Sabare International Limited

This company manufactures and sells a variety of home textile products globally.

2003 | Karur, Tamil Nadu (India) | Active
Last Updated: January 09, 2025

Sabare International Profile

Key Indicators

  • Authorised Capital ₹ 44.50 Cr
  • Paid Up Capital ₹ 44.50 Cr
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 122.45 Cr
  • Revenue Growth %
  • Profit Growth -42979.52%
  • Ebitda -2709.41%
  • Net Worth -111.92%
  • Total Assets -94.90%

About Sabare International

Sabare International Limited (SIL) is a Public Limited Indian Non-Government Company incorporated in India on 09 October 2003 and has a history of 21 years and four months. Its registered office is in Karur, Tamil Nadu, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 44.50 Cr and a paid-up capital of Rs 44.50 Cr.

The company has closed loans amounting to ₹122.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Palanisamy Lakshmi, Sridharan Subramanian, and Swaminathan Susindran serve as directors at the Company.

Company Details

  • Location

    Karur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sabare.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17297TN2003PLC051728

  • Company No.

    051728

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2003

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

What products or services does Sabare International Limited offer?

Sabare International Limited offers a wide range of products and services, including Floor Protector, Floor Coverings, Embroidery Pattern, Hand Embroidery, Commercial Interior Designer, Theater Designing, Home Decor & Furnishing Fabrics, Home Textile, Fabric Dyeing Services, Fabric Finishing Services.

Who are the key members and board of directors at Sabare International?

Executive Team (1)

NameDesignationAppointment DateStatus
Swaminathan Susindran Country flag representing In Managing Director09-Oct-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Palanisamy Lakshmi Country flag representing In Director 02-Mar-2015Current
Sridharan Subramanian Country flag representing In Director 04-Feb-2014Current

Financial Performance of Sabare International.

Sabare International Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 42979.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 111.92%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-94.90%
Profit or Loss
-42979.52%
Net Worth
-111.92%
EBITDA
-2709.41%

What is the Ownership and Shareholding Structure of Sabare International?

In 2020, Sabare International had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹122.45 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 76.68 Cr
  • International Asset Reconstruction Company Private Limited : 25.77 Cr
  • State Bank Of India : 18.00 Cr
  • Axis Bank Ltd : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2011International Asset Reconstruction Company Private Limited₹3.00 CrSatisfied
12 Apr 2008Axis Bank Ltd₹2.00 CrSatisfied
17 Sep 2007International Asset Reconstruction Company Private Limited₹22.77 CrSatisfied
05 Aug 2005State Bank Of India₹9.00 CrSatisfied
05 Aug 2005State Bank Of India₹9.00 CrSatisfied

How Many Employees Work at Sabare International?

Sabare International has a workforce of 0 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sabare International, 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 Sabare International's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Sabare International

Recent activity within the organization

  • Annual General Meeting

    Sabare International Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Sabare International Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Charges

    A charge registered on 15 Mar 2004 via Charge ID 90287885 with Canara Bank was fully satisfied on 30 May 2017.

    30 May 2017

  • Charges

    A charge registered on 05 Feb 2004 via Charge ID 80063470 with Canara Bank was fully satisfied on 30 May 2017.

    30 May 2017

  • Charges

    A charge registered on 05 Feb 2004 via Charge ID 90295610 with Canara Bank was fully satisfied on 30 May 2017.

    30 May 2017

  • Director Appointment

    Palanisamy Lakshmi was appointed as a Director was appointed as a Director on 02 Mar 2015 & has been associated with this company since 9 years 11 months .

    02 Mar 2015

Frequently asked questions

  • Sabare International Limited was incorporated on 09 Oct 2003.

  • The authorized share capital of Sabare International Limited is ₹ 44.50 Cr and paid-up capital is ₹ 44.50 Cr.

  • Currently 3 directors are associated with Sabare International Limited.

    • Palanisamy Lakshmi
    • Sridharan Subramanian
    • Swaminathan Susindran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sabare International Limited is 14, Kamarajapuram East India, Karur, Tamil Nadu, 639002.

  • The corporate identification number (CIN) of Sabare International Limited is U17297TN2003PLC051728 and the company number is 051728 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sabare International Limited is https://www.sabare.com

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sabare International Limited has experienced an downturn of -111.92%.

  • The most recent Balance Sheet for Sabare International Limited was filed with the ROC on 31 Mar 2021.

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