Sai Aasha IT Parks Private Limited
About Sai Aasha IT Parks Private Limited
Data last updated:
Sai Aasha IT Parks Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Wallace Flour Mills Company Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 17 December 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PTC176858.
The company had an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.18 Cr. It was led by directors including Arati Hemant Vissanji and Shalin Sunandan Divatia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 916 Raheja Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹60,199, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.81 Lakh (net margin -301.4%) and EBITDA of -₹33,088 (EBITDA margin -55%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
Company details
Contact details
Sai Aasha IT Parks Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address916 Raheja Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Sai Aasha IT Parks Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Sai Aasha IT Parks Private Limited
FY 2023 filings availableSai Aasha IT Parks Private Limited reported revenue of ₹60,199 (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 2% fall in the latest year. EBITDA fell 908% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹33,088 | ||||
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| Net Profit (PAT) | -₹1.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -55% | ||||
| Net Profit Margin | -301.4% | ||||
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To see the full financial statements and ratios of Sai Aasha IT Parks Private Limited, buy the company report.
Board of directors of Sai Aasha IT Parks Private Limited
Sai Aasha IT Parks has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arati Hemant Vissanji | Director | 18 Sep 2019 | 7 Years 1 Months | As last reported |
| Shalin Sunandan Divatia | Director | 20 Mar 2015 | 11 Years 7 Months | As last reported |
| Sudhir Mehta Jayantilal | Director | 06 Mar 2014 | 12 Years 8 Months | As last reported |
Auditor
Sai Aasha IT Parks Private Limited is audited by M.A. Parikh & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.A. Parikh & Co | FY 2017 | 107556W |
Shareholding
The shareholding of Sai Aasha IT Parks Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sai Aasha IT Parks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sai Aasha IT Parks Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sai Aasha IT Parks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sai Aasha IT Parks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sai Aasha IT Parks Private Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Arati Hemant Vissanji ceased to be Additional Director on 30 Sep 2019.
2 earlier events are in the company report.
Frequently asked questions
Sai Aasha IT Parks has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sai Aasha IT Parks was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 17 December 2007 and is registered under CIN U72900MH2007PTC176858. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sai Aasha IT Parks was incorporated on 17 December 2007. It is registered with the Registrar of Companies, Mumbai.
Sai Aasha IT Parks had 3 directors:
- Arati Hemant Vissanji - Director
- Shalin Sunandan Divatia - Director
- Sudhir Mehta Jayantilal - Director
The CIN (Corporate Identification Number) of Sai Aasha IT Parks is U72900MH2007PTC176858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sai Aasha IT Parks is at 916 Raheja Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Sai Aasha IT Parks on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Sai Aasha IT Parks operated in the real estate industry, in the real estate leasing segment.
Arati Hemant Vissanji ceased to be Additional Director on 30 Sep 2019. Arati Hemant Vissanji was appointed as Director on 18 Sep 2019. Shalin Sunandan Divatia ceased to be Additional Director on 25 Sep 2015. Sai Aasha IT Parks has 11 board changes on record in total.
The compliance status of Sai Aasha IT Parks is compliant as of 31 August 2026.
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