Saurashtra Salt Works Private Limited

This company exports sugar mill machinery and offers real estate rental services.

1957 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Saurashtra Salt Works Profile

Key Indicators

  • Authorised Capital ₹ 1.06 Cr
  • Paid Up Capital ₹ 1.68 M
  • Company Age 67 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.20 Cr
  • Revenue Growth -16.43%
  • Profit Growth -83.31%
  • Ebitda 14.93%
  • Net Worth 0.36%
  • Total Assets -5.49%

About Saurashtra Salt Works

Saurashtra Salt Works Private Limited (SSWPL) was founded in India on 30 July 1957 and has a glorious history of 67 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 1.06 Cr and a paid-up capital of Rs 1.68 M.

The company has closed loans amounting to ₹8.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Santosh Maheshwari, Kishor Doshi, Shrai Manubhai, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24298MH1957PTC010919

  • Company No.

    010919

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1957

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Saurashtra Salt Works?

Board Members (5)

Name Designation Appointment Date Status
Santosh Maheshwari Country flag representing In Director 17-Jul-1998 Current
Kishor Doshi Country flag representing In Director 30-Sep-1994 Current
Shrai Manubhai Country flag representing Gb Director 25-Oct-2010 Current
Kamlesh Manubhai Country flag representing Gb Director 23-Mar-1978 Current
Devang Trivedi Country flag representing In Director 01-Jan-2024 Current

Financial Performance of Saurashtra Salt Works.

Saurashtra Salt Works Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 16.43% decrease. The company also saw a substantial fall in profitability, with a 83.31% decrease in profit. The company's net worth moved up by a moderate rise of 0.36%.

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
-16.43%
Revenue from Operations
-22.15%
Total Assets
-5.49%
Profit or Loss
-83.31%
Net Worth
0.36%
EBITDA
14.93%

What is the Ownership and Shareholding Structure of Saurashtra Salt Works?

In 2021, Saurashtra Salt Works had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.20 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2017 Hdfc Bank Limited ₹5.00 Cr Satisfied
10 Aug 2007 Hdfc Bank Limited ₹3.20 Cr Satisfied

How Many Employees Work at Saurashtra Salt Works?

Saurashtra Salt Works has a workforce of 17 employees as of Apr 04, 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 Saurashtra Salt Works, 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 Saurashtra Salt Works'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 Saurashtra Salt Works

Recent activity within the organization

  • Annual General Meeting

    Saurashtra Salt Works Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Saurashtra Salt Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Devang Jitendrakumar Trivedi was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 1 year 1 month .

    01 Jan 2024

  • Charges

    A charge registered on 21 Nov 2017 via Charge ID 100173136 with Hdfc Bank Limited was fully satisfied on 17 Jan 2022.

    17 Jan 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100173136 was registered on 21 Nov 2017.

    21 Nov 2017

  • Charges

    A charge registered on 10 Aug 2007 via Charge ID 10072524 with Hdfc Bank Limited was fully satisfied on 09 Oct 2014.

    09 Oct 2014

Frequently asked questions

  • Saurashtra Salt Works Private Limited was incorporated on 30 Jul 1957.

  • The authorized share capital of Saurashtra Salt Works Private Limited is ₹ 1.06 Cr and paid-up capital is ₹ 1.68 M.

  • Currently 5 directors are associated with Saurashtra Salt Works Private Limited.

    • Santosh Kumar Maheshwari
    • Kishor Chamanlal Doshi
    • Shrai Madhvani Manubhai
    • Kamlesh Madhvani Manubhai
    • Devang Jitendrakumar Trivedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saurashtra Salt Works Private Limited is 6-B Vulcan Insurance Bldgveer Nariman Road Churchgate India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Saurashtra Salt Works Private Limited is U24298MH1957PTC010919 and the company number is 010919 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saurashtra Salt Works Private Limited has fallen by -16.43%.

  • As Per 2022 financial reports, 17 employees are currently employed by Saurashtra Salt Works Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saurashtra Salt Works Private Limited has experienced an upsurge of 0.36%.

  • The most recent Balance Sheet for Saurashtra Salt Works Private Limited was filed with the ROC on 31 Mar 2024.

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