Sarisons Shoe Tech Profile
Key Indicators
- Authorised Capital ₹ 7.10 Cr
- Paid Up Capital ₹ 7.05 Cr
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.72 Cr
- Satisfied Charges ₹ 40.17 Cr
- Revenue Growth 38.95%
- Profit Growth 62.45%
- Ebitda 50.12%
- Net Worth 17.15%
- Total Assets -10.34%
About Sarisons Shoe Tech
Sarisons Shoe Tech Private Limited (SSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2003 and has a history of 21 years and five months. Its registered office is in Vellore, Tamil Nadu, India.
The Corporate was formerly known as Saba Soles Private Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.10 Cr and a paid-up capital of Rs 7.05 Cr.
The company currently has active open charges totaling ₹18.72 Cr. The company has closed loans amounting to ₹40.17 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shanmugasundaram Kanaga and Subbayyan Rithasabapathy serve as directors at the Company.
Company Details
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Location
Vellore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U19202TN2003PTC051416
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Company No.
051416
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Aug 2003
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Date of AGM
16 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Sarisons Shoe Tech Private Limited offer?
Sarisons Shoe Tech Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Cyanoacrylate Adhesive, Dyes & Color Additives, Organic Pigment, Epoxy Adhesives, Adhesive & Pressure Sensitive Tapes, Stationery Tape, Paints, Wall Putty & Varnishes, Wax Polish, Footwear Laces, Insole & Accessories.
Who are the key members and board of directors at Sarisons Shoe Tech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shanmugasundaram Kanaga
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Director | 21-Aug-2003 | Current |
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Subbayyan Rithasabapathy
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Director | 21-Aug-2003 | Current |
Financial Performance of Sarisons Shoe Tech.
Sarisons Shoe Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.95% increase. The company also saw a substantial improvement in profitability, with a 62.45% increase in profit. The company's net worth Soared by an impressive increase of 17.15%.
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What is the Ownership and Shareholding Structure of Sarisons Shoe Tech?
In 2023, Sarisons Shoe Tech had a promoter holding of 99.82% and a public holding of 0.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Ns Eco Solution Private LimitedShanmugasundaram Kanaga is a mutual person
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Surya Pelle Chemical & Mould Private LimitedShanmugasundaram Kanaga and Subbayyan Rithasabapathy are mutual person
Charges (Loans)
₹18.72 Cr
₹40.17 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 18.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2023 | Canara Bank | ₹18.72 Cr | Open |
| 26 Sep 2020 | Others | ₹2.75 Cr | Satisfied |
| 25 Mar 2019 | Others | ₹14.60 Cr | Satisfied |
| 21 Nov 2018 | Others | ₹0.95 M | Satisfied |
| 09 Aug 2017 | Others | ₹2.09 M | Satisfied |
How Many Employees Work at Sarisons Shoe Tech?
Sarisons Shoe Tech has a workforce of 37 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sarisons Shoe Tech, 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 Sarisons Shoe Tech's trajectory.
Rating
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
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.