The Saswad Mali Sugar Factory Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 92 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 452.75 Cr
- Satisfied Charges ₹ 87.68 Cr
- Revenue Growth 12.43%
- Profit Growth -105.58%
- Ebitda 1.37%
- Net Worth -0.47%
- Total Assets -16.01%
About The Saswad Mali Sugar Factory
The Saswad Mali Sugar Factory Ltd (TSMSFL) was founded in India on 17 November 1932 and has a glorious history of 92 years and two months. Its registered office is in Sholapur, Maharashtra, India.
The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹452.75 Cr. The company has closed loans amounting to ₹87.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nilkant Bhongale, Satish Girme, Ganesh Inamke, and Eleven other members serve as directors at the Company.
Company Details
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Location
Sholapur, Maharashtra, 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
U15424PN1932PLC001904
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Company No.
001904
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
17 Nov 1932
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Date of AGM
23 Dec 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at The Saswad Mali Sugar Factory?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Girme
|
Managing Director | 30-Sep-2012 | Current |
Board Members (13)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Yash Borawake
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Director | 30-Sep-2016 | Current |
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Nilkant Bhongale
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Director | 11-Oct-2019 | Current |
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Ganesh Inamke
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Director | 02-Oct-2011 | Current |
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Paresh Raut
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Whole-Time Director | 29-Mar-2009 | Current |
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Rahul Girme
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Director | 06-Jan-2009 | Current |
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Nikhil Kudale
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Director | 30-Sep-2021 | Current |
Financial Performance of The Saswad Mali Sugar Factory.
The Saswad Mali Sugar Factory Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 12.43% increase. The company also saw a substantial fall in profitability, with a 105.58% decrease in profit. The company's net worth dipped by a decrease of 0.47%.
- Key Matrics
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What is the Ownership and Shareholding Structure of The Saswad Mali Sugar Factory?
In 2023, The Saswad Mali Sugar Factory had a promoter holding of 2.59% and a public holding of 97.40%. 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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Raut Brothers Agri Limited Liability Par TnershipParesh Raut is a mutual person
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Datta Agricultural Co Pvt Ltd
Paresh Raut is a mutual person
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Kleentech Works Llp
Yash Borawake is a mutual person
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Borawake Theatres Pvt Ltd
Yash Borawake is a mutual person
Charges (Loans)
₹452.75 Cr
₹87.68 Cr
Charges Breakdown by Lending Institutions
- Others : 395.08 Cr
- Government Of India Ministry Of Consumer Affairs Food And Public Distribution : 24.20 Cr
- The Pandharpur Urban Co-Op. Bank Ltd. : 20.00 Cr
- Bank Of Baroda : 8.00 Cr
- Central Bank Of India : 5.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2023 | The Pandharpur Urban Co-Op. Bank Ltd. | ₹20.00 Cr | Open |
| 21 Aug 2019 | Others | ₹20.16 Cr | Open |
| 06 Mar 2019 | Others | ₹30.00 Cr | Open |
| 06 Dec 2018 | Others | ₹25.00 Cr | Open |
| 28 Feb 2014 | Government Of India Ministry Of Consumer Affairs Food And Public Distribution | ₹4.07 Cr | Open |
How Many Employees Work at The Saswad Mali Sugar Factory?
The Saswad Mali Sugar Factory has a workforce of 639 employees as of Mar 24, 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 The Saswad Mali Sugar Factory, 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 The Saswad Mali Sugar Factory'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.
