Saavi Steel Private Limited
Manufactures and deals in steel and related products since 2009.
2009 | Nagpur, Maharashtra (India) | Active
Saavi Steel Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.71 Cr
- Revenue Growth -58.40%
- Profit Growth 110.19%
- Ebitda 317.37%
- Net Worth 1.76%
- Total Assets -53.28%
About Saavi Steel
Saavi Steel Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 2009 and has a history of 16 years and four months. Its registered office is in Nagpur, Maharashtra, India.
The Corporate was formerly known as Saavi Rolling Mills 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹4.71 Cr.
Hariprasad Rathi and Vijay Rathi serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27107MH2009PTC189384
- Company No.
189384
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jan 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Saavi Steel Private Limited
Explore comprehensive data for Saavi Steel Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Saavi Steel?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hariprasad Rathi  | Director | 06-Jan-2009 | Current |
| Vijay Rathi | Director | 06-Jan-2009 | Current |
Financial Performance of Saavi Steel.
Saavi Steel Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.4% decrease. The company also saw a substantial improvement in profitability, with a 110.19% increase in profit. The company's net worth moved up by a moderate rise of 1.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Saavi Steel?
In 2023, Saavi Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹47.07 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 4.71 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2013 | Canara Bank | ₹0.85 M | Open |
| 21 Apr 2011 | Canara Bank | ₹4.62 Cr | Open |
How Many Employees Work at Saavi Steel?
Unlock and access historical data on people associated with Saavi Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saavi 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 Saavi Steel's trajectory.
Rating
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
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 Saavi Steel
Recent activity within the organization
- Annual General Meeting
Saavi Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Saavi Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Canara Bank of Rs. 46.22 M registered on 21 Apr 2011 with Charge ID 10290471 was modified on 26 Jul 2014.
- Charges
A charge with Canara Bank amounted to Rs. 0.85 M with Charge ID 10455024 was registered on 24 Sep 2013.
- Charges
A charge with Canara Bank amounted to Rs. 46.22 M with Charge ID 10290471 was registered on 21 Apr 2011.
- Director Appointment
Hariprasad Jagannath Rathi was appointed as a Director was appointed as a Director on 06 Jan 2009 & has been associated with this company since 16 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Saavi Steel Private Limited?
Saavi Steel Private Limited was incorporated on 06 Jan 2009.
What is authorized share capital and paid-up capital of Saavi Steel Private Limited?
The authorized share capital of Saavi Steel Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Saavi Steel Private Limited?
Currently 2 directors are associated with Saavi Steel Private Limited.
- Hariprasad Jagannath Rathi
- Vijay Hariprasad Rathi
What is the registered address of Saavi Steel Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Saavi Steel Private Limited is Lg 56 V.H.B. Colony Shanti Nagar India, Nagpur, Maharashtra, 440002.
What is the corporate identification number (CIN) and company number of Saavi Steel Private Limited?
The corporate identification number (CIN) of Saavi Steel Private Limited is U27107MH2009PTC189384 and the company number is 189384 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Saavi Steel Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Saavi Steel Private Limited has fallen by -58.40%.
What change has been observed in the net worth of Saavi Steel Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Saavi Steel Private Limited has experienced an upsurge of 1.76%.
What are the total open charges for Saavi Steel Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Saavi Steel Private Limited amount to ₹ 4.71 Cr.
When was the last Balance Sheet of Saavi Steel Private Limited filed with the ROC?
The most recent Balance Sheet for Saavi Steel Private Limited was filed with the ROC on 31 Mar 2023.
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