Steel Abrasive Industries Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.01 Cr
- Company Age 22 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.28 Cr
- Revenue Growth 102.16%
- Profit Growth -114.65%
- Ebitda -177.50%
- Net Worth -5.80%
- Total Assets -6.16%
About Steel Abrasive Industries
Steel Abrasive Industries Limited (SAIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 June 2002 and has a history of 22 years and seven months. Its registered office is in Raipur, Chattisgarh.
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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.01 Cr.
The company currently has active open charges totaling ₹13.28 Cr.
Indra Agarwal, Omprakash Gupta, and Bhanwarlal Thanvi serve as directors at the Company.
Company Details
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LocationRaipur, Chattisgarh
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27106CT2002PLC015129
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Company No.
015129
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
11 Jun 2002
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
Who are the key members and board of directors at Steel Abrasive Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Indra Agarwal
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Director | 30-Dec-2006 | Current |
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Omprakash Gupta
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Director | 31-May-2005 | Current |
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Bhanwarlal Thanvi
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Director | 30-Sep-2011 | Current |
Financial Performance of Steel Abrasive Industries.
Steel Abrasive Industries Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 102.16% increase. The company also saw a substantial fall in profitability, with a 114.65% decrease in profit. The company's net worth dipped by a decrease of 5.8%.
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What is the Ownership and Shareholding Structure of Steel Abrasive Industries?
In 2021, Steel Abrasive Industries had a promoter holding of 23.71% and a public holding of 76.29%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Synora Traders Private LimitedIndra Agarwal and Omprakash Gupta are mutual person
Charges (Loans)
₹13.28 Cr
₹0
Charges Breakdown by Lending Institutions
- Union Bank Of India : 10.98 Cr
- M.P. Financial Corporation : 2.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2010 | Union Bank Of India | ₹1.00 M | Open |
| 16 Jun 2006 | Union Bank Of India | ₹5.78 Cr | Open |
| 16 Jul 2003 | Union Bank Of India | ₹4.50 Cr | Open |
| 23 Dec 2002 | Union Bank Of India | ₹6.00 M | Open |
| 11 Jan 1999 | M.P. Financial Corporation | ₹2.30 Cr | Open |
How Many Employees Work at Steel Abrasive Industries?
Unlock and access historical data on people associated with Steel Abrasive Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Steel Abrasive 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 Steel Abrasive Industries's trajectory.
Rating
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
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.
