MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-WB-10-0005056
Sai Industries Private Limited - packaging in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹126.28 Cr
▲ 18% YoY
Net profit · FY 2025
₹4.5 Cr
Net margin 3.6%
EBITDA · FY 2025
₹10.55 Cr
EBITDA margin 8.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹72.05 Lakh
Issued & subscribed
Open charges
₹73.6 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
139
Provident fund records
About Sai Industries Private Limited
Data last updated:
Sai Industries Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 01 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25202WB2003PTC095997. Its GSTIN is 19AAHCS5276L1ZN (West Bengal). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹72.05 Lakh. It is led by directors including Anand Jeloka and Vishnu Kumar Fogla.
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 21 Princep Street, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.28 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Cr (net margin 3.6%) and EBITDA of ₹10.55 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over five years.
The company has about 139 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹73.6 Cr on record. Court records list 21 cases involving the company, including 6 filed by the company and 15 filed against it; 2 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹56 Lakh; the latest was in July 2022. Its 3 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Jumbo Bag Limited with revenue of ₹126.72 Cr.
Sai Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-WB-10-0005056). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foglagroup.com.
Company details
CIN U25202WB2003PTC095997
Registration Number 095997
Incorporation Date 01 April 2003
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-WB-10-0005056
Recognitions & Rankings of Sai Industries
Contact details
Sai Industries Private Limited's registered office is in Kolkata, West Bengal. Its website is foglagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address21 Princep Street, Kolkata, West Bengal, India – 700072
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Sai Industries Private Limited, buy the company report.
Comprehensive company report
Sai Industries 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
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Business activity
The main business activity of Sai Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Sai Industries Private Limited, buy the company report.
Financials of Sai Industries Private Limited
FY 2024 filings availableSai Industries Private Limited reported revenue of ₹126.28 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹126.28 Cr ▲ 18%
Net profit · FY 2025
₹4.5 Cr margin 3.6%
EBITDA · FY 2025
₹10.55 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 26%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 18% growth in the latest year. EBITDA rose 113% 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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| Total Expenses | |||||
| EBITDA | ₹10.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.5 Cr | ||||
| Balance Sheet | |||||
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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 | 8.4% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sai Industries Private Limited, buy the company report.
Board of directors of Sai Industries Private Limited
Sai Industries has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Jeloka Also directs: Sai Surfactants Private Limited, Ramindia Exports Pvt Ltd | Director | 01 Apr 2003 | 23 Years 6 Months | Current |
| Vishnu Kumar Fogla Also directs: VRS Products LLP, Think Wittsy LLP, Rishi Securities & Finance Private Limited and 5 more | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Sanjeev Fogla Also directs: A R Sulphonates Private Limited, Sai Fertilizers & Phosphates Private Limited, Ramindia Exports Pvt Ltd and 1 more | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
Peer comparison
Sai Industries Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jumbo Bag Limited | ₹126.72 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Sabar Flex India Limited | ₹126.38 Cr (FY 2024) | 33.0% | Ahmedabad, Gujarat, India | |||
| Sai Industries Private Limitedthis company | ₹126.28 Cr (FY 2025) | ₹4.5 Cr | 3.6% | 18.0% | 139 | Kolkata, West Bengal, India |
| Mehrasons Coatings Private Limited | ₹125.52 Cr (FY 2025) | 2.0% | Delhi, India |
To see the full peer comparison of Sai Industries Private Limited, buy the company report.
Auditor
Sai Industries Private Limited is audited by ROY SUBODH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROY SUBODH & ASSOCIATES | FY 2023 | 322786E |
Shareholding
The shareholding of Sai Industries Private Limited is on record for 5 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sai Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹73.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101103274 | Axis Bank Limited | ₹10 Cr | Open | |
| 25 Apr 2025 | 101089269 | Hdfc Bank Limited | ₹45 Lakh | Open | |
| 17 Dec 2024 | 101074996 | Others | ₹97.85 Lakh | Open | |
| 29 Apr 2024 | 100923202 | Sidbi | ₹1.83 Cr | Open | |
| 29 Apr 2024 | 100923193 | Sidbi | ₹1.29 Cr | Open |
To see the full charge records of Sai Industries Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Sai Industries Private Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹56 Lakh; the latest was in July 2022.
Total deals
8
Secondary share transfers
7
Funding round
1
Disclosed funding
₹56 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Rishi Securitirs & Finance Private Limited, Kamakhya Packaging Private Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: A R Sulphonates Private Limited Seller: Jumac Manufacturing Pvt Ltd , Rama Spares Manufacturing Pvt Ltd , Starlite Vyapaar Pvt. Ltd. |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Rishi Securitirs & Finance Private Limited Seller: Usha Polychem India Pvt Ltd |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sai Jute Mills Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Usha Polychem India Pvt Ltd Seller: an individual |
To see the full deal history of Sai Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sai Industries Private Limited has 21 court cases on record: 6 filed by Sai Industries, 15 filed against it. 2 cases are pending and 19 are disposed.
Total cases
21
Filed by the company
6
Filed against the company
15
Pending
2
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 2 |
| High courts | 5 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. Equinox Semiconductor Limited Through Its Directors and 4 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Raghupati Goods Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Hinduja Leyland Finance Ltd Through Amol Awatare | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Infoline Housing Finance Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Jarandeshwar Sugar Mills Pvt Ltd and 2 others | Disposed |
To see the full case history of Sai Industries 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.
Credit ratings & regulatory alerts
Sai Industries Private Limited was last rated by Icra on 11 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Dec 2019 |
To see the full credit ratings and regulatory alerts of Sai Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sai Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sai Industries Private Limited has a workforce of 139 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
139
Active EPFO establishments
1
Employee growth
-15.24%
GST
Sai Industries has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCS5276L1ZN | West Bengal | Active | 01 Jul 2017 |
| 19AAHCS5276L2ZM | West Bengal | Active | 23 Aug 2017 |
| 24AAHCS5276L1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Industries Private Limited, buy the company report.
Recent activity
Sai Industries Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Sanjeev Fogla was appointed as Director on 01 Apr 2004.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 101103274 was registered on 28 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 101089269 was registered on 25 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.98 Cr with Charge ID 101074996 was registered on 17 Dec 2024.
AGM
Sai Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 1.83 Cr with Charge ID 100923202 was registered on 29 Apr 2024.
Charges
A charge with Sidbi amounted to Rs. 1.29 Cr with Charge ID 100923193 was registered on 29 Apr 2024.
Charges
A charge with Canara Bank of Rs. 30.65 Cr registered on 07 Jul 2003 with Charge ID 90256168 was modified on 09 Apr 2024.
Filing
Sai Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Canara Bank amounted to Rs. 0.70 Cr with Charge ID 100608796 was registered on 31 Aug 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 22.00 Cr registered on 03 Apr 2013 with Charge ID 10428909 was modified on 20 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100581863 was registered on 07 Jun 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.21 Cr with Charge ID 100556863 was registered on 28 Jan 2022.
11 earlier events are in the company report.
Frequently asked questions
Sai Industries is an active private limited company based in Kolkata, West Bengal, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 01 April 2003 (23+ years old) and is registered under CIN U25202WB2003PTC095997.
Sai Industries has 3 current directors:
- Anand Jeloka - Director
- Vishnu Kumar Fogla - Director
- Sanjeev Fogla - Director
The latest financial statements of Sai Industries 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 Sai Industries is 19AAHCS5276L1ZN, registered in West Bengal. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AAHCS5276L2ZM (West Bengal), 24AAHCS5276L1ZW (Gujarat).
The CIN (Corporate Identification Number) of Sai Industries is U25202WB2003PTC095997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Industries has 21 court cases on record: 6 filed by the company and 15 filed against it. 2 are pending. Most are in the district courts.
Sai Industries was incorporated on 01 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Sai Industries has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹56 Lakh; the latest was in July 2022.
The peers of Sai Industries by revenue are Jumbo Bag Limited, Sabar Flex India Limited, Mehrasons Coatings Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sanjeev Fogla was appointed as Director on 01 Apr 2004. Vishnu Kumar Fogla was appointed as Director on 01 Apr 2004. Anand Jeloka was appointed as Director on 01 Apr 2003.
Yes, Sai Industries is registered as an MSME under Udyam registration (number: UDYAM-WB-10-0005056).