About Sangam Fasteners Private Limited
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Sangam Fasteners Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 18 September 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80302KA2000PTC027793. Its GSTIN is 29AAGCS2351H1ZA (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Sangemesh Ishwarappa Handigol (Managing Director) and Ashwini Sangamesh Handigol.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. B – 23 Sy No. 208 Kssidc Gamanagatti Industrial Estate, Hubli, Karnataka, India – 580025.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.36 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹64.05 Lakh (net margin 3.3%) and EBITDA of ₹1.79 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 31% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.96 Cr and satisfied charges of ₹30.94 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sangamfastners.com.
Company details
Contact details
Sangam Fasteners Private Limited's registered office is in Hubli, Karnataka. Its website is sangamfastners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. B – 23 Sy No. 208 Kssidc Gamanagatti Industrial Estate, Hubli, Karnataka, India – 580025
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Sangam Fasteners 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 Sangam Fasteners is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sangam Fasteners Private Limited, buy the company report.
Financials of Sangam Fasteners Private Limited
FY 2025 filings availableSangam Fasteners Private Limited reported revenue of ₹19.36 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 19% growth in the latest year. EBITDA rose 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.79 Cr | ||||
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| Net Profit (PAT) | ₹64.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Sangam Fasteners Private Limited, buy the company report.
Board of directors of Sangam Fasteners Private Limited
Sangam Fasteners 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 |
|---|---|---|---|---|
| Sangemesh Ishwarappa Handigol | Managing Director | 18 Sep 2000 | 26 Years 1 Months | Current |
| Ashwini Sangamesh Handigol | Director | 28 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Sangam Fasteners Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unique Forge (Gujarat) Pvt Ltd | ₹19.46 Cr (FY 2024) | 2.0% | Rajkot, Gujarat, India | |||
| Sangam Fasteners Private Limitedthis company | ₹19.36 Cr (FY 2025) | ₹64.05 Lakh | 3.3% | 19.0% | 33 | Hubli, Karnataka, India |
| Aegis Punching Systems Private Limited | ₹19.33 Cr (FY 2024) | -7.0% | Bangalore, Karnataka, India | |||
| Yogi Hi-Tech Pvt Ltd | ₹19.3 Cr (FY 2024) | 3.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Sangam Fasteners Private Limited, buy the company report.
Auditor
Sangam Fasteners Private Limited is audited by Shriganesh Hegde & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shriganesh Hegde & Associates | FY 2023 | 246247 |
Shareholding
The shareholding of Sangam Fasteners 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 Sangam Fasteners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2025 | 101145108 | Sidbi | ₹1.17 Cr | Open | |
| 20 Jan 2025 | 101032163 | Sidbi | ₹1.91 Cr | Open | |
| 20 Mar 2024 | 100884025 | Sidbi | ₹94.34 Lakh | Open | |
| 23 Mar 2001 | 90192369 | State Bank of India | ₹4.94 Cr | Open | |
| 14 Jan 2011 | 10265577 | State Bank of India | ₹17 Lakh | Satisfied |
To see the full charge records of Sangam Fasteners Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Sangam Fasteners Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sangam Fasteners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sangam Fasteners Private Limited has a workforce of 33 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Sangam Fasteners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCS2351H1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sangam Fasteners Private Limited, buy the company report.
Recent activity
Sangam Fasteners Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Ishwarappa Sangappa Handigol ceased to be Managing Director on 01 Oct 2018.
8 earlier events are in the company report.
Frequently asked questions
Sangam Fasteners is an active private limited company based in Hubli, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 18 September 2000 (26+ years old) and is registered under CIN U80302KA2000PTC027793.
Sangam Fasteners has 2 current directors:
- Sangemesh Ishwarappa Handigol - Managing Director
- Ashwini Sangamesh Handigol - Director
The latest financial statements of Sangam Fasteners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sangam Fasteners is 29AAGCS2351H1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Sangam Fasteners is U80302KA2000PTC027793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sangam Fasteners was incorporated on 18 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sangam Fasteners by revenue are Unique Forge (Gujarat) Pvt Ltd, Aegis Punching Systems Private Limited, Yogi Hi-Tech Pvt Ltd, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Ishwarappa Sangappa Handigol ceased to be Managing Director on 01 Oct 2018. Ashwini Sangamesh Handigol was appointed as Director on 28 Sep 2018. Sangemesh Ishwarappa Handigol ceased to be Director on 28 Sep 2018. Sangam Fasteners has 4 board changes on record in total.
Sangam Fasteners can be reached through the website sangamfastners.com. Its registered office is in Hubli, Karnataka, India.
The registered office of Sangam Fasteners is at Plot No. B – 23 Sy No. 208 Kssidc Gamanagatti Industrial Estate, Hubli, Karnataka, India – 580025.
Sangam Fasteners operates in the machinery and equipment industry, in the industrial tools and components segment.
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