Sawp Steel Limited

Manufactures and trades MS wire products and DWC since 1995 in Andhra Pradesh.

1995 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated:

Sawp Steel Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.17 Cr
  • Satisfied Charges ₹ 29.55 Cr
  • Revenue Growth 14.91%
  • Profit Growth 7546.06%
  • Ebitda 0.67%
  • Net Worth 4.76%
  • Total Assets 3.53%

About Sawp Steel

Sawp Steel Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 August 1995 and has a history of 29 years and six months. Its registered office is in Vizianagaram, Andhra Pradesh, India.

The Corporate was formerly known as Sawp Industries Limited. 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 10.00 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹50.17 Cr. The company has closed loans amounting to ₹29.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bavineni Rajesh, Vijay Duvvuru, Avinash Yamdagni, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vizianagaram, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28112AP1995PLC021434

  • Company No.

    021434

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals
Manufacturing

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

Board Members (5)

NameDesignationAppointment DateStatus
Bavineni Rajesh Country flag representing In Director 01-Jun-2020Current
Vijay Duvvuru Country flag representing In Director 01-Apr-2018Current
Avinash Yamdagni Country flag representing In Director 20-Feb-2020Current
Chenchu Chevuru Country flag representing In Director 01-Apr-2018Current
Suchitra Bandi Country flag representing In Director 15-Oct-2021Current

Financial Performance of Sawp Steel.

Sawp Steel Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.91% increase. The company also saw a substantial improvement in profitability, with a 7546.06% increase in profit. The company's net worth moved up by a moderate rise of 4.76%.

Sawp Steel revenue growth over time
Sawp 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
14.91%
Revenue from Operations
14.93%
Total Assets
3.53%
Profit or Loss
7546.06%
Net Worth
4.76%
EBITDA
0.67%

What is the Ownership and Shareholding Structure of Sawp Steel?

In 2022, Sawp Steel had a promoter holding of 82.04% and a public holding of 17.96%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.17 Cr

Satisfied Charges

₹29.55 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 50.00 Cr
  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2024Hdfc Bank Limited₹1.69 MOpen
17 Feb 2023Axis Bank Limited₹40.00 CrOpen
29 Aug 2022Axis Bank Limited₹10.00 CrOpen
18 Oct 2023Axis Bank Limited₹5.00 CrSatisfied
29 Jun 2021Hdfc Bank Limited₹2.85 MSatisfied

How Many Employees Work at Sawp Steel?

Sawp Steel has a workforce of 79 employees as of Apr 07, 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 Sawp Steel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sawp 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 Sawp 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 Sawp Steel

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 17 Feb 2023 with Charge ID 100684853 was modified on 20 Sep 2024.

  • Charges

    A charge registered on 18 Oct 2023 via Charge ID 100807293 with Axis Bank Limited was fully satisfied on 29 Jul 2024.

  • Charges

    A charge registered on 29 Jun 2021 via Charge ID 100479865 with Hdfc Bank Limited was fully satisfied on 05 Jul 2024.

  • Charges

    A charge registered on 23 Feb 2021 via Charge ID 100441420 with Hdfc Bank Limited was fully satisfied on 06 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100858552 was registered on 29 Jan 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 29 Aug 2022 with Charge ID 100616853 was modified on 04 Jan 2024.

Frequently asked questions

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

    Sawp Steel Limited was incorporated on 18 Aug 1995.

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

    The authorized share capital of Sawp Steel Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.50 Cr.

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

    Currently 5 directors are associated with Sawp Steel Limited.

    • Bavineni Rajesh
    • Vijay Kumar Reddy Duvvuru
    • Avinash Yamdagni
    • Chenchu Krishnaiah Chevuru
    • Suchitra Bandi

  • What is the registered address of Sawp Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sawp Steel Limited is Sy. No-88/2 88/3 (Vi) L Kota Mandal Vizianagaram (Dist), India, Relligaviramma Peta, Andhra Pradesh, 535161.

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

    The corporate identification number (CIN) of Sawp Steel Limited is U28112AP1995PLC021434 and the company number is 021434 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sawp Steel Limited?

    The Official website of Sawp Steel Limited is https://www.sawpsteel.com

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Sawp Steel Limited has risen by 14.91%.

  • How many employees does Sawp Steel Limited currently have?

    As Per 2022 financial reports, 79 employees are currently employed by Sawp Steel Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Sawp Steel Limited has experienced an upsurge of 4.76%.

  • What are the total open charges for Sawp Steel Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sawp Steel Limited amount to ₹ 50.17 Cr.

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

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

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