Sarita Steel And Industries Limited
Manufactures and supplies various steel products and offers steel engineering services.
1990 | Vizianagaram, Andhra Pradesh (India) | Active
Sarita Steel And Industries Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 34.52 Cr
- Company Age 34 Year, 8 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 eight 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
Sarita Steel And Industries Limited
Explore comprehensive data for Sarita Steel And Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sarita Steel And Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Butchi Yadavalli  | Director | 02-Aug-2011 | Current |
| Chandra Kotla | Director Appointed In Casual Vacancy | 10-Mar-2015 | Current |
| Kurella Murthy | Director | 23-Oct-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Sarita Synthetics And Industries Limited
Butchi Yadavalli is a mutual person
- Sri Vasavi Industries Limited
Butchi Yadavalli, Chandra Kotla and 1 more are mutual person
- Manasa Industries Private Limited
Butchi Yadavalli is a mutual person
- Er Textiles Limited
Chandra Kotla and Kurella Murthy are mutual person
- Adarsh Global Trades & Services Private Limited
Chandra Kotla is a mutual person
- Stallone Industries Limited
Chandra Kotla is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2005 | Hdfc Bank Ltd. | ₹0.80 M | Satisfied |
| 04 Apr 2001 | Trustees Of The Stressed Assets Stabilasation Fund | ₹10.00 Cr | Satisfied |
| 09 Mar 2001 | Trustees Of The Stressed Assets Stabilisation | ₹8.00 Cr | Satisfied |
| 17 Oct 2000 | The Catholic Syrian Bank | ₹7.30 Cr | Satisfied |
| 22 Feb 2000 | State Bank Of India | ₹4.00 Cr | Satisfied |
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.
Deals i
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
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 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.
- Charges
A charge registered on 03 Jun 2005 via Charge ID 90262703 with Hdfc Bank Ltd. was fully satisfied on 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.
- 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.
- Charges
A charge registered on 30 Dec 1999 via Charge ID 90261861 with State Bank Of India was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Sarita Steel And Industries Limited?
Sarita Steel And Industries Limited was incorporated on 08 Aug 1990.
What is authorized share capital and paid-up capital of Sarita Steel And Industries Limited?
The authorized share capital of Sarita Steel And Industries Limited is ₹ 35.00 Cr and paid-up capital is ₹ 34.52 Cr.
Who are the current board members & directors of Sarita Steel And Industries Limited?
Currently 3 directors are associated with Sarita Steel And Industries Limited.
- Butchi Venkata Ramana Murthy Yadavalli
- Chandra Sekhara Rao Kotla
- Kurella Venkata Narasimha Murthy
What is the registered address of Sarita Steel And Industries Limited?
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.
What is the corporate identification number (CIN) and company number of Sarita Steel And Industries Limited?
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).
What change has been observed in the net worth of Sarita Steel And Industries Limited, and by what percentage?
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%.
When was the last Balance Sheet of Sarita Steel And Industries Limited filed with the ROC?
The most recent Balance Sheet for Sarita Steel And Industries Limited was filed with the ROC on 31 Mar 2024.
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