About Shriram Sepl Composites Private Limited
Data last updated:
Shriram Sepl Composites Private Limited is a private limited company based in Chennai, Tamil Nadu, 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 pipe and tubes segment of the manufacturing sector. It was incorporated on 13 December 2007.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25200TN2007PTC065726. Its GSTIN is 33AALCS8044E1ZC (Tamil Nadu). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹68 Cr and a paid-up capital of ₹68 Cr. It is led by directors including Ashok Kumar Banupriyadharsini and Piramanayagam Vasanthapriya.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 31 – A/12 SIDCO Industrial Estate North Phase Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.61 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹5.54 Cr (net margin -57.6%) and EBITDA of -₹2.81 Cr (EBITDA margin -29.3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The company has about 66 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Cr; the latest was in September 2015.
The last known website on record is shriramsepl.in.
Company details
Contact details
Shriram Sepl Composites Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shriramsepl.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address31 – A/12 SIDCO Industrial Estate North Phase Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Shriram Sepl Composites 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 Shriram Sepl Composites 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 |
To see the full business activity and turnover split of Shriram Sepl Composites Private Limited, buy the company report.
Financials of Shriram Sepl Composites Private Limited
FY 2018 filings availableShriram Sepl Composites Private Limited reported revenue of ₹9.61 Cr (down 53% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 53% fall in the latest year. EBITDA fell 77% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹9.61 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.81 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.54 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -29.3% | |||
| Net Profit Margin | -57.6% | |||
| 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 Shriram Sepl Composites Private Limited, buy the company report.
Board of directors of Shriram Sepl Composites Private Limited
Shriram Sepl Composites has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramabadhran | Additional Director | 01 Oct 2019 | 7 Years 1 Months | As last reported |
| Ashok Kumar Banupriyadharsini | Director | 12 Jul 2024 | 2 Years 3 Months | As last reported |
| Piramanayagam Vasanthapriya | Director | 12 Jul 2024 | 2 Years 3 Months | As last reported |
| Kalatil Ullatil Sivadas Also directs: Haldia Coke and Chemicals Private Limited, Mahala Coke Products Private Limited, Wellman Coke India Limited and 5 more | Director | 07 Dec 2016 | 9 Years 10 Months | As last reported |
Auditor
Shriram Sepl Composites Private Limited is audited by C RAMESH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C RAMESH & CO | FY 2018 | 005235S |
Shareholding
The shareholding of Shriram Sepl Composites Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shriram Sepl Composites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2011 | 10292075 | Oriental Bank of Commerce | ₹18 Cr | Open | |
| 05 Nov 2008 | 10134679 | Citibank N.A | ₹4.5 Cr | Satisfied |
To see the full charge records of Shriram Sepl Composites Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Shriram Sepl Composites Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Cr; the latest was in September 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Others Shriram SEPL Composites Private Limited Seller: 4 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: SVL Limited , Frontline Strategy, an individual Seller: Strategic Engineering Private Limited , Shriram Auto Finance, Others Shriram SEPL Composites Private Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Others Shriram SEPL Composites Private Limited, 3 individuals Seller: Sepc Limited , Strategic Engineering Private Limited |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Frontline Strategy Seller: Strategic Engineering Private Limited |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: Shriram Auto Finance Seller: 2 individuals |
To see the full deal history of Shriram Sepl Composites Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shriram Sepl Composites Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Shriram Sepl Composites 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
Shriram Sepl Composites Private Limited was last rated by Icra on 26 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Jul 2021 |
To see the full credit ratings and regulatory alerts of Shriram Sepl Composites Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shriram Sepl Composites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shriram Sepl Composites has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shriram Composites Private Limited | U28900TN2008PTC068103 |
To see the full group structure of Shriram Sepl Composites Private Limited, buy the company report.
Employees & EPFO
Shriram Sepl Composites Private Limited has a workforce of 66 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Shriram Sepl Composites has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS8044E1ZC | Tamil Nadu | Active | 01 Jul 2017 |
| 27AALCS8044E1Z5 | Maharashtra | Active | 26 Nov 2018 |
To see the full GST registrations and return filing status of Shriram Sepl Composites Private Limited, buy the company report.
Recent activity
Shriram Sepl Composites Private Limited has 18 board changes on record since 2008: 4 appointments and 14 cessations. The latest: Ashok Kumar Banupriyadharsini was appointed as Director on 12 Jul 2024.
12 earlier events are in the company report.
Frequently asked questions
Shriram Sepl Composites 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.
Shriram Sepl Composites is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 13 December 2007 and is registered under CIN U25200TN2007PTC065726. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shriram Sepl Composites has 4 current directors:
- Ramabadhran - Additional Director
- Ashok Kumar Banupriyadharsini - Director
- Piramanayagam Vasanthapriya - Director
- Kalatil Ullatil Sivadas - Director
The latest financial statements of Shriram Sepl Composites on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shriram Sepl Composites is U25200TN2007PTC065726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriram Sepl Composites has open charges of ₹18 Cr and satisfied charges of ₹4.5 Cr as per latest MCA filings.
Shriram Sepl Composites has 2 court cases on record: 2 filed against it. Most are in the district courts.
Shriram Sepl Composites was incorporated on 13 December 2007. It is registered with the Registrar of Companies, Chennai.
Shriram Sepl Composites has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Cr; the latest was in September 2015.
Ashok Kumar Banupriyadharsini was appointed as Director on 12 Jul 2024. Piramanayagam Vasanthapriya was appointed as Director on 12 Jul 2024. Ramabadhran ceased to be Additional Director on 04 Jan 2020. Shriram Sepl Composites has 18 board changes on record in total.
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