Saagar Furnico Private Limited

Manufactures steel for various industries.

2019 | Kamrup, Assam (India) | Active
Last Updated:

Saagar Furnico Profile

Key Indicators

  • Authorised Capital ₹ 23.20 Cr
  • Paid Up Capital ₹ 23.15 Cr
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 71.00 Cr
  • Satisfied Charges ₹ 18.83 Cr
  • Revenue Growth 36.67%
  • Profit Growth 396.17%
  • Ebitda 56.29%
  • Net Worth 5.48%
  • Total Assets -3.59%

About Saagar Furnico

Saagar Furnico Private Limited (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 November 2019 (Five years and four months 0 days old ). Its registered office is in Kamrup, Assam, India.

The Company is engaged in the Manufacturing 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 23.20 Cr and a paid-up capital of Rs 23.15 Cr.

The company currently has active open charges totaling ₹71.00 Cr. The company has closed loans amounting to ₹18.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saagar Furnico Private Limited India is Kanika Baid as COMPANY SECRETARY. Sangita Agarwal, Yash Agarwal, and Hemant Kumar serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sagarsteels.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36100AS2019PTC019642

  • Company No.

    019642

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Manufacturing

Who are the key members and board of directors at Saagar Furnico?

Executive Team (1)

NameDesignationAppointment DateStatus
Kanika Baid Country flag representing In Company Secretary23-May-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Sangita Agarwal Country flag representing In Director 05-Nov-2019Current
Yash Agarwal Country flag representing In Director 05-Nov-2019Current
Hemant Kumar Country flag representing In Director 05-Nov-2019Current

Financial Performance of Saagar Furnico.

Saagar Furnico Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.67% increase. The company also saw a substantial improvement in profitability, with a 396.17% increase in profit. The company's net worth moved up by a moderate rise of 5.48%.

Saagar Furnico revenue growth over time
Saagar Furnico 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
36.67%
Revenue from Operations
36.50%
Total Assets
-3.59%
Profit or Loss
396.17%
Net Worth
5.48%
EBITDA
56.29%

What is the Ownership and Shareholding Structure of Saagar Furnico?

In 2023, Saagar Furnico had a promoter holding of 89.70% and a public holding of 10.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.00 Cr

Satisfied Charges

₹18.83 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 71.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Hdfc Bank Limited₹61.00 CrOpen
27 Mar 2024Hdfc Bank Limited₹10.00 CrOpen
18 Sep 2020State Bank Of India₹18.83 CrSatisfied

How Many Employees Work at Saagar Furnico?

Saagar Furnico has a workforce of 26 employees as of Apr 06, 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 Saagar Furnico Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saagar Furnico, 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 Saagar Furnico'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 Saagar Furnico

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 61.00 Cr with Charge ID 101004156 was registered on 30 Sep 2024.

  • Annual General Meeting

    Saagar Furnico Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 18 Sep 2020 via Charge ID 100370551 with State Bank Of India was fully satisfied on 03 May 2024.

  • Balance Sheet

    Saagar Furnico Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100920534 was registered on 27 Mar 2024.

  • Charges

    A charge with State Bank Of India of Rs. 18.83 Cr registered on 18 Sep 2020 with Charge ID 100370551 was modified on 04 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Saagar Furnico Private Limited?

    Saagar Furnico Private Limited was incorporated on 05 Nov 2019.

  • What is authorized share capital and paid-up capital of Saagar Furnico Private Limited?

    The authorized share capital of Saagar Furnico Private Limited is ₹ 23.20 Cr and paid-up capital is ₹ 23.15 Cr.

  • Who are the current board members & directors of Saagar Furnico Private Limited?

    Currently 4 directors are associated with Saagar Furnico Private Limited.

    • Sangita Agarwal
    • Yash Agarwal
    • Kanika Baid
    • Hemant Agarwal Kumar

  • What is the registered address of Saagar Furnico Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saagar Furnico Private Limited is C/O Hemant Agarwal S.J. Road, Athgaon India, Guwahati, Assam, 781001.

  • What is the corporate identification number (CIN) and company number of Saagar Furnico Private Limited?

    The corporate identification number (CIN) of Saagar Furnico Private Limited is U36100AS2019PTC019642 and the company number is 019642 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saagar Furnico Private Limited?

    The Official website of Saagar Furnico Private Limited is https://www.sagarsteels.in

  • What has been the recent revenue trend for Saagar Furnico Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saagar Furnico Private Limited has risen by 36.67%.

  • How many employees does Saagar Furnico Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Saagar Furnico Private Limited.

  • What change has been observed in the net worth of Saagar Furnico Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Saagar Furnico Private Limited has experienced an upsurge of 5.48%.

  • What are the total open charges for Saagar Furnico Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Saagar Furnico Private Limited amount to ₹ 71.00 Cr.

  • When was the last Balance Sheet of Saagar Furnico Private Limited filed with the ROC?

    The most recent Balance Sheet for Saagar Furnico Private Limited was filed with the ROC on 31 Mar 2024.

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