MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0038496
Sarasvathi Corrugated (India) Private Limited - packaging in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.15 Cr
▼ 27% YoY
Net profit · FY 2024
₹17.07 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹1.66 Cr
EBITDA margin 13.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.45 Cr
Issued & subscribed
Open charges
₹12 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
26
Provident fund records
About Sarasvathi Corrugated (India) Private Limited
Data last updated:
Sarasvathi Corrugated (India) Private Limited is a private limited company based in Chandigarh, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 17 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21022CH2018PTC042076. Its GSTIN is 03ABACS5940D1ZR (Punjab).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.45 Cr. It is led by directors including Lalit Kumar Bansal (Managing Director) and Sonia Bansal.
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 SCO 17 Sector 10 – D, Chandigarh, India – 160030.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.15 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹17.07 Lakh (net margin 1.4%) and EBITDA of ₹1.66 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Sarasvathi Corrugated (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0038496). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saraswatigroupdb.com.
Company details
CIN U21022CH2018PTC042076
Registration Number 042076
Incorporation Date 17 July 2018
ROC Chandigarh
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 Small
Udyam Registration UDYAM-PB-20-0038496
Recognitions & Rankings of Sarasvathi Corrugated (India)
Contact details
Sarasvathi Corrugated (India) Private Limited's registered office is in Chandigarh, Chandigarh. Its website is saraswatigroupdb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 17 Sector 10 – D, Chandigarh, India – 160030
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Sarasvathi Corrugated (India) Private Limited, buy the company report.
Comprehensive company report
Sarasvathi Corrugated (India) 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 Sarasvathi Corrugated (India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Sarasvathi Corrugated (India) Private Limited, buy the company report.
Financials of Sarasvathi Corrugated (India) Private Limited
FY 2025 filings availableSarasvathi Corrugated (India) Private Limited reported revenue of ₹12.15 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹12.15 Cr ▼ 27%
Net profit · FY 2024
₹17.07 Lakh margin 1.4%
EBITDA · FY 2024
₹1.66 Cr margin 13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 18%
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 10% 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 | ₹1.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 13.6% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Sarasvathi Corrugated (India) Private Limited, buy the company report.
Board of directors of Sarasvathi Corrugated (India) Private Limited
Sarasvathi Corrugated (India) has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonia Bansal Also directs: Punjab Pesticides Industeries Private Limited | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
| Priya Singla | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
| Mohan Lal Sharma | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Lalit Kumar Bansal | Managing Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Rohit Garg | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Sarasvathi Corrugated (India) Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishna Corrugators Private Limited | ₹12.29 Cr (FY 2024) | -19.0% | Palghar, Maharashtra, India | |||
| Umiya Board and Paper Mills Private Limited | ₹12.24 Cr (FY 2025) | 34.0% | Raipur, Chhattisgarh, India | |||
| Singh Bhawani Paper Mills Private Limited | ₹12.17 Cr (FY 2023) | 2456.0% | Kolkata, West Bengal, India | |||
| Sarasvathi Corrugated (India) Private Limitedthis company | ₹12.15 Cr (FY 2024) | ₹17.07 Lakh | 1.4% | -27.0% | 26 | Chandigarh, India |
| Kamala Board Box Pvt Ltd | ₹11.98 Cr (FY 2025) | -33.0% | Jagannathpur, West Bengal, India | |||
| Suryansh Pulp and Board Private Limited | ₹11.98 Cr (FY 2025) | 28.0% | Haryana, India |
To see the full peer comparison of Sarasvathi Corrugated (India) Private Limited, buy the company report.
Auditor
Sarasvathi Corrugated (India) Private Limited is audited by VINAYAK & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAYAK & ASSOCIATES | FY 2021 | 020012N |
Shareholding
The shareholding of Sarasvathi Corrugated (India) Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sarasvathi Corrugated (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2019 | 100314910 | Hdfc Bank Limited | ₹12 Cr | Open |
To see the full charge records of Sarasvathi Corrugated (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sarasvathi Corrugated (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company by Akmy Buildcon Private Limited | Disposed |
To see the full case history of Sarasvathi Corrugated (India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sarasvathi Corrugated (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sarasvathi Corrugated (India) Private Limited has a workforce of 26 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
-10.34%
GST
Sarasvathi Corrugated (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03ABACS5940D1ZR | Punjab | Active | 23 Aug 2018 |
To see the full GST registrations and return filing status of Sarasvathi Corrugated (India) Private Limited, buy the company report.
Recent activity
Sarasvathi Corrugated (India) Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Sonia Bansal ceased to be Additional Director on 31 Dec 2020.
AGM
Sarasvathi Corrugated (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sarasvathi Corrugated (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 08 Nov 2019 with Charge ID 100314910 was modified on 19 May 2022.
Ceased
Sonia Bansal ceased to be Additional Director.
Ceased
Priya Singla ceased to be Director.
Ceased
Lalit Kumar Bansal ceased to be Director.
Appointed
Priya Singla was appointed as Director.
Appointed
Sonia Bansal was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100314910 was registered on 08 Nov 2019.
Appointed
Lalit Kumar Bansal was appointed as Managing Director.
Appointed
Mohan Lal Sharma was appointed as Director.
Appointed
Rohit Garg was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Sarasvathi Corrugated (India) is an active private limited company based in Chandigarh, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 17 July 2018 (8+ years old) and is registered under CIN U21022CH2018PTC042076.
Sarasvathi Corrugated (India) has 5 current directors:
- Lalit Kumar Bansal - Managing Director
- Sonia Bansal - Director
- Priya Singla - Director
- Mohan Lal Sharma - Director
- Rohit Garg - Director
The latest financial statements of Sarasvathi Corrugated (India) 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 FY 2019 are in the company report.
The GSTIN of Sarasvathi Corrugated (India) is 03ABACS5940D1ZR, registered in Punjab.
The CIN (Corporate Identification Number) of Sarasvathi Corrugated (India) is U21022CH2018PTC042076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarasvathi Corrugated (India) has 1 court case on record: 1 filed against it.
Sarasvathi Corrugated (India) was incorporated on 17 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Sarasvathi Corrugated (India) by revenue are Krishna Corrugators Private Limited, Umiya Board and Paper Mills Private Limited, Singh Bhawani Paper Mills Private Limited, Kamala Board Box Pvt Ltd, Suryansh Pulp and Board Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Sonia Bansal ceased to be Additional Director on 31 Dec 2020. Priya Singla ceased to be Director on 30 Dec 2020. Lalit Kumar Bansal ceased to be Director on 21 Dec 2020. Sarasvathi Corrugated (India) has 8 board changes on record in total.
Yes, Sarasvathi Corrugated (India) is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0038496).
Sarasvathi Corrugated (India) can be reached through the website saraswatigroupdb.com. Its registered office is in Chandigarh, India.
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