About Sagar Automobiles Pvt Ltd
Data last updated:
Sagar Automobiles Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 06 July 1995.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50103MP1995PTC009670. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3.15 Cr and a paid-up capital of ₹2.37 Cr. It is led by directors including Yahaya Khan (Whole-Time Director) and Ghulam Gaus Khan Shirani.
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 is at 8/13 Babji Nagar A.B.Road Niranjanpur Dewas Naka, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2015, the company reported a revenue of ₹240.92 Cr. For the same year it recorded a net profit of ₹1.24 Cr (net margin 0.5%) and EBITDA of ₹11.61 Cr (EBITDA margin 4.8%).
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Sagar Automobiles. As per MCA filings, the company has open charges of ₹35.72 Cr and satisfied charges of ₹178.15 Cr on record. Court records list 33 cases involving the company, including 7 filed by the company and 26 filed against it; 10 cases are pending.
The last known website on record is sagarautomobiles.in.
Company details
Contact details
Sagar Automobiles Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its website is sagarautomobiles.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8/13 Babji Nagar A.B.Road Niranjanpur Dewas Naka, Indore, Madhya Pradesh, India – 452010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Sagar Automobiles Pvt Ltd, 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 Automobiles operates one associated brand: Sagar Automobiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive vehicle dealership services to customers. | sagarautomobiles.in |
Financials of Sagar Automobiles Pvt Ltd
FY 2015 filings availableSagar Automobiles Pvt Ltd reported revenue of ₹240.92 Cr for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹240.92 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹11.61 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.24 Cr |
| 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 | 4.8% |
| Net Profit Margin | 0.5% |
| 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 Sagar Automobiles Pvt Ltd, buy the company report.
Board of directors of Sagar Automobiles Pvt Ltd
Sagar Automobiles 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 |
|---|---|---|---|---|
| Yahaya Khan | Whole-Time Director | 01 Sep 2007 | 19 Years 1 Months | As last reported |
| Ghulam Gaus Khan Shirani | Director | 01 Apr 1998 | 28 Years 6 Months | As last reported |
| Ishwar Lal Kalantri | Irp/Rp/Liquidator | 11 Oct 2023 | 3 Years 0 Months | As last reported |
Auditor
Sagar Automobiles Pvt Ltd is audited by T H KHAMOSI & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T H KHAMOSI & CO | FY 2015 | 003997C |
Shareholding
The shareholding of Sagar Automobiles Pvt Ltd 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 Sagar Automobiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2015 | 10616757 | Punjab National Bank | ₹9.5 Cr | Open | |
| 16 Oct 2015 | 10598165 | Au Financiers (India) Limited | ₹8 Cr | Open | |
| 23 Apr 2015 | 10565606 | Tata Capital Housing Finance Limited | ₹4.95 Cr | Open | |
| 05 Mar 2015 | 10555971 | Tata Capital Financial Services Limited | ₹7.1 Lakh | Open | |
| 02 Mar 2015 | 10565842 | Tata Capital Financial Services Limited | ₹14.2 Lakh | Open |
To see the full charge records of Sagar Automobiles Pvt Ltd, buy the company report.
Total charge records: 26 View all charges
Legal cases
Sagar Automobiles Pvt Ltd has 33 court cases on record: 7 filed by Sagar Automobiles, 26 filed against it. 10 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 22 | 9 |
| NCLT | 5 | 1 | 0 |
| High courts | 3 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (EC) | Filed against the company by Poonawalla Fincorp Limited Sinha and Co. | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by Osia Distributors Pvt.Ltd Throgh Gaoutam Sancheti | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Akzo Nobel India Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Akzo Nobel India Limited and 1 other | Disposed |
To see the full case history of Sagar Automobiles Pvt Ltd, 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 Automobiles Pvt Ltd was last rated by Icra on 23 Nov 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Nov 2015 |
To see the full credit ratings and regulatory alerts of Sagar Automobiles Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sagar Automobiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sagar Automobiles has 2 subsidiary companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shirani Motors Private Limited | U03410MP2005PTC017898 | |
| Shirani Automotive Private Limited | U34100MP2009PTC021929 |
To see the full group structure of Sagar Automobiles Pvt Ltd, buy the company report.
Employees & EPFO
Sagar Automobiles Pvt Ltd has 1 active EPFO establishment as of Apr 05, 2024.
GST
Sagar Automobiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sagar Automobiles Pvt Ltd, buy the company report.
Recent activity
Sagar Automobiles Pvt Ltd has 8 board changes on record since 1998: 3 appointments and 5 cessations. The latest: Ishwar Lal Kalantri was appointed as Irp/Rp/Liquidator on 11 Oct 2023.
46 earlier events are in the company report.
Frequently asked questions
Sagar Automobiles is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sagar Automobiles is a company under liquidation, formerly operating as a private limited company based in Indore, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 06 July 1995 and is registered under CIN U50103MP1995PTC009670. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sagar Automobiles has 3 current directors:
- Yahaya Khan - Whole-Time Director
- Ghulam Gaus Khan Shirani - Director
- Ishwar Lal Kalantri - Irp/Rp/Liquidator
The latest financial statements of Sagar Automobiles 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.
The CIN (Corporate Identification Number) of Sagar Automobiles is U50103MP1995PTC009670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Automobiles has open charges of ₹35.72 Cr and satisfied charges of ₹178.15 Cr as per latest MCA filings.
Sagar Automobiles has 33 court cases on record: 7 filed by the company and 26 filed against it. 10 are pending. Most are in the district courts.
Sagar Automobiles was incorporated on 06 July 1995. It is registered with the Registrar of Companies, Gwalior.
Ishwar Lal Kalantri was appointed as Irp/Rp/Liquidator on 11 Oct 2023. Abdul Raoof Khan ceased to be Additional Director on 03 Feb 2017. Saba Shirani ceased to be Additional Director on 24 Sep 2016. Sagar Automobiles has 8 board changes on record in total.
Sagar Automobiles can be reached through the website sagarautomobiles.in. Its registered office is in Indore, Madhya Pradesh, India.