Sarup Industries Limited

Manufactures and exports high-quality leather products, including footwear, for international brands.

1979 | Jalandhar, Punjab (India) | Active
Last Updated: November 15, 2024

Sarup Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 45 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.26 Cr
  • Satisfied Charges ₹ 28.35 Cr
  • Revenue Growth -21.23%
  • Profit Growth -15.22%
  • Ebitda -85.02%
  • Net Worth -76.72%
  • Total Assets -2.50%

About Sarup Industries

Sarup Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 July 1979 and has a history of 45 years and six months. Its registered office is in Jalandhar, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514412.

The Corporate was formerly known as Sarup Tanneries Limited. The Company is engaged in the Consumer Goods 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 4.00 Cr and a paid-up capital of Rs 3.25 Cr.

The company currently has active open charges totaling ₹16.26 Cr. The company has closed loans amounting to ₹28.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sarup Industries Limited India are Ashish Mahendru as CFO and Megha Gandhi as Company Secretary. Atamjit Bawa, Simarjit Bawa, Ashwani Arora, and Five other members serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sarupindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L19113PB1979PLC004014

  • Company No.

    004014

  • Stock Symbol

    BSE : 514412

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1979

  • Date of AGM

    12 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Consumer Goods

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ashish Mahendru CFO05-Jan-2024Current
Simarjit Bawa Country flag representing In Managing Director22-Sep-1995Current
Megha Gandhi Country flag representing In Company Secretary02-Aug-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Atamjit Bawa Country flag representing In Director 29-Sep-2015Current
Ashwani Arora Country flag representing In Director 28-Sep-2007Current
Rajinder Bhatia Country flag representing In Director 27-Aug-2021Current
Ajay Sharma Director 02-Jul-2024Current
Kamal Sharma Director 02-Jul-2024Current
Harjinder Kaur Country flag representing In Director 03-Apr-2024Current

Financial Performance of Sarup Industries.

Sarup Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.23% decrease. The company also saw a substantial fall in profitability, with a 15.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 76.72%.

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
-21.23%
Revenue from Operations
-24.96%
Total Assets
-2.50%
Profit or Loss
-15.22%
Net Worth
-76.72%
EBITDA
-85.02%

What is the Ownership and Shareholding Structure of Sarup Industries?

In 2022, Sarup Industries had a promoter holding of 74.36% and a public holding of 25.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.26 Cr

Satisfied Charges

₹28.35 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.26 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2007State Bank Of India₹16.26 CrOpen
13 Dec 2011Distt. Industries Centre₹3.00 MSatisfied
23 Oct 2002Punjab & Sind Bank₹1.91 CrSatisfied
10 Aug 2000Punjab & Sind Bank₹8.05 CrSatisfied
28 Apr 2000Punjab & Sind Bank₹8.05 CrSatisfied

How Many Employees Work at Sarup Industries?

Sarup Industries has a workforce of 203 employees as of Apr 08, 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 Sarup 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 Sarup 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 Sarup Industries

Recent activity within the organization

  • Annual General Meeting

    Sarup Industries Limited last Annual general meeting of members was held on 12 Jul 2024 as per latest MCA records.

    12 Jul 2024

  • Director Appointment

    Ajay Kumar Sharma was appointed as a Director was appointed as a Director on 02 Jul 2024 & has been associated with this company since 7 months 20 days .

    02 Jul 2024

  • Director Appointment

    Kamal Jeet Sharma was appointed as a Director was appointed as a Director on 02 Jul 2024 & has been associated with this company since 7 months 20 days .

    02 Jul 2024

  • Director Appointment

    Harjinder Kaur was appointed as a Director was appointed as a Director on 03 Apr 2024 & has been associated with this company since 10 months 18 days .

    03 Apr 2024

  • Balance Sheet

    Sarup Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Ashish Mahendru was appointed as a Cfo was appointed as a Cfo on 05 Jan 2024 & has been associated with this company since 1 year 1 month .

    05 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sarup Industries Limited was incorporated on 27 Jul 1979.

  • The authorized share capital of Sarup Industries Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.25 Cr.

  • Currently 10 directors are associated with Sarup Industries Limited.

    • Ashish Mahendru
    • Atamjit Singh Bawa
    • Simarjit Singh Bawa
    • Ashwani Arora
    • Rajinder Kumar Bhatia
    • Ajay Kumar Sharma
    • Megha Gandhi
    • Kamal Jeet Sharma
    • Harjinder Kaur
    • Jagdish Chand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarup Industries Limited is P.O. Ramdasspura Near Guru Ravidass Chowk India, Jalandhar - I, Punjab, 144001.

  • The corporate identification number (CIN) of Sarup Industries Limited is L19113PB1979PLC004014 and the company number is 004014 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sarup Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sarup Industries Limited is https://www.sarupindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sarup Industries Limited has fallen by -21.23%.

  • As Per 2023 financial reports, 203 employees are currently employed by Sarup Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sarup Industries Limited has experienced an downturn of -76.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sarup Industries Limited amount to ₹ 16.26 Cr.

  • The most recent Balance Sheet for Sarup Industries Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Footwear Manufacturing