MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0066416
Sare Team Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.59 Lakh
▼ 77% YoY
Net loss · FY 2024
₹12.44 Lakh
Net margin -346.2%
EBITDA · FY 2024
-₹11.78 Lakh
EBITDA margin -328%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹2.14 Cr
No open charges
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Sare Team Private Limited
Data last updated:
Sare Team Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2019PTC108923. Its GSTIN is 24ABCCS3026L1ZF (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Dineshkumar Patel and Beenaben Patel.
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 Plot No.13 Nishan Industrial Estate Changodar Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.59 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹12.44 Lakh (net margin -346.2%) and EBITDA of -₹11.78 Lakh (EBITDA margin -328%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years.
As per MCA filings, the company has satisfied charges of ₹2.14 Cr on record.
Sare Team Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0066416). For more details, the company can be reached via its website sare.team.
Company details
CIN U29100GJ2019PTC108923
Registration Number 108923
Incorporation Date 03 July 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0066416
Recognitions & Rankings of Sare Team
Contact details
Sare Team Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sare.team. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.13 Nishan Industrial Estate Changodar Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Sare Team Private Limited, buy the company report.
Comprehensive company report
Sare Team 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 Sare Team is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sare Team Private Limited, buy the company report.
Financials of Sare Team Private Limited
FY 2024 filings availableSare Team Private Limited reported revenue of ₹3.59 Lakh (down 77% YoY) for FY 2024.
Revenue · FY 2024
₹3.59 Lakh ▼ 77%
Net loss · FY 2024
₹12.44 Lakh margin -346.2%
EBITDA · FY 2024
-₹11.78 Lakh margin -328%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 66%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▼ 36%
Revenue has declined at a compounded annual rate (CAGR) of 66% over three years, including a 77% fall in the latest year. EBITDA rose 79% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -328% | ||||
| Net Profit Margin | -346.2% | ||||
| 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 Sare Team Private Limited, buy the company report.
Board of directors of Sare Team Private Limited
Sare Team has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshkumar Patel | Director | 03 Jul 2019 | 7 Years 3 Months | Current |
| Beenaben Patel | Director | 03 Jul 2019 | 7 Years 3 Months | Current |
| Vasantiben Patel | Director | 03 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Sare Team Private Limited is audited by D P A V & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D P A V & ASSOCIATES | FY 2020 | 139653W |
Shareholding
The shareholding of Sare Team Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sare Team Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2020 | 100348977 | Indian Bank | ₹12 Lakh | Satisfied | |
| 29 Jun 2020 | 100348966 | Indian Bank | ₹12 Lakh | Satisfied | |
| 19 Nov 2019 | 100308184 | Indian Bank | ₹95 Lakh | Satisfied | |
| 16 Nov 2019 | 100306945 | Indian Bank | ₹95 Lakh | Satisfied |
To see the full charge records of Sare Team Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Sare Team 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 Sare Team Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sare Team has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCCS3026L1ZF | Gujarat | Active | 17 Jul 2019 |
To see the full GST registrations and return filing status of Sare Team Private Limited, buy the company report.
Recent activity
Sare Team Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Beenaben Patel was appointed as Director on 03 Jul 2019.
AGM
Sare Team Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sare Team Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 08 Jul 2020 via Charge ID 100348977 with Indian Bank was fully satisfied on 03 Apr 2023.
Charges
A charge registered on 29 Jun 2020 via Charge ID 100348966 with Indian Bank was fully satisfied on 03 Apr 2023.
Charges
A charge registered on 19 Nov 2019 via Charge ID 100308184 with Indian Bank was fully satisfied on 03 Apr 2023.
Charges
A charge registered on 16 Nov 2019 via Charge ID 100306945 with Indian Bank was fully satisfied on 03 Apr 2023.
Charges
A charge with Indian Bank amounted to Rs. 12.00 Lakh with Charge ID 100348977 was registered on 08 Jul 2020.
Charges
A charge with Indian Bank amounted to Rs. 12.00 Lakh with Charge ID 100348966 was registered on 29 Jun 2020.
Charges
A charge with Indian Bank amounted to Rs. 95.00 Lakh with Charge ID 100308184 was registered on 19 Nov 2019.
Charges
A charge with Indian Bank amounted to Rs. 95.00 Lakh with Charge ID 100306945 was registered on 16 Nov 2019.
Appointed
Beenaben Patel was appointed as Director.
Appointed
Dineshkumar Patel was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Sare Team is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 03 July 2019 (7+ years old) and is registered under CIN U29100GJ2019PTC108923.
Sare Team has 3 current directors:
- Dineshkumar Patel - Director
- Beenaben Patel - Director
- Vasantiben Patel - Director
The latest financial statements of Sare Team 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 Sare Team is 24ABCCS3026L1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Sare Team is U29100GJ2019PTC108923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sare Team was incorporated on 03 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Beenaben Patel was appointed as Director on 03 Jul 2019. Dineshkumar Patel was appointed as Director on 03 Jul 2019. Vasantiben Patel was appointed as Director on 03 Jul 2019.
Yes, Sare Team is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0066416).
Sare Team can be reached through the website sare.team. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sare Team is at Plot No.13 Nishan Industrial Estate Changodar Sanand, Ahmedabad, Gujarat, India – 382213.
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