Saarus Innovations Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.99 Cr
- Company Age 9 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.00 Cr
- Satisfied Charges ₹ 12.00 Cr
- Revenue Growth 43.75%
- Profit Growth -8.40%
- Ebitda 53.97%
- Net Worth 21.51%
- Total Assets -1.74%
About Saarus Innovations
Saarus Innovations Private Limited (SIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 December 2015 (Nine years and five months 11 days old ). Its registered office is in Sanand, Gujarat, India.
The Company is engaged in the Home & Lifestyle 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 4.00 Cr and a paid-up capital of Rs 2.99 Cr.
The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vibhas Raina, Salil Bhargava, Sagun Saxena, and One other member serve as directors at the Company.
Company Details
- Location
Sanand, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210GJ2015PTC085209
- Company No.
085209
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Dec 2015
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Home & Lifestyle
Saarus Innovations Private Limited
Explore comprehensive data for Saarus Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Saarus Innovations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vibhas Raina  | Managing Director | 24-Aug-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Salil Bhargava | Director | 18-Feb-2016 | Current |
| Sagun Saxena | Nominee Director | 25-Sep-2018 | Current |
Nicholas Stokes  | Director | 01-Feb-2019 | Current |
Financial Performance of Saarus Innovations.
Saarus Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.75% increase. The company also saw a slight decrease in profitability, with a 8.4% decrease in profit. The company's net worth Soared by an impressive increase of 21.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Saarus Innovations?
In 2023, Saarus Innovations had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Koko Networks Private LimitedSalil Bhargava, Sagun Saxena and 1 more are mutual person
Koko Networks Manufacturing Private LimitedSalil Bhargava is a mutual person
- Novotech Enterprises Private Limited
Salil Bhargava is a mutual person
- Tuka Wardhan Foundation
Salil Bhargava is a mutual person
Charges (Loans)
Open Charges
₹20.00 Cr
Satisfied Charges
₹12.00 Cr
Charges Breakdown by Lending Institutions
- Others : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2023 | Others | ₹20.00 Cr | Open |
| 12 Dec 2022 | Others | ₹12.00 Cr | Satisfied |
How Many Employees Work at Saarus Innovations?
Saarus Innovations has a workforce of 198 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saarus Innovations, 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 Saarus Innovations's trajectory.
Rating
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.
Alerts
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.
Latest Updates, News, and FAQs on Saarus Innovations
Recent activity within the organization
- Charges
A charge with Others of Rs. 20.00 Cr registered on 24 Mar 2023 with Charge ID 100694428 was modified on 08 Dec 2023.
- Charges
A charge registered on 12 Dec 2022 via Charge ID 100653406 with Others was fully satisfied on 27 Oct 2023.
- Annual General Meeting
Saarus Innovations Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Balance Sheet
Saarus Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100694428 was registered on 24 Mar 2023.
- Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100653406 was registered on 12 Dec 2022.
Frequently asked questions
What is the Incorporation or founding date of Saarus Innovations Private Limited?
Saarus Innovations Private Limited was incorporated on 01 Dec 2015.
What is authorized share capital and paid-up capital of Saarus Innovations Private Limited?
The authorized share capital of Saarus Innovations Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.99 Cr.
Who are the current board members & directors of Saarus Innovations Private Limited?
Currently 4 directors are associated with Saarus Innovations Private Limited.
- Vibhas Raina
- Salil Sanjay Bhargava
- Sagun Saxena
- Nicholas Mark Philip Stokes
What is the registered address of Saarus Innovations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Saarus Innovations Private Limited is Shed No.2Pinnacle Logistic ParkS.No.194/A194/P/ 7A194/P/7B195/3Nr. Sanand Toll TaxVi, . Vasna, Gujarat, India, 382170.
What is the corporate identification number (CIN) and company number of Saarus Innovations Private Limited?
The corporate identification number (CIN) of Saarus Innovations Private Limited is U74210GJ2015PTC085209 and the company number is 085209 as per Ministry of Corporate Affairs (MCA).
What is the official website of Saarus Innovations Private Limited?
The Official website of Saarus Innovations Private Limited is https://www.manufacturing.kokonetworks.com
What has been the recent revenue trend for Saarus Innovations Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Saarus Innovations Private Limited has risen by 43.75%.
How many employees does Saarus Innovations Private Limited currently have?
As Per 2023 financial reports, 198 employees are currently employed by Saarus Innovations Private Limited.
What change has been observed in the net worth of Saarus Innovations Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Saarus Innovations Private Limited has experienced an upsurge of 21.51%.
What are the total open charges for Saarus Innovations Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Saarus Innovations Private Limited amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Saarus Innovations Private Limited filed with the ROC?
The most recent Balance Sheet for Saarus Innovations Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Sreejith KumarDirector
Karan RaiNominee DirectorAG
Amit GajjarDirector
Similar Companies Based on Crockery & Kitchenware Manufacturing
Snb Enterprises Private Limited Delhi, India
Raghuvar (India) Ltd Jaipur, Rajasthan, India
Hawkins Cookers Limited Mumbai, Maharashtra, India
Hamilton Housewares Private Limited Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
Magppie International Limited Delhi, India
Worldfa Exports Private Limited Delhi, India
La Opala R G Limited 24 Parganas, West Bengal, India
Arjan Impex Private Limited Delhi, India