Serendip Associates Private Limited
About Serendip Associates Private Limited
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Serendip Associates Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 21 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51506KA2002PTC030910. Its GSTIN is 29AAHCS2522F1ZG (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vimala Ramesh and Kalenahalli Ramesh Ravi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2018, the company reported a revenue of ₹33,017, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.82 Lakh and EBITDA of -₹3.77 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years.
As per MCA filings, the company has satisfied charges of ₹3.58 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Serendip Associates Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. G001 Ground Floor Svc Sriganda Apartment 15th Cross 2nd Main Road Annapoorneshw, Arinagar, Bangalore, Karnataka, India – 560091
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Serendip Associates 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 activity of Serendip Associates is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Serendip Associates Private Limited
FY 2018 filings availableSerendip Associates Private Limited reported revenue of ₹33,017 (up 173% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 173% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 89%. EBITDA rose 94% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹3.77 Lakh | |||
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| Net Profit (PAT) | -₹11.82 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Serendip Associates Private Limited, buy the company report.
Board of directors of Serendip Associates Private Limited
Serendip Associates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimala Ramesh Also directs: Serendip Eingineering Private Limited | Director | 21 Aug 2002 | 24 Years 2 Months | Current |
| Kalenahalli Ramesh Ravi Also directs: Serendip Eingineering Private Limited | Director | 21 Aug 2002 | 24 Years 2 Months | Current |
Shareholding
The shareholding of Serendip Associates Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Serendip Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2015 | 10568032 | Uco Bank | ₹50 Lakh | Satisfied | |
| 30 Mar 2004 | 80023503 | Uco Bank | ₹3.08 Cr | Satisfied |
To see the full charge records of Serendip Associates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Serendip Associates Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Vishwanath Electricals Pvt Ltd | Disposed |
To see the full case history of Serendip Associates 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 Serendip Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Serendip Associates Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Serendip Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS2522F1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Serendip Associates Private Limited, buy the company report.
Recent activity
Serendip Associates Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Kalenahalli Lakshmipathy Ramesh ceased to be Director on 23 Jun 2017.
Frequently asked questions
Serendip Associates is an active private limited company based in Bangalore, Karnataka, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 21 August 2002 (24+ years old) and is registered under CIN U51506KA2002PTC030910.
Serendip Associates has 2 current directors:
- Vimala Ramesh - Director
- Kalenahalli Ramesh Ravi - Director
The latest financial statements of Serendip Associates on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Serendip Associates is 29AAHCS2522F1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Serendip Associates is U51506KA2002PTC030910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Serendip Associates has 1 court case on record: 1 filed against it.
Serendip Associates was incorporated on 21 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Kalenahalli Lakshmipathy Ramesh ceased to be Director on 23 Jun 2017. Shashikumar Kalenahalli Ramesh ceased to be Director on 08 Oct 2012. Kalenahalli Ramesh Ravi was appointed as Director on 21 Aug 2002. Serendip Associates has 4 board changes on record in total.
The registered office of Serendip Associates is at No. G001 Ground Floor Svc Sriganda Apartment 15th Cross 2nd Main Road Annapoorneshw, Arinagar, Bangalore, Karnataka, India – 560091.
Serendip Associates operates in the aerospace, maritime and defense industry, in the defence accessories and components segment.
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