Saivijay Pragati Steel Udyog Private Limited
Manufactures DRI with 30,000 MTPA capacity in Hospet, Karnataka, owned by Mr. Srinivasulu Setty.
2004 | Hospet, Karnataka (India) | Active
Saivijay Pragati Steel Udyog Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 8.87 Cr
- Company Age 20 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 65.08 Cr
- Satisfied Charges ₹ 53.22 Cr
- Revenue Growth 2.19%
- Profit Growth -62.36%
- Ebitda -31.51%
- Net Worth 15.16%
- Total Assets -5.36%
About Saivijay Pragati Steel Udyog
Saivijay Pragati Steel Udyog Private Limited (SPSUPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 August 2004 and has a history of 20 years and seven months. Its registered office is in Hospet, Karnataka, India.
The Corporate was formerly known as Pragati Steel Udyog Private Limited. 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 12.00 Cr and a paid-up capital of Rs 8.87 Cr.
The company currently has active open charges totaling ₹65.08 Cr. The company has closed loans amounting to ₹53.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Siddam Ramya, Santosh Setty, and Geetha Srinivasulu serve as directors at the Company.
Company Details
- Location
Hospet, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27320KA2004PTC034423
- Company No.
034423
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Aug 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Who are the key members and board of directors at Saivijay Pragati Steel Udyog?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santosh Setty  | Managing Director | 01-Sep-2011 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Siddam Ramya | Director | 16-Feb-2016 | Current |
| Geetha Srinivasulu | Director | 26-Nov-2005 | Current |
Financial Performance of Saivijay Pragati Steel Udyog.
Saivijay Pragati Steel Udyog Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.19% increase. The company also saw a substantial fall in profitability, with a 62.36% decrease in profit. The company's net worth Soared by an impressive increase of 15.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Saivijay Pragati Steel Udyog?
In 2023, Saivijay Pragati Steel Udyog had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Saivijay Pragati Ispat Llp
Siddam Ramya, Santosh Setty and 1 more are mutual person
- Shivaanshi Exports Private Limited
Siddam Ramya and Santosh Setty are mutual person
- Shree Padmanabh Ispat Private Limited
Siddam Ramya and Santosh Setty are mutual person
Charges (Loans)
Open Charges
₹65.08 Cr
Satisfied Charges
₹53.22 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 60.06 Cr
- Others : 4.05 Cr
- Axis Bank Limited : 0.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2023 | Hdfc Bank Limited | ₹1.75 M | Open |
| 29 Apr 2023 | Others | ₹4.05 Cr | Open |
| 28 Oct 2022 | Hdfc Bank Limited | ₹2.33 M | Open |
| 05 Jan 2022 | Axis Bank Limited | ₹9.73 M | Open |
| 28 Jun 2021 | Hdfc Bank Limited | ₹59.65 Cr | Open |
How Many Employees Work at Saivijay Pragati Steel Udyog?
Saivijay Pragati Steel Udyog has a workforce of 114 employees as of Apr 10, 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 Saivijay Pragati Steel Udyog, 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 Saivijay Pragati Steel Udyog'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 Saivijay Pragati Steel Udyog
Recent activity within the organization
- Annual General Meeting
Saivijay Pragati Steel Udyog Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100764999 was registered on 22 Aug 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 59.65 Cr registered on 28 Jun 2021 with Charge ID 100457590 was modified on 29 Jun 2023.
- Charges
A charge with Others amounted to Rs. 4.05 Cr with Charge ID 100741082 was registered on 29 Apr 2023.
- Balance Sheet
Saivijay Pragati Steel Udyog Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100629881 was registered on 28 Oct 2022.
Frequently asked questions
What is the Incorporation or founding date of Saivijay Pragati Steel Udyog Private Limited?
Saivijay Pragati Steel Udyog Private Limited was incorporated on 02 Aug 2004.
What is authorized share capital and paid-up capital of Saivijay Pragati Steel Udyog Private Limited?
The authorized share capital of Saivijay Pragati Steel Udyog Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.87 Cr.
Who are the current board members & directors of Saivijay Pragati Steel Udyog Private Limited?
Currently 3 directors are associated with Saivijay Pragati Steel Udyog Private Limited.
- Siddam Setty Ramya
- Santosh Srinivasulu Siddam Setty
- Geetha Srinivasulu
What is the registered address of Saivijay Pragati Steel Udyog Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Saivijay Pragati Steel Udyog Private Limited is Old Income Tax Building Near Sahakari Kalyana Mantap N.C.Colony, Hospet, Karnataka, India, 583201.
What is the corporate identification number (CIN) and company number of Saivijay Pragati Steel Udyog Private Limited?
The corporate identification number (CIN) of Saivijay Pragati Steel Udyog Private Limited is U27320KA2004PTC034423 and the company number is 034423 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Saivijay Pragati Steel Udyog Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Saivijay Pragati Steel Udyog Private Limited has risen by 2.19%.
How many employees does Saivijay Pragati Steel Udyog Private Limited currently have?
As Per 2023 financial reports, 114 employees are currently employed by Saivijay Pragati Steel Udyog Private Limited.
What change has been observed in the net worth of Saivijay Pragati Steel Udyog Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Saivijay Pragati Steel Udyog Private Limited has experienced an upsurge of 15.16%.
What are the total open charges for Saivijay Pragati Steel Udyog Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Saivijay Pragati Steel Udyog Private Limited amount to ₹ 65.08 Cr.
When was the last Balance Sheet of Saivijay Pragati Steel Udyog Private Limited filed with the ROC?
The most recent Balance Sheet for Saivijay Pragati Steel Udyog Private Limited was filed with the ROC on 31 Mar 2023.
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