Standard Salt Works Ltd

Salt processing and marketing for chemical companies through partnerships and investments.

1979 | Surat, Gujarat (India) | Active
Last Updated: October 24, 2024

Standard Salt Works Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 5.84 Cr
  • Company Age 45 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 56.19%
  • Profit Growth 23.43%
  • Ebitda 20.47%
  • Net Worth 23.26%
  • Total Assets 17.46%

About Standard Salt Works

Standard Salt Works Ltd (SSWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 February 1979 and has a history of 45 years and 11 months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Rasapra Investments Limited. The Company is engaged in the Food And Beverages 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 7.50 Cr and a paid-up capital of Rs 5.84 Cr.

The company has closed loans amounting to ₹0.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pradeep Mafatlal, Khurshed Thanawalla, Vinod Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110GJ1979PLC003315

  • Company No.

    003315

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1979

  • Date of AGM

    05 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

Who are the key members and board of directors at Standard Salt Works?

Board Members (5)

Name Designation Appointment Date Status
Khurshed Thanawalla Country flag representing In Director 27-May-2022 Current
Pradeep Mafatlal Country flag representing In Director 27-May-2022 Current
Vinod Patel Country flag representing In Director 27-May-2022 Current
Ashish Kansara Country flag representing In Director 27-May-2022 Current
Rajanya Mafatlal Country flag representing In Director 10-Feb-2023 Current

Financial Performance of Standard Salt Works.

Standard Salt Works Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 56.19% increase. The company also saw a substantial improvement in profitability, with a 23.43% increase in profit. The company's net worth Soared by an impressive increase of 23.26%.

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
56.19%
Revenue from Operations
58.33%
Total Assets
17.46%
Profit or Loss
23.43%
Net Worth
23.26%
EBITDA
20.47%

What is the Ownership and Shareholding Structure of Standard Salt Works?

In 2023, Standard Salt Works 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

₹0

Satisfied Charges

₹0.05 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 1994 Bank Of Baroda ₹0.50 M Satisfied

How Many Employees Work at Standard Salt Works?

Standard Salt Works has a workforce of 10 employees as of Apr 02, 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 Standard Salt Works, 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 Standard Salt Works'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 Standard Salt Works

Recent activity within the organization

  • Annual General Meeting

    Standard Salt Works Ltd last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.

    05 Aug 2024

  • Balance Sheet

    Standard Salt Works Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Rajanya Pradeep Mafatlal was appointed as a Director was appointed as a Director on 10 Feb 2023 & has been associated with this company since 1 year 11 months .

    10 Feb 2023

  • Director Appointment

    Pradeep Rasesh Mafatlal was appointed as a Director was appointed as a Director on 27 May 2022 & has been associated with this company since 2 years 8 months .

    27 May 2022

  • Director Appointment

    Khurshed Meherwanji Thanawalla was appointed as a Director was appointed as a Director on 27 May 2022 & has been associated with this company since 2 years 8 months .

    27 May 2022

  • Director Appointment

    Vinod Nandulal Patel was appointed as a Director was appointed as a Director on 27 May 2022 & has been associated with this company since 2 years 8 months .

    27 May 2022

Frequently asked questions

  • Standard Salt Works Ltd was incorporated on 23 Feb 1979.

  • The authorized share capital of Standard Salt Works Ltd is ₹ 7.50 Cr and paid-up capital is ₹ 5.84 Cr.

  • Currently 5 directors are associated with Standard Salt Works Ltd.

    • Pradeep Rasesh Mafatlal
    • Khurshed Meherwanji Thanawalla
    • Vinod Nandulal Patel
    • Ashish Rameshchandra Kansara
    • Rajanya Pradeep Mafatlal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Standard Salt Works Ltd is 912 Alishan Awaasdiwali Baugh Athwa Lines Nanpura India, Surat, Gujarat, 395001.

  • The corporate identification number (CIN) of Standard Salt Works Ltd is U24110GJ1979PLC003315 and the company number is 003315 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Standard Salt Works Ltd is https://www.standardindustries.co

  • According to the financial reports for the fiscal year 2023, the revenue trend for Standard Salt Works Ltd has risen by 56.19%.

  • As Per 2023 financial reports, 10 employees are currently employed by Standard Salt Works Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Standard Salt Works Ltd has experienced an upsurge of 23.26%.

  • The most recent Balance Sheet for Standard Salt Works Ltd was filed with the ROC on 31 Mar 2024.

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