Salem Stainless Steel Suppliers Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.40 Cr
- Company Age 15 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 81.95 Cr
- Satisfied Charges ₹ 116.04 Cr
- Revenue Growth 13.19%
- Profit Growth -69.28%
- Ebitda -61.43%
- Net Worth 6.13%
- Total Assets 14.22%
About Salem Stainless Steel Suppliers
Salem Stainless Steel Suppliers Private Limited (SSSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 June 2009 and has a history of 15 years and eight months. Its registered office is in Chennai, Tamil Nadu.
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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.40 Cr.
The company currently has active open charges totaling ₹81.95 Cr. The company has closed loans amounting to ₹116.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sripal Jain, Vipul Jain, and Manish Jain serve as directors at the Company.
Company Details
- Location Chennai, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51909TN2009PTC071911
- Company No.
071911
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jun 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Salem Stainless Steel Suppliers Private Limited offer?
Salem Stainless Steel Suppliers Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Stainless Steel Alloys, Industrial Steel, Industrial Pipe & Tube Fittings, Steel Pipe Fittings, Stainless Steel Products, Flanges & Flanged Fittings, Steel Flanges, Steel Bars, Rods, Plates & Sheets, Steel Bars.
Who are the key members and board of directors at Salem Stainless Steel Suppliers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sripal Jain  | Whole-Time Director | 10-Jun-2009 | Current |
| Vipul Jain | Whole-Time Director | 10-Jun-2009 | Current |
| Manish Jain | Whole-Time Director | 27-Mar-2019 | Current |
Financial Performance of Salem Stainless Steel Suppliers.
Salem Stainless Steel Suppliers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.19% increase. The company also saw a substantial fall in profitability, with a 69.28% decrease in profit. The company's net worth moved up by a moderate rise of 6.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Salem Stainless Steel Suppliers?
In 2023, Salem Stainless Steel Suppliers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹81.95 Cr
₹116.04 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 46.16 Cr
- Hdfc Bank Limited : 35.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Mar 2021 | Hdfc Bank Limited | ₹5.79 Cr | Open |
| 17 Feb 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.46 Cr | Open |
| 30 Aug 2019 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 04 May 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.70 Cr | Open |
| 23 Oct 2017 | The Hongkong And Shanghai Banking Corporation Limited | ₹42.00 Cr | Open |
How Many Employees Work at Salem Stainless Steel Suppliers?
Salem Stainless Steel Suppliers has a workforce of 28 employees as of Dec 21, 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 Salem Stainless Steel Suppliers, 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 Salem Stainless Steel Suppliers'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.
