Salasar Steel And Power Limited logo

Salasar Steel And Power Limited

Manufactures sponge iron, billets, rolled products, and has captive power plants.
1994 | Park Circus, West Bengal (India) | Merged

Last Updated:

July 29, 2024
HomeCompanySalasar Steel And Power Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Piyush Agarwal InManaging Director22-Dec-2021Current
Arpita DewanganCompany Secretary27-Nov-2021Current
Alok SarafCFO01-Feb-2022Current

Board Members(3)

NameDesignationAppointment DateStatus
Ajay Agarwal In Director 22-Dec-2021Current
Ayush Agarwal In Director 22-Dec-2021Current
Vinay Sharma In Whole-Time Director 25-Feb-2022Current

Financial Performance and Corporate Structure Insights of Salasar Steel And Power.

Salasar Steel And Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 530.07% increase. The company also saw a substantial fall in profitability, with a 94.07% decrease in profit. The company's net worth moved up by a moderate rise of 2.99%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
530.07%
Revenue from Operations
531.21%
Total Assets
18.45%
Profit or Loss
-94.07%
Net Worth
2.99%
EBITDA
-58.17%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹555.73 Cr

LenderAmountStatus

Canara Bank

Creation Date: 22 Dec 2021
₹141.00 CrSatisfied

Corporation Bank

Creation Date: 28 Jan 2013
₹5.14 CrSatisfied

Others

Creation Date: 27 Mar 2012
₹3.40 CrSatisfied

How Many Employees Work at Salasar Steel And Power?

Salasar Steel And Power has a workforce of 125 employees as of Apr 09, 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.

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Latest Updates, News, and FAQs on Salasar Steel And Power

Recent activity within the organization

  • Annual General Meeting

    Salasar Steel And Power Limited last Annual general meeting of members was held on 24 Dec 2023 as per latest MCA records.

    24 Dec 2023

  • Charges

    A charge registered on 22 Dec 2021 via Charge ID 100524280 with Canara Bank was fully satisfied on 02 Nov 2023.

    02 Nov 2023

  • Balance Sheet

    Salasar Steel And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Vinay Kumar Sharma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Feb 2022 & has been associated with this company since 2 years 9 months .

    25 Feb 2022

  • Charges

    A charge registered on 28 Jan 2013 via Charge ID 10413162 with Corporation Bank was fully satisfied on 24 Dec 2021.

    24 Dec 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 141.00 Cr with Charge ID 100524280 was registered on 22 Dec 2021.

    22 Dec 2021

Frequently asked questions

  • Salasar Steel And Power Limited was incorporated on 19 May 1994.

  • The authorized share capital of Salasar Steel And Power Limited is ₹ 60.00 Cr and paid-up capital is ₹ 60.00 Cr.

  • Currently 6 directors are associated with Salasar Steel And Power Limited.

    • Ajay Agarwal
    • Piyush Agarwal
    • Ayush Agarwal
    • Vinay Kumar Sharma
    • Arpita Dewangan
    • Alok Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salasar Steel And Power Limited is 45 Shakespeare Sarani Room 303 3Rd Floor, Century Tower Park Circus, West Bengal, India, 700017.

  • The corporate identification number (CIN) of Salasar Steel And Power Limited is U17124WB1994PLC261559 and the company number is 008350 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salasar Steel And Power Limited is https://www.sspl-india.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salasar Steel And Power Limited has risen by 530.07%.

  • As Per 2023 financial reports, 125 employees are currently employed by Salasar Steel And Power Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salasar Steel And Power Limited has experienced an upsurge of 2.99%.

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

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