Sagar Polytechnik Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.75 Cr
- Company Age 11 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 32.99 Cr
- Satisfied Charges ₹ 5.29 M
- Revenue Growth -30.96%
- Profit Growth -22.57%
- Ebitda -14.95%
- Net Worth 14.54%
- Total Assets 0.69%
About Sagar Polytechnik
Sagar Polytechnik Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 May 2013 and has a history of 11 years and nine months. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.75 Cr.
The company currently has active open charges totaling ₹32.99 Cr. The company has closed loans amounting to ₹5.29 M, as per Ministry of Corporate Affairs (MCA) records.
Vijaykumar Kansagara, Denishkumar Kansagara, and Hershey Kansagara serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25191GJ2013PLC075316
- Company No.
075316
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 May 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Sagar Polytechnik Limited offer?
Sagar Polytechnik Limited offers a wide range of products and services, including Hoses & Hose Fittings, Hose Pipes, Suction Hose, PVC, CPVC, HDPE Water Pipe Fittings, Plastic Elbow, Plastic Tee, Plumbing Pipe, UPVC Plumbing Pipes, Pipe Elbows, Reducing Elbow.
Who are the key members and board of directors at Sagar Polytechnik?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Denishkumar Kansagara  | Whole-Time Director | 28-May-2013 | Current |
| Vijaykumar Kansagara | Whole-Time Director | 28-May-2013 | Current |
| Hershey Kansagara | Whole-Time Director | 29-Apr-2019 | Current |
Financial Performance of Sagar Polytechnik.
Sagar Polytechnik Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.96% decrease. The company also saw a substantial fall in profitability, with a 22.57% decrease in profit. The company's net worth Soared by an impressive increase of 14.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sagar Polytechnik?
In 2023, Sagar Polytechnik had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Albatross Polymers Private LimitedVijaykumar Kansagara and Denishkumar Kansagara are mutual person
Charges (Loans)
Open Charges
₹32.99 Cr
Satisfied Charges
₹0.53 Cr
Charges Breakdown by Lending Institutions
- Others : 32.29 Cr
- Axis Bank Limited : 0.51 Cr
- Hdfc Bank Limited : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2022 | Axis Bank Limited | ₹1.80 M | Open |
| 18 Oct 2021 | Axis Bank Limited | ₹3.30 M | Open |
| 08 Oct 2021 | Hdfc Bank Limited | ₹1.95 M | Open |
| 22 Mar 2019 | Others | ₹2.25 Cr | Open |
| 28 May 2013 | Others | ₹30.04 Cr | Open |
How Many Employees Work at Sagar Polytechnik?
Sagar Polytechnik has a workforce of 23 employees as of Apr 03, 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 Sagar Polytechnik, 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 Polytechnik'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 Sagar Polytechnik
Recent activity within the organization
- Annual General Meeting
Sagar Polytechnik Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sagar Polytechnik Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 30.04 Cr registered on 28 May 2013 with Charge ID 10433419 was modified on 09 Sep 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100540727 was registered on 15 Feb 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100502436 was registered on 18 Oct 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100505290 was registered on 08 Oct 2021.
Frequently asked questions
What is the Incorporation or founding date of Sagar Polytechnik Limited?
Sagar Polytechnik Limited was incorporated on 28 May 2013.
What is authorized share capital and paid-up capital of Sagar Polytechnik Limited?
The authorized share capital of Sagar Polytechnik Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.75 Cr.
Who are the current board members & directors of Sagar Polytechnik Limited?
Currently 3 directors are associated with Sagar Polytechnik Limited.
- Vijaykumar Jadavbhai Kansagara
- Denishkumar Vijaybhai Kansagara
- Hershey Denishbhai Kansagara
What is the registered address of Sagar Polytechnik Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Polytechnik Limited is Plot No. 2819 To 2826 Lodhika G.I.D.C., Metoda India, Rajkot, Gujarat, 360021.
What is the corporate identification number (CIN) and company number of Sagar Polytechnik Limited?
The corporate identification number (CIN) of Sagar Polytechnik Limited is U25191GJ2013PLC075316 and the company number is 075316 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sagar Polytechnik Limited?
The Official website of Sagar Polytechnik Limited is https://www.sagarpolymers.com
What has been the recent revenue trend for Sagar Polytechnik Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sagar Polytechnik Limited has fallen by -30.96%.
How many employees does Sagar Polytechnik Limited currently have?
As Per 2023 financial reports, 23 employees are currently employed by Sagar Polytechnik Limited.
What change has been observed in the net worth of Sagar Polytechnik Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sagar Polytechnik Limited has experienced an upsurge of 14.54%.
What are the total open charges for Sagar Polytechnik Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sagar Polytechnik Limited amount to ₹ 32.99 Cr.
When was the last Balance Sheet of Sagar Polytechnik Limited filed with the ROC?
The most recent Balance Sheet for Sagar Polytechnik Limited was filed with the ROC on 31 Mar 2024.
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