- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0015270

About Siddhartha Heavy Equipment Private Limited
Data last updated:
Siddhartha Heavy Equipment Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 August 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U28112TG1983PTC004090. Its GSTIN is 36AADCS2119J1ZF (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹4.21 Lakh. It was formerly known as Siddhartha Heavy Equipment Limited. It is led by directors including Mahesh Tipirneni (Managing Director) and Surendra Babu Tipirneni.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No 8 – 3 – 318/11/12 Jaya Prakash Nagar Yellareddyguda, Hyderabad, Telangana, India – 500073.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.24 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹25.46 Lakh (net margin 3.5%) and EBITDA of ₹99.94 Lakh (EBITDA margin 13.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹12.18 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Siddhartha Heavy Equipment Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0015270). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shel.co.in.
Company details
CIN history
Siddhartha Heavy Equipment has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28112TG1983PTC004090, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28112TG1983PTC004090 | Current |
| U28112AP1983PLC004090 | Previous |
| U28112TG1983PLC004090 | Previous |
Recognitions & Rankings of Siddhartha Heavy Equipment
Contact details
Siddhartha Heavy Equipment Private Limited's registered office is in Hyderabad, Telangana. Its website is shel.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressH.No 8 – 3 – 318/11/12 Jaya Prakash Nagar Yellareddyguda, Hyderabad, Telangana, India – 500073
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Siddhartha Heavy Equipment 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 Siddhartha Heavy Equipment 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 Siddhartha Heavy Equipment Private Limited, buy the company report.
Financials of Siddhartha Heavy Equipment Private Limited
FY 2025 filings availableSiddhartha Heavy Equipment Private Limited reported revenue of ₹7.24 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 23% fall in the latest year. EBITDA fell 76% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹99.94 Lakh | ||||
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| Net Profit (PAT) | ₹25.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Siddhartha Heavy Equipment Private Limited, buy the company report.
Board of directors of Siddhartha Heavy Equipment Private Limited
Siddhartha Heavy Equipment has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Tipirneni | Managing Director | 01 Oct 2007 | 19 Years 1 Months | Current |
| Surendra Babu Tipirneni | Director | 25 Aug 1983 | 43 Years 2 Months | Current |
| Kommineni Lakshmaiah Naidu | Director | 31 Dec 1991 | 34 Years 10 Months | Current |
| Sita Tipirneni | Director | 25 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Siddhartha Heavy Equipment Private Limited is audited by NARVEN ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARVEN ASSOCIATES | FY 2021 | 005905S |
Shareholding
The shareholding of Siddhartha Heavy Equipment Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Siddhartha Heavy Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2025 | 101142888 | Uco Bank | ₹3.5 Cr | Open | |
| 03 Jul 2020 | 100396926 | Others | ₹5.24 Cr | Satisfied | |
| 20 Jan 1990 | 90124537 | State Bank of Hyderabad | ₹70,000 | Satisfied | |
| 21 Aug 1989 | 90119714 | Andhra Pradesh State Financial Corp. | ₹21.4 Lakh | Satisfied | |
| 16 Mar 1988 | 90119697 | Andhra Pradesh State Financial Corp. | ₹2.83 Lakh | Satisfied |
To see the full charge records of Siddhartha Heavy Equipment Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Siddhartha Heavy Equipment Private Limited has 2 court cases on record: 1 filed by Siddhartha Heavy Equipment, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Siddhartha Heavy Equipment 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 Siddhartha Heavy Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siddhartha Heavy Equipment has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCS2119J1ZF | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddhartha Heavy Equipment Private Limited, buy the company report.
Recent activity
Siddhartha Heavy Equipment Private Limited has 12 board changes on record since 1983: 4 appointments and 8 cessations. The latest: Srinivas Anne ceased to be Director on 06 May 2022.
25 earlier events are in the company report.
Frequently asked questions
Siddhartha Heavy Equipment is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 August 1983 (43+ years old) and is registered under CIN U28112TG1983PTC004090.
Siddhartha Heavy Equipment has 4 current directors:
- Mahesh Tipirneni - Managing Director
- Surendra Babu Tipirneni - Director
- Kommineni Lakshmaiah Naidu - Director
- Sita Tipirneni - Director
The latest financial statements of Siddhartha Heavy Equipment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Siddhartha Heavy Equipment is 36AADCS2119J1ZF, registered in Telangana. 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 Siddhartha Heavy Equipment is U28112TG1983PTC004090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhartha Heavy Equipment has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Siddhartha Heavy Equipment was incorporated on 25 August 1983, making it 43+ years old. It is registered with the Registrar of Companies, Hyderabad.
Srinivas Anne ceased to be Director on 06 May 2022. Ganne Venkataratnam ceased to be Director on 02 Mar 2021. Pradeep Kumar Sajja ceased to be Additional Director on 30 Sep 2019. Siddhartha Heavy Equipment has 12 board changes on record in total.
Yes, Siddhartha Heavy Equipment is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0015270).
Siddhartha Heavy Equipment can be reached through the website shel.co.in. Its registered office is in Hyderabad, Telangana, India.

