Sangam Business Credit Limited
Mineral trading company incorporated in 1991, based in Mumbai, Maharashtra.
1991 | Mumbai, Maharashtra (India) | Active
Sangam Business Credit Profile
Key Indicators
- Authorised Capital ₹ 13.00 Cr
- Paid Up Capital ₹ 12.19 Cr
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 165.00 Cr
- Revenue Growth -18.75%
- Profit Growth -89.07%
- Ebitda 6.85%
- Net Worth 0.27%
- Total Assets 2.04%
About Sangam Business Credit
Sangam Business Credit Limited (SBCL) is a Public Limited Indian Non-Government Company incorporated in India on 29 October 1991 and has a history of 33 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Bhushan Finance Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 12.19 Cr.
The company has closed loans amounting to ₹165.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sangam Business Credit Limited India are Krishan Suthar as CFO and Keerti Maheshwari as Company Secretary. Mahesh Lakhotiya, Om Chhipa, Krishan Suthar, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990MH1991PLC063821
- Company No.
063821
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Oct 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Sangam Business Credit Limited
Explore comprehensive data for Sangam Business Credit Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sangam Business Credit?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishan Suthar  | Managing Director | 31-Dec-2016 | Current |
| Keerti Maheshwari | Company Secretary | 26-Aug-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahesh Lakhotiya | Director | 10-Aug-2024 | Current |
| Om Chhipa | Director | 10-Aug-2024 | Current |
| Shailender Jain | Director | 30-Sep-2022 | Current |
Financial Performance of Sangam Business Credit.
Sangam Business Credit Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 18.75% decrease. The company also saw a substantial fall in profitability, with a 89.07% decrease in profit. The company's net worth moved up by a moderate rise of 0.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sangam Business Credit?
In 2024, Sangam Business Credit had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sangam Lifespaces LimitedShailender Jain is a mutual person
- Rajasthan Vanaspati Products Limited
Mahesh Lakhotiya is a mutual person
- Khetan Tradelink Private Limited
Mahesh Lakhotiya is a mutual person
- Parishray Elegancy Private Limited
Mahesh Lakhotiya is a mutual person
- Sahyog Finance. Limited
Mahesh Lakhotiya is a mutual person
- Necco Shipping Company Private Limited
Om Chhipa is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹165.00 Cr
Charges Breakdown by Lending Institutions
- Others : 150.00 Cr
- State Bank Of Bikaner And Jaipur : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2018 | Others | ₹150.00 Cr | Satisfied |
| 28 Oct 2010 | State Bank Of Bikaner And Jaipur | ₹15.00 Cr | Satisfied |
How Many Employees Work at Sangam Business Credit?
Unlock and access historical data on people associated with Sangam Business Credit, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sangam Business Credit, 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 Sangam Business Credit'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 Sangam Business Credit
Recent activity within the organization
- Annual General Meeting
Sangam Business Credit Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 22 Mar 2018 via Charge ID 100169772 with Others was fully satisfied on 10 Sep 2024.
- Director Appointment
Keerti Maheshwari was appointed as a Company Secretary was appointed as a Company Secretary on 26 Aug 2024 & has been associated with this company since 8 months 18 days .
- Director Appointment
Mahesh Chand Lakhotiya was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 9 months 4 days .
- Director Appointment
Om Prakash Chhipa was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 9 months 4 days .
- Balance Sheet
Sangam Business Credit Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Frequently asked questions
What is the Incorporation or founding date of Sangam Business Credit Limited?
Sangam Business Credit Limited was incorporated on 29 Oct 1991.
What is authorized share capital and paid-up capital of Sangam Business Credit Limited?
The authorized share capital of Sangam Business Credit Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.19 Cr.
Who are the current board members & directors of Sangam Business Credit Limited?
Currently 6 directors are associated with Sangam Business Credit Limited.
- Mahesh Chand Lakhotiya
- Om Prakash Chhipa
- Krishan Gopal Suthar
- Shailender Kumar Jain
- Krishan Gopal Suthar
- Keerti Maheshwari
What is the registered address of Sangam Business Credit Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sangam Business Credit Limited is B/306-309 Dynasty Business Park Opp.:Sangam Cinema Andheri Kurla Road An Dheri(E), India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Sangam Business Credit Limited?
The corporate identification number (CIN) of Sangam Business Credit Limited is U65990MH1991PLC063821 and the company number is 063821 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sangam Business Credit Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Sangam Business Credit Limited has fallen by -18.75%.
What change has been observed in the net worth of Sangam Business Credit Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Sangam Business Credit Limited has experienced an upsurge of 0.27%.
When was the last Balance Sheet of Sangam Business Credit Limited filed with the ROC?
The most recent Balance Sheet for Sangam Business Credit Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
GT
Gopal ToshniwalManaging DirectorRB
Rajesh BhattDirectorVS
Vinod SharmaDirectorAS
Anurag SoniDirector
Similar Companies Based on Materials Retail & Distribution
Tata International Limited Mumbai, Maharashtra, India- India Coke And Power Private Limited Mumbai, Maharashtra, India
Mmtc Limited Delhi, India
Jsw Minerals Trading Private Limited Mumbai, Maharashtra, India
Mtc Business Private Limited Mumbai, Maharashtra, India
Mohit Minerals Limited Delhi, India
Balaji Malts Private Limited Mandya, Karnataka, India
Agarwal Coal Corporation Private Limited Indore, Madhya Pradesh, India