Saraswati Iron Private Limited
About Saraswati Iron Private Limited
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Saraswati Iron Private Limited is a private limited company based in Gorakhpur, Uttar Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2008PTC035496. Its GSTIN is 09AASCS6903R2Z8 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.4 Lakh. It is led by directors Rajendra Prasad and Rohit Madhesia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at M – 560 Rajendra Nagar(East) Gorakhnath Road, Gorakhpur, Uttar Pradesh, India – 273015.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.45 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹72.42 Lakh (net margin -11.2%) and EBITDA of -₹70.24 Lakh (EBITDA margin -10.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹5.39 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saraswati Iron Private Limited's registered office is in Gorakhpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 560 Rajendra Nagar(East) Gorakhnath Road, Gorakhpur, Uttar Pradesh, India – 273015
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Saraswati Iron 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 Saraswati Iron is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Saraswati Iron Private Limited, buy the company report.
Financials of Saraswati Iron Private Limited
FY 2023 filings availableSaraswati Iron Private Limited reported revenue of ₹6.45 Cr (down 35% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹70.24 Lakh | ||||
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| Net Profit (PAT) | -₹72.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -10.9% | ||||
| Net Profit Margin | -11.2% | ||||
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To see the full financial statements and ratios of Saraswati Iron Private Limited, buy the company report.
Board of directors of Saraswati Iron Private Limited
Saraswati Iron 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 |
|---|---|---|---|---|
| Rajendra Prasad | Director | 19 Jun 2008 | 18 Years 4 Months | Current |
| Rohit Madhesia | Director | 11 Mar 2013 | 13 Years 8 Months | Current |
Auditor
Saraswati Iron Private Limited is audited by SHAKTI SHARAN & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAKTI SHARAN & COMPANY | FY 2021 | 012809C |
Shareholding
The shareholding of Saraswati Iron Private Limited 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 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saraswati Iron Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2020 | 100339882 | Others | ₹49 Lakh | Open | |
| 18 Sep 2018 | 100236233 | Others | ₹4.9 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Saraswati Iron Private Limited has 4 court cases on record: 4 filed by Saraswati Iron. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and 2 Others | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Union of India and 3 Others and 3 others | Pending |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and 3 Others | Pending |
| Allahabad High Court | Writ petition | Filed by the company against Union of India Through General Manager and 3 Others | Disposed |
To see the full case history of Saraswati Iron 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 Saraswati Iron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saraswati Iron has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AASCS6903R2Z8 | Uttar Pradesh | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Saraswati Iron Private Limited, buy the company report.
Recent activity
Saraswati Iron Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Amar Nath Jaiswal ceased to be Director on 14 May 2013.
Frequently asked questions
Saraswati Iron is an active private limited company based in Gorakhpur, Uttar Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 June 2008 (18+ years old) and is registered under CIN U74999UP2008PTC035496.
Saraswati Iron has 2 current directors:
- Rajendra Prasad - Director
- Rohit Madhesia - Director
The latest financial statements of Saraswati Iron on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Saraswati Iron is 09AASCS6903R2Z8, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saraswati Iron is U74999UP2008PTC035496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraswati Iron has 4 court cases on record: 4 filed by the company. 3 are pending.
Saraswati Iron was incorporated on 19 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.
Amar Nath Jaiswal ceased to be Director on 14 May 2013. Rohit Madhesia was appointed as Director on 11 Mar 2013. Rajendra Prasad was appointed as Director on 19 Jun 2008.
The registered office of Saraswati Iron is at M – 560 Rajendra NagarEast Gorakhnath Road, Gorakhpur, Uttar Pradesh, India – 273015.
Saraswati Iron operates in the metals and minerals industry, in the metal retail and distribution segment.
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