Suola Tea Estates Pvt Ltd

Founded in 1960 and headquartered in Assam, India.

1960 | Dibrugarh, Assam (India) | Active
Last Updated: January 01, 2025

Suola Tea Estates Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 5.06 Cr
  • Company Age 64 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.58 Cr
  • Satisfied Charges ₹ 3.84 Cr
  • Revenue Growth 30.93%
  • Profit Growth 95.57%
  • Ebitda 58.89%
  • Net Worth 107.57%
  • Total Assets 36.14%

About Suola Tea Estates

Suola Tea Estates Pvt Ltd (STEPL) was founded in India on 02 September 1960 and has a glorious history of 64 years and five months. Its registered office is in Dibrugarh, Assam, India.

The Company is engaged in the Trading 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 5.25 Cr and a paid-up capital of Rs 5.06 Cr.

The company currently has active open charges totaling ₹6.58 Cr. The company has closed loans amounting to ₹3.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sushil Goenka and Shekhar Goenka serve as directors at the Company.

Company Details

  • Location

    Dibrugarh, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01132AS1960PTC021093

  • Company No.

    024800

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 1960

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Trading

Who are the key members and board of directors at Suola Tea Estates?

Board Members (2)

Name Designation Appointment Date Status
Sushil Goenka Country flag representing In Director 09-Mar-2019 Current
Shekhar Goenka Country flag representing In Director 03-Aug-2019 Current

Financial Performance of Suola Tea Estates.

Suola Tea Estates Pvt Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 30.93% increase. The company also saw a substantial improvement in profitability, with a 95.57% increase in profit. The company's net worth Soared by an impressive increase of 107.57%.

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
30.93%
Revenue from Operations
28.47%
Total Assets
36.14%
Profit or Loss
95.57%
Net Worth
107.57%
EBITDA
58.89%

What is the Ownership and Shareholding Structure of Suola Tea Estates?

In 2021, Suola Tea Estates 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

₹6.58 Cr

Satisfied Charges

₹3.84 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 5.38 Cr
  • Others : 1.20 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2023 Others ₹1.20 Cr Open
26 Aug 2021 Indian Overseas Bank ₹5.38 Cr Open
30 Nov 2005 Uco Bank ₹2.92 Cr Satisfied
10 Apr 1992 Allahabad Bank ₹8.60 M Satisfied
22 Jul 1968 R.K. Agencies Ltd ₹0.02 M Satisfied

How Many Employees Work at Suola Tea Estates?

Unlock and access historical data on people associated with Suola Tea Estates, 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 Suola Tea Estates, 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 Suola Tea Estates'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 Suola Tea Estates

Recent activity within the organization

  • Annual General Meeting

    Suola Tea Estates Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 5.38 Cr registered on 26 Aug 2021 with Charge ID 100478788 was modified on 24 May 2024.

    24 May 2024

  • Balance Sheet

    Suola Tea Estates Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100690830 was registered on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 5.38 Cr with Charge ID 100478788 was registered on 26 Aug 2021.

    26 Aug 2021

  • Charges

    A charge registered on 31 Mar 1967 via Charge ID 90249430 with Bank Of India Ltd was fully satisfied on 17 Mar 2020.

    17 Mar 2020

Frequently asked questions

  • Suola Tea Estates Pvt Ltd was incorporated on 02 Sep 1960.

  • The authorized share capital of Suola Tea Estates Pvt Ltd is ₹ 5.25 Cr and paid-up capital is ₹ 5.06 Cr.

  • Currently 2 directors are associated with Suola Tea Estates Pvt Ltd.

    • Sushil Kumar Goenka
    • Shekhar Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suola Tea Estates Pvt Ltd is Gulmohar 1St Floor Build India Road, Jyoti Nagar, Dibrugarh, Assam, 786005.

  • The corporate identification number (CIN) of Suola Tea Estates Pvt Ltd is U01132AS1960PTC021093 and the company number is 024800 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Suola Tea Estates Pvt Ltd has risen by 30.93%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Suola Tea Estates Pvt Ltd has experienced an upsurge of 107.57%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Suola Tea Estates Pvt Ltd amount to ₹ 6.58 Cr.

  • The most recent Balance Sheet for Suola Tea Estates Pvt Ltd was filed with the ROC on 31 Mar 2024.

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