About
Basic Data Updated:
16 days ago"Introducing South Asia LPG Company Private Limited - a leading player in the energy sector, with a strong focus on LPG storage and distribution. This dynamic company is a joint venture between Hindustan Petroleum Corporation Limited and Total Holding India, with a 50:50 partnership. With a stellar credit rating report, SALPG is known for its state-of-the-art underground cavern LPG storage facility in Vizag, which boasts a massive storage capacity of 60,000 MT. This facility, the largest of its kind in India and Southeast Asia, is responsible for the receipt, storage, and transfer of imported LPG. With a customer base that includes major players like Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Ltd (BPCL), SALPG is a trusted name in the industry. Founded in 1999, the company's registered office is located in Visakhapatnam, Andhra Pradesh. With a strong track record and a commitment to excellence, SALPG continues to make a significant impact in the energy sector."
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U11101AP1999PTC032851 |
| Company No. | 032851 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 16 Nov 1999 |
| Date of AGM | 27 Jun 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Vijayawada |
Products or Services related to South Asia Lpg Company Private Limited
Environment Protection Services
LPG Installation Services
Financials of South Asia Lpg Company Private Limited
South Asia Lpg Company Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.91% decrease. The company also saw a substantial fall in profitability, with a 14.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.76%.
Corporate Structure
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People in South Asia Lpg Company Private Limited
Unlock and access historical data on people associated with South Asia Lpg Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
NM
Naveen Makheja Managing DirectorAppointment Date: 10-May-2024
Status: Current
VV
Vikash Verma CFOAppointment Date: 10-May-2024
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Corporate Accounts Group Branch Creation Date: 11 Jun 2009 | ₹8.00 Cr | Satisfied |
State Bank Of India Creation Date: 15 Mar 2004 | ₹233.30 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
14 years 7 months 
Recent activity within the organization
Director Appointment
Naveen Makheja was appointed as a Managing Director was appointed as a Managing Director on 10 May 2024 & has been associated with this company since 22 days .
10 May 2024Director Appointment
Vikash Verma was appointed as a Cfo was appointed as a Cfo on 10 May 2024 & has been associated with this company since 22 days .
10 May 2024Director Appointment
Sujata Sunil Londhe was appointed as a Additional Director was appointed as a Additional Director on 29 Feb 2024 & has been associated with this company since 3 months 3 days .
29 Feb 2024Annual General Meeting
South Asia Lpg Company Private Limited last Annual general meeting of members was held on 27 Jun 2023 as per latest MCA records.
27 Jun 2023Balance Sheet
South Asia Lpg Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
31 Mar 2023
Frequently asked questions
What is the Incorporation or founding date of South Asia Lpg Company Private Limited?
