S A L Steel Limited

Manufactures sponge iron, ferrochrome, and sells power from 40 MW plant.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated:

S A L Steel Profile

Key Indicators

  • Authorised Capital ₹ 140.00 Cr
  • Paid Up Capital ₹ 84.97 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 175.90 Cr
  • Satisfied Charges ₹ 450.98 Cr
  • Revenue Growth -4.57%
  • Profit Growth -69.28%
  • Ebitda 331.28%
  • Net Worth 9.76%
  • Total Assets -4.82%

About S A L Steel

S A L Steel Limited (SALSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 November 2003 and has a history of 21 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532604 and on the National Stock Exchange(NSE) under BE : SALSTEEL.

The Corporate was formerly known as S A L Steel Private Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 140.00 Cr and a paid-up capital of Rs 84.97 Cr.

The company currently has active open charges totaling ₹175.90 Cr. The company has closed loans amounting to ₹450.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at S A L Steel Limited India is Babulal Singhal as CFO. Rajendrakumar Shah, Babulal Singhal, Shefali Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29199GJ2003PLC043148

  • Company No.

    043148

  • Stock Symbol

    BSE : 532604 NSE : BE : SALSTEEL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 2003

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals
Energy and Power

What products or services does S A L Steel Limited offer?

S A L Steel Limited offers a wide range of products and services, including Manufacturing & Assembling Services, Grinding Services, Cleaning Machines & Equipments, Blasting Machine.

Company report

S A L Steel Limited

Explore comprehensive data for S A L Steel Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at S A L Steel?

Executive Team (1)

NameDesignationAppointment DateStatus
Babulal Singhal Country flag representing In CFO28-May-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajendrakumar Shah Country flag representing In Director 06-Nov-2003Current
Babulal Singhal Country flag representing In Whole-Time Director and Cfo 16-May-2006Current
Shefali Patel Country flag representing In Director 13-Jul-2015Current
Mitesh Jariwala Director 21-Mar-2024Current
Bipinbhai Gosalia Country flag representing In Director 21-Mar-2024Current

Financial Performance of S A L Steel.

S A L Steel Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.57% decrease. The company also saw a substantial fall in profitability, with a 69.28% decrease in profit. The company's net worth moved up by a moderate rise of 9.76%.

S A L Steel revenue growth over time
S A L Steel profit and loss trends over time
  • 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
-4.57%
Revenue from Operations
-1.89%
Total Assets
-4.82%
Profit or Loss
-69.28%
Net Worth
9.76%
EBITDA
331.28%

What is the Ownership and Shareholding Structure of S A L Steel?

In 2022, S A L Steel had a promoter holding of 50.56% and a public holding of 49.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹175.90 Cr

Satisfied Charges

₹450.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 175.00 Cr
  • Srei Equipment Finance Private Limited : 0.45 Cr
  • Hdfc Bank Limited : 0.33 Cr
  • Union Bank Of India : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
05 Sep 2024Others₹50.00 CrOpen
16 Sep 2022Others₹125.00 CrOpen
20 Jan 2012Hdfc Bank Limited₹3.30 MOpen
15 Sep 2011Srei Equipment Finance Private Limited₹4.50 MOpen
31 Mar 2009Union Bank Of India₹1.24 MOpen

How Many Employees Work at S A L Steel?

S A L Steel has a workforce of 343 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for S A L Steel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of S A L Steel, 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 S A L Steel'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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on S A L Steel

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 05 Sep 2024 with Charge ID 100994027 was modified on 30 Sep 2024.

  • Annual General Meeting

    S A L Steel Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100994027 was registered on 05 Sep 2024.

  • Balance Sheet

    S A L Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Mitesh Vasantbhai Jariwala was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 1 year 21 days .

  • Director Appointment

    Bipinbhai Amulakhbhai Gosalia was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 1 year 21 days .

Frequently asked questions

  • What is the Incorporation or founding date of S A L Steel Limited?

    S A L Steel Limited was incorporated on 06 Nov 2003.

  • What is authorized share capital and paid-up capital of S A L Steel Limited?

    The authorized share capital of S A L Steel Limited is ₹ 140.00 Cr and paid-up capital is ₹ 84.97 Cr.

  • Who are the current board members & directors of S A L Steel Limited?

    Currently 6 directors are associated with S A L Steel Limited.

    • Rajendrakumar Shah
    • Babulal Madanlal Singhal
    • Shefali Manojbhai Patel
    • Mitesh Vasantbhai Jariwala
    • Bipinbhai Amulakhbhai Gosalia
    • Babulal Singhal

  • What is the registered address of S A L Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of S A L Steel Limited is 5/1 Shreeji House 5Th Floorb/H M J Library Ashram Road India, Ahmedabad0, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of S A L Steel Limited?

    The corporate identification number (CIN) of S A L Steel Limited is L29199GJ2003PLC043148 and the company number is 043148 as per Ministry of Corporate Affairs (MCA).

  • Is S A L Steel Limited registered with any stock exchange in India?

    Yes, S A L Steel Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : SALSTEEL.

  • What is the official website of S A L Steel Limited?

    The Official website of S A L Steel Limited is https://www.salsteel.co.in

  • What has been the recent revenue trend for S A L Steel Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for S A L Steel Limited has fallen by -4.57%.

  • How many employees does S A L Steel Limited currently have?

    As Per 2023 financial reports, 343 employees are currently employed by S A L Steel Limited.

  • What change has been observed in the net worth of S A L Steel Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of S A L Steel Limited has experienced an upsurge of 9.76%.

  • What are the total open charges for S A L Steel Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for S A L Steel Limited amount to ₹ 175.90 Cr.

  • When was the last Balance Sheet of S A L Steel Limited filed with the ROC?

    The most recent Balance Sheet for S A L Steel Limited was filed with the ROC on 31 Mar 2024.

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