Saketh Seven Star Industries Limited

Manufacturer of engineering products, fasteners, and coatings for various industries.

2019 | Thane, Maharashtra (India) | Active
Last Updated: December 29, 2024

Saketh Seven Star Industries Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 6.76 Cr
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.92 Cr
  • Satisfied Charges ₹ 4.91 Cr
  • Revenue Growth 2373.83%
  • Profit Growth 228.08%
  • Ebitda 254.99%
  • Net Worth 800.73%
  • Total Assets 882.12%

About Saketh Seven Star Industries

Saketh Seven Star Industries Limited (SSSIL) is a Public Limited Indian Non-Government Company incorporated in India on 09 October 2019 (Five years and four months 16 days old ). Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Saketh Seven Star Industries Private Limited. The Company is engaged in the Machinery And Equipment 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 11.00 Cr and a paid-up capital of Rs 6.76 Cr.

The company currently has active open charges totaling ₹18.92 Cr. The company has closed loans amounting to ₹4.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saketh Seven Star Industries Limited India is Shailesh Kargutkar as CFO. Smita Patel, Firdose Vandrevala, Sanjay Patel, and Five other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sakethexim.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27300MH2019PLC331404

  • Company No.

    331404

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Engineering

What products or services does Saketh Seven Star Industries Limited offer?

Saketh Seven Star Industries Limited offers a wide range of products and services, including Nails, Fasteners, Rivets & Shackles, Studs, Moulds, Jigs and Casting Dies, Metal Die, Clamps and Clamping Equipment, Clamps, Metal Finishing & Coating Services, Electroplating Services, Coating Services, Metal Pipe & Plumbing Fittings.

Who are the key members and board of directors at Saketh Seven Star Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Shailesh Kargutkar CFO26-Jun-2024Current
Shabbir Merchant Country flag representing In Managing Director17-Aug-2020Current

Board Members (7)

NameDesignationAppointment DateStatus
Sanjay Patel Country flag representing In Director 09-Oct-2019Current
Firdose Vandrevala Country flag representing In Additional Director 15-Apr-2024Current
Smita Patel Country flag representing In Director 22-May-2023Current
Jasbir Anand Country flag representing In Director 15-Nov-2019Current
Dinesh Notiyal Country flag representing In Director 23-Aug-2023Current
Fatema Kachwala Country flag representing In Director 12-Jul-2023Current

Financial Performance of Saketh Seven Star Industries.

Saketh Seven Star Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2373.83% increase. The company also saw a substantial improvement in profitability, with a 228.08% increase in profit. The company's net worth Soared by an impressive increase of 800.73%.

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
2373.83%
Revenue from Operations
2372.53%
Total Assets
882.12%
Profit or Loss
228.08%
Net Worth
800.73%
EBITDA
254.99%

What is the Ownership and Shareholding Structure of Saketh Seven Star Industries?

In 2022, Saketh Seven Star Industries had a promoter holding of 80.78% and a public holding of 19.23%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.92 Cr

Satisfied Charges

₹4.91 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 17.37 Cr
  • Hdfc Bank Limited : 1.14 Cr
  • Others : 0.41 Cr

Latest Charge Details

DateLenderAmountStatus
02 May 2024Hdfc Bank Limited₹1.96 MOpen
02 May 2024Hdfc Bank Limited₹1.96 MOpen
23 Jan 2024Others₹4.10 MOpen
04 Oct 2023Hdfc Bank Limited₹7.45 MOpen
14 Nov 2022State Bank Of India₹17.37 CrOpen

How Many Employees Work at Saketh Seven Star Industries?

Saketh Seven Star Industries has a workforce of 0 employees as of Mar 27, 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 Saketh Seven Star 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 Saketh Seven Star 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 Saketh Seven Star Industries

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 17.37 Cr registered on 14 Nov 2022 with Charge ID 100649229 was modified on 05 Nov 2024.

    05 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Shailesh Manohar Kargutkar was appointed as a Cfo was appointed as a Cfo on 26 Jun 2024 & has been associated with this company since 7 months 28 days .

    26 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100929120 was registered on 02 May 2024.

    02 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100930887 was registered on 02 May 2024.

    02 May 2024

  • Director Appointment

    Firdose Vandrevala was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2024 & has been associated with this company since 10 months 8 days .

    15 Apr 2024

Frequently asked questions

  • Saketh Seven Star Industries Limited was incorporated on 09 Oct 2019.

  • The authorized share capital of Saketh Seven Star Industries Limited is ₹ 11.00 Cr and paid-up capital is ₹ 6.76 Cr.

  • Currently 9 directors are associated with Saketh Seven Star Industries Limited.

    • Smita Sanjay Patel
    • Firdose Vandrevala
    • Sanjay Jashbhai Patel
    • Jasbir Singh Jaswant Singh Anand
    • Shailesh Manohar Kargutkar
    • Shabbir Huseni Merchant
    • Dinesh Chander Notiyal
    • Fatema Shabbir Kachwala
    • Shalin Sanjay Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saketh Seven Star Industries Limited is D-146/147 Midc Ttc Indl Estate Opp Balmer Lawrie, Vanleer Turbhe India, Navi Mumbai, Maharashtra, 400703.

  • The corporate identification number (CIN) of Saketh Seven Star Industries Limited is U27300MH2019PLC331404 and the company number is 331404 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saketh Seven Star Industries Limited is https://www.sakethexim.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saketh Seven Star Industries Limited has risen by 2373.83%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saketh Seven Star Industries Limited has experienced an upsurge of 800.73%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Saketh Seven Star Industries Limited amount to ₹ 18.92 Cr.

  • The most recent Balance Sheet for Saketh Seven Star Industries Limited was filed with the ROC on 31 Mar 2024.

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