Sangam Business Credit Limited

Mineral trading company incorporated in 1991, based in Mumbai, Maharashtra.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sangam Business Credit Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.19 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 165.00 Cr
  • Revenue Growth -4.80%
  • Profit Growth -12.41%
  • Ebitda -401.74%
  • Net Worth 2.54%
  • Total Assets -0.02%

About Sangam Business Credit

Sangam Business Credit Limited (SBCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 October 1991 and has a history of 33 years and four 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 2023. 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, Rajesh Bhatt, and Three other members 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Sangam Business Credit?

Executive Team (2)

NameDesignationAppointment DateStatus
Krishan Suthar Country flag representing In Managing Director31-Dec-2016Current
Keerti Maheshwari Company Secretary26-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Mahesh Lakhotiya Country flag representing In Additional Director 26-Aug-2024Current
Om Chhipa Country flag representing In Additional Director 26-Aug-2024Current
Rajesh Bhatt Country flag representing In Director 10-Jun-2004Current
Vinod Sharma Country flag representing In Director 10-Jun-2004Current
Shailender Jain Country flag representing In Director 30-Mar-2022Current

Financial Performance of Sangam Business Credit.

Sangam Business Credit Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.8% decrease. The company also saw a substantial fall in profitability, with a 12.41% decrease in profit. The company's net worth moved up by a moderate rise of 2.54%.

Sangam Business Credit revenue growth over time
Sangam Business Credit 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
-4.80%
Revenue from Operations
-55.40%
Total Assets
-0.02%
Profit or Loss
-12.41%
Net Worth
2.54%
EBITDA
-401.74%

What is the Ownership and Shareholding Structure of Sangam Business Credit?

In 2023, 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.

Shareholding Indicator graph

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

DateLenderAmountStatus
22 Mar 2018Others₹150.00 CrSatisfied
28 Oct 2010State Bank Of Bikaner And Jaipur₹15.00 CrSatisfied

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.

Employee growth trends for Sangam Business Credit Limited

Deals i

Graph showing company valuation over time

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

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 Sangam Business Credit

Recent activity within the organization

  • Charges

    A charge registered on 22 Mar 2018 via Charge ID 100169772 with Others was fully satisfied on 10 Sep 2024.

  • Director Appointment

    Mahesh Chand Lakhotiya was appointed as a Additional Director was appointed as a Additional Director on 26 Aug 2024 & has been associated with this company since 7 months 1 day .

  • Director Appointment

    Om Prakash Chhipa was appointed as a Additional Director was appointed as a Additional Director on 26 Aug 2024 & has been associated with this company since 7 months 1 day .

  • 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 7 months 1 day .

  • Annual General Meeting

    Sangam Business Credit Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sangam Business Credit Limited has filed its annual Financial statements for the year ended 31 Mar 2023 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 8 directors are associated with Sangam Business Credit Limited.

    • Mahesh Chand Lakhotiya
    • Om Prakash Chhipa
    • Rajesh Bhatt
    • Vinod Kumar Sharma
    • 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 2023, the revenue trend for Sangam Business Credit Limited has fallen by -4.80%.

  • 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 2023 indicates that The net worth of Sangam Business Credit Limited has experienced an upsurge of 2.54%.

  • 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 2023.

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