About Severn Glocon India Private Limited
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Severn Glocon India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Severn Glocon Limited, U.K.. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 01 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31200TN2004PTC052642. Its GSTIN is 33AAHCS9495H1ZT (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹65.54 Lakh. It is led by directors including Bhupesh Chhajer and Tarkeshwar Prasad Chourasia.
Its last annual general meeting (AGM) was held on 22 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at F 96 & F 97 Sipcot Industrial Park Irungattukkottai, Chennai, Tamil Nadu, India – 602105.
As per the financials filed for FY 2021, the company reported a revenue of ₹281.46 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹19.09 Cr (net margin 6.8%) and EBITDA of ₹29.49 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹77.6 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website severnglocon.com.
Company details
Contact details
Severn Glocon India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is severnglocon.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressF 96 & F 97 Sipcot Industrial Park Irungattukkottai, Chennai, Tamil Nadu, India – 602105
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Severn Glocon India 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 Severn Glocon India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Severn Glocon India Private Limited, buy the company report.
Financials of Severn Glocon India Private Limited
FY 2021 filings availableSevern Glocon India Private Limited reported revenue of ₹281.46 Cr (down 15% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 49% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹281.46 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.09 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 | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Severn Glocon India Private Limited, buy the company report.
Board of directors of Severn Glocon India Private Limited
Severn Glocon India has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupesh Chhajer | Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Tarkeshwar Prasad Chourasia Also directs: Sis Prosegur Cash Logistics Private Limited, Sis Prosegur Holdings Private Limited, Rika Global Impex Limited and 5 more | Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Pukhraj Nahar | Additional Director | 23 Nov 2023 | 2 Years 11 Months | Current |
| Maurice Mortimer Critchley | Additional Director | 02 Dec 2022 | 3 Years 11 Months | Current |
Peer comparison
Severn Glocon India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Severn Glocon India Private Limitedthis company | ₹281.46 Cr (FY 2021) | ₹19.09 Cr | 6.8% | -15.0% | 1 | Chennai, Tamil Nadu, India |
| Flow Link Systems Private Limited | ₹239.53 Cr (FY 2025) | -12.0% | Coimbatore, Tamil Nadu, India | |||
| Wika Process Solutions India Private Limited | ₹239.09 Cr (FY 2025) | 34.0% | Palwal, Haryana, India | |||
| Sri Energy Valves Private Limited | ₹235.9 Cr (FY 2025) | -8.0% | Pudukkottai, Tamil Nadu, India |
To see the full peer comparison of Severn Glocon India Private Limited, buy the company report.
Auditor
Severn Glocon India Private Limited is audited by K N KRISHNAN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N KRISHNAN & ASSOCIATES | FY 2021 | 020966S |
Shareholding
The shareholding of Severn Glocon India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Severn Glocon India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2021 | 100486760 | Axis Bank Limited | ₹7.1 Cr | Satisfied | |
| 30 May 2016 | 100064190 | Axis Bank Limited | ₹12 Cr | Satisfied | |
| 16 Jul 2010 | 10234342 | State Bank of India | ₹26 Cr | Satisfied | |
| 25 Jan 2007 | 10039242 | Axis Bank Limited | ₹32.5 Cr | Satisfied |
To see the full charge records of Severn Glocon India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Severn Glocon India Private Limited has 5 court cases on record: 4 filed by Severn Glocon India, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S.United Labour Federation and 2 others | Pending |
| District court, Kancheepuram, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.United Labour Federation and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Government of Tamil Nadu and 2 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Government of Tamil Nadu and 2 others | Disposed |
To see the full case history of Severn Glocon India 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 Severn Glocon India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Severn Glocon India has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Severn Glocon Valves Private Limited | U31900TN2019PTC132897 |
To see the full group structure of Severn Glocon India Private Limited, buy the company report.
Employees & EPFO
Severn Glocon India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Severn Glocon India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCS9495H1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Severn Glocon India Private Limited, buy the company report.
Recent activity
Severn Glocon India Private Limited has 9 board changes on record since 2014: 4 appointments and 5 cessations. The latest: Pukhraj Nahar was appointed as Additional Director on 23 Nov 2023.
11 earlier events are in the company report.
Frequently asked questions
Severn Glocon India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 01 March 2004 (22+ years old) and is registered under CIN U31200TN2004PTC052642.
Severn Glocon India has 4 current directors:
- Bhupesh Chhajer - Director
- Tarkeshwar Prasad Chourasia - Director
- Pukhraj Nahar - Additional Director
- Maurice Mortimer Critchley - Additional Director
The latest financial statements of Severn Glocon India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 22 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Severn Glocon India is 33AAHCS9495H1ZT, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Severn Glocon India is U31200TN2004PTC052642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Severn Glocon India has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Severn Glocon India was incorporated on 01 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Severn Glocon India by revenue are Flow Link Systems Private Limited, Wika Process Solutions India Private Limited, Sri Energy Valves Private Limited, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Pukhraj Nahar was appointed as Additional Director on 23 Nov 2023. Vanchinathan Kalyanasundaram ceased to be Company Secretary on 05 Apr 2023. Maurice Mortimer Critchley was appointed as Additional Director on 02 Dec 2022. Severn Glocon India has 9 board changes on record in total.
Severn Glocon India can be reached through the website severnglocon.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Severn Glocon India is at F 96 & F 97 Sipcot Industrial Park Irungattukkottai, Chennai, Tamil Nadu, India – 602105.
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