Sarita Forgings Limited

Manufacturer of heavy steel forgings for various industries with large production capacity.

1995 | Delhi (India) | Active
Last Updated: October 24, 2024

Sarita Forgings Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.21 Cr
  • Company Age 30 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 51.03 Cr
  • Satisfied Charges ₹ 30.39 Cr
  • Revenue Growth 20.31%
  • Profit Growth -9.73%
  • Ebitda 4.55%
  • Net Worth 15.34%
  • Total Assets -4.91%

About Sarita Forgings

Sarita Forgings Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 February 1995 and has a history of 30 years. Its registered office is in Delhi, India.

The Corporate was formerly known as Sarita Forgings Private Limited. The Company is engaged in the Machinery And Equipment 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 6.00 Cr and a paid-up capital of Rs 4.21 Cr.

The company currently has active open charges totaling ₹51.03 Cr. The company has closed loans amounting to ₹30.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sarita Forgings Limited India is Ram Saroop as CFO. Anil Jain, Vandana Jain, Satbir Ahlawat, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saritaforging.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910DL1995PLC290132

  • Company No.

    290132

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Manufacturing

What products or services does Sarita Forgings Limited offer?

Sarita Forgings Limited offers a wide range of products and services, including Forgings, Drilling Machine Parts, Drilling Spindles.

Who are the key members and board of directors at Sarita Forgings?

Executive Team (2)

Name Designation Appointment Date Status
Anil Jain Country flag representing In Managing Director 02-Feb-1995 Current
Ram Saroop Country flag representing In CFO 10-Aug-2017 Current

Board Members (4)

Name Designation Appointment Date Status
Vandana Jain Country flag representing In Whole-Time Director 01-Apr-2010 Current
Satbir Ahlawat Country flag representing In Director 30-Dec-2017 Current
Samyak Jain Country flag representing In Director 16-Oct-2020 Current
Amit Sharma Country flag representing In Director 16-Oct-2020 Current

Financial Performance of Sarita Forgings.

Sarita Forgings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.31% increase. The company also saw a slight decrease in profitability, with a 9.73% decrease in profit. The company's net worth Soared by an impressive increase of 15.34%.

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
20.31%
Revenue from Operations
20.33%
Total Assets
-4.91%
Profit or Loss
-9.73%
Net Worth
15.34%
EBITDA
4.55%

What is the Ownership and Shareholding Structure of Sarita Forgings?

In 2023, Sarita Forgings 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

₹51.03 Cr

Satisfied Charges

₹30.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 39.37 Cr
  • Union Bank Of India : 7.39 Cr
  • Sidbi : 3.63 Cr
  • Hdfc Bank Limited : 0.63 Cr

Latest Charge Details

Date Lender Amount Status
27 May 2024 Hdfc Bank Limited ₹0.82 M Open
19 Dec 2023 Sidbi ₹3.63 Cr Open
07 Nov 2023 Others ₹5.00 Cr Open
29 Apr 2023 Hdfc Bank Limited ₹3.50 M Open
29 Apr 2023 Hdfc Bank Limited ₹2.00 M Open

How Many Employees Work at Sarita Forgings?

Sarita Forgings has a workforce of 10 employees as of May 08, 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 Sarita Forgings, 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 Sarita Forgings'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 Sarita Forgings

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100947128 was registered on 27 May 2024.

    27 May 2024

  • Charges

    A charge with Sidbi amounted to Rs. 3.63 Cr with Charge ID 100841298 was registered on 19 Dec 2023.

    19 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100820694 was registered on 07 Nov 2023.

    07 Nov 2023

  • Annual General Meeting

    Sarita Forgings Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100715717 was registered on 29 Apr 2023.

    29 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100719685 was registered on 29 Apr 2023.

    29 Apr 2023

Frequently asked questions

  • Sarita Forgings Limited was incorporated on 02 Feb 1995.

  • The authorized share capital of Sarita Forgings Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.21 Cr.

  • Currently 6 directors are associated with Sarita Forgings Limited.

    • Anil Jain
    • Vandana Jain
    • Satbir Singh Ahlawat
    • Ram Saroop
    • Samyak Jain
    • Amit Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarita Forgings Limited is Shop No. 305 3Rd Floor Dda Local Shopping Centre C-Block, Vikas Puri India, New Delhi, 110018.

  • The corporate identification number (CIN) of Sarita Forgings Limited is U28910DL1995PLC290132 and the company number is 290132 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sarita Forgings Limited is https://www.saritaforging.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sarita Forgings Limited has risen by 20.31%.

  • As Per 2023 financial reports, 10 employees are currently employed by Sarita Forgings Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sarita Forgings Limited has experienced an upsurge of 15.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sarita Forgings Limited amount to ₹ 51.03 Cr.

  • The most recent Balance Sheet for Sarita Forgings Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Die Casting & Metal Forming