Sarita Steel And Industries Limited

Manufactures and supplies various steel products and offers steel engineering services.

1990 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated: December 03, 2024

Sarita Steel And Industries Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 34.52 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 97.29 Cr
  • Revenue Growth %
  • Profit Growth 99.61%
  • Ebitda 99.57%
  • Net Worth -0.03%
  • Total Assets -67.46%

About Sarita Steel And Industries

Sarita Steel And Industries Limited (SSAIL) is a Public Limited Indian Non-Government Company incorporated in India on 08 August 1990 and has a history of 34 years and five months. Its registered office is in Vizianagaram, Andhra Pradesh, India.

The Company is engaged in the Metals And Minerals 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 35.00 Cr and a paid-up capital of Rs 34.52 Cr.

The company has closed loans amounting to ₹97.29 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Butchi Yadavalli, Chandra Kotla, and Kurella Murthy serve as directors at the Company.

Company Details

  • Location

    Vizianagaram, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109AP1990PLC011565

  • Company No.

    011565

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals

Who are the key members and board of directors at Sarita Steel And Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Butchi Yadavalli Country flag representing In Director 02-Aug-2011Current
Chandra Kotla Country flag representing In Director Appointed In Casual Vacancy 10-Mar-2015Current
Kurella Murthy Country flag representing In Director 23-Oct-2015Current

Financial Performance of Sarita Steel And Industries.

Sarita Steel And Industries Limited, for the financial year ended 2015, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.61% increase in profit. The company's net worth dipped by a decrease of 0.03%.

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
Revenue from Operations
Total Assets
-67.46%
Profit or Loss
99.61%
Net Worth
-0.03%
EBITDA
99.57%

What is the Ownership and Shareholding Structure of Sarita Steel And Industries?

In 2015, Sarita Steel And Industries had a promoter holding of 89.48% and a public holding of 10.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹97.29 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 42.70 Cr
  • Trustees Of The Stressed Assets Stabilisation : 16.00 Cr
  • Idbi Bank Ltd. : 12.00 Cr
  • Trustees Of The Stressed Assets Stabilasation Fund : 10.00 Cr
  • The Catholic Syrian Bank : 7.30 Cr
  • Others : 9.29 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2005Hdfc Bank Ltd.₹0.80 MSatisfied
04 Apr 2001Trustees Of The Stressed Assets Stabilasation Fund₹10.00 CrSatisfied
09 Mar 2001Trustees Of The Stressed Assets Stabilisation₹8.00 CrSatisfied
17 Oct 2000The Catholic Syrian Bank₹7.30 CrSatisfied
22 Feb 2000State Bank Of India₹4.00 CrSatisfied

How Many Employees Work at Sarita Steel And Industries?

Unlock and access historical data on people associated with Sarita Steel And Industries, 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 Sarita Steel And 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 Sarita Steel And 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 Sarita Steel And Industries

Recent activity within the organization

  • Annual General Meeting

    Sarita Steel And Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 03 Jun 2005 via Charge ID 90262703 with Hdfc Bank Ltd. was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 04 Apr 2001 via Charge ID 90262038 with Trustees Of The Stressed Assets Stabilasation Fund was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 09 Mar 2001 via Charge ID 90262025 with Trustees Of The Stressed Assets Stabilisation was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 30 Dec 1999 via Charge ID 90261861 with State Bank Of India was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 27 Dec 1999 via Charge ID 90261858 with Idbi Bank Ltd. was fully satisfied on 09 Sep 2024.

    09 Sep 2024

Frequently asked questions

  • Sarita Steel And Industries Limited was incorporated on 08 Aug 1990.

  • The authorized share capital of Sarita Steel And Industries Limited is ₹ 35.00 Cr and paid-up capital is ₹ 34.52 Cr.

  • Currently 3 directors are associated with Sarita Steel And Industries Limited.

    • Butchi Venkata Ramana Murthy Yadavalli
    • Chandra Sekhara Rao Kotla
    • Kurella Venkata Narasimha Murthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarita Steel And Industries Limited is V R Agaraharam India, Rajam, Andhra Pradesh, 532127.

  • The corporate identification number (CIN) of Sarita Steel And Industries Limited is U27109AP1990PLC011565 and the company number is 011565 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2015 indicates that The net worth of Sarita Steel And Industries Limited has experienced an downturn of -0.03%.

  • The most recent Balance Sheet for Sarita Steel And Industries Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Metal Retail & Distribution