Salasar Alloy And Steel Industries Private Limited

Manufactures and trades drawn and galvanized wires, metal and minerals.

2004 | Nagpur, Maharashtra (India) | Active
Last Updated: December 03, 2024

Salasar Alloy And Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 75.27 Cr
  • Satisfied Charges ₹ 6.08 Cr
  • Revenue Growth 71.08%
  • Profit Growth 123.64%
  • Ebitda 45.94%
  • Net Worth 76.74%
  • Total Assets 42.08%

About Salasar Alloy And Steel Industries

Salasar Alloy And Steel Industries Private Limited (SAASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2004 and has a history of 20 years and five months. Its registered office is in Nagpur, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.96 Cr.

The company currently has active open charges totaling ₹75.27 Cr. The company has closed loans amounting to ₹6.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shrawankumar Malu, Radheshyam Malu, and Bharat Malu serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2004PTC148222

  • Company No.

    148222

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Salasar Alloy And Steel Industries Private Limited offer?

Salasar Alloy And Steel Industries Private Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Hair Care Cosmetics, Bakery & Confectionery Products, Chocolate Snacks, Metal and Alloy Wires, Binding Wire, Bindi & Body Beautification Products, Hair Pins, Filling Machines & Plants, Filling Machines.

Who are the key members and board of directors at Salasar Alloy And Steel Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Shrawankumar Malu Country flag representing In Director 25-Aug-2004Current
Radheshyam Malu Country flag representing In Whole-Time Director 01-Apr-2008Current
Bharat Malu Country flag representing In Whole-Time Director 01-Apr-2020Current

Financial Performance of Salasar Alloy And Steel Industries.

Salasar Alloy And Steel Industries Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 71.08% increase. The company also saw a substantial improvement in profitability, with a 123.64% increase in profit. The company's net worth Soared by an impressive increase of 76.74%.

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
71.08%
Revenue from Operations
71.48%
Total Assets
42.08%
Profit or Loss
123.64%
Net Worth
76.74%
EBITDA
45.94%

What is the Ownership and Shareholding Structure of Salasar Alloy And Steel Industries?

In 2020, Salasar Alloy And Steel Industries 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

₹75.27 Cr

Satisfied Charges

₹6.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 71.71 Cr
  • Tata Capital Financial Services Limited : 3.00 Cr
  • Hdfc Bank Limited : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2023Tata Capital Financial Services Limited₹3.00 CrOpen
14 Sep 2022Hdfc Bank Limited₹1.62 MOpen
02 Nov 2021Hdfc Bank Limited₹4.00 MOpen
15 Jan 2014Others₹71.71 CrOpen
29 Nov 2012Axis Bank Limited₹0.83 MSatisfied

How Many Employees Work at Salasar Alloy And Steel Industries?

Salasar Alloy And Steel Industries has a workforce of 57 employees as of Mar 31, 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 Salasar Alloy And Steel 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 Salasar Alloy And Steel 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 Salasar Alloy And Steel Industries

Recent activity within the organization

  • Annual General Meeting

    Salasar Alloy And Steel Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Salasar Alloy And Steel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 3.00 Cr with Charge ID 100708334 was registered on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100620820 was registered on 14 Sep 2022.

    14 Sep 2022

  • Charges

    A charge with Others of Rs. 71.71 Cr registered on 15 Jan 2014 with Charge ID 10480685 was modified on 26 Apr 2022.

    26 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100501473 was registered on 02 Nov 2021.

    02 Nov 2021

Frequently asked questions

  • Salasar Alloy And Steel Industries Private Limited was incorporated on 25 Aug 2004.

  • The authorized share capital of Salasar Alloy And Steel Industries Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.96 Cr.

  • Currently 3 directors are associated with Salasar Alloy And Steel Industries Private Limited.

    • Shrawankumar Ramlal Malu
    • Radheshyam Purushottam Malu
    • Bharat Shrawankumar Malu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salasar Alloy And Steel Industries Private Limited is Heeraplaza4Thfloorneartelephoneexchangecentralavenue India, Nagpur-, Maharashtra, 440008.

  • The corporate identification number (CIN) of Salasar Alloy And Steel Industries Private Limited is U27100MH2004PTC148222 and the company number is 148222 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salasar Alloy And Steel Industries Private Limited is https://www.salasarsteels.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Salasar Alloy And Steel Industries Private Limited has risen by 71.08%.

  • As Per 2019 financial reports, 57 employees are currently employed by Salasar Alloy And Steel Industries Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Salasar Alloy And Steel Industries Private Limited has experienced an upsurge of 76.74%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Salasar Alloy And Steel Industries Private Limited amount to ₹ 75.27 Cr.

  • The most recent Balance Sheet for Salasar Alloy And Steel Industries Private Limited was filed with the ROC on 31 Mar 2023.

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