Sagar Asia Private Limited

Manufactures ladders, scaffoldings, wind equipment, and aluminum extrusion for safety and industrial use.

2007 | Medak, Telangana (India) | Active
Last Updated:

Sagar Asia Profile

Key Indicators

  • Authorised Capital ₹ 30.73 Cr
  • Paid Up Capital ₹ 27.76 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 159.96 Cr
  • Satisfied Charges ₹ 6.87 Cr
  • Revenue Growth 46.58%
  • Profit Growth 26.25%
  • Ebitda 18.05%
  • Net Worth 8.33%
  • Total Assets 5.19%

About Sagar Asia

Sagar Asia Private Limited (SAPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 07 May 2007 and has a history of 17 years and nine months. Its registered office is in Medak, Telangana, India.

The Corporate was formerly known as Zarges Tubesca Aluminium Systems Private Limited. The Company is engaged in the Machinery And Equipment 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 30.73 Cr and a paid-up capital of Rs 27.76 Cr.

The company currently has active open charges totaling ₹159.96 Cr. The company has closed loans amounting to ₹6.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Veesamsetty Vidyasagar, Deepak Agrawal, and Veesamsetty Jayasri serve as directors at the Company.

Company Details

  • Location

    Medak, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sagarasia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29268TG2007FTC064837

  • Company No.

    064837

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    07 May 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

What products or services does Sagar Asia Private Limited offer?

Sagar Asia Private Limited offers a wide range of products and services, including Industrial & Engineering Goods, Industrial Ladder, Architectural & Civil Engineering, Architectural Services, Aluminium Ladders, Building & Construction Machines, Working Platform, Aeronautical Instrument & Components, Aerospace Equipment, Scaffolding Pipes and Fittings.

Who are the key members and board of directors at Sagar Asia?

Executive Team (1)

NameDesignationAppointment DateStatus
Veesamsetty Vidyasagar Country flag representing In Managing Director07-May-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Deepak Agrawal Country flag representing In Additional Director 08-Nov-2024Current
Veesamsetty Jayasri Country flag representing In Director 25-Nov-2009Current

Financial Performance of Sagar Asia.

Sagar Asia Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.58% increase. The company also saw a substantial improvement in profitability, with a 26.25% increase in profit. The company's net worth moved up by a moderate rise of 8.33%.

Sagar Asia revenue growth over time
Sagar Asia 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
46.58%
Revenue from Operations
47.78%
Total Assets
5.19%
Profit or Loss
26.25%
Net Worth
8.33%
EBITDA
18.05%

What is the Ownership and Shareholding Structure of Sagar Asia?

In 2022, Sagar Asia had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹159.96 Cr

Satisfied Charges

₹6.87 Cr

Charges Breakdown by Lending Institutions

  • Others : 64.24 Cr
  • State Bank Of India : 50.08 Cr
  • Canara Bank : 45.07 Cr
  • Reliance Capital Ltd : 0.34 Cr
  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Others₹9.90 CrOpen
29 Apr 2024Others₹1.80 CrOpen
21 Mar 2024Others₹5.00 CrOpen
12 Mar 2024Others₹2.50 CrOpen
31 Jan 2024Others₹1.13 CrOpen

How Many Employees Work at Sagar Asia?

Sagar Asia has a workforce of 103 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.

Employee growth trends for Sagar Asia Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sagar Asia, 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 Sagar Asia'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 Sagar Asia

Recent activity within the organization

  • Director Appointment

    Deepak Satish Agrawal was appointed as a Additional Director was appointed as a Additional Director on 08 Nov 2024 & has been associated with this company since 3 months 26 days .

  • Charges

    A charge registered on 28 Aug 2017 via Charge ID 100120296 with Others was fully satisfied on 07 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 9.90 Cr with Charge ID 100976542 was registered on 29 Aug 2024.

  • Charges

    A charge with Canara Bank of Rs. 45.07 Cr registered on 30 Oct 2023 with Charge ID 100808571 was modified on 22 Aug 2024.

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 01 Jul 2015 with Charge ID 10587106 was modified on 18 May 2024.

  • Charges

    A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100928378 was registered on 29 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Sagar Asia Private Limited?

    Sagar Asia Private Limited was incorporated on 07 May 2007.

  • What is authorized share capital and paid-up capital of Sagar Asia Private Limited?

    The authorized share capital of Sagar Asia Private Limited is ₹ 30.73 Cr and paid-up capital is ₹ 27.76 Cr.

  • Who are the current board members & directors of Sagar Asia Private Limited?

    Currently 3 directors are associated with Sagar Asia Private Limited.

    • Veesamsetty Vidyasagar
    • Deepak Satish Agrawal
    • Veesamsetty Jayasri

  • What is the registered address of Sagar Asia Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Asia Private Limited is Survey Nos. 379 To 382 Kallakal, India, Medak, Telangana, 502336.

  • What is the corporate identification number (CIN) and company number of Sagar Asia Private Limited?

    The corporate identification number (CIN) of Sagar Asia Private Limited is U29268TG2007FTC064837 and the company number is 064837 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sagar Asia Private Limited?

    The Official website of Sagar Asia Private Limited is https://www.sagarasia.com

  • What has been the recent revenue trend for Sagar Asia Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sagar Asia Private Limited has risen by 46.58%.

  • How many employees does Sagar Asia Private Limited currently have?

    As Per 2022 financial reports, 103 employees are currently employed by Sagar Asia Private Limited.

  • What change has been observed in the net worth of Sagar Asia Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sagar Asia Private Limited has experienced an upsurge of 8.33%.

  • What are the total open charges for Sagar Asia Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sagar Asia Private Limited amount to ₹ 159.96 Cr.

  • When was the last Balance Sheet of Sagar Asia Private Limited filed with the ROC?

    The most recent Balance Sheet for Sagar Asia Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing