Suasion Construction Company Ltd

Renting properties since 1996 in West Bengal.

1996 | Howrah, West Bengal (India) | Active
Last Updated: June 16, 2024

Suasion Construction Company Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 8.85 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 80.14 Cr
  • Revenue Growth 4.42%
  • Profit Growth 18.51%
  • Ebitda 17.25%
  • Net Worth 29.88%
  • Total Assets 23.44%

About Suasion Construction Company

Suasion Construction Company Ltd (SCCL) is a Public Limited Indian Non-Government Company incorporated in India on 11 March 1996 and has a history of 28 years and 11 months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Financial Services 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 1.50 Cr and a paid-up capital of Rs 8.85 M.

The company currently has active open charges totaling ₹80.14 Cr.

Sanjay Jha, Rajendra Kedia, and Richa Khetan serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70200WB1996PLC077921

  • Company No.

    077921

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Suasion Construction Company?

Board Members (3)

NameDesignationAppointment DateStatus
Richa Khetan Country flag representing In Director 31-Jan-2020Current
Sanjay Jha Country flag representing In Director 06-Aug-2014Current
Rajendra Kedia Country flag representing In Director 03-Aug-1998Current

Financial Performance of Suasion Construction Company.

Suasion Construction Company Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 4.42% increase. The company also saw a substantial improvement in profitability, with a 18.51% increase in profit. The company's net worth Soared by an impressive increase of 29.88%.

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
4.42%
Revenue from Operations
Total Assets
23.44%
Profit or Loss
18.51%
Net Worth
29.88%
EBITDA
17.25%

What is the Ownership and Shareholding Structure of Suasion Construction Company?

In 2023, Suasion Construction Company had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 40.00 Cr
  • Axis Bank Limited : 34.79 Cr
  • The Federal Bank Ltd. : 4.55 Cr
  • The Federal Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2021Axis Bank Limited₹34.79 CrOpen
26 Aug 2014Others₹40.00 CrOpen
13 Feb 2001The Federal Bank Ltd.₹4.55 CrOpen
09 Apr 1999The Federal Bank Limited₹8.00 MOpen

How Many Employees Work at Suasion Construction Company?

Unlock and access historical data on people associated with Suasion Construction Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Suasion Construction Company, 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 Suasion Construction Company'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 Suasion Construction Company

Recent activity within the organization

  • Annual General Meeting

    Suasion Construction Company Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Suasion Construction Company Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 34.79 Cr registered on 16 Nov 2021 with Charge ID 100509329 was modified on 10 Jan 2023.

    10 Jan 2023

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 26 Aug 2014 with Charge ID 10519325 was modified on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 34.79 Cr with Charge ID 100509329 was registered on 16 Nov 2021.

    16 Nov 2021

  • Director Appointment

    Richa Khetan was appointed as a Director was appointed as a Director on 31 Jan 2020 & has been associated with this company since 5 years 23 days .

    31 Jan 2020

Frequently asked questions

  • Suasion Construction Company Ltd was incorporated on 11 Mar 1996.

  • The authorized share capital of Suasion Construction Company Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 8.85 M.

  • Currently 3 directors are associated with Suasion Construction Company Ltd.

    • Sanjay Kumar Jha
    • Rajendra Kumar Kedia
    • Richa Khetan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suasion Construction Company Ltd is Malanchaberia Rauta Birshibpur Uluberia, Howrah, West Bengal, India, 711315.

  • The corporate identification number (CIN) of Suasion Construction Company Ltd is U70200WB1996PLC077921 and the company number is 077921 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Suasion Construction Company Ltd has risen by 4.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suasion Construction Company Ltd has experienced an upsurge of 29.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Suasion Construction Company Ltd amount to ₹ 80.14 Cr.

  • The most recent Balance Sheet for Suasion Construction Company Ltd was filed with the ROC on 31 Mar 2023.

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