About Siet Transformers Private Limited
Data last updated:
Siet Transformers Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Brollo Siet Srl. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31102KA2007PTC042670. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.48 Cr. It was formerly known as Gargi - Ricci Technologies Private Limited. It is led by directors including Giorgio Brollo and Anudeep.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Sy No.52/2 Latha Estate Pavamana Nagar Near Bk Circle Jp Nagar 8th Phase, Bengaluru, Karnataka, India – 560078.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.19 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹91.56 Lakh (net margin -76.8%) and EBITDA of -₹69.78 Lakh (EBITDA margin -58.5%).
As per MCA filings, the company has satisfied charges of ₹66 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website siet-transformers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy No.52/2 Latha Estate Pavamana Nagar Near Bk Circle Jp Nagar 8th Phase, Bengaluru, Karnataka, India – 560078
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Siet Transformers Private Limited
The main business activity of Siet Transformers is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Siet Transformers Private Limited
Siet Transformers Private Limited is audited by PIYUSH MISRA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIYUSH MISRA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Siet Transformers Private Limited
Siet Transformers has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Giorgio Brollo | Director | 18 Mar 2014 | 12 Years 6 Months | Current |
| Anudeep | Director | 23 Mar 2017 | 9 Years 6 Months | Current |
| Roberto Cimmino | Director | 05 May 2014 | 12 Years 5 Months | Current |
Financials of Siet Transformers Private Limited FY 2017 filings available
Siet Transformers Private Limited reported revenue of ₹1.19 Cr (up 8% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Siet Transformers Private Limited
Revenue rose 8% in the latest year. EBITDA rose 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Siet Transformers Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹1.19 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹69.78 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹91.56 Lakh | •••• | •••• |
| 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 of Siet Transformers Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -58.5% | •••• | •••• |
| Net Profit Margin | -76.8% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Siet Transformers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Siet Transformers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Siet Transformers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2007 | State Bank of Mysore | ₹66 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Siet Transformers Private Limited
Employment history and EPFO contributions of people linked to Siet Transformers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Siet Transformers Private Limited
Siet Transformers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Siet Transformers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Siet Transformers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Siet Transformers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Siet Transformers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Siet Transformers Private Limited
Frequently Asked Questions about Siet Transformers Private Limited
Siet Transformers is an active private limited company based in Bengaluru, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 May 2007 (19+ years old) and is registered under CIN U31102KA2007PTC042670.
Siet Transformers reported revenue of ₹1.19 Cr for FY 2017 (up 8% YoY).
Siet Transformers has 3 current directors:
- Giorgio Brollo - Director
- Anudeep - Director
- Roberto Cimmino - Director
Siet Transformers reported a net loss of ₹91.56 Lakh (net margin -76.8%) and EBITDA of -₹69.78 Lakh (EBITDA margin -58.5%) for FY 2017, as per its filed financial statements.
No. Siet Transformers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Siet Transformers is U31102KA2007PTC042670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siet Transformers was incorporated on 01 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Siet Transformers can be reached through the website siet-transformers.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Siet Transformers is at Sy No.522 Latha Estate Pavamana Nagar Near Bk Circle Jp Nagar 8th Phase, Bengaluru, Karnataka, India – 560078.