Saggi Knits Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 08-12-2024
- Paid Up Capital ₹ 5.00 M
as on 08-12-2024
- Company Age 14 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.80 Cr
as on 08-12-2024
- Satisfied Charges ₹ 13.78 Cr
as on 08-12-2024
- Revenue -17.00%
(FY 2021)
- Profit 2.32%
(FY 2021)
- Ebitda -16.22%
(FY 2021)
- Net Worth 9.03%
(FY 2021)
- Total Assets -6.14%
(FY 2021)
About Saggi Knits
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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹6.80 Cr. The company has closed loans amounting to ₹13.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashish Kumar, Vikas Kharbanda, Manoj Kumar, and One other member serve as directors at the Company.
- CIN/LLPIN
U18109PB2010PTC034011
- Company No.
034011
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jun 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Saggi Knits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Kumar  | Managing Director | 16-Jun-2010 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikas Kharbanda | Director | 16-Jun-2010 | Current |
| Manoj Kumar | Director | 16-Jun-2010 | Current |
| Jatinder Kumar | Director | 16-Jun-2010 | Current |
Financial Performance of Saggi Knits.
Saggi Knits Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 17% decrease. The company also saw a slight improvement in profitability, with a 2.32% increase in profit. The company's net worth moved up by a moderate rise of 9.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Saggi Knits?
In 2021, Saggi Knits 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)
Smag Retails Private LimitedActive 16 years 9 monthsAshish Kumar and Vikas Kharbanda are mutual person
Charges (Loans)
₹67.99 M
₹137.84 M
Charges Breakdown by Lending Institutions
- Others : 5.50 Cr
- Hdfc Bank Limited : 1.05 Cr
- Axis Bank Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2023 | Hdfc Bank Limited | ₹9.00 M | Open |
| 30 Oct 2020 | Hdfc Bank Limited | ₹1.50 M | Open |
| 01 Jun 2019 | Axis Bank Limited | ₹2.49 M | Open |
| 17 Dec 2016 | Others | ₹5.50 Cr | Open |
| 16 Feb 2012 | Indusind Bank Ltd. | ₹8.55 Cr | Satisfied |
How Many Employees Work at Saggi Knits?
Saggi Knits has a workforce of 17 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saggi Knits, 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 Saggi Knits'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.