Siyaram Recycling Industries Limited

Manufactures copper alloy ingots and billets with ISO certification.

2007 | Jamnagar, Gujarat (India) | Active
Last Updated: November 16, 2024

Siyaram Recycling Industries Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 21.79 Cr
  • Company Age 18 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 82.47 Cr
  • Satisfied Charges ₹ 29.46 Cr
  • Revenue Growth 16.76%
  • Profit Growth 57.16%
  • Ebitda 113.97%
  • Net Worth 14.22%
  • Total Assets 55.43%

About Siyaram Recycling Industries

Siyaram Recycling Industries Limited (SRIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 February 2007 and has a history of 18 years. Its registered office is in Jamnagar, Gujarat, India.

The Corporate was formerly known as Siyaram Impex Private 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 21.79 Cr.

The company currently has active open charges totaling ₹82.47 Cr. The company has closed loans amounting to ₹29.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Siyaram Recycling Industries Limited India are Kiran Goklani as COMPANY SECRETARY and Megha Maheshwari as Cfo. Madhu Maheshwari, Ramgopal Maheshwari, Bhavesh Maheshwari, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27106GJ2007PLC049999

  • Company No.

    049999

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Executive Team (3)

NameDesignationAppointment DateStatus
Bhavesh Maheshwari Country flag representing In Managing Director24-May-2017Current
Kiran Goklani Country flag representing In Company Secretary24-Aug-2023Current
Megha Maheshwari CFO24-Aug-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Madhu Maheshwari Country flag representing In Director 16-Jun-2021Current
Ramgopal Maheshwari Country flag representing In Whole-Time Director 16-Jun-2021Current
Jaimish Patel Country flag representing In Director 05-Aug-2023Current
Raimeen Maradiya Country flag representing In Director 05-Aug-2023Current

Financial Performance of Siyaram Recycling Industries.

Siyaram Recycling Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.76% increase. The company also saw a substantial improvement in profitability, with a 57.16% increase in profit. The company's net worth Soared by an impressive increase of 14.22%.

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
16.76%
Revenue from Operations
16.45%
Total Assets
55.43%
Profit or Loss
57.16%
Net Worth
14.22%
EBITDA
113.97%

What is the Ownership and Shareholding Structure of Siyaram Recycling Industries?

In 2023, Siyaram Recycling 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

₹82.47 Cr

Satisfied Charges

₹29.46 Cr

Charges Breakdown by Lending Institutions

  • Others : 80.47 Cr
  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2024Axis Bank Limited₹2.00 CrOpen
23 May 2022Others₹2.50 MOpen
01 Oct 2020Others₹1.18 MOpen
27 Jul 2020Others₹8.19 MOpen
29 Dec 2017Others₹79.28 CrOpen

How Many Employees Work at Siyaram Recycling Industries?

Siyaram Recycling Industries has a workforce of 26 employees as of Apr 06, 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 Siyaram Recycling 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 Siyaram Recycling 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 Siyaram Recycling Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 79.28 Cr registered on 29 Dec 2017 with Charge ID 100143331 was modified on 18 Oct 2024.

    18 Oct 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 24 Jul 2024 with Charge ID 100989253 was modified on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100989253 was registered on 24 Jul 2024.

    24 Jul 2024

  • Annual General Meeting

    Siyaram Recycling Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Jaimish Govindbhai Patel was appointed as a Director was appointed as a Director on 05 Aug 2023 & has been associated with this company since 1 year 6 months .

    05 Aug 2023

  • Director Appointment

    Raimeen Bhanubhai Maradiya was appointed as a Director was appointed as a Director on 05 Aug 2023 & has been associated with this company since 1 year 6 months .

    05 Aug 2023

Frequently asked questions

  • Siyaram Recycling Industries Limited was incorporated on 12 Feb 2007.

  • The authorized share capital of Siyaram Recycling Industries Limited is ₹ 25.00 Cr and paid-up capital is ₹ 21.79 Cr.

  • Currently 7 directors are associated with Siyaram Recycling Industries Limited.

    • Madhu Ramgopal Maheshwari
    • Ramgopal Ochhavlal Maheshwari
    • Bhavesh Ramgopal Maheshwari
    • Jaimish Govindbhai Patel
    • Raimeen Bhanubhai Maradiya
    • Kiran Parmanand Goklani
    • Megha Bhavesh Maheshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siyaram Recycling Industries Limited is Plot No. 6 7, Village : Lakhabaval Post Khodiyar Colony India, Jamnagar, Gujarat, 361006.

  • The corporate identification number (CIN) of Siyaram Recycling Industries Limited is U27106GJ2007PLC049999 and the company number is 049999 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Siyaram Recycling Industries Limited is https://www.siyaramindustries.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Siyaram Recycling Industries Limited has risen by 16.76%.

  • As Per 2023 financial reports, 26 employees are currently employed by Siyaram Recycling Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Siyaram Recycling Industries Limited has experienced an upsurge of 14.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Siyaram Recycling Industries Limited amount to ₹ 82.47 Cr.

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

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