Saraswati Sugar Mills Limited

Operates a 10,000 TCD sugar mill in Haryana as a part of ISGEC Heavy Engineering Limited.

2000 | Active
Last Updated: January 23, 2025

Saraswati Sugar Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.10 Cr
  • Paid Up Capital ₹ 7.10 Cr
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 535.31 Cr
  • Satisfied Charges ₹ 534.36 Cr
  • Revenue Growth 48.96%
  • Profit Growth 64.89%
  • Ebitda 53.84%
  • Net Worth 17.38%
  • Total Assets -15.57%

About Saraswati Sugar Mills

Saraswati Sugar Mills Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 July 2000 and has a history of 24 years and six months. Its registered office is in Na, Haryana.

The Company is engaged in the Agriculture 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 7.10 Cr and a paid-up capital of Rs 7.10 Cr.

The company currently has active open charges totaling ₹535.31 Cr. The company has closed loans amounting to ₹534.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saraswati Sugar Mills Limited India is Sachin Saluja as COMPANY SECRETARY. Ranjit Puri, Aditya Puri, Sudershan Khorana, and One other member serve as directors at the Company.

Company Details

  • Location
    Na, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01115HR2000PLC034519

  • Company No.

    034519

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2000

  • Date of AGM

    25 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Agriculture

What products or services does Saraswati Sugar Mills Limited offer?

Saraswati Sugar Mills Limited offers a wide range of products and services, including Die Casting & Investment Castings, Casting Service.

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

Executive Team (2)

Name Designation Appointment Date Status
Aditya Puri Country flag representing In Managing Director 01-Dec-2008 Current
Sachin Saluja Country flag representing In Company Secretary 15-Nov-2022 Current

Board Members (3)

Name Designation Appointment Date Status
Ranjit Puri Country flag representing In Director 20-Jul-2000 Current
Sudershan Khorana Country flag representing In Director 03-Aug-2021 Current
Reva Khanna Country flag representing In Director 26-May-2016 Current

Financial Performance of Saraswati Sugar Mills.

Saraswati Sugar Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.96% increase. The company also saw a substantial improvement in profitability, with a 64.89% increase in profit. The company's net worth Soared by an impressive increase of 17.38%.

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
48.96%
Revenue from Operations
48.57%
Total Assets
-15.57%
Profit or Loss
64.89%
Net Worth
17.38%
EBITDA
53.84%

What is the Ownership and Shareholding Structure of Saraswati Sugar Mills?

In 2022, Saraswati Sugar Mills 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

₹535.31 Cr

Satisfied Charges

₹534.36 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 341.65 Cr
  • Hdfc Bank Limited : 127.00 Cr
  • Others : 66.66 Cr

Latest Charge Details

Date Lender Amount Status
23 Sep 2020 Hdfc Bank Limited ₹127.00 Cr Open
03 Jul 2019 Sbicap Trustee Company Limited ₹341.65 Cr Open
30 May 2019 Others ₹66.66 Cr Open
01 Jun 2020 State Bank Of India ₹13.00 Cr Satisfied
28 Sep 2015 Punjab National Bank ₹1.24 Cr Satisfied

How Many Employees Work at Saraswati Sugar Mills?

Saraswati Sugar Mills has a workforce of 623 employees as of Mar 30, 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 Saraswati Sugar Mills, 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 Sugar Mills'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 Sugar Mills

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 341.65 Cr registered on 03 Jul 2019 with Charge ID 100277263 was modified on 23 Oct 2024.

    23 Oct 2024

  • Annual General Meeting

    Saraswati Sugar Mills Limited last Annual general meeting of members was held on 25 Jun 2024 as per latest MCA records.

    25 Jun 2024

  • Charges

    A charge registered on 01 Jun 2020 via Charge ID 100340151 with State Bank Of India was fully satisfied on 10 Apr 2024.

    10 Apr 2024

  • Balance Sheet

    Saraswati Sugar Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Sachin Saluja was appointed as a Company Secretary was appointed as a Company Secretary on 15 Nov 2022 & has been associated with this company since 2 years 2 months .

    15 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 127.00 Cr registered on 23 Sep 2020 with Charge ID 100400964 was modified on 17 Aug 2022.

    17 Aug 2022

Frequently asked questions

  • Saraswati Sugar Mills Limited was incorporated on 20 Jul 2000.

  • The authorized share capital of Saraswati Sugar Mills Limited is ₹ 7.10 Cr and paid-up capital is ₹ 7.10 Cr.

  • Currently 5 directors are associated with Saraswati Sugar Mills Limited.

    • Ranjit Puri
    • Aditya Puri
    • Sudershan Kumar Khorana
    • Reva Khanna
    • Sachin Saluja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saraswati Sugar Mills Limited is Radaur Saharampur Road, Yamu Gar-135001 Harya India, Na, Haryana.

  • The corporate identification number (CIN) of Saraswati Sugar Mills Limited is U01115HR2000PLC034519 and the company number is 034519 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saraswati Sugar Mills Limited is https://www.saraswatisugar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saraswati Sugar Mills Limited has risen by 48.96%.

  • As Per 2023 financial reports, 623 employees are currently employed by Saraswati Sugar Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saraswati Sugar Mills Limited has experienced an upsurge of 17.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saraswati Sugar Mills Limited amount to ₹ 535.31 Cr.

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

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