Sarisons Shoe Tech Private Limited
Manufactures and sells adhesives and various types of soles for footwear.
2003 | Vellore, Tamil Nadu (India) | Active
Sarisons Shoe Tech Profile
Key Indicators
- Authorised Capital ₹ 7.10 Cr
- Paid Up Capital ₹ 7.05 Cr
- Company Age 21 Year, 6 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 six 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
- Location
Vellore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U19202TN2003PTC051416
- Company No.
051416
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Aug 2003
- Date of AGM
16 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Chemicals and Materials
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  | Director | 21-Aug-2003 | Current |
| Subbayyan Rithasabapathy | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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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)
Ns Eco Solution Private LimitedShanmugasundaram Kanaga is a mutual person
Surya Pelle Chemical & Mould Private LimitedShanmugasundaram Kanaga and Subbayyan Rithasabapathy are mutual person
Charges (Loans)
Open Charges
₹18.72 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sarisons Shoe Tech
Recent activity within the organization
- Charges
A charge registered on 26 Sep 2020 via Charge ID 100389411 with Others was fully satisfied on 14 Mar 2024.
- Charges
A charge registered on 25 Mar 2019 via Charge ID 100274104 with Others was fully satisfied on 14 Mar 2024.
- Annual General Meeting
Sarisons Shoe Tech Private Limited last Annual general meeting of members was held on 16 Sep 2023 as per latest MCA records.
- Charges
A charge with Canara Bank amounted to Rs. 18.72 Cr with Charge ID 100783883 was registered on 30 Jun 2023.
- Balance Sheet
Sarisons Shoe Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge registered on 29 May 2017 via Charge ID 100150182 with Others was fully satisfied on 04 Jan 2022.
Frequently asked questions
What is the Incorporation or founding date of Sarisons Shoe Tech Private Limited?
Sarisons Shoe Tech Private Limited was incorporated on 21 Aug 2003.
What is authorized share capital and paid-up capital of Sarisons Shoe Tech Private Limited?
The authorized share capital of Sarisons Shoe Tech Private Limited is ₹ 7.10 Cr and paid-up capital is ₹ 7.05 Cr.
Who are the current board members & directors of Sarisons Shoe Tech Private Limited?
Currently 2 directors are associated with Sarisons Shoe Tech Private Limited.
- Shanmugasundaram Sabapathy Kanaga
- Subbayyan Rithasabapathy
What is the registered address of Sarisons Shoe Tech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sarisons Shoe Tech Private Limited is No.1703, Phase Ii Sathuvachari India, Vellore, Tamil Nadu, 632009.
What is the corporate identification number (CIN) and company number of Sarisons Shoe Tech Private Limited?
The corporate identification number (CIN) of Sarisons Shoe Tech Private Limited is U19202TN2003PTC051416 and the company number is 051416 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sarisons Shoe Tech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sarisons Shoe Tech Private Limited has risen by 38.95%.
How many employees does Sarisons Shoe Tech Private Limited currently have?
As Per 2023 financial reports, 37 employees are currently employed by Sarisons Shoe Tech Private Limited.
What change has been observed in the net worth of Sarisons Shoe Tech Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sarisons Shoe Tech Private Limited has experienced an upsurge of 17.15%.
What are the total open charges for Sarisons Shoe Tech Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sarisons Shoe Tech Private Limited amount to ₹ 18.72 Cr.
When was the last Balance Sheet of Sarisons Shoe Tech Private Limited filed with the ROC?
The most recent Balance Sheet for Sarisons Shoe Tech Private Limited was filed with the ROC on 31 Mar 2023.