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Salute Beverages Private Limited - Company Profile

It is a food and beverages private limited company based in Guntur Dist, Andhra Pradesh, India, established in 1997.

1997 | Guntur Dist, Andhra Pradesh, India | Active
Last Updated:

About Salute Beverages Private Limited

Salute Beverages Private Limited, a active private limited company, was established on 21 August 1997 in Guntur Dist, Andhra Pradesh, India. Engaging in non-alcoholic beverage manufacturing & distribution within the food and beverages sector, it holds CIN: U15532AP1997PTC027793. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹13.00 Cr and a paid-up capital of ₹2.02 Cr.

It upholds a compliant status. Its leadership includes Ramachandra Gowda Seekal Venkataswamy Gowda (Additional Director), Saurabh Nagarjun Rao (Director), Ratna Manjari Garlapati (Director). Past directors included Saurabh Nagarjun Rao. It holds ₹9.52 M open charges and ₹12.14 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at S No 26/1 & 26/2 N H - 5Guntur-Madras Highway Edulapalem, Guntur Dist, Andhra Pradesh, 522019.

Company Details

  • CIN/LLPIN

    U15532AP1997PTC027793

  • Registration Number

    027793

  • Incorporation Date

    21 August 1997

  • Authorized Capital

    ₹13.00 Cr

  • Paid-Up Capital

    ₹2.02 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 2.02 Cr
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 9.52 M
  • Satisfied Charges ₹ 12.14 Cr
  • Revenue Growth %
  • Profit Growth 99.40%
  • Ebitda 99.84%
  • Net Worth -0.01%
  • Total Assets -97.89%
Company report

Salute Beverages Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Salute Beverages 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 Salute Beverages Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramachandra Gowda Seekal Venkataswamy GowdaAdditional Director01 Jun 2022Current
Saurabh Nagarjun RaoDirector29 Mar 2019Current
Ratna Manjari GarlapatiDirector21 Aug 1997Current
Lakshmana Swamy GarlapatiManaging Director21 Aug 1997Current
Ravindra KovelamudiAdditional Director15 Feb 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director27 Sep 2019Past

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Financial Performance of Salute Beverages.

Salute Beverages Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.4% increase in profit. The company's net worth dipped by a decrease of 0.01%.

Salute Beverages revenue growth over time
Salute Beverages 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
Revenue from Operations
Total Assets
-97.89%
Profit or Loss
99.40%
Net Worth
-0.01%
EBITDA
99.84%

What is the Ownership and Shareholding Structure of Salute Beverages?

In 2019, Salute Beverages 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

₹9,518,275.00

Satisfied Charges

₹121,400,000.00

Charges 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.₹0.57 MOpen
28 Oct 1999Terra Pak India Ltd.₹7.72 MOpen
19 Apr 1999Lakshmi General Finance Ltd.₹0.58 MOpen
31 Mar 1999Lakshmi General Finance Ltd.₹0.64 MOpen
17 Jan 2001Global Trust Bank Ltd.₹2.50 CrSatisfied

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How Many Employees Work at Salute Beverages?

Unlock and access historical data on people associated with Salute Beverages, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Salute Beverages Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salute Beverages, 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 Salute Beverages's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Salute Beverages

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 18 Jul 1998 via Charge ID 90121213 with Bank Of Baroda was fully satisfied on 27 Oct 2023. was completed.

  • Director Appointment

    Progress on Ravindra Kovelamudi was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2023 & has been associated with this company since 2 years 9 months . was documented.

  • Director Appointment

    The activity Ramachandra Gowda Seekal Venkataswamy Gowda was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2022 & has been associated with this company since 3 years 6 months . was completed.

  • Annual General Meeting

    Salute Beverages Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Salute Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada. was documented.

  • Director Appointment

    Progress on Saurabh Nagarjun Rao was appointed as a Director was appointed as a Director on 29 Mar 2019 & has been associated with this company since 6 years 8 months . was documented.

Frequently Asked Questions

  • What is the CIN of Salute Beverages Private Limited?

    The CIN of Salute Beverages Private Limited is U15532AP1997PTC027793.

  • Where is Salute Beverages Private Limited headquartered?

    Salute Beverages Private Limited is headquartered at S No 26/1 & 26/2 N H - 5Guntur-Madras Highway Edulapalem, Guntur Dist, Andhra Pradesh, 522019.

  • When was Salute Beverages Private Limited incorporated?

    Salute Beverages Private Limited was incorporated on 21 August 1997.

  • Who are the current directors of Salute Beverages Private Limited?

    The current directors of Salute Beverages Private Limited are

  • What is the primary industry of Salute Beverages Private Limited?

    The primary industry of Salute Beverages Private Limited is Food And Beverages.

  • Is Salute Beverages Private Limited a listed company?

    Salute Beverages Private Limited is unlisted.

  • What is the capital structure of Salute Beverages Private Limited?

    The authorized capital of Salute Beverages Private Limited is ₹13.00 Cr, and the paid-up capital is ₹2.02 Cr.

  • What is the compliance status of Salute Beverages Private Limited?

    The compliance status of Salute Beverages Private Limited is Compliant.

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