Salasar Tradeco Private Limited
About Salasar Tradeco Private Limited
Data last updated:
Salasar Tradeco Private Limited is a private limited company based in Bilaspur, Chhattisgarh, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 16 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51909CT2007PTC020200. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.2 Lakh. It is led by directors Pradeep Kumar Agrawal and Pramod Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Salasar House Behind Saran Cycle Industries Surya Vihar Seepat Road, Bilaspur, Chhattisgarh, India – 495001.
As per the financials filed for FY 2016, the company reported a revenue of ₹23.84 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹21,425 (net margin 0%) and EBITDA of ₹14.54 Lakh (EBITDA margin 0.6%).
As per MCA filings, the company has satisfied charges of ₹1.95 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Salasar Tradeco Private Limited's registered office is in Bilaspur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSalasar House Behind Saran Cycle Industries Surya Vihar Seepat Road, Bilaspur, Chhattisgarh, India – 495001
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Salasar Tradeco Private Limited, buy the company report.
- 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 Tradeco is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Salasar Tradeco Private Limited, buy the company report.
Financials of Salasar Tradeco Private Limited
FY 2016 filings availableSalasar Tradeco Private Limited reported revenue of ₹23.84 Cr (down 57% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year. EBITDA rose 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹23.84 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹14.54 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹21,425 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.6% | |
| Net Profit Margin | 0% | |
| 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 | ||
To see the full financial statements and ratios of Salasar Tradeco Private Limited, buy the company report.
Board of directors of Salasar Tradeco Private Limited
Salasar Tradeco has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Agrawal | Director | 16 Feb 2007 | 19 Years 8 Months | Current |
| Pramod Agarwal | Director | 16 Feb 2007 | 19 Years 8 Months | Current |
Peer comparison
Salasar Tradeco Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spectrum Global Projects Private Limited | ₹23.99 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Technoquip Engineers Private Limited | ₹23.9 Cr (FY 2023) | 29.0% | Ahmedabad, Gujarat, India | |||
| Salasar Tradeco Private Limitedthis company | ₹23.84 Cr (FY 2016) | -₹21,425 | 0% | -57.0% | Bilaspur, Chhattisgarh, India | |
| Shreenathji Welding & Safety Private Limited | ₹23.83 Cr (FY 2025) | 25.0% | Ahmedabad, Gujarat, India | |||
| Jay Kumar & Co Sales Private Limited | ₹23.72 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Yash Diesel Equipments Private Limited | ₹23.69 Cr (FY 2025) | -3.0% | Jalgaon, Maharashtra, India |
To see the full peer comparison of Salasar Tradeco Private Limited, buy the company report.
Auditor
Salasar Tradeco Private Limited is audited by NATWAR VINOD & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATWAR VINOD & CO | FY 2016 | 007700C |
Shareholding
The shareholding of Salasar Tradeco Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Salasar Tradeco Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2016 | 100020539 | Others | ₹95 Lakh | Satisfied | |
| 20 Sep 2007 | 10072353 | Punjab National Bank | ₹1 Cr | Satisfied |
To see the full charge records of Salasar Tradeco Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Salasar Tradeco Private Limited has 5 court cases on record: 5 filed by Salasar Tradeco. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Court case (WPT) | Filed by the company against The Commissioner, Commercial Tax GST and 1 other | Disposed |
| Supreme Court | Court case (0428-Indirect Taxes Matters : Others) | Filed by the company against Union of India Secretary Ministry of Finance, Post Office/Police Station North Block, Parliament Street ,New Delhi , Delhi and 6 others | Disposed |
| Supreme Court | Court case (0428-Indirect Taxes Matters : Others) | Filed by the company against Union of India Through the Secretary Post Office/Police Station North Block, Parliament Street ,New Delhi , Delhi and 6 others | Disposed |
| High Court of Chhattisgarh | Court case (REVP) | Filed by the company against Union of India | Disposed |
| High Court, CHHATTISGARH | Court case (WPT) | Filed by the company against Union of India and 5 others | Disposed |
To see the full case history of Salasar Tradeco 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 Tradeco Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salasar Tradeco has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Salasar Tradeco Private Limited, buy the company report.
Recent activity
Salasar Tradeco Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Prakash Agarwal ceased to be Director on 06 Jun 2011.
Frequently asked questions
Salasar Tradeco is an active private limited company based in Bilaspur, Chhattisgarh, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 16 February 2007 (19+ years old) and is registered under CIN U51909CT2007PTC020200.
Salasar Tradeco has 2 current directors:
- Pradeep Kumar Agrawal - Director
- Pramod Agarwal - Director
The latest financial statements of Salasar Tradeco on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Salasar Tradeco has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Salasar Tradeco is U51909CT2007PTC020200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salasar Tradeco has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Salasar Tradeco was incorporated on 16 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Salasar Tradeco by revenue are Spectrum Global Projects Private Limited, Technoquip Engineers Private Limited, Shreenathji Welding & Safety Private Limited, Jay Kumar & Co Sales Private Limited, Yash Diesel Equipments Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Prakash Agarwal ceased to be Director on 06 Jun 2011. Pradeep Kumar Agrawal was appointed as Director on 16 Feb 2007. Pramod Agarwal was appointed as Director on 16 Feb 2007.
The registered office of Salasar Tradeco is at Salasar House Behind Saran Cycle Industries Surya Vihar Seepat Road, Bilaspur, Chhattisgarh, India – 495001.
Salasar Tradeco operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
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