Saraswati Commercial (India) Ltd

Provides financial services and investment advice through securities brokerage.

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

Saraswati Commercial (India) Profile

Key Indicators

  • Authorised Capital ₹ 8.25 Cr
  • Paid Up Capital ₹ 1.03 Cr
  • Company Age 42 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 135.00 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 and one month. 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 2024. 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 ₹135.00 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 Rajiv Pathak as Ceo, Avani Gandhi as Company Secretary, and Vaishali Dhuri as Cfo. Sandeep Kejariwal, Hetal Khalpada, Ritesh Zaveri, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saraswaticommercial.com

  • 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

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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)

NameDesignationAppointment DateStatus
Rajiv Pathak Country flag representing In CEO11-Aug-2016Current
Avani Gandhi Country flag representing In Company Secretary14-Aug-2017Current
Vaishali Dhuri Country flag representing In CFO13-Feb-2015Current

Board Members (6)

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

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%.

Saraswati Commercial (India) revenue growth over time
Saraswati Commercial (India) 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

₹135.00 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 135.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2024Others₹50.00 CrOpen
01 Nov 2022Others₹5.00 CrOpen
28 Sep 2020Others₹30.00 CrOpen
17 Sep 2019Others₹50.00 CrOpen
30 Jan 2015Jm Financial Products Limited₹10.00 CrSatisfied

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.

Employee growth trends for Saraswati Commercial (India) Ltd

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 26 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 01 Nov 2022 with Charge ID 100642838 was modified on 31 Jul 2024.

  • Balance Sheet

    Saraswati Commercial (India) Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100851556 was registered on 04 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100642838 was registered on 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 3 years 22 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Saraswati Commercial (India) Ltd?

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

  • What is authorized share capital and paid-up capital of Saraswati Commercial (India) Ltd?

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

  • Who are the current board members & directors of Saraswati Commercial (India) Ltd?

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

    • Sandeep Kejariwal
    • Hetal Rajnikant Khalpada
    • Ritesh Vijay Zaveri
    • Vallabh Prasad Biyani
    • Rajiv Virendra Pathak
    • Avani Kirtikumar Gandhi
    • Vaishali Dhuri
    • Rupal Anand Vora
    • Ketan Natvarlal Desai

  • What is the registered address of Saraswati Commercial (India) Ltd?

    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, India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Saraswati Commercial (India) Ltd?

    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).

  • Is Saraswati Commercial (India) Ltd registered with any stock exchange in India?

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

  • What is the official website of Saraswati Commercial (India) Ltd?

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

  • What has been the recent revenue trend for Saraswati Commercial (India) Ltd?

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

  • What change has been observed in the net worth of Saraswati Commercial (India) Ltd, and by what percentage?

    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%.

  • What are the total open charges for Saraswati Commercial (India) Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Saraswati Commercial (India) Ltd amount to ₹ 135.00 Cr.

  • When was the last Balance Sheet of Saraswati Commercial (India) Ltd filed with the ROC?

    The most recent Balance Sheet for Saraswati Commercial (India) Ltd was filed with the ROC on 31 Mar 2024.

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