Sangam Business Credit Limited

Sangam Business Credit Limited

Mineral trading company incorporated in 1991, based in Mumbai, Maharashtra.

1991 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

1 month ago
Sangam Business Credit Limited (SBCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 October 1991 and has a history of 32 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Bhushan Finance Ltd. 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 13.00 cr and a paid-up capital of Rs 12.19 cr.

The Corporate currently has active open charges totaling ₹150.00 cr. It has already closed loans amounting to ₹15.00 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sangam Business Credit Limited India are Komal Chaplot as Company Secretary and Krishan Suthar as Cfo. Rajesh Bhatt, Vinod Sharma, Krishan Suthar, and One other member serve as directors at the Company.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65990MH1991PLC063821
Company No.063821
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date29 Oct 1991
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of Sangam Business Credit Limited

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Sangam Business Credit Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 24.72% decrease. The company also saw a substantial improvement in profitability, with a 85.85% increase in profit. The company's net worth dipped by a decrease of 2.54%.

Corporate Structure

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Unlock access to Sangam Business Credit's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Sangam Business Credit Limited

Executive Team (2)

  • KS

    Krishan Suthar In Managing Director

    Appointment Date: 31-Dec-2016

    Status: Current

  • KC

    Komal Chaplot Company Secretary

    Appointment Date: 01-Mar-2023

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹150.00 cr

₹15.00 cr

LenderAmountStatus

Others

Creation Date: 22 Mar 2018
₹150.00 CrOpen

State Bank Of Bikaner And Jaipur

Creation Date: 28 Oct 2010
₹15.00 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Sangam Business Credit, 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 Sangam Business Credit's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • Sangam Lifespaces Limited

    Sangam Lifespaces Limited

    Active build-icon 27 years 5 months

    Shailender Jain is a mutual person

  • Sangam Finserv Limited

    Sangam Finserv Limited

    Active build-icon 42 years 6 months

    Rajesh Bhatt is a mutual person

  • Novelty Tie-Up Private Limited

    Novelty Tie-Up Private Limited

    Active build-icon 17 years 1 month

    Krishan Suthar is a mutual person

  • Seema Travel Agencies Private Limited

    Seema Travel Agencies Private Limited

    Active build-icon 27 years 7 months

    Krishan Suthar is a mutual person

  • Laddha Construction Company Private Limited

    Laddha Construction Company Private Limited

    Active build-icon 30 years 2 months

    Shailender Jain is a mutual person

  • Hawamahal Finance Private Limited

    Hawamahal Finance Private Limited

    Active build-icon 30 years 9 months

    Shailender Jain is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Sangam Business Credit Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Sangam Business Credit Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Director Appointment

    Komal Chaplot was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2023 & has been associated with this company since 1 year 3 months .

    01 Mar 2023
  • Activity

    Director Appointment

    Shailender Kumar Jain was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 2 years 2 months .

    30 Mar 2022
  • Activity

    Charges

    A charge with Others amounted to Rs. 150.00 cr with Charge ID 100169772 was registered on 22 Mar 2018.

    22 Mar 2018

Frequently asked questions

What is the Incorporation or founding date of Sangam Business Credit Limited?

Sangam Business Credit Limited was incorporated 32 years 7 months ago on 29 Oct 1991 with Registrar of Companies Roc Mumbai.

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