Sagas Auto Tec Private Limited

Manufactures and supplies LPG & CNG conversion kits for three-wheelers and two-wheelers.

2001 | Mysore, Karnataka (India) | Active
Last Updated: November 16, 2024

Sagas Auto Tec Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.52 Cr
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.24 Cr
  • Revenue Growth -84.40%
  • Profit Growth -2437.44%
  • Ebitda -1136.08%
  • Net Worth -21.67%
  • Total Assets -10.93%

About Sagas Auto Tec

Sagas Auto Tec Private Limited (SATPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 March 2001 and has a history of 23 years and 11 months. Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Automotive 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 15.00 Cr and a paid-up capital of Rs 10.52 Cr.

The company currently has active open charges totaling ₹9.24 Cr.

Shamanur Parthanath, Shyamanur Sumanth, and Shyamanur Sandeep serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sagas.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300KA2001PTC028795

  • Company No.

    028795

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Sagas Auto Tec?

Executive Team (1)

NameDesignationAppointment DateStatus
Shyamanur Sandeep Country flag representing In Managing Director22-Mar-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Shamanur Parthanath Country flag representing In Director 22-Mar-2001Current
Shyamanur Sumanth Country flag representing In Director 22-Mar-2001Current

Financial Performance of Sagas Auto Tec.

Sagas Auto Tec Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 84.4% decrease. The company also saw a substantial fall in profitability, with a 2437.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.67%.

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
-84.40%
Revenue from Operations
-86.14%
Total Assets
-10.93%
Profit or Loss
-2437.44%
Net Worth
-21.67%
EBITDA
-1136.08%

What is the Ownership and Shareholding Structure of Sagas Auto Tec?

In 2023, Sagas Auto Tec 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

₹9.24 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.24 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2023Others₹9.24 CrOpen

How Many Employees Work at Sagas Auto Tec?

Sagas Auto Tec has a workforce of 6 employees as of Apr 04, 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 Sagas Auto Tec, 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 Sagas Auto Tec'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 Sagas Auto Tec

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 9.24 Cr registered on 10 Aug 2023 with Charge ID 100791897 was modified on 18 Sep 2024.

    18 Sep 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 9.24 Cr with Charge ID 100791897 was registered on 10 Aug 2023.

    10 Aug 2023

  • Balance Sheet

    Sagas Auto Tec Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Shamanur Nagarajashetty Parthanath was appointed as a Director was appointed as a Director on 22 Mar 2001 & has been associated with this company since 23 years 11 months .

    22 Mar 2001

  • Director Appointment

    Shyamanur Parthanath Sumanth was appointed as a Director was appointed as a Director on 22 Mar 2001 & has been associated with this company since 23 years 11 months .

    22 Mar 2001

Frequently asked questions

  • Sagas Auto Tec Private Limited was incorporated on 22 Mar 2001.

  • The authorized share capital of Sagas Auto Tec Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.52 Cr.

  • Currently 3 directors are associated with Sagas Auto Tec Private Limited.

    • Shamanur Nagarajashetty Parthanath
    • Shyamanur Parthanath Sumanth
    • Shyamanur Parthanath Sandeep
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sagas Auto Tec Private Limited is 230 Sharada Complex1St Main Gokulam, 2Nd Stage India, Mysore, Karnataka, 570002.

  • The corporate identification number (CIN) of Sagas Auto Tec Private Limited is U34300KA2001PTC028795 and the company number is 028795 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sagas Auto Tec Private Limited is https://www.sagas.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sagas Auto Tec Private Limited has fallen by -84.40%.

  • As Per 2023 financial reports, 6 employees are currently employed by Sagas Auto Tec Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sagas Auto Tec Private Limited has experienced an downturn of -21.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sagas Auto Tec Private Limited amount to ₹ 9.24 Cr.

  • The most recent Balance Sheet for Sagas Auto Tec Private Limited was filed with the ROC on 31 Mar 2023.

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