Saraswatipur Tea & Industries Ltd

Tea company with large garden in West Bengal, producing CTC and green tea for domestic market.

1917 | Jalpaiguri, West Bengal (India) | Active
Last Updated:

Saraswatipur Tea & Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.80 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 108 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.83 Cr
  • Satisfied Charges ₹ 17.77 Cr
  • Revenue Growth -1.60%
  • Profit Growth -51.31%
  • Ebitda -0.17%
  • Net Worth 8.05%
  • Total Assets 3.16%

About Saraswatipur Tea & Industries

Saraswatipur Tea & Industries Ltd (STIL) was founded in India on 16 April 1917 and has a glorious history of 108 years . Its registered office is in Jalpaiguri, West Bengal.

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 4.80 M and a paid-up capital of Rs 2.40 M.

The company currently has active open charges totaling ₹11.83 Cr. The company has closed loans amounting to ₹17.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shruti Kalyani, Shrivardhan Kalyani, Sheila Kalyani, and One other member serve as directors at the Company.

Company Details

  • Location Jalpaiguri, West Bengal
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15492WB1917PLC002815

  • Company No.

    002815

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1917

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Company report

Saraswatipur Tea & Industries Ltd

Explore comprehensive data for Saraswatipur Tea & Industries Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Saraswatipur Tea & Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Shrivardhan Kalyani Country flag representing In Managing Director29-Nov-2006Current

Board Members (3)

NameDesignationAppointment DateStatus
Khaled Feroze Country flag representing In Director 01-Sep-2006Current
Shruti Kalyani Country flag representing In Director 24-Nov-2005Current
Sheila Kalyani Country flag representing In Director 29-Nov-2006Current

Financial Performance of Saraswatipur Tea & Industries.

Saraswatipur Tea & Industries Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.6% decrease. The company also saw a substantial fall in profitability, with a 51.31% decrease in profit. The company's net worth moved up by a moderate rise of 8.05%.

Saraswatipur Tea & Industries revenue growth over time
Saraswatipur Tea & Industries 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
-1.60%
Revenue from Operations
-0.92%
Total Assets
3.16%
Profit or Loss
-51.31%
Net Worth
8.05%
EBITDA
-0.17%

What is the Ownership and Shareholding Structure of Saraswatipur Tea & Industries?

In 2023, Saraswatipur Tea & Industries had a promoter holding of 67.34% and a public holding of 32.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹118.33 M

Satisfied Charges

₹177.70 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 8.87 Cr
  • Punjab National Bank : 2.64 Cr
  • Axis Bank Limited : 0.12 Cr
  • Small Industries Development Bank Of India : 0.10 Cr
  • Tea Board : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2019Axis Bank Limited₹1.20 MOpen
02 Apr 2011Uco Bank₹8.87 CrOpen
16 Feb 2009Tea Board₹0.99 MOpen
20 May 2003Small Industries Development Bank Of India₹1.00 MOpen
02 May 2002Punjab National Bank₹2.64 CrOpen

How Many Employees Work at Saraswatipur Tea & Industries?

Saraswatipur Tea & Industries has a workforce of 931 employees as of Mar 31, 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 Saraswatipur Tea & Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saraswatipur Tea & Industries, 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 Saraswatipur Tea & Industries'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 Saraswatipur Tea & Industries

Recent activity within the organization

  • Annual General Meeting

    Saraswatipur Tea & Industries Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 27 Sep 2004 via Charge ID 90252920 with Uco Bank was fully satisfied on 21 Jun 2024.

  • Charges

    A charge registered on 24 Aug 2004 via Charge ID 90254407 with Uco Bank was fully satisfied on 21 Jun 2024.

  • Charges

    A charge registered on 28 Jul 2003 via Charge ID 90255186 with Uco Bank was fully satisfied on 21 Jun 2024.

  • Charges

    A charge registered on 23 May 2000 via Charge ID 90255976 with Uco Bank was fully satisfied on 21 Jun 2024.

  • Charges

    A charge registered on 14 Jul 1999 via Charge ID 90253891 with Uco Bank was fully satisfied on 21 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Saraswatipur Tea & Industries Ltd?

    Saraswatipur Tea & Industries Ltd was incorporated on 16 Apr 1917.

  • What is authorized share capital and paid-up capital of Saraswatipur Tea & Industries Ltd?

    The authorized share capital of Saraswatipur Tea & Industries Ltd is ₹ 4.80 M and paid-up capital is ₹ 2.40 M.

  • Who are the current board members & directors of Saraswatipur Tea & Industries Ltd?

    Currently 4 directors are associated with Saraswatipur Tea & Industries Ltd.

    • Shruti Kalyani
    • Shrivardhan Kalyani
    • Sheila Kalyani
    • Khaled Feroze

  • What is the registered address of Saraswatipur Tea & Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saraswatipur Tea & Industries Ltd is Saraswatipur Bldg India, Jalpaiguri, West Bengal.

  • What is the corporate identification number (CIN) and company number of Saraswatipur Tea & Industries Ltd?

    The corporate identification number (CIN) of Saraswatipur Tea & Industries Ltd is U15492WB1917PLC002815 and the company number is 002815 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saraswatipur Tea & Industries Ltd?

    The Official website of Saraswatipur Tea & Industries Ltd is https://www.kalyanitea.com

  • What has been the recent revenue trend for Saraswatipur Tea & Industries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saraswatipur Tea & Industries Ltd has fallen by -1.60%.

  • How many employees does Saraswatipur Tea & Industries Ltd currently have?

    As Per 2023 financial reports, 931 employees are currently employed by Saraswatipur Tea & Industries Ltd.

  • What change has been observed in the net worth of Saraswatipur Tea & Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Saraswatipur Tea & Industries Ltd has experienced an upsurge of 8.05%.

  • What are the total open charges for Saraswatipur Tea & Industries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Saraswatipur Tea & Industries Ltd amount to ₹ 11.83 Cr.

  • When was the last Balance Sheet of Saraswatipur Tea & Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Saraswatipur Tea & Industries Ltd was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Tea & Coffee Processing