Sai Akshar Graphics Private Limited
About Sai Akshar Graphics Private Limited
Data last updated:
Sai Akshar Graphics Private Limited is a private limited company based in Mumabi, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 24 February 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2006PTC159998. Its GSTIN is 27AAJCS7068Q2ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors Jagdish Padmanabh Shetty (Managing Director) and Sachin Kondiba Shivekar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 220 Hiranandi Ind Estated Oppkanjur Marg Railway Station Kanjur Mart, Mumabi, Maharashtra, India – 400078.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.06 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹1.22 Cr and EBITDA of ₹14.52 Lakh (EBITDA margin 76.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹16.57 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 5 cases are pending.
Company details
Contact details
Sai Akshar Graphics Private Limited's registered office is in Mumabi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address220 Hiranandi Ind Estated Oppkanjur Marg Railway Station Kanjur Mart, Mumabi, Maharashtra, India – 400078
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Sai Akshar Graphics 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 Sai Akshar Graphics is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Sai Akshar Graphics Private Limited, buy the company report.
Financials of Sai Akshar Graphics Private Limited
FY 2021 filings availableSai Akshar Graphics Private Limited reported revenue of ₹19.06 Lakh (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 88% fall in the latest year. EBITDA fell 90% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹14.52 Lakh | ||||
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| Net Profit (PAT) | -₹1.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 76.1% | ||||
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To see the full financial statements and ratios of Sai Akshar Graphics Private Limited, buy the company report.
Board of directors of Sai Akshar Graphics Private Limited
Sai Akshar Graphics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Kondiba Shivekar | Director | 04 Jul 2017 | 9 Years 3 Months | As last reported |
| Jagdish Padmanabh Shetty | Managing Director | 24 Feb 2006 | 20 Years 8 Months | As last reported |
Auditor
Sai Akshar Graphics Private Limited is audited by SANDEEP SAWANT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP SAWANT & CO | FY 2019 | 129933W |
Shareholding
The shareholding of Sai Akshar Graphics Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sai Akshar Graphics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2016 | 100022242 | Others | ₹70 Lakh | Open | |
| 10 Feb 2015 | 10550693 | Others | ₹5 Cr | Open | |
| 07 Jul 2014 | 10508521 | Others | ₹85 Lakh | Open | |
| 02 Aug 2011 | 10306960 | Others | ₹15.85 Lakh | Open | |
| 28 Mar 2008 | 10096891 | Others | ₹1.7 Cr | Open |
To see the full charge records of Sai Akshar Graphics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sai Akshar Graphics Private Limited has 13 court cases on record: 13 filed against it. 5 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 5 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Sandaw Prints Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S. Sia Polyfilms LLP | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Asrec India Ltd Through N. Manunath | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Sandaw Prints Pvt. Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
To see the full case history of Sai Akshar Graphics 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 Sai Akshar Graphics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Akshar Graphics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS7068Q2ZB | Maharashtra | Active | 16 Apr 2021 |
To see the full GST registrations and return filing status of Sai Akshar Graphics Private Limited, buy the company report.
Recent activity
Sai Akshar Graphics Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: Shiraj Abdul Hakim Shaikh ceased to be Director on 27 Jan 2020.
12 earlier events are in the company report.
Frequently asked questions
Sai Akshar Graphics is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sai Akshar Graphics is a company under insolvency, formerly operating as a private limited company based in Mumabi, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 24 February 2006 and is registered under CIN U72200MH2006PTC159998. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sai Akshar Graphics has 2 current directors:
- Jagdish Padmanabh Shetty - Managing Director
- Sachin Kondiba Shivekar - Director
The latest financial statements of Sai Akshar Graphics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sai Akshar Graphics is U72200MH2006PTC159998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Akshar Graphics has open charges of ₹16.57 Cr and no satisfied charges on record as per latest MCA filings.
Sai Akshar Graphics has 13 court cases on record: 13 filed against it. 5 are pending.
Sai Akshar Graphics was incorporated on 24 February 2006. It is registered with the Registrar of Companies, Mumbai.
Shiraj Abdul Hakim Shaikh ceased to be Director on 27 Jan 2020. Arvind Kumar Dudhnath Mishra ceased to be Director on 01 Jun 2019. Sachin Kondiba Shivekar was appointed as Director on 04 Jul 2017. Sai Akshar Graphics has 7 board changes on record in total.
The registered office of Sai Akshar Graphics is at 220 Hiranandi Ind Estated Oppkanjur Marg Railway Station Kanjur Mart, Mumabi, Maharashtra, India – 400078.