Sargam Projects Private Limited
About Sargam Projects Private Limited
Data last updated:
Sargam Projects Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 29 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1997PTC032207. Its GSTIN is 24AADCS3278A1ZP (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.53 Lakh. It is led by directors including Sarathkumar Rajendrakumar Iyyani and Rajendrakumar Govindan Iyyani.
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 557 Krishna Nagarsociety Ichhapore Hazira Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.98 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹40.66 Lakh (net margin 2.3%) and EBITDA of ₹1.08 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 36% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80.14 Lakh and satisfied charges of ₹21.77 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No 557 Krishna Nagarsociety Ichhapore Hazira Road, Surat, Gujarat, India – 395002
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Business Activity of Sargam Projects Private Limited
The main business activity of Sargam Projects is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sargam Projects Private Limited FY 2024 filings available
Sargam Projects Private Limited reported revenue of ₹17.98 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sargam Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 20% growth in the latest year. EBITDA rose 11% 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 of Sargam Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.66 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 of Sargam Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sargam Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sargam Projects Private Limited
Sargam Projects Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lahane Construction Private Limited | ₹18.04 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Latur, Maharashtra, India |
| Dignus Infra Private Limited | ₹18.03 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Chandigarh, India |
| Mangalmurti Conchem Private Limited | ₹18.01 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Vadodara, Gujarat, India |
| Jasvit Constructions Private Limited | ₹18 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | New Delhi, Delhi, India |
| M Y C Infra Private Limited | ₹18 Cr (FY 2024) | •••• | •••• | -65.0% | •••• | Noida, Uttar Pradesh, India |
| Sargam Projects Private Limited this company | ₹17.98 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| Latyan Infrastructure Private Limited | ₹17.96 Cr (FY 2025) | •••• | •••• | 3922.0% | •••• | New Delhi, Delhi, India |
| Goldenera Constructions & Infra Private Limited | ₹17.95 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | New Delhi, Delhi, India |
| Abhi Transmissions Private Limited | ₹17.94 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Nellore, Andhra Pradesh, India |
| Rajesh Kumar Constructions Private Limited | ₹17.93 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ghatsila, Jharkhand, India |
| Decent Decor Private Limited | ₹17.92 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sargam Projects by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sargam Projects Private Limited
Sargam Projects Private Limited is audited by AGARWAL GOYAL & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGARWAL GOYAL & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sargam Projects Private Limited
Sargam Projects has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarathkumar Rajendrakumar Iyyani | Director | 11 Nov 2023 | 2 Years 10 Months | Current |
| Rajendrakumar Govindan Iyyani | Director | 29 Apr 1997 | 29 Years 5 Months | Current |
| Latha Rajendrakumar Iyyani | Director | 29 Apr 1997 | 29 Years 5 Months | Current |
Ownership and Shareholding of Sargam Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sargam Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2025 | Bank of India | ₹10 Lakh | Open |
| 13 Feb 2024 | Hdfc Bank Limited | ₹6 Lakh | Open |
| 22 Oct 2021 | Hdfc Bank Limited | ₹32.07 Lakh | Open |
| 31 Aug 2021 | Tata Capital Financial Services Limited | ₹32.07 Lakh | Open |
| 26 Dec 2016 | Others | ₹8.75 Lakh | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Sargam Projects Private Limited
Sargam Projects Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri A. B. Gorasiya, Ispector of Inspection of Building and Other Construction, Surat | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sargam Projects Private Limited
Sargam Projects Private Limited has a workforce of 27 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sargam Projects Private Limited
Sargam Projects Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Sarathkumar Rajendrakumar Iyyani was appointed as Director on 11 Nov 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sargam Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sargam Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sargam Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sargam Projects Private Limited
Sargam Projects has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3278A1ZP | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sargam Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sargam Projects Private Limited
Sargam Projects is an active private limited company based in Surat, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 29 April 1997 (29+ years old) and is registered under CIN U45201GJ1997PTC032207.
Sargam Projects reported revenue of ₹17.98 Cr for FY 2025 (up 20% YoY).
Sargam Projects has 3 current directors:
- Sarathkumar Rajendrakumar Iyyani - Director
- Rajendrakumar Govindan Iyyani - Director
- Latha Rajendrakumar Iyyani - Director
Sargam Projects reported a net profit of ₹40.66 Lakh (net margin 2.3%) and EBITDA of ₹1.08 Cr (EBITDA margin 6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sargam Projects is 59% over three years and 36% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sargam Projects is 24AADCS3278A1ZP, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sargam Projects is U45201GJ1997PTC032207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sargam Projects has 2 court cases on record: 2 filed against it.
Sargam Projects was incorporated on 29 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sargam Projects by revenue are Lahane Construction Private Limited, Dignus Infra Private Limited, Mangalmurti Conchem Private Limited, Jasvit Constructions Private Limited, M Y C Infra Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Sarathkumar Rajendrakumar Iyyani was appointed as Director on 11 Nov 2023. Latha Rajendrakumar Iyyani was appointed as Director on 29 Apr 1997. Rajendrakumar Govindan Iyyani was appointed as Director on 29 Apr 1997.