Saicon Steels Private Limited

Structural metal product manufacturing company based in Mumbai, Maharashtra.

2003 | Mumbai, Maharashtra (India) | Inactive
Last Updated: January 16, 2025

Saicon Steels Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.45 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 43.38 Cr
  • Revenue Growth 120.66%
  • Profit Growth 78.78%
  • Ebitda 98.45%
  • Net Worth -14.03%
  • Total Assets -0.31%

About Saicon Steels

Saicon Steels Private Limited (SSPL) is Dissolved (Liquidated) company established on 11 Dec 2003 with its office registered at Mumbai, Maharashtra, India and has been running since 21 Year, 1 Month with a paid up capital of 4.45 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2003PTC143498

  • Company No.

    143498

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2003

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Shyamsunder Agarwal Country flag representing In Director 11-Dec-2003 Current
Ramprasad Joshi Country flag representing In Additional Director 01-Oct-2013 Current
Dinkar Maruti Country flag representing In Additional Director 24-Nov-2016 Current

Financial Performance of Saicon Steels.

Saicon Steels Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 120.66% increase. The company also saw a substantial improvement in profitability, with a 78.78% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.03%.

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
120.66%
Revenue from Operations
Total Assets
-0.31%
Profit or Loss
78.78%
Net Worth
-14.03%
EBITDA
98.45%

What is the Ownership and Shareholding Structure of Saicon Steels?

In 2016, Saicon Steels had a promoter holding of 49.00% and a public holding of 51.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.38 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 39.38 Cr
  • Small Industries Development Bank Of India : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Apr 2005 Canara Bank ₹39.38 Cr Open
10 Nov 2004 Small Industries Development Bank Of India ₹4.00 Cr Open

How Many Employees Work at Saicon Steels?

Unlock and access historical data on people associated with Saicon 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 Saicon 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 Saicon 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 Saicon Steels

Recent activity within the organization

  • Director Appointment

    Dinkar Gajdhane Maruti was appointed as a Additional Director was appointed as a Additional Director on 24 Nov 2016 & has been associated with this company since 8 years 2 months .

    24 Nov 2016

  • Annual General Meeting

    Saicon Steels Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Saicon Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

    31 Mar 2016

  • Director Appointment

    Ramprasad Savlaram Joshi was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2013 & has been associated with this company since 11 years 4 months .

    01 Oct 2013

  • Charges

    A charge with Canara Bank of Rs. 39.38 Cr registered on 15 Apr 2005 with Charge ID 80039276 was modified on 13 May 2013.

    13 May 2013

  • Charges

    A charge with Canara Bank amounted to Rs. 39.38 Cr with Charge ID 80039276 was registered on 15 Apr 2005.

    15 Apr 2005

Recent News, Updates & Announcement

Frequently asked questions

  • Saicon Steels Private Limited was incorporated on 11 Dec 2003.

  • The authorized share capital of Saicon Steels Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.45 Cr.

  • Currently 3 directors are associated with Saicon Steels Private Limited.

    • Shyamsunder Vishwanath Agarwal
    • Ramprasad Savlaram Joshi
    • Dinkar Gajdhane Maruti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saicon Steels Private Limited is Gala No-8-B D'Souzacompound Tilak Nagar Sakinaka India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Saicon Steels Private Limited is U27100MH2003PTC143498 and the company number is 143498 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saicon Steels Private Limited is https://www.innoventive.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Saicon Steels Private Limited has risen by 120.66%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Saicon Steels Private Limited has experienced an downturn of -14.03%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Saicon Steels Private Limited amount to ₹ 43.38 Cr.

  • The most recent Balance Sheet for Saicon Steels Private Limited was filed with the ROC on 31 Mar 2016.

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