Suryachakra Global Enviro Power Limited
About Suryachakra Global Enviro Power Limited
Data last updated:
Suryachakra Global Enviro Power Limited is a public limited company based in Hyderabad, Telangana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 04 May 1995.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27100TG1995PLC020207. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹62.71 Cr. It was formerly known as Lahari Organics Limited and Lahari Power and Steels Limited. It is led by directors including Kondla Veeraiah and Bulusu Subrahmanya Chandra Sekhar.
Its last annual general meeting (AGM) was held on 29 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Hyderabad, Telangana.
As per MCA filings, the company has open charges of ₹55 Cr and satisfied charges of ₹62.8 Cr on record. Court records list 28 cases involving the company, including 16 filed by the company and 12 filed against it; 6 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹114.78 Cr; the latest was in January 2010.
Company details
Name history
Suryachakra Global Enviro Power has undergone 2 name changes throughout its history. The company was previously known as Lahari Organics Limited, and Lahari Power And Steels Limited. The current legal name is Suryachakra Global Enviro Power Limited.
| Company Name | Status |
|---|---|
| Suryachakra Global Enviro Power Limited | Current |
| Lahari Organics Limited | Previous |
| Lahari Power And Steels Limited | Previous |
CIN history
Suryachakra Global Enviro Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27100TG1995PLC020207, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100TG1995PLC020207 | Current |
| U27100AP1995PLC020207 | Previous |
| L27100AP1995PLC020207 | Previous |
Contact details
Suryachakra Global Enviro Power Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No.53 Flat No.102 Ashwini Homes Behind Andhra Jyothi Journalist Colony Road No.70 Jubi, Lee Hills, Hyderabad, Telangana, India – 500033
- IndustryEnvironment, Biofuel & Biomass Energy
- 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
Financials of Suryachakra Global Enviro Power Limited
FY 2014 filings availableFinancial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Suryachakra Global Enviro Power Limited, buy the company report.
Board of directors of Suryachakra Global Enviro Power Limited
Suryachakra Global Enviro Power has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondla Veeraiah | Director | 10 Dec 2012 | 13 Years 11 Months | As last reported |
| Ramu Pitla | Additional Director | 25 Jun 2015 | 11 Years 4 Months | As last reported |
| Bulusu Subrahmanya Chandra Sekhar | Director | 24 May 2013 | 13 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2012 | 10355593 | Indiabulls Financial Services Limited | ₹50 Cr | Open | |
| 12 Nov 2009 | 10185900 | Idbi Bank Limited | ₹5 Cr | Open | |
| 29 Jun 2010 | 10271129 | Indiabulls Infrastructure Credit Limited | ₹35 Cr | Satisfied | |
| 05 Dec 2007 | 10080912 | State Bank of India | ₹2.85 Cr | Satisfied | |
| 24 Jan 2007 | 10037215 | State Bank of India (Lead Bank) | ₹24.95 Cr | Satisfied |
To see the full charge records of Suryachakra Global Enviro Power Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Suryachakra Global Enviro Power Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹114.78 Cr; the latest was in January 2010.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2010 | Funding round | ₹40 Cr | Investors: Climate Change Investment-II |
| Jan 2010 | Funding round | ₹71.28 Cr | Investors: Suryachakra Power Corporation Limited |
| Mar 2008 | Funding round | ₹3.5 Cr | Investors: Suryachakra Power Corporation Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suryachakra Global Enviro Power Limited has 28 court cases on record: 16 filed by Suryachakra Global Enviro Power, 12 filed against it. 6 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 7 | 4 |
| District courts | 4 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Suryastone Ventures Private Limited (Formerly Known As Suryachakra Industries Pvt. Ltd. and 1 other | Pending |
| High Court, TELANGANA | Company petition | Filed against the company by Idbi Bank Limited, | Pending |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Uv Asset Reconstruction Company Limited and 1 other | Disposed |
| High Court, HARYANA | Criminal miscellaneous application | Filed by the company against Indiabulls Financial Services Ltd | Disposed |
| District court, Gurugram, Haryana | Court case (CRR) | Filed against the company by Ms Indiabulls Financial Services Ltd. | Disposed |
To see the full case history of Suryachakra Global Enviro Power 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 Suryachakra Global Enviro Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suryachakra Global Enviro Power has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Suryachakra Global Enviro Power Limited, buy the company report.
Recent activity
Suryachakra Global Enviro Power Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Ramu Pitla was appointed as Additional Director on 25 Jun 2015.
22 earlier events are in the company report.
Frequently asked questions
Suryachakra Global Enviro Power is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Suryachakra Global Enviro Power is a company under liquidation, formerly operating as a public limited company based in Hyderabad, Telangana, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 04 May 1995 and is registered under CIN U27100TG1995PLC020207. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Suryachakra Global Enviro Power has 3 current directors:
- Kondla Veeraiah - Director
- Ramu Pitla - Additional Director
- Bulusu Subrahmanya Chandra Sekhar - Director
The latest financial statements of Suryachakra Global Enviro Power on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 29 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Suryachakra Global Enviro Power is U27100TG1995PLC020207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suryachakra Global Enviro Power has open charges of ₹55 Cr and satisfied charges of ₹62.8 Cr as per latest MCA filings.
Suryachakra Global Enviro Power has 28 court cases on record: 16 filed by the company and 12 filed against it. 6 are pending. Most are in the high courts.
Suryachakra Global Enviro Power was incorporated on 04 May 1995. It is registered with the Registrar of Companies, Hyderabad.
Suryachakra Global Enviro Power has 3 deals on record (3 funding rounds), with disclosed funding of ₹114.78 Cr; the latest was in January 2010.
Ramu Pitla was appointed as Additional Director on 25 Jun 2015. Satyanarayana Godi ceased to be Director on 25 Jun 2015. Markus Huwener ceased to be Director on 28 May 2014. Suryachakra Global Enviro Power has 21 board changes on record in total.
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.
