Sagar Tex Creation and Advisory Services Private Limited
About Sagar Tex Creation and Advisory Services Private Limited
Data last updated:
Sagar Tex Creation and Advisory Services Private Limited was a private limited company based in Indore, Madhya Pradesh, India, operated as a subsidiary of Axel Infra Projects Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 02 August 2001.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U99999MP2001PTC061572. Its GSTIN is 27AAICS5893A2Z4 (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1.88 Cr and a paid-up capital of ₹1.72 Cr. It was formerly known as Sagar Tex Creation Private Limited. It was led by directors Rajesh Kumar Jain and Pankaj Kumar Porwal.
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 was at C – 10 Kishan Colony 567 M.G. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 70.8%) and EBITDA of ₹1.38 Cr (EBITDA margin 95.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
Court records list 3 cases involving the company, including 3 filed by the company.
Company details
CIN history
Sagar Tex Creation and Advisory Services has one previous CIN (Corporate Identification Number): U99999MH2001PTC132961. The current CIN is U99999MP2001PTC061572, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MP2001PTC061572 | Current |
| U99999MH2001PTC132961 | Previous |
Contact details
Sagar Tex Creation and Advisory Services Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 10 Kishan Colony 567 M.G. Road, Indore, Madhya Pradesh, India – 452001
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Sagar Tex Creation and Advisory Services 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 Sagar Tex Creation and Advisory Services 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 Sagar Tex Creation and Advisory Services Private Limited, buy the company report.
Financials of Sagar Tex Creation and Advisory Services Private Limited
FY 2024 filings availableSagar Tex Creation and Advisory Services Private Limited reported revenue of ₹1.45 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 9% 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 | ₹1.38 Cr | ||||
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| Net Profit (PAT) | ₹1.02 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 | 95.3% | ||||
| Net Profit Margin | 70.8% | ||||
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To see the full financial statements and ratios of Sagar Tex Creation and Advisory Services Private Limited, buy the company report.
Board of directors of Sagar Tex Creation and Advisory Services Private Limited
Sagar Tex Creation and Advisory Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Jain | Director | 26 Aug 2021 | 5 Years 2 Months | As last reported |
| Pankaj Kumar Porwal Also directs: Sylx Jewels Private Limited, Erflog Solar Ventures Private Limited | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Sagar Tex Creation and Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Univen Healthcare Private Limited | ₹1.45 Cr (FY 2025) | -27.0% | Chennai, Tamil Nadu, India | |||
| Kanishk Metal Recycling Private Limited | ₹1.45 Cr (FY 2025) | -82.0% | Chennai, Tamil Nadu, India | |||
| KK Aero Resources Private Limited | ₹1.45 Cr (FY 2024) | 64.0% | Mumbai, Maharashtra, India | |||
| Green Park Pharmaceutical Private Limited | ₹1.45 Cr (FY 2025) | 4.0% | Ranchi, Jharkhand, India | |||
| Jeevan Teleservices Private Limited | ₹1.45 Cr (FY 2025) | 139.0% | Dehradun, Uttarakhand, India | |||
| Sagar Tex Creation and Advisory Services Private Limitedthis company | ₹1.45 Cr (FY 2024) | ₹1.02 Cr | 70.8% | -12.0% | Indore, Madhya Pradesh, India | |
| Lazvegaz Commercial Private Limited | ₹1.45 Cr (FY 2018) | Mannarkkad, Kerala, India | ||||
| Care U Pharma Private Limited | ₹1.45 Cr (FY 2024) | -25.0% | Chennai, Tamil Nadu, India | |||
| Novocardia Life Science Private Limited | ₹1.45 Cr (FY 2024) | 63.0% | Parganas North, West Bengal, India | |||
| Dharmajivan Greentech Private Limited | ₹1.45 Cr (FY 2025) | -31.0% | Ahmedabad, Gujarat, India | |||
| Aphrasia Life Care Private Limited | ₹1.45 Cr (FY 2025) | 20.0% | Sader, Uttar Pradesh, India |
To see the full peer comparison of Sagar Tex Creation and Advisory Services Private Limited, buy the company report.
Auditor
Sagar Tex Creation and Advisory Services Private Limited is audited by PRADEEPPUSHKARMALGUPTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEPPUSHKARMALGUPTA | FY 2017 | 048979 |
Shareholding
The shareholding of Sagar Tex Creation and Advisory Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sagar Tex Creation and Advisory Services Private Limited, buy the company report.
Legal cases
Sagar Tex Creation and Advisory Services Private Limited has 3 court cases on record: 3 filed by Sagar Tex Creation and Advisory Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Indore | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 2 Ors and 2 others | Disposed |
To see the full case history of Sagar Tex Creation and Advisory Services 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sagar Tex Creation and Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sagar Tex Creation and Advisory Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS5893A2Z4 | Maharashtra | Active | 25 Mar 2019 |
To see the full GST registrations and return filing status of Sagar Tex Creation and Advisory Services Private Limited, buy the company report.
Recent activity
Sagar Tex Creation and Advisory Services Private Limited has 10 board changes on record since 2014: 2 appointments and 8 cessations. The latest: Madhvi Soni ceased to be Director on 24 Dec 2021.
1 earlier event is in the company report.
Frequently asked questions
Sagar Tex Creation and Advisory Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sagar Tex Creation and Advisory Services was a private limited company based in Indore, Madhya Pradesh, India. The company worked in retailers, within the trading industry. It was incorporated on 02 August 2001 and is registered under CIN U99999MP2001PTC061572. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sagar Tex Creation and Advisory Services was incorporated on 02 August 2001. It is registered with the Registrar of Companies, Gwalior.
Sagar Tex Creation and Advisory Services had 2 directors:
- Rajesh Kumar Jain - Director
- Pankaj Kumar Porwal - Director
The CIN (Corporate Identification Number) of Sagar Tex Creation and Advisory Services is U99999MP2001PTC061572. 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 Sagar Tex Creation and Advisory Services is at C – 10 Kishan Colony 567 M.G. Road, Indore, Madhya Pradesh, India – 452001.
The latest financial statements of Sagar Tex Creation and Advisory Services 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 Sagar Tex Creation and Advisory Services is 27AAICS5893A2Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Sagar Tex Creation and Advisory Services operated in the trading industry, in the retailers segment.
The peers of Sagar Tex Creation and Advisory Services by revenue are Univen Healthcare Private Limited, Kanishk Metal Recycling Private Limited, KK Aero Resources Private Limited, Green Park Pharmaceutical Private Limited, Jeevan Teleservices Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sagar Tex Creation and Advisory Services has 3 court cases on record: 3 filed by the company. Most are in the high courts.