Saraswati Commercial (India) Ltd

Provides financial services and investment advice through securities brokerage.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: May 15, 2024

Saraswati Commercial (India) Profile

Key Indicators

  • Authorised Capital ₹ 8.25 Cr
  • Paid Up Capital ₹ 1.03 Cr
  • Company Age 42 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 105.00 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -64.90%
  • Profit Growth -82.02%
  • Ebitda -75.36%
  • Net Worth 2.67%
  • Total Assets 0.45%

About Saraswati Commercial (India)

Saraswati Commercial (India) Ltd (SCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 January 1983 and has a history of 42 years. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512020.

The Company is engaged in the Financial Services 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 8.25 Cr and a paid-up capital of Rs 1.03 Cr.

The company currently has active open charges totaling ₹105.00 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saraswati Commercial (India) Ltd India are Avani Gandhi as Company Secretary, Vaishali Dhuri as Cfo, and Rajiv Pathak as Ceo. Hetal Khalpada, Rupal Vora, Ketan Desai, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L51909MH1983PLC166605

  • Company No.

    166605

  • Stock Symbol

    BSE : 512020

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 1983

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Saraswati Commercial (India)?

Executive Team (3)

Name Designation Appointment Date Status
Avani Gandhi Country flag representing In Company Secretary 14-Aug-2017 Current
Vaishali Dhuri Country flag representing In CFO 13-Feb-2015 Current
Rajiv Pathak Country flag representing In CEO 11-Aug-2016 Current

Board Members (6)

Name Designation Appointment Date Status
Hetal Khalpada Country flag representing In Director 14-May-2021 Current
Rupal Vora Country flag representing In Director 28-Apr-2021 Current
Ketan Desai Country flag representing In Director 13-Feb-2015 Current
Ritesh Zaveri Country flag representing In Director 13-Nov-2017 Current
Sandeep Kejariwal Country flag representing In Director 25-Jul-2019 Current
Vallabh Biyani Country flag representing In Director 11-Feb-2022 Current

Financial Performance of Saraswati Commercial (India).

Saraswati Commercial (India) Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 64.9% decrease. The company also saw a substantial fall in profitability, with a 82.02% decrease in profit. The company's net worth moved up by a moderate rise of 2.67%.

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
-64.90%
Revenue from Operations
-64.89%
Total Assets
0.45%
Profit or Loss
-82.02%
Net Worth
2.67%
EBITDA
-75.36%

What is the Ownership and Shareholding Structure of Saraswati Commercial (India)?

In 2023, Saraswati Commercial (India) had a promoter holding of 72.33% and a public holding of 27.69%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹105.00 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 105.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Nov 2022 Others ₹25.00 Cr Open
28 Sep 2020 Others ₹30.00 Cr Open
17 Sep 2019 Others ₹50.00 Cr Open
30 Jan 2015 Jm Financial Products Limited ₹10.00 Cr Satisfied

How Many Employees Work at Saraswati Commercial (India)?

Unlock and access historical data on people associated with Saraswati Commercial (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saraswati Commercial (India), 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 Saraswati Commercial (India)'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 Saraswati Commercial (India)

Recent activity within the organization

  • Annual General Meeting

    Saraswati Commercial (India) Ltd last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Saraswati Commercial (India) Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100642838 was registered on 01 Nov 2022.

    01 Nov 2022

  • Director Appointment

    Vallabh Prasad Biyani was appointed as a Director was appointed as a Director on 11 Feb 2022 & has been associated with this company since 2 years 11 months .

    11 Feb 2022

  • Director Appointment

    Hetal Rajnikant Khalpada was appointed as a Director was appointed as a Director on 14 May 2021 & has been associated with this company since 3 years 8 months .

    14 May 2021

  • Director Appointment

    Rupal Anand Vora was appointed as a Director was appointed as a Director on 28 Apr 2021 & has been associated with this company since 3 years 9 months .

    28 Apr 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Saraswati Commercial (India) Ltd was incorporated on 24 Jan 1983.

  • The authorized share capital of Saraswati Commercial (India) Ltd is ₹ 8.25 Cr and paid-up capital is ₹ 1.03 Cr.

  • Currently 9 directors are associated with Saraswati Commercial (India) Ltd.

    • Hetal Rajnikant Khalpada
    • Avani Kirtikumar Gandhi
    • Vaishali Dhuri
    • Rupal Anand Vora
    • Ketan Natvarlal Desai
    • Ritesh Vijay Zaveri
    • Sandeep Kejariwal
    • Vallabh Prasad Biyani
    • Rajiv Virendra Pathak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saraswati Commercial (India) Ltd is 209/210 Arcadia Building 2Nd Floor, Plot No. 195 Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Saraswati Commercial (India) Ltd is L51909MH1983PLC166605 and the company number is 166605 as per Ministry of Corporate Affairs (MCA).

  • Yes, Saraswati Commercial (India) Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Saraswati Commercial (India) Ltd is https://www.saraswaticommercial.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saraswati Commercial (India) Ltd has fallen by -64.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saraswati Commercial (India) Ltd has experienced an upsurge of 2.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saraswati Commercial (India) Ltd amount to ₹ 105.00 Cr.

  • The most recent Balance Sheet for Saraswati Commercial (India) Ltd was filed with the ROC on 31 Mar 2023.

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