Suyog Electricals Limited

Manufactures wires and cables, BIS registered, ISO 9001:2015 certified, with facilities and offices across India.

1982 | Vadodara, Gujarat (India) | Active
Last Updated:

Suyog Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.17 Cr
  • Company Age 42 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 194.10 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 42.66%
  • Profit Growth 8.35%
  • Ebitda -0.50%
  • Net Worth 11.54%
  • Total Assets 13.65%

About Suyog Electricals

Suyog Electricals Limited (SEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 December 1982 and has a history of 42 years and four months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Suyog Electricals Private Limited. 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 5.00 Cr and a paid-up capital of Rs 2.17 Cr.

The company currently has active open charges totaling ₹194.10 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Toshal Desai, Bimal Desai, Anil Navangul, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ1982PLC005777

  • Company No.

    005777

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1982

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Suyog Electricals Limited offer?

Suyog Electricals Limited offers a wide range of products and services, including Electrical Cables & Wires, Insulated Cables, Wires, Telecom Cable, Industrial Wires, Silicone Wire, PVC Cables.

Company report

Suyog Electricals Limited

Explore comprehensive data for Suyog Electricals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Suyog Electricals?

Executive Team (1)

NameDesignationAppointment DateStatus
Bimal Desai Country flag representing In Managing Director02-Oct-1988Current

Board Members (4)

NameDesignationAppointment DateStatus
Toshal Desai Country flag representing In Whole-Time Director 16-Oct-1996Current
Anil Navangul Country flag representing In Director 12-Mar-2019Current
Ashwinbhai Shah Country flag representing In Director 31-Mar-2015Current
Purvi Patel Country flag representing In Director 31-Mar-2015Current

Financial Performance of Suyog Electricals.

Suyog Electricals Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 42.66% increase. The company also saw a slight improvement in profitability, with a 8.35% increase in profit. The company's net worth Soared by an impressive increase of 11.54%.

Suyog Electricals revenue growth over time
Suyog Electricals 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
42.66%
Revenue from Operations
41.32%
Total Assets
13.65%
Profit or Loss
8.35%
Net Worth
11.54%
EBITDA
-0.50%

What is the Ownership and Shareholding Structure of Suyog Electricals?

In 2024, Suyog Electricals had a promoter holding of 75.51% and a public holding of 24.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹194.10 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 139.97 Cr
  • Axis Bank Limited : 54.00 Cr
  • Hdfc Bank Limited : 0.10 Cr
  • Icici Bank Limited : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2024Axis Bank Limited₹27.00 CrOpen
30 Dec 2023Axis Bank Limited₹27.00 CrOpen
02 Dec 2021Others₹4.90 MOpen
26 Nov 2021Others₹9.20 MOpen
26 Nov 2021Others₹1.60 MOpen

How Many Employees Work at Suyog Electricals?

Suyog Electricals has a workforce of 166 employees as of Nov 06, 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.

Employee growth trends for Suyog Electricals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Suyog Electricals, 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 Suyog Electricals'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 Suyog Electricals

Recent activity within the organization

  • Annual General Meeting

    Suyog Electricals Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Suyog Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 27.00 Cr with Charge ID 100897344 was registered on 21 Mar 2024.

  • Charges

    A charge registered on 27 Nov 2021 via Charge ID 100506413 with Others was fully satisfied on 01 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 27.00 Cr with Charge ID 100852578 was registered on 30 Dec 2023.

  • Charges

    A charge with Others of Rs. 55.92 Cr registered on 06 Aug 2001 with Charge ID 90099405 was modified on 08 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Suyog Electricals Limited?

    Suyog Electricals Limited was incorporated on 23 Dec 1982.

  • What is authorized share capital and paid-up capital of Suyog Electricals Limited?

    The authorized share capital of Suyog Electricals Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.17 Cr.

  • Who are the current board members & directors of Suyog Electricals Limited?

    Currently 5 directors are associated with Suyog Electricals Limited.

    • Toshal Desai
    • Bimal Desai
    • Anil Ganesh Navangul
    • Ashwinbhai Kantilal Shah
    • Purvi Samir Patel

  • What is the registered address of Suyog Electricals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Suyog Electricals Limited is 24 Arunoday Societymadhuvan Apartment Alkapuri India, Baroda, Gujarat, 390007.

  • What is the corporate identification number (CIN) and company number of Suyog Electricals Limited?

    The corporate identification number (CIN) of Suyog Electricals Limited is U31909GJ1982PLC005777 and the company number is 005777 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Suyog Electricals Limited?

    The Official website of Suyog Electricals Limited is https://www.seplcables.com

  • What has been the recent revenue trend for Suyog Electricals Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Suyog Electricals Limited has risen by 42.66%.

  • How many employees does Suyog Electricals Limited currently have?

    As Per 2024 financial reports, 166 employees are currently employed by Suyog Electricals Limited.

  • What change has been observed in the net worth of Suyog Electricals Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Suyog Electricals Limited has experienced an upsurge of 11.54%.

  • What are the total open charges for Suyog Electricals Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Suyog Electricals Limited amount to ₹ 194.10 Cr.

  • When was the last Balance Sheet of Suyog Electricals Limited filed with the ROC?

    The most recent Balance Sheet for Suyog Electricals Limited was filed with the ROC on 31 Mar 2024.

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