Saggar Steels Private Limited

Manufactures iron and steel products including ingots, castings, and various steel sheets and coils.

2005 | Fatehgarh Sahib, Punjab (India) | Active
Last Updated: December 04, 2024

Saggar Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.10 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 4.50 Cr
  • Satisfied Charges ₹ 5.35 Cr
  • Revenue Growth %
  • Profit Growth -6411.07%
  • Ebitda
  • Net Worth -3.63%
  • Total Assets -0.51%

About Saggar Steels

Saggar Steels Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 March 2005 and has a history of 19 years and ten months. Its registered office is in Fatehgarh Sahib, Punjab, 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 2015. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.10 M.

The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹5.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivek Sahni and Abhimanyu Sahni serve as directors at the Company.

Company Details

  • Location

    Fatehgarh Sahib, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100PB2005PTC028185

  • Company No.

    028185

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2005

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

Who are the key members and board of directors at Saggar Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Vivek Sahni Country flag representing In Director 31-Mar-2005Current
Abhimanyu Sahni Country flag representing In Director 24-Dec-2010Current

Financial Performance of Saggar Steels.

Saggar Steels Private Limited, for the financial year ended 2015, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 6411.07% decrease in profit. The company's net worth dipped by a decrease of 3.63%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
-0.51%
Profit or Loss
-6411.07%
Net Worth
-3.63%
EBITDA

What is the Ownership and Shareholding Structure of Saggar Steels?

In 2015, Saggar Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 Cr

Satisfied Charges

₹5.35 Cr

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2011Punjab & Sind Bank₹4.50 CrOpen
30 Jan 2008Union Bank Of India₹6.00 MSatisfied
09 Oct 2007Union Bank Of India₹4.00 CrSatisfied
25 Jul 2005State Bank Of Patiala₹7.50 MSatisfied

How Many Employees Work at Saggar Steels?

Unlock and access historical data on people associated with Saggar Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saggar Steels, 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 Saggar Steels'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 Saggar Steels

Recent activity within the organization

  • Annual General Meeting

    Saggar Steels Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    Saggar Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Chandigarh.

    31 Mar 2015

  • Charges

    A charge registered on 30 Jan 2008 via Charge ID 10092250 with Union Bank Of India was fully satisfied on 31 Jan 2012.

    31 Jan 2012

  • Charges

    A charge registered on 09 Oct 2007 via Charge ID 10078768 with Union Bank Of India was fully satisfied on 31 Jan 2012.

    31 Jan 2012

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 4.50 Cr with Charge ID 10329553 was registered on 23 Nov 2011.

    23 Nov 2011

  • Charges

    A charge with Union Bank Of India of Rs. 4.00 Cr registered on 09 Oct 2007 with Charge ID 10078768 was modified on 07 Jan 2011.

    07 Jan 2011

Frequently asked questions

  • Saggar Steels Private Limited was incorporated on 31 Mar 2005.

  • The authorized share capital of Saggar Steels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.10 M.

  • Currently 2 directors are associated with Saggar Steels Private Limited.

    • Vivek Sahni
    • Abhimanyu Sahni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saggar Steels Private Limited is G T Roadsirhind Side Mandi Gobindgarh India, Distt Fatehgarh Sahib, Punjab, 147301.

  • The corporate identification number (CIN) of Saggar Steels Private Limited is U27100PB2005PTC028185 and the company number is 028185 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2015 indicates that The net worth of Saggar Steels Private Limited has experienced an downturn of -3.63%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Saggar Steels Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Saggar Steels Private Limited was filed with the ROC on 31 Mar 2015.

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