Sakar Industries Private Limited

Produces aluminum products for various industries using domestically sourced scraps.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Sakar Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.85 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 146.96 Cr
  • Satisfied Charges ₹ 51.20 Cr
  • Revenue Growth 5.46%
  • Profit Growth 55.66%
  • Ebitda 21.98%
  • Net Worth 9.79%
  • Total Assets -15.47%

About Sakar Industries

Sakar Industries Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 1996 and has a history of 28 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Sakar Ferro Alloys 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.85 Cr.

The company currently has active open charges totaling ₹146.96 Cr. The company has closed loans amounting to ₹51.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohankumar Shah, Hardik Shah, and Rameshkumar Shah 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

    U27100GJ1996PTC030244

  • Company No.

    030244

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Sakar Industries Private Limited offer?

Sakar Industries Private Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Ingots, Electric Fittings & Components, Anodes, Aluminum Sheets, Aluminum Coils, Metal Bars, Abrasives & Grains, Shot Blasting Media, Metal Scrap & Waste Materials.

Company report

Sakar Industries Private Limited

Explore comprehensive data for Sakar Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sakar Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Rohankumar Shah Country flag representing In Director 13-Jun-2012Current
Hardik Shah Country flag representing In Director 01-Dec-2021Current
Rameshkumar Shah Country flag representing In Director 25-Sep-2009Current

Financial Performance of Sakar Industries.

Sakar Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.46% increase. The company also saw a substantial improvement in profitability, with a 55.66% increase in profit. The company's net worth moved up by a moderate rise of 9.79%.

Sakar Industries revenue growth over time
Sakar Industries 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
5.46%
Revenue from Operations
5.38%
Total Assets
-15.47%
Profit or Loss
55.66%
Net Worth
9.79%
EBITDA
21.98%

What is the Ownership and Shareholding Structure of Sakar Industries?

In 2023, Sakar Industries had a promoter holding of 78.35% and a public holding of 21.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹146.96 Cr

Satisfied Charges

₹51.20 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 95.33 Cr
  • Hdfc Bank Limited : 30.63 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 21.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jun 2024The Hongkong And Shanghai Banking Corporation Limited₹21.00 CrOpen
11 May 2023State Bank Of India₹1.02 MOpen
08 Feb 2021State Bank Of India₹62.93 CrOpen
30 Jul 2020State Bank Of India₹6.30 CrOpen
28 May 2020Hdfc Bank Limited₹30.63 CrOpen

How Many Employees Work at Sakar Industries?

Sakar Industries has a workforce of 9 employees as of Apr 05, 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.

Employee growth trends for Sakar Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sakar Industries, 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 Sakar Industries'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 Sakar Industries

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 62.93 Cr registered on 08 Feb 2021 with Charge ID 100421432 was modified on 11 Nov 2024.

  • Charges

    A charge with State Bank Of India of Rs. 6.30 Cr registered on 30 Jul 2020 with Charge ID 100420245 was modified on 11 Nov 2024.

  • Annual General Meeting

    Sakar Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 21.00 Cr registered on 12 Jun 2024 with Charge ID 100951379 was modified on 27 Aug 2024.

  • Charges

    A charge registered on 12 Jul 2021 via Charge ID 100463081 with Hdfc Bank Limited was fully satisfied on 07 Jul 2024.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 21.00 Cr with Charge ID 100951379 was registered on 12 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Sakar Industries Private Limited?

    Sakar Industries Private Limited was incorporated on 19 Jul 1996.

  • What is authorized share capital and paid-up capital of Sakar Industries Private Limited?

    The authorized share capital of Sakar Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.85 Cr.

  • Who are the current board members & directors of Sakar Industries Private Limited?

    Currently 3 directors are associated with Sakar Industries Private Limited.

    • Rohankumar Ramesh Shah
    • Hardik Ramesh Shah
    • Rameshkumar Rikhavchand Shah

  • What is the registered address of Sakar Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sakar Industries Private Limited is G-10 New Madhupura Market Shahibaug Road India, Ahmadabad City, Gujarat, 380004.

  • What is the corporate identification number (CIN) and company number of Sakar Industries Private Limited?

    The corporate identification number (CIN) of Sakar Industries Private Limited is U27100GJ1996PTC030244 and the company number is 030244 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sakar Industries Private Limited?

    The Official website of Sakar Industries Private Limited is https://www.sakarindustries.in

  • What has been the recent revenue trend for Sakar Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sakar Industries Private Limited has risen by 5.46%.

  • How many employees does Sakar Industries Private Limited currently have?

    As Per 2023 financial reports, 9 employees are currently employed by Sakar Industries Private Limited.

  • What change has been observed in the net worth of Sakar Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sakar Industries Private Limited has experienced an upsurge of 9.79%.

  • What are the total open charges for Sakar Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sakar Industries Private Limited amount to ₹ 146.96 Cr.

  • When was the last Balance Sheet of Sakar Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Sakar Industries Private Limited was filed with the ROC on 31 Mar 2024.

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