Swajit Abrasives Private Limited

Manufacturer of coated abrasives products for grinding and surface finishing, sold under popular brands.

2000 | Aurangabad, Maharashtra (India) | Active
Last Updated:

Swajit Abrasives Profile

Key Indicators

  • Authorised Capital ₹ 1.85 Cr
  • Paid Up Capital ₹ 1.85 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.69 Cr
  • Satisfied Charges ₹ 12.99 Cr
  • Revenue Growth 17.06%
  • Profit Growth -292.55%
  • Ebitda -44.19%
  • Net Worth -30.64%
  • Total Assets 4.43%

About Swajit Abrasives

Swajit Abrasives Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 2000 and has a history of 25 years and one month. Its registered office is in Aurangabad, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.85 Cr and a paid-up capital of Rs 1.85 Cr.

The company currently has active open charges totaling ₹9.69 Cr. The company has closed loans amounting to ₹12.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mangala Chavan, Ranjit Chavan, and Vrushali Chavan serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26993MH1991PTC227572

  • Company No.

    227572

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Swajit Abrasives Private Limited offer?

Swajit Abrasives Private Limited offers a wide range of products and services, including Abrasives & Grains, Abrasive Belts, Fashion & Leather Belts, Belts, Abrasive Wheels.

Company report

Swajit Abrasives Private Limited

Explore comprehensive data for Swajit Abrasives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Swajit Abrasives?

Executive Team (1)

NameDesignationAppointment DateStatus
Ranjit Chavan Country flag representing In Managing Director31-Dec-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Mangala Chavan Country flag representing In Director 21-Jul-2012Current
Vrushali Chavan Country flag representing In Director 13-Feb-2012Current

Financial Performance of Swajit Abrasives.

Swajit Abrasives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.06% increase. The company also saw a substantial fall in profitability, with a 292.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.64%.

Swajit Abrasives revenue growth over time
Swajit Abrasives 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
17.06%
Revenue from Operations
16.77%
Total Assets
4.43%
Profit or Loss
-292.55%
Net Worth
-30.64%
EBITDA
-44.19%

What is the Ownership and Shareholding Structure of Swajit Abrasives?

Unlock access to Swajit Abrasives's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.69 Cr

Satisfied Charges

₹12.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.47 Cr
  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2021Hdfc Bank Limited₹2.25 MOpen
10 Apr 2017Others₹9.47 CrOpen
14 Dec 2011The Shamrao Vithal Co-Oprative Bank Limited₹5.84 CrSatisfied
08 Jan 2002State Bank Of India₹7.15 CrSatisfied

How Many Employees Work at Swajit Abrasives?

Swajit Abrasives has a workforce of 45 employees as of Mar 22, 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 Swajit Abrasives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swajit Abrasives, 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 Swajit Abrasives'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 Swajit Abrasives

Recent activity within the organization

  • Annual General Meeting

    Swajit Abrasives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 9.47 Cr registered on 10 Apr 2017 with Charge ID 100096942 was modified on 04 Jul 2024.

  • Balance Sheet

    Swajit Abrasives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100454947 was registered on 23 Mar 2021.

  • Charges

    A charge registered on 08 Jan 2002 via Charge ID 90091751 with State Bank Of India was fully satisfied on 16 Dec 2017.

  • Charges

    A charge with Others amounted to Rs. 9.47 Cr with Charge ID 100096942 was registered on 10 Apr 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Swajit Abrasives Private Limited?

    Swajit Abrasives Private Limited was incorporated on 31 Mar 2000.

  • What is authorized share capital and paid-up capital of Swajit Abrasives Private Limited?

    The authorized share capital of Swajit Abrasives Private Limited is ₹ 1.85 Cr and paid-up capital is ₹ 1.85 Cr.

  • Who are the current board members & directors of Swajit Abrasives Private Limited?

    Currently 3 directors are associated with Swajit Abrasives Private Limited.

    • Mangala Avinash Chavan
    • Ranjit Avinash Chavan
    • Vrushali Ranjit Chavan

  • What is the registered address of Swajit Abrasives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swajit Abrasives Private Limited is Shangrila Complex Samarth Nagar Cbs Road, India, Aurangabad, Maharashtra, 431001.

  • What is the corporate identification number (CIN) and company number of Swajit Abrasives Private Limited?

    The corporate identification number (CIN) of Swajit Abrasives Private Limited is U26993MH1991PTC227572 and the company number is 227572 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Swajit Abrasives Private Limited?

    The Official website of Swajit Abrasives Private Limited is https://www.abracutindia.in

  • What has been the recent revenue trend for Swajit Abrasives Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swajit Abrasives Private Limited has risen by 17.06%.

  • How many employees does Swajit Abrasives Private Limited currently have?

    As Per 2023 financial reports, 45 employees are currently employed by Swajit Abrasives Private Limited.

  • What change has been observed in the net worth of Swajit Abrasives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swajit Abrasives Private Limited has experienced an downturn of -30.64%.

  • What are the total open charges for Swajit Abrasives Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swajit Abrasives Private Limited amount to ₹ 9.69 Cr.

  • When was the last Balance Sheet of Swajit Abrasives Private Limited filed with the ROC?

    The most recent Balance Sheet for Swajit Abrasives Private Limited was filed with the ROC on 31 Mar 2024.

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