MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0032088
Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech Private Limited - chemicals and materials in Vellore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.69 Cr
▼ 36% YoY
Net profit · FY 2024
₹12.32 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹2.45 Cr
EBITDA margin 4.2%
Authorised capital
₹7.1 Cr
Registered with MCA
Paid-up capital
₹7.05 Cr
Issued & subscribed
Open charges
₹19.51 Cr
Satisfied ₹40.17 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
37
Provident fund records
About Sarisons Shoe Tech Private Limited
Data last updated:
Sarisons Shoe Tech Private Limited is a private limited company based in Vellore, Tamil Nadu, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 21 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19202TN2003PTC051416. Its GSTIN is 33AAHCS4006Q1Z5 (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹7.05 Cr. It was formerly known as Saba Soles Private Limited. It is led by directors Shanmugasundaram Kanaga Sabapathy and Subbayyan Rithasabapathy.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.1703 Phase II Sathuvachari, Vellore, Tamil Nadu, India – 632009.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.69 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹12.32 Lakh (net margin 0.2%) and EBITDA of ₹2.45 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 2% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.51 Cr and satisfied charges of ₹40.17 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Sarisons Shoe Tech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0032088). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company Details of Sarisons Shoe Tech Private Limited
CIN U19202TN2003PTC051416
Registration Number 051416
Incorporation Date 21 August 2003
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0032088
Recognitions & Rankings of Sarisons Shoe Tech
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.1703 Phase II Sathuvachari, Vellore, Tamil Nadu, India – 632009
- IndustryChemicals and Materials, Specialty Chemicals
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Business Activity of Sarisons Shoe Tech Private Limited
The main business activities of Sarisons Shoe Tech are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Sarisons Shoe Tech Private Limited FY 2024 filings available
Sarisons Shoe Tech Private Limited reported revenue of ₹58.69 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹58.69 Cr ▼ 36%
Net profit · FY 2024
₹12.32 Lakh margin 0.2%
EBITDA · FY 2024
₹2.45 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR) of Sarisons Shoe Tech Private Limited
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 16%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 63%
3 years · compounded
▲ 10%
5 years · compounded
▼ 9%
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 63% 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 Sarisons Shoe Tech Private Limited
| 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 | ₹2.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.32 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 Sarisons Shoe Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Sarisons Shoe Tech are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanmugasundaram Kanaga Sabapathy | Director | 21 Aug 2003 | 23 Years 2 Months | Current |
| Subbayyan Rithasabapathy Also directs: Surya Pelle Chemical & Mould Private Limited | Director | 21 Aug 2003 | 23 Years 2 Months | Current |
Peer Comparison of Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vyankatesh Udyog (India) Private Limited | ₹60.73 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Nagpur, Maharashtra, India |
| Harsh Organo-Chem (India) Private Limited | ₹60.72 Cr (FY 2022) | •••• | •••• | 6.0% | •••• | Gujarat, India |
| Westtek Enterprises Private Limited | ₹60.5 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Manipal, Karnataka, India |
| Vanvid Chemicals Private Limited | ₹59.73 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Globex Laboratories (R&D) Limited | ₹58.98 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Sarisons Shoe Tech Private Limited this company | ₹58.69 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Vellore, Tamil Nadu, India |
| Marpol Private Limited | ₹58.01 Cr (FY 2021) | •••• | •••• | -2.0% | •••• | South Goa, Goa, India |
| Evergreen Dyestuff Industries Private Limited | ₹57.79 Cr (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Vardhaman Dye-Stuff Industries Private Limited | ₹57.47 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Technichem Organics Limited | ₹57.46 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
| Ceradecor India Private Limited | ₹57.4 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Sarisons Shoe Tech by revenue in the Chemicals industry (Dyes and Pigments), 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 Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech Private Limited is audited by T S SIVARAMAKRISHNAN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T S SIVARAMAKRISHNAN & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Sarisons Shoe Tech Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Sarisons Shoe Tech Private Limited
Open charges
₹19.51 Cr
Satisfied charges
₹40.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2025 | Axis Bank Limited | ₹78.97 Lakh | Open |
| 30 Jun 2023 | Canara Bank | ₹18.72 Cr | Open |
| 26 Sep 2020 | Others | ₹2.75 Cr | Satisfied |
| 25 Mar 2019 | Others | ₹14.6 Cr | Satisfied |
| 21 Nov 2018 | Others | ₹9.51 Lakh | Satisfied |
Total charge records: 12 View all charges
Legal Cases of Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech Private Limited has 2 court cases on record: 1 filed by Sarisons Shoe Tech, 1 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Revision petition | Filed against the company by Eden Exports Company | Disposed |
| Madras High Court | Revision petition | Filed by the company against Eden Exports Co | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech Private Limited has a workforce of 37 employees as of Mar 22, 2024.
Employee count
37
Active EPFO establishments
1
Employee growth
-5.13%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Shanmugasundaram Kanaga Sabapathy was appointed as Director on 21 Aug 2003.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.79 Cr with Charge ID 101087933 was registered on 23 Jan 2025.
AGM
Sarisons Shoe Tech Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Sarisons Shoe Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 26 Sep 2020 via Charge ID 100389411 with Others was fully satisfied on 14 Mar 2024.
Charges
A charge registered on 25 Mar 2019 via Charge ID 100274104 with Others was fully satisfied on 14 Mar 2024.
Charges
A charge with Canara Bank amounted to Rs. 18.72 Cr with Charge ID 100783883 was registered on 30 Jun 2023.
Charges
A charge registered on 29 May 2017 via Charge ID 100150182 with Others was fully satisfied on 04 Jan 2022.
Charges
A charge with Others amounted to Rs. 2.75 Cr with Charge ID 100389411 was registered on 26 Sep 2020.
Charges
A charge registered on 21 Nov 2018 via Charge ID 100227610 with Others was fully satisfied on 18 Feb 2020.
Charges
A charge registered on 09 Aug 2017 via Charge ID 100136415 with Others was fully satisfied on 25 Oct 2019.
Charges
A charge registered on 09 Jan 2014 via Charge ID 10473782 with Yes Bank Limited was fully satisfied on 18 Jun 2019.
Charges
A charge with Others amounted to Rs. 14.60 Cr with Charge ID 100274104 was registered on 25 Mar 2019.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sarisons Shoe Tech Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Sarisons Shoe Tech Private Limited
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MSME payment history
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Subsidiaries & Group Companies of Sarisons Shoe Tech Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCS4006Q1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
| 32AAHCS4006Q2Z6 | Kerala | Active | 03 Aug 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Sarisons Shoe Tech Private Limited
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MCA filings and documents
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Frequently Asked Questions about Sarisons Shoe Tech Private Limited
Sarisons Shoe Tech is an active private limited company based in Vellore, Tamil Nadu, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 21 August 2003 (23+ years old) and is registered under CIN U19202TN2003PTC051416.
Sarisons Shoe Tech reported revenue of ₹58.69 Cr for FY 2024 (down 36% YoY).
Sarisons Shoe Tech has 2 current directors:
- Shanmugasundaram Kanaga Sabapathy - Director
- Subbayyan Rithasabapathy - Director
Sarisons Shoe Tech reported a net profit of ₹12.32 Lakh (net margin 0.2%) and EBITDA of ₹2.45 Cr (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sarisons Shoe Tech is 16% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sarisons Shoe Tech is 33AAHCS4006Q1Z5, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 32AAHCS4006Q2Z6 (Kerala).
The CIN (Corporate Identification Number) of Sarisons Shoe Tech is U19202TN2003PTC051416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarisons Shoe Tech has 2 court cases on record: 1 filed by the company and 1 filed against it.
Sarisons Shoe Tech was incorporated on 21 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sarisons Shoe Tech by revenue are Vyankatesh Udyog (India) Private Limited, Harsh Organo-Chem (India) Private Limited, Westtek Enterprises Private Limited, Vanvid Chemicals Private Limited, Globex Laboratories (R&D) Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).
Shanmugasundaram Kanaga Sabapathy was appointed as Director on 21 Aug 2003. Subbayyan Rithasabapathy was appointed as Director on 21 Aug 2003.