MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-GJ-20-0024704
Saptarshi Process Private Limited - energy and power in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹97.26 Lakh
▼ 9% YoY
Net profit · FY 2024
₹2,285
Net margin 0%
EBITDA · FY 2024
₹18.58 Lakh
EBITDA margin 19.1%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Satisfied charges
₹20 Lakh
No open charges
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Saptarshi Process Private Limited
Data last updated:
Saptarshi Process Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2004PTC043910. Its GSTIN is 24AAICS0693N1ZW (Gujarat).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Jayantilal Dharamshibhai Ghoniya and Damyantiben Jayantilal Ghoniya.
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 'Ghonia' Gondal Road After Octroi Naka Beforem Rajkamal Petrol Pump, Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.26 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2,285 (net margin 0%) and EBITDA of ₹18.58 Lakh (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record.
Saptarshi Process Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0024704). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ghoniya.com.
Company details
CIN U31909GJ2004PTC043910
Registration Number 043910
Incorporation Date 05 April 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0024704
Key People
Jayantilal Dharamshibhai Ghoniya Director Damyantiben Jayantilal Ghoniya Director Jayrajbhai Jayantibhai Ghoniya Director Recognitions & Rankings of Saptarshi Process
Contact details
Saptarshi Process Private Limited's registered office is in Rajkot, Gujarat. Its website is ghoniya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address'Ghonia' Gondal Road After Octroi Naka Beforem Rajkamal Petrol Pump, Rajkot, Gujarat, India – 360004
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Saptarshi Process Private Limited, buy the company report.
Comprehensive company report
Saptarshi Process 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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Business activity
The main business activity of Saptarshi Process is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Saptarshi Process Private Limited, buy the company report.
Financials of Saptarshi Process Private Limited
FY 2025 filings availableSaptarshi Process Private Limited reported revenue of ₹97.26 Lakh (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹97.26 Lakh ▼ 9%
Net profit · FY 2024
₹2,285 margin 0%
EBITDA · FY 2024
₹18.58 Lakh margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 4%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 9%
5 years · compounded
▲ 13%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 30% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,285 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Saptarshi Process Private Limited, buy the company report.
Board of directors of Saptarshi Process Private Limited
Saptarshi Process has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Dharamshibhai Ghoniya | Director | 07 Dec 2018 | 7 Years 11 Months | Current |
| Damyantiben Jayantilal Ghoniya | Director | 07 Mar 2007 | 19 Years 8 Months | Current |
| Jayrajbhai Jayantibhai Ghoniya Also directs: Saptarshi Foods LLP, Shree Ram Electronics (India) LLP | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Saptarshi Process Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coils India Electronics Private Limited | ₹98.89 Lakh (FY 2025) | -54.0% | Faridabad, Haryana, India | |||
| Shree Electrocontrols Private Limited | ₹98.25 Lakh (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| Neptune Robotics Private Limited | ₹98.24 Lakh (FY 2025) | 168.0% | Mehsana, Gujarat, India | |||
| Saptarshi Process Private Limitedthis company | ₹97.26 Lakh (FY 2024) | ₹2,285 | 0% | -9.0% | Rajkot, Gujarat, India | |
| Nodm Power Supply Private Limited | ₹96.5 Lakh (FY 2025) | 20.0% | Ambala, Haryana, India |
To see the full peer comparison of Saptarshi Process Private Limited, buy the company report.
Auditor
Saptarshi Process Private Limited is audited by S C SHINGALA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C SHINGALA & ASSOCIATES | FY 2022 | 127873W |
Shareholding
The shareholding of Saptarshi Process Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saptarshi Process Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2004 | 90110792 | The Co-Operative Bank of Rajkot Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Saptarshi Process Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Saptarshi Process 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 Saptarshi Process Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saptarshi Process has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS0693N1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saptarshi Process Private Limited, buy the company report.
Recent activity
Saptarshi Process Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Jayantilal Dharamshibhai Ghoniya was appointed as Director on 07 Dec 2018.
AGM
Saptarshi Process Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saptarshi Process Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jayantilal Dharamshibhai Ghoniya was appointed as Director.
Ceased
Manish Parshottambhai Dobariya ceased to be Director.
Appointed
Jayrajbhai Jayantibhai Ghoniya was appointed as Director.
Ceased
Madhuben Bhagvanjibhai Ghoniya ceased to be Director.
Ceased
Nikhil Bhagvanjibhai Ghonia ceased to be Director.
Charges
A charge registered on 15 Sep 2004 via Charge ID 90110792 with The Co-Operative Bank Of Rajkot Ltd. was fully satisfied on 26 Feb 2011.
Charges
A charge with The Co-Operative Bank Of Rajkot Ltd. of Rs. 20.00 Lakh registered on 15 Sep 2004 with Charge ID 90110792 was modified on 27 Jan 2010.
Ceased
Nileshkumar Jayantilal Gajera ceased to be Director.
Appointed
Damyantiben Jayantilal Ghoniya was appointed as Director.
Charges
A charge with The Co-Operative Bank Of Rajkot Ltd. amounted to Rs. 20.00 Lakh with Charge ID 90110792 was registered on 15 Sep 2004.
1 earlier event is in the company report.
Frequently asked questions
Saptarshi Process is an active private limited company based in Rajkot, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 April 2004 (22+ years old) and is registered under CIN U31909GJ2004PTC043910.
Saptarshi Process has 3 current directors:
- Jayantilal Dharamshibhai Ghoniya - Director
- Damyantiben Jayantilal Ghoniya - Director
- Jayrajbhai Jayantibhai Ghoniya - Director
The latest financial statements of Saptarshi Process 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 Saptarshi Process is 24AAICS0693N1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Saptarshi Process is U31909GJ2004PTC043910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saptarshi Process was incorporated on 05 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Saptarshi Process by revenue are Coils India Electronics Private Limited, Shree Electrocontrols Private Limited, Neptune Robotics Private Limited, Nodm Power Supply Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jayantilal Dharamshibhai Ghoniya was appointed as Director on 07 Dec 2018. Manish Parshottambhai Dobariya ceased to be Director on 06 Jul 2018. Jayrajbhai Jayantibhai Ghoniya was appointed as Director on 22 Feb 2017. Saptarshi Process has 7 board changes on record in total.
Yes, Saptarshi Process is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0024704).
Saptarshi Process can be reached through the website ghoniya.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Saptarshi Process is at Ghonia Gondal Road After Octroi Naka Beforem Rajkamal Petrol Pump, Rajkot, Gujarat, India – 360004.
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