Sagar Suitings Private Limited

Trading yarn and fabrics since 1994, offering a wide range of textile products.

1994 | Bhilwara, Rajasthan (India) | Active
Last Updated: November 16, 2024

Sagar Suitings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.31 M
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.84 Cr
  • Satisfied Charges ₹ 6.69 Cr
  • Revenue Growth 28.61%
  • Profit Growth 2941.08%
  • Ebitda 16.26%
  • Net Worth 8.36%
  • Total Assets 22.46%

About Sagar Suitings

Sagar Suitings Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 1994 and has a history of 30 years and seven months. Its registered office is in Bhilwara, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.31 M.

The company currently has active open charges totaling ₹10.84 Cr. The company has closed loans amounting to ₹6.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Swarn Gulati, Jyoti Gulati, and Lalit Gulati serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U18108RJ1994PTC008470

  • Company No.

    008470

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Swarn Gulati Country flag representing In Director 01-Aug-1994Current
Jyoti Gulati Country flag representing In Director 01-Aug-1994Current
Lalit Gulati Country flag representing In Director 01-Aug-1994Current

Financial Performance of Sagar Suitings.

Sagar Suitings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.61% increase. The company also saw a substantial improvement in profitability, with a 2941.08% increase in profit. The company's net worth moved up by a moderate rise of 8.36%.

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
28.61%
Revenue from Operations
28.21%
Total Assets
22.46%
Profit or Loss
2941.08%
Net Worth
8.36%
EBITDA
16.26%

What is the Ownership and Shareholding Structure of Sagar Suitings?

In 2023, Sagar Suitings had a promoter holding of 54.36% and a public holding of 45.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹108.44 M

Satisfied Charges

₹66.86 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 10.38 Cr
  • Hdfc Bank Limited : 0.30 Cr
  • Axis Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2024Axis Bank Limited₹1.65 MOpen
02 Dec 2022Indian Bank₹2.10 MOpen
30 Sep 2021Hdfc Bank Limited₹3.01 MOpen
22 Sep 2021Indian Bank₹4.25 MOpen
09 Jun 2020Indian Bank₹8.50 MOpen

How Many Employees Work at Sagar Suitings?

Sagar Suitings has a workforce of 15 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 Sagar Suitings, 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 Suitings'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 Suitings

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 60.00 M registered on 27 Nov 2014 with Charge ID 10544287 was modified on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.65 M with Charge ID 100865487 was registered on 06 Feb 2024.

    06 Feb 2024

  • Annual General Meeting

    Sagar Suitings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sagar Suitings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 2.10 M with Charge ID 100657034 was registered on 02 Dec 2022.

    02 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.01 M with Charge ID 100490993 was registered on 30 Sep 2021.

    30 Sep 2021

Frequently asked questions

  • Sagar Suitings Private Limited was incorporated on 13 Jun 1994.

  • The authorized share capital of Sagar Suitings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.31 M.

  • Currently 3 directors are associated with Sagar Suitings Private Limited.

    • Swarn Gulati
    • Jyoti Gulati
    • Lalit Gulati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Suitings Private Limited is G-222-223 Riico Industrialarea Phase-Iii, India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Sagar Suitings Private Limited is U18108RJ1994PTC008470 and the company number is 008470 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sagar Suitings Private Limited is https://www.sagar-suitings-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sagar Suitings Private Limited has risen by 28.61%.

  • As Per 2023 financial reports, 15 employees are currently employed by Sagar Suitings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sagar Suitings Private Limited has experienced an upsurge of 8.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sagar Suitings Private Limited amount to ₹ 10.84 Cr.

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