Srurensi Developers Private Limited
About Srurensi Developers Private Limited
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Srurensi Developers Private Limited is a private limited company based in Jamkhandi, Karnataka, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 13 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21094KA2013PTC067843. Its GSTIN is 29AASCS6663C1ZT (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹59.87 Lakh. It is led by directors including Renuka Sanjeev Teli and Avubai Basappa Teli.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sy No 428 Jambagi Road, Jamkhandi, Karnataka, India – 587301.
As per the financials filed for FY 2023, the company reported a revenue of ₹82.64 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹21.25 Lakh (net margin -25.7%) and EBITDA of ₹22.25 Lakh (EBITDA margin 26.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹5.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Srurensi Developers Private Limited's registered office is in Jamkhandi, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSy No 428 Jambagi Road, Jamkhandi, Karnataka, India – 587301
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Srurensi Developers 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 Srurensi Developers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Srurensi Developers Private Limited, buy the company report.
Financials of Srurensi Developers Private Limited
FY 2023 filings availableSrurensi Developers Private Limited reported revenue of ₹82.64 Lakh (down 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 368% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹22.25 Lakh | ||||
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| Net Profit (PAT) | -₹21.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 26.9% | ||||
| Net Profit Margin | -25.7% | ||||
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To see the full financial statements and ratios of Srurensi Developers Private Limited, buy the company report.
Board of directors of Srurensi Developers Private Limited
Srurensi Developers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka Sanjeev Teli | Director | 13 Feb 2013 | 13 Years 9 Months | Current |
| Avubai Basappa Teli | Director | 13 Feb 2013 | 13 Years 9 Months | Current |
| Murigeppa Shrishail Teli | Director | 05 Mar 2018 | 8 Years 8 Months | Current |
| Nagappa Ishwarappa Devaravar | Director | 10 Feb 2015 | 11 Years 9 Months | Current |
| Sanjeev Basappa Teli | Director | 13 Feb 2013 | 13 Years 9 Months | Current |
Shareholding
The shareholding of Srurensi Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Srurensi Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2015 | 10561372 | Corporation Bank | ₹80 Lakh | Open | |
| 21 Mar 2014 | 10493706 | Corporation Bank | ₹4.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Srurensi Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Srurensi Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Srurensi Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCS6663C1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Srurensi Developers Private Limited, buy the company report.
Recent activity
Srurensi Developers Private Limited has 8 board changes on record since 2013: 5 appointments and 3 cessations. The latest: Murigeppa Shrishail Teli ceased to be Additional Director on 29 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Srurensi Developers is an active private limited company based in Jamkhandi, Karnataka, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 13 February 2013 (13+ years old) and is registered under CIN U21094KA2013PTC067843.
Srurensi Developers has 5 current directors:
- Renuka Sanjeev Teli - Director
- Avubai Basappa Teli - Director
- Murigeppa Shrishail Teli - Director
- Nagappa Ishwarappa Devaravar - Director
- Sanjeev Basappa Teli - Director
The latest financial statements of Srurensi Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Srurensi Developers is 29AASCS6663C1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Srurensi Developers is U21094KA2013PTC067843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srurensi Developers was incorporated on 13 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Murigeppa Shrishail Teli ceased to be Additional Director on 29 Sep 2018. Murigeppa Shrishail Teli was appointed as Director on 05 Mar 2018. Basavaraj Mahadevappa Patil ceased to be Additional Director on 30 Sep 2015. Srurensi Developers has 8 board changes on record in total.
The registered office of Srurensi Developers is at Sy No 428 Jambagi Road, Jamkhandi, Karnataka, India – 587301.
Srurensi Developers operates in the manufacturing industry, in the paper and packaging products segment.
Srurensi Developers has open charges of ₹5.3 Cr and no satisfied charges on record as per latest MCA filings.
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