Sasco Steel Private Limited

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

1998 | Singhbhum, Jharkhand (India) | Active
Last Updated:

Sasco Steel Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.89 M
  • Company Age 27 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.29 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 27 years. Its registered office is in Singhbhum, 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 2024. 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 ₹9.29 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

    Singhbhum, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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)

NameDesignationAppointment DateStatus
Vikash Singh Country flag representing In Director 05-Feb-2024Current
Asha Singh Country flag representing In Director 26-Feb-1998Current

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%.

Sasco Steel revenue growth over time
Sasco Steel 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

₹92.90 M

Satisfied Charges

₹165.82 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.58 Cr
  • Others : 2.71 Cr

Latest Charge Details

DateLenderAmountStatus
04 Nov 2022Hdfc Bank Limited₹6.58 CrOpen
14 Sep 2020Others₹1.84 CrOpen
14 Sep 2020Others₹8.70 MOpen
17 Dec 2019Karnataka Bank Ltd.₹3.22 CrSatisfied
24 Jan 2006State Bank Of India₹9.60 MSatisfied

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.

Employee growth trends for Sasco Steel Private Limited

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

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 65.80 M registered on 04 Nov 2022 with Charge ID 100682828 was modified on 22 May 2024.

  • Balance Sheet

    Sasco Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

  • Director Appointment

    Vikash Kumar Singh was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 65.80 M with Charge ID 100682828 was registered on 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.

Frequently asked questions

  • What is the Incorporation or founding date of Sasco Steel Private Limited?

    Sasco Steel Private Limited was incorporated on 26 Feb 1998.

  • What is authorized share capital and paid-up capital of Sasco Steel Private Limited?

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

  • Who are the current board members & directors of Sasco Steel Private Limited?

    Currently 2 directors are associated with Sasco Steel Private Limited.

    • Vikash Kumar Singh
    • Asha Singh

  • What is the registered address of Sasco Steel Private Limited?

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

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

    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).

  • What is the official website of Sasco Steel Private Limited?

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

  • What has been the recent revenue trend for Sasco Steel Private Limited?

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

  • How many employees does Sasco Steel Private Limited currently have?

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

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

    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%.

  • What are the total open charges for Sasco Steel Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sasco Steel Private Limited amount to ₹ 9.29 Cr.

  • When was the last Balance Sheet of Sasco Steel Private Limited filed with the ROC?

    The most recent Balance Sheet for Sasco Steel Private Limited was filed with the ROC on 31 Mar 2024.

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