Sagar Steel Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 50 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 19.91 Cr
- Revenue Growth 13.19%
- Profit Growth 115.22%
- Ebitda 109.25%
- Net Worth 0.07%
- Total Assets 5.79%
About Sagar Steel
Sagar Steel Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 1974 and has a history of 50 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
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 2.25 Cr and a paid-up capital of Rs 2.25 Cr.
The company has closed loans amounting to ₹19.91 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Surpat Chouraria, Kusum Chouraria, and Anuradha Vijay serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, 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
U27109KA1974PTC002557
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Company No.
002557
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 May 1974
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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 Bangalore
Industry
Who are the key members and board of directors at Sagar Steel?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surpat Chouraria
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Managing Director | 02-May-1974 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kusum Chouraria
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Whole-Time Director | 29-Sep-1992 | Current |
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Anuradha Vijay
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Director | 30-Nov-2021 | Current |
Financial Performance of Sagar Steel.
Sagar Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.19% increase. The company also saw a substantial improvement in profitability, with a 115.22% increase in profit. The company's net worth moved up by a moderate rise of 0.07%.
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What is the Ownership and Shareholding Structure of Sagar Steel?
In 2023, Sagar Steel had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sagar Engineering Private LimitedSurpat Chouraria and Kusum Chouraria are mutual person
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29 September Works LlpSurpat Chouraria and Anuradha Vijay are mutual person
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Sagar Conductors Private Limited
Surpat Chouraria and Kusum Chouraria are mutual person
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Sagar Mohini Facilities Llp
Anuradha Vijay is a mutual person
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Hideout Ventures Llp
Anuradha Vijay is a mutual person
Charges (Loans)
₹0
₹19.91 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 19.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2004 | State Bank Of India | ₹19.91 Cr | Satisfied |
How Many Employees Work at Sagar Steel?
Sagar Steel has a workforce of 1 employees as of Apr 03, 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 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 Sagar 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.
