Salute Beverages Private Limited

Salute Beverages Private Limited - food and beverages in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U15532AP1997PTC027793 Incorporated 21 August 1997 ROC Vijayawada HQ Guntur, Andhra Pradesh, India
Active Private Limited Company food and beverages
Data last updated
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹2.02 Cr
Issued & subscribed
Open charges
₹95.18 Lakh
Satisfied ₹12.14 Cr
Company age
29 yrs
Est. 1997
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2021
Balance sheet date
Last AGM
30 Nov 2021
Annual general meeting

About Salute Beverages Private Limited

Data last updated:

Salute Beverages Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 21 August 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15532AP1997PTC027793. Its GSTIN is 37AADCS2540P1Z0 (Andhra Pradesh).

The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹2.02 Cr. It is led by directors including Lakshmana Swamy Garlapati (Managing Director) and Saurabh Nagarjun Rao.

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 S No 26/1 & 26/2 N H – 5 Guntur – Madras Highway Edulapalem, Andhra Pradesh, India – 522019.

As per MCA filings, the company has open charges of ₹95.18 Lakh and satisfied charges of ₹12.14 Cr on record. Court records list 18 cases involving the company, including 14 filed by the company and 1 filed against it; 3 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Salute Beverages Private Limited
CIN U15532AP1997PTC027793
Registration Number 027793
Incorporation Date 21 August 1997
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    S No 26/1 & 26/2 N H – 5 Guntur – Madras Highway Edulapalem, Andhra Pradesh, India – 522019
  • Industry
    Food and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
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Financials, compliance, directors, charges, ownership and filings for Salute Beverages Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Salute Beverages Private Limited FY 2021 filings available

Financial Statement Summary of Salute Beverages Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)••••••••••••••••••••
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 Salute Beverages Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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••••••••••••••••••••

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 Salute Beverages are in the company report.

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Financial statements from 2015

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Board of Directors of Salute Beverages Private Limited

Salute Beverages has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramachandra Gowda Seekal Venkataswamy GowdaAdditional Director01 Jun 20224 Years 4 MonthsCurrent
Saurabh Nagarjun RaoDirector29 Mar 20197 Years 6 MonthsCurrent
Ratna Manjari GarlapatiDirector21 Aug 199729 Years 1 MonthsCurrent
Lakshmana Swamy GarlapatiManaging Director21 Aug 199729 Years 1 MonthsCurrent
Ravindra KovelamudiAdditional Director15 Feb 20233 Years 8 MonthsCurrent

Auditor Details of Salute Beverages Private Limited

Salute Beverages Private Limited is audited by M V R & ASSOCIATES for the financial year 2019.

NameStatusAppointment DateCessation Date
M V R & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Salute Beverages Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Salute Beverages Private Limited

Open charges
₹95.18 Lakh
Satisfied charges
₹12.14 Cr
Breakdown by lending institutions
Terra Pak India Ltd.₹0.77 Cr
Lakshmi General Finance Ltd.₹0.18 Cr
Latest charge details
DateLenderAmountStatus
30 Mar 2000Lakshmi General Finance Ltd.₹5.75 LakhOpen
28 Oct 1999Terra Pak India Ltd.₹77.21 LakhOpen
19 Apr 1999Lakshmi General Finance Ltd.₹5.83 LakhOpen
31 Mar 1999Lakshmi General Finance Ltd.₹6.41 LakhOpen
17 Jan 2001Global Trust Bank Ltd.₹3.5 CrSatisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Salute Beverages Private Limited

Employment history and EPFO contributions of people linked to Salute Beverages.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Salute Beverages Private Limited

Salute Beverages Private Limited has 6 board changes on record since 1997: 5 appointments and 1 cessation. The latest: Ravindra Kovelamudi was appointed as Additional Director on 15 Feb 2023.

Charges
A charge registered on 18 Jul 1998 via Charge ID 90121213 with Bank Of Baroda was fully satisfied on 27 Oct 2023.
Appointed
Ravindra Kovelamudi was appointed as Additional Director.
Appointed
Ramachandra Gowda Seekal Venkataswamy Gowda was appointed as Additional Director.
AGM
Salute Beverages Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Salute Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.
Ceased
Saurabh Nagarjun Rao ceased to be Additional Director.
Appointed
Saurabh Nagarjun Rao was appointed as Director.
Charges
A charge registered on 17 Jan 2001 via Charge ID 90119872 with Global Trust Bank Ltd. was fully satisfied on 14 Sep 2013.
Charges
A charge registered on 17 Jan 2001 via Charge ID 90121486 with Global Trust Bank Ltd. was fully satisfied on 14 Sep 2013.
Charges
A charge registered on 29 Dec 2000 via Charge ID 90121482 with Global Trust Bank Ltd. was fully satisfied on 14 Sep 2013.
Charges
A charge with Global Trust Bank Ltd. amounted to Rs. 3.50 Cr with Charge ID 90119872 was registered on 17 Jan 2001.
Charges
A charge with Global Trust Bank Ltd. amounted to Rs. 2.50 Cr with Charge ID 90121486 was registered on 17 Jan 2001.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Salute Beverages Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Salute Beverages Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Salute Beverages Private Limited

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Corporate group structure

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GST Compliance of Salute Beverages Private Limited

Salute Beverages has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AADCS2540P1Z0Andhra PradeshActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Salute Beverages Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Salute Beverages Private Limited

Salute Beverages is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 21 August 1997 (29+ years old) and is registered under CIN U15532AP1997PTC027793.

Salute Beverages has 5 current directors:

The GSTIN of Salute Beverages is 37AADCS2540P1Z0, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Salute Beverages is U15532AP1997PTC027793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Salute Beverages has 18 court cases on record: 14 filed by the company and 1 filed against it. 3 are pending.

Salute Beverages was incorporated on 21 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Vijayawada.

Ravindra Kovelamudi was appointed as Additional Director on 15 Feb 2023. Ramachandra Gowda Seekal Venkataswamy Gowda was appointed as Additional Director on 01 Jun 2022. Saurabh Nagarjun Rao ceased to be Additional Director on 27 Sep 2019. Salute Beverages has 6 board changes on record in total.

The registered office of Salute Beverages is at S No 261 & 262 N H – 5 Guntur – Madras Highway Edulapalem, Andhra Pradesh, India – 522019.

Salute Beverages has an authorised share capital of ₹13 Cr and a paid-up capital of ₹2.02 Cr.

Salute Beverages operates in the food and beverages industry, in the non-alcoholic beverage manufacturing and distribution segment.

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