Saro Rubber And Allied Products Ltd

Manufactures footwear components, including sole sheets in various designs and colors.

1993 | Hyderabad, Telangana (India) | Active
Last Updated: December 30, 2024

Saro Rubber And Allied Products Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.43 Cr
  • Satisfied Charges ₹ 2.75 Cr
  • Revenue Growth 86.30%
  • Profit Growth 503.48%
  • Ebitda -7.81%
  • Net Worth -3.38%
  • Total Assets 5.77%

About Saro Rubber And Allied Products

Saro Rubber And Allied Products Ltd (SRAAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 December 1993 and has a history of 31 years and one month. Its registered office is in Hyderabad, Telangana.

The Company is engaged in the Consumer Goods 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 4.00 Cr and a paid-up capital of Rs 3.20 Cr.

The company currently has active open charges totaling ₹13.43 Cr. The company has closed loans amounting to ₹2.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mirza Ahmed, Mirza Ahmed, Mirza Ahmed, and Two other members serve as directors at the Company.

Company Details

  • Location
    Hyderabad, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25199TG1993PLC016737

  • Company No.

    016737

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Goods

What products or services does Saro Rubber And Allied Products Ltd offer?

Saro Rubber And Allied Products Ltd offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Foam Rubber Sheet, Eva Sheets.

Who are the key members and board of directors at Saro Rubber And Allied Products?

Executive Team (1)

Name Designation Appointment Date Status
Mirza Ahmed Country flag representing In Managing Director 15-Dec-1993 Current

Board Members (4)

Name Designation Appointment Date Status
Mirza Ahmed Country flag representing In Director 04-Nov-1994 Current
Mirza Ahmed Country flag representing In Director 15-Mar-2017 Current
Hassan Mirza Country flag representing In Director 26-May-2008 Current
Mirza Ahmed Country flag representing In Director 15-Mar-2017 Current

Financial Performance of Saro Rubber And Allied Products.

Saro Rubber And Allied Products Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 86.3% increase. The company also saw a substantial improvement in profitability, with a 503.48% increase in profit. The company's net worth dipped by a decrease of 3.38%.

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
86.30%
Revenue from Operations
86.43%
Total Assets
5.77%
Profit or Loss
503.48%
Net Worth
-3.38%
EBITDA
-7.81%

What is the Ownership and Shareholding Structure of Saro Rubber And Allied Products?

In 2022, Saro Rubber And Allied Products 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

₹13.43 Cr

Satisfied Charges

₹2.75 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.08 Cr
  • Industrial Development Bank Of India : 5.20 Cr
  • Andhra Pradesh State Financial Corporation : 1.00 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
25 Nov 2022 Hdfc Bank Limited ₹1.50 M Open
31 May 2019 State Bank Of India ₹3.00 M Open
28 Jul 2006 State Bank Of India ₹0.80 M Open
27 Aug 2002 Andhra Pradesh State Financial Corporation ₹1.00 Cr Open
31 Dec 2001 State Bank Of India ₹4.55 Cr Open

How Many Employees Work at Saro Rubber And Allied Products?

Saro Rubber And Allied Products has a workforce of 33 employees as of Mar 30, 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 Saro Rubber And Allied Products, 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 Saro Rubber And Allied Products'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 Saro Rubber And Allied Products

Recent activity within the organization

  • Annual General Meeting

    Saro Rubber And Allied Products Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Saro Rubber And Allied Products Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100663348 was registered on 25 Nov 2022.

    25 Nov 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.30 Cr with Charge ID 100269232 was registered on 31 May 2019.

    31 May 2019

  • Director Appointment

    Mirza Taj Ahmed was appointed as a Director was appointed as a Director on 15 Mar 2017 & has been associated with this company since 7 years 10 months .

    15 Mar 2017

  • Director Appointment

    Mirza Mohsin Ahmed was appointed as a Director was appointed as a Director on 15 Mar 2017 & has been associated with this company since 7 years 10 months .

    15 Mar 2017

Frequently asked questions

  • Saro Rubber And Allied Products Ltd was incorporated on 15 Dec 1993.

  • The authorized share capital of Saro Rubber And Allied Products Ltd is ₹ 4.00 Cr and paid-up capital is ₹ 3.20 Cr.

  • Currently 5 directors are associated with Saro Rubber And Allied Products Ltd.

    • Mirza Zeeshan Ahmed
    • Mirza Taj Ahmed
    • Mirza Mushtag Ahmed
    • Hassan Ahmed Mirza
    • Mirza Mohsin Ahmed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saro Rubber And Allied Products Ltd is 19-2-217 Mir Alam Tank Road, India, Hyderabad, Telangana.

  • The corporate identification number (CIN) of Saro Rubber And Allied Products Ltd is U25199TG1993PLC016737 and the company number is 016737 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saro Rubber And Allied Products Ltd is https://www.saroindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saro Rubber And Allied Products Ltd has risen by 86.30%.

  • As Per 2022 financial reports, 33 employees are currently employed by Saro Rubber And Allied Products Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saro Rubber And Allied Products Ltd has experienced an downturn of -3.38%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Saro Rubber And Allied Products Ltd amount to ₹ 13.43 Cr.

  • The most recent Balance Sheet for Saro Rubber And Allied Products Ltd was filed with the ROC on 31 Mar 2024.

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