Saras Ispat Pvt Ltd
About Saras Ispat Pvt Ltd
Data last updated:
Saras Ispat Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 13 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27101DL2001PTC111667. Its GSTIN is 06AAFCS4709J1Z8 (Haryana).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Babita Rangi and Anand Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 156 B Pocket – 4 Mayur Vihar Phase – 1, New Delhi, Delhi, India – 110091.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.37 Lakh (net margin -130.7%) and EBITDA of -₹6.78 Lakh (EBITDA margin -85.5%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 51% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Saras Ispat Pvt Ltd's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address156 B Pocket – 4 Mayur Vihar Phase – 1, New Delhi, Delhi, India – 110091
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Saras Ispat Pvt Ltd, 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 Saras Ispat 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 Saras Ispat Pvt Ltd, buy the company report.
Financials of Saras Ispat Pvt Ltd
FY 2021 filings availableSaras Ispat Pvt Ltd reported revenue of ₹7.93 Lakh (up 9646% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years. 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.93 Lakh | ||||
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| EBITDA | -₹6.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -85.5% | ||||
| Net Profit Margin | -130.7% | ||||
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To see the full financial statements and ratios of Saras Ispat Pvt Ltd, buy the company report.
Board of directors of Saras Ispat Pvt Ltd
Saras Ispat has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babita Rangi Also directs: Dot Supply Chain Limited | Director | 15 Jul 2010 | 16 Years 3 Months | Current |
| Anand Singh Also directs: Saras Wires Private Limited, Dot Truckers Limited | Director | 04 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Saras Ispat Pvt Ltd is audited by SGNG & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGNG & Associates | FY 2021 | 027191N |
Shareholding
The shareholding of Saras Ispat Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saras Ispat Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2010 | 10243293 | Indian Overseas Bank | ₹2 Cr | Open | |
| 26 Jul 2007 | 10061718 | Indian Overseas Bank | ₹1 Cr | Satisfied | |
| 14 Jan 2002 | 90048846 | State Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Saras Ispat Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Saras Ispat Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saras Ispat Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saras Ispat Pvt Ltd has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Saras Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCS4709J1Z8 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saras Ispat Pvt Ltd, buy the company report.
Recent activity
Saras Ispat Pvt Ltd has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Sheela Devi ceased to be Director on 08 May 2015.
6 earlier events are in the company report.
Frequently asked questions
Saras Ispat is an active private limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 13 July 2001 (25+ years old) and is registered under CIN U27101DL2001PTC111667.
Saras Ispat has 2 current directors:
- Babita Rangi - Director
- Anand Singh - Director
The latest financial statements of Saras Ispat on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Saras Ispat is 06AAFCS4709J1Z8, registered in Haryana.
The CIN (Corporate Identification Number) of Saras Ispat is U27101DL2001PTC111667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saras Ispat was incorporated on 13 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Sheela Devi ceased to be Director on 08 May 2015. Surjan Singh Chauhan ceased to be Director on 08 May 2015. Anand Singh was appointed as Director on 04 Sep 2014. Saras Ispat has 10 board changes on record in total.
The registered office of Saras Ispat is at 156 B Pocket – 4 Mayur Vihar Phase – 1, New Delhi, Delhi, India – 110091.
Saras Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Saras Ispat has open charges of ₹2 Cr and satisfied charges of ₹2 Cr as per latest MCA filings.