DPIIT recognised startup Government of India
Startup India
Sai Iges Power Private Limited - manufacturing in Rahta, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹47.62 Cr
▲ 6% YoY
Net profit · FY 2024
₹51.09 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹5.04 Cr
EBITDA margin 10.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.37 Lakh
Issued & subscribed
Open charges
₹24.45 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
31
Provident fund records
About Sai Iges Power Private Limited
Data last updated:
Sai Iges Power Private Limited is a private limited company based in Rahta, Maharashtra, India, recognised as a startup by DPIIT. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 09 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U23952PN2020PTC194816. Its GSTIN is 27ABECS6319Q1ZN (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.37 Lakh. It is led by directors including Ajit Zumbarlal Kunkulol and Anish Ajit Kunkulol.
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 is at 2386 Sangamner Road Kolhar Bk Rahta Ahmadnagar Kol Har Bk, Maharashtra, India – 413710.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.62 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹51.09 Lakh (net margin 1.1%) and EBITDA of ₹5.04 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sai IGES Power. As per MCA filings, the company has open charges of ₹24.45 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 4 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹14.72 Cr; the latest was in February 2026.
Sai Iges Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0032193). For more details, the company can be reached via its website sai-iges.com.
Company details
CIN U23952PN2020PTC194816
Registration Number 194816
Incorporation Date 09 October 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-MH-01-0032193
CIN history
Sai Iges Power has one previous CIN (Corporate Identification Number): U40200PN2020PTC194816. The current CIN is U23952PN2020PTC194816, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23952PN2020PTC194816 | Current |
| U40200PN2020PTC194816 | Previous |
Recognitions & Rankings of Sai Iges Power
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-01-0032193
Contact details
Sai Iges Power Private Limited's registered office is in Rahta, Maharashtra.
- Registered Address2386 Sangamner Road Kolhar Bk Rahta Ahmadnagar Kol Har Bk, Maharashtra, India – 413710
- IndustryManufacturing, Cement & Cement Products
Comprehensive company report
Sai Iges Power Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sai Iges Power operates one associated brand: Sai IGES Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies high-quality AAC blocks for construction applications. | sai-iges.com |
Business activity
The main business activity of Sai Iges Power is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Sai Iges Power Private Limited, buy the company report.
Financials of Sai Iges Power Private Limited
FY 2024 filings availableSai Iges Power Private Limited reported revenue of ₹47.62 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹47.62 Cr ▲ 6%
Net profit · FY 2024
₹51.09 Lakh margin 1.1%
EBITDA · FY 2024
₹5.04 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 83%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 251%
Revenue has grown at a compounded annual rate (CAGR) of 83% over three years, including 6% growth in the latest year. EBITDA fell 10% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.04 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹51.09 Lakh | |||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.6% | |||
| Net Profit Margin | 1.1% | |||
| 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 Sai Iges Power Private Limited, buy the company report.
Board of directors of Sai Iges Power Private Limited
Sai Iges Power has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Zumbarlal Kunkulol | Director | 18 Dec 2021 | 4 Years 10 Months | Current |
| Anish Ajit Kunkulol Also directs: Pravara Green Energy Solutions Private Limited, Eco Dura Lite Private Limited, Onsite Energy Private Limited and 2 more | Director | 09 Oct 2020 | 6 Years 1 Months | Current |
| Krishnamurthy Also directs: Ajeet Farm Technologies Private Limited | Director | 09 Oct 2020 | 6 Years 1 Months | Current |
Charges & borrowings
Open charges
₹24.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2024 | 100936290 | Others | ₹4.07 Cr | Open | |
| 01 Jan 2024 | 100856313 | Others | ₹88 Lakh | Open | |
| 07 Apr 2022 | 100574583 | Hdfc Bank Limited | ₹19.5 Cr | Open |
To see the full charge records of Sai Iges Power Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Sai Iges Power Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹14.72 Cr; the latest was in February 2026.
Total deals
5
Secondary share transfers
3
Funding round
1
Rights issue
1
Disclosed funding
₹14.72 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Rights issue | ₹30.76 Cr | Investors: 4 individuals |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Hypotenuse Investment, GJNX Ventures, Shagun Capital Venture, an individual |
| Dec 2024 | Funding round | ₹14.72 Cr | Investors: Global Munition Limited , Hypotenuse Investment, 1955 Venture Fund, an individual |
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sai Iges Power Private Limited has 5 court cases on record: 5 filed against it. 4 cases are pending and 1 is disposed.
Total cases
5
Filed against the company
5
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, KALABURAGI, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln WCA C) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, KALABURAGI, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Sai Iges Power 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 Sai Iges Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Iges Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS6319Q1ZN | Maharashtra | Active | 29 Oct 2020 |
To see the full GST registrations and return filing status of Sai Iges Power Private Limited, buy the company report.
Recent activity
Sai Iges Power Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Kishor Baburao Musmade ceased to be Director on 08 Feb 2025.
Ceased
Kishor Baburao Musmade ceased to be Director.
Ceased
Vishal Jeevan Sancheti ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 1,950.00 Lakh registered on 07 Apr 2022 with Charge ID 100574583 was modified on 31 Jan 2025.
AGM
Sai Iges Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 407.40 Lakh with Charge ID 100936290 was registered on 26 Apr 2024.
Filing
Sai Iges Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 88.00 Lakh with Charge ID 100856313 was registered on 01 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,950.00 Lakh with Charge ID 100574583 was registered on 07 Apr 2022.
Appointed
Ajit Zumbarlal Kunkulol was appointed as Director.
Appointed
Anish Ajit Kunkulol was appointed as Director.
Appointed
Krishnamurthy was appointed as Director.
Incorporation
09 Oct 2020
Sai Iges Power Private Limited was registered on 09 Oct 2020 with Roc Pune & aged 6 years 1 month as per MCA records.
Frequently asked questions
Sai Iges Power is an active private limited company based in Rahta, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 09 October 2020 (6+ years old) and is registered under CIN U23952PN2020PTC194816.
Sai Iges Power has 3 current directors:
- Ajit Zumbarlal Kunkulol - Director
- Anish Ajit Kunkulol - Director
- Krishnamurthy - Director
The latest financial statements of Sai Iges Power 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 FY 2021 are in the company report.
The GSTIN of Sai Iges Power is 27ABECS6319Q1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sai Iges Power is U23952PN2020PTC194816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Iges Power has 5 court cases on record: 5 filed against it. 4 are pending.
Sai Iges Power was incorporated on 09 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Sai Iges Power has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹14.72 Cr; the latest was in February 2026.
Kishor Baburao Musmade ceased to be Director on 08 Feb 2025. Vishal Jeevan Sancheti ceased to be Director on 08 Feb 2025. Ajit Zumbarlal Kunkulol was appointed as Director on 18 Dec 2021. Sai Iges Power has 5 board changes on record in total.
Yes, Sai Iges Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages