About Sai Sulphonates Pvt Ltd
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Sai Sulphonates Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the surfactants and detergents segment of the chemicals and materials sector. It was incorporated on 20 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24119WB1987PTC043183. Its GSTIN is 19AAECS6573R1ZC (West Bengal). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.96 Cr. It is led by directors including Narendra Kumar Sharma and Vishal Pareek.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 21 Chittaranjan Avenue White House 2nd Floor, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,452.87 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹25.67 Cr (net margin 1.8%) and EBITDA of ₹46.37 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company has about 221 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85 Cr and satisfied charges of ₹208.03 Cr on record. Court records list 32 cases involving the company, including 26 filed by the company and 6 filed against it; 8 cases are pending. The company has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹14.8 Cr; the latest was in February 2024. Its 7 peer companies in the Chemicals industry (Surfactants), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 5 smaller; the largest is Godrej Industries Limited with revenue of ₹21,924 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 8 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 foglagroup.com.
Company details
Contact details
Sai Sulphonates Pvt Ltd'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 Chittaranjan Avenue White House 2nd Floor, Kolkata, West Bengal, India – 700072
- IndustryChemicals and Materials, Surfactants & Detergents
To see the full contact details of Sai Sulphonates Pvt Ltd, 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
Business activity
The main business activities of Sai Sulphonates are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sai Sulphonates Pvt Ltd, buy the company report.
Financials of Sai Sulphonates Pvt Ltd
FY 2025 filings availableSai Sulphonates Pvt Ltd reported revenue of ₹1,452.87 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 6% growth in the latest year. EBITDA rose 80% 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 | ₹46.37 Cr | ||||
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| Net Profit (PAT) | ₹25.67 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 | 3.2% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Sai Sulphonates Pvt Ltd, buy the company report.
Board of directors of Sai Sulphonates Pvt Ltd
Sai Sulphonates has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Kumar Sharma | Director | 04 Sep 2012 | 14 Years 1 Months | Current |
| Vishal Pareek | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
| Aastha Jatia Also directs: Navyug Roof Industries LLP | Director | 14 Feb 2018 | 8 Years 8 Months | Current |
| Sandeep Fogla | Director | 20 Oct 1987 | 39 Years 0 Months | Current |
Peer comparison
Sai Sulphonates Pvt Ltd is compared with the 7 companies closest to it by revenue in the Chemicals industry (Surfactants), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Godrej Industries Limited | ₹21,924 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Galaxy Surfactants Ltd | ₹4,249.48 Cr (FY 2025) | 11.0% | Navi Mumbai, Maharashtra, India | |||
| Sai Sulphonates Pvt Ltdthis company | ₹1,452.87 Cr (FY 2025) | ₹25.67 Cr | 1.8% | 6.0% | 221 | Kolkata, West Bengal, India |
| Aromatics India Private Limited | ₹1,077.09 Cr (FY 2025) | 5.0% | Delhi, India | |||
| New India Detergents Private Limited | ₹1,033.11 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India | |||
| Unitop Chemicals Private Limited | ₹774.29 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Ultramarine & Pigments Limited | ₹707.1 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Aarti Surfactants Limited | ₹662.56 Cr (FY 2025) | 12.0% | Dhar, Madhya Pradesh, India |
To see the full peer comparison of Sai Sulphonates Pvt Ltd, buy the company report.
Auditor
Sai Sulphonates Pvt Ltd is audited by RAJNEESH AGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNEESH AGARWAL & CO. | FY 2023 | 313120E |
Shareholding
The shareholding of Sai Sulphonates Pvt Ltd 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 Sulphonates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2022 | 100576376 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 26 Mar 2018 | 100174947 | Yes Bank Limited | ₹50 Cr | Open | |
| 19 Feb 2015 | 10555273 | Citi Bank N.A. | ₹10 Cr | Open | |
| 27 Mar 2018 | 100227072 | Others | ₹25 Cr | Satisfied | |
| 19 Feb 2015 | 10555276 | Citi Bank N.A. | ₹9 Cr | Satisfied |
To see the full charge records of Sai Sulphonates Pvt Ltd, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Sai Sulphonates Pvt Ltd has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹14.8 Cr; the latest was in February 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Seller: A.R. Stanchem Pvt. Ltd. , 3 individuals |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Sandeep Fogla HUF, 3 individuals Seller: A.R. Stanchem Pvt. Ltd. , 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Potential Electricals & Electronics Pvt.Ltd. , Sundeep Salt and Bromine Industries Limited , Binawadini Printing & Allied Works Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mahima Credit Pvt Ltd |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Sandeep Fogla HUF, 2 individuals Seller: Starlite Vyapaar Pvt. Ltd. , Jumac Manufacturing Pvt Ltd , 2 individuals |
To see the full deal history of Sai Sulphonates Pvt Ltd, 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 Sulphonates Pvt Ltd has 32 court cases on record: 26 filed by Sai Sulphonates, 6 filed against it. 8 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 3 | 6 |
| District courts | 6 | 2 | 1 |
| Supreme Court | 1 | 0 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against M/S Indian Oil Corporation Ltd and Ors | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against D.R. Industries Pvt. Ltd. | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against The West Bengal Power Development Corporation Limited and Ors. | Disposed |
| High Court | Court case (CS-COM) | Filed by the company against Ado Additives Mfg Pvt Ltd | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by MMTC Ltd | Disposed |
To see the full case history of Sai Sulphonates Pvt Ltd, 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 Sulphonates Pvt Ltd was last rated by Care on 10 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Mar 2022 |
To see the full credit ratings and regulatory alerts of Sai Sulphonates Pvt Ltd, buy the company report.
MSME payment delays
Sai Sulphonates Pvt Ltd has 7 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chemtex Speciality Limited | |||
| K K Polycolor Asia Limited | |||
| Sonam Technoplast | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sai Sulphonates Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sai Sulphonates has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Sai Sulphonates Pvt Ltd has a workforce of 221 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Sai Sulphonates has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS6573R1ZC | West Bengal | Active | 01 Jul 2017 |
| 24AAECS6573R1ZL | Gujarat | Active | 18 Oct 2019 |
| 02AAECS6573R1ZR | Himachal Pradesh | Active | 28 May 2021 |
To see the full GST registrations and return filing status of Sai Sulphonates Pvt Ltd, buy the company report.
Recent activity
Sai Sulphonates Pvt Ltd has 10 board changes on record since 1987: 4 appointments and 6 cessations. The latest: Vishal Pareek ceased to be Additional Director on 31 Dec 2020.
32 earlier events are in the company report.
Frequently asked questions
Sai Sulphonates is an active private limited company based in Kolkata, West Bengal, India. The company works in surfactants and detergents, within the chemicals and materials industry. It was incorporated on 20 October 1987 (39+ years old) and is registered under CIN U24119WB1987PTC043183.
Sai Sulphonates has 4 current directors:
- Narendra Kumar Sharma - Director
- Vishal Pareek - Director
- Aastha Jatia - Director
- Sandeep Fogla - Director
The latest financial statements of Sai Sulphonates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Sulphonates is 19AAECS6573R1ZC, registered in West Bengal. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAECS6573R1ZL (Gujarat), 02AAECS6573R1ZR (Himachal Pradesh).
The CIN (Corporate Identification Number) of Sai Sulphonates is U24119WB1987PTC043183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Sulphonates has 32 court cases on record: 26 filed by the company and 6 filed against it. 8 are pending. Most are in the high courts.
Sai Sulphonates was incorporated on 20 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
Sai Sulphonates has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹14.8 Cr; the latest was in February 2024.
The peers of Sai Sulphonates by revenue are Godrej Industries Limited, Galaxy Surfactants Ltd, Aromatics India Private Limited, New India Detergents Private Limited, Unitop Chemicals Private Limited and 2 more, all in the Chemicals industry (Surfactants), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vishal Pareek ceased to be Additional Director on 31 Dec 2020. Vishal Pareek was appointed as Director on 19 Dec 2019. Rajat Kumar Bose ceased to be Director on 01 Apr 2018. Sai Sulphonates has 10 board changes on record in total.
Sai Sulphonates has 7 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 8 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Sai Sulphonates can be reached through the website foglagroup.com. Its registered office is in Kolkata, West Bengal, India.
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