About Saisons Trade & Industry Private Limited
Data last updated:
Saisons Trade & Industry Private Limited is a private limited company based in Mumbai, Maharashtra, 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 power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 September 1999.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1999PTC121908. Its GSTIN is 27AAECS9019E1ZB (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹35 Cr. It was formerly known as Saisons Communications Private Limited and Saisons Technocom Private Limited. It is led by directors including Ajit Kumar (Irp/Rp/Liquidator) and Siddharth Chimanlal Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Unit No.416/C B – Wing 4th Flr Dattani Plaza Safed Pool Sakinaka Junction Andheri – E, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2019, the company reported a revenue of ₹565.48 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹6.61 Cr (net margin 1.2%) and EBITDA of ₹35.92 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹107.46 Cr and satisfied charges of ₹45.25 Cr on record. Court records list 51 cases involving the company, including 10 filed by the company and 41 filed against it; 11 cases are pending.
The last known website on record is airowater.com.
Company details
Name history
Saisons Trade & Industry has undergone 3 name changes throughout its history. The company was previously known as Saisons Communications Private Limited, Saisons Technocom Private Limited, and Saisons Trade Global Private Limited. The current legal name is Saisons Trade & Industry Private Limited.
| Company Name | Status |
|---|---|
| Saisons Trade & Industry Private Limited | Current |
| Saisons Communications Private Limited | Previous |
| Saisons Technocom Private Limited | Previous |
| Saisons Trade Global Private Limited | Previous |
CIN history
Saisons Trade & Industry has one previous CIN (Corporate Identification Number): U32200MH1999PTC121908. The current CIN is U24100MH1999PTC121908, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH1999PTC121908 | Current |
| U32200MH1999PTC121908 | Previous |
Contact details
Saisons Trade & Industry Private Limited's registered office is in Mumbai, Maharashtra. Its website is airowater.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.416/C B – Wing 4th Flr Dattani Plaza Safed Pool Sakinaka Junction Andheri – E, Mumbai, Maharashtra, India – 400072
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Saisons Trade & Industry 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 activities of Saisons Trade & Industry are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Saisons Trade & Industry Private Limited, buy the company report.
Financials of Saisons Trade & Industry Private Limited
FY 2019 filings availableSaisons Trade & Industry Private Limited reported revenue of ₹565.48 Cr (up 137% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 137% growth in the latest year. EBITDA rose 1% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹565.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.61 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Saisons Trade & Industry Private Limited, buy the company report.
Board of directors of Saisons Trade & Industry Private Limited
Saisons Trade & Industry has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar | Irp/Rp/Liquidator | 01 Jul 2023 | 3 Years 3 Months | As last reported |
| Siddharth Chimanlal Shah Also directs: Apex SPV Trading LLP, J E Marketing & Services Private Limited | Director | 23 Sep 1999 | 27 Years 1 Months | As last reported |
| Ankit Shah Also directs: J E Marketing & Services Private Limited | Director | 18 Jan 2006 | 20 Years 9 Months | As last reported |
Auditor
Saisons Trade & Industry Private Limited is audited by NIMESH SODHA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIMESH SODHA & CO | FY 2019 | 130730W |
Shareholding
The shareholding of Saisons Trade & Industry Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saisons Trade & Industry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2018 | 100237424 | Tata Capital Financial Services Limited | ₹5.93 Cr | Open | |
| 19 Jul 2018 | 100212672 | Others | ₹2.3 Cr | Open | |
| 15 Jan 2018 | 100163551 | The South Indian Bank Limited | ₹15 Cr | Open | |
| 10 Jan 2018 | 100151337 | Dena Bank | ₹6.16 Lakh | Open | |
| 10 Jan 2018 | 100151338 | Dena Bank | ₹8.4 Lakh | Open |
To see the full charge records of Saisons Trade & Industry Private Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
Saisons Trade & Industry Private Limited has 51 court cases on record: 10 filed by Saisons Trade & Industry, 41 filed against it. 11 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 38 | 11 |
| High courts | 7 | 1 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by DBS Bank India Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S Power2sme Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by The South Indian Bank | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Disposed |
To see the full case history of Saisons Trade & Industry 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
Saisons Trade & Industry Private Limited was last rated by Care on 16 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Jun 2026 |
To see the full credit ratings and regulatory alerts of Saisons Trade & Industry Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saisons Trade & Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saisons Trade & Industry has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS9019E1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saisons Trade & Industry Private Limited, buy the company report.
Recent activity
Saisons Trade & Industry Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Ajit Kumar was appointed as Irp/Rp/Liquidator on 01 Jul 2023.
45 earlier events are in the company report.
Frequently asked questions
Saisons Trade & Industry 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.
Saisons Trade & Industry is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 September 1999 and is registered under CIN U24100MH1999PTC121908. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Saisons Trade & Industry has 3 current directors:
- Siddharth Chimanlal Shah - Director
- Ankit Shah - Director
- Ajit Kumar - Irp/Rp/Liquidator
The latest financial statements of Saisons Trade & Industry on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saisons Trade & Industry is U24100MH1999PTC121908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saisons Trade & Industry has open charges of ₹107.46 Cr and satisfied charges of ₹45.25 Cr as per latest MCA filings.
Saisons Trade & Industry has 51 court cases on record: 10 filed by the company and 41 filed against it. 11 are pending. Most are in the district courts.
Saisons Trade & Industry was incorporated on 23 September 1999. It is registered with the Registrar of Companies, Mumbai.
Ajit Kumar was appointed as Irp/Rp/Liquidator on 01 Jul 2023. Deepen Bharat Shah ceased to be Director on 25 Feb 2011. Anand Mallya ceased to be Director on 08 Jul 2008. Saisons Trade & Industry has 5 board changes on record in total.
Saisons Trade & Industry can be reached through the website airowater.com. Its registered office is in Mumbai, Maharashtra, India.