About Sainov Spirits Private Limited
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Sainov Spirits Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 02 April 2008.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15520DL2008PTC176272. Its GSTIN is 09AALCS8633F1ZY (Uttar Pradesh). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹29.76 Cr. It is led by directors including Rajesh Kumar Mehta and Amardeep Singh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 107 Bharat Chamber 70 Scindia House, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹202.19 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹16.53 Cr (net margin -8.2%) and EBITDA of -₹6.06 Cr (EBITDA margin -3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company is associated with 1 brand: Sainov Spirits. As per MCA filings, the company has open charges of ₹302.73 Cr and satisfied charges of ₹34.8 Cr on record. Court records list 48 cases involving the company, including 4 filed by the company and 44 filed against it; 3 cases are pending. The company has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹16.85 Cr; the latest was in April 2015. Its 6 peer companies in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 3 smaller; the largest is Oaken Gold Bottling Private Limited with revenue of ₹212.52 Cr.
The last known website on record is sainovspirits.com.
Company details
Contact details
Sainov Spirits Private Limited's registered office is in New Delhi, Delhi. Its website is sainovspirits.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address107 Bharat Chamber 70 Scindia House, New Delhi, Delhi, India – 110001
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Sainov Spirits 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
Brands
Sainov Spirits operates one associated brand: Sainov Spirits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A manufacturer of Indian Made Foreign Liquor (IMFL) products. | sainov.com |
Business activity
The main business activity of Sainov Spirits is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Sainov Spirits Private Limited, buy the company report.
Financials of Sainov Spirits Private Limited
FY 2017 filings availableSainov Spirits Private Limited reported revenue of ₹202.19 Cr (down 60% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 60% fall in the latest year. EBITDA fell 230% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹202.19 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹6.06 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹16.53 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -3% | ||
| Net Profit Margin | -8.2% | ||
| 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 Sainov Spirits Private Limited, buy the company report.
Board of directors of Sainov Spirits Private Limited
Sainov Spirits has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Mehta Also directs: Finzoid Financialadvisors India Private Limited | Director | 02 Apr 2008 | 18 Years 6 Months | As last reported |
| Amardeep Singh Also directs: Sugliq Global Private Limited | Director | 14 Jul 2016 | 10 Years 3 Months | As last reported |
| Sanjay Lamba Also directs: Finzoid Financialadvisors India Private Limited | Director | 13 Oct 2016 | 10 Years 0 Months | As last reported |
Peer comparison
Sainov Spirits Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oaken Gold Bottling Private Limited | ₹212.52 Cr (FY 2025) | 11.0% | Byrnihat, Meghalaya, India | |||
| Karan Bottling Company Private Limited | ₹209.57 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Essencia Beverages Private Limited | ₹203.22 Cr (FY 2019) | 5.0% | Kolkata, West Bengal, India | |||
| Sainov Spirits Private Limitedthis company | ₹202.19 Cr (FY 2017) | -₹16.53 Cr | -8.2% | -60.0% | New Delhi, Delhi, India | |
| Modi Illva India Private Limited | ₹200.62 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Sharvani Alco Brew Private Limited | ₹195.08 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Mohit Petrochemicals Private Limited | ₹188.29 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sainov Spirits Private Limited, buy the company report.
Auditor
Sainov Spirits Private Limited is audited by PARM & SMRN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARM & SMRN | FY 2017 | 507094C |
Shareholding
The shareholding of Sainov Spirits Private Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sainov Spirits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2016 | 100076610 | Others | ₹2.15 Cr | Open | |
| 29 Jun 2016 | 100049905 | Others | ₹2 Cr | Open | |
| 30 Jun 2014 | 10514311 | Corporation Bank Corporate Banking Branch | ₹12.81 Cr | Open | |
| 07 Dec 2013 | 10467948 | Corporation Bank | ₹4 Cr | Open | |
| 07 Mar 2013 | 10412678 | Corporation Bank Corporate Banking Branch | ₹20 Cr | Open |
To see the full charge records of Sainov Spirits Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Sainov Spirits Private Limited has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹16.85 Cr; the latest was in April 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Funding round | ₹4.21 Cr | Investors: an individual |
| Mar 2015 | Rights issue | ₹2 Cr | Investors: an individual |
| Mar 2013 | Funding round | ₹10.64 Cr | Investors: 2 individuals |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: West field Holdings S.A Seller: an individual |
| May 2009 | Funding round | ₹2 Cr | Investors: an individual |
To see the full deal history of Sainov Spirits Private 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
Sainov Spirits Private Limited has 48 court cases on record: 4 filed by Sainov Spirits, 44 filed against it. 3 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 38 | 2 |
| High courts | 9 | 6 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Manohar Filaments Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Praj Industries Ltd | Disposed |
| District court, South East, Delhi | Arbitration matter | Filed against the company by Dailmer Financial Services India Pvt Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Fraternal Investments Pvt Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Praj Industries Limited | Disposed |
To see the full case history of Sainov Spirits 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 Sainov Spirits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sainov Spirits has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AALCS8633F1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sainov Spirits Private Limited, buy the company report.
Recent activity
Sainov Spirits Private Limited has 13 board changes on record since 2008: 4 appointments and 9 cessations. The latest: Ashok Kumar Gupta was appointed as Irp/Rp/Liquidator on 11 Jul 2023.
29 earlier events are in the company report.
Frequently asked questions
Sainov Spirits is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sainov Spirits is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 02 April 2008 and is registered under CIN U15520DL2008PTC176272. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sainov Spirits has 3 current directors:
- Rajesh Kumar Mehta - Director
- Amardeep Singh - Director
- Sanjay Lamba - Director
The latest financial statements of Sainov Spirits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sainov Spirits is U15520DL2008PTC176272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sainov Spirits has open charges of ₹302.73 Cr and satisfied charges of ₹34.8 Cr as per latest MCA filings.
Sainov Spirits has 48 court cases on record: 4 filed by the company and 44 filed against it. 3 are pending. Most are in the district courts.
Sainov Spirits was incorporated on 02 April 2008. It is registered with the Registrar of Companies, Delhi.
Sainov Spirits has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹16.85 Cr; the latest was in April 2015.
The peers of Sainov Spirits by revenue are Oaken Gold Bottling Private Limited, Karan Bottling Company Private Limited, Essencia Beverages Private Limited, Modi Illva India Private Limited, Sharvani Alco Brew Private Limited and 1 more, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Ashok Kumar Gupta was appointed as Irp/Rp/Liquidator on 11 Jul 2023. Pardeep Kumar Sharma ceased to be Additional Director on 02 Jun 2018. Amardeep Singh ceased to be Additional Director on 30 Sep 2017. Sainov Spirits has 13 board changes on record in total.