Salus Products Private Limited

Manufactures and trades medical disposables and consumables.

2020 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 17, 2024

Salus Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.90 Cr
  • Revenue Growth -62.20%
  • Profit Growth -62.61%
  • Ebitda -67.63%
  • Net Worth 8.76%
  • Total Assets -9.21%

About Salus Products

Salus Products Private Limited (SPPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 03 July 2020 (Four years and seven months 2 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Healthcare 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.90 Cr.

Sumit Garala, Ashish Kotadiya, Khyati Garala, 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

    U25209GJ2020PTC114305

  • Company No.

    114305

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Healthcare

Who are the key members and board of directors at Salus Products?

Board Members (4)

Name Designation Appointment Date Status
Sumit Garala Country flag representing In Director 03-Jul-2020 Current
Ashish Kotadiya Country flag representing In Director 03-Jul-2020 Current
Khyati Garala Country flag representing In Director 03-Jul-2020 Current
Sonal Kotadiya Country flag representing In Director 03-Jul-2020 Current

Financial Performance of Salus Products.

Salus Products Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.2% decrease. The company also saw a substantial fall in profitability, with a 62.61% decrease in profit. The company's net worth moved up by a moderate rise of 8.76%.

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
-62.20%
Revenue from Operations
-64.57%
Total Assets
-9.21%
Profit or Loss
-62.61%
Net Worth
8.76%
EBITDA
-67.63%

What is the Ownership and Shareholding Structure of Salus Products?

In 2023, Salus Products had a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.90 Cr

Latest Charge Details

Date Lender Amount Status
27 Oct 2023 Axis Bank Limited ₹1.90 Cr Open

How Many Employees Work at Salus Products?

Salus Products has a workforce of 0 employees as of Apr 01, 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 Salus Products, 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 Salus Products'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 Salus Products

Recent activity within the organization

  • Annual General Meeting

    Salus Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Salus Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 19.00 M with Charge ID 100821002 was registered on 27 Oct 2023.

    27 Oct 2023

  • Director Appointment

    Sumit Gordhandas Garala was appointed as a Director was appointed as a Director on 03 Jul 2020 & has been associated with this company since 4 years 7 months .

    03 Jul 2020

  • Director Appointment

    Ashish Vitthalbhai Kotadiya was appointed as a Director was appointed as a Director on 03 Jul 2020 & has been associated with this company since 4 years 7 months .

    03 Jul 2020

  • Director Appointment

    Khyati Sumit Garala was appointed as a Director was appointed as a Director on 03 Jul 2020 & has been associated with this company since 4 years 7 months .

    03 Jul 2020

Frequently asked questions

  • Salus Products Private Limited was incorporated on 03 Jul 2020.

  • The authorized share capital of Salus Products Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Salus Products Private Limited.

    • Sumit Gordhandas Garala
    • Ashish Vitthalbhai Kotadiya
    • Khyati Sumit Garala
    • Sonal Ashish Kotadiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salus Products Private Limited is Plot No-287/2 Panchratna Industrial Estate Near Neesa-Agritech Changodar, India, Ahmedabad, Gujarat, 382213.

  • The corporate identification number (CIN) of Salus Products Private Limited is U25209GJ2020PTC114305 and the company number is 114305 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salus Products Private Limited is https://www.salusproduct.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salus Products Private Limited has fallen by -62.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salus Products Private Limited has experienced an upsurge of 8.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Salus Products Private Limited amount to ₹ 1.90 Cr.

  • The most recent Balance Sheet for Salus Products Private Limited was filed with the ROC on 31 Mar 2024.