Saeco Strips Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 29 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 40.93 Cr
- Satisfied Charges ₹ 8.74 Cr
- Revenue Growth 13.53%
- Profit Growth -27.79%
- Ebitda 10.74%
- Net Worth 8.67%
- Total Assets -3.54%
About Saeco Strips
Saeco Strips Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 September 1995 and has a history of 29 years and four months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Saeco Strips 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 3.50 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹40.93 Cr. The company has closed loans amounting to ₹8.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kartar Singh, Davinder Singh, and Sanraj Singh serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, 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
U27104PB1995PTC016996
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Company No.
016996
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Sep 1995
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Saeco Strips Private Limited offer?
Saeco Strips Private Limited offers a wide range of products and services, including Farming Tools, Equipment & Machines, Seeding Machine, Tractor, Tractor Parts & Assemblies, Harvester, Irrigation and Harvesting Machines, Thresher, Tractor Attachments, Agricultural Machinery, Food Grains & Nut Processing Machine, Grain Processing Machines.
Who are the key members and board of directors at Saeco Strips?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanraj Singh
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Director | 20-Dec-2011 | Current |
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Kartar Singh
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Director | 30-Nov-2004 | Current |
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Davinder Singh
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Director | 30-Nov-2004 | Current |
Financial Performance of Saeco Strips.
Saeco Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.53% increase. The company also saw a substantial fall in profitability, with a 27.79% decrease in profit. The company's net worth moved up by a moderate rise of 8.67%.
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What is the Ownership and Shareholding Structure of Saeco Strips?
In 2023, Saeco Strips 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)
₹40.93 Cr
₹8.74 Cr
Charges Breakdown by Lending Institutions
- Others : 40.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2024 | Others | ₹5.90 M | Open |
| 24 Jul 2023 | Others | ₹7.50 Cr | Open |
| 21 Aug 2021 | Others | ₹3.50 Cr | Open |
| 29 Aug 2020 | Others | ₹1.05 Cr | Open |
| 24 Jun 2020 | Others | ₹19.75 Cr | Open |
How Many Employees Work at Saeco Strips?
Saeco Strips has a workforce of 66 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saeco Strips, 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 Saeco Strips'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.
