Steel Authority Of India Limited logo

Steel Authority Of India Limited

Founded in 1973 headquartered in Delhi, India.

1973 Central Delhi, Delhi (India) Active

About

Basic Data Updated:

4 months ago
Steel Authority Of India Limited (SAOIL) was founded in India on 24 January 1973 and has a glorious history of 51 years and three months. Its registered office is in Central Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500113 and on the National Stock Exchange(NSE) under SAIL.

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 5,000.00 cr and a paid-up capital of Rs 4,130.53 cr.

The Corporate currently has active open charges totaling ₹42,400.20 cr. It has already closed loans amounting to ₹54,097.73 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Steel Authority Of India Limited India is Mangudi Balakrishnan as Company Secretary. Kasi Sagi, Sukriti Likhi, Ashok Tripathy, and Thirteen other members serve as directors at the Company.

Industry

Company Details

  • Location

    Central Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL27109DL1973GOI006454
Company No.006454
Stock Symbol BSE : 500113 NSE : SAIL
Company ClassificationPublic Limited Union Government Company
Incorporation Date24 Jan 1973
Date of AGM27 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Delhi

Financials of Steel Authority Of India Limited

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Steel Authority Of India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.05% increase. The company also saw a substantial improvement in profitability, with a 212.08% increase in profit. The company's net worth Soared by an impressive increase of 19.59%.

Corporate Structure

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People in Steel Authority Of India Limited

Executive Team (2)

  • AP

    Amarendu Prakash In Managing Director

    Appointment Date: 28-Sep-2020

    Status: Current

  • MB

    Mangudi Balakrishnan In Company Secretary

    Appointment Date: 01-Jul-2019

    Status: Current

Board Members(15)

Charges (Loans)

Open Charges Satisfied Charges

₹42,400.20 cr

₹54,097.73 cr

LenderAmountStatus

State Bank Of India

Creation Date: 01 Aug 2023
₹4,700.00 CrOpen

The South Indian Bank Limited

Creation Date: 31 Jul 2023
₹300.00 CrOpen

Bank Of India

Creation Date: 28 Mar 2023
₹1,500.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Steel Authority Of India, 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 Authority Of India's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • Rashtriya Ispat Nigam Ltd

    Rashtriya Ispat Nigam Ltd

    Active build-icon 42 years 2 months

    Sukriti Likhi is a mutual person

  • Rourkela Smart City Limited

    Rourkela Smart City Limited

    Active build-icon 7 years 4 months

    Atanu Bhowmick is a mutual person

  • Jyothi Marine Services Private Limited

    Jyothi Marine Services Private Limited

    Active build-icon 16 years 3 months

    Kasi Sagi is a mutual person

  • Jyothi Estates Private Limited

    Jyothi Estates Private Limited

    Active build-icon 16 years 9 months

    Kasi Sagi is a mutual person

  • Mecon Limited

    Mecon Limited

    Active build-icon 51 years 1 month

    Sukriti Likhi is a mutual person

  • Kiocl Limited

    Kiocl Limited

    Active build-icon 48 years 1 month

    Sukriti Likhi is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Steel Authority Of India Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023
  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 4,700.00 cr with Charge ID 100765412 was registered on 01 Aug 2023.

    01 Aug 2023
  • Activity

    Charges

    A charge with The South Indian Bank Limited amounted to Rs. 300.00 cr with Charge ID 100763888 was registered on 31 Jul 2023.

    31 Jul 2023
  • Activity

    Balance Sheet

    Steel Authority Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023
  • Activity

    Charges

    A charge with Bank Of India amounted to Rs. 1,500.00 cr with Charge ID 100707834 was registered on 28 Mar 2023.

    28 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Steel Authority Of India Limited?

Steel Authority Of India Limited was incorporated 51 years 3 months ago on 24 Jan 1973 with Registrar of Companies Roc Delhi.

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