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
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
Sarisons Shoe Tech Private Limited's registered office is in Vellore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.1703 Phase II Sathuvachari, Vellore, Tamil Nadu, India – 632009
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Sarisons Shoe Tech Private Limited, buy the company report.
Comprehensive company report
Sarisons Shoe Tech 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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Secure checkout · GST invoice included
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sarisons Shoe Tech Private Limited, buy the company report.
Financials of Sarisons Shoe Tech Private Limited
FY 2024 filings availableSarisons 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.32 Lakh | ||||
| Balance Sheet | |||||
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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 | 4.2% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sarisons Shoe Tech Private Limited, buy the company report.
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
Sarisons Shoe Tech Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| 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 | |||
| Sarisons Shoe Tech Private Limitedthis company | ₹58.69 Cr (FY 2024) | ₹12.32 Lakh | 0.2% | -36.0% | 37 | Vellore, Tamil Nadu, 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 |
To see the full peer comparison of Sarisons Shoe Tech Private Limited, buy the company report.
Auditor
Sarisons Shoe Tech Private Limited is audited by T S SIVARAMAKRISHNAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T S SIVARAMAKRISHNAN & CO. | FY 2023 | 006009S |
Shareholding
The shareholding of Sarisons Shoe Tech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarisons Shoe Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.51 Cr
Satisfied charges
₹40.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2025 | 101087933 | Axis Bank Limited | ₹78.97 Lakh | Open | |
| 30 Jun 2023 | 100783883 | Canara Bank | ₹18.72 Cr | Open | |
| 26 Sep 2020 | 100389411 | Others | ₹2.75 Cr | Satisfied | |
| 25 Mar 2019 | 100274104 | Others | ₹14.6 Cr | Satisfied | |
| 21 Nov 2018 | 100227610 | Others | ₹9.51 Lakh | Satisfied |
To see the full charge records of Sarisons Shoe Tech Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
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.
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 |
|---|---|---|---|
| High Court, TAMIL NADU | Revision petition | Filed against the company by Eden Exports Company | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed by the company against Eden Exports Co and 1 other | Disposed |
To see the full case history of Sarisons Shoe Tech 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 Sarisons Shoe Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sarisons Shoe Tech Private Limited has a workforce of 37 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-5.13%
GST
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 |
To see the full GST registrations and return filing status of Sarisons Shoe Tech Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Shanmugasundaram Kanaga Sabapathy - Director
- Subbayyan Rithasabapathy - Director
The latest financial statements of Sarisons Shoe Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
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, Vardhaman Dye-Stuff Industries Private Limited and 1 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Shanmugasundaram Kanaga Sabapathy was appointed as Director on 21 Aug 2003. Subbayyan Rithasabapathy was appointed as Director on 21 Aug 2003.
Yes, Sarisons Shoe Tech is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0032088).
The registered office of Sarisons Shoe Tech is at No.1703 Phase II Sathuvachari, Vellore, Tamil Nadu, India – 632009.