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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 2.02 Cr
  • Company Age 28 Year, 6 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Ramachandra Gowda Seekal Venkataswamy Gowda Additional Director 01 Jun 2022 Current
Saurabh Nagarjun Rao Director 29 Mar 2019 Current
Ratna Manjari Garlapati Director 21 Aug 1997 Current
Lakshmana Swamy Garlapati Managing Director 21 Aug 1997 Current
Ravindra Kovelamudi Additional Director 15 Feb 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 27 Sep 2019 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -97.89%
*******
*******
*******
*******
Profit or Loss
*******
 99.40%
*******
*******
*******
*******
Net Worth
*******
 -0.01%
*******
*******
*******
*******
EBITDA
*******
 99.84%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
30 Mar 2000 Lakshmi General Finance Ltd. ₹0.57 M Open
28 Oct 1999 Terra Pak India Ltd. ₹7.72 M Open
19 Apr 1999 Lakshmi General Finance Ltd. ₹0.58 M Open
31 Mar 1999 Lakshmi General Finance Ltd. ₹0.64 M Open
17 Jan 2001 Global Trust Bank Ltd. ₹3.50 Cr Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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

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.

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Latest Updates, News, and FAQs on Salute Beverages
Recent Activity within the Organization
  • Charges

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

  • 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 3 years 16 days . was documented.

  • Director Appointment

    Progress on 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 9 months . was documented.

  • Annual General Meeting

    The activity Salute Beverages Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Salute Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada. was completed.

  • Director Appointment

    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 11 months . was recorded as a recent event.

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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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