Saras Spares & Agencies Private Limited

Manufactures parts and accessories for motor vehicles and engines.

1981 | Pune, Maharashtra (India) | Active
Last Updated: December 10, 2024

Saras Spares & Agencies Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 43 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.20 M
  • Revenue Growth 10.30%
  • Profit Growth 1601.97%
  • Ebitda -153.58%
  • Net Worth 17.63%
  • Total Assets 8.98%

About Saras Spares & Agencies

Saras Spares & Agencies Private Limited (SSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 1981 and has a history of 43 years and five months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Saras Automotive Private Limited. The Company is engaged in the Automotive 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.20 M.

Vicky Gulati, Gurjeet Gulati, Surinderpal Gulati, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51220PN1981PTC131473

  • Company No.

    131473

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

Who are the key members and board of directors at Saras Spares & Agencies?

Board Members (5)

Name Designation Appointment Date Status
Vicky Gulati Country flag representing In Director 28-Feb-2006 Current
Gurjeet Gulati Country flag representing In Director 28-Feb-2006 Current
Surinderpal Gulati Country flag representing In Director 28-Feb-2006 Current
Amrita Gulati Country flag representing In Director 30-Jul-2007 Current
Ankita Gulati Country flag representing In Director 30-Jul-2007 Current

Financial Performance of Saras Spares & Agencies.

Saras Spares & Agencies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.3% increase. The company also saw a substantial improvement in profitability, with a 1601.97% increase in profit. The company's net worth Soared by an impressive increase of 17.63%.

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
10.30%
Revenue from Operations
8.75%
Total Assets
8.98%
Profit or Loss
1601.97%
Net Worth
17.63%
EBITDA
-153.58%

What is the Ownership and Shareholding Structure of Saras Spares & Agencies?

Unlock access to Saras Spares & Agencies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Deutsche Bank Ag : 0.42 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
21 Oct 2013 Deutsche Bank Ag ₹4.20 M Open
23 Jul 2007 Hdfc Bank Limited ₹2.00 M Open

How Many Employees Work at Saras Spares & Agencies?

Saras Spares & Agencies has a workforce of 7 employees as of Apr 05, 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 Saras Spares & Agencies, 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 Saras Spares & Agencies'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 Saras Spares & Agencies

Recent activity within the organization

  • Annual General Meeting

    Saras Spares & Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Saras Spares & Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Deutsche Bank Ag amounted to Rs. 4.20 M with Charge ID 10459935 was registered on 21 Oct 2013.

    21 Oct 2013

  • Director Appointment

    Amrita Kaur Gulati was appointed as a Director was appointed as a Director on 30 Jul 2007 & has been associated with this company since 17 years 6 months .

    30 Jul 2007

  • Director Appointment

    Ankita Vicky Gulati was appointed as a Director was appointed as a Director on 30 Jul 2007 & has been associated with this company since 17 years 6 months .

    30 Jul 2007

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 10066734 was registered on 23 Jul 2007.

    23 Jul 2007

Frequently asked questions

  • Saras Spares & Agencies Private Limited was incorporated on 03 Sep 1981.

  • The authorized share capital of Saras Spares & Agencies Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Saras Spares & Agencies Private Limited.

    • Vicky Surendrapalsingh Gulati
    • Gurjeet Singh Gulati
    • Surinderpal Singh Gulati
    • Amrita Kaur Gulati
    • Ankita Vicky Gulati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saras Spares & Agencies Private Limited is Prestige Plaza - Ii Ground Floor Shop No. 1, Akurdi India, Pune, Maharashtra, 411035.

  • The corporate identification number (CIN) of Saras Spares & Agencies Private Limited is U51220PN1981PTC131473 and the company number is 131473 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saras Spares & Agencies Private Limited has risen by 10.30%.

  • As Per 2022 financial reports, 7 employees are currently employed by Saras Spares & Agencies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saras Spares & Agencies Private Limited has experienced an upsurge of 17.63%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Saras Spares & Agencies Private Limited amount to ₹ 6.20 M.

  • The most recent Balance Sheet for Saras Spares & Agencies Private Limited was filed with the ROC on 31 Mar 2024.

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