About Saarc Masts Tech Private Limited
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Saarc Masts Tech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2011PTC057779. Its GSTIN is 29AAPCS7104K1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sudha Murugesh and Paramananha Murugesan.
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 No : 31/A 1st Floor Abbigere Main Road Kammagondanahalli, Bangalore, Karnataka, India – 560090.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.96 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹1.22 Cr (net margin -187.2%) and EBITDA of -₹1.21 Cr (EBITDA margin -186.2%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saarcmaststech.com.
Company details
CIN history
Saarc Masts Tech has one previous CIN (Corporate Identification Number): U32102KA2011PTC057779. The current CIN is U72100KA2011PTC057779, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100KA2011PTC057779 | Current |
| U32102KA2011PTC057779 | Previous |
Contact details
Saarc Masts Tech Private Limited's registered office is in Bangalore, Karnataka. Its website is saarcmaststech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo : 31/A 1st Floor Abbigere Main Road Kammagondanahalli, Bangalore, Karnataka, India – 560090
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Saarc Masts Tech 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 Saarc Masts Tech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Saarc Masts Tech Private Limited, buy the company report.
Financials of Saarc Masts Tech Private Limited
FY 2024 filings availableSaarc Masts Tech Private Limited reported revenue of ₹64.96 Lakh (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 109%. EBITDA fell 151% 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 | -₹1.21 Cr | ||||
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| Net Profit (PAT) | -₹1.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -186.2% | ||||
| Net Profit Margin | -187.2% | ||||
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To see the full financial statements and ratios of Saarc Masts Tech Private Limited, buy the company report.
Board of directors of Saarc Masts Tech Private Limited
Saarc Masts Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Murugesh Also directs: Saarc Tool Tech Private Limited | Director | 22 Mar 2011 | 15 Years 7 Months | Current |
| Paramananha Murugesan | Director | 22 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Saarc Masts Tech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hunsam Led and Solar Power Private Limited | ₹65.27 Lakh (FY 2025) | 0.0% | Mathura, Uttar Pradesh, India | |||
| Rida Industries Private Limited | ₹65.14 Lakh (FY 2025) | -13.0% | Nagpur, Maharashtra, India | |||
| Shivalik Electric Equipment Company Private Limited | ₹65.12 Lakh (FY 2025) | -34.0% | Chandigarh, India | |||
| Hindustan Transformers Private Limited | ₹65.03 Lakh (FY 2024) | 64.0% | Chandigarh, India | |||
| Kosha Dynamics Private Limited. | ₹65 Lakh (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Saarc Masts Tech Private Limitedthis company | ₹64.96 Lakh (FY 2024) | -₹1.22 Cr | -187.2% | -30.0% | 34 | Bangalore, Karnataka, India |
| Gauss Magnetics Private Limited | ₹64.94 Lakh (FY 2025) | 102.0% | Kolkata, West Bengal, India | |||
| Gatrad Aviation Technologies Private Limited | ₹64.9 Lakh (FY 2023) | 148.0% | Ahmedabad, Gujarat, India | |||
| Enzolite India Private Limited | ₹64.76 Lakh (FY 2024) | 23.0% | Nagercoil, Tamil Nadu, India | |||
| 7Rg Orbit Amusement Private Limited | ₹64.75 Lakh (FY 2024) | Delhi, India | ||||
| Steering and Versatile Engineering Solutions Private Limited | ₹64.73 Lakh (FY 2025) | -25.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Saarc Masts Tech Private Limited, buy the company report.
Auditor
Saarc Masts Tech Private Limited is audited by V.S. PATANGIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S. PATANGIA & CO | FY 2023 | 0107626W |
Shareholding
The shareholding of Saarc Masts Tech 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 Saarc Masts Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2024 | 101015895 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Saarc Masts Tech 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 Saarc Masts Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saarc Masts Tech Private Limited has a workforce of 34 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Saarc Masts Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCS7104K1ZT | Karnataka | Active | 26 Aug 2019 |
To see the full GST registrations and return filing status of Saarc Masts Tech Private Limited, buy the company report.
Recent activity
Saarc Masts Tech Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Balamurugan Durairaj ceased to be Director on 07 Dec 2021.
Frequently asked questions
Saarc Masts Tech is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 March 2011 (15+ years old) and is registered under CIN U72100KA2011PTC057779.
Saarc Masts Tech has 2 current directors:
- Sudha Murugesh - Director
- Paramananha Murugesan - Director
The latest financial statements of Saarc Masts Tech 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 Saarc Masts Tech is 29AAPCS7104K1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Saarc Masts Tech is U72100KA2011PTC057779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saarc Masts Tech was incorporated on 22 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Saarc Masts Tech by revenue are Hunsam Led and Solar Power Private Limited, Rida Industries Private Limited, Shivalik Electric Equipment Company Private Limited, Hindustan Transformers Private Limited, Kosha Dynamics Private Limited. and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Balamurugan Durairaj ceased to be Director on 07 Dec 2021. Paramananha Murugesan was appointed as Director on 22 Mar 2011. Sudha Murugesh was appointed as Director on 22 Mar 2011.
Saarc Masts Tech can be reached through the website saarcmaststech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Saarc Masts Tech is at No : 31A 1st Floor Abbigere Main Road Kammagondanahalli, Bangalore, Karnataka, India – 560090.
Saarc Masts Tech operates in the information technology industry, in the application development and software solutions segment.
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