Sesa Resources Limited

Steel producer offering iron ore, pig iron, and metcoke as part of Vedanta Group's iron ore business.

1965 | Goa, Goa (India) | Active
Last Updated:

Sesa Resources Profile

Key Indicators

  • Authorised Capital ₹ 14.95 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 59 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.19 Cr
  • Satisfied Charges ₹ 1,867.27 Cr
  • Revenue Growth 70.26%
  • Profit Growth 1435.28%
  • Ebitda 143.32%
  • Net Worth 721.78%
  • Total Assets 151.42%

About Sesa Resources

Sesa Resources Limited (SRL) was founded in India on 22 April 1965 and has a glorious history of 59 years and ten months. Its registered office is in Goa, Goa, India.

The Corporate was formerly known as V. S. Dempo & Company 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 2024. It's a company limited by shares with an authorized capital of Rs 14.95 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹2.19 Cr. The company has closed loans amounting to ₹1,867.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Leena Verenkar, Narayanaswamy Ramakrishnan, and Navin Jaju serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U13209GA1965PLC000030

  • Company No.

    000030

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1965

  • Date of AGM

    28 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Metals and Minerals

Who are the key members and board of directors at Sesa Resources?

Board Members (3)

NameDesignationAppointment DateStatus
Navin Jaju Country flag representing In Additional Director 10-Aug-2020Current
Leena Verenkar Country flag representing In Director 23-Dec-2022Current
Narayanaswamy Ramakrishnan Country flag representing In Director 30-Mar-2015Current

Financial Performance of Sesa Resources.

Sesa Resources Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.26% increase. The company also saw a substantial improvement in profitability, with a 1435.28% increase in profit. The company's net worth Soared by an impressive increase of 721.78%.

Sesa Resources revenue growth over time
Sesa Resources 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
70.26%
Revenue from Operations
78.03%
Total Assets
151.42%
Profit or Loss
1435.28%
Net Worth
721.78%
EBITDA
143.32%

What is the Ownership and Shareholding Structure of Sesa Resources?

In 2023, Sesa Resources had a promoter holding of 100.00%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.19 Cr

Satisfied Charges

₹1,867.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.19 Cr

Latest Charge Details

DateLenderAmountStatus
12 May 2023Others₹1.65 CrOpen
31 May 2021Others₹5.40 MOpen
26 Mar 2024Others₹1,600.00 CrSatisfied
25 Sep 2006Standard Chartered Bank₹46.50 CrSatisfied
14 Sep 2005Canara Bank₹30.00 CrSatisfied

How Many Employees Work at Sesa Resources?

Sesa Resources has a workforce of 115 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.

Employee growth trends for Sesa Resources Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sesa Resources, 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 Sesa Resources'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 Sesa Resources

Recent activity within the organization

  • Charges

    A charge registered on 26 Mar 2024 via Charge ID 100935194 with Others was fully satisfied on 16 Sep 2024.

  • Annual General Meeting

    Sesa Resources Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Sesa Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

  • Charges

    A charge with Others amounted to Rs. 1,600.00 Cr with Charge ID 100935194 was registered on 26 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 1.65 Cr with Charge ID 100725284 was registered on 12 May 2023.

  • Director Appointment

    Leena Bhiku Verenkar was appointed as a Director was appointed as a Director on 23 Dec 2022 & has been associated with this company since 2 years 2 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Sesa Resources Limited?

    Sesa Resources Limited was incorporated on 22 Apr 1965.

  • What is authorized share capital and paid-up capital of Sesa Resources Limited?

    The authorized share capital of Sesa Resources Limited is ₹ 14.95 Cr and paid-up capital is ₹ 1.25 Cr.

  • Who are the current board members & directors of Sesa Resources Limited?

    Currently 3 directors are associated with Sesa Resources Limited.

    • Leena Bhiku Verenkar
    • Narayanaswamy Alampallam Ramakrishnan
    • Navin Kumar Jaju

  • What is the registered address of Sesa Resources Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sesa Resources Limited is Sesa Ghor, 20 Edc Complex Patto India, Panaji, Goa, 403001.

  • What is the corporate identification number (CIN) and company number of Sesa Resources Limited?

    The corporate identification number (CIN) of Sesa Resources Limited is U13209GA1965PLC000030 and the company number is 000030 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sesa Resources Limited?

    The Official website of Sesa Resources Limited is https://www.sesagoaironore.com

  • What has been the recent revenue trend for Sesa Resources Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sesa Resources Limited has risen by 70.26%.

  • How many employees does Sesa Resources Limited currently have?

    As Per 2023 financial reports, 115 employees are currently employed by Sesa Resources Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sesa Resources Limited has experienced an upsurge of 721.78%.

  • What are the total open charges for Sesa Resources Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sesa Resources Limited amount to ₹ 2.19 Cr.

  • When was the last Balance Sheet of Sesa Resources Limited filed with the ROC?

    The most recent Balance Sheet for Sesa Resources Limited was filed with the ROC on 31 Mar 2024.

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