Saraswati Engineering Limited

Produces auto parts for various industries.

1983 | Kanpur Dehat, Uttar Pradesh (India) | Active
Last Updated:

Saraswati Engineering Profile

Key Indicators

  • Authorised Capital ₹ 7.11 Cr
  • Paid Up Capital ₹ 7.07 Cr
  • Company Age 42 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.48 Cr
  • Satisfied Charges ₹ 3.36 Cr
  • Revenue Growth -18.87%
  • Profit Growth -242.12%
  • Ebitda -211.34%
  • Net Worth -21.17%
  • Total Assets -16.29%

About Saraswati Engineering

Saraswati Engineering Limited (SEL) is a Public Limited Indian Non-Government Company incorporated in India on 19 March 1983 and has a history of 42 years. Its registered office is in Kanpur Dehat, Uttar Pradesh, India.

The Corporate was formerly known as Saraswati Engineering Private Limited. The Company is engaged in the Machinery And Equipment 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 7.11 Cr and a paid-up capital of Rs 7.07 Cr.

The company currently has active open charges totaling ₹2.48 Cr. The company has closed loans amounting to ₹3.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saraswati Engineering Limited India is Brijeshwar Singh as COMPANY SECRETARY. Bimla Chowdhary, Ajay Chowdhary, and Arun Chachan serve as directors at the Company.

Company Details

  • Location

    Kanpur Dehat, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25191UP1983PLC006012

  • Company No.

    006012

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Machinery and Equipment

What products or services does Saraswati Engineering Limited offer?

Saraswati Engineering Limited offers a wide range of products and services, including Construction Trolley, Material Handling Trolleys, Cylinder Trolley, Carts, Dollies & Trolleys, Industrial Racks & Storage System, Pallet Racks, Sheet Metal & Turned Components, Machine Parts, Metal Trolley, Industrial Pallet.

Company report

Saraswati Engineering Limited

Explore comprehensive data for Saraswati Engineering Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Saraswati Engineering?

Executive Team (2)

NameDesignationAppointment DateStatus
Brijeshwar Singh Country flag representing In Company Secretary01-Jun-2019Current
Ajay Chowdhary Country flag representing In Managing Director01-Jan-1985Current

Board Members (2)

NameDesignationAppointment DateStatus
Bimla Chowdhary Country flag representing In Director 20-Jan-2004Current
Arun Chachan Country flag representing In Director 09-May-2009Current

Financial Performance of Saraswati Engineering.

Saraswati Engineering Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.87% decrease. The company also saw a substantial fall in profitability, with a 242.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.17%.

Saraswati Engineering revenue growth over time
Saraswati Engineering 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
-18.87%
Revenue from Operations
-20.25%
Total Assets
-16.29%
Profit or Loss
-242.12%
Net Worth
-21.17%
EBITDA
-211.34%

What is the Ownership and Shareholding Structure of Saraswati Engineering?

In 2023, Saraswati Engineering had a promoter holding of 85.86% and a public holding of 14.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.48 Cr

Satisfied Charges

₹3.36 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.97 Cr
  • Pooja Commotrade Private Limited : 0.50 Cr
  • Governor Of U.P. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
21 Apr 2004Pooja Commotrade Private Limited₹5.00 MOpen
30 Mar 1998State Bank Of India₹1.97 CrOpen
03 Jan 1987Governor Of U.P.₹0.08 MOpen
28 Mar 2003The Pradeshiya Industrial & Investment Corpn. Of U.P. Ltd.₹1.17 CrSatisfied
22 Aug 1995State Bank Of India₹1.90 MSatisfied

How Many Employees Work at Saraswati Engineering?

Saraswati Engineering has a workforce of 5 employees as of Apr 08, 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.

Employee growth trends for Saraswati Engineering Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saraswati Engineering, 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 Engineering'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 Engineering

Recent activity within the organization

  • Annual General Meeting

    Saraswati Engineering Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 20 Aug 1986 via Charge ID 90268283 with The Pradashiya Industrial & Investment Corpn. Of U.P. Ltd. was fully satisfied on 09 Apr 2024.

  • Balance Sheet

    Saraswati Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with State Bank Of India of Rs. 1.97 Cr registered on 30 Mar 1998 with Charge ID 90270407 was modified on 10 May 2021.

  • Director Appointment

    Brijeshwar Singh was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2019 & has been associated with this company since 5 years 10 months .

  • Charges

    A charge registered on 22 Aug 1995 via Charge ID 90271757 with State Bank Of India was fully satisfied on 22 Jan 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Saraswati Engineering Limited?

    Saraswati Engineering Limited was incorporated on 19 Mar 1983.

  • What is authorized share capital and paid-up capital of Saraswati Engineering Limited?

    The authorized share capital of Saraswati Engineering Limited is ₹ 7.11 Cr and paid-up capital is ₹ 7.07 Cr.

  • Who are the current board members & directors of Saraswati Engineering Limited?

    Currently 4 directors are associated with Saraswati Engineering Limited.

    • Brijeshwar Singh
    • Bimla Devi Chowdhary
    • Ajay Kumar Chowdhary
    • Arun Kumar Chachan

  • What is the registered address of Saraswati Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saraswati Engineering Limited is D-12Site-I Panki Industrial Estate Kanpur India, Uttar Pradesh, 208001.

  • What is the corporate identification number (CIN) and company number of Saraswati Engineering Limited?

    The corporate identification number (CIN) of Saraswati Engineering Limited is U25191UP1983PLC006012 and the company number is 006012 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saraswati Engineering Limited?

    The Official website of Saraswati Engineering Limited is https://www.steelpallet.in

  • What has been the recent revenue trend for Saraswati Engineering Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saraswati Engineering Limited has fallen by -18.87%.

  • How many employees does Saraswati Engineering Limited currently have?

    As Per 2023 financial reports, 5 employees are currently employed by Saraswati Engineering Limited.

  • What change has been observed in the net worth of Saraswati Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Saraswati Engineering Limited has experienced an downturn of -21.17%.

  • What are the total open charges for Saraswati Engineering Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Saraswati Engineering Limited amount to ₹ 2.48 Cr.

  • When was the last Balance Sheet of Saraswati Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Saraswati Engineering Limited was filed with the ROC on 31 Mar 2024.

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