Salasaar Steel Industries Limited

Distributes steel tubes for various industries, including cement, sugar, and petrochemical.

2012 | Hyderabad, Telangana (India) | Active
Last Updated: December 05, 2024

Salasaar Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.19 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.66 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 87.73%
  • Profit Growth 21914.82%
  • Ebitda -290.58%
  • Net Worth 2.86%
  • Total Assets 55.42%

About Salasaar Steel Industries

Salasaar Steel Industries Limited (SSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 March 2012 and has a history of 12 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Salasar Industries India 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 2021. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 1.19 Cr.

The company currently has active open charges totaling ₹5.66 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishna Kabra, Sandhya Kabra, and Vidhi Kabra serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310TG2012PLC079802

  • Company No.

    079802

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 2012

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

What products or services does Salasaar Steel Industries Limited offer?

Salasaar Steel Industries Limited offers a wide range of products and services, including Boilers & Boiler Parts, Boiler Accessories, Aluminum, Brass, Bronze Pipes, Iron Pipe, Steel Pipes, Cold Rolled Tube.

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

Board Members (3)

Name Designation Appointment Date Status
Krishna Kabra Country flag representing In Director 16-Mar-2012 Current
Sandhya Kabra Country flag representing In Director 16-Mar-2012 Current
Vidhi Kabra Country flag representing In Additional Director 28-Sep-2023 Current

Financial Performance of Salasaar Steel Industries.

Salasaar Steel Industries Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 87.73% increase. The company also saw a substantial improvement in profitability, with a 21914.82% increase in profit. The company's net worth moved up by a moderate rise of 2.86%.

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
87.73%
Revenue from Operations
87.71%
Total Assets
55.42%
Profit or Loss
21914.82%
Net Worth
2.86%
EBITDA
-290.58%

What is the Ownership and Shareholding Structure of Salasaar Steel Industries?

In 2021, Salasaar 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

₹5.66 Cr

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 5.66 Cr

Latest Charge Details

Date Lender Amount Status
22 Nov 2017 City Union Bank Limited ₹5.66 Cr Open
12 Dec 2012 Others ₹4.00 Cr Satisfied

How Many Employees Work at Salasaar Steel Industries?

Unlock and access historical data on people associated with Salasaar Steel Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salasaar 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 Salasaar 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 Salasaar Steel Industries

Recent activity within the organization

  • Director Appointment

    Vidhi Kabra was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2023 & has been associated with this company since 1 year 4 months .

    28 Sep 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 5.66 Cr registered on 22 Nov 2017 with Charge ID 100156158 was modified on 28 Mar 2022.

    28 Mar 2022

  • Annual General Meeting

    Salasaar Steel Industries Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Salasaar Steel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Charges

    A charge registered on 12 Dec 2012 via Charge ID 10395944 with Others was fully satisfied on 08 Dec 2017.

    08 Dec 2017

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.66 Cr with Charge ID 100156158 was registered on 22 Nov 2017.

    22 Nov 2017

Frequently asked questions

  • Salasaar Steel Industries Limited was incorporated on 16 Mar 2012.

  • The authorized share capital of Salasaar Steel Industries Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.19 Cr.

  • Currently 3 directors are associated with Salasaar Steel Industries Limited.

    • Krishna Kumar Kabra
    • Sandhya Kabra
    • Vidhi Kabra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salasaar Steel Industries Limited is 302 Shri Mahalaxmi Fortune 10-2-274/1, West Maredpally India, Secunderabad, Telangana, 500003.

  • The corporate identification number (CIN) of Salasaar Steel Industries Limited is U27310TG2012PLC079802 and the company number is 079802 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salasaar Steel Industries Limited is https://www.salasarindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Salasaar Steel Industries Limited has risen by 87.73%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Salasaar Steel Industries Limited has experienced an upsurge of 2.86%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Salasaar Steel Industries Limited amount to ₹ 5.66 Cr.

  • The most recent Balance Sheet for Salasaar Steel Industries Limited was filed with the ROC on 31 Mar 2021.

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