Sagar Powertex Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 17-11-2024
- Paid Up Capital ₹ 2.30 M
as on 17-11-2024
- Company Age 53 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 34.18 Cr
as on 17-11-2024
- Satisfied Charges ₹ 20.14 Cr
as on 17-11-2024
- Revenue -26.74%
(FY 2023)
- Profit -64.12%
(FY 2023)
- Ebitda -28.71%
(FY 2023)
- Net Worth 3.77%
(FY 2023)
- Total Assets -9.05%
(FY 2023)
About Sagar Powertex
The Corporate was formerly known as Sagar Agencies Private Limited. The Company is engaged in the Energy And Power 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 2.50 M and a paid-up capital of Rs 2.30 M.
The company currently has active open charges totaling ₹34.18 Cr. The company has closed loans amounting to ₹20.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Priyesh Shah, Janki Shah, and Varishensagar Shah serve as directors at the Company.
- CIN/LLPIN
U40300GJ1971PTC001874
- Company No.
001874
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Apr 1971
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Sagar Powertex Private Limited offer?
Sagar Powertex Private Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, Textile Machines, Fabric Inspection Machines, Texturing Machines, Flocking Machine, Apparel & Textile Machinery, Garment & Textile Industrial Tools, Textile Equipment Parts, Industrial Air Conditioner & Devices.
Who are the key members and board of directors at Sagar Powertex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priyesh Shah  | Managing Director | 01-Apr-1981 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varishensagar Shah | Director | 04-Feb-2013 | Current |
| Janki Shah | Director | 30-Sep-1994 | Current |
Financial Performance of Sagar Powertex.
Sagar Powertex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.74% decrease. The company also saw a substantial fall in profitability, with a 64.12% decrease in profit. The company's net worth moved up by a moderate rise of 3.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sagar Powertex?
In 2023, Sagar Powertex 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)
Sagar Properties Pvt LtdActive 36 years 3 monthsPriyesh Shah, Janki Shah and 1 more are mutual person
- Sagar Marketings Pvt LtdActive 40 years 2 months
Priyesh Shah, Janki Shah and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 28 Aug 2023 | ₹2.50 M | Open |
Others Creation Date: 19 May 2022 | ₹8.68 M | Open |
Hdfc Bank Limited Creation Date: 27 Aug 2021 | ₹28.01 Cr | Open |
How Many Employees Work at Sagar Powertex?
Sagar Powertex has a workforce of 32 employees as of Apr 06, 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 Powertex, 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 Powertex'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.
