About Saloc Technologies Private Limited
Data last updated:
Saloc Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 23 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31100KA1996PTC020517. Its GSTIN is 29AACCS5176L1ZS (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.85 Lakh. It was formerly known as Scs Agencies Private Limited. It is led by directors Shivananda (Managing Director) and Veena Shivanand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 274/14 New Guddadahalli Mysore Road, Bangalore, Karnataka, India – 560026.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.87 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹89.79 Lakh (net margin 1.6%) and EBITDA of ₹3.16 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SALOC. As per MCA filings, the company has open charges of ₹14.63 Cr and satisfied charges of ₹11.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saloc.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 274/14 New Guddadahalli Mysore Road, Bangalore, Karnataka, India – 560026
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Saloc Technologies Private Limited
The main business activity of Saloc Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saloc Technologies Private Limited FY 2024 filings available
Saloc Technologies Private Limited reported revenue of ₹55.87 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saloc Technologies Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 20% 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 of Saloc Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹89.79 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 of Saloc Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saloc Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saloc Technologies Private Limited
Saloc Technologies Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers, Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elgi Electric and Industries Limited | ₹55.99 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Coimbatore, Tamil Nadu, India |
| Garg Services Motors Private Limited | ₹55.99 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Bergen Engines (India) Private Limited | ₹55.98 Cr (FY 2023) | •••• | •••• | -58.0% | •••• | New Delhi, Delhi, India |
| Valo Automotive Private Limited | ₹55.97 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Dhi Mobility Private Limited | ₹55.9 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Sanathal, Gujarat, India |
| Saloc Technologies Private Limited this company | ₹55.87 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Shreedhar Auto Sales and Service Private Limited | ₹55.86 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Navsari, Gujarat, India |
| Anandkand Paramount Products Private Limited | ₹55.79 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Faridabad, Haryana, India |
| Sundaram Mahadeo Autoworld Private Limited | ₹55.76 Cr (FY 2022) | •••• | •••• | -6.0% | •••• | Bihaguri, Assam, India |
| R.R. Tyreage Pvt. Ltd. | ₹55.73 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | M.P., Madhya Pradesh, India |
| Aditya Auto Mobile Spares Private Limited | ₹55.71 Cr (FY 2022) | •••• | •••• | -2.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Saloc Technologies by revenue in the Automobiles industry (Auto and Components Dealers, Industrial Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saloc Technologies Private Limited
Saloc Technologies Private Limited is audited by Shivaprakash J & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shivaprakash J & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saloc Technologies Private Limited
Saloc Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Shivanand | Director | 23 May 1996 | 30 Years 4 Months | Current |
| Shivananda | Managing Director | 23 May 1996 | 30 Years 4 Months | Current |
Ownership and Shareholding of Saloc Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saloc Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2022 | Axis Bank Limited | ₹1 Cr | Open |
| 03 Aug 2022 | Axis Bank Limited | ₹9.8 Cr | Open |
| 08 Aug 2019 | Others | ₹3.83 Cr | Open |
| 08 Jul 2020 | Others | ₹95 Lakh | Satisfied |
| 04 Apr 2018 | Karnataka Bank Ltd. | ₹8.9 Lakh | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Saloc Technologies Private Limited
Saloc Technologies Private Limited has a workforce of 5 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Saloc Technologies Private Limited
Saloc Technologies has one previous CIN (Corporate Identification Number): U85110KA1996PTC020517. The current CIN is U31100KA1996PTC020517, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100KA1996PTC020517 | Current |
| U85110KA1996PTC020517 | Previous |
Recent Activity on Saloc Technologies Private Limited
Saloc Technologies Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Siddappa Siddaiah ceased to be Director on 15 Oct 2010.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Saloc Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saloc Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saloc Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saloc Technologies Private Limited
Saloc Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS5176L1ZS | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saloc Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saloc Technologies Private Limited
Saloc Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 23 May 1996 (30+ years old) and is registered under CIN U31100KA1996PTC020517.
Saloc Technologies reported revenue of ₹55.87 Cr for FY 2025 (down 10% YoY).
Saloc Technologies has 2 current directors:
- Shivananda - Managing Director
- Veena Shivanand - Director
Saloc Technologies reported a net profit of ₹89.79 Lakh (net margin 1.6%) and EBITDA of ₹3.16 Cr (EBITDA margin 5.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saloc Technologies is 6% over three years and 12% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saloc Technologies is 29AACCS5176L1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Saloc Technologies is U31100KA1996PTC020517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saloc Technologies was incorporated on 23 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Saloc Technologies by revenue are Elgi Electric and Industries Limited, Garg Services Motors Private Limited, Bergen Engines (India) Private Limited, Valo Automotive Private Limited, Dhi Mobility Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers, Industrial Products Retail and Distribution).
Siddappa Siddaiah ceased to be Director on 15 Oct 2010. Shivananda was appointed as Managing Director on 23 May 1996. Veena Shivanand was appointed as Director on 23 May 1996.
Saloc Technologies can be reached through the website saloc.in. Its registered office is in Bangalore, Karnataka, India.