MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0002234
Suma Springs Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹120.48 Cr
▲ 9% YoY
Net profit · FY 2024
₹3.17 Cr
Net margin 2.6%
EBITDA · FY 2024
₹6.73 Cr
EBITDA margin 5.6%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹31.53 Lakh
Issued & subscribed
Open charges
₹17.05 Cr
Satisfied ₹6.9 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
59
Provident fund records
About Suma Springs Private Limited
Data last updated:
Suma Springs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 08 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29246KA1992PTC012699. Its GSTIN is 29AABCS9817P1ZH (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹31.53 Lakh. It is led by directors including Satish Hari Babu (Managing Director) and Sumitra Hari (Whole-Time Director).
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 Plot No: 224 – B Bommasandra Industrial Area Bommasandra, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2024, the company reported a revenue of ₹120.48 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.17 Cr (net margin 2.6%) and EBITDA of ₹6.73 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
The company has about 59 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹17.05 Cr and satisfied charges of ₹6.9 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.3 Lakh; the latest was in February 2009. Its 6 peer companies in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Nidec India Precision Tools Limited with revenue of ₹125.14 Cr.
Suma Springs Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002234). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumasprings.com.
Company details
CIN U29246KA1992PTC012699
Registration Number 012699
Incorporation Date 08 January 1992
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0002234
CIN history
Suma Springs has one previous CIN (Corporate Identification Number): U00291KA1992PTC012699. The current CIN is U29246KA1992PTC012699, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29246KA1992PTC012699 | Current |
| U00291KA1992PTC012699 | Previous |
Key People
Satish Hari Babu Managing Director Sumitra Hari Whole-Time Director Hari Prashanth Whole-Time Director Recognitions & Rankings of Suma Springs
Contact details
Suma Springs Private Limited's registered office is in Bangalore, Karnataka. Its website is sumasprings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No: 224 – B Bommasandra Industrial Area Bommasandra, Bangalore, Karnataka, India – 560099
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Suma Springs Private Limited, buy the company report.
Comprehensive company report
Suma Springs 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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Business activity
The main business activity of Suma Springs is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Suma Springs Private Limited, buy the company report.
Financials of Suma Springs Private Limited
FY 2024 filings availableSuma Springs Private Limited reported revenue of ₹120.48 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹120.48 Cr ▲ 9%
Net profit · FY 2024
₹3.17 Cr margin 2.6%
EBITDA · FY 2024
₹6.73 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 18%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 19%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 9% growth in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.17 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Suma Springs Private Limited, buy the company report.
Board of directors of Suma Springs Private Limited
Suma Springs has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumitra Hari | Whole-Time Director | 03 Feb 1992 | 34 Years 8 Months | Current |
| Hari Prashanth | Whole-Time Director | 01 Nov 2005 | 21 Years 0 Months | Current |
| Satish Hari Babu Also directs: Nats Engineering LLP, Masselin Suma Springs India Private Limited, Sunland Housing Private Limited and 1 more | Managing Director | 28 Jul 2000 | 26 Years 3 Months | Current |
Peer comparison
Suma Springs Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nidec India Precision Tools Limited | ₹125.14 Cr (FY 2025) | 1.0% | Ranipet, Tamil Nadu, India | |||
| Goldy Precision Technologies Private Limited | ₹124.55 Cr (FY 2025) | 6.0% | Nashik, Maharashtra, India | |||
| Ashwani Metals Private Limited | ₹124.37 Cr (FY 2025) | 19.0% | Jamnagar, Gujarat, India | |||
| Kisaan Die Tech Private Limited | ₹122.45 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Suma Springs Private Limitedthis company | ₹120.48 Cr (FY 2024) | ₹3.17 Cr | 2.6% | 9.0% | 59 | Bangalore, Karnataka, India |
| R G Bronze Mfg Company Private Limited | ₹119.19 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Profive Engineering Private Limited | ₹117.3 Cr (FY 2025) | 12.0% | Pune, Maharashtra, India |
To see the full peer comparison of Suma Springs Private Limited, buy the company report.
Auditor
Suma Springs Private Limited is audited by MURALI & VENKAT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALI & VENKAT | FY 2022 | 002162S |
Shareholding
The shareholding of Suma Springs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suma Springs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.05 Cr
Satisfied charges
₹6.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101101191 | Axis Bank Limited | ₹76 Lakh | Open | |
| 05 Sep 2024 | 100978595 | Others | ₹22.27 Lakh | Open | |
| 09 Feb 2022 | 100542363 | Others | ₹1.1 Cr | Open | |
| 12 Mar 2019 | 100250155 | Others | ₹14.45 Lakh | Open | |
| 01 Sep 2017 | 100124704 | Others | ₹13 Lakh | Open |
To see the full charge records of Suma Springs Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Suma Springs Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.3 Lakh; the latest was in February 2009.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹20.3 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2009 | Funding round | ₹20.3 Lakh | Investors: 3 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suma Springs Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed against the company by Ms T S Logistics Pvt. Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Suma Springs 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 Suma Springs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Suma Springs has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Masselin Suma Springs India Private Limited | U28113KA2012PTC065137 |
To see the full group structure of Suma Springs Private Limited, buy the company report.
Employees & EPFO
Suma Springs Private Limited has a workforce of 59 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
59
Active EPFO establishments
1
Employee growth
5.36%
GST
Suma Springs has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS9817P1ZH | Karnataka | Active | 01 Jul 2017 |
| 34AABCS9817P1ZQ | Puducherry | Active | 01 Jul 2017 |
| 24AABCS9817P1ZR | Gujarat | Active | 30 Jan 2018 |
| 06AABCS9817P1ZP | Haryana | Active | 02 Feb 2018 |
To see the full GST registrations and return filing status of Suma Springs Private Limited, buy the company report.
Recent activity
Suma Springs Private Limited has 3 board changes on record since 1992: 3 appointments. The latest: Hari Prashanth was appointed as Whole-Time Director on 01 Nov 2005.
Charges
A charge with Others of Rs. 1,459.16 Lakh registered on 24 Dec 2014 with Charge ID 10562425 was modified on 24 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 76.00 Lakh with Charge ID 101101191 was registered on 28 Feb 2025.
AGM
Suma Springs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 22.27 Lakh with Charge ID 100978595 was registered on 05 Sep 2024.
Filing
Suma Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 110.00 Lakh with Charge ID 100542363 was registered on 09 Feb 2022.
Charges
A charge with Others amounted to Rs. 14.45 Lakh with Charge ID 100250155 was registered on 12 Mar 2019.
Charges
A charge with Others amounted to Rs. 13.00 Lakh with Charge ID 100124704 was registered on 01 Sep 2017.
Charges
A charge registered on 08 Dec 2009 via Charge ID 10194620 with State Bank Of Mysore was fully satisfied on 23 Jun 2015.
Charges
A charge registered on 28 Mar 2002 via Charge ID 80016052 with State Bank Of Mysore was fully satisfied on 24 Mar 2015.
Charges
A charge with Others amounted to Rs. 1,459.16 Lakh with Charge ID 10562425 was registered on 24 Dec 2014.
Charges
A charge with State Bank Of Mysore of Rs. 550.00 Lakh registered on 28 Mar 2002 with Charge ID 80016052 was modified on 08 Jan 2014.
7 earlier events are in the company report.
Frequently asked questions
Suma Springs is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 08 January 1992 (34+ years old) and is registered under CIN U29246KA1992PTC012699.
Suma Springs has 3 current directors:
- Satish Hari Babu - Managing Director
- Sumitra Hari - Whole-Time Director
- Hari Prashanth - Whole-Time Director
The latest financial statements of Suma Springs 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 2015 are in the company report.
The GSTIN of Suma Springs is 29AABCS9817P1ZH, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 34AABCS9817P1ZQ (Puducherry), 24AABCS9817P1ZR (Gujarat), 06AABCS9817P1ZP (Haryana).
The CIN (Corporate Identification Number) of Suma Springs is U29246KA1992PTC012699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suma Springs has 2 court cases on record: 2 filed against it.
Suma Springs was incorporated on 08 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Suma Springs has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.3 Lakh; the latest was in February 2009.
The peers of Suma Springs by revenue are Nidec India Precision Tools Limited, Goldy Precision Technologies Private Limited, Ashwani Metals Private Limited, Kisaan Die Tech Private Limited, R G Bronze Mfg Company Private Limited and 1 more, all in the Machinery and Equipment industry (Springs, Tools and Components), with the same principal business activity (metal and metal products).
Hari Prashanth was appointed as Whole-Time Director on 01 Nov 2005. Satish Hari Babu was appointed as Managing Director on 28 Jul 2000. Sumitra Hari was appointed as Whole-Time Director on 03 Feb 1992.
Yes, Suma Springs is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0002234).
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