Spac Starch Products (India) Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 38.97 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 357.25 Cr
- Satisfied Charges ₹ 275.74 Cr
- Revenue Growth 22.86%
- Profit Growth -14.80%
- Ebitda -11.99%
- Net Worth 21.98%
- Total Assets 25.69%
About Spac Starch Products (India)
Spac Starch Products (India) Private Limited (SSPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1996 and has a history of 28 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Spac Starch Products (India) Limited. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 38.97 Cr.
The company currently has active open charges totaling ₹357.25 Cr. The company has closed loans amounting to ₹275.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nachimuthu Ramalingam, Nachimuthu Tamilselvi, and Ramalingam Suriyakanth serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15325TN1996PTC141254
- Company No.
007238
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 May 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Food and Beverages
What products or services does Spac Starch Products (India) Private Limited offer?
Spac Starch Products (India) Private Limited offers a wide range of products and services, including Flavours & Aromatics, Starch Powder, Industrial Chemicals & Supplies, Thickening Agent.
Spac Starch Products (India) Private Limited
Explore comprehensive data for Spac Starch Products (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Spac Starch Products (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramalingam Suriyakanth  | Managing Director | 24-Nov-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nachimuthu Ramalingam | Director | 01-Nov-1996 | Current |
| Nachimuthu Tamilselvi | Director | 24-Nov-2017 | Current |
Financial Performance of Spac Starch Products (India).
Spac Starch Products (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.86% increase. The company also saw a substantial fall in profitability, with a 14.8% decrease in profit. The company's net worth Soared by an impressive increase of 21.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Spac Starch Products (India)?
In 2023, Spac Starch Products (India) had a promoter holding of 18.01% and a public holding of 81.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ramalingam Energy & Infra Private LimitedNachimuthu Ramalingam and Nachimuthu Tamilselvi are mutual person
- Rccl Expressway Private Limited
Nachimuthu Ramalingam, Nachimuthu Tamilselvi and 1 more are mutual person
Charges (Loans)
Open Charges
₹357.25 Cr
Satisfied Charges
₹275.74 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 203.00 Cr
- Axis Bank Limited : 150.25 Cr
- Indian Overseas Bank : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2023 | Axis Bank Limited | ₹50.00 Cr | Open |
| 22 Sep 2023 | Indian Overseas Bank | ₹4.00 Cr | Open |
| 26 Jun 2023 | Hdfc Bank Limited | ₹133.00 Cr | Open |
| 24 Feb 2022 | Axis Bank Limited | ₹20.00 Cr | Open |
| 06 Sep 2021 | Hdfc Bank Limited | ₹70.00 Cr | Open |
How Many Employees Work at Spac Starch Products (India)?
Spac Starch Products (India) has a workforce of 275 employees as of Jul 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Spac Starch Products (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Spac Starch Products (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Spac Starch Products (India)
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 133.00 Cr registered on 26 Jun 2023 with Charge ID 100735934 was modified on 20 Mar 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 06 Sep 2021 with Charge ID 100487028 was modified on 20 Mar 2024.
- Charges
A charge with Indian Overseas Bank of Rs. 4.00 Cr registered on 22 Sep 2023 with Charge ID 100797047 was modified on 15 Mar 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100819520 was registered on 20 Oct 2023.
- Annual General Meeting
Spac Starch Products (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 4.00 Cr with Charge ID 100797047 was registered on 22 Sep 2023.
Frequently asked questions
What is the Incorporation or founding date of Spac Starch Products (India) Private Limited?
Spac Starch Products (India) Private Limited was incorporated on 31 May 1996.
What is authorized share capital and paid-up capital of Spac Starch Products (India) Private Limited?
The authorized share capital of Spac Starch Products (India) Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 38.97 Cr.
Who are the current board members & directors of Spac Starch Products (India) Private Limited?
Currently 3 directors are associated with Spac Starch Products (India) Private Limited.
- Nachimuthu Ramalingam
- Nachimuthu Ramalingam Tamilselvi
- Ramalingam Suriyakanth
What is the registered address of Spac Starch Products (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Spac Starch Products (India) Private Limited is No.D4/2 Vijayaraghava Manor, Vijayaraghva Road Teynampet, Chennai, Tamil Nadu, India, 600018.
What is the corporate identification number (CIN) and company number of Spac Starch Products (India) Private Limited?
The corporate identification number (CIN) of Spac Starch Products (India) Private Limited is U15325TN1996PTC141254 and the company number is 007238 as per Ministry of Corporate Affairs (MCA).
What is the official website of Spac Starch Products (India) Private Limited?
The Official website of Spac Starch Products (India) Private Limited is https://www.spacgroup.com
What has been the recent revenue trend for Spac Starch Products (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Spac Starch Products (India) Private Limited has risen by 22.86%.
How many employees does Spac Starch Products (India) Private Limited currently have?
As Per 2023 financial reports, 275 employees are currently employed by Spac Starch Products (India) Private Limited.
What change has been observed in the net worth of Spac Starch Products (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Spac Starch Products (India) Private Limited has experienced an upsurge of 21.98%.
What are the total open charges for Spac Starch Products (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Spac Starch Products (India) Private Limited amount to ₹ 357.25 Cr.
When was the last Balance Sheet of Spac Starch Products (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Spac Starch Products (India) Private Limited was filed with the ROC on 31 Mar 2023.
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