Saavi Steel Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 16 Year, 1 Month
- 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 one month. 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
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Location
Nagpur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27107MH2009PTC189384
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Company No.
189384
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Jan 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Saavi Steel?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hariprasad Rathi
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Director | 06-Jan-2009 | Current |
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Vijay Rathi
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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
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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)
₹47.07 M
₹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.