Sarjan Synthetics Private Limited
About Sarjan Synthetics Private Limited
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Sarjan Synthetics Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 23 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC069546. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.77 Lakh. It is led by director Dhruv Ashokbhai Jagani (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 501 Trade Centre B/H. Ashoka Tower Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2015, the company reported a revenue of ₹94.34 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹17.72 Lakh (net margin 0.2%) and EBITDA of -₹11.51 Lakh (EBITDA margin -0.1%).
As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 23 cases involving the company, including 1 filed by the company and 22 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sarjan Synthetics Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 Trade Centre B/H. Ashoka Tower Ring Road, Surat, Gujarat, India – 395002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sarjan Synthetics Private Limited, buy the company report.
- 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
Financials of Sarjan Synthetics Private Limited
FY 2015 filings availableSarjan Synthetics Private Limited reported revenue of ₹94.34 Cr (up 19% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹94.34 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹11.51 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹17.72 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -0.1% |
| 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 | |
To see the full financial statements and ratios of Sarjan Synthetics Private Limited, buy the company report.
Board of directors of Sarjan Synthetics Private Limited
Sarjan Synthetics has 1 current director and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Ashokbhai Jagani Also directs: Hirika Jagani Fashion House Private Limited | Managing Director | 23 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Sarjan Synthetics Private Limited is audited by K A P S AND ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A P S AND ASSOCIATES | FY 2015 | 136126W |
Shareholding
The shareholding of Sarjan Synthetics Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sarjan Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2013 | 10471053 | Yes Bank Limited | ₹4.5 Cr | Open |
To see the full charge records of Sarjan Synthetics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sarjan Synthetics Private Limited has 23 court cases on record: 1 filed by Sarjan Synthetics, 22 filed against it. 5 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 5 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Capital First Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Yes Bank Ltd-Rakesh Verma | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Capital First Ltd Th.Mr. Pravin Malusare | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by M/S Hinduja Leyland Finance Ltd. | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against Authorised Officer, Yes Bank Ltd. Authorised Officer, Yes Bank Ltd. Surat Branch, Ground Floor, Magaldeep Ring Road, Near Mahavir Heart Hospital , District: Surat ,Surat , Gujarat | Disposed |
To see the full case history of Sarjan Synthetics 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 Sarjan Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sarjan Synthetics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sarjan Synthetics Private Limited, buy the company report.
Recent activity
Sarjan Synthetics Private Limited has 9 board changes on record since 2012: 5 appointments and 4 cessations. The latest: Jubin Navin Nandu ceased to be Additional Director on 10 Feb 2017.
2 earlier events are in the company report.
Frequently asked questions
Sarjan Synthetics is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 23 March 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC069546.
Sarjan Synthetics has 1 current director:
- Dhruv Ashokbhai Jagani - Managing Director
The latest financial statements of Sarjan Synthetics on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Sarjan Synthetics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sarjan Synthetics is U17120GJ2012PTC069546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarjan Synthetics has 23 court cases on record: 1 filed by the company and 22 filed against it. 5 are pending. Most are in the district courts.
Sarjan Synthetics was incorporated on 23 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jubin Navin Nandu ceased to be Additional Director on 10 Feb 2017. Hirika Ashokbhai Jagani ceased to be Director on 30 Dec 2016. Jubin Navin Nandu was appointed as Additional Director on 30 Dec 2016. Sarjan Synthetics has 9 board changes on record in total.
The registered office of Sarjan Synthetics is at 501 Trade Centre BH. Ashoka Tower Ring Road, Surat, Gujarat, India – 395002.
Sarjan Synthetics operates in the home and lifestyle industry, in the textile retail and distribution segment.
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