Saru Smelting Private Limited

Manufacturer of electrical equipment, including solders and alloys, with global exports.

1946 | Meerut, Uttar Pradesh (India) | Active
Last Updated:

Saru Smelting Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 79 Year, 12 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.80 Cr
  • Satisfied Charges ₹ 4.56 Cr
  • Revenue Growth 26.49%
  • Profit Growth 4.17%
  • Ebitda 1.85%
  • Net Worth 4.51%
  • Total Assets 12.43%

About Saru Smelting

Saru Smelting Private Limited (SSPL) was founded in India on 27 April 1946 and has a glorious history of 79 years . Its registered office is in Meerut, Uttar Pradesh, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹9.80 Cr. The company has closed loans amounting to ₹4.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shashank Jain, Ashu Jain, and Tarush Jain serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24242UP1946PTC001460

  • Company No.

    001460

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1946

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

What products or services does Saru Smelting Private Limited offer?

Saru Smelting Private Limited offers a wide range of products and services, including Industrial & Engineering Goods, Industrial Engineering Components, Metal Finishing & Coating Services, Coating Services, Industrial Furnaces & Ovens, Furnace Parts, Radiation Shield, Soldering Machines and Accesories, Solder Wires and Sticks, Metal Sheets.

Company report

Saru Smelting Private Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Shashank Jain Country flag representing In Director 18-Apr-1988Current
Ashu Jain Country flag representing In Director 07-Apr-1997Current
Tarush Jain Country flag representing In Director 06-Nov-2015Current

Financial Performance of Saru Smelting.

Saru Smelting Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.49% increase. The company also saw a slight improvement in profitability, with a 4.17% increase in profit. The company's net worth moved up by a moderate rise of 4.51%.

Saru Smelting revenue growth over time
Saru Smelting 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
26.49%
Revenue from Operations
25.81%
Total Assets
12.43%
Profit or Loss
4.17%
Net Worth
4.51%
EBITDA
1.85%

What is the Ownership and Shareholding Structure of Saru Smelting?

In 2023, Saru Smelting had a promoter holding of 87.79% and a public holding of 12.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹98.00 M

Satisfied Charges

₹45.63 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 9.50 Cr
  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2024Others₹1.20 MOpen
30 Mar 2024Axis Bank Limited₹4.00 CrOpen
19 Sep 2023Others₹1.80 MOpen
07 Sep 2022Axis Bank Limited₹5.50 CrOpen
09 Aug 1999Bank Of Baroda₹4.56 CrSatisfied

How Many Employees Work at Saru Smelting?

Saru Smelting has a workforce of 17 employees as of Apr 05, 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 Saru Smelting Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saru Smelting, 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 Smelting'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 Smelting

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.20 M with Charge ID 100970217 was registered on 21 Aug 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 40.00 M with Charge ID 100938800 was registered on 30 Mar 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 55.00 M registered on 07 Sep 2022 with Charge ID 100622246 was modified on 23 Dec 2023.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 1.80 M with Charge ID 100804169 was registered on 19 Sep 2023.

  • Balance Sheet

    Saru Smelting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

Frequently asked questions

  • What is the Incorporation or founding date of Saru Smelting Private Limited?

    Saru Smelting Private Limited was incorporated on 27 Apr 1946.

  • What is authorized share capital and paid-up capital of Saru Smelting Private Limited?

    The authorized share capital of Saru Smelting Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Saru Smelting Private Limited?

    Currently 3 directors are associated with Saru Smelting Private Limited.

    • Shashank Jain
    • Ashu Jain
    • Tarush Jain

  • What is the registered address of Saru Smelting Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saru Smelting Private Limited is Saru Nagar Sardhana Road India, Meerut, Uttar Pradesh, 250002.

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

    The corporate identification number (CIN) of Saru Smelting Private Limited is U24242UP1946PTC001460 and the company number is 001460 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saru Smelting Private Limited?

    The Official website of Saru Smelting Private Limited is https://www.sarumetals.com

  • What has been the recent revenue trend for Saru Smelting Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saru Smelting Private Limited has risen by 26.49%.

  • How many employees does Saru Smelting Private Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Saru Smelting Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Saru Smelting Private Limited has experienced an upsurge of 4.51%.

  • What are the total open charges for Saru Smelting Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Saru Smelting Private Limited amount to ₹ 9.80 Cr.

  • When was the last Balance Sheet of Saru Smelting Private Limited filed with the ROC?

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

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