About Saati India Private Limited
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Saati India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Pa Fi France S.A. Luxermbourg. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 September 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24297MH2006PTC164615. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6.3 Cr and a paid-up capital of ₹6.23 Cr. It was led by directors including Shalaka Prabhu Laxmish and Flavio Ranuschio.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 301 3rd Floor Poonam Pearl Building Juhu Lane Andheri (West), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.18 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹41.96 Lakh and EBITDA of -₹41.96 Lakh.
The company was associated with 1 brand: Saati.
The last known website on record is saati.com.
Company details
Contact details
Saati India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address301 3rd Floor Poonam Pearl Building Juhu Lane Andheri (West), Mumbai, Maharashtra, India – 400058
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Saati India 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 Saati India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Saati India Private Limited, buy the company report.
Financials of Saati India Private Limited
FY 2015 filings availableSaati India Private Limited reported revenue of ₹2.18 Lakh (down 99% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹2.18 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹41.96 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹41.96 Lakh |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Saati India Private Limited, buy the company report.
Board of directors of Saati India Private Limited
Saati India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalaka Prabhu Laxmish | Director | 11 Jul 2008 | 18 Years 3 Months | As last reported |
| Boopathy Anand | Additional Director | 15 Dec 2013 | 12 Years 10 Months | As last reported |
| Flavio Ranuschio | Director | 24 Jan 2007 | 19 Years 9 Months | As last reported |
Peer comparison
Saati India Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suncity Vyapaar Private Limited | ₹2.19 Lakh (FY 2020) | -47.0% | Howrah, West Bengal, India | |||
| Unimoda Lingerie and Apparels Private Limited | ₹2.18 Lakh (FY 2018) | -12.0% | Bangalore, Karnataka, India | |||
| Saati India Private Limitedthis company | ₹2.18 Lakh (FY 2015) | -₹41.96 Lakh | -99.0% | Mumbai, Maharashtra, India | ||
| Rpa Innovative Pools & Rides Private Limited | ₹2.18 Lakh (FY 2025) | -96.0% | New Delhi, Delhi, India | |||
| Puppet Vintrade Private Limited | ₹2.17 Lakh (FY 2017) | 12.0% | Bhubaneswar, Odisha, India | |||
| Dristi Financial Consultancy Services Private Limited | ₹2.17 Lakh (FY 2017) | -56.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Saati India Private Limited, buy the company report.
Auditor
Saati India Private Limited is audited by Sudit k Parekh & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudit k Parekh & Co. | FY 2015 | 110521W |
Shareholding
The shareholding of Saati India Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Saati India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saati India 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 Saati India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saati India Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Saati India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saati India Private Limited, buy the company report.
Recent activity
Saati India Private Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Alberto Novarese ceased to be Director on 16 Jan 2017.
Frequently asked questions
Saati India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saati India was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 September 2006 and is registered under CIN U24297MH2006PTC164615. The company has been struck off by the Registrar of Companies and is no longer operational.
Saati India had 3 directors:
- Shalaka Prabhu Laxmish - Director
- Boopathy Anand - Additional Director
- Flavio Ranuschio - Director
The CIN (Corporate Identification Number) of Saati India is U24297MH2006PTC164615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Saati India is at 301 3rd Floor Poonam Pearl Building Juhu Lane Andheri West, Mumbai, Maharashtra, India – 400058.
Saati India was incorporated on 15 September 2006. It is registered with the Registrar of Companies, Mumbai.
Saati India can be reached through the website saati.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Saati India on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Saati India has 1 GST registration on record and it is cancelled or inactive.
Saati India operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of Saati India by revenue are Suncity Vyapaar Private Limited, Unimoda Lingerie and Apparels Private Limited, Rpa Innovative Pools & Rides Private Limited, Puppet Vintrade Private Limited, Dristi Financial Consultancy Services Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
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