Suyog Electricals Limited logo

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:

November 06, 2024
HomeCompanySuyog Electricals Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Bimal Desai InManaging Director02-Oct-1988Current

Board Members(4)

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

Financial Performance and Corporate Structure Insights 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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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹194.10 Cr

₹10.00 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 21 Mar 2024
₹27.00 CrOpen

Axis Bank Limited

Creation Date: 30 Dec 2023
₹27.00 CrOpen

Others

Creation Date: 02 Dec 2021
₹4.90 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.

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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.

    05 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

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

    21 Mar 2024

  • Charges

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

    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.

    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.

    08 Dec 2023

Frequently asked questions

  • Suyog Electricals Limited was incorporated on 23 Dec 1982.

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

  • Currently 5 directors are associated with Suyog Electricals Limited.

    • Toshal Desai
    • Bimal Desai
    • Anil Ganesh Navangul
    • Ashwinbhai Kantilal Shah
    • Purvi Samir Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suyog Electricals Limited is 24 Arunoday Societymadhuvan Apartment Alkapuri India, Baroda, Gujarat, 390007.

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

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

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

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

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

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

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

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