About Saggezza India Private Limited
Data last updated:
Saggezza India Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Saggezza Inc. Usa. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 September 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2005PTC132030. Its GSTIN is 29AAJCS2643H1Z4 (Karnataka). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.91 Lakh. It was led by directors including Ankit Parikh and Vipul Agnikumar Jani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Block A – 101 Neptune Corporate House B/H. Rajpath Club S.G.Highway Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2022, the company reported a revenue of ₹54.05 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.26 Cr (net margin 9.7%) and EBITDA of ₹10.77 Cr (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company had about 139 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Saggezza. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹8.9 Lakh; the latest was in April 2012.
The last known website on record is saggezza.com.
Company details
CIN history
Saggezza India has one previous CIN (Corporate Identification Number): U72200TN2005PTC057542. The current CIN is U72200GJ2005PTC132030, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200GJ2005PTC132030 | Current |
| U72200TN2005PTC057542 | Previous |
Contact details
Saggezza India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is saggezza.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock A – 101 Neptune Corporate House B/H. Rajpath Club S.G.Highway Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Saggezza India 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
Saggezza India operates one associated brand: Saggezza. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Analytics and data science services are provided to businesses. | saggezza.com |
Financials of Saggezza India Private Limited
FY 2023 filings availableSaggezza India Private Limited reported revenue of ₹54.05 Cr (down 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 12% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.26 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 Saggezza India Private Limited, buy the company report.
Board of directors of Saggezza India Private Limited
Saggezza India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Parikh | Director | 25 Feb 2022 | 4 Years 8 Months | As last reported |
| Vipul Agnikumar Jani | Director | 03 Dec 2021 | 4 Years 10 Months | As last reported |
| Vinu Venkatesh Also directs: Technosoft Global Solutions LLP, Technosoft Consulting LLP, Apexon India Private Limited and 2 more | Director | 01 Nov 2022 | 3 Years 11 Months | As last reported |
Auditor
Saggezza India Private Limited is audited by MSKA & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2022 | 116084 |
Shareholding
The shareholding of Saggezza India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saggezza India Private Limited, buy the company report.
Deals & funding
Saggezza India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹8.9 Lakh; the latest was in April 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Funding round | ₹8.9 Lakh | Investors: Saggezza Inc |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2005 | 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
Saggezza India Private Limited has 6 court cases on record: 4 filed by Saggezza India, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Assistant Commissioner of Commercial Taxes (Audit) and 4 others | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed by the company | Disposed |
| High Court, TAMIL NADU | Court case (TCA) | Filed against the company by Principal Commissioner of | Disposed |
To see the full case history of Saggezza India 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 Saggezza India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saggezza India Private Limited has a workforce of 139 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Saggezza India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS2643H1Z4 | Karnataka | Active | 01 Jul 2017 |
| 33AAJCS2643H1ZF | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAJCS2643H2ZE | Tamil Nadu | Active | 05 Sep 2018 |
To see the full GST registrations and return filing status of Saggezza India Private Limited, buy the company report.
Recent activity
Saggezza India Private Limited has 14 board changes on record since 2013: 3 appointments and 11 cessations. The latest: Vinu Venkatesh ceased to be Additional Director on 29 Sep 2023.
5 earlier events are in the company report.
Frequently asked questions
Saggezza India 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.
Saggezza India was a private limited company based in Ahmedabad, Gujarat, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 19 September 2005 and is registered under CIN U72200GJ2005PTC132030. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Saggezza India was incorporated on 19 September 2005. It is registered with the Registrar of Companies, Ahmedabad.
Saggezza India had 3 directors:
- Ankit Parikh - Director
- Vipul Agnikumar Jani - Director
- Vinu Venkatesh - Director
The CIN (Corporate Identification Number) of Saggezza India is U72200GJ2005PTC132030. 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 Saggezza India is at Block A – 101 Neptune Corporate House BH. Rajpath Club S.G.Highway Bodakdev, Ahmedabad, Gujarat, India – 380054.
Saggezza India can be reached through the website saggezza.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Saggezza India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Saggezza India is 29AAJCS2643H1Z4, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAJCS2643H1ZF (Tamil Nadu), 33AAJCS2643H2ZE (Tamil Nadu).
Saggezza India operated in the information technology industry, in the application development and software solutions segment.
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