Saj Industries Private Limited

Saj Industries Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17299GJ2019PTC110359 Incorporated 17 October 2019 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹1,102.42 Cr
▲ 4904188% YoY
Net loss · FY 2023
₹43.67 Cr
Net margin -4%
EBITDA · FY 2023
₹51.61 Cr
EBITDA margin 4.7%
Authorised capital
₹70 Cr
Registered with MCA
Paid-up capital
₹69.2 Cr
Issued & subscribed
Open charges
₹2,246.99 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
134
Provident fund records

About Saj Industries Private Limited

Data last updated:

Saj Industries Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Sumilon Polyester Private Limited. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 17 October 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2019PTC110359. Its GSTIN is 24ABCCS7807B1ZN (Gujarat).

The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹69.2 Cr. It is led by directors including Mahesh Sumanlal Jariwala and Shabbir Mohammad Jilal.

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 6/121/Paiki Plot No 9 – 10 – 11 2nd Floor Vairagini Wadi Delhi Gate, Surat, Gujarat, India – 395003.

As per the financials filed for FY 2023, the company reported a revenue of ₹1,102.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹43.67 Cr (net margin -4%) and EBITDA of ₹51.61 Cr (EBITDA margin 4.7%).

The company has about 134 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2,246.99 Cr on record.

For more details, the company can be reached via its website sumilon.com.

Company details

CIN U17299GJ2019PTC110359
Registration Number 110359
Incorporation Date 17 October 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sumilon Polyester Private Limited

Contact details

Saj Industries Private Limited's registered office is in Surat, Gujarat. Its website is sumilon.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    6/121/Paiki Plot No 9 – 10 – 11 2nd Floor Vairagini Wadi Delhi Gate, Surat, Gujarat, India – 395003
  • Industry
    Manufacturing, Plastic & Resins

To see the full contact details of Saj Industries Private Limited, buy the company report.

Comprehensive company report
Saj Industries Private Limited - one report that includes everything
  • 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
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Financials of Saj Industries Private Limited

FY 2024 filings available

Saj Industries Private Limited reported revenue of ₹1,102.42 Cr (up 4904188% YoY) for FY 2023.

Revenue · FY 2023
₹1,102.42 Cr ▲ 4904188%
Net loss · FY 2023
₹43.67 Cr margin -4%
EBITDA · FY 2023
₹51.61 Cr margin 4.7%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1,102.42 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹51.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹43.67 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.7%
Net Profit Margin-4%
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 Saj Industries Private Limited, buy the company report.

Board of directors of Saj Industries Private Limited

Saj Industries has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahesh Sumanlal JariwalaDirector17 Oct 20197 Years 0 MonthsCurrent
Shabbir Mohammad JilalDirector01 Nov 20197 Years 0 MonthsCurrent
Jitendra Sumanlal JariwalaDirector17 Oct 20197 Years 0 MonthsCurrent

Auditor

Saj Industries Private Limited is audited by SNK & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SNK & CO.FY 2023109176W

Shareholding

The shareholding of Saj Industries Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Saj Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2,246.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2,043.19 Cr
Axis Bank Limited₹203.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Jul 2025101140666Others₹38.88 LakhOpen
08 Jul 2025101130692Others₹75 CrOpen
27 Sep 2024100986548Others₹66 CrOpen
31 Aug 2023100783158Others₹150 CrOpen
30 Jun 2023100740800Others₹100 CrOpen

To see the full charge records of Saj Industries Private Limited, buy the company report.

Total charge records: 11 View all charges

Credit ratings & regulatory alerts

Saj Industries Private Limited was last rated by Indiarating on 12 Apr 2021.

Rating agencyRated onRating
Indiarating12 Apr 2021

To see the full credit ratings and regulatory alerts of Saj Industries Private Limited, buy the company report.

MSME payment delays

Saj Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 43 overdue payments to 7 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 7)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Ajanta Transport Company
an individual supplier
Vertrauen Inc

To see the full MSME payment records of Saj Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Saj Industries Private Limited has a workforce of 134 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
134
Active EPFO establishments
1
Employee growth
97.06%

GST

Saj Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24ABCCS7807B1ZNGujaratActive26 Oct 2019

To see the full GST registrations and return filing status of Saj Industries Private Limited, buy the company report.

Recent activity

Saj Industries Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Shabbir Mohammad Jilal was appointed as Director on 01 Nov 2019.

Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 101140666 was registered on 21 Jul 2025.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101130692 was registered on 08 Jul 2025.
Charges
A charge with Others of Rs. 745.00 Cr registered on 06 Dec 2022 with Charge ID 100655509 was modified on 07 May 2025.
Charges
A charge with Others of Rs. 240.00 Cr registered on 22 Apr 2022 with Charge ID 100571235 was modified on 09 Apr 2025.
Charges
A charge with Others of Rs. 66.00 Cr registered on 27 Sep 2024 with Charge ID 100986548 was modified on 26 Dec 2024.
AGM
Saj Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 66.00 Cr with Charge ID 100986548 was registered on 27 Sep 2024.
Filing
Saj Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 305.80 Cr registered on 21 Jun 2021 with Charge ID 100458288 was modified on 05 Sep 2023.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100783158 was registered on 31 Aug 2023.
Charges
A charge with Others of Rs. 257.00 Cr registered on 03 Feb 2021 with Charge ID 100416143 was modified on 31 Aug 2023.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100740800 was registered on 30 Jun 2023.

11 earlier events are in the company report.

Frequently asked questions

Saj Industries is an active private limited company based in Surat, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 17 October 2019 (7+ years old) and is registered under CIN U17299GJ2019PTC110359.

Saj Industries has 3 current directors:

The latest financial statements of Saj Industries 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 FY 2020 are in the company report.

The GSTIN of Saj Industries is 24ABCCS7807B1ZN, registered in Gujarat.

The CIN (Corporate Identification Number) of Saj Industries is U17299GJ2019PTC110359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saj Industries was incorporated on 17 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Shabbir Mohammad Jilal was appointed as Director on 01 Nov 2019. Jitendra Sumanlal Jariwala was appointed as Director on 17 Oct 2019. Mahesh Sumanlal Jariwala was appointed as Director on 17 Oct 2019.

Saj Industries has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 43 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Saj Industries can be reached through the website sumilon.com. Its registered office is in Surat, Gujarat, India.

The registered office of Saj Industries is at 6121Paiki Plot No 9 – 10 – 11 2nd Floor Vairagini Wadi Delhi Gate, Surat, Gujarat, India – 395003.

Saj Industries operates in the manufacturing industry, in the plastic and resins segment.