Sayaji Industries Limited

Manufacturer and seller of starch and its derivatives for various industries, with ISO certification.

1941 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Sayaji Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.16 Cr
  • Company Age 84 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 326.73 Cr
  • Satisfied Charges ₹ 172.47 Cr
  • Revenue Growth 6.08%
  • Profit Growth 364.15%
  • Ebitda 8.41%
  • Net Worth 41.47%
  • Total Assets 27.64%

About Sayaji Industries

Sayaji Industries Limited (SIL) was founded in India on 30 January 1941 and has a glorious history of 84 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540728.

The Corporate was formerly known as Maize Products Limited. The Company is engaged in the Food And Beverages 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 Cr and a paid-up capital of Rs 3.16 Cr.

The company currently has active open charges totaling ₹326.73 Cr. The company has closed loans amounting to ₹172.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sayaji Industries Limited India are Priyambhai Mehta as Ceo, Varun Mehta as Ceo, Vishal Mehta as Ceo, and One other members. Priyambhai Mehta, Sujata Mehta, Bharat Mandalia, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999GJ1941PLC000471

  • Company No.

    000471

  • Stock Symbol

    BSE : 540728

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1941

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages
Company report

Sayaji Industries Limited

Explore comprehensive data for Sayaji Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sayaji Industries?

Executive Team (4)

NameDesignationAppointment DateStatus
Priyambhai Mehta Country flag representing In Managing Director18-Nov-1982Current
Varun Mehta CEO17-Jun-2023Current
Vishal Mehta CEO17-Jun-2023Current
Manan Shah Country flag representing In CFO06-Apr-2019Current

Board Members (9)

NameDesignationAppointment DateStatus
Jaysheel Hazarat Country flag representing In Director 03-Nov-2018Current
Birad Yajnik Country flag representing In Director 26-May-2022Current
Sujata Mehta Country flag representing In Director 14-Nov-2013Current
Bharat Mandalia Country flag representing In Director 01-Apr-2024Current
Varun Mehta Country flag representing Us Whole-Time Director 18-Oct-2006Current
Chiranjiv Patel Country flag representing In Director 10-Nov-2022Current

Financial Performance of Sayaji Industries.

Sayaji Industries Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 6.08% increase. The company also saw a substantial improvement in profitability, with a 364.15% increase in profit. The company's net worth Soared by an impressive increase of 41.47%.

Sayaji Industries revenue growth over time
Sayaji Industries 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
6.08%
Revenue from Operations
5.85%
Total Assets
27.64%
Profit or Loss
364.15%
Net Worth
41.47%
EBITDA
8.41%

What is the Ownership and Shareholding Structure of Sayaji Industries?

In 2024, Sayaji Industries had a promoter holding of 74.97% and a public holding of 25.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹326.73 Cr

Satisfied Charges

₹172.47 Cr

Charges Breakdown by Lending Institutions

  • Others : 325.71 Cr
  • Hdfc Bank Limited : 1.03 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024Others₹7.48 MOpen
26 Feb 2024Others₹5.00 MOpen
29 Nov 2023Others₹4.47 MOpen
16 Nov 2022Hdfc Bank Limited₹3.55 MOpen
07 Nov 2022Hdfc Bank Limited₹2.00 MOpen

How Many Employees Work at Sayaji Industries?

Sayaji Industries has a workforce of 664 employees as of Jan 22, 2025. 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.

Employee growth trends for Sayaji Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sayaji Industries, 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 Sayaji Industries'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 Sayaji Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 173.93 Cr registered on 10 Oct 2018 with Charge ID 100220540 was modified on 01 Jan 2025.

  • Annual General Meeting

    Sayaji Industries Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

  • Director Appointment

    Bharat Pranjivandas Mandalia was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 12 days .

  • Director Appointment

    Mrunal Upendra Gandhi was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 12 days .

  • Balance Sheet

    Sayaji Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 150.08 Cr registered on 28 Nov 2018 with Charge ID 100223568 was modified on 28 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Sayaji Industries Limited?

    Sayaji Industries Limited was incorporated on 30 Jan 1941.

  • What is authorized share capital and paid-up capital of Sayaji Industries Limited?

    The authorized share capital of Sayaji Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.16 Cr.

  • Who are the current board members & directors of Sayaji Industries Limited?

    Currently 14 directors are associated with Sayaji Industries Limited.

    • Priyambhai Bipinbhai Mehta
    • Sujata Priyambhai Mehta
    • Bharat Pranjivandas Mandalia
    • Varun Priyam Mehta
    • Chiranjiv Chiragbhai Patel
    • Mrunal Upendra Gandhi
    • Vishal Priyam Mehta
    • Birad Yajnik
    • Jaysheel Paranjay Hazarat
    • Amit Nareshchandra Shah
    • Priyambhai Bipinbhai Mehta
    • Varun Priyam Mehta
    • Vishal Priyam Mehta
    • Manan Rajesh Shah

  • What is the registered address of Sayaji Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sayaji Industries Limited is P.O Kathwada Maize Products India, Ahmedabad, Gujarat, 382430.

  • What is the corporate identification number (CIN) and company number of Sayaji Industries Limited?

    The corporate identification number (CIN) of Sayaji Industries Limited is L99999GJ1941PLC000471 and the company number is 000471 as per Ministry of Corporate Affairs (MCA).

  • Is Sayaji Industries Limited registered with any stock exchange in India?

    Yes, Sayaji Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Sayaji Industries Limited?

    The Official website of Sayaji Industries Limited is https://www.maizeproducts.com

  • What has been the recent revenue trend for Sayaji Industries Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Sayaji Industries Limited has risen by 6.08%.

  • How many employees does Sayaji Industries Limited currently have?

    As Per 2019 financial reports, 664 employees are currently employed by Sayaji Industries Limited.

  • What change has been observed in the net worth of Sayaji Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Sayaji Industries Limited has experienced an upsurge of 41.47%.

  • What are the total open charges for Sayaji Industries Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Sayaji Industries Limited amount to ₹ 326.73 Cr.

  • When was the last Balance Sheet of Sayaji Industries Limited filed with the ROC?

    The most recent Balance Sheet for Sayaji Industries Limited was filed with the ROC on 31 Mar 2024.

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