Salasar Electrotech Private Limited
About Salasar Electrotech Private Limited
Data last updated:
Salasar Electrotech Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the nickel-cadmium segment of the electrical equipment sector. It was incorporated on 03 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31401WB2009PTC134461.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16.56 Lakh. It is led by directors Ankit Bagrodia and Vivek Kandoi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 11 Canal South Road, Kolkata, West Bengal, India – 700105.
As per the financials filed for FY 2015, the company reported a revenue of ₹88.79 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹66.58 Lakh (net margin -75%) and EBITDA of -₹11.05 Lakh (EBITDA margin -12.4%).
As per MCA filings, the company has open charges of ₹2.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Salasar Electrotech Private Limited's registered office is in Kolkata, West Bengal.
- Registered Address11 Canal South Road, Kolkata, West Bengal, India – 700105
- IndustryElectrical, Nickel-Cadmium, Manufacturing, Lead-Acid, Accumulators, Primary Cells & Primary Batteries
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Salasar Electrotech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Salasar Electrotech Private Limited, buy the company report.
Financials of Salasar Electrotech Private Limited
FY 2015 filings availableSalasar Electrotech Private Limited reported revenue of ₹88.79 Lakh (down 63% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year. EBITDA fell 131% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
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| Total Expenses | |
| EBITDA | -₹11.05 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹66.58 Lakh |
| Balance Sheet | |
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| Reserves and Surplus | |
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Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -12.4% |
| Net Profit Margin | -75% |
| Return on Equity (ROE) | |
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To see the full financial statements and ratios of Salasar Electrotech Private Limited, buy the company report.
Board of directors of Salasar Electrotech Private Limited
Salasar Electrotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Bagrodia Also directs: Oliver Moulds & Plastic Private Limited | Director | 03 Apr 2009 | 17 Years 6 Months | Current |
| Vivek Kandoi | Director | 03 Apr 2009 | 17 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2010 | 10244301 | Bank of Baroda | ₹2.75 Cr | Open |
To see the full charge records of Salasar Electrotech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Salasar Electrotech Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Bhagwati Translink Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Banani Trading Pvt. Ltd. | Disposed |
To see the full case history of Salasar Electrotech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salasar Electrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Salasar Electrotech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Salasar Electrotech Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Ankit Bagrodia was appointed as Director on 03 Apr 2009.
Frequently asked questions
Salasar Electrotech is an active private limited company based in Kolkata, West Bengal, India. The company works in nickel-cadmium, within the electrical industry. It was incorporated on 03 April 2009 (17+ years old) and is registered under CIN U31401WB2009PTC134461.
Salasar Electrotech has 2 current directors:
- Ankit Bagrodia - Director
- Vivek Kandoi - Director
The latest financial statements of Salasar Electrotech on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Salasar Electrotech is U31401WB2009PTC134461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salasar Electrotech has 2 court cases on record: 2 filed against it.
Salasar Electrotech was incorporated on 03 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Ankit Bagrodia was appointed as Director on 03 Apr 2009. Vivek Kandoi was appointed as Director on 03 Apr 2009.
The registered office of Salasar Electrotech is at 11 Canal South Road, Kolkata, West Bengal, India – 700105.
Salasar Electrotech operates in the electrical industry, in the nickel-cadmium segment.
Salasar Electrotech has open charges of ₹2.75 Cr and no satisfied charges on record as per latest MCA filings.