Sharu Special Alloys Private Limited

Manufactures and trades various alloys and steels with a monthly capacity of 12,000 tons.

2005 | Ludhiana, Punjab (India) | Active
Last Updated: June 15, 2024

Sharu Special Alloys Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.15 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.09 Cr
  • Satisfied Charges ₹ 9.18 Cr
  • Revenue Growth 9.98%
  • Profit Growth 7.36%
  • Ebitda 32.16%
  • Net Worth 70.75%
  • Total Assets 69.58%

About Sharu Special Alloys

Sharu Special Alloys Private Limited (SSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 2005 and has a history of 19 years and 11 months. 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 1.15 Cr.

The company currently has active open charges totaling ₹39.09 Cr. The company has closed loans amounting to ₹9.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naresh Jain and Saurabh Jain serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100PB2005PTC028041

  • Company No.

    028041

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2005

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

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

Executive Team (1)

Name Designation Appointment Date Status
Naresh Jain Country flag representing In Managing Director 01-Mar-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Saurabh Jain Country flag representing In Director 31-Jul-2022 Current

Financial Performance of Sharu Special Alloys.

Sharu Special Alloys Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.98% increase. The company also saw a slight improvement in profitability, with a 7.36% increase in profit. The company's net worth Soared by an impressive increase of 70.75%.

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
9.98%
Revenue from Operations
9.97%
Total Assets
69.58%
Profit or Loss
7.36%
Net Worth
70.75%
EBITDA
32.16%

What is the Ownership and Shareholding Structure of Sharu Special Alloys?

In 2023, Sharu Special Alloys 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

₹39.09 Cr

Satisfied Charges

₹9.18 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 39.09 Cr

Latest Charge Details

Date Lender Amount Status
05 Apr 2024 Hdfc Bank Limited ₹4.00 M Open
27 Apr 2023 Hdfc Bank Limited ₹1.90 M Open
01 Nov 2019 Hdfc Bank Limited ₹38.50 Cr Open
31 Jul 2015 Punjab National Bank ₹1.56 Cr Satisfied
31 Jul 2015 Others ₹5.50 M Satisfied

How Many Employees Work at Sharu Special Alloys?

Sharu Special Alloys has a workforce of 98 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sharu Special Alloys, 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 Special Alloys'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 Special Alloys

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100899743 was registered on 05 Apr 2024.

    05 Apr 2024

  • Annual General Meeting

    Sharu Special Alloys Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 38.50 Cr registered on 01 Nov 2019 with Charge ID 100301878 was modified on 02 Sep 2023.

    02 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100715473 was registered on 27 Apr 2023.

    27 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 31 Jul 2015 via Charge ID 10591388 with Others was fully satisfied on 19 Sep 2022.

    19 Sep 2022

Frequently asked questions

  • Sharu Special Alloys Private Limited was incorporated on 01 Mar 2005.

  • The authorized share capital of Sharu Special Alloys Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.15 Cr.

  • Currently 2 directors are associated with Sharu Special Alloys Private Limited.

    • Naresh Kumar Jain
    • Saurabh Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharu Special Alloys Private Limited is Village Gobindgarh Adjoining Phase Vii Focal Point Ludhiana Punjab-141010, India.

  • The corporate identification number (CIN) of Sharu Special Alloys Private Limited is U27100PB2005PTC028041 and the company number is 028041 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharu Special Alloys Private Limited has risen by 9.98%.

  • As Per 2023 financial reports, 98 employees are currently employed by Sharu Special Alloys Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharu Special Alloys Private Limited has experienced an upsurge of 70.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharu Special Alloys Private Limited amount to ₹ 39.09 Cr.

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

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