Sal Technologies & Solutions Limited

Software development company providing HRMS, web and mobile development, CRM, ERP, and business intelligence services.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: July 02, 2024

Sal Technologies & Solutions Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 1.03 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 65.00 Cr
  • Revenue Growth -48.68%
  • Profit Growth -71.10%
  • Ebitda -248.01%
  • Net Worth 0.43%
  • Total Assets 185.17%

About Sal Technologies & Solutions

Sal Technologies & Solutions Limited (STSL) is a Public Limited Indian Non-Government Company incorporated in India on 31 May 2004 and has a history of 20 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sal Technologies And Solutions Private Limited. The Company is engaged in the Information Technology 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 11.00 Cr and a paid-up capital of Rs 1.03 Cr.

The company has closed loans amounting to ₹65.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ananya Singh, Leelawati Singh, Anil Prakash, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U30005MH2004PLC146621

  • Company No.

    146621

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2004

  • Date of AGM

    15 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Sal Technologies & Solutions?

Board Members (4)

Name Designation Appointment Date Status
Sunil Prakash Country flag representing In Director 22-Sep-2004 Current
Ananya Singh Country flag representing In Director 31-May-2004 Current
Leelawati Singh Country flag representing In Director 01-Jul-2007 Current
Anil Prakash Country flag representing In Director 05-Dec-2005 Current

Financial Performance of Sal Technologies & Solutions.

Sal Technologies & Solutions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.68% decrease. The company also saw a substantial fall in profitability, with a 71.1% decrease in profit. The company's net worth moved up by a moderate rise of 0.43%.

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
-48.68%
Revenue from Operations
-72.14%
Total Assets
185.17%
Profit or Loss
-71.10%
Net Worth
0.43%
EBITDA
-248.01%

What is the Ownership and Shareholding Structure of Sal Technologies & Solutions?

In 2023, Sal Technologies & Solutions had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹65.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 65.00 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2022 Others ₹65.00 Cr Satisfied

How Many Employees Work at Sal Technologies & Solutions?

Sal Technologies & Solutions has a workforce of 3 employees as of Apr 06, 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 Sal Technologies & Solutions, 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 Sal Technologies & Solutions'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 Sal Technologies & Solutions

Recent activity within the organization

  • Annual General Meeting

    Sal Technologies & Solutions Limited last Annual general meeting of members was held on 15 Nov 2023 as per latest MCA records.

    15 Nov 2023

  • Charges

    A charge registered on 31 Oct 2022 via Charge ID 100642580 with Others was fully satisfied on 25 Jul 2023.

    25 Jul 2023

  • Balance Sheet

    Sal Technologies & Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 65.00 Cr with Charge ID 100642580 was registered on 31 Oct 2022.

    31 Oct 2022

  • Director Appointment

    Leelawati Singh was appointed as a Director was appointed as a Director on 01 Jul 2007 & has been associated with this company since 17 years 7 months .

    01 Jul 2007

  • Director Appointment

    Anil Prakash was appointed as a Director was appointed as a Director on 05 Dec 2005 & has been associated with this company since 19 years 1 month .

    05 Dec 2005

Frequently asked questions

  • Sal Technologies & Solutions Limited was incorporated on 31 May 2004.

  • The authorized share capital of Sal Technologies & Solutions Limited is ₹ 11.00 Cr and paid-up capital is ₹ 1.03 Cr.

  • Currently 4 directors are associated with Sal Technologies & Solutions Limited.

    • Ananya Anil Prasad Singh
    • Leelawati Singh
    • Anil Prakash
    • Sunil Prakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sal Technologies & Solutions Limited is 7047Th FloorHubtown VivaWestern Express Highway Shankarwadi Jogeshwari (East), Mumbai, Maharashtra, India, 400060.

  • The corporate identification number (CIN) of Sal Technologies & Solutions Limited is U30005MH2004PLC146621 and the company number is 146621 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sal Technologies & Solutions Limited is https://www.saltechnologies.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sal Technologies & Solutions Limited has fallen by -48.68%.

  • As Per 2023 financial reports, 3 employees are currently employed by Sal Technologies & Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sal Technologies & Solutions Limited has experienced an upsurge of 0.43%.

  • The most recent Balance Sheet for Sal Technologies & Solutions Limited was filed with the ROC on 31 Mar 2023.