MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0015341
Succinnova Technologies Private Limited - machinery and equipment in Doddaballapura, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹18.44 Cr
▲ 71% YoY
Net profit · FY 2023
₹42.16 Lakh
Net margin 2.3%
EBITDA · FY 2023
₹1.37 Cr
EBITDA margin 7.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹4.64 Lakh
Issued & subscribed
Open charges
₹4.21 Cr
Satisfied ₹93 Lakh
Company age
11 yrs
Est. 2015
Employees · EPFO
139
Provident fund records
About Succinnova Technologies Private Limited
Data last updated:
Succinnova Technologies Private Limited is a private limited company based in Doddaballapura, Karnataka, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 19 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC079361. Its GSTIN is 29AAVCS5815K1ZH (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹4.64 Lakh. It is led by directors including Badarinath and Saibannavar Ashokappa Siddalingappa.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 13 Doddabeleapur Integrated Textil Park, Doddaballapura, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.44 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹42.16 Lakh (net margin 2.3%) and EBITDA of ₹1.37 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 80% over five years.
The company has about 139 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Succinnova. As per MCA filings, the company has open charges of ₹4.21 Cr and satisfied charges of ₹93 Lakh on record.
Succinnova Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0015341). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website succinnova.com.
Company details
CIN U74900KA2015PTC079361
Registration Number 079361
Incorporation Date 19 March 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0015341
Key People
Badarinath Director Saibannavar Ashokappa Siddalingappa Director Mahesh Eshwar Satyammanavar Director Recognitions & Rankings of Succinnova Technologies
Contact details
Succinnova Technologies Private Limited's registered office is in Doddaballapura, Karnataka. Its website is succinnova.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 13 Doddabeleapur Integrated Textil Park Ltd. Sw – 51 Apparel Park Phase II KIADB Indust, Rial Area, Doddaballapura, Karnataka, India – 561203
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Succinnova Technologies Private Limited, buy the company report.
Comprehensive company report
Succinnova Technologies Private Limited - one report that includes everything
- 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
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Brands
Succinnova Technologies operates one associated brand: Succinnova. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Custom manufacturing and global supply chain services in India. | succinnova.com |
Financials of Succinnova Technologies Private Limited
FY 2024 filings availableSuccinnova Technologies Private Limited reported revenue of ₹18.44 Cr (up 71% YoY) for FY 2023.
Revenue · FY 2023
₹18.44 Cr ▲ 71%
Net profit · FY 2023
₹42.16 Lakh margin 2.3%
EBITDA · FY 2023
₹1.37 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 104%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 36%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 71% growth in the latest year. EBITDA fell 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.16 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Succinnova Technologies Private Limited, buy the company report.
Board of directors of Succinnova Technologies Private Limited
Succinnova Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Badarinath | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
| Saibannavar Ashokappa Siddalingappa | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
| Mahesh Eshwar Satyammanavar | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
| Shamacharya Joshi Vanita | Director | 19 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Succinnova Technologies Private Limited is audited by HARI KRISHNAT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARI KRISHNAT & ASSOCIATES | FY 2023 | 250557 |
Shareholding
The shareholding of Succinnova Technologies Private Limited is on record for 5 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 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Succinnova Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.21 Cr
Satisfied charges
₹93 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2025 | 101142968 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 13 Mar 2023 | 100725767 | Yes Bank Limited | ₹90.6 Lakh | Open | |
| 02 Nov 2022 | 100640727 | Sidbi | ₹2 Cr | Open | |
| 30 Aug 2021 | 100489847 | Others | ₹1.11 Cr | Open | |
| 13 Oct 2016 | 100064061 | State Bank of India | ₹93 Lakh | Satisfied |
To see the full charge records of Succinnova Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Succinnova Technologies 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 Succinnova Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Succinnova Technologies Private Limited has a workforce of 139 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
139
Active EPFO establishments
1
Employee growth
3.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 139 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Succinnova Technologies Private Limited, buy the company report.
GST
Succinnova Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS5815K1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Succinnova Technologies Private Limited, buy the company report.
Recent activity
Succinnova Technologies Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Shamacharya Joshi Vanita ceased to be Director on 18 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 101142968 was registered on 16 May 2025.
AGM
Succinnova Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Succinnova Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Yes Bank Limited amounted to Rs. 90.60 Lakh with Charge ID 100725767 was registered on 13 Mar 2023.
Charges
A charge with Sidbi amounted to Rs. 200.00 Lakh with Charge ID 100640727 was registered on 02 Nov 2022.
Ceased
Shamacharya Joshi Vanita ceased to be Director.
Appointed
Mahesh Eshwar Satyammanavar was appointed as Director.
Appointed
Saibannavar Ashokappa Siddalingappa was appointed as Director.
Charges
A charge registered on 13 Oct 2016 via Charge ID 100064061 with State Bank Of India was fully satisfied on 13 Dec 2021.
Charges
A charge with Others amounted to Rs. 110.50 Lakh with Charge ID 100489847 was registered on 30 Aug 2021.
Charges
A charge with State Bank Of India of Rs. 93.00 Lakh registered on 13 Oct 2016 with Charge ID 100064061 was modified on 25 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 93.00 Lakh with Charge ID 100064061 was registered on 13 Oct 2016.
4 earlier events are in the company report.
Frequently asked questions
Succinnova Technologies is an active private limited company based in Doddaballapura, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 19 March 2015 (11+ years old) and is registered under CIN U74900KA2015PTC079361.
Succinnova Technologies has 4 current directors:
- Badarinath - Director
- Saibannavar Ashokappa Siddalingappa - Director
- Mahesh Eshwar Satyammanavar - Director
- Shamacharya Joshi Vanita - Director
The latest financial statements of Succinnova Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Succinnova Technologies is 29AAVCS5815K1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Succinnova Technologies is U74900KA2015PTC079361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Succinnova Technologies was incorporated on 19 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Shamacharya Joshi Vanita ceased to be Director on 18 Feb 2022. Mahesh Eshwar Satyammanavar was appointed as Director on 04 Feb 2022. Saibannavar Ashokappa Siddalingappa was appointed as Director on 04 Feb 2022. Succinnova Technologies has 6 board changes on record in total.
Yes, Succinnova Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0015341).
Succinnova Technologies can be reached through the website succinnova.com. Its registered office is in Doddaballapura, Karnataka, India.
The registered office of Succinnova Technologies is at No. 13 Doddabeleapur Integrated Textil Park Ltd. Sw – 51 Apparel Park Phase II KIADB Indust, Rial Area, Doddaballapura, Karnataka, India – 561203.
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