About Sai Infinium Limited
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Sai Infinium Limited is a public limited company based in Bhavnagar, Gujarat, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 16 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35105GJ2004PLC044607. Its GSTIN is 24AAICS3150Q2ZZ (Gujarat). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹81.01 Cr and a paid-up capital of ₹58.84 Cr. It was formerly known as Sai Inductomelt Private Limited and Sai Infinium Private Limited. It is led by directors including Shivnarayan Vijaykumar Bansal (Managing Director) and Munishkumar Amritlal Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor 2137 Bansal House Nr. Golden Arc Atabhai Chowk, Bhavnagar, Gujarat, India – 364002.
As per the financials filed for FY 2025, the company reported a revenue of ₹580.7 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹92.45 Cr (net margin 15.9%) and EBITDA of ₹105.13 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 56% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹433.07 Cr and satisfied charges of ₹126.85 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it. The company has 13 deals on record (6 secondary share transfers, 4 rights issues, 3 funding rounds), with disclosed funding of ₹122.37 Cr; the latest was in September 2024. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Aditya Ultra Steel Limited with revenue of ₹585.75 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bandhanglobal.com.
Company details
Name history
Sai Infinium has undergone 4 name changes throughout its history. The current legal name is Sai Infinium Limited.
| Company Name | Status |
|---|---|
| Sai Infinium Limited | Current |
| Sai Inductomelt Private Limited | Previous |
| Sai Infinium Private Limited | Previous |
| Sai Bandhan Infinium Private Limited | Previous |
| Saibandhan Infinite Private Limited | Previous |
CIN history
Sai Infinium has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35105GJ2004PLC044607, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105GJ2004PLC044607 | Current |
| U35117GJ2004PTC044607 | Previous |
| U35105GJ2004PTC044607 | Previous |
Contact details
Sai Infinium Limited's registered office is in Bhavnagar, Gujarat.
- Registered Address3rd Floor 2137 Bansal House Nr. Golden Arc Atabhai Chowk, Bhavnagar, Gujarat, India – 364002
- IndustryTransport and Logistics, Shipbuilding & Repair Services
- 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 Sai Infinium 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 Sai Infinium Limited, buy the company report.
Financials of Sai Infinium Limited
FY 2025 filings availableSai Infinium Limited reported revenue of ₹580.7 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 28% growth in the latest year. EBITDA rose 163% 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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| EBITDA | ₹105.13 Cr | ||||
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| Net Profit (PAT) | ₹92.45 Cr | ||||
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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 | 18.1% | ||||
| Net Profit Margin | 15.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sai Infinium Limited, buy the company report.
Board of directors and KMP of Sai Infinium Limited
Sai Infinium Limited currently reports 8 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munishkumar Amritlal Bansal | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Sandeep Kothari | Director | 08 Aug 2024 | 2 Years 2 Months | Current |
| Manoj Kumar Jasoria | Company Secretary | 24 Apr 2025 | 1 Years 6 Months | Current |
| Shivnarayan Vijaykumar Bansal Also directs: Axat Impex LLP, Infinium Sealink Ifsc LLP, Devansh Petrochem Private Limited and 4 more | Managing Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Nikhil Gupta | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Avani Ranka | Director | 16 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Sai Infinium Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Aditya Ultra Steel Limited | ₹585.75 Cr (FY 2025) | 0.0% | Wankaner, Gujarat, India | |||
| Sakthi Steel Industries India Private Limited | ₹581.86 Cr (FY 2025) | -16.0% | Chennai, Tamil Nadu, India | |||
| K L Steels Private Limited | ₹581.71 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Alankar Alloys Private Limited | ₹581.62 Cr (FY 2025) | -1.0% | Raipur, Chhattisgarh, India | |||
| B R Sponge and Power Limited | ₹581.17 Cr (FY 2025) | 18.0% | Rourkela, Odisha, India | |||
| Sai Infinium Limitedthis company | ₹580.7 Cr (FY 2025) | ₹92.45 Cr | 15.9% | 28.0% | Bhavnagar, Gujarat, India | |
| Devi Iron and Power Private Limited | ₹580.45 Cr (FY 2025) | 55.0% | Panvel, Maharashtra, India | |||
| German TMT Private Limited | ₹578.27 Cr (FY 2025) | -8.0% | Ahmedabad, Gujarat, India | |||
| Jogindra Castings Private Limited | ₹577.51 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| De-Maithan Ispat Limited | ₹574.26 Cr (FY 2025) | -22.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sai Infinium Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101190100 | Bank of India | ₹45 Cr | Open | |
| 14 Nov 2025 | 101183813 | Hdfc Bank Limited | ₹1.1 Cr | Open | |
| 10 Nov 2025 | 101196224 | Others | ₹10.95 Lakh | Open | |
| 10 Nov 2025 | 101196236 | Others | ₹10.95 Lakh | Open | |
| 10 Nov 2025 | 101196273 | Others | ₹10.95 Lakh | Open |
To see the full charge records of Sai Infinium Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Sai Infinium Limited has 13 deals on record (6 secondary share transfers, 4 rights issues, 3 funding rounds), with disclosed funding of ₹122.37 Cr; the latest was in September 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Funding round | ₹88.04 Cr | Investors: Devansh Infinium Private Limited , Urja Ships Private Limited , 2 individuals |
| Sep 2024 | Funding round | ₹26.81 Cr | Investors: 2 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shirdi Steel Traders, an individual |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Funding round | ₹7.53 Cr | Investors: Fidelis International Private Limited |
To see the full deal history of Sai Infinium 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 Infinium Limited has 9 court cases on record: 7 filed by Sai Infinium, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 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 |
To see the full case history of Sai Infinium 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 Infinium Limited was last rated by Brickwork on 19 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 19 Oct 2020 |
To see the full credit ratings and regulatory alerts of Sai Infinium Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sai Infinium Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Infinium has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS3150Q2ZZ | Gujarat | Active | 01 Jul 2017 |
| 24AAICS3150Q6ZV | Gujarat | Active | 09 Jun 2021 |
To see the full GST registrations and return filing status of Sai Infinium Limited, buy the company report.
Recent activity
Sai Infinium Limited has 22 board changes on record since 2008: 9 appointments and 13 cessations. The latest: Anushka Anurag Singhal ceased to be CFO on 01 Nov 2025.
53 earlier events are in the company report.
Frequently asked questions
Sai Infinium is an active public limited company based in Bhavnagar, Gujarat, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 16 August 2004 (22+ years old) and is registered under CIN U35105GJ2004PLC044607.
Sai Infinium has 9 current directors and KMP:
- Shivnarayan Vijaykumar Bansal - Managing Director
- Munishkumar Amritlal Bansal - Director
- Sandeep Kothari - Director
- Nikhil Gupta - Director
- Avani Ranka - Director
- Mehul Shashikant Vadodaria - Director
- Astha Digant Mehta - Director
- Dineshkumar Ravishankar Dave - Director
- Manoj Kumar Jasoria - Company Secretary
The latest financial statements of Sai Infinium on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Infinium is 24AAICS3150Q2ZZ, registered in Gujarat. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAICS3150Q6ZV (Gujarat).
The CIN (Corporate Identification Number) of Sai Infinium is U35105GJ2004PLC044607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Infinium has 9 court cases on record: 7 filed by the company and 2 filed against it. Most are in the high courts.
Sai Infinium was incorporated on 16 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sai Infinium has 13 deals on record (6 secondary share transfers, 4 rights issues, 3 funding rounds), with disclosed funding of ₹122.37 Cr; the latest was in September 2024.
The peers of Sai Infinium by revenue are Aditya Ultra Steel Limited, Sakthi Steel Industries India Private Limited, K L Steels Private Limited, Alankar Alloys Private Limited, B R Sponge and Power Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Anushka Anurag Singhal ceased to be CFO on 01 Nov 2025. Manoj Kumar Jasoria was appointed as Company Secretary on 24 Apr 2025. Astha Digant Mehta ceased to be Additional Director on 23 Oct 2024. Sai Infinium has 22 board changes on record in total.
Sai Infinium can be reached through the website bandhanglobal.com. Its registered office is in Bhavnagar, Gujarat, India.