Shri Salasar Tubes Private Limited

Manufactures iron and steel products, including ERW pipes, and deals with related products.

2007 | Fatehgarh Sahib, Punjab (India) | Active
Last Updated: October 23, 2024

Shri Salasar Tubes Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.84 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 13.50 Cr
  • Revenue Growth -15.49%
  • Profit Growth -253.42%
  • Ebitda -132.47%
  • Net Worth -34.89%
  • Total Assets -21.84%

About Shri Salasar Tubes

Shri Salasar Tubes Private Limited (SSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 February 2007 and has a history of 17 years and 11 months. Its registered office is in Fatehgarh Sahib, Punjab, India.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 0.84 M.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹13.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mittul Singla and Gaurav Singla serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28999PB2007PTC030916

  • Company No.

    030916

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Shri Salasar Tubes?

Board Members (2)

Name Designation Appointment Date Status
Mittul Singla Country flag representing In Director 23-Feb-2007 Current
Gaurav Singla Country flag representing In Director 23-Feb-2007 Current

Financial Performance of Shri Salasar Tubes.

Shri Salasar Tubes Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.49% decrease. The company also saw a substantial fall in profitability, with a 253.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 34.89%.

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
-15.49%
Revenue from Operations
-15.47%
Total Assets
-21.84%
Profit or Loss
-253.42%
Net Worth
-34.89%
EBITDA
-132.47%

What is the Ownership and Shareholding Structure of Shri Salasar Tubes?

In 2023, Shri Salasar Tubes had a promoter holding of 40.77% and a public holding of 59.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹13.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2024 Hdfc Bank Limited ₹20.00 Cr Open
01 Oct 2021 State Bank Of India ₹5.00 Cr Satisfied
18 Mar 2011 Bank Of India ₹4.25 Cr Satisfied
18 Mar 2011 Bank Of India ₹4.25 Cr Satisfied

How Many Employees Work at Shri Salasar Tubes?

Shri Salasar Tubes has a workforce of 13 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 Shri Salasar Tubes, 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 Shri Salasar Tubes'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 Shri Salasar Tubes

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100950303 was registered on 10 May 2024.

    10 May 2024

  • Charges

    A charge registered on 01 Oct 2021 via Charge ID 100493775 with State Bank Of India was fully satisfied on 21 Feb 2024.

    21 Feb 2024

  • Annual General Meeting

    Shri Salasar Tubes Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shri Salasar Tubes 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 State Bank Of India of Rs. 5.00 Cr registered on 01 Oct 2021 with Charge ID 100493775 was modified on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge registered on 18 Mar 2011 via Charge ID 10277261 with Bank Of India was fully satisfied on 19 Oct 2021.

    19 Oct 2021

Frequently asked questions

  • Shri Salasar Tubes Private Limited was incorporated on 23 Feb 2007.

  • The authorized share capital of Shri Salasar Tubes Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.84 M.

  • Currently 2 directors are associated with Shri Salasar Tubes Private Limited.

    • Mittul Singla
    • Gaurav Singla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Salasar Tubes Private Limited is Vill. Ambey Majra India, Mandi Gobindgarh, Punjab, 147301.

  • The corporate identification number (CIN) of Shri Salasar Tubes Private Limited is U28999PB2007PTC030916 and the company number is 030916 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Salasar Tubes Private Limited is https://www.shrisalasartubespvtltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shri Salasar Tubes Private Limited has fallen by -15.49%.

  • As Per 2023 financial reports, 13 employees are currently employed by Shri Salasar Tubes Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shri Salasar Tubes Private Limited has experienced an downturn of -34.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shri Salasar Tubes Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Shri Salasar Tubes Private Limited was filed with the ROC on 31 Mar 2023.