- Category
- Medium (2020-21)
- Udyam number
- UDYAM-TS-06-0000123

About Sagar Asia Private Limited
Data last updated:
Sagar Asia Private Limited is a foreign private limited company based in Medak, Telangana, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29268TG2007FTC064837. Its GSTIN is 36AAACZ2890G1Z4 (Telangana). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹27.93 Cr. It was formerly known as Zarges Tubesca Aluminium Systems Private Limited and Zarges Tubesca India Private Limited. It is led by directors including Veesamsetty Vidyasagar (Managing Director) and Veesamsetty Jayasri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey Nos. 379 To 382 Kallakal, Medak, Telangana, India – 502336.
As per the financials filed for FY 2025, the company reported a revenue of ₹257.07 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹9.99 Cr (net margin 3.9%) and EBITDA of ₹37.95 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 24% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Sagar Asia Private Limited and Sagar Asia. As per MCA filings, the company has open charges of ₹217.51 Cr and satisfied charges of ₹40.84 Cr on record. Court records list 34 cases involving the company, including 14 filed by the company and 20 filed against it; 13 cases are pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹60.83 Cr; the latest was in October 2024.
Sagar Asia Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-06-0000123). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sagarasia.com.
Company details
Name history
Sagar Asia has undergone 2 name changes throughout its history. The company was previously known as Zarges Tubesca Aluminium Systems Private Limited, and Zarges Tubesca India Private Limited. The current legal name is Sagar Asia Private Limited.
| Company Name | Status |
|---|---|
| Sagar Asia Private Limited | Current |
| Zarges Tubesca Aluminium Systems Private Limited | Previous |
| Zarges Tubesca India Private Limited | Previous |
CIN history
Sagar Asia has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29268TG2007FTC064837, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29268TG2007FTC064837 | Current |
| U29268AP2007FTC064837 | Previous |
| U29268TN2007FTC063380 | Previous |
Recognitions & Rankings of Sagar Asia
Contact details
Sagar Asia Private Limited's registered office is in Medak, Telangana. Its website is sagarasia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey Nos. 379 To 382 Kallakal, Medak, Telangana, India – 502336
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Sagar Asia 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
Sagar Asia operates two associated brands: Sagar Asia Private Limited and Sagar Asia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aluminium ladders are manufactured and supplied by Sagar Asia. | sagarasia.com | |
| Potato farming, grain marketing, and equipment services in Asia. | libertiladders.com |
Business activity
The main business activities of Sagar Asia are manufacturing and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Sagar Asia Private Limited, buy the company report.
Financials of Sagar Asia Private Limited
FY 2025 filings availableSagar Asia Private Limited reported revenue of ₹257.07 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 16% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹37.95 Cr | ||||
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| Net Profit (PAT) | ₹9.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Sagar Asia Private Limited, buy the company report.
Board of directors of Sagar Asia Private Limited
Sagar Asia has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veesamsetty Jayasri | Director | 25 Nov 2009 | 16 Years 11 Months | Current |
| Deepak Satish Agrawal Also directs: Credilio Financial Technologies Private Limited | Additional Director | 08 Nov 2024 | 1 Years 11 Months | Current |
| Veesamsetty Vidyasagar | Managing Director | 07 May 2007 | 19 Years 6 Months | Current |
Auditor
Sagar Asia Private Limited is audited by Lalith Prasad and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lalith Prasad and Co | FY 2023 | 008089S |
Shareholding
The shareholding of Sagar Asia Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sagar Asia Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2025 | 101122163 | Others | ₹30 Cr | Open | |
| 23 Dec 2024 | 101054785 | Others | ₹40 Cr | Open | |
| 29 Aug 2024 | 100976542 | Others | ₹9.9 Cr | Open | |
| 29 Apr 2024 | 100928378 | Others | ₹1.8 Cr | Open | |
| 31 Jan 2024 | 100884892 | Others | ₹1.13 Cr | Open |
To see the full charge records of Sagar Asia Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Sagar Asia Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹60.83 Cr; the latest was in October 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Funding round | ₹51.14 Cr | Investors: Strategic Sixth Sense Capital Fund, Rajasthan Global Securities Private Limited , Multiplier Share and Stock Advisors Private Limited , an individual |
| Apr 2020 | Rights issue | ₹13.1 Cr | Investors: an individual |
| Feb 2017 | Funding round | ₹2 Cr | Investors: an individual |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: ZT Management Holding Gmbh |
| Jul 2007 | Funding round | ₹7.69 Cr | Investors: ZT Management Holding Gmbh, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sagar Asia Private Limited has 34 court cases on record: 14 filed by Sagar Asia, 20 filed against it. 13 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 17 | 6 |
| High courts | 10 | 1 | 5 |
| NCLT | 4 | 2 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (CCMA) | Filed by the company against Sagar Asia Global LLP and 1 other | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Sagar Asia Global LLP and 1 other | Disposed |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by Schenker India Pvt Ltd Rep by R.Devi Kumar | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Movers International Pvt. Ltd. | Disposed |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by Eximcorp India Private Limited | Disposed |
To see the full case history of Sagar Asia 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.
Credit ratings & regulatory alerts
Sagar Asia Private Limited was last rated by Crisil on 06 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Mar 2020 |
To see the full credit ratings and regulatory alerts of Sagar Asia Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sagar Asia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sagar Asia Private Limited has a workforce of 103 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sagar Asia has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACZ2890G1Z4 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sagar Asia Private Limited, buy the company report.
Recent activity
Sagar Asia Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Deepak Satish Agrawal was appointed as Additional Director on 08 Nov 2024.
48 earlier events are in the company report.
Frequently asked questions
Sagar Asia is an active foreign private limited company based in Medak, Telangana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 May 2007 (19+ years old) and is registered under CIN U29268TG2007FTC064837.
Sagar Asia has 3 current directors:
- Veesamsetty Vidyasagar - Managing Director
- Veesamsetty Jayasri - Director
- Deepak Satish Agrawal - Additional Director
The latest financial statements of Sagar Asia on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sagar Asia is 36AAACZ2890G1Z4, registered in Telangana. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sagar Asia is U29268TG2007FTC064837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Asia has 34 court cases on record: 14 filed by the company and 20 filed against it. 13 are pending. Most are in the district courts.
Sagar Asia was incorporated on 07 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sagar Asia has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹60.83 Cr; the latest was in October 2024.
Deepak Satish Agrawal was appointed as Additional Director on 08 Nov 2024. Hanumantha Reddy Veera Bhanuri ceased to be Director on 07 Oct 2020. Agastya Veesamsetty Sagar ceased to be Director on 31 Dec 2013. Sagar Asia has 11 board changes on record in total.
Yes, Sagar Asia is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-06-0000123).

