About Svan Elastomer Solutions Private Limited
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Svan Elastomer Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 10 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25190KA2012PTC063944. Its GSTIN is 29AARCS5997G1ZB (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.4 Cr. It was formerly known as Svan Flavour & Fragrance Private Limited. It is led by directors Ramaswami Sundar (Managing Director) and Vijayalakshmi Swaminathan.
Its last annual general meeting (AGM) was held on 31 March 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.1920 30th Cross Banashankari II Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.78 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹84.9 Lakh (net margin 6.6%) and EBITDA of ₹2.21 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.33 Cr and satisfied charges of ₹91.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website svan-elastomer-solutions-pvt-ltd.business.site.
- EmailLocked
- TelephoneLocked
- Social Media
- Registered AddressNo.1920 30th Cross Banashankari II Stage, Bangalore, Karnataka, India – 560070
- IndustryManufacturing, Rubber-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Svan Elastomer Solutions Private Limited
The main business activity of Svan Elastomer Solutions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Svan Elastomer Solutions Private Limited FY 2023 filings available
Svan Elastomer Solutions Private Limited reported revenue of ₹12.78 Cr (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Svan Elastomer Solutions Private Limited
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 36% 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 of Svan Elastomer Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹84.9 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Svan Elastomer Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Svan Elastomer Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Rubber Based Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gravolite India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Rubber General Industries India Private Limited | •••• | •••• | •••• | •••• | 75 | Coonoor, Tamil Nadu, India |
| Nisarg Polymers Private Limited | •••• | •••• | •••• | •••• | - | Vasai, Maharashtra, India |
| GTF Tyres Private Limited | •••• | •••• | •••• | •••• | - | Hodal, Haryana, India |
| Shivalik Reclamation Pvt Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Svan Elastomer Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Jupiter Rubber Pvt Ltd | •••• | •••• | •••• | •••• | 13 | Kolkata, West Bengal, India |
| Parkman Elastomers Private Limited | •••• | •••• | •••• | •••• | 13 | Mumbai, Maharashtra, India |
| Saga Elastomer Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Elitee Speciality Polymers Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Sankar Elastomers Private Limited | •••• | •••• | •••• | •••• | 30 | Madras-600 040, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Svan Elastomer Solutions by revenue in the Manufacturing industry (Rubber Based Products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions Private Limited is audited by GOWTHAMA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOWTHAMA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayalakshmi Swaminathan | Director | 10 May 2012 | 14 Years 4 Months | Current |
| Ramaswami Sundar | Managing Director | 10 May 2012 | 14 Years 4 Months | Current |
Ownership and Shareholding of Svan Elastomer Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Svan Elastomer Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | City Union Bank Limited | ₹18.8 Lakh | Open |
| 21 Oct 2020 | City Union Bank Limited | ₹10.15 Cr | Open |
| 30 May 2018 | City Union Bank Limited | ₹2 Cr | Open |
| 02 Dec 2015 | State Bank of India | ₹91.6 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions Private Limited has a workforce of 23 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions has one previous CIN (Corporate Identification Number): U24100KA2012PTC063944. The current CIN is U25190KA2012PTC063944, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25190KA2012PTC063944 | Current |
| U24100KA2012PTC063944 | Previous |
Recent Activity on Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ramaswami Sundar was appointed as Managing Director on 10 May 2012.
Credit Ratings, Litigation & Regulatory Alerts for Svan Elastomer Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Svan Elastomer Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Svan Elastomer Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS5997G1ZB | Karnataka | Active | 01 Jul 2017 |
| 33AARCS5997G1ZM | Tamil Nadu | Active | 13 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Svan Elastomer Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Svan Elastomer Solutions Private Limited
Svan Elastomer Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 10 May 2012 (14+ years old) and is registered under CIN U25190KA2012PTC063944.
Svan Elastomer Solutions reported revenue of ₹12.78 Cr for FY 2023 (down 33% YoY).
Svan Elastomer Solutions has 2 current directors:
- Ramaswami Sundar - Managing Director
- Vijayalakshmi Swaminathan - Director
Svan Elastomer Solutions reported a net profit of ₹84.9 Lakh (net margin 6.6%) and EBITDA of ₹2.21 Cr (EBITDA margin 17.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Svan Elastomer Solutions is 11% over three years and 10% over five years. In the latest year (FY 2023) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Svan Elastomer Solutions is 29AARCS5997G1ZB, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AARCS5997G1ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Svan Elastomer Solutions is U25190KA2012PTC063944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Svan Elastomer Solutions was incorporated on 10 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Svan Elastomer Solutions by revenue are Gravolite India Private Limited, Rubber General Industries India Private Limited, Nisarg Polymers Private Limited, GTF Tyres Private Limited, Shivalik Reclamation Pvt Ltd and 5 more, all in the Manufacturing industry (Rubber Based Products).
Ramaswami Sundar was appointed as Managing Director on 10 May 2012. Vijayalakshmi Swaminathan was appointed as Director on 10 May 2012.
Yes, Svan Elastomer Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).