SSPP Petro Products Private Limited
About SSPP Petro Products Private Limited
Data last updated:
SSPP Petro Products Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2019PTC121631. Its GSTIN is 29ABBCS6292D1Z5 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹18.98 Cr. It is led by directors including Srinivasa Toranala Babu (Managing Director) and Toranala Srinivasa Nalini.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.06 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹14.04 Cr (net margin -53.9%) and EBITDA of ₹58 Lakh (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 27% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹87.49 Cr and satisfied charges of ₹32.32 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 10 cases are pending.
Company details
Contact details
SSPP Petro Products Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.2/4 5th Main Road, 4th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of SSPP Petro Products 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 SSPP Petro Products is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SSPP Petro Products Private Limited, buy the company report.
Financials of SSPP Petro Products Private Limited
FY 2024 filings availableSSPP Petro Products Private Limited reported revenue of ₹26.06 Cr (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 80% fall in the latest year. EBITDA rose 109% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.04 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -53.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of SSPP Petro Products Private Limited, buy the company report.
Board of directors of SSPP Petro Products Private Limited
SSPP Petro Products has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Toranala Srinivasa Nalini | Director | 07 Nov 2025 | 0 Years 11 Months | Current |
| Srinivasa Toranala Babu | Managing Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Toranala Manish Srinivasa | Director | 04 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
SSPP Petro Products Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kokana Asia Ingredients Private Limited | ₹26.51 Cr (FY 2024) | 34.0% | Faridabad, Haryana, India | |||
| Santwani Brothers Private Limited | ₹26.46 Cr (FY 2025) | 52.0% | Kanpur, Uttar Pradesh, India | |||
| Nat Chem Traders Private Limited | ₹26.22 Cr (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| SSPP Petro Products Private Limitedthis company | ₹26.06 Cr (FY 2025) | -₹14.04 Cr | -53.9% | -80.0% | 7 | Bangalore, Karnataka, India |
| Arunova Private Limited | ₹25.72 Cr (FY 2025) | 97.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of SSPP Petro Products Private Limited, buy the company report.
Shareholding
The shareholding of SSPP Petro Products Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of SSPP Petro Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2024 | 100853667 | State Bank of India | ₹45 Cr | Open | |
| 03 Jan 2022 | 100525664 | Hdfc Bank Limited | ₹36.2 Cr | Open | |
| 20 Nov 2021 | 100515577 | Hdfc Bank Limited | ₹4.72 Cr | Open | |
| 30 Oct 2021 | 100524606 | Hdfc Bank Limited | ₹1.57 Cr | Open | |
| 18 Aug 2020 | 100426934 | State Bank of India | ₹4.82 Cr | Satisfied |
To see the full charge records of SSPP Petro Products Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
SSPP Petro Products Private Limited has 10 court cases on record: 2 filed by SSPP Petro Products, 8 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 10 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed against the company by M/S Nadella Agrotech Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Blue Jay Petro Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Ms Vevelon Petrochem Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Nadella Agrotech Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Anro Petrochem Ltd | Pending |
To see the full case history of SSPP Petro Products 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 SSPP Petro Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SSPP Petro Products Private Limited has a workforce of 7 employees on its EPFO records as of Apr 17, 2024, across 1 active EPFO establishment.
GST
SSPP Petro Products has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABBCS6292D1Z5 | Karnataka | Active | 08 Apr 2019 |
| 33ABBCS6292D1ZG | Tamil Nadu | Active | 22 Sep 2021 |
To see the full GST registrations and return filing status of SSPP Petro Products Private Limited, buy the company report.
Recent activity
SSPP Petro Products Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Toranala Srinivasa Nalini was appointed as Director on 07 Nov 2025.
6 earlier events are in the company report.
Frequently asked questions
SSPP Petro Products is an active private limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U51909KA2019PTC121631.
SSPP Petro Products has 3 current directors:
- Srinivasa Toranala Babu - Managing Director
- Toranala Srinivasa Nalini - Director
- Toranala Manish Srinivasa - Director
The latest financial statements of SSPP Petro Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of SSPP Petro Products is 29ABBCS6292D1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33ABBCS6292D1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of SSPP Petro Products is U51909KA2019PTC121631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SSPP Petro Products has 10 court cases on record: 2 filed by the company and 8 filed against it. 10 are pending.
SSPP Petro Products was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of SSPP Petro Products by revenue are Kokana Asia Ingredients Private Limited, Santwani Brothers Private Limited, Nat Chem Traders Private Limited, Arunova Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Toranala Srinivasa Nalini was appointed as Director on 07 Nov 2025. Toranala Manish Srinivasa was appointed as Director on 04 Nov 2025. Toranala Srinivasa Nalini ceased to be Director on 04 Nov 2025. SSPP Petro Products has 4 board changes on record in total.
The registered office of SSPP Petro Products is at No.24 5th Main Road, 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
SSPP Petro Products operates in the chemicals and materials industry, in the chemical distribution and retail segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
