- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-17-0000029

About Sagar Springs Pvt Ltd
Data last updated:
Sagar Springs Pvt Ltd is a private limited company based in Halol, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 24 August 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31110GJ1981PTC004574. Its GSTIN is 24AACCS5494F1ZA (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Suryakant Motichand Shah (Managing Director) and Sagar Suryakant Shah (Managing Director).
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 No. 189 Village Maghsar Halol Kalol Highway Near Lucky Studio Halol, Gujarat, India – 390350.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.56 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Cr (net margin 1.5%) and EBITDA of ₹4.86 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sagar Springs. As per MCA filings, the company has open charges of ₹28 Cr and satisfied charges of ₹26.75 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it.
Sagar Springs Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-17-0000029). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sagarsprings.com.
Company details
Recognitions & Rankings of Sagar Springs
Contact details
Sagar Springs Pvt Ltd's registered office is in Halol, Gujarat. Its website is sagarsprings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 189 Village Maghsar Halol Kalol Highway Near Lucky Studio Halol, Gujarat, India – 390350
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sagar Springs 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 Springs operates one associated brand: Sagar Springs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of helical compression springs for industrial applications in India. | sagarsprings.com |
Business activity
The main business activity of Sagar Springs is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sagar Springs Pvt Ltd, buy the company report.
Financials of Sagar Springs Pvt Ltd
FY 2025 filings availableSagar Springs Pvt Ltd reported revenue of ₹86.56 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 1% growth in the latest year. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.86 Cr | ||||
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| Net Profit (PAT) | ₹1.3 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 | 5.6% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Sagar Springs Pvt Ltd, buy the company report.
Board of directors of Sagar Springs Pvt Ltd
Sagar Springs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryakant Motichand Shah | Managing Director | 24 Aug 1981 | 45 Years 2 Months | Current |
| Sagar Suryakant Shah | Managing Director | 24 Aug 1981 | 45 Years 2 Months | Current |
Auditor
Sagar Springs Pvt Ltd is audited by VIRAL K SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRAL K SHAH & ASSOCIATES | FY 2023 | 124564W |
Shareholding
The shareholding of Sagar Springs Pvt Ltd is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sagar Springs Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2020 | 100368477 | State Bank of India | ₹14 Cr | Open | |
| 29 Jun 2020 | 100368476 | State Bank of India | ₹14 Cr | Open | |
| 16 Feb 2019 | 100240304 | Axis Bank Limited | ₹7 Cr | Satisfied | |
| 29 Jan 2019 | 100240301 | Axis Bank Limited | ₹7 Cr | Satisfied | |
| 18 Mar 2013 | 10424387 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Sagar Springs Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Sagar Springs Pvt Ltd has 19 court cases on record: 4 filed by Sagar Springs, 15 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 14 | 0 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed by the company against Stallion Shox Ltd., | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax II | Disposed |
| Supreme Court | Court case (0318-Direct Taxes Matter : Deductions/exemptions) | Filed against the company by Commissioner of Income Tax Baroda | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Assistant Commissioner of Income Tax Circle 4 Baroda | Disposed |
| High Court, GUJARAT | Court case (CR.RA) | Filed against the company by The State of Gujarat and 1 other | Disposed |
To see the full case history of Sagar Springs 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sagar Springs Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sagar Springs Pvt Ltd has a workforce of 27 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 27 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sagar Springs Pvt Ltd, buy the company report.
GST
Sagar Springs has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS5494F1ZA | Gujarat | Active | 01 Jul 2017 |
| 27AACCS5494F1Z4 | Maharashtra | Active | 05 Feb 2018 |
| 33AACCS5494F1ZB | Tamil Nadu | Active | 29 Oct 2019 |
To see the full GST registrations and return filing status of Sagar Springs Pvt Ltd, buy the company report.
Recent activity
Sagar Springs Pvt Ltd has 2 board changes on record since 1981: 2 appointments. The latest: Sagar Suryakant Shah was appointed as Managing Director on 24 Aug 1981.
7 earlier events are in the company report.
Frequently asked questions
Sagar Springs is an active private limited company based in Halol, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 24 August 1981 (45+ years old) and is registered under CIN U31110GJ1981PTC004574.
Sagar Springs has 2 current directors:
- Suryakant Motichand Shah - Managing Director
- Sagar Suryakant Shah - Managing Director
The latest financial statements of Sagar Springs 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 Springs is 24AACCS5494F1ZA, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCS5494F1Z4 (Maharashtra), 33AACCS5494F1ZB (Tamil Nadu).
The CIN (Corporate Identification Number) of Sagar Springs is U31110GJ1981PTC004574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Springs has 19 court cases on record: 4 filed by the company and 15 filed against it. Most are in the high courts.
Sagar Springs was incorporated on 24 August 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sagar Suryakant Shah was appointed as Managing Director on 24 Aug 1981. Suryakant Motichand Shah was appointed as Managing Director on 24 Aug 1981.
Yes, Sagar Springs is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-17-0000029).
Sagar Springs can be reached through the website sagarsprings.com. Its registered office is in Halol, Gujarat, India.

