About Sage Metals Private Limited
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Sage Metals Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Gluhend India 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 die casting and metal forming segment of the manufacturing sector. It was incorporated on 08 March 1983.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U28998MH1983PTC313652. Its GSTIN is 06AAACS2801A1Z7 (Haryana). The company held 5 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹2.28 Cr and a paid-up capital of ₹2.25 Cr. It was formerly known as Sage Metals Limited and Sage Metal Manufacturing Company Private Limited. It was led by directors including Bhupesh Chhajer and Shashi Kumar Nayar.
Its last annual general meeting (AGM) was held on 30 November 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 23 Floor – 2 Plot – 59/61 Arsiwala Mansion Nathalal Parikh Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2018, the company reported a revenue of ₹339.6 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹48.45 Cr (net margin 14.3%) and EBITDA of ₹81.83 Cr (EBITDA margin 24.1%).
The company had about 384 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹32.54 Cr on record. Court records list 18 cases involving the company, including 2 filed by the company and 16 filed against it; 4 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in February 2019. Its 7 peer companies in the Manufacturing industry (Die Casting, Metals), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 2 smaller; the largest is Global Copper Private Limited with revenue of ₹344.77 Cr.
The last known website on record is sagemetals.com.
Company details
Name history
Sage Metals has undergone 3 name changes throughout its history. The company was previously known as Sage Metals Limited, Sage Metal Manufacturing Company Private Limited, and Sage Metal Manufacturing Company Limited. The current legal name is Sage Metals Private Limited.
| Company Name | Status |
|---|---|
| Sage Metals Private Limited | Current |
| Sage Metals Limited | Previous |
| Sage Metal Manufacturing Company Private Limited | Previous |
| Sage Metal Manufacturing Company Limited | Previous |
CIN history
Sage Metals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28998MH1983PTC313652, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28998MH1983PTC313652 | Current |
| U28998DL1983PLC015335 | Previous |
| U28998DL1983PTC015335 | Previous |
Contact details
Sage Metals Private Limited's registered office is in Mumbai, Maharashtra. Its website is sagemetals.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address23 Floor – 2 Plot – 59/61 Arsiwala Mansion Nathalal Parikh Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Sage Metals 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 Sage Metals 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 Sage Metals Private Limited, buy the company report.
Financials of Sage Metals Private Limited
FY 2018 filings availableSage Metals Private Limited reported revenue of ₹339.6 Cr (up 14% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year. EBITDA rose 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹339.6 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹81.83 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹48.45 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 24.1% | |||
| Net Profit Margin | 14.3% | |||
| 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 Sage Metals Private Limited, buy the company report.
Board of directors of Sage Metals Private Limited
Sage Metals has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupesh Chhajer | Director | 01 Oct 2018 | 8 Years 0 Months | As last reported |
| Shashi Kumar Nayar | Director | 19 Jul 2018 | 8 Years 3 Months | As last reported |
| Nidhi Bothra | Director | 19 Jul 2018 | 8 Years 3 Months | As last reported |
| Matthew Constantino | Director | 13 Mar 2018 | 8 Years 7 Months | As last reported |
| Sanjay Kumar Sanghoee | Director | 13 Mar 2018 | 8 Years 7 Months | As last reported |
| Michael Rakiter | Director | 13 Mar 2018 | 8 Years 7 Months | As last reported |
Peer comparison
Sage Metals Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Die Casting, Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Global Copper Private Limited | ₹344.77 Cr (FY 2024) | 13.0% | Mumbai, Maharashtra, India | |||
| Sudisa Foundry Private Limited | ₹344.08 Cr (FY 2025) | -3.0% | Jamshedpur, Jharkhand, India | |||
| Topworth Urja & Metals Limited | ₹342.38 Cr (FY 2025) | 4.0% | Umred, Maharashtra, India | |||
| PTC Industries Limited | ₹342.23 Cr (FY 2025) | 27.0% | Lucknow, Uttar Pradesh, India | |||
| Thyssenkrupp Aerospace India Private Limited | ₹341.27 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| Sage Metals Private Limitedthis company | ₹339.6 Cr (FY 2018) | ₹48.45 Cr | 14.3% | 14.0% | 384 | Mumbai, Maharashtra, India |
| Alstone Manufacturing Private Limited | ₹338.3 Cr (FY 2024) | 26.0% | New Delhi, Delhi, India | |||
| Magcore Lamination (India) Private Limited | ₹337.72 Cr (FY 2025) | 1.0% | Tumkur, Karnataka, India |
To see the full peer comparison of Sage Metals Private Limited, buy the company report.
Auditor
Sage Metals Private Limited is audited by DINESH AARJAV & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH AARJAV & ASSOCIATES | FY 2018 | 017315N |
Shareholding
The shareholding of Sage Metals Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sage Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2018 | 100161127 | Others | ₹2.54 Cr | Satisfied | |
| 02 Dec 1988 | 90052217 | Union Bank of India | ₹30 Cr | Satisfied |
To see the full charge records of Sage Metals Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Sage Metals Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in February 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Rights issue | ₹34.61 Cr | Investors: Delos Capital, an individual |
| Mar 2018 | Acquisition | ₹446.14 Cr | Buyer: Delos Capital Seller: 4 individuals |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sage Metals Private Limited has 18 court cases on record: 2 filed by Sage Metals, 16 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 4 |
| High courts | 3 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (EX. CIVIL) | Filed against the company by an individual | Pending |
| District court, Mohali, Punjab | Appeal | Filed against the company by M/S Blue Wing Logistics | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, Central, Delhi | Execution petition | Filed against the company by an individual | Disposed |
| District court, Rewari, Haryana | Court case (SUMM) | Filed against the company by an individual | Disposed |
To see the full case history of Sage Metals 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 Sage Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sage Metals Private Limited has a workforce of 384 employees on its EPFO records as of Mar 28, 2024, across 4 active EPFO establishments.
GST
Sage Metals has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACS2801A1Z7 | Haryana | Active | 01 Jul 2017 |
| 07AAACS2801A1Z5 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sage Metals Private Limited, buy the company report.
Recent activity
Sage Metals Private Limited has 20 board changes on record since 2016: 6 appointments and 14 cessations. The latest: Bhupesh Chhajer ceased to be Additional Director on 30 Nov 2018.
17 earlier events are in the company report.
Frequently asked questions
Sage Metals 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.
Sage Metals was a private limited company based in Mumbai, Maharashtra, India. The company worked in die casting and metal forming, within the manufacturing industry. It was incorporated on 08 March 1983 and is registered under CIN U28998MH1983PTC313652. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sage Metals was incorporated on 08 March 1983. It is registered with the Registrar of Companies, Mumbai.
Sage Metals had 6 directors:
- Bhupesh Chhajer - Director
- Shashi Kumar Nayar - Director
- Nidhi Bothra - Director
- Matthew Constantino - Director
- Sanjay Kumar Sanghoee - Director
- Michael Rakiter - Director
The CIN (Corporate Identification Number) of Sage Metals is U28998MH1983PTC313652. 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 Sage Metals is at 23 Floor – 2 Plot – 5961 Arsiwala Mansion Nathalal Parikh Marg Colaba, Mumbai, Maharashtra, India – 400005.
Sage Metals can be reached through the website sagemetals.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Sage Metals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 November 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Sage Metals is 06AAACS2801A1Z7, registered in Haryana. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAACS2801A1Z5 (Delhi).
Sage Metals operated in the manufacturing industry, in the die casting and metal forming segment.
Sage Metals has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in February 2019.