About Salasar Stainless Limited
Data last updated:
Salasar Stainless Limited was a public limited company based in Delhi, India, operated as a subsidiary of Salasar Techno Engineering Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the pipe and tubes segment of the manufacturing sector. It was incorporated on 09 April 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U27205DL2010PLC201399. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5 Cr. It was led by directors including Raghav Agarwal and Gyanendra Kumar Agarwal.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C – 211 2nd Floor C – Block Narwana Apartment I.P Extn. Patparganj Delhi – 110092, Delhi, India – 110092.
As per the financials filed for FY 2018, the company reported a revenue of ₹36.34 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹7.02 Cr (net margin 19.3%) and EBITDA of ₹11.69 Cr (EBITDA margin 32.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company had satisfied charges of ₹64 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is salasarstainless.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 211 2nd Floor C – Block Narwana Apartment I.P Extn. Patparganj Delhi – 110092, Delhi, India – 110092
- IndustryManufacturing, Pipe & Tubes
- 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
- One PDF report, delivered after checkout
Business Activity of Salasar Stainless Limited
The main business activity of Salasar Stainless is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Salasar Stainless Limited FY 2018 filings available
Salasar Stainless Limited reported revenue of ₹36.34 Cr (up 44% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Salasar Stainless Limited
Revenue rose 44% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 86% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Salasar Stainless Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.69 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.02 Cr | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Salasar Stainless Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 32.2% | •••• | •••• | •••• |
| Net Profit Margin | 19.3% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Salasar Stainless are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Salasar Stainless Limited
Salasar Stainless Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anand Seamless Limited | ₹37 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Kadi, Gujarat, India |
| Dagar Industries Private Limited | ₹37 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Jaipur, Rajasthan, India |
| Mil Industries Limited | ₹36.78 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Taurus Value Steel & Pipes Private Limited | ₹36.72 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Telangana, India |
| Hi -Tech Polyplast and Irrigation Private Limited | ₹36.42 Cr (FY 2024) | •••• | •••• | 228.0% | •••• | Nagpur, Maharashtra, India |
| Salasar Stainless Limited this company | ₹36.34 Cr (FY 2018) | •••• | •••• | 44.0% | •••• | Delhi, India |
| Somal Pipes Pvt Ltd | ₹35.97 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Punjab, India |
| Rajkot Seamless Tube Private Limited | ₹35.88 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Jetparda, Gujarat, India |
| Maniratan Pipes Private Limited | ₹35.73 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Grant Road, Mumbai, Maharashtra, India |
| K.V. Steel and Pipes Private Limited | ₹35.72 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Sorkhi Industries Private Limited | ₹35.59 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Hisar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Salasar Stainless by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Salasar Stainless Limited
Salasar Stainless Limited is audited by V A P S & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V A P S & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Salasar Stainless Limited
Salasar Stainless has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Agarwal | Director | 15 Nov 2016 | 9 Years 10 Months | As last reported |
| Gyanendra Kumar Agarwal | Director | 01 Oct 2016 | 10 Years 0 Months | As last reported |
| Kamlesh Gupta Also directs: Mahashakti Greencity LLP, Sunside Green India LLP, Salasar Logistics and Industrial Park LLP and 3 more | Director | 01 Oct 2016 | 10 Years 0 Months | As last reported |
| Shikhar Gupta Also directs: Salasar Logistics and Industrial Park LLP, Hill View Infrabuild Limited, Salasar Infracorp LLP and 5 more | Director | 09 Apr 2010 | 16 Years 6 Months | As last reported |
| Vijay Jain Kumar Also directs: VKJ Consultants Private Limited | Director | 23 Aug 2017 | 9 Years 1 Months | As last reported |
Ownership and Shareholding of Salasar Stainless Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Salasar Stainless Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2012 | Punjab National Bank | ₹7 Cr | Satisfied |
| 18 Sep 2010 | Punjab National Bank | ₹32 Cr | Satisfied |
| 16 Sep 2010 | Punjab National Bank | ₹15 Cr | Satisfied |
| 16 Sep 2010 | Punjab National Bank | ₹10 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Salasar Stainless Limited
Salasar Stainless Limited has 7 court cases on record: 6 filed by Salasar Stainless, 1 filed against it. 1 case is pending and 6 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Kudos Chemie Limited | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Kudos Chemie Limited | Disposed |
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed by the company against Kudos Chemie Limited | Disposed |
| Allahabad High Court | Court case (STRE) | Filed against the company by Commissioner, Commercial Tax U.P. Lucknow | Pending |
| District court, Hapur, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against Spi(Materials) Ltd | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Salasar Stainless Limited
Employment history and EPFO contributions of people linked to Salasar Stainless.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Salasar Stainless Limited
Salasar Stainless Limited has 12 board changes on record since 2010: 5 appointments and 7 cessations. The latest: Vijay Jain Kumar ceased to be Additional Director on 28 Sep 2018.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Salasar Stainless Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Salasar Stainless Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Salasar Stainless Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Salasar Stainless Limited
Salasar Stainless has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Salasar Stainless Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Salasar Stainless Limited
Salasar Stainless has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Salasar Stainless was a public limited company based in Delhi, India. The company worked in pipe and tubes, within the manufacturing industry. It was incorporated on 09 April 2010 and is registered under CIN U27205DL2010PLC201399. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Salasar Stainless was incorporated on 09 April 2010. It is registered with the Registrar of Companies, Delhi.
Salasar Stainless had 5 directors:
- Raghav Agarwal - Director
- Gyanendra Kumar Agarwal - Director
- Kamlesh Gupta - Director
- Shikhar Gupta - Director
- Vijay Jain Kumar - Director
The CIN (Corporate Identification Number) of Salasar Stainless is U27205DL2010PLC201399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Salasar Stainless is at C – 211 2nd Floor C – Block Narwana Apartment I.P Extn. Patparganj Delhi – 110092, Delhi, India – 110092.
Salasar Stainless can be reached through the website salasarstainless.com. Its registered office is in Delhi, India.
Salasar Stainless reported revenue of ₹36.34 Cr for FY 2018 (up 44% YoY).
Salasar Stainless has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5 Cr.
Salasar Stainless reported a net profit of ₹7.02 Cr (net margin 19.3%) and EBITDA of ₹11.69 Cr (EBITDA margin 32.2%) for FY 2018, as per its filed financial statements.
No. Salasar Stainless has 2 GST registrations on record and all of them are cancelled or inactive.