Sara Elgi Arteriors Limited

Sara Elgi Arteriors Limited - musical instruments in Coimbatore, Tamil Nadu, India. Directors, charges & compliance details.
CIN U28111TZ2003PLC010797 Incorporated 16 October 2003 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Merged Public Limited Company musical instruments
Data last updated
Revenue · FY 2016
₹1.78 Cr
Latest filing
Net loss · FY 2016
₹4.73 Lakh
Net margin -2.7%
EBITDA · FY 2016
₹1.52 Lakh
EBITDA margin 0.9%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Satisfied charges
₹5.4 Cr
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
4
Provident fund records

About Sara Elgi Arteriors Limited

Data last updated:

Sara Elgi Arteriors Limited was a public limited company based in Coimbatore, Tamil Nadu, India, operated as a subsidiary of Super Spinning Mills Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the musical instrument segment of the musical instruments sector. It was incorporated on 16 October 2003.

The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U28111TZ2003PLC010797. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was led by directors including Sumanth Ramamurthi Hemalatha and Ponraj Nagarajan.

Its last annual general meeting (AGM) was held on 25 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Elgi Towers 737 Dpuliakulam Road Puliakulam Road, Coimbatore, Tamil Nadu, India – 641045.

As per the financials filed for FY 2016, the company reported a revenue of ₹1.78 Cr. For the same year it recorded a net loss of ₹4.73 Lakh (net margin -2.7%) and EBITDA of ₹1.52 Lakh (EBITDA margin 0.9%).

The company had about 4 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.

As per MCA filings, the company had satisfied charges of ₹5.4 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.

Company details

CIN U28111TZ2003PLC010797
Registration Number 010797
Incorporation Date 16 October 2003
ROC Coimbatore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 25 July 2016
Date of Balance Sheet 31 March 2016
Parent Company Super Spinning Mills Limited

Contact details

Sara Elgi Arteriors Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Elgi Towers 737 Dpuliakulam Road Puliakulam Road, Coimbatore, Tamil Nadu, India – 641045
  • Industry
    Musical Instruments, Musical Instrument, Sports Goods, Jewellery, Manufacturing

To see the full contact details of Sara Elgi Arteriors Limited, buy the company report.

Comprehensive company report
Sara Elgi Arteriors 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 Sara Elgi Arteriors is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Sara Elgi Arteriors Limited, buy the company report.

Financials of Sara Elgi Arteriors Limited

FY 2016 filings available

Sara Elgi Arteriors Limited reported revenue of ₹1.78 Cr for FY 2016.

Revenue · FY 2016
₹1.78 Cr
Net loss · FY 2016
₹4.73 Lakh margin -2.7%
EBITDA · FY 2016
₹1.52 Lakh margin 0.9%

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹1.78 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.52 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.73 Lakh
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 2015-16FY 2014-15
Profitability
EBITDA Margin0.9%
Net Profit Margin-2.7%
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 Sara Elgi Arteriors Limited, buy the company report.

Board of directors of Sara Elgi Arteriors Limited

Sara Elgi Arteriors has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ponraj NagarajanAdditional Director24 Nov 20169 Years 11 MonthsAs last reported
Natarajan RavichandranAdditional Director24 Nov 20169 Years 11 MonthsAs last reported
Sumanth Ramamurthi HemalathaDirector30 Aug 200818 Years 2 MonthsAs last reported

Auditor

Sara Elgi Arteriors Limited is audited by S MURALI DHARAN & CO for the financial year 2016.

Auditor firmFinancial yearFirm registration number
S MURALI DHARAN & COFY 2016009617S

Shareholding

The shareholding of Sara Elgi Arteriors Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sara Elgi Arteriors Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹5.4 Cr
Breakdown by lending institutions
Indian Bank₹5.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Oct 201310457109Indian Bank₹1.4 CrSatisfied
13 Jul 200490004390Indian Bank₹4 CrSatisfied

To see the full charge records of Sara Elgi Arteriors Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sara Elgi Arteriors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Sara Elgi Arteriors has 1 subsidiary company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Elgi Building Products LimitedU45201TZ1996PLC007037

To see the full group structure of Sara Elgi Arteriors Limited, buy the company report.

GST

Sara Elgi Arteriors has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Sara Elgi Arteriors Limited, buy the company report.

Recent activity

Sara Elgi Arteriors Limited has 10 board changes on record since 2007: 3 appointments and 7 cessations. The latest: Annavaram Sundaram Thirumoorthy ceased to be Director on 24 Nov 2016.

Charges
A charge registered on 09 Oct 2013 via Charge ID 10457109 with Indian Bank was fully satisfied on 16 Feb 2017.
Ceased
Annavaram Sundaram Thirumoorthy ceased to be Director.
Appointed
Natarajan Ravichandran was appointed as Additional Director.
Appointed
Ponraj Nagarajan was appointed as Additional Director.
Ceased
Sumanth Ramamurthi ceased to be Director.
AGM
Sara Elgi Arteriors Limited last Annual general meeting of members was held on 25 Jul 2016 as per latest MCA records.
Filing
Sara Elgi Arteriors Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Coimbatore.
Charges
A charge registered on 13 Jul 2004 via Charge ID 90004390 with Indian Bank was fully satisfied on 27 Dec 2013.
Charges
A charge with Indian Bank amounted to Rs. 1.40 Cr with Charge ID 10457109 was registered on 09 Oct 2013.
Ceased
Krishnama Naidu Ramasamy Seethapathy ceased to be Director.
Ceased
Sumanth Ramamurthi Hemalatha ceased to be Additional Director.
Ceased
Ravindrakumar ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Sara Elgi Arteriors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Sara Elgi Arteriors was a public limited company based in Coimbatore, Tamil Nadu, India. The company worked in musical instrument, within the musical instruments industry. It was incorporated on 16 October 2003 and is registered under CIN U28111TZ2003PLC010797. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Sara Elgi Arteriors was incorporated on 16 October 2003. It is registered with the Registrar of Companies, Coimbatore.

Sara Elgi Arteriors had 3 directors:

The CIN (Corporate Identification Number) of Sara Elgi Arteriors is U28111TZ2003PLC010797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Sara Elgi Arteriors is at Elgi Towers 737 Dpuliakulam Road Puliakulam Road, Coimbatore, Tamil Nadu, India – 641045.

The latest financial statements of Sara Elgi Arteriors on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 25 July 2016. Year-wise statements from 2015 are in the company report.

No. Sara Elgi Arteriors has 2 GST registrations on record and all of them are cancelled or inactive.

Sara Elgi Arteriors operated in the musical instruments industry, in the musical instrument segment.

Sara Elgi Arteriors has 3 court cases on record: 3 filed by the company. Most are in the high courts.