Sarthak Metals Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.69 Cr
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.20 Cr
- Satisfied Charges ₹ 5.40 Cr
- Revenue Growth -10.04%
- Profit Growth 8.31%
- Ebitda 5.74%
- Net Worth 34.72%
- Total Assets -5.25%
About Sarthak Metals
Sarthak Metals Limited (SML) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 July 1995 and has a history of 29 years and eight months. Its registered office is in C.G., Chattisgarh.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540393 and on the National Stock Exchange(NSE) under SMLT.
The Corporate was formerly known as Sarthak Metals Marketing Pvt Ltd. The Company is engaged in the Chemicals And Materials 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 15.00 Cr and a paid-up capital of Rs 13.69 Cr.
The company currently has active open charges totaling ₹18.20 Cr. The company has closed loans amounting to ₹5.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sarthak Metals Limited India are Mayur Bhatt as Ceo, Mr Singhal as Cfo, and Pratik Jain as Company Secretary. Sanjay Shah, Mayur Bhatt, Sunil Agarwal, and Four other members serve as directors at the Company.
Company Details
- Location C.G., Chattisgarh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Chemicals and Materials
Manufacturing
What products or services does Sarthak Metals Limited offer?
Sarthak Metals Limited offers a wide range of products and services, including Welding Equipments & Machinery, Welding Machine Parts, Metal and Alloy Wires, Metal Wire, Ferro Alloys, Ferro Aluminium, Welding Wires, Ferro Silicon Calcium, Flux Cored Wire.
Who are the key members and board of directors at Sarthak Metals?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr Singhal  | CFO | 04-Aug-2016 | Current |
| Mayur Bhatt | CEO | 21-Aug-2016 | Current |
| Pratik Jain | Company Secretary | 30-Jun-2021 | Current |
| Anoop Bansal | Managing Director | 28-Jul-1995 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Agarwal | Director | 01-Feb-2020 | Current |
| Sanjay Shah | Whole-Time Director | 02-Jan-2003 | Current |
| Mayur Bhatt | Whole-Time Director | 21-Aug-2016 | Current |
| Sunil Bhatt | Director | 04-Aug-2021 | Current |
| Dwadasi Giri | Director | 31-Jul-2020 | Current |
| Rama Kohli | Director | 24-Aug-2016 | Current |
Financial Performance of Sarthak Metals.
Sarthak Metals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.04% decrease. The company also saw a slight improvement in profitability, with a 8.31% increase in profit. The company's net worth Soared by an impressive increase of 34.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sarthak Metals?
In 2023, Sarthak Metals had a promoter holding of 69.83% and a public holding of 30.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sarthak Energy Private LimitedMayur Bhatt is a mutual person
Charges (Loans)
Open Charges
₹18.20 Cr
Satisfied Charges
₹5.40 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 18.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2005 | State Bank Of India | ₹18.20 Cr | Open |
| 23 Oct 2003 | State Bank Of India | ₹1.80 Cr | Satisfied |
| 26 Sep 2003 | State Bank Of India | ₹1.80 Cr | Satisfied |
| 26 Sep 2003 | State Bank Of India | ₹1.80 Cr | Satisfied |
How Many Employees Work at Sarthak Metals?
Sarthak Metals has a workforce of 138 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sarthak Metals, 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 Metals'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 Sarthak Metals
Recent activity within the organization
- Annual General Meeting
Sarthak Metals Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Balance Sheet
Sarthak Metals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
- Charges
A charge with State Bank Of India of Rs. 18.20 Cr registered on 19 Feb 2005 with Charge ID 90206277 was modified on 01 Mar 2024.
- Charges
A charge registered on 23 Oct 2003 via Charge ID 90206001 with State Bank Of India was fully satisfied on 09 Nov 2022.
- Charges
A charge registered on 26 Sep 2003 via Charge ID 90209357 with State Bank Of India was fully satisfied on 09 Nov 2022.
- Charges
A charge registered on 26 Sep 2003 via Charge ID 90205986 with State Bank Of India was fully satisfied on 09 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Sarthak Metals Limited?
Sarthak Metals Limited was incorporated on 28 Jul 1995.
What is authorized share capital and paid-up capital of Sarthak Metals Limited?
The authorized share capital of Sarthak Metals Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.69 Cr.
Who are the current board members & directors of Sarthak Metals Limited?
Currently 10 directors are associated with Sarthak Metals Limited.
- Sanjay Chamanlal Shah
- Mayur Bhatt
- Sunil Kumar Agarwal
- Mayur Bhatt
- Mr Anirudh Singhal
- Pratik Jain
- Sunil Dutt Bhatt
- Dwadasi Venkata Giri
- Rama Kohli
- Anoop Kumar Bansal
What is the registered address of Sarthak Metals Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sarthak Metals Limited is B.B.C Colony Khurspar G.E.Road Bhilai India, C.G., Chattisgarh.
What is the corporate identification number (CIN) and company number of Sarthak Metals Limited?
The corporate identification number (CIN) of Sarthak Metals Limited is L51102CT1995PLC009772 and the company number is 009772 as per Ministry of Corporate Affairs (MCA).
Is Sarthak Metals Limited registered with any stock exchange in India?
Yes, Sarthak Metals Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SMLT.
What is the official website of Sarthak Metals Limited?
The Official website of Sarthak Metals Limited is https://www.sarthakmetals.com
What has been the recent revenue trend for Sarthak Metals Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sarthak Metals Limited has fallen by -10.04%.
How many employees does Sarthak Metals Limited currently have?
As Per 2023 financial reports, 138 employees are currently employed by Sarthak Metals Limited.
What change has been observed in the net worth of Sarthak Metals Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sarthak Metals Limited has experienced an upsurge of 34.72%.
What are the total open charges for Sarthak Metals Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sarthak Metals Limited amount to ₹ 18.20 Cr.
When was the last Balance Sheet of Sarthak Metals Limited filed with the ROC?
The most recent Balance Sheet for Sarthak Metals Limited was filed with the ROC on 31 Mar 2024.
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