About Sai Vardhan Associates Private Limited
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Sai Vardhan Associates Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52520TG1998PTC030050. Its GSTIN is 36AAFCS0059R1ZU (Telangana). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors Namarta Bagri and Venkat Rao Kovelamudi.
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 Ground Floor Plot No.1302 Chandranaik Thada Khanamet Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.17 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹3.39 Lakh (net margin -33.3%) and EBITDA of -₹2.13 Lakh (EBITDA margin -20.9%). Revenue has declined at a compounded annual rate (CAGR) of 74% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹23.15 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹74 Lakh; the latest was in March 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saivardhan.com.
Company details
CIN history
Sai Vardhan Associates has one previous CIN (Corporate Identification Number): U52520AP1998PTC030050. The current CIN is U52520TG1998PTC030050, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52520TG1998PTC030050 | Current |
| U52520AP1998PTC030050 | Previous |
Contact details
Sai Vardhan Associates Private Limited's registered office is in Hyderabad, Telangana. Its website is saivardhan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Plot No.1302 Chandranaik Thada Khanamet Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sai Vardhan Associates Private Limited, 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
Financials of Sai Vardhan Associates Private Limited
FY 2024 filings availableSai Vardhan Associates Private Limited reported revenue of ₹10.17 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 98% fall in the latest year. EBITDA rose 97% 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 | FY 2019-20 |
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| EBITDA | -₹2.13 Lakh | ||||
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| Net Profit (PAT) | -₹3.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -20.9% | ||||
| Net Profit Margin | -33.3% | ||||
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To see the full financial statements and ratios of Sai Vardhan Associates Private Limited, buy the company report.
Board of directors of Sai Vardhan Associates Private Limited
Sai Vardhan Associates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namarta Bagri | Director | 04 Sep 2022 | 4 Years 1 Months | Current |
| Venkat Rao Kovelamudi Also directs: Ikon Visions Private Limited, Flashgard Private Limited, Ikon Technologies India Private Limited and 1 more | Director | 01 Sep 1998 | 28 Years 1 Months | Current |
Auditor
Sai Vardhan Associates Private Limited is audited by PAVULURI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAVULURI & Co. | FY 2023 | 012194S |
Shareholding
The shareholding of Sai Vardhan Associates 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 Vardhan Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2017 | 100080641 | Others | ₹15 Cr | Open | |
| 23 May 2015 | 10577863 | The Cosmos Co-Operative Bank Limited | ₹2 Cr | Satisfied | |
| 09 Feb 2015 | 10551986 | Others | ₹4 Cr | Satisfied | |
| 13 Oct 2014 | 10526759 | Tata Capital Financial Services Limited | ₹4 Cr | Satisfied | |
| 29 Apr 2014 | 10493410 | The Cosmos Co-Operative Bank Limited | ₹75 Lakh | Satisfied |
To see the full charge records of Sai Vardhan Associates Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Sai Vardhan Associates Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹74 Lakh; the latest was in March 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹50 Lakh | Investors: 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2006 | Funding round | ₹24 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sai Vardhan Associates Private Limited has 4 court cases on record: 4 filed by Sai Vardhan Associates. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Vakils Impex Pvt Ltd. | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Assistant Commissioner (CT) Ltu and 2 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Assistant Commissioner (Ct),(Intelligence) | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Assistant Commissioner (CT) (Intelligence), | Disposed |
To see the full case history of Sai Vardhan Associates 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 Vardhan Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sai Vardhan Associates has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Sai Vardhan Associates has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCS0059R1ZU | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Vardhan Associates Private Limited, buy the company report.
Recent activity
Sai Vardhan Associates Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Namarta Bagri ceased to be Additional Director on 30 Sep 2022.
21 earlier events are in the company report.
Frequently asked questions
Sai Vardhan Associates is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 September 1998 (28+ years old) and is registered under CIN U52520TG1998PTC030050.
Sai Vardhan Associates has 2 current directors:
- Namarta Bagri - Director
- Venkat Rao Kovelamudi - Director
The latest financial statements of Sai Vardhan Associates 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 Vardhan Associates is 36AAFCS0059R1ZU, registered in Telangana. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sai Vardhan Associates is U52520TG1998PTC030050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Vardhan Associates has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.
Sai Vardhan Associates was incorporated on 01 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sai Vardhan Associates has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹74 Lakh; the latest was in March 2015.
Namarta Bagri ceased to be Additional Director on 30 Sep 2022. Musunuri Ramakrishna Prasad ceased to be Director on 13 Sep 2022. Namarta Bagri was appointed as Director on 04 Sep 2022. Sai Vardhan Associates has 4 board changes on record in total.
Sai Vardhan Associates can be reached through the website saivardhan.com. Its registered office is in Hyderabad, Telangana, India.