Sagar Steel Private Limited
Supplies and erects transmission towers and switch-yard structures, and offers hot-dip galvanizing services.
1974 | Bangaluru, Karnataka (India) | Active
Sagar Steel Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 51 Year, 28 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 19.91 Cr
- Revenue Growth 13.19%
- Profit Growth 115.22%
- Ebitda 109.25%
- Net Worth 0.07%
- Total Assets 5.79%
About Sagar Steel
Sagar Steel Private Limited (SSPL) was founded in India on 02 May 1974 and has a glorious history of 51 years . Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Metals And Minerals 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 2.25 Cr and a paid-up capital of Rs 2.25 Cr.
The company has closed loans amounting to ₹19.91 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Surpat Chouraria, Kusum Chouraria, and Anuradha Vijay serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109KA1974PTC002557
- Company No.
002557
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 1974
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Sagar Steel Private Limited
Explore comprehensive data for Sagar Steel Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sagar Steel?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surpat Chouraria  | Managing Director | 02-May-1974 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kusum Chouraria | Whole-Time Director | 29-Sep-1992 | Current |
| Anuradha Vijay | Director | 30-Nov-2021 | Current |
Financial Performance of Sagar Steel.
Sagar Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.19% increase. The company also saw a substantial improvement in profitability, with a 115.22% increase in profit. The company's net worth moved up by a moderate rise of 0.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sagar Steel?
In 2023, Sagar Steel had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sagar Engineering Private LimitedSurpat Chouraria and Kusum Chouraria are mutual person
- 29 September Works Llp
Surpat Chouraria and Anuradha Vijay are mutual person
- Sagar Conductors Private Limited
Surpat Chouraria and Kusum Chouraria are mutual person
- Sagar Mohini Facilities Llp
Anuradha Vijay is a mutual person
- Hideout Ventures Llp
Anuradha Vijay is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹19.91 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 19.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2004 | State Bank Of India | ₹19.91 Cr | Satisfied |
How Many Employees Work at Sagar Steel?
Sagar Steel has a workforce of 1 employees as of Apr 03, 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 Sagar Steel, 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 Sagar Steel'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.
Latest Updates, News, and FAQs on Sagar Steel
Recent activity within the organization
- Charges
A charge registered on 29 Oct 2004 via Charge ID 80034791 with State Bank Of India was fully satisfied on 14 Aug 2024.
- Annual General Meeting
Sagar Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sagar Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with State Bank Of India of Rs. 19.91 Cr registered on 29 Oct 2004 with Charge ID 80034791 was modified on 26 Sep 2022.
- Director Appointment
Anuradha Vijay was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 5 months .
- Charges
A charge with State Bank Of India amounted to Rs. 19.91 Cr with Charge ID 80034791 was registered on 29 Oct 2004.
Frequently asked questions
What is the Incorporation or founding date of Sagar Steel Private Limited?
Sagar Steel Private Limited was incorporated on 02 May 1974.
What is authorized share capital and paid-up capital of Sagar Steel Private Limited?
The authorized share capital of Sagar Steel Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.
Who are the current board members & directors of Sagar Steel Private Limited?
Currently 3 directors are associated with Sagar Steel Private Limited.
- Surpat Singh Chouraria
- Kusum Lata Chouraria
- Anuradha Vijay
What is the registered address of Sagar Steel Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Steel Private Limited is No. 14 Ninth Avenue 3Rd Floor Cross N S Iyengar Road, Sheshadripu Ram India, Bangalore, Karnataka, 560020.
What is the corporate identification number (CIN) and company number of Sagar Steel Private Limited?
The corporate identification number (CIN) of Sagar Steel Private Limited is U27109KA1974PTC002557 and the company number is 002557 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sagar Steel Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sagar Steel Private Limited has risen by 13.19%.
How many employees does Sagar Steel Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Sagar Steel Private Limited.
What change has been observed in the net worth of Sagar Steel Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sagar Steel Private Limited has experienced an upsurge of 0.07%.
When was the last Balance Sheet of Sagar Steel Private Limited filed with the ROC?
The most recent Balance Sheet for Sagar Steel Private Limited was filed with the ROC on 31 Mar 2023.
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