Sushee Coatings Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 1998.
1998 Bangalore, Karnataka, India Active
Last Updated:
About Sushee Coatings Private Limited

Sushee Coatings Private Limited, a active private limited company, was established on 12 March 1998 in Bangalore, Karnataka, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U24132KA1998PTC023491. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.50 M.

It upholds a compliant status. Its leadership includes Sangeetha Balasubramaniam (Director), Murugeshan Balasubhramaniam (Managing Director), Shankar Balasubramaniam (Director). Past directors included Susheela Ramaswamy Mudaliar. It holds ₹2.79 Cr open charges and ₹2.62 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at 436,7Th Cross,Prakash Nagar, Bangalore, Karnataka, 560021.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24132KA1998PTC023491

  • Registration Number

    023491

  • Incorporation Date

    12 March 1998

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.79 Cr
  • Satisfied Charges ₹ 2.62 Cr
  • Revenue Growth **** 485.74%
  • Profit Growth **** 504.68%
  • Ebitda **** 171.27%
  • Net Worth 52.33%
  • Total Assets **** 20.48%
Company report

Sushee Coatings Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sushee Coatings Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sushee Coatings Private Limited?
Current Directors
Name Designation Appointment Date Status
Sangeetha Balasubramaniam Director 01 Apr 2010 Current
Murugeshan Balasubhramaniam Managing Director 12 Mar 1998 Current
Shankar Balasubramaniam Director 04 Dec 2023 Current
Easwaramurthy Murugeshan Director 12 Mar 1998 Current
Arun Easwara Murthy Director 04 Dec 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Dec 2023 Past

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Financial Performance of Sushee Coatings.

Sushee Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 485.74% increase. The company also saw a substantial improvement in profitability, with a 504.68% increase in profit. The company's net worth Soared by an impressive increase of 52.33%.

Sushee Coatings revenue growth over time
Sushee Coatings profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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485.74%
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Revenue from Operations
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523.42%
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Total Assets
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20.48%
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Profit or Loss
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504.68%
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Net Worth
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52.33%
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EBITDA
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171.27%
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*******

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What is the Ownership and Shareholding Structure of Sushee Coatings?

In 2023, Sushee Coatings had a public holding of 60.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹27,906,313.00

Satisfied Charges

₹26,163,000.00

Charges Breakdown by Lending Institutions
  • Others : 2.60 Cr
  • Idbi Bank Limited : 0.19 Cr
Latest Charge Details
Date Lender Amount Status
15 Feb 2025 Others ₹2.60 Cr Open
23 Jan 2010 Idbi Bank Limited ₹1.91 M Open
29 Sep 2023 The South Indian Bank Limited ₹1.80 M Satisfied
16 Jun 2016 The South Indian Bank Limited ₹2.24 Cr Satisfied
04 Apr 2014 Idbi Bank Ltd ₹2.00 M Satisfied

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How Many Employees Work at Sushee Coatings?

Unlock and access historical data on people associated with Sushee Coatings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sushee Coatings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sushee Coatings's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Sushee Coatings
Recent Activity within the Organization
  • Annual General Meeting

    Sushee Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 26.00 M with Charge ID 101055440 was registered on 15 Feb 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 29 Sep 2023 via Charge ID 100796770 with The South Indian Bank Limited was fully satisfied on 24 Oct 2024. was completed.

  • Charges

    Progress on A charge registered on 16 Jun 2016 via Charge ID 100039087 with The South Indian Bank Limited was fully satisfied on 24 Oct 2024. was documented.

  • Balance Sheet

    The activity Sushee Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Shankar Balasubramaniam was appointed as a Director was appointed as a Director on 04 Dec 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Sushee Coatings Private Limited?

The CIN of Sushee Coatings Private Limited is U24132KA1998PTC023491.

Where is Sushee Coatings Private Limited headquartered?

Sushee Coatings Private Limited is headquartered at 436,7Th Cross,Prakash Nagar, Bangalore, Karnataka, 560021.

When was Sushee Coatings Private Limited incorporated?

Sushee Coatings Private Limited was incorporated on 12 March 1998.

Who are the current directors of Sushee Coatings Private Limited?
What is the primary industry of Sushee Coatings Private Limited?

The primary industry of Sushee Coatings Private Limited is Manufacturing.

Is Sushee Coatings Private Limited a listed company?

Sushee Coatings Private Limited is unlisted.

What is the capital structure of Sushee Coatings Private Limited?

The authorized capital of Sushee Coatings Private Limited is ₹1.50 M, and the paid-up capital is ₹1.50 M.

What is the compliance status of Sushee Coatings Private Limited?

The compliance status of Sushee Coatings Private Limited is Compliant.

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