India's Richest People 2026 edition · 1 director · Source: Hurun India
- #618 Kushal Subbayya Hegde & family ₹5,400 Cr
Revenue · FY 2025
₹4,111.88 Cr
▲ 2% YoY
Net profit · FY 2025
₹131.56 Cr
Net margin 3.2%
EBITDA · FY 2025
₹208.67 Cr
EBITDA margin 5.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.01 Cr
Issued & subscribed
Open charges
₹125 Cr
Satisfied ₹158.71 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
6,487
Provident fund records
About Sai Service Private Limited
Data last updated:
Sai Service Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 09 August 1985 and has been in existence for over 41 years.
Its director Kushal Subbayya Hegde and family are #618 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U60210PN1985PTC037099. Its GSTIN is 27AABCS4998M1ZJ (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.01 Cr. It was formerly known as Sai Service Station Private Limited and Sai Service Station Ltd. It is led by directors including Mukesh Shamrao Kalmadi (Managing Director) and Kushal Subbayya Hegde.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai Pune Roadphugewadi Pune, Maharashtra, India – 411012.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,111.88 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹131.56 Cr (net margin 3.2%) and EBITDA of ₹208.67 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company has about 6,487 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: Arenaofwagholipune, NEXA Lower Parel and Sai Service. As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹158.71 Cr on record. Court records list 258 cases involving the company, including 149 filed by the company and 109 filed against it; 47 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in February 2025. Its 5 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 1 larger and 4 smaller; the largest is PPS Motors Private Limited with revenue of ₹4,978.92 Cr. The company has 5 MSME Form 1 returns on record between 2018 and 2020, listing 145 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saiservice.com.
Company details
CIN U60210PN1985PTC037099
Registration Number 037099
Incorporation Date 09 August 1985
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Sai Service has undergone 2 name changes throughout its history. The company was previously known as Sai Service Station Private Limited, and Sai Service Station Ltd. The current legal name is Sai Service Private Limited.
| Company Name | Status |
|---|---|
| Sai Service Private Limited | Current |
| Sai Service Station Private Limited | Previous |
| Sai Service Station Ltd | Previous |
CIN history
Sai Service has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U60210PN1985PTC037099, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60210PN1985PTC037099 | Current |
| U60210MH1985PLC037099 | Previous |
| U60210PN1985PLC037099 | Previous |
Key People
Mukesh Shamrao Kalmadi Managing Director Kushal Subbayya Hegde Director Yogendra Premkrishna Trivedi Director Recognitions & Rankings of Sai Service
Contact details
Sai Service Private Limited's registered office is in Pune, Maharashtra. Its website is saiservice.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMumbai Pune Roadphugewadi Pune, Maharashtra, India – 411012
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Sai Service Private Limited, buy the company report.
Comprehensive company report
Sai Service 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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Brands
Sai Service operates multiple associated brands including Arenaofwagholipune, NEXA Lower Parel, and Sai Service. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Car dealership providing sales, service, and finance for vehicles. | arenaofwagholipune.com | |
| Provides sales, services, and finance for Maruti Suzuki vehicles across multiple locations. | nexaoflowerparel.com | |
| Sai Service is recognized as a leading Maruti Suzuki dealership in India. | saiservice.com |
Business activity
The main business activity of Sai Service is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sai Service Private Limited, buy the company report.
Financials of Sai Service Private Limited
FY 2025 filings availableSai Service Private Limited reported revenue of ₹4,111.88 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹4,111.88 Cr ▲ 2%
Net profit · FY 2025
₹131.56 Cr margin 3.2%
EBITDA · FY 2025
₹208.67 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 18%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 2%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 2% growth in the latest year. EBITDA fell 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4,111.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹208.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹131.56 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Service Private Limited, buy the company report.
Board of directors of Sai Service Private Limited
Sai Service has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Shamrao Kalmadi | Managing Director | 01 Apr 1993 | 33 Years 7 Months | Current |
| Kushal Subbayya Hegde Also directs: KSH International Limited, KSH Integrated Logistics Private Limited, Kushal Motors and Electicals Pvt Ltd and 5 more | Director | 13 Feb 2002 | 24 Years 8 Months | Current |
| Yogendra Premkrishna Trivedi | Director | 07 Mar 1994 | 32 Years 7 Months | Current |
| Sadananda Ramanna Shetty | Director | 12 Jun 1996 | 30 Years 4 Months | Current |
Peer comparison
Sai Service Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PPS Motors Private Limited | ₹4,978.92 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India | |||
| Sai Service Private Limitedthis company | ₹4,111.88 Cr (FY 2025) | ₹131.56 Cr | 3.2% | 2.0% | 6,487 | Pune, Maharashtra, India |
| Landmark Cars Limited | ₹4,038.77 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| Kataria Automobiles Private Limited | ₹3,545.07 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Pureride Technologies Private Limited | ₹3,429.44 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Indus Motor Company Private Limited | ₹3,367.1 Cr (FY 2025) | 12.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Sai Service Private Limited, buy the company report.
Auditor
Sai Service Private Limited is audited by P G Bhagwat LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G Bhagwat LLP | FY 2025 | 101118W/W100682 |
Shareholding
The shareholding of Sai Service Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sai Service Private Limited, buy the company report.
Charges & borrowings
Open charges
₹125 Cr
Satisfied charges
₹158.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2023 | 100774348 | Hdfc Bank Limited | ₹125 Cr | Open | |
| 29 Mar 2017 | 100099750 | Others | ₹27.85 Lakh | Satisfied | |
| 22 Sep 2015 | 10596830 | Kotak Mahindra Prime Limited | ₹15 Cr | Satisfied | |
| 22 Jan 2010 | 10201327 | Indusind Bank Ltd. | ₹10 Cr | Satisfied | |
| 01 Oct 2008 | 10125968 | State Bank of India | ₹10 Cr | Satisfied |
To see the full charge records of Sai Service Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Sai Service Private Limited has 3 deals on record (3 secondary share transfers); the latest was in February 2025.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sai Service Private Limited has 258 court cases on record: 149 filed by Sai Service, 109 filed against it. 47 cases are pending and 211 are disposed.
Total cases
258
Filed by the company
149
Filed against the company
109
Pending
47
Disposed
211
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 193 | 88 | 39 |
| High courts | 59 | 19 | 6 |
| Supreme Court | 5 | 2 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 258)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Kogta Financial India Ltd THR Yogesh Ashok Bhalerao | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against Vayudoot Multiservices Private Limited | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LC) | Filed by the company against Gourmet Brothers LLP and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by D C B Bank Limited Through Sagar B Chavan | Pending |
| District court, North Goa, Goa | Civil suit | Filed against the company | Pending |
To see the full case history of Sai Service 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 Service Private Limited was last rated by Crisil on 29 Aug 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Aug 2019 |
To see the full credit ratings and regulatory alerts of Sai Service Private Limited, buy the company report.
MSME payment delays
Sai Service Private Limited has 5 MSME Form 1 returns on record between 2018 and 2020, listing 145 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Dr Mobility Solutions Private Limited | |||
| an individual supplier | |||
| Mascot Decors |
To see the full MSME payment records of Sai Service Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sai Service has 2 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Sai Service Spares & Accessories Private Limited | U23300PN1991PTC062654 | |
| Skill Tech Sai Service Foundation | U80301PN2023NPL218143 |
To see the full group structure of Sai Service Private Limited, buy the company report.
Employees & EPFO
Sai Service Private Limited has a workforce of 6,487 employees on its EPFO records as of Sep 25, 2025, across 6 active EPFO establishments.
Employee count
6,487
Active EPFO establishments
6
Employee growth
8.13%
GST
Sai Service has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4998M1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 30AABCS4998M1ZW | Goa | Active | 01 Jul 2017 |
| 32AABCS4998M1ZS | Kerala | Active | 01 Jul 2017 |
| 36AABCS4998M1ZK | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Service Private Limited, buy the company report.
Recent activity
Sai Service Private Limited has 9 board changes on record since 1993: 5 appointments and 4 cessations. The latest: Shridhar Shamrao Kalmadi ceased to be Managing Director on 01 Aug 2021.
AGM
Sai Service Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Sai Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 25 Oct 1996 via Charge ID 90084541 with Others was fully satisfied on 01 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 125.00 Cr with Charge ID 100774348 was registered on 07 Aug 2023.
Ceased
Shridhar Shamrao Kalmadi ceased to be Managing Director.
Appointed
Dhananjay Sacchidanand Tatke was appointed as Nodal Officer.
Ceased
Suresh Shamrao Kalmadi ceased to be Whole-Time Director.
Charges
A charge registered on 29 Mar 2017 via Charge ID 100099750 with Others was fully satisfied on 12 Mar 2018.
Charges
A charge with Others of Rs. 85.00 Cr registered on 25 Oct 1996 with Charge ID 90084541 was modified on 01 Mar 2018.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100099750 was registered on 29 Mar 2017.
Charges
A charge registered on 22 Sep 2015 via Charge ID 10596830 with Kotak Mahindra Prime Limited was fully satisfied on 06 Mar 2017.
Charges
A charge registered on 01 Oct 2008 via Charge ID 10125968 with State Bank Of India was fully satisfied on 01 Mar 2016.
37 earlier events are in the company report.
Frequently asked questions
Sai Service is an active private limited company based in Pune, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 09 August 1985 (41+ years old) and is registered under CIN U60210PN1985PTC037099.
Sai Service has 4 current directors:
- Mukesh Shamrao Kalmadi - Managing Director
- Kushal Subbayya Hegde - Director
- Yogendra Premkrishna Trivedi - Director
- Sadananda Ramanna Shetty - Director
The latest financial statements of Sai Service on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Service is 27AABCS4998M1ZJ, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 30AABCS4998M1ZW (Goa), 32AABCS4998M1ZS (Kerala), 36AABCS4998M1ZK (Telangana).
The CIN (Corporate Identification Number) of Sai Service is U60210PN1985PTC037099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Service has 258 court cases on record: 149 filed by the company and 109 filed against it. 47 are pending. Most are in the district courts.
Sai Service was incorporated on 09 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
Sai Service has 3 deals on record (3 secondary share transfers); the latest was in February 2025.
The peers of Sai Service by revenue are PPS Motors Private Limited, Landmark Cars Limited, Kataria Automobiles Private Limited, Pureride Technologies Private Limited, Indus Motor Company Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Shridhar Shamrao Kalmadi ceased to be Managing Director on 01 Aug 2021. Dhananjay Sacchidanand Tatke was appointed as Nodal Officer on 02 Sep 2019. Suresh Shamrao Kalmadi ceased to be Whole-Time Director on 30 Apr 2019. Sai Service has 9 board changes on record in total.
Sai Service has 5 MSME Form 1 returns on record between 2018 and 2020, listing 145 overdue payments to 17 micro and small suppliers. The latest return was filed on 30 Apr 2020.
Sai Service can be reached through the website saiservice.com. Its registered office is in Pune, Maharashtra, India.
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