Suyog Electricals Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.17 Cr
- Company Age 42 Year, 1 Month
- 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 one month. 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
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Location
Vadodara, Gujarat, India
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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
U31909GJ1982PLC005777
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Company No.
005777
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
23 Dec 1982
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Date of AGM
05 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 Ahmedabad
Industry
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.
Who are the key members and board of directors at Suyog Electricals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bimal Desai
|
Managing Director | 02-Oct-1988 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Toshal Desai
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Whole-Time Director | 16-Oct-1996 | Current |
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Anil Navangul
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Director | 12-Mar-2019 | Current |
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Ashwinbhai Shah
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Director | 31-Mar-2015 | Current |
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Purvi Patel
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Director | 31-Mar-2015 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Convoso Tech International Private LimitedPurvi Patel is a mutual person
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Gujarat Containers LtdAshwinbhai Shah is a mutual person
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Suyog FoundationToshal Desai and Bimal Desai are mutual person
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The Baroda Crystal Glass Works Limited
Anil Navangul is a mutual person
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The Baroda Potteries Private Limited
Anil Navangul is a mutual person
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Eqs Consultants Llp
Purvi Patel is a mutual person
Charges (Loans)
₹194.10 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Axis Bank Limited | ₹27.00 Cr | Open |
| 30 Dec 2023 | Axis Bank Limited | ₹27.00 Cr | Open |
| 02 Dec 2021 | Others | ₹4.90 M | Open |
| 26 Nov 2021 | Others | ₹9.20 M | Open |
| 26 Nov 2021 | Others | ₹1.60 M | Open |
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.
Deals i
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
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.
