Salasar Steel And Power Limited Company Logo

Salasar Steel And Power Limited - Company Profile

It is a metals and minerals public limited company based in Park Circus, West Bengal, India, established in 1994.

1994 | Park Circus, West Bengal, India | Amalgamated
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About Salasar Steel And Power Limited

Salasar Steel And Power Limited, a amalgamated public limited company, was established on 19 May 1994 in Park Circus, West Bengal, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U17124WB1994PLC261559. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹60.00 Cr.

Formerly known as Rotocast Synthetic Limited, Salasar Sponge And Power Limited. It upholds a compliant status. Employing 125 professional, Its leadership includes Ajay Agarwal (Director), Ayush Agarwal (Director), Vinay Kumar Sharma (Whole-Time Director). Past directors included Rajkumar Goel, Shiv Kumar Malani, Jinesh Kumar Jain. It holds no open charges and ₹555.73 Cr settled loans. Its latest AGM occurred on 24 December 2023, with the balance sheet filed on 31 March 2023. It is based at 45 Shakespeare Sarani, Room 303 3Rd Floor, Century Tower, Park Circus, West Bengal, 700017.

Company Details

  • CIN/LLPIN

    U17124WB1994PLC261559

  • Registration Number

    261559

  • Incorporation Date

    19 May 1994

  • Authorized Capital

    ₹60.00 Cr

  • Paid-Up Capital

    ₹60.00 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 60.00 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 555.73 Cr
  • Revenue Growth 530.07%
  • Profit Growth -94.07%
  • Ebitda 362.57%
  • Net Worth 2.99%
  • Total Assets 18.45%
Company report

Salasar Steel And Power Limited

Company Report FY 2025-2026

Explore comprehensive insights into Salasar Steel And Power Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Salasar Steel And Power Limited?

Current Directors

NameDesignationAppointment DateStatus
Ajay AgarwalDirector22 Dec 2021Current
Ayush AgarwalDirector22 Dec 2021Current
Vinay Kumar SharmaWhole-Time Director25 Feb 2022Current
Piyush AgarwalManaging Director22 Dec 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary25 Jul 2013Past
Pramod AbcsddManaging Director22 Dec 2021Past
Pramod AbcsddDirector17 Mar 2016Past
Pramod AbcsddCompany Secretary20 May 2021Past
Pramod AbcsddCompany Secretary16 Mar 2020Past
Pramod AbcsddDirector22 Dec 2021Past

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Financial Performance of Salasar Steel And Power.

Salasar Steel And Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 530.07% increase. The company also saw a substantial fall in profitability, with a 94.07% decrease in profit. The company's net worth moved up by a moderate rise of 2.99%.

Salasar Steel And Power revenue growth over time
Salasar Steel And Power 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
530.07%
Revenue from Operations
9937.89%
Total Assets
18.45%
Profit or Loss
-94.07%
Net Worth
2.99%
EBITDA
362.57%

What is the Ownership and Shareholding Structure of Salasar Steel And Power?

In 2023, Salasar Steel And Power had a promoter holding of 16.42% and a public holding of 83.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5,557,324,000.00

Charges Breakdown by Lending Institutions

  • Others : 376.08 Cr
  • Canara Bank : 141.00 Cr
  • Edelweiss Asset Reconstruction Company Limited : 30.00 Cr
  • Corporation Bank : 5.14 Cr
  • Bank Of Baroda : 2.00 Cr
  • Others : 1.51 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2021Canara Bank₹141.00 CrSatisfied
28 Jan 2013Corporation Bank₹5.14 CrSatisfied
27 Mar 2012Others₹3.40 CrSatisfied
29 Feb 2012Tata Capital Financial Services Limited₹2.50 MSatisfied
28 Sep 2011Tata Capital Financial Services Limited₹2.22 MSatisfied

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How Many Employees Work at Salasar Steel And Power?

Salasar Steel And Power has a workforce of 125 employees as of Apr 09, 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 Salasar Steel And Power Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salasar Steel And Power, 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 Salasar Steel And Power'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 Salasar Steel And Power

Recent Activity within the Organization

  • Annual General Meeting

    The activity Salasar Steel And Power Limited last Annual general meeting of members was held on 24 Dec 2023 as per latest MCA records. was completed.

  • Charges

    Progress on A charge registered on 22 Dec 2021 via Charge ID 100524280 with Canara Bank was fully satisfied on 02 Nov 2023. was documented.

  • Balance Sheet

    Salasar Steel And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata. was recorded as a recent event.

  • Director Appointment

    The activity Vinay Kumar Sharma was appointed as a Whole-time director was appointed as a Whole-time director on 25 Feb 2022 & has been associated with this company since 3 years 10 months . was completed.

  • Director Appointment

    Progress on Alok Saraf was appointed as a CFO was appointed as a CFO on 01 Feb 2022 & has been associated with this company since 3 years 11 months . was documented.

  • Charges

    The activity A charge registered on 28 Jan 2013 via Charge ID 10413162 with Corporation Bank was fully satisfied on 24 Dec 2021. was completed.

Frequently Asked Questions

  • What is the CIN of Salasar Steel And Power Limited?

    The CIN of Salasar Steel And Power Limited is U17124WB1994PLC261559.

  • Where is Salasar Steel And Power Limited headquartered?

    Salasar Steel And Power Limited is headquartered at 45 Shakespeare Sarani, Room 303 3Rd Floor, Century Tower, Park Circus, West Bengal, 700017.

  • When was Salasar Steel And Power Limited incorporated?

    Salasar Steel And Power Limited was incorporated on 19 May 1994.

  • Who are the current directors of Salasar Steel And Power Limited?

    The current directors of Salasar Steel And Power Limited are

  • What is the primary industry of Salasar Steel And Power Limited?

    The primary industry of Salasar Steel And Power Limited is Manufacturing.

  • Is Salasar Steel And Power Limited a listed company?

    Salasar Steel And Power Limited is unlisted.

  • What is the capital structure of Salasar Steel And Power Limited?

    The authorized capital of Salasar Steel And Power Limited is ₹60.00 Cr, and the paid-up capital is ₹60.00 Cr.

  • What is the compliance status of Salasar Steel And Power Limited?

    The compliance status of Salasar Steel And Power Limited is Compliant.

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