Sainath Industrial Fuels Private Limited

Manufacturer of industrial fuels and oils, including diesel, turpentine, and aromatic solvents.

2007 | Bhavnagar, Gujarat (India) | Active
Last Updated:

Sainath Industrial Fuels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.00 Cr
  • Satisfied Charges ₹ 10.95 Cr
  • Revenue Growth -35.36%
  • Profit Growth -51.45%
  • Ebitda -40.80%
  • Net Worth 7.20%
  • Total Assets 5.02%

About Sainath Industrial Fuels

Sainath Industrial Fuels Private Limited (SIFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 2007 and has a history of 17 years and eight months. Its registered office is in Bhavnagar, Gujarat, India.

The Company is engaged in the Chemicals And Materials 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹38.00 Cr. The company has closed loans amounting to ₹10.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hasmukh Dave and Kantibhai Dave serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23300GJ2007PTC051512

  • Company No.

    051512

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Sainath Industrial Fuels Private Limited offer?

Sainath Industrial Fuels Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Industrial Oils, Organic and Inorganic Solvents, Aromatic Hydrocarbon Solvent, Dyes & Color Additives, Paint Additives, Toluene, Diesel, Light Diesel Oil.

Company report

Sainath Industrial Fuels Private Limited

Explore comprehensive data for Sainath Industrial Fuels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sainath Industrial Fuels?

Board Members (2)

NameDesignationAppointment DateStatus
Hasmukh Dave Country flag representing In Whole-Time Director 14-Aug-2007Current
Kantibhai Dave Country flag representing In Whole-Time Director 14-Aug-2007Current

Financial Performance of Sainath Industrial Fuels.

Sainath Industrial Fuels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.36% decrease. The company also saw a substantial fall in profitability, with a 51.45% decrease in profit. The company's net worth moved up by a moderate rise of 7.2%.

Sainath Industrial Fuels revenue growth over time
Sainath Industrial Fuels 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
-35.36%
Revenue from Operations
-35.40%
Total Assets
5.02%
Profit or Loss
-51.45%
Net Worth
7.20%
EBITDA
-40.80%

What is the Ownership and Shareholding Structure of Sainath Industrial Fuels?

In 2023, Sainath Industrial Fuels 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

₹38.00 Cr

Satisfied Charges

₹10.95 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 38.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2022Hdfc Bank Limited₹38.00 CrOpen
29 Mar 2011Canara Bank₹5.47 CrSatisfied
26 Mar 2011Canara Bank₹5.47 CrSatisfied

How Many Employees Work at Sainath Industrial Fuels?

Unlock and access historical data on people associated with Sainath Industrial Fuels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sainath Industrial Fuels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sainath Industrial Fuels, 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 Sainath Industrial Fuels'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 Sainath Industrial Fuels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 38.00 Cr registered on 31 May 2022 with Charge ID 100583195 was modified on 26 Jul 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Sainath Industrial Fuels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 38.00 Cr with Charge ID 100583195 was registered on 31 May 2022.

  • Charges

    A charge registered on 29 Mar 2011 via Charge ID 10285946 with Canara Bank was fully satisfied on 20 May 2022.

  • Charges

    A charge registered on 26 Mar 2011 via Charge ID 10285944 with Canara Bank was fully satisfied on 20 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Sainath Industrial Fuels Private Limited?

    Sainath Industrial Fuels Private Limited was incorporated on 14 Aug 2007.

  • What is authorized share capital and paid-up capital of Sainath Industrial Fuels Private Limited?

    The authorized share capital of Sainath Industrial Fuels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Sainath Industrial Fuels Private Limited?

    Currently 2 directors are associated with Sainath Industrial Fuels Private Limited.

    • Hasmukh Kantilal Dave
    • Kantibhai Mathurbhai Dave

  • What is the registered address of Sainath Industrial Fuels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sainath Industrial Fuels Private Limited is 310 Turning Point Waghawadi Road, India, Bhavnagar, Gujarat, 364002.

  • What is the corporate identification number (CIN) and company number of Sainath Industrial Fuels Private Limited?

    The corporate identification number (CIN) of Sainath Industrial Fuels Private Limited is U23300GJ2007PTC051512 and the company number is 051512 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sainath Industrial Fuels Private Limited?

    The Official website of Sainath Industrial Fuels Private Limited is https://www.sainathfuel.com

  • What has been the recent revenue trend for Sainath Industrial Fuels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sainath Industrial Fuels Private Limited has fallen by -35.36%.

  • What change has been observed in the net worth of Sainath Industrial Fuels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sainath Industrial Fuels Private Limited has experienced an upsurge of 7.20%.

  • What are the total open charges for Sainath Industrial Fuels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sainath Industrial Fuels Private Limited amount to ₹ 38.00 Cr.

  • When was the last Balance Sheet of Sainath Industrial Fuels Private Limited filed with the ROC?

    The most recent Balance Sheet for Sainath Industrial Fuels Private Limited was filed with the ROC on 31 Mar 2023.

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