Saradambika Power Plant Private Limited
About Saradambika Power Plant Private Limited
Data last updated:
Saradambika Power Plant Private Limited is a private limited company based in Srikakulam, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 19 August 2004.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U40100AP2004PTC050048. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹18.1 Cr and a paid-up capital of ₹18.05 Cr. It is led by directors including Satya Srinivasa Boyina (Managing Director) and Charudutt Pandhrinath Marathe (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No.15 Radha Krishna Nagar Colony Near Konna Street Opp. Psnmh School, Srikakulam, Andhra Pradesh, India – 532001.
As per the financials filed for FY 2016, the company reported a revenue of ₹34.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.1 Cr (net margin -6%) and EBITDA of ₹7.17 Cr (EBITDA margin 20.6%).
As per MCA filings, the company has open charges of ₹22.23 Cr and satisfied charges of ₹44.11 Cr on record. Court records list 35 cases involving the company, including 7 filed by the company and 28 filed against it; 10 cases are pending.
Company details
Contact details
Saradambika Power Plant Private Limited's registered office is in Srikakulam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.15 Radha Krishna Nagar Colony Near Konna Street Opp. Psnmh School, Srikakulam, Andhra Pradesh, India – 532001
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Saradambika Power Plant 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
Business activity
The main business activities of Saradambika Power Plant are electricity, gas, steam and air condition supply and trade. In detail, this covers electric power generation, transmission and distribution and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Saradambika Power Plant Private Limited, buy the company report.
Financials of Saradambika Power Plant Private Limited
FY 2016 filings availableSaradambika Power Plant Private Limited reported revenue of ₹34.8 Cr (up 776% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 776% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹34.8 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹7.17 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.1 Cr | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 20.6% | |
| Net Profit Margin | -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 | ||
To see the full financial statements and ratios of Saradambika Power Plant Private Limited, buy the company report.
Board of directors of Saradambika Power Plant Private Limited
Saradambika Power Plant has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charudutt Pandhrinath Marathe | Irp/Rp/Liquidator | 11 Apr 2023 | 3 Years 6 Months | As last reported |
| Venkateswara Rao Vanapalli Also directs: Sri Kalyani Agro Products & Industries Limited | Director | 01 Sep 2005 | 21 Years 2 Months | As last reported |
| Govindharajulu Boyina Also directs: Varam Power Projects Private Limited | Director | 19 Aug 2004 | 22 Years 2 Months | As last reported |
| Pallaiah Vanapalli Also directs: Sri Kalyani Agro Products & Industries Limited | Director | 01 Sep 2005 | 21 Years 2 Months | As last reported |
| Saiswapna Boyina | Director | 01 Sep 2005 | 21 Years 2 Months | As last reported |
| Satya Srinivasa Boyina Also directs: Varam Power Projects Private Limited | Managing Director | 01 Sep 2005 | 21 Years 2 Months | As last reported |
Peer comparison
Saradambika Power Plant Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gemco Energy Limited | ₹37.64 Cr (FY 2025) | 83.0% | New Delhi, Delhi, India | |||
| Suryaa Chamball Power Limited | ₹37.15 Cr (FY 2025) | -16.0% | Kota, Rajasthan, India | |||
| Simbhaoli Power Private Limited | ₹36.26 Cr (FY 2025) | -12.0% | Simbhaoli, Uttar Pradesh, India | |||
| Jagannath Power and Infra Private Limited | ₹35.89 Cr (FY 2025) | -50.0% | Odisha, India | |||
| Saradambika Power Plant Private Limitedthis company | ₹34.8 Cr (FY 2016) | -₹2.1 Cr | -6% | 776.0% | Srikakulam, Andhra Pradesh, India |
To see the full peer comparison of Saradambika Power Plant Private Limited, buy the company report.
Auditor
Saradambika Power Plant Private Limited is audited by SOMAYAJULU & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOMAYAJULU & ASSOCIATES | FY 2016 | 010629S |
Shareholding
The shareholding of Saradambika Power Plant Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Saradambika Power Plant Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2006 | 10010989 | Indian Renewable Energy Development Agency Ltd | ₹22.23 Cr | Open | |
| 09 Feb 2017 | 100420408 | Others | ₹70 Lakh | Satisfied | |
| 01 Nov 2010 | 10250099 | Kotak Mahindra Bank Limited | ₹12.91 Lakh | Satisfied | |
| 21 Jul 2009 | 10175113 | Andhra Bank | ₹1 Cr | Satisfied | |
| 24 Sep 2007 | 10074246 | Others | ₹32.16 Cr | Satisfied |
To see the full charge records of Saradambika Power Plant Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Saradambika Power Plant Private Limited has 35 court cases on record: 7 filed by Saradambika Power Plant, 28 filed against it. 10 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 26 | 9 |
| High courts | 7 | 0 | 0 |
| NCLT | 2 | 2 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandrapur, Maharashtra | Civil suit | Filed against the company by Maharashtra State Electricity Distribution Co.Ltd. | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Mukund Roadlines Pvt Ltd Through Mukund Bhalchandra Desai | Pending |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against Indian Renewable Energy Development Agency Limited Ireda | Disposed |
| NCLT, Amravati | Insolvency matter | Filed against the company by Nitin Coal Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Mukund Roadlines Pvt.Ltd. | Disposed |
To see the full case history of Saradambika Power Plant 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.
Credit ratings & regulatory alerts
Saradambika Power Plant Private Limited was last rated by Crisil on 26 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Aug 2020 |
To see the full credit ratings and regulatory alerts of Saradambika Power Plant Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saradambika Power Plant Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saradambika Power Plant has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saradambika Power Plant Private Limited, buy the company report.
Recent activity
Saradambika Power Plant Private Limited has 11 board changes on record since 2004: 8 appointments and 3 cessations. The latest: Charudutt Pandhrinath Marathe was appointed as Irp/Rp/Liquidator on 11 Apr 2023.
15 earlier events are in the company report.
Frequently asked questions
Saradambika Power Plant is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Saradambika Power Plant is a company under liquidation, formerly operating as a private limited company based in Srikakulam, Andhra Pradesh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 19 August 2004 and is registered under CIN U40100AP2004PTC050048. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Saradambika Power Plant has 8 current directors:
- Satya Srinivasa Boyina - Managing Director
- Venkateswara Rao Vanapalli - Director
- Govindharajulu Boyina - Director
- Pallaiah Vanapalli - Director
- Saiswapna Boyina - Director
- Sarada Boyina - Director
- Narayana Vanapalli Rao - Director
- Charudutt Pandhrinath Marathe - Irp/Rp/Liquidator
The latest financial statements of Saradambika Power Plant on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saradambika Power Plant is U40100AP2004PTC050048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saradambika Power Plant has open charges of ₹22.23 Cr and satisfied charges of ₹44.11 Cr as per latest MCA filings.
Saradambika Power Plant has 35 court cases on record: 7 filed by the company and 28 filed against it. 10 are pending. Most are in the district courts.
Saradambika Power Plant was incorporated on 19 August 2004. It is registered with the Registrar of Companies, Vijayawada.
The peers of Saradambika Power Plant by revenue are Gemco Energy Limited, Suryaa Chamball Power Limited, Simbhaoli Power Private Limited, Jagannath Power and Infra Private Limited, all in the Cleantech industry (Biofuel and Biomass), with the same principal business activity (electric power generation, transmission and distribution).
Charudutt Pandhrinath Marathe was appointed as Irp/Rp/Liquidator on 11 Apr 2023. Rajagopaul Venkatasubramanian Iyer ceased to be Nominee Director on 26 Jul 2017. Govindharajulu Boyina ceased to be Managing Director on 28 Jun 2017. Saradambika Power Plant has 11 board changes on record in total.
The registered office of Saradambika Power Plant is at Plot No.15 Radha Krishna Nagar Colony Near Konna Street Opp. Psnmh School, Srikakulam, Andhra Pradesh, India – 532001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
