Sareen Electricals Private Limited

Sells electrical goods, incorporated in 1991, based in Punjab.

1991 | Punjab, Punjab (India) | Active
Last Updated: January 11, 2025

Sareen Electricals Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 0.53 M
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.10 M
  • Satisfied Charges ₹ 7.15 M
  • Revenue Growth 34.34%
  • Profit Growth -59.01%
  • Ebitda -23.26%
  • Net Worth -31.71%
  • Total Assets -7.98%

About Sareen Electricals

Sareen Electricals Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 October 1991 and has a history of 33 years and four months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Consumer Electronics & Durables 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 4.00 M and a paid-up capital of Rs 0.53 M.

The company currently has active open charges totaling ₹3.10 M. The company has closed loans amounting to ₹7.15 M, as per Ministry of Corporate Affairs (MCA) records.

Subhash Sareen serves as a director at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909PB1991PTC011678

  • Company No.

    011678

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Sareen Electricals?

Board Members (1)

NameDesignationAppointment DateStatus
Subhash Sareen Country flag representing In Additional Director 03-Nov-2023Current

Financial Performance of Sareen Electricals.

Sareen Electricals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.34% increase. The company also saw a substantial fall in profitability, with a 59.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.71%.

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
34.34%
Revenue from Operations
34.62%
Total Assets
-7.98%
Profit or Loss
-59.01%
Net Worth
-31.71%
EBITDA
-23.26%

What is the Ownership and Shareholding Structure of Sareen Electricals?

In 2022, Sareen Electricals 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

₹3.10 M

Satisfied Charges

₹7.15 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.25 Cr
  • Punjab & Sind Bank : 0.04 Cr
  • Bank & Punjab Ltd : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2003Punjab National Bank₹2.00 MOpen
28 Mar 1998Punjab & Sind Bank₹0.40 MOpen
10 Jan 1996Bank & Punjab Ltd₹0.20 MOpen
29 Oct 1993Punjab National Bank₹0.25 MOpen
29 Oct 1991Punjab National Bank₹0.25 MOpen

How Many Employees Work at Sareen Electricals?

Unlock and access historical data on people associated with Sareen Electricals, 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 Sareen Electricals, 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 Sareen Electricals'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 Sareen Electricals

Recent activity within the organization

  • Annual General Meeting

    Sareen Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sareen Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Subhash Rani Sareen was appointed as a Additional Director was appointed as a Additional Director on 03 Nov 2023 & has been associated with this company since 1 year 3 months .

    03 Nov 2023

  • Charges

    A charge registered on 28 Mar 2014 via Charge ID 10495166 with Canara Bank was fully satisfied on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with Canara Bank of Rs. 5.15 M registered on 28 Mar 2014 with Charge ID 10495166 was modified on 11 Mar 2022.

    11 Mar 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 5.15 M with Charge ID 10495166 was registered on 28 Mar 2014.

    28 Mar 2014

Frequently asked questions

  • Sareen Electricals Private Limited was incorporated on 01 Oct 1991.

  • The authorized share capital of Sareen Electricals Private Limited is ₹ 4.00 M and paid-up capital is ₹ 0.53 M.

  • Currently 1 director is associated with Sareen Electricals Private Limited.

    • Subhash Rani Sareen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sareen Electricals Private Limited is G T Roadmiller Ganj Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Sareen Electricals Private Limited is U31909PB1991PTC011678 and the company number is 011678 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sareen Electricals Private Limited has risen by 34.34%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sareen Electricals Private Limited has experienced an downturn of -31.71%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sareen Electricals Private Limited amount to ₹ 3.10 M.

  • The most recent Balance Sheet for Sareen Electricals Private Limited was filed with the ROC on 31 Mar 2024.

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