- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0242662

Sainee Synthetics Private Limited
About Sainee Synthetics Private Limited
Data last updated:
Sainee Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1996PTC100785. Its GSTIN is 27AAACP5986F2Z3 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.85 Cr. It was formerly known as Pioneer Flexopack Private Limited. It is led by directors Sunita Rakesh Gupta and Riya Rakesh Gupta.
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 A – 901 Sahyadri Tower Upper Govind Nagar Next To Upavan Tower Malad (E), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.38 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹36.12 Lakh (net margin 6.7%) and EBITDA of ₹38.51 Lakh (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹41.27 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Sainee Synthetics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0242662). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sainee Synthetics
Contact details
Sainee Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 901 Sahyadri Tower Upper Govind Nagar Next To Upavan Tower Malad (E), Mumbai, Maharashtra, India – 400097
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sainee Synthetics 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
Business activity
The main business activity of Sainee Synthetics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sainee Synthetics Private Limited, buy the company report.
Financials of Sainee Synthetics Private Limited
FY 2025 filings availableSainee Synthetics Private Limited reported revenue of ₹5.38 Cr (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 37% fall in the latest year. EBITDA rose 68% 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 | ₹38.51 Lakh | ||||
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| Net Profit (PAT) | ₹36.12 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 | 7.2% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Sainee Synthetics Private Limited, buy the company report.
Board of directors of Sainee Synthetics Private Limited
Sainee Synthetics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Rakesh Gupta | Additional Director | 18 Apr 2017 | 9 Years 6 Months | Current |
| Riya Rakesh Gupta | Additional Director | 01 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Sainee Synthetics Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gita-Rrsm Ventures Private Limited | ₹5.39 Cr (FY 2025) | 231.0% | Chennai, Tamil Nadu, India | |||
| Sonisons Garments Private Limited | ₹5.38 Cr (FY 2024) | -16.0% | New Delhi, Delhi, India | |||
| AA Zippers Private Limited | ₹5.38 Cr (FY 2025) | 15.0% | Gurgaon, Haryana, India | |||
| Sainee Synthetics Private Limitedthis company | ₹5.38 Cr (FY 2024) | ₹36.12 Lakh | 6.7% | -37.0% | Mumbai, Maharashtra, India | |
| Amazon Fabrics Private Limited | ₹5.38 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sainee Synthetics Private Limited, buy the company report.
Auditor
Sainee Synthetics Private Limited is audited by NBT AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NBT AND ASSOCIATES | FY 2023 | 048334 |
Shareholding
The shareholding of Sainee Synthetics 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Sainee Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2025 | 101166096 | Others | ₹1.1 Cr | Open | |
| 14 Jan 2005 | 90158548 | Asrec (India) Limited | ₹26.86 Cr | Satisfied | |
| 01 Mar 2004 | 90158329 | The Shamrao Vithal Co-Op Bank Ltd | ₹1.28 Cr | Satisfied | |
| 01 Sep 2003 | 90158220 | The Shamrao Vithal Co-Op Bank Ltd | ₹1.4 Cr | Satisfied | |
| 01 Jul 2002 | 90157968 | The Shamrao Vithal Co-Op Bank Ltd | ₹2.81 Cr | Satisfied |
To see the full charge records of Sainee Synthetics Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Sainee Synthetics Private Limited has 4 court cases on record: 2 filed by Sainee Synthetics, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, DNH at Silvasa | Court case (SPL. CASE COMPANIES ACT) | Filed against the company by an individual | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by Ms Indo Rama Syn. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Sainee Synthetics 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 Sainee Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sainee Synthetics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP5986F2Z3 | Maharashtra | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Sainee Synthetics Private Limited, buy the company report.
Recent activity
Sainee Synthetics Private Limited has 10 board changes on record since 1996: 6 appointments and 4 cessations. The latest: Riya Rakesh Gupta was appointed as Additional Director on 01 Feb 2024.
24 earlier events are in the company report.
Frequently asked questions
Sainee Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 July 1996 (30+ years old) and is registered under CIN U25200MH1996PTC100785.
Sainee Synthetics has 2 current directors:
- Sunita Rakesh Gupta - Additional Director
- Riya Rakesh Gupta - Additional Director
The latest financial statements of Sainee Synthetics 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 Sainee Synthetics is 27AAACP5986F2Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sainee Synthetics is U25200MH1996PTC100785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sainee Synthetics has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Sainee Synthetics was incorporated on 04 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sainee Synthetics by revenue are Gita-Rrsm Ventures Private Limited, Sonisons Garments Private Limited, AA Zippers Private Limited, Amazon Fabrics Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Riya Rakesh Gupta was appointed as Additional Director on 01 Feb 2024. Yash Rakesh Gupta ceased to be Additional Director on 01 Feb 2024. Murarilal Munshilal Gupta ceased to be Director on 18 Apr 2017. Sainee Synthetics has 10 board changes on record in total.
Yes, Sainee Synthetics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0242662).
The registered office of Sainee Synthetics is at A – 901 Sahyadri Tower Upper Govind Nagar Next To Upavan Tower Malad E, Mumbai, Maharashtra, India – 400097.

