Shree Sainath Electrocote Private Limited

Manufacturer and supplier of mechanical components, offering plating and brazing services to various clients.

1996 | Thane, Maharashtra (India) | Active
Last Updated: December 28, 2024

Shree Sainath Electrocote Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.96 Cr
  • Satisfied Charges ₹ 4.15 M
  • Revenue Growth 18.03%
  • Profit Growth -25.85%
  • Ebitda 20.81%
  • Net Worth 6.63%
  • Total Assets 27.05%

About Shree Sainath Electrocote

Shree Sainath Electrocote Private Limited (SSEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 August 1996 and has a history of 28 years and five months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 3.50 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹1.96 Cr. The company has closed loans amounting to ₹4.15 M, as per Ministry of Corporate Affairs (MCA) records.

Mahadeo Bagwe, Manali Bagwe, Amit Bagwe, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ssepl.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1996PTC102203

  • Company No.

    102203

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Shree Sainath Electrocote Private Limited offer?

Shree Sainath Electrocote Private Limited offers a wide range of products and services, including Metal Finishing & Coating Services, Electroplating Services, Welding, Soldering & Brazing Service, Brazing Services, Fuses, Circuit Breakers & Components, Switchgears, Material Cutting Services, Steel Cutting Services, Brazed Tools, Busbar Systems.

Who are the key members and board of directors at Shree Sainath Electrocote?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahadeo Bagwe Country flag representing In Managing Director28-Aug-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Akhil Bagwe Country flag representing In Director 29-Jan-2010Current
Manali Bagwe Country flag representing In Director 07-Apr-2003Current
Amit Bagwe Country flag representing In Director 01-Jan-2003Current

Financial Performance of Shree Sainath Electrocote.

Shree Sainath Electrocote Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.03% increase. The company also saw a substantial fall in profitability, with a 25.85% decrease in profit. The company's net worth moved up by a moderate rise of 6.63%.

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
18.03%
Revenue from Operations
18.14%
Total Assets
27.05%
Profit or Loss
-25.85%
Net Worth
6.63%
EBITDA
20.81%

What is the Ownership and Shareholding Structure of Shree Sainath Electrocote?

Unlock access to Shree Sainath Electrocote's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.56 M

Satisfied Charges

₹4.15 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.84 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2024Bank Of India₹6.30 MOpen
28 Jun 2023Hdfc Bank Limited₹1.12 MOpen
06 Sep 2022Bank Of India₹6.40 MOpen
21 Dec 2019Bank Of India₹5.74 MOpen
24 Oct 2011Bank Of India₹0.90 MSatisfied

How Many Employees Work at Shree Sainath Electrocote?

Shree Sainath Electrocote has a workforce of 17 employees as of Mar 27, 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 Shree Sainath Electrocote, 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 Shree Sainath Electrocote'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 Shree Sainath Electrocote

Recent activity within the organization

  • Annual General Meeting

    Shree Sainath Electrocote Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 6.30 M with Charge ID 100990152 was registered on 28 Sep 2024.

    28 Sep 2024

  • Balance Sheet

    Shree Sainath Electrocote Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.12 M with Charge ID 100810605 was registered on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 6.40 M with Charge ID 100611435 was registered on 06 Sep 2022.

    06 Sep 2022

  • Charges

    A charge with Bank Of India of Rs. 5.74 M registered on 21 Dec 2019 with Charge ID 100314415 was modified on 30 Jul 2021.

    30 Jul 2021

Frequently asked questions

  • Shree Sainath Electrocote Private Limited was incorporated on 28 Aug 1996.

  • The authorized share capital of Shree Sainath Electrocote Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.

  • Currently 4 directors are associated with Shree Sainath Electrocote Private Limited.

    • Mahadeo Kashinath Bagwe
    • Manali Mahadeo Bagwe
    • Amit Mahadeo Bagwe
    • Akhil Mahadeo Bagwe
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Sainath Electrocote Private Limited is W-247 Midc Area Rabale, India, Navi Mumbai, Maharashtra, 400708.

  • The corporate identification number (CIN) of Shree Sainath Electrocote Private Limited is U74999MH1996PTC102203 and the company number is 102203 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Sainath Electrocote Private Limited is https://www.ssepl.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Sainath Electrocote Private Limited has risen by 18.03%.

  • As Per 2023 financial reports, 17 employees are currently employed by Shree Sainath Electrocote Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Sainath Electrocote Private Limited has experienced an upsurge of 6.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Sainath Electrocote Private Limited amount to ₹ 1.96 Cr.

  • The most recent Balance Sheet for Shree Sainath Electrocote Private Limited was filed with the ROC on 31 Mar 2024.