Sainest Tubes Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 2.05 Cr
- Company Age 36 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 130.02 Cr
- Satisfied Charges ₹ 137.91 Cr
- Revenue Growth 44.62%
- Profit Growth 137.65%
- Ebitda 110.08%
- Net Worth 26.96%
- Total Assets 28.88%
About Sainest Tubes
Sainest Tubes Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 1988 and has a history of 36 years and three months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Manufacturing 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 2.05 Cr.
The company currently has active open charges totaling ₹130.02 Cr. The company has closed loans amounting to ₹137.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kaushal Bellani, Parshotam Bellani, Ishwar Bajaj, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28999GJ1988PTC011615
- Company No.
011615
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Dec 1988
- Date of AGM
08 Jan 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Sainest Tubes Private Limited offer?
Sainest Tubes Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Stainless Steel Pipes, Fuel Injection System & Assemblies, Fuel Injection Parts & Fuel System, Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts.
Who are the key members and board of directors at Sainest Tubes?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ishwar Bajaj  | Director | 01-Jan-1990 | Current |
| Kaushal Bellani | Director | 01-Jul-2012 | Current |
| Parshotam Bellani | Whole-Time Director | 09-Dec-1988 | Current |
| Siddharth Bajaj | Director | 19-Apr-2018 | Current |
| Nari Matai | Director | 01-Aug-1991 | Current |
Financial Performance of Sainest Tubes.
Sainest Tubes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.62% increase. The company also saw a substantial improvement in profitability, with a 137.65% increase in profit. The company's net worth Soared by an impressive increase of 26.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sainest Tubes?
In 2023, Sainest Tubes had a promoter holding of 77.02% and a public holding of 22.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
United Sindhis International ForumParshotam Bellani is a mutual person
Charges (Loans)
Open Charges
₹130.02 Cr
Satisfied Charges
₹137.91 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 89.45 Cr
- Yes Bank Limited : 40.00 Cr
- Gujarat State Financial Corpn. : 0.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2024 | Yes Bank Limited | ₹40.00 Cr | Open |
| 30 Dec 2021 | Axis Bank Limited | ₹4.16 Cr | Open |
| 10 Sep 2018 | Axis Bank Limited | ₹85.29 Cr | Open |
| 28 Aug 1992 | Gujarat State Financial Corpn. | ₹5.75 M | Open |
| 07 Jul 2007 | Dena Bank | ₹4.55 Cr | Satisfied |
How Many Employees Work at Sainest Tubes?
Sainest Tubes has a workforce of 67 employees as of Apr 08, 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 Sainest Tubes, 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 Sainest Tubes'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.
Latest Updates, News, and FAQs on Sainest Tubes
Recent activity within the organization
- Charges
A charge with Yes Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100880495 was registered on 05 Mar 2024.
- Annual General Meeting
Sainest Tubes Private Limited last Annual general meeting of members was held on 08 Jan 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 85.29 Cr registered on 10 Sep 2018 with Charge ID 100204548 was modified on 29 Aug 2023.
- Balance Sheet
Sainest Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited of Rs. 4.16 Cr registered on 30 Dec 2021 with Charge ID 100533995 was modified on 26 May 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 4.16 Cr with Charge ID 100533995 was registered on 30 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Sainest Tubes Private Limited?
Sainest Tubes Private Limited was incorporated on 09 Dec 1988.
What is authorized share capital and paid-up capital of Sainest Tubes Private Limited?
The authorized share capital of Sainest Tubes Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.05 Cr.
Who are the current board members & directors of Sainest Tubes Private Limited?
Currently 5 directors are associated with Sainest Tubes Private Limited.
- Kaushal Parshotam Bellani
- Parshotam Bellani
- Ishwar Bajaj
- Siddharth Ishwar Bajaj
- Nari Madhavdas Matai
What is the registered address of Sainest Tubes Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sainest Tubes Private Limited is A-404 S. G. Business Hub S. G. Highway, Ahmedabad, Gujarat, India, 382470.
What is the corporate identification number (CIN) and company number of Sainest Tubes Private Limited?
The corporate identification number (CIN) of Sainest Tubes Private Limited is U28999GJ1988PTC011615 and the company number is 011615 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sainest Tubes Private Limited?
The Official website of Sainest Tubes Private Limited is https://www.sainest.com
What has been the recent revenue trend for Sainest Tubes Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sainest Tubes Private Limited has risen by 44.62%.
How many employees does Sainest Tubes Private Limited currently have?
As Per 2023 financial reports, 67 employees are currently employed by Sainest Tubes Private Limited.
What change has been observed in the net worth of Sainest Tubes Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sainest Tubes Private Limited has experienced an upsurge of 26.96%.
What are the total open charges for Sainest Tubes Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sainest Tubes Private Limited amount to ₹ 130.02 Cr.
When was the last Balance Sheet of Sainest Tubes Private Limited filed with the ROC?
The most recent Balance Sheet for Sainest Tubes Private Limited was filed with the ROC on 31 Mar 2023.
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