stefano Villa was appointed as a Managing Director was appointed as a Managing Director on 08 Mar 2024 & has been associated with this company since 1 year 8 months . was completed.

  • Director Appointment

    The activity Edgar Van Stijn was appointed as a Whole-time director was appointed as a Whole-time director on 13 Oct 2023 & has been associated with this company since 2 years 1 month . was completed.

  • Director Appointment

    Kozhalmannam Parameswaran Ramaswamy was appointed as a Company Secretary was appointed as a Company Secretary on 07 Sep 2015 & has been associated with this company since 10 years 2 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Saipem India Projects Private Limited?

    The CIN of Saipem India Projects Private Limited is U28999TN2001PTC046866.

  • Where is Saipem India Projects Private Limited headquartered?

    Saipem India Projects Private Limited is headquartered at Millenia Business Park,Phase Ii, Campus 3A , 143, Dr M.G.R Road, Kandhanchavadi, Peru, Ngudi,, Chennai, Tamil Nadu, 600096.

  • When was Saipem India Projects Private Limited incorporated?

    Saipem India Projects Private Limited was incorporated on 28 March 2001.

  • Who are the current directors of Saipem India Projects Private Limited?

    The current directors of Saipem India Projects Private Limited are

  • What is the primary industry of Saipem India Projects Private Limited?

    The primary industry of Saipem India Projects Private Limited is Professional, Scientific And Technical.

  • Is Saipem India Projects Private Limited a listed company?

    Saipem India Projects Private Limited is unlisted.

  • What is the capital structure of Saipem India Projects Private Limited?

    The authorized capital of Saipem India Projects Private Limited is ₹56.00 Cr, and the paid-up capital is ₹52.69 Cr.

  • What is the compliance status of Saipem India Projects Private Limited?

    The compliance status of Saipem India Projects Private Limited is Compliant.

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