About Sare Facility (Gurgaon) Services Private Limited
Data last updated:
Sare Facility (Gurgaon) Services Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the facility management segment of the business services sector. It was incorporated on 15 September 2010.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93030DL2010PTC208273. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Akar Infracon Private Limited and Dih Advisory Services Private Limited. It is led by directors including Satish Kumar Sahijpal and Tej Narain Singh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 6 383 C Bank Street Munirka, New Delhi, Delhi, India – 110067.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.04 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.3 Cr (net margin -42.9%) and EBITDA of -₹1.88 Cr (EBITDA margin -62%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The last known website on record is saregroup.com.
Company details
Name history
Sare Facility (Gurgaon) Services has undergone 2 name changes throughout its history. The company was previously known as Akar Infracon Private Limited, and Dih Advisory Services Private Limited. The current legal name is Sare Facility (Gurgaon) Services Private Limited.
| Company Name | Status |
|---|---|
| Sare Facility (Gurgaon) Services Private Limited | Current |
| Akar Infracon Private Limited | Previous |
| Dih Advisory Services Private Limited | Previous |
CIN history
Sare Facility (Gurgaon) Services has one previous CIN (Corporate Identification Number): U70200DL2010PTC208273. The current CIN is U93030DL2010PTC208273, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93030DL2010PTC208273 | Current |
| U70200DL2010PTC208273 | Previous |
Contact details
Sare Facility (Gurgaon) Services Private Limited's registered office is in New Delhi, Delhi. Its website is saregroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 383 C Bank Street Munirka, New Delhi, Delhi, India – 110067
- IndustryBusiness Services, Facility Management
To see the full contact details of Sare Facility (Gurgaon) Services 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
Business activity
The main business activity of Sare Facility (Gurgaon) Services is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Sare Facility (Gurgaon) Services Private Limited, buy the company report.
Financials of Sare Facility (Gurgaon) Services Private Limited
FY 2018 filings availableSare Facility (Gurgaon) Services Private Limited reported revenue of ₹3.04 Cr (down 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 49% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.04 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.88 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.3 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -62% | |||
| Net Profit Margin | -42.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Sare Facility (Gurgaon) Services Private Limited, buy the company report.
Board of directors of Sare Facility (Gurgaon) Services Private Limited
Sare Facility (Gurgaon) Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Sahijpal | Director | 05 May 2014 | 12 Years 6 Months | As last reported |
| Tej Narain Singh | Director | 05 May 2014 | 12 Years 6 Months | As last reported |
| Mohit Chawla Also directs: Relia Management Services LLP, Vavk Management LLP | Director | 15 Sep 2010 | 16 Years 1 Months | As last reported |
Auditor
Sare Facility (Gurgaon) Services Private Limited is audited by A L P S & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A L P S & ASSOCIATES | FY 2018 | 011298N |
Shareholding
The shareholding of Sare Facility (Gurgaon) Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sare Facility (Gurgaon) Services Private Limited, buy the company report.
Legal cases
Sare Facility (Gurgaon) Services Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by M/S Fdra Water Solution | Disposed |
To see the full case history of Sare Facility (Gurgaon) Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sare Facility (Gurgaon) Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sare Facility (Gurgaon) Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sare Facility (Gurgaon) Services Private Limited, buy the company report.
Recent activity
Sare Facility (Gurgaon) Services Private Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Tej Narain Singh ceased to be Director on 21 Dec 2018.
News
Frequently asked questions
Sare Facility (Gurgaon) Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sare Facility (Gurgaon) Services is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in facility management, within the business services industry. It was incorporated on 15 September 2010 and is registered under CIN U93030DL2010PTC208273. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sare Facility (Gurgaon) Services has 3 current directors:
- Satish Kumar Sahijpal - Director
- Tej Narain Singh - Director
- Mohit Chawla - Director
The latest financial statements of Sare Facility (Gurgaon) Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sare Facility (Gurgaon) Services is U93030DL2010PTC208273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sare Facility (Gurgaon) Services has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the nclat.
Sare Facility (Gurgaon) Services was incorporated on 15 September 2010. It is registered with the Registrar of Companies, Delhi.
Tej Narain Singh ceased to be Director on 21 Dec 2018. Mohit Chawla ceased to be Director on 17 Dec 2018. Satish Kumar Sahijpal ceased to be Director on 31 Jul 2018. Sare Facility (Gurgaon) Services has 9 board changes on record in total.
Sare Facility (Gurgaon) Services can be reached through the website saregroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Sare Facility (Gurgaon) Services is at 6 383 C Bank Street Munirka, New Delhi, Delhi, India – 110067.
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