Sarita Steel & Power Limited

Manufacturer and supplier of iron, steel, and related products, including ferrous and non-ferrous metals and alloys.

2004 | Kolkata, West Bengal (India) | Active
Last Updated:

Sarita Steel & Power Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.33 M
  • Company Age 21 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,344.03 Cr
  • Revenue Growth %
  • Profit Growth -146266.85%
  • Ebitda -146258.18%
  • Net Worth -85.49%
  • Total Assets -69.55%

About Sarita Steel & Power

Sarita Steel & Power Limited (SSPL) is a Public Limited Indian Non-Government Company incorporated in India on 13 February 2004 and has a history of 21 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Sarita Steel & Power Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.33 M.

The company currently has active open charges totaling ₹1,344.03 Cr.

Suresh Patni, Mahendra Jain, and Vipul Mehra serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2004PLC097841

  • Company No.

    097841

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Sarita Steel & Power?

Board Members (3)

NameDesignationAppointment DateStatus
Suresh Patni Country flag representing In Director 13-Feb-2004Current
Mahendra Jain Country flag representing In Director 07-Aug-2014Current
Vipul Mehra Country flag representing In Director 08-Aug-2015Current

Financial Performance of Sarita Steel & Power.

Sarita Steel & Power Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 146266.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 85.49%.

Sarita Steel & Power revenue growth over time
Sarita Steel & Power 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
-69.55%
Profit or Loss
-146266.85%
Net Worth
-85.49%
EBITDA
-146258.18%

What is the Ownership and Shareholding Structure of Sarita Steel & Power?

In 2023, Sarita Steel & Power 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

₹13,440.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1280.03 Cr
  • State Bank Of Hyderabad (Lead Bank) : 64.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2015Sbicap Trustee Company Limited₹1,280.03 CrOpen
01 Jun 2013State Bank Of Hyderabad (Lead Bank)₹64.00 CrOpen

How Many Employees Work at Sarita Steel & Power?

Unlock and access historical data on people associated with Sarita Steel & Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sarita Steel & Power Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarita Steel & Power, 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 & Power'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 & Power

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Sarita Steel & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Vipul Mehra was appointed as a Director was appointed as a Director on 08 Aug 2015 & has been associated with this company since 9 years 6 months .

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 12,800.30 M with Charge ID 10554795 was registered on 30 Jan 2015.

  • Director Appointment

    Mahendra Kumar Jain was appointed as a Director was appointed as a Director on 07 Aug 2014 & has been associated with this company since 10 years 6 months .

  • Charges

    A charge with State Bank Of Hyderabad (Lead Bank) amounted to Rs. 640.00 M with Charge ID 10436003 was registered on 01 Jun 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Sarita Steel & Power Limited?

    Sarita Steel & Power Limited was incorporated on 13 Feb 2004.

  • What is authorized share capital and paid-up capital of Sarita Steel & Power Limited?

    The authorized share capital of Sarita Steel & Power Limited is ₹ 2.50 M and paid-up capital is ₹ 1.33 M.

  • Who are the current board members & directors of Sarita Steel & Power Limited?

    Currently 3 directors are associated with Sarita Steel & Power Limited.

    • Suresh Kumar Patni
    • Mahendra Kumar Jain
    • Vipul Mehra

  • What is the registered address of Sarita Steel & Power Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarita Steel & Power Limited is 35 Chittaranjan Avenue India, Kolkata, West Bengal, 700012.

  • What is the corporate identification number (CIN) and company number of Sarita Steel & Power Limited?

    The corporate identification number (CIN) of Sarita Steel & Power Limited is U27109WB2004PLC097841 and the company number is 097841 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Sarita Steel & Power Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sarita Steel & Power Limited has experienced an downturn of -85.49%.

  • What are the total open charges for Sarita Steel & Power Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sarita Steel & Power Limited amount to ₹ 1,344.03 Cr.

  • When was the last Balance Sheet of Sarita Steel & Power Limited filed with the ROC?

    The most recent Balance Sheet for Sarita Steel & Power Limited was filed with the ROC on 31 Mar 2023.

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