Sarthak Ispat Private Limited

Manufacturer of re-rolled steel products, including angles, channels, beams, and bars. Located in Raipur, Chhattisgarh.

2007 | Raipur, Chattisgarh (India) | Active
Last Updated:

Sarthak Ispat Profile

Key Indicators

  • Authorised Capital ₹ 3.60 Cr
  • Paid Up Capital ₹ 3.53 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 164.58 Cr
  • Satisfied Charges ₹ 43.84 Cr
  • Revenue Growth 18.38%
  • Profit Growth 11.21%
  • Ebitda 1.58%
  • Net Worth 13.83%
  • Total Assets 16.07%

About Sarthak Ispat

Sarthak Ispat Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 2007 and has a history of 17 years and three months. Its registered office is in Raipur, Chattisgarh, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.60 Cr and a paid-up capital of Rs 3.53 Cr.

The company currently has active open charges totaling ₹164.58 Cr. The company has closed loans amounting to ₹43.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sachin Garg and Chaitanya Garg serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100CT2007PTC020486

  • Company No.

    020486

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals
Company report

Sarthak Ispat Private Limited

Explore comprehensive data for Sarthak Ispat Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sarthak Ispat?

Board Members (2)

NameDesignationAppointment DateStatus
Sachin Garg Country flag representing In Director 05-Apr-2022Current
Chaitanya Garg Country flag representing In Director 05-Apr-2022Current

Financial Performance of Sarthak Ispat.

Sarthak Ispat Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.38% increase. The company also saw a substantial improvement in profitability, with a 11.21% increase in profit. The company's net worth Soared by an impressive increase of 13.83%.

Sarthak Ispat revenue growth over time
Sarthak Ispat 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
18.38%
Revenue from Operations
18.38%
Total Assets
16.07%
Profit or Loss
11.21%
Net Worth
13.83%
EBITDA
1.58%

What is the Ownership and Shareholding Structure of Sarthak Ispat?

In 2023, Sarthak Ispat had a promoter holding of 69.13% and a public holding of 30.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹164.58 Cr

Satisfied Charges

₹43.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 136.78 Cr
  • Hdfc Bank Limited : 27.80 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Others₹27.00 CrOpen
19 Mar 2024Hdfc Bank Limited₹26.00 CrOpen
08 Sep 2020Others₹5.00 CrOpen
11 Mar 2019Hdfc Bank Limited₹2.20 MOpen
01 Dec 2017Hdfc Bank Limited₹1.58 CrOpen

How Many Employees Work at Sarthak Ispat?

Sarthak Ispat has a workforce of 34 employees as of Apr 04, 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 Sarthak Ispat Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarthak Ispat, 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 Sarthak Ispat'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 Sarthak Ispat

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 104.78 Cr registered on 12 May 2012 with Charge ID 10355727 was modified on 26 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 27.00 Cr with Charge ID 100908282 was registered on 30 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 26.00 Cr with Charge ID 100904259 was registered on 19 Mar 2024.

  • Annual General Meeting

    Sarthak Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sarthak Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

  • Charges

    A charge registered on 02 Sep 2022 via Charge ID 100611550 with Others was fully satisfied on 07 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sarthak Ispat Private Limited?

    Sarthak Ispat Private Limited was incorporated on 28 Dec 2007.

  • What is authorized share capital and paid-up capital of Sarthak Ispat Private Limited?

    The authorized share capital of Sarthak Ispat Private Limited is ₹ 3.60 Cr and paid-up capital is ₹ 3.53 Cr.

  • Who are the current board members & directors of Sarthak Ispat Private Limited?

    Currently 2 directors are associated with Sarthak Ispat Private Limited.

    • Sachin Garg
    • Chaitanya Garg

  • What is the registered address of Sarthak Ispat Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarthak Ispat Private Limited is Opposite Of Cseb, Sub Station Urla Sarora Road Industrial Area India, Raipur, Chattisgarh, 493221.

  • What is the corporate identification number (CIN) and company number of Sarthak Ispat Private Limited?

    The corporate identification number (CIN) of Sarthak Ispat Private Limited is U27100CT2007PTC020486 and the company number is 020486 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sarthak Ispat Private Limited?

    The Official website of Sarthak Ispat Private Limited is https://www.sarthak.group

  • What has been the recent revenue trend for Sarthak Ispat Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sarthak Ispat Private Limited has risen by 18.38%.

  • How many employees does Sarthak Ispat Private Limited currently have?

    As Per 2023 financial reports, 34 employees are currently employed by Sarthak Ispat Private Limited.

  • What change has been observed in the net worth of Sarthak Ispat Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sarthak Ispat Private Limited has experienced an upsurge of 13.83%.

  • What are the total open charges for Sarthak Ispat Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sarthak Ispat Private Limited amount to ₹ 164.58 Cr.

  • When was the last Balance Sheet of Sarthak Ispat Private Limited filed with the ROC?

    The most recent Balance Sheet for Sarthak Ispat Private Limited was filed with the ROC on 31 Mar 2023.

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