Sagar Business Private Limited

ISO-certified company trading in iron and steel products, offering solutions for construction, lighting, and agriculture.

1983 | Kolkata, West Bengal (India) | Active
Last Updated:

Sagar Business Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.52 Cr
  • Company Age 41 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 213.90 Cr
  • Satisfied Charges ₹ 116.03 Cr
  • Revenue Growth -0.71%
  • Profit Growth 8.87%
  • Ebitda 11.38%
  • Net Worth 11.39%
  • Total Assets 33.35%

About Sagar Business

Sagar Business Private Limited (SBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 1983 and has a history of 41 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Deoghar Billets P Ltd. 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 3.00 Cr and a paid-up capital of Rs 2.52 Cr.

The company currently has active open charges totaling ₹213.90 Cr. The company has closed loans amounting to ₹116.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sagar Business Private Limited India is Shourya Kishorepuria as CEO. Sriyash Kishorepuria, Radha Kishorepuria, and Sunil Kishorepuria serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sagarbusiness.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104WB1983PTC209190

  • Company No.

    209190

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Sagar Business Private Limited offer?

Sagar Business Private Limited offers a wide range of products and services, including TMT Bars, TATA TMT Bars, Seamless Pipe, Seamless Steel Pipes, Steel Pipes and Tubes, Hollow Sections, Electrical & Signaling Contractors, Electrical Contractor, Steel Wire, Steel Hollow Sections.

Who are the key members and board of directors at Sagar Business?

Executive Team (1)

NameDesignationAppointment DateStatus
Shourya Kishorepuria CEO26-Oct-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Sriyash Kishorepuria Country flag representing In Director 28-Feb-2022Current
Radha Kishorepuria Country flag representing In Director 15-Feb-2020Current
Sunil Kishorepuria Country flag representing In Director 01-Dec-2008Current

Financial Performance of Sagar Business.

Sagar Business Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.71% decrease. The company also saw a slight improvement in profitability, with a 8.87% increase in profit. The company's net worth Soared by an impressive increase of 11.39%.

Sagar Business revenue growth over time
Sagar Business 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
-0.71%
Revenue from Operations
-1.12%
Total Assets
33.35%
Profit or Loss
8.87%
Net Worth
11.39%
EBITDA
11.38%

What is the Ownership and Shareholding Structure of Sagar Business?

In 2023, Sagar Business had a promoter holding of 95.25% and a public holding of 4.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹213.90 Cr

Satisfied Charges

₹116.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 108.54 Cr
  • Karnataka Bank Ltd. : 52.79 Cr
  • Standard Chartered Bank : 35.00 Cr
  • Tata Capital Financial Services Limited : 9.61 Cr
  • Axis Bank Limited : 6.71 Cr
  • Others : 1.24 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2024Others₹35.00 CrOpen
05 Jul 2024Others₹47.87 CrOpen
24 May 2024Axis Bank Limited₹2.13 MOpen
11 Dec 2023Others₹15.00 CrOpen
26 Jul 2023Tata Capital Financial Services Limited₹2.50 CrOpen

How Many Employees Work at Sagar Business?

Sagar Business has a workforce of 103 employees as of Aug 31, 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 Sagar Business Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sagar Business, 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 Sagar Business'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 Sagar Business

Recent activity within the organization

  • Director Appointment

    Shourya Varun Kishorepuria was appointed as a Ceo was appointed as a Ceo on 26 Oct 2024 & has been associated with this company since 4 months 9 days .

  • Charges

    A charge with Others of Rs. 47.87 Cr registered on 05 Jul 2024 with Charge ID 100954044 was modified on 21 Oct 2024.

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 19 Jul 2024 with Charge ID 100958981 was modified on 19 Oct 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 35.00 Cr registered on 31 Oct 2019 with Charge ID 100299759 was modified on 17 Sep 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 6.50 Cr registered on 19 Jun 2023 with Charge ID 100742842 was modified on 29 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100958981 was registered on 19 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Sagar Business Private Limited?

    Sagar Business Private Limited was incorporated on 21 Jul 1983.

  • What is authorized share capital and paid-up capital of Sagar Business Private Limited?

    The authorized share capital of Sagar Business Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.52 Cr.

  • Who are the current board members & directors of Sagar Business Private Limited?

    Currently 4 directors are associated with Sagar Business Private Limited.

    • Sriyash Kishorepuria
    • Shourya Varun Kishorepuria
    • Radha Kishorepuria
    • Sunil Kishorepuria

  • What is the registered address of Sagar Business Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Business Private Limited is 113 Park Street 10Th Floor, Block-A Poddar Point India, Kolkata, West Bengal, 700016.

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

    The corporate identification number (CIN) of Sagar Business Private Limited is U27104WB1983PTC209190 and the company number is 209190 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sagar Business Private Limited?

    The Official website of Sagar Business Private Limited is https://www.sagarbusiness.com

  • What has been the recent revenue trend for Sagar Business Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sagar Business Private Limited has fallen by -0.71%.

  • How many employees does Sagar Business Private Limited currently have?

    As Per 2023 financial reports, 103 employees are currently employed by Sagar Business Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sagar Business Private Limited has experienced an upsurge of 11.39%.

  • What are the total open charges for Sagar Business Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sagar Business Private Limited amount to ₹ 213.90 Cr.

  • When was the last Balance Sheet of Sagar Business Private Limited filed with the ROC?

    The most recent Balance Sheet for Sagar Business Private Limited was filed with the ROC on 31 Mar 2023.

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