Salute Beverages Private Limited
About Salute Beverages Private Limited
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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 23 cases involving the company, including 18 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salute Beverages Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS No 26/1 & 26/2 N H – 5 Guntur – Madras Highway Edulapalem, Andhra Pradesh, India – 522019
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Salute Beverages Private Limited, buy the company report.
- 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
Financials of Salute Beverages Private Limited
FY 2021 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Salute Beverages Private Limited, buy the company report.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Gowda Seekal Venkataswamy Gowda Also directs: SKBR Infrastructures LLP, Tri Technospark Private Limited, Obi Interiors (India) Private Limited and 5 more | Additional Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Saurabh Nagarjun Rao Also directs: Costra Industries Limited | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Ratna Manjari Garlapati Also directs: Salute Water House Private Limited, Salute Travels Pvt.Ltd. | Director | 21 Aug 1997 | 29 Years 2 Months | Current |
| Lakshmana Swamy Garlapati Also directs: Salute Water House Private Limited, Salute Travels Pvt.Ltd. | Managing Director | 21 Aug 1997 | 29 Years 2 Months | Current |
| Ravindra Kovelamudi | Additional Director | 15 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Salute Beverages Private Limited is audited by M V R & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V R & ASSOCIATES | FY 2019 | 009387S |
Shareholding
The shareholding of Salute Beverages Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
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| Others |
To see the full shareholding pattern of Salute Beverages Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2000 | 90122884 | Lakshmi General Finance Ltd. | ₹5.75 Lakh | Open | |
| 28 Oct 1999 | 90121373 | Terra Pak India Ltd. | ₹77.21 Lakh | Open | |
| 19 Apr 1999 | 90122784 | Lakshmi General Finance Ltd. | ₹5.83 Lakh | Open | |
| 31 Mar 1999 | 90122781 | Lakshmi General Finance Ltd. | ₹6.41 Lakh | Open | |
| 17 Jan 2001 | 90119872 | Global Trust Bank Ltd. | ₹3.5 Cr | Satisfied |
To see the full charge records of Salute Beverages Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Salute Beverages Private Limited has 23 court cases on record: 18 filed by Salute Beverages, 5 filed against it. 3 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 5 | 3 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (OSA) | Filed by the company against Larsen & Toubro Limited, | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Tetra Pak India Pvt.Ltd. | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against The Asst. Provident Fund Commissioner, | Pending |
| High Court | Writ petition | Filed by the company against The State of Ap and 4 Others and 4 others | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Ap and 4 others | Pending |
To see the full case history of Salute Beverages Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salute Beverages Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salute Beverages has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCS2540P1Z0 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salute Beverages Private Limited, buy the company report.
Recent activity
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.
9 earlier events are in the company report.
Frequently asked questions
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:
- Lakshmana Swamy Garlapati - Managing Director
- Ramachandra Gowda Seekal Venkataswamy Gowda - Additional Director
- Saurabh Nagarjun Rao - Director
- Ratna Manjari Garlapati - Director
- Ravindra Kovelamudi - Additional Director
The latest financial statements of Salute Beverages 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 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 23 court cases on record: 18 filed by the company and 5 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 operates in the food and beverages industry, in the non-alcoholic beverage manufacturing and distribution segment.