Salasar Steel And Power Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 60.00 Cr
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 555.73 Cr
- Revenue Growth 530.07%
- Profit Growth -94.07%
- Ebitda -58.17%
- Net Worth 2.99%
- Total Assets 18.45%
About Salasar Steel And Power
Salasar Steel And Power Limited (SSAPL) is Amalgamated company established on 19 May 1994 with its office registered at Kolkata, West Bengal, India and has been running since 30 Year, 11 Months with a paid up capital of 60.00 Cr. According to MCA records, 4 Directors and 2 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17124WB1994PLC261559
- Company No.
008350
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 1994
- Date of AGM
24 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
Salasar Steel And Power Limited
Explore comprehensive data for Salasar Steel And Power Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Salasar Steel And Power?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Agarwal  | Managing Director | 22-Dec-2021 | Current |
| Alok Saraf | CFO | 01-Feb-2022 | Current |
| Arpita Dewangan | Company Secretary | 27-Nov-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Agarwal | Director | 22-Dec-2021 | Current |
| Ayush Agarwal | Director | 22-Dec-2021 | Current |
| Vinay Sharma | Whole-Time Director | 25-Feb-2022 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Salasar Steel And Power?
In 2023, Salasar Steel And Power had a promoter holding of 16.42% and a public holding of 83.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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S A Ispat Private LimitedAjay Agarwal and Piyush Agarwal are mutual person
- Singhal Steel Private Limited
Ajay Agarwal is a mutual person
- Shri Shyam Ispat(India) Private Limited
Ajay Agarwal, Piyush Agarwal and 2 more are mutual person
- Bsj Financial Services Private Limited
Ajay Agarwal is a mutual person
- Singhal Welfare Foundation
Ajay Agarwal, Piyush Agarwal and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹555.73 Cr
Charges Breakdown by Lending Institutions
- Others : 376.08 Cr
- Canara Bank : 141.00 Cr
- Edelweiss Asset Reconstruction Company Limited : 30.00 Cr
- Corporation Bank : 5.14 Cr
- Bank Of Baroda : 2.00 Cr
- Others : 1.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2021 | Canara Bank | ₹141.00 Cr | Satisfied |
| 28 Jan 2013 | Corporation Bank | ₹5.14 Cr | Satisfied |
| 27 Mar 2012 | Others | ₹3.40 Cr | Satisfied |
| 29 Feb 2012 | Tata Capital Financial Services Limited | ₹2.50 M | Satisfied |
| 28 Sep 2011 | Tata Capital Financial Services Limited | ₹2.22 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Salasar Steel And Power, 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 Steel And Power's trajectory.
Rating
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
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 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.
- Charges
A charge registered on 22 Dec 2021 via Charge ID 100524280 with Canara Bank was fully satisfied on 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.
- 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 3 years 2 months .
- Director Appointment
Alok Saraf was appointed as a Cfo was appointed as a Cfo on 01 Feb 2022 & has been associated with this company since 3 years 2 months .
- Charges
A charge registered on 28 Jan 2013 via Charge ID 10413162 with Corporation Bank was fully satisfied on 24 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Salasar Steel And Power Limited?
Salasar Steel And Power Limited was incorporated on 19 May 1994.
What is authorized share capital and paid-up capital of Salasar Steel And Power Limited?
The authorized share capital of Salasar Steel And Power Limited is ₹ 60.00 Cr and paid-up capital is ₹ 60.00 Cr.
Who are the current board members & directors of Salasar Steel And Power Limited?
Currently 6 directors are associated with Salasar Steel And Power Limited.
- Ajay Agarwal
- Piyush Agarwal
- Ayush Agarwal
- Alok Saraf
- Arpita Dewangan
- Vinay Kumar Sharma
What is the registered address of Salasar Steel And Power Limited?
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 India, Park Circus, West Bengal, 700017.
What is the corporate identification number (CIN) and company number of Salasar Steel And Power Limited?
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).
What is the official website of Salasar Steel And Power Limited?
The Official website of Salasar Steel And Power Limited is https://www.sspl-india.com
What has been the recent revenue trend for Salasar Steel And Power Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Salasar Steel And Power Limited has risen by 530.07%.
How many employees does Salasar Steel And Power Limited currently have?
As Per 2023 financial reports, 125 employees are currently employed by Salasar Steel And Power Limited.
What change has been observed in the net worth of Salasar Steel And Power Limited, and by what percentage?
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%.
When was the last Balance Sheet of Salasar Steel And Power Limited filed with the ROC?
The most recent Balance Sheet for Salasar Steel And Power Limited was filed with the ROC on 31 Mar 2023.
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