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SOUTHERN BATTERIES PRIVATE LIMITED

Last Updated on ' Tue Nov 17 00:00:00 IST 2020 '
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Description
Southern Batteries Pvt. Ltd, established in 1980, is engaged in the manufacture of Lead Acid Tubular Batteries, Valve Regulated Lead Acid VRLA Batteries, Flat Plate Batteries, Traction Batteries and Automotive Batteries under the brand name Hi-Power.
Sector
Electronic Manufacturing
Sub Sector
Electronic Components Manufacturing
Company Type
Unlisted
Type
Manufacturing
Employees
501-1000 employees
Register Address
PLOT NO.30, KIADB, INDUSTRIAL AREA, BOMMASANDRA, BANGALORE, Karnataka 560099 IN
Website
http://www.southernbatteries.com/index.htm
Key Products/Services
Manufacture Of Electric Accumulator Incuding Parts Thereof Separators, Containers, Covers Inverter Battery Lead acid battery Solar battery Traction battery Auto battery Motorcycle battery SMF Battery Standby Power Batteries VRLA battery HI power batteries
Key Resources/Assets
We have three state-of-the-art manufacturing units located in KIADB Industrial Area and Jigani, Bangalore. These units are well equipped to facilitate complete in house production, starting from plates to the final assembled batteries and charging.
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Stressed Asset Related Documents
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Financial Information Documents
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Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2017 41.92 mn 32,692.4 60.81 mn 33.72 mn 1.13 0.35 0.0 0.0 11.32 0.08
Stressed Assets Timeline Mon Feb 24 00:00:00 IST 2020
Defined Date Without Date

Commencement of CIRP

Mon Feb 24 00:00:00 IST 2020Mon Feb 24 00:00:00 IST 2020
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Public Announcement by Resolution Professional

Wed Feb 26 00:00:00 IST 2020Wed Feb 26 00:00:00 IST 2020
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Claim submission

Mon Mar 09 00:00:00 IST 2020Mon Mar 09 00:00:00 IST 2020
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Invitation for Expression of Interest

Sat May 09 00:00:00 IST 2020Sat May 09 00:00:00 IST 2020
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Submission of Expression of Interest

Mon Nov 23 00:00:00 IST 2020Mon Nov 23 00:00:00 IST 2020
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Submission of Resolution Plan

Tue Dec 08 00:00:00 IST 2020Tue Dec 08 00:00:00 IST 2020
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Committee of Creditors Approval

Tue Jan 12 00:00:00 IST 2021Tue Jan 12 00:00:00 IST 2021
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Submission of Resolution Plan to NCLT

Fri Aug 07 00:00:00 IST 2020Fri Aug 07 00:00:00 IST 2020
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Approval of Resolution Plan by NCLT

Sat Aug 22 00:00:00 IST 2020Sat Aug 22 00:00:00 IST 2020
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