Sharu Industries Private Limited

Manufacturer of steel products, including ingots, bars, and flats, with ISO certifications.

1999 | Ludhiana, Punjab (India) | Active
Last Updated: July 29, 2024

Sharu Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 26 Year, 7 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 54.44 Cr
  • Satisfied Charges ₹ 68.20 Cr
  • Revenue Growth 7.10%
  • Profit Growth -6.38%
  • Ebitda 9.14%
  • Net Worth 13.31%
  • Total Assets 17.21%

About Sharu Industries

Sharu Industries Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 1999 and has a history of 26 years. Its registered office is in Ludhiana, Punjab, India.

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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹54.44 Cr. The company has closed loans amounting to ₹68.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohit Jain, Gaurav Jain, Ridham Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00000PB1999PTC022166

  • Company No.

    022166

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Sharu Industries Private Limited offer?

Sharu Industries Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Industrial Steel, Steel Round Bars, Round Steel Bar.

Who are the key members and board of directors at Sharu Industries?

Executive Team (1)

Name Designation Appointment Date Status
Rohit Jain Country flag representing In Managing Director 27-Jan-1999 Current

Board Members (3)

Name Designation Appointment Date Status
Gaurav Jain Country flag representing In Director 31-Jul-2022 Current
Ridham Jain Country flag representing In Additional Director 03-Jul-2024 Current
Manisha Jain Country flag representing In Director 22-Jul-2021 Current

Financial Performance of Sharu Industries.

Sharu Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.1% increase. The company also saw a slight decrease in profitability, with a 6.38% decrease in profit. The company's net worth Soared by an impressive increase of 13.31%.

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
7.10%
Revenue from Operations
7.04%
Total Assets
17.21%
Profit or Loss
-6.38%
Net Worth
13.31%
EBITDA
9.14%

What is the Ownership and Shareholding Structure of Sharu Industries?

In 2023, Sharu Industries 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

₹54.44 Cr

Satisfied Charges

₹68.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 54.24 Cr
  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
18 Jul 2023 Hdfc Bank Limited ₹3.40 M Open
31 Jan 2023 Hdfc Bank Limited ₹4.00 M Open
25 Aug 2021 Others ₹2.00 M Open
15 Apr 2021 Hdfc Bank Limited ₹53.50 Cr Open
15 Apr 2021 Hdfc Bank Limited ₹32.00 Cr Satisfied

How Many Employees Work at Sharu Industries?

Sharu Industries has a workforce of 200 employees as of Mar 30, 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 Sharu Industries, 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 Sharu Industries'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 Sharu Industries

Recent activity within the organization

  • Director Appointment

    Ridham Jain was appointed as a Additional Director was appointed as a Additional Director on 03 Jul 2024 & has been associated with this company since 7 months 2 days .

    03 Jul 2024

  • Annual General Meeting

    Sharu Industries 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 amounted to Rs. 0.34 Cr with Charge ID 100780929 was registered on 18 Jul 2023.

    18 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 53.50 Cr registered on 15 Apr 2021 with Charge ID 100457962 was modified on 15 Jul 2023.

    15 Jul 2023

  • Balance Sheet

    Sharu Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100672915 was registered on 31 Jan 2023.

    31 Jan 2023

Frequently asked questions

  • Sharu Industries Private Limited was incorporated on 27 Jan 1999.

  • The authorized share capital of Sharu Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 4 directors are associated with Sharu Industries Private Limited.

    • Rohit Jain
    • Gaurav Jain
    • Ridham Jain
    • Manisha Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharu Industries Private Limited is Village Nichi Mangli Adjoining Phase-Vii Focal Point, Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of Sharu Industries Private Limited is U00000PB1999PTC022166 and the company number is 022166 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sharu Industries Private Limited is https://www.sharuindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharu Industries Private Limited has risen by 7.10%.

  • As Per 2023 financial reports, 200 employees are currently employed by Sharu Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharu Industries Private Limited has experienced an upsurge of 13.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharu Industries Private Limited amount to ₹ 54.44 Cr.

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

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