Saico Cranes Private Limited

Manufacturer and marketer of various cranes, trolleys, and material handling equipment for diverse clientele.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Saico Cranes Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.70 Cr
  • Satisfied Charges ₹ 0.75 M
  • Revenue Growth 33.41%
  • Profit Growth 350.39%
  • Ebitda 59.36%
  • Net Worth 14.28%
  • Total Assets -23.80%

About Saico Cranes

Saico Cranes Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 2004 and has a history of 20 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹18.70 Cr. The company has closed loans amounting to ₹0.75 M, as per Ministry of Corporate Affairs (MCA) records.

Harish Alimchandani, Kanta Alimchandani, and Jaideep Alimchandani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saicocranes.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29241MH2004PTC145376

  • Company No.

    145376

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2004

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Saico Cranes Private Limited offer?

Saico Cranes Private Limited offers a wide range of products and services, including Clamps and Clamping Equipment, Clamps, Cranes, Forklift & Lifting Machines, Crane Trolley, EOT Cranes, Double Girder EOT Cranes, Gantry Crane, Single Girder Gantry Crane, Overhead Crane, Carts, Dollies & Trolleys.

Who are the key members and board of directors at Saico Cranes?

Executive Team (1)

NameDesignationAppointment DateStatus
Harish Alimchandani Country flag representing In Managing Director29-Mar-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Kanta Alimchandani Country flag representing In Director 29-Mar-2004Current
Jaideep Alimchandani Country flag representing In Director 29-Mar-2004Current

Financial Performance of Saico Cranes.

Saico Cranes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.41% increase. The company also saw a substantial improvement in profitability, with a 350.39% increase in profit. The company's net worth Soared by an impressive increase of 14.28%.

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
33.41%
Revenue from Operations
33.60%
Total Assets
-23.80%
Profit or Loss
350.39%
Net Worth
14.28%
EBITDA
59.36%

What is the Ownership and Shareholding Structure of Saico Cranes?

In 2023, Saico Cranes 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

₹186.99 M

Satisfied Charges

₹0.75 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 18.70 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2021Canara Bank₹3.80 MOpen
24 Aug 2020Canara Bank₹7.69 MOpen
28 Jun 2016Canara Bank₹5.00 CrOpen
30 Mar 2009Canara Bank₹12.55 CrOpen
24 Jan 2007Canara Bank₹0.75 MSatisfied

How Many Employees Work at Saico Cranes?

Saico Cranes has a workforce of 152 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saico Cranes, 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 Saico Cranes'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 Saico Cranes

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 125.50 M registered on 30 Mar 2009 with Charge ID 10156571 was modified on 15 Apr 2024.

    15 Apr 2024

  • Annual General Meeting

    Saico Cranes Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Saico Cranes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 3.80 M with Charge ID 100513908 was registered on 30 Nov 2021.

    30 Nov 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 7.69 M with Charge ID 100386349 was registered on 24 Aug 2020.

    24 Aug 2020

  • Charges

    A charge registered on 24 Jan 2007 via Charge ID 10041200 with Canara Bank was fully satisfied on 24 Apr 2018.

    24 Apr 2018

Frequently asked questions

  • Saico Cranes Private Limited was incorporated on 29 Mar 2004.

  • The authorized share capital of Saico Cranes Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Saico Cranes Private Limited.

    • Harish Khubchand Alimchandani
    • Kanta Harish Alimchandani
    • Jaideep Harish Alimchandani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saico Cranes Private Limited is 515 Marathon Max Goregaon Link Road, (West) India, Mulund, Maharashtra, 400080.

  • The corporate identification number (CIN) of Saico Cranes Private Limited is U29241MH2004PTC145376 and the company number is 145376 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saico Cranes Private Limited is https://www.saicocranes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saico Cranes Private Limited has risen by 33.41%.

  • As Per 2023 financial reports, 152 employees are currently employed by Saico Cranes Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saico Cranes Private Limited has experienced an upsurge of 14.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saico Cranes Private Limited amount to ₹ 18.70 Cr.

  • The most recent Balance Sheet for Saico Cranes Private Limited was filed with the ROC on 31 Mar 2023.

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