About Saar IT Resourses Private Limited
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Saar IT Resourses Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PTC185000. Its GSTIN is 27AAMCS2276H1Z0 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.33 Lakh. It is led by directors Arun Kumar Rao and Ajay Kumar Rao.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 315 Shanti Shopping Centre Opp. Railway Station Mira Road (East), Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.84 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹82.44 Lakh (net margin 3.6%) and EBITDA of ₹1.88 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
The company has about 129 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SAAR IT Resources. As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹3 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saarit.in.
Company details
Contact details
Saar IT Resourses Private Limited's registered office is in Thane, Maharashtra. Its website is saarit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 315 Shanti Shopping Centre Opp. Railway Station Mira Road (East), Thane, Maharashtra, India – 401107
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Saar IT Resourses 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
Brands
Saar IT Resourses operates one associated brand: SAAR IT Resources. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A leading IT service provider based in Mumbai, India. | saarit.in |
Business activity
The main business activity of Saar IT Resourses is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Saar IT Resourses Private Limited, buy the company report.
Financials of Saar IT Resourses Private Limited
FY 2024 filings availableSaar IT Resourses Private Limited reported revenue of ₹22.84 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 4% growth in the latest year. EBITDA rose 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.88 Cr | ||||
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| Net Profit (PAT) | ₹82.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Saar IT Resourses Private Limited, buy the company report.
Board of directors of Saar IT Resourses Private Limited
Saar IT Resourses has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Rao | Director | 08 Oct 2008 | 18 Years 0 Months | Current |
| Ajay Kumar Rao | Director | 08 Oct 2008 | 18 Years 0 Months | Current |
Auditor
Saar IT Resourses Private Limited is audited by VIMAL P MANEK for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIMAL P MANEK | FY 2022 | 14623 |
Shareholding
The shareholding of Saar IT Resourses Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saar IT Resourses Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2021 | 100466379 | Canara Bank | ₹30 Lakh | Open | |
| 12 Mar 2020 | 100335251 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Saar IT Resourses Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Saar IT Resourses Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed against the company by Ingram Micro India Pvt Ltd Through Mr Manohar Sundaram | Disposed |
To see the full case history of Saar IT Resourses 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
Saar IT Resourses Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rac Infra Rental LLP |
To see the full MSME payment records of Saar IT Resourses Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Saar IT Resourses Private Limited has a workforce of 129 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Saar IT Resourses has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS2276H1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saar IT Resourses Private Limited, buy the company report.
Recent activity
Saar IT Resourses Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Ajayraja Suyambu Nadar ceased to be Director on 13 Feb 2019.
Frequently asked questions
Saar IT Resourses is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 July 2008 (18+ years old) and is registered under CIN U72200MH2008PTC185000.
Saar IT Resourses has 2 current directors:
- Arun Kumar Rao - Director
- Ajay Kumar Rao - Director
The latest financial statements of Saar IT Resourses on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saar IT Resourses is 27AAMCS2276H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saar IT Resourses is U72200MH2008PTC185000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saar IT Resourses has 1 court case on record: 1 filed against it.
Saar IT Resourses was incorporated on 23 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Ajayraja Suyambu Nadar ceased to be Director on 13 Feb 2019. Sanjay Uttamrao Deshmukh ceased to be Director on 28 Oct 2014. Prashant Bhaskarrao Allyadwar ceased to be Director on 05 Feb 2009. Saar IT Resourses has 6 board changes on record in total.
Saar IT Resourses has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Saar IT Resourses can be reached through the website saarit.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Saar IT Resourses is at D – 315 Shanti Shopping Centre Opp. Railway Station Mira Road East, Thane, Maharashtra, India – 401107.