Saroopsons Industries Limited

Manufacturer of automotive transmission and precision engineering components, ISO/TS 16949:2009 certified.

1998 | Punjab, Punjab (India) | Active
Last Updated:

Saroopsons Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.60 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.49 M
  • Satisfied Charges ₹ 2.58 Cr
  • Revenue Growth 1.15%
  • Profit Growth 57.91%
  • Ebitda 139.05%
  • Net Worth 0.49%
  • Total Assets 5.48%

About Saroopsons Industries

Saroopsons Industries Limited (SIL) is a Public Limited Indian Non-Government Company incorporated in India on 21 August 1998 and has a history of 26 years and six months. Its registered office is in Punjab, Punjab, India.

The Corporate was formerly known as Saroopsons Industries Pvt Limited. The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 4.60 M.

The company currently has active open charges totaling ₹7.49 M. The company has closed loans amounting to ₹2.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Surender Bajaj, Subhash Bajaj, and Sushma Bajaj serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veerauto.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00000PB1998PLC021713

  • Company No.

    021713

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Saroopsons Industries Limited offer?

Saroopsons Industries Limited offers a wide range of products and services, including Alloy, Metal and High Strength Bolts, Bolts, Automobile Fittings & Components, Automotive Shafts, Steering Parts & Components, Drivetrain Components, Bent Bolts, Flanges & Flanged Fittings, Pipe Flanges, Automotive Spare Parts.

Who are the key members and board of directors at Saroopsons Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Surender Bajaj Country flag representing In Director 21-Aug-1998Current
Subhash Bajaj Country flag representing In Director 21-Aug-1998Current
Sushma Bajaj Country flag representing In Director 21-Aug-1998Current

Financial Performance of Saroopsons Industries.

Saroopsons Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.15% increase. The company also saw a substantial improvement in profitability, with a 57.91% increase in profit. The company's net worth moved up by a moderate rise of 0.49%.

Saroopsons Industries revenue growth over time
Saroopsons Industries 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
1.15%
Revenue from Operations
1.29%
Total Assets
5.48%
Profit or Loss
57.91%
Net Worth
0.49%
EBITDA
139.05%

What is the Ownership and Shareholding Structure of Saroopsons Industries?

In 2023, Saroopsons Industries 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

₹0.75 Cr

Satisfied Charges

₹2.58 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr
  • Hdfc Bank Limited : 0.13 Cr
  • S.C.B. Miller Ganj : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2022Hdfc Bank Limited₹1.29 MOpen
04 Feb 2000S.C.B. Miller Ganj₹1.20 MOpen
13 Aug 1999State Bank Of India₹5.00 MOpen
04 Feb 2000State Bank Of India₹2.58 CrSatisfied

How Many Employees Work at Saroopsons Industries?

Saroopsons Industries has a workforce of 29 employees as of Apr 07, 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.

Employee growth trends for Saroopsons Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saroopsons 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 Saroopsons 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 Saroopsons Industries

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Saroopsons Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100649770 was registered on 03 Aug 2022.

  • Charges

    A charge registered on 04 Feb 2000 via Charge ID 90172011 with State Bank Of India was fully satisfied on 24 Apr 2019.

  • Charges

    A charge with State Bank Of India of Rs. 2.58 Cr registered on 04 Feb 2000 with Charge ID 90172011 was modified on 12 Jan 2016.

  • Charges

    A charge with S.C.B. Miller Ganj amounted to Rs. 0.12 Cr with Charge ID 90310204 was registered on 04 Feb 2000.

Frequently asked questions

  • What is the Incorporation or founding date of Saroopsons Industries Limited?

    Saroopsons Industries Limited was incorporated on 21 Aug 1998.

  • What is authorized share capital and paid-up capital of Saroopsons Industries Limited?

    The authorized share capital of Saroopsons Industries Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.60 M.

  • Who are the current board members & directors of Saroopsons Industries Limited?

    Currently 3 directors are associated with Saroopsons Industries Limited.

    • Surender Pal Bajaj
    • Subhash Bajaj
    • Sushma Bajaj

  • What is the registered address of Saroopsons Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saroopsons Industries Limited is C 62Focal Point Ludhiana, Punjab, India, 141010.

  • What is the corporate identification number (CIN) and company number of Saroopsons Industries Limited?

    The corporate identification number (CIN) of Saroopsons Industries Limited is U00000PB1998PLC021713 and the company number is 021713 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saroopsons Industries Limited?

    The Official website of Saroopsons Industries Limited is https://www.veerauto.com

  • What has been the recent revenue trend for Saroopsons Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saroopsons Industries Limited has risen by 1.15%.

  • How many employees does Saroopsons Industries Limited currently have?

    As Per 2023 financial reports, 29 employees are currently employed by Saroopsons Industries Limited.

  • What change has been observed in the net worth of Saroopsons Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Saroopsons Industries Limited has experienced an upsurge of 0.49%.

  • What are the total open charges for Saroopsons Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Saroopsons Industries Limited amount to ₹ 7.49 M.

  • When was the last Balance Sheet of Saroopsons Industries Limited filed with the ROC?

    The most recent Balance Sheet for Saroopsons Industries Limited was filed with the ROC on 31 Mar 2023.

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