Sagar Springs Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 43 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.00 Cr
- Satisfied Charges ₹ 26.75 Cr
- Revenue Growth 17.75%
- Profit Growth 73.72%
- Ebitda 77.67%
- Net Worth 5.94%
- Total Assets 7.06%
About Sagar Springs
Sagar Springs Pvt Ltd (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 1981 and has a history of 43 years and five months. Its registered office is in Halol, Gujarat.
The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹28.00 Cr. The company has closed loans amounting to ₹26.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suryakant Shah and Sagar Shah serve as directors at the Company.
Company Details
- Location Halol, Gujarat
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U31110GJ1981PTC004574
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Company No.
004574
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Aug 1981
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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 Ahmedabad
Industry
Who are the key members and board of directors at Sagar Springs?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suryakant Shah
|
Managing Director | 24-Aug-1981 | Current |
|
Sagar Shah
|
Managing Director | 24-Aug-1981 | Current |
Board Members
No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.
Financial Performance of Sagar Springs.
Sagar Springs Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 17.75% increase. The company also saw a substantial improvement in profitability, with a 73.72% increase in profit. The company's net worth moved up by a moderate rise of 5.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sagar Springs?
In 2021, Sagar Springs 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)
₹280.00 M
₹267.50 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 28.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2020 | State Bank Of India | ₹14.00 Cr | Open |
| 29 Jun 2020 | State Bank Of India | ₹14.00 Cr | Open |
| 16 Feb 2019 | Axis Bank Limited | ₹7.00 Cr | Satisfied |
| 29 Jan 2019 | Axis Bank Limited | ₹7.00 Cr | Satisfied |
| 18 Mar 2013 | Hdfc Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Sagar Springs?
Sagar Springs has a workforce of 22 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 Sagar Springs, 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 Springs'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.