Sar Ispat Private Limited

Manufacturer of steel products with annual production capacity of 36,000 MT.

1998 | Chennai, Tamil Nadu (India) | Under Insolvency
Last Updated: January 15, 2025

Sar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.57 Cr
  • Company Age 27 Year, 24 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 69.31 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 4.40%
  • Profit Growth -8.38%
  • Ebitda -17.70%
  • Net Worth 62.09%
  • Total Assets 21.51%

About Sar Ispat

Sar Ispat Private Limited (SIPL) is Under Cirp company established on 15 Jan 1998 with its office registered at Chennai, Tamil Nadu, India and has been running since 27 Year, 24 Days with a paid up capital of 7.57 Cr. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101TN1998PTC102002

  • Company No.

    102002

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1998

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Sar Ispat?

Board Members (3)

Name Designation Appointment Date Status
Sanjay Sharma Country flag representing In Director 01-Sep-2007 Current
Sandeep Kothari Country flag representing In Director 10-Dec-2007 Current
Vikrant Sharma Country flag representing In Director 17-Oct-2016 Current

Financial Performance of Sar Ispat.

Sar Ispat Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 4.4% increase. The company also saw a slight decrease in profitability, with a 8.38% decrease in profit. The company's net worth Soared by an impressive increase of 62.09%.

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
4.40%
Revenue from Operations
4.48%
Total Assets
21.51%
Profit or Loss
-8.38%
Net Worth
62.09%
EBITDA
-17.70%

What is the Ownership and Shareholding Structure of Sar Ispat?

In 2018, Sar Ispat had a promoter 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

₹69.31 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank Kilpauk Branch : 42.31 Cr
  • Indian Overseas Bank : 27.00 Cr

Latest Charge Details

Date Lender Amount Status
14 Nov 2012 Indian Overseas Bank Kilpauk Branch ₹42.31 Cr Open
08 Dec 2007 Indian Overseas Bank ₹27.00 Cr Open
14 Jul 2004 Oriental Bank Of Commerce ₹3.00 Cr Satisfied

How Many Employees Work at Sar Ispat?

Sar Ispat has a workforce of 45 employees as of Apr 07, 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 Sar Ispat, 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 Sar Ispat'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 Sar Ispat

Recent activity within the organization

  • Annual General Meeting

    Sar Ispat Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Sar Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.

    31 Mar 2018

  • Charges

    A charge with Indian Overseas Bank of Rs. 27.00 Cr registered on 08 Dec 2007 with Charge ID 10077857 was modified on 10 Jul 2017.

    10 Jul 2017

  • Director Appointment

    Vikrant Sharma was appointed as a Director was appointed as a Director on 17 Oct 2016 & has been associated with this company since 8 years 3 months .

    17 Oct 2016

  • Charges

    A charge with Indian Overseas Bank Kilpauk Branch amounted to Rs. 42.31 Cr with Charge ID 10396383 was registered on 14 Nov 2012.

    14 Nov 2012

  • Director Appointment

    Sandeep Kothari was appointed as a Director was appointed as a Director on 10 Dec 2007 & has been associated with this company since 17 years 2 months .

    10 Dec 2007

Frequently asked questions

  • Sar Ispat Private Limited was incorporated on 15 Jan 1998.

  • The authorized share capital of Sar Ispat Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.57 Cr.

  • Currently 3 directors are associated with Sar Ispat Private Limited.

    • Sandeep Kothari
    • Sanjay Kumar Sharma
    • Vikrant Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sar Ispat Private Limited is No.770 T H Road, India, Chennai, Tamil Nadu, 600081.

  • The corporate identification number (CIN) of Sar Ispat Private Limited is U27101TN1998PTC102002 and the company number is 102002 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sar Ispat Private Limited is https://www.aksindustries.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Sar Ispat Private Limited has risen by 4.40%.

  • As Per 2018 financial reports, 45 employees are currently employed by Sar Ispat Private Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Sar Ispat Private Limited has experienced an upsurge of 62.09%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Sar Ispat Private Limited amount to ₹ 69.31 Cr.

  • The most recent Balance Sheet for Sar Ispat Private Limited was filed with the ROC on 31 Mar 2018.

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