Saket Steels Limited

This company specializes in manufacturing and processing iron and steel products, including billets and re-rolled sections.

1986 | Delhi (India) | Active
Last Updated: December 28, 2024

Saket Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.90 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth -98.10%
  • Profit Growth 99.25%
  • Ebitda 99.51%
  • Net Worth -0.30%
  • Total Assets -2.32%

About Saket Steels

Saket Steels Limited (SSL) is a Public Limited Indian Non-Government Company incorporated in India on 17 April 1986 and has a history of 38 years and nine months. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.90 Cr.

The company currently has active open charges totaling ₹3.00 Cr.

Manoj Aggarwal, Atul Agrawal, and Manish Agrawal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109DL1986PLC023964

  • Company No.

    023964

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Saket Steels Limited offer?

Saket Steels Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Wheel Rim, Automobile Fittings & Components, Automotive Shafts, Forgings, Forging Parts & Supplies, Metal Forgings, Machine & Precision Tools, Spindles, Ball Bearing Assemblies & Components, Bearing Parts.

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

Board Members (3)

Name Designation Appointment Date Status
Manoj Aggarwal Country flag representing In Director 17-Apr-1986 Current
Atul Agrawal Country flag representing In Director 04-Apr-2023 Current
Manish Agrawal Country flag representing In Director 02-Sep-2011 Current

Financial Performance of Saket Steels.

Saket Steels Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 98.1% decrease. The company also saw a substantial improvement in profitability, with a 99.25% increase in profit. The company's net worth dipped by a decrease of 0.3%.

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
-98.10%
Revenue from Operations
Total Assets
-2.32%
Profit or Loss
99.25%
Net Worth
-0.30%
EBITDA
99.51%

What is the Ownership and Shareholding Structure of Saket Steels?

In 2019, Saket Steels 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

₹3.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Corporation Bank : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2013 Corporation Bank ₹3.00 Cr Open

How Many Employees Work at Saket Steels?

Saket Steels has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saket 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 Saket 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 Saket Steels

Recent activity within the organization

  • Annual General Meeting

    Saket Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Saket Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Atul Kumar Agrawal was appointed as a Director was appointed as a Director on 04 Apr 2023 & has been associated with this company since 1 year 10 months .

    04 Apr 2023

  • Charges

    A charge with Corporation Bank amounted to Rs. 3.00 Cr with Charge ID 10402621 was registered on 30 Jan 2013.

    30 Jan 2013

  • Director Appointment

    Manish Kumar Agrawal was appointed as a Director was appointed as a Director on 02 Sep 2011 & has been associated with this company since 13 years 5 months .

    02 Sep 2011

  • Director Appointment

    Manoj Kumar Aggarwal was appointed as a Director was appointed as a Director on 17 Apr 1986 & has been associated with this company since 38 years 9 months .

    17 Apr 1986

Frequently asked questions

  • Saket Steels Limited was incorporated on 17 Apr 1986.

  • The authorized share capital of Saket Steels Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.90 Cr.

  • Currently 3 directors are associated with Saket Steels Limited.

    • Manoj Kumar Aggarwal
    • Atul Kumar Agrawal
    • Manish Kumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saket Steels Limited is 21 Deepak Building 2Nd Floor 13 Nehru Place, India, New Delhi, 110019.

  • The corporate identification number (CIN) of Saket Steels Limited is U27109DL1986PLC023964 and the company number is 023964 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Saket Steels Limited has fallen by -98.10%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Saket Steels Limited has experienced an downturn of -0.30%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Saket Steels Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Saket Steels Limited was filed with the ROC on 31 Mar 2024.

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