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.
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- Registered Address156 B Pocket – 4 Mayur Vihar Phase – 1, New Delhi, Delhi, India – 110091
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
The main business activity of Saras Ispat is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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
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 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹7.93 Lakh | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹6.78 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹10.37 Lakh | |
| 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -85.5% | |
| Net Profit Margin | -130.7% | |
| 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, and every line for FY 2016-17 to FY 2019-20, 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 Saras Ispat are in the company report.
: available in 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 Details
Saras Ispat Pvt Ltd is audited by SGNG & Associates for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SGNG & Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2010 | Indian Overseas Bank | ₹2 Cr | Open |
| 26 Jul 2007 | Indian Overseas Bank | ₹1 Cr | Satisfied |
| 14 Jan 2002 | State Bank of India | ₹1 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance
Saras Ispat Pvt Ltd has a workforce of 2 employees as of Apr 02, 2024.
: available in 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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Saras Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCS4709J1Z8 | Haryana | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available 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.