Saru Silver Alloys Private Limited

Manufacturer of silver, brass, and copper brazing alloys for various industries globally.

1988 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated: December 06, 2024

Saru Silver Alloys Profile

Key Indicators

  • Authorised Capital ₹ 1.24 Cr
  • Paid Up Capital ₹ 1.15 Cr
  • Company Age 37 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 36.15 Cr
  • Satisfied Charges ₹ 4.29 Cr
  • Revenue Growth 14.67%
  • Profit Growth 41.92%
  • Ebitda 33.57%
  • Net Worth 43.93%
  • Total Assets 29.06%

About Saru Silver Alloys

Saru Silver Alloys Private Limited (SSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 February 1988 and has a history of 37 years. Its registered office is in Uttar Pradesh, Uttar Pradesh.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.24 Cr and a paid-up capital of Rs 1.15 Cr.

The company currently has active open charges totaling ₹36.15 Cr. The company has closed loans amounting to ₹4.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Madhu Jain, Abhishek Jain, and Pooja Jain serve as directors at the Company.

Company Details

  • Location Uttar Pradesh, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sarusilver.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101UP1988PTC009350

  • Company No.

    009350

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

What products or services does Saru Silver Alloys Private Limited offer?

Saru Silver Alloys Private Limited offers a wide range of products and services, including Costume & Fashion Jewelry, Metal Finger Ring, Metal and Alloy Wires, Welding Wires, Welding, Rods, Electrodes & Wires, Brazing Rods, Brazing Equipment, Soldering Machines and Accesories, Soldering Accessories.

Who are the key members and board of directors at Saru Silver Alloys?

Board Members (3)

NameDesignationAppointment DateStatus
Abhishek Jain Country flag representing In Director 14-Dec-2011Current
Madhu Jain Country flag representing In Director 17-Feb-1988Current
Pooja Jain Country flag representing In Director 02-Jan-2014Current

Financial Performance of Saru Silver Alloys.

Saru Silver Alloys Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 14.67% increase. The company also saw a substantial improvement in profitability, with a 41.92% increase in profit. The company's net worth Soared by an impressive increase of 43.93%.

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
14.67%
Revenue from Operations
13.80%
Total Assets
29.06%
Profit or Loss
41.92%
Net Worth
43.93%
EBITDA
33.57%

What is the Ownership and Shareholding Structure of Saru Silver Alloys?

In 2024, Saru Silver Alloys 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

₹36.15 Cr

Satisfied Charges

₹4.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.31 Cr
  • Bank Of Baroda : 2.55 Cr
  • Sidbi : 0.29 Cr
  • Uttar Pradesh Financial Corporation : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2023Others₹7.50 CrOpen
30 May 2022Others₹3.35 CrOpen
27 Oct 2021Sidbi₹2.92 MOpen
18 Jan 2019Others₹2.30 MOpen
19 Apr 2017Others₹2.27 MOpen

How Many Employees Work at Saru Silver Alloys?

Saru Silver Alloys has a workforce of 112 employees as of Dec 06, 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 Saru Silver Alloys, 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 Saru Silver Alloys'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 Saru Silver Alloys

Recent activity within the organization

  • Annual General Meeting

    Saru Silver Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 22.00 Cr registered on 23 Jan 1995 with Charge ID 80044879 was modified on 16 Jul 2024.

    16 Jul 2024

  • Charges

    A charge registered on 05 Jul 2019 via Charge ID 100274491 with Sidbi was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 01 Dec 2017 via Charge ID 100140703 with Sidbi was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 18 Mar 2015 via Charge ID 10555447 with Small Industries Development Bank Of India was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 28 Feb 2013 via Charge ID 10411510 with Small Industries Development Bank Of India was fully satisfied on 09 Jul 2024.

    09 Jul 2024

Frequently asked questions

  • Saru Silver Alloys Private Limited was incorporated on 17 Feb 1988.

  • The authorized share capital of Saru Silver Alloys Private Limited is ₹ 1.24 Cr and paid-up capital is ₹ 1.15 Cr.

  • Currently 3 directors are associated with Saru Silver Alloys Private Limited.

    • Madhu Jain
    • Abhishek Jain
    • Pooja Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saru Silver Alloys Private Limited is Saru Nagarsardhana Road Meerut India, Uttar Pradesh.

  • The corporate identification number (CIN) of Saru Silver Alloys Private Limited is U27101UP1988PTC009350 and the company number is 009350 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saru Silver Alloys Private Limited is https://www.sarusilver.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Saru Silver Alloys Private Limited has risen by 14.67%.

  • As Per 2024 financial reports, 112 employees are currently employed by Saru Silver Alloys Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Saru Silver Alloys Private Limited has experienced an upsurge of 43.93%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Saru Silver Alloys Private Limited amount to ₹ 36.15 Cr.

  • The most recent Balance Sheet for Saru Silver Alloys Private Limited was filed with the ROC on 31 Mar 2024.

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