MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0045281
Saravi Industries Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹37.27 Cr
▲ 59% YoY
Net profit · FY 2023
₹47.88 Lakh
Net margin 1.3%
EBITDA · FY 2023
₹3.83 Cr
EBITDA margin 10.3%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Open charges
₹17.68 Cr
Satisfied ₹14.97 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
1,000
Provident fund records
About Saravi Industries Private Limited
Data last updated:
Saravi Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17309KA2017PTC108572.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Vinay Kumar Kumathi Ravindra and Dakoju Bharat Kashyap.
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 is at No 21/3 Groud Floor R Layout J B Post Nagadevanahalli, Bangalore, Karnataka, India – 560056.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.27 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹47.88 Lakh (net margin 1.3%) and EBITDA of ₹3.83 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company has about 1,000 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.68 Cr and satisfied charges of ₹14.97 Cr on record. Court records list 39 cases involving the company, including 1 filed by the company and 38 filed against it; 27 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.68 Cr; the latest was in March 2022.
Saravi Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0045281). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saraviindustries.com.
Company details
CIN U17309KA2017PTC108572
Registration Number 108572
Incorporation Date 11 December 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0045281
Recognitions & Rankings of Saravi Industries
Contact details
Saravi Industries Private Limited's registered office is in Bangalore, Karnataka. Its website is saraviindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 21/3 Groud Floor R Layout J B Post Nagadevanahalli, Bangalore, Karnataka, India – 560056
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Saravi Industries Private Limited, buy the company report.
Comprehensive company report
Saravi Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Saravi Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Saravi Industries Private Limited, buy the company report.
Financials of Saravi Industries Private Limited
FY 2023 filings availableSaravi Industries Private Limited reported revenue of ₹37.27 Cr (up 59% YoY) for FY 2023.
Revenue · FY 2023
₹37.27 Cr ▲ 59%
Net profit · FY 2023
₹47.88 Lakh margin 1.3%
EBITDA · FY 2023
₹3.83 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 54%
EBITDA CAGR growth
3 years · compounded
▲ 44%
5 years · compounded
▲ 270%
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 59% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹37.27 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Saravi Industries Private Limited, buy the company report.
Board of directors of Saravi Industries Private Limited
Saravi Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kumar Kumathi Ravindra Also directs: Saravi Technlogies Private Limited | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Dakoju Bharat Kashyap | Director | 31 Oct 2022 | 3 Years 11 Months | Current |
Auditor
Saravi Industries Private Limited is audited by B N KARTHIK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N KARTHIK & ASSOCIATES | FY 2023 | 023608S |
Shareholding
The shareholding of Saravi Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saravi Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.68 Cr
Satisfied charges
₹14.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2023 | 100718906 | Others | ₹17.5 Cr | Open | |
| 30 Jul 2022 | 100625773 | Others | ₹18.49 Lakh | Open | |
| 27 Jul 2018 | 100200578 | Canara Bank | ₹14.97 Cr | Satisfied |
To see the full charge records of Saravi Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Saravi Industries Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.68 Cr; the latest was in March 2022.
Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹1.68 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹75 Lakh | Investors: an individual |
| Mar 2020 | Rights issue | ₹1.07 Cr | Investors: 2 individuals |
| Jan 2020 | Funding round | ₹92.5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saravi Industries Private Limited has 39 court cases on record: 1 filed by Saravi Industries, 38 filed against it. 27 cases are pending and 12 are disposed.
Total cases
39
Filed by the company
1
Filed against the company
38
Pending
27
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 37 | 26 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed against the company by Om Logistics Limited | Pending |
| High Court of Karnataka | Arbitration matter | Filed by the company against Korrun India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Korrun India Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Supra Consultancy Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd | Pending |
To see the full case history of Saravi Industries 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 Saravi Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saravi Industries Private Limited has a workforce of 1,000 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
1,000
Active EPFO establishments
1
Employee growth
17.51%
GST
No GST registration is on our record for Saravi Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saravi Industries Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Dakoju Bharat Kashyap ceased to be Additional Director on 29 Sep 2023.
Charges
A charge registered on 27 Jul 2018 via Charge ID 100200578 with Canara Bank was fully satisfied on 05 Jun 2024.
AGM
Saravi Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Dakoju Bharat Kashyap ceased to be Additional Director.
Ceased
Jayaprakash Sindhu ceased to be Additional Director.
Ceased
Kumathi Matada Ravindra ceased to be Director.
Charges
A charge with Others of Rs. 17.50 Cr registered on 27 Mar 2023 with Charge ID 100718906 was modified on 06 Jun 2023.
Filing
Saravi Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 17.50 Cr with Charge ID 100718906 was registered on 27 Mar 2023.
Appointed
Dakoju Bharat Kashyap was appointed as Director.
Charges
A charge with Canara Bank of Rs. 14.97 Cr registered on 27 Jul 2018 with Charge ID 100200578 was modified on 23 Sep 2022.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100625773 was registered on 30 Jul 2022.
Charges
A charge with Canara Bank amounted to Rs. 14.97 Cr with Charge ID 100200578 was registered on 27 Jul 2018.
2 earlier events are in the company report.
Frequently asked questions
Saravi Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 December 2017 (9+ years old) and is registered under CIN U17309KA2017PTC108572.
Saravi Industries has 2 current directors:
- Vinay Kumar Kumathi Ravindra - Director
- Dakoju Bharat Kashyap - Director
The latest financial statements of Saravi Industries 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Saravi Industries is U17309KA2017PTC108572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saravi Industries has 39 court cases on record: 1 filed by the company and 38 filed against it. 27 are pending. Most are in the district courts.
Saravi Industries was incorporated on 11 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Saravi Industries has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.68 Cr; the latest was in March 2022.
Dakoju Bharat Kashyap ceased to be Additional Director on 29 Sep 2023. Jayaprakash Sindhu ceased to be Additional Director on 29 Sep 2023. Kumathi Matada Ravindra ceased to be Director on 01 Sep 2023. Saravi Industries has 5 board changes on record in total.
Yes, Saravi Industries is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0045281).
Saravi Industries can be reached through the website saraviindustries.com. Its registered office is in Bangalore, Karnataka, India.