Salasar Laminates Limited

Manufacturer of decorative laminates with a wide range of products under various brands.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 11, 2025

Salasar Laminates Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.10 Cr
  • Company Age 23 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 57.52 Cr
  • Satisfied Charges ₹ 6.88 Cr
  • Revenue Growth 30.77%
  • Profit Growth 128.84%
  • Ebitda -43.27%
  • Net Worth 12.79%
  • Total Assets 10.44%

About Salasar Laminates

Salasar Laminates Limited (SLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 January 2002 and has a history of 23 years. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Millennium Laminates Private Limited. The Company is engaged in the Packaging 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 7.00 Cr and a paid-up capital of Rs 6.10 Cr.

The company currently has active open charges totaling ₹57.52 Cr. The company has closed loans amounting to ₹6.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishal Bhai, Amarnath Basudev, Vijay Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20212GJ2002PLC040412

  • Company No.

    040412

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Salasar Laminates Limited offer?

Salasar Laminates Limited offers a wide range of products and services, including Laminate Sheets, Decorative Laminates, Laminate Floorings, Wood Laminate Flooring, Metamorphic Stone, Marbles, Wood Laminates, Wood, Plywood, Veneer & Laminates, Transformers & Transformer Parts, Transformer Cores.

Who are the key members and board of directors at Salasar Laminates?

Board Members (4)

Name Designation Appointment Date Status
Vishal Bhai Country flag representing In Director 30-Jan-2002 Current
Amarnath Basudev Country flag representing In Director 27-Feb-2019 Current
Vijay Agarwal Country flag representing In Director 18-Nov-2008 Current
Vikas Agarwal Country flag representing In Whole-Time Director 30-Jan-2002 Current

Financial Performance of Salasar Laminates.

Salasar Laminates Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.77% increase. The company also saw a substantial improvement in profitability, with a 128.84% increase in profit. The company's net worth Soared by an impressive increase of 12.79%.

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
30.77%
Revenue from Operations
30.03%
Total Assets
10.44%
Profit or Loss
128.84%
Net Worth
12.79%
EBITDA
-43.27%

What is the Ownership and Shareholding Structure of Salasar Laminates?

In 2023, Salasar Laminates had a promoter holding of 97.79% and a public holding of 2.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.52 Cr

Satisfied Charges

₹6.88 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 57.52 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2022 Hdfc Bank Limited ₹0.90 M Open
04 Feb 2016 Hdfc Bank Limited ₹6.70 M Open
17 May 2008 Hdfc Bank Limited ₹29.37 Cr Open
08 Apr 2008 Hdfc Bank Limited ₹27.39 Cr Open
27 Jun 2003 Uco Bank ₹3.44 Cr Satisfied

How Many Employees Work at Salasar Laminates?

Salasar Laminates has a workforce of 123 employees as of Apr 07, 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 Laminates, 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 Laminates'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 Laminates

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Salasar Laminates Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 29.37 Cr registered on 17 May 2008 with Charge ID 10107454 was modified on 30 Jun 2023.

    30 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 27.39 Cr registered on 08 Apr 2008 with Charge ID 10102050 was modified on 15 Jun 2023.

    15 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100644626 was registered on 27 Sep 2022.

    27 Sep 2022

  • Director Appointment

    Amarnath Tripathi Basudev was appointed as a Director was appointed as a Director on 27 Feb 2019 & has been associated with this company since 5 years 11 months .

    27 Feb 2019

Frequently asked questions

  • Salasar Laminates Limited was incorporated on 30 Jan 2002.

  • The authorized share capital of Salasar Laminates Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.10 Cr.

  • Currently 4 directors are associated with Salasar Laminates Limited.

    • Vishal Agarwal Vijay Bhai
    • Amarnath Tripathi Basudev
    • Vijay Kumar Dindayal Agarwal
    • Vikas Vijay Bhai Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salasar Laminates Limited is 206 2Nd Floor Iscon Mall Star Bazzar Building Jodhpur Cross Road, Satellite India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Salasar Laminates Limited is U20212GJ2002PLC040412 and the company number is 040412 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salasar Laminates Limited is https://www.salasarlaminates.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Salasar Laminates Limited has risen by 30.77%.

  • As Per 2022 financial reports, 123 employees are currently employed by Salasar Laminates Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Salasar Laminates Limited has experienced an upsurge of 12.79%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Salasar Laminates Limited amount to ₹ 57.52 Cr.

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

People also Viewed

Similar Companies Based on Laminated & Corrugated Packaging