Sasco Steel Private Limited

Manufacturer of alloy steel castings for power, mining, and infrastructure sectors with ISO certification.

1998 | Jamshedpur, Jharkhand (India) | Active
Last Updated: July 06, 2024

Sasco Steel Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.89 M
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.29 Cr
  • Satisfied Charges ₹ 16.58 Cr
  • Revenue Growth 11.57%
  • Profit Growth 187.46%
  • Ebitda 167.69%
  • Net Worth 17.02%
  • Total Assets 5.08%

About Sasco Steel

Sasco Steel Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 1998 and has a history of 26 years and 11 months. Its registered office is in Jamshedpur, Jharkhand, India.

The Company is engaged in the Manufacturing 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 4.89 M.

The company currently has active open charges totaling ₹6.29 Cr. The company has closed loans amounting to ₹16.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikash Singh and Asha Singh serve as directors at the Company.

Company Details

  • Location

    Jamshedpur, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310JH1998PTC008370

  • Company No.

    008370

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Manufacturing
Media and Publishing

What products or services does Sasco Steel Private Limited offer?

Sasco Steel Private Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery.

Who are the key members and board of directors at Sasco Steel?

Board Members (2)

Name Designation Appointment Date Status
Vikash Singh Country flag representing In Director 15-Feb-2024 Current
Asha Singh Country flag representing In Director 26-Feb-1998 Current

Financial Performance of Sasco Steel.

Sasco Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.57% increase. The company also saw a substantial improvement in profitability, with a 187.46% increase in profit. The company's net worth Soared by an impressive increase of 17.02%.

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
11.57%
Revenue from Operations
11.48%
Total Assets
5.08%
Profit or Loss
187.46%
Net Worth
17.02%
EBITDA
167.69%

What is the Ownership and Shareholding Structure of Sasco Steel?

In 2023, Sasco Steel 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

₹62.90 M

Satisfied Charges

₹165.82 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.58 Cr
  • Others : 2.71 Cr

Latest Charge Details

Date Lender Amount Status
04 Nov 2022 Hdfc Bank Limited ₹3.58 Cr Open
14 Sep 2020 Others ₹8.70 M Open
14 Sep 2020 Others ₹1.84 Cr Open
17 Dec 2019 Karnataka Bank Ltd. ₹3.22 Cr Satisfied
24 Jan 2006 State Bank Of India ₹9.60 M Satisfied

How Many Employees Work at Sasco Steel?

Sasco Steel has a workforce of 34 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sasco Steel, 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 Sasco Steel'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 Sasco Steel

Recent activity within the organization

  • Director Appointment

    Vikash Kumar Singh was appointed as a Director was appointed as a Director on 15 Feb 2024 & has been associated with this company since 11 months 18 days .

    15 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 35.80 M registered on 04 Nov 2022 with Charge ID 100682828 was modified on 28 Apr 2023.

    28 Apr 2023

  • Balance Sheet

    Sasco Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 35.80 M with Charge ID 100682828 was registered on 04 Nov 2022.

    04 Nov 2022

  • Charges

    A charge registered on 17 Dec 2019 via Charge ID 100315594 with Karnataka Bank Ltd. was fully satisfied on 23 Sep 2020.

    23 Sep 2020

Frequently asked questions

  • Sasco Steel Private Limited was incorporated on 26 Feb 1998.

  • The authorized share capital of Sasco Steel Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.89 M.

  • Currently 2 directors are associated with Sasco Steel Private Limited.

    • Vikash Kumar Singh
    • Asha Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sasco Steel Private Limited is Lakeshwari BhawanAdityapur P.S.-Adityapur, Jamshedpur, Jharkhand, India, 831013.

  • The corporate identification number (CIN) of Sasco Steel Private Limited is U27310JH1998PTC008370 and the company number is 008370 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sasco Steel Private Limited is https://www.sascosteel.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sasco Steel Private Limited has risen by 11.57%.

  • As Per 2023 financial reports, 34 employees are currently employed by Sasco Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sasco Steel Private Limited has experienced an upsurge of 17.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sasco Steel Private Limited amount to ₹ 6.29 Cr.

  • The most recent Balance Sheet for Sasco Steel Private Limited was filed with the ROC on 31 Mar 2023.

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