Saro Plastics Private Limited
About Saro Plastics Private Limited
Data last updated:
Saro Plastics Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, a subsidiary of Goldrush Sales & Services. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 08 November 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U25209UP1982PTC005838. Its GSTIN is 09AAECS0220M2ZE (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹32.68 Lakh. It is led by directors Drigesh Shripati Yadav and Rajesh Shripati Yadav.
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 9 Hal Ancillary Ismailganj Faizabad Road, Lucknow, Uttar Pradesh, India – 226016.
As per the financials filed for FY 2025, the company reported a revenue of ₹55,650, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2,059 (net margin 3.7%) and EBITDA of ₹3,098 (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹97.72 Cr and satisfied charges of ₹26.65 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saro Plastics Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 Hal Ancillary Ismailganj Faizabad Road, Lucknow, Uttar Pradesh, India – 226016
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Saro Plastics 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
Business activity
The main business activity of Saro Plastics is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Saro Plastics Private Limited, buy the company report.
Financials of Saro Plastics Private Limited
FY 2024 filings availableSaro Plastics Private Limited reported revenue of ₹55,650 (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 9% fall in the latest year. EBITDA fell 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3,098 | ||||
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| Net Profit (PAT) | ₹2,059 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Saro Plastics Private Limited, buy the company report.
Board of directors of Saro Plastics Private Limited
Saro Plastics has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Drigesh Shripati Yadav | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
| Rajesh Shripati Yadav | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Saro Plastics Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Morningcars Tech Private Limited | ₹57,097 (FY 2021) | Gurugram, Haryana, India | ||||
| CPL Motors Private Limited | ₹56,530 (FY 2020) | 186.0% | Pathankot, Punjab, India | |||
| Saro Plastics Private Limitedthis company | ₹55,650 (FY 2025) | ₹2,059 | 3.7% | -9.0% | Lucknow, Uttar Pradesh, India | |
| N. D. Cars Private Limited | ₹55,500 (FY 2018) | -95.0% | Chandrapur, Maharashtra, India | |||
| Spinny Autorev Private Limited | ₹55,301 (FY 2025) | 12.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Saro Plastics Private Limited, buy the company report.
Auditor
Saro Plastics Private Limited is audited by R.N. KHANNA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.N. KHANNA & CO. | FY 2023 | 000546C |
Shareholding
The shareholding of Saro Plastics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saro Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2024 | 101034300 | Others | ₹62.13 Cr | Open | |
| 27 Apr 2023 | 100713465 | Others | ₹30.71 Cr | Open | |
| 10 Nov 2020 | 100391420 | Others | ₹76.88 Lakh | Open | |
| 31 Oct 2018 | 100228548 | Others | ₹4.11 Cr | Open | |
| 24 Apr 1997 | 80055599 | Upfc | ₹16.65 Lakh | Satisfied |
To see the full charge records of Saro Plastics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Saro Plastics Private Limited has 3 court cases on record: 2 filed by Saro Plastics, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Ms Bisleri International P. Ltd. | Disposed |
| Allahabad High Court | Court case (STRE) | Filed by the company against Commissioner of Trade Tax Lucknow | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Saro Plastics 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 Saro Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saro Plastics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECS0220M2ZE | Uttar Pradesh | Active | 21 Feb 2021 |
To see the full GST registrations and return filing status of Saro Plastics Private Limited, buy the company report.
Recent activity
Saro Plastics Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Syed Mehmood Jamal Wasti ceased to be Director on 01 Dec 2023.
11 earlier events are in the company report.
Frequently asked questions
Saro Plastics is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 08 November 1982 (44+ years old) and is registered under CIN U25209UP1982PTC005838.
Saro Plastics has 2 current directors:
- Drigesh Shripati Yadav - Director
- Rajesh Shripati Yadav - Director
The latest financial statements of Saro Plastics 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 2015 are in the company report.
The GSTIN of Saro Plastics is 09AAECS0220M2ZE, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saro Plastics is U25209UP1982PTC005838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saro Plastics has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Saro Plastics was incorporated on 08 November 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Saro Plastics by revenue are Morningcars Tech Private Limited, CPL Motors Private Limited, N. D. Cars Private Limited, Spinny Autorev Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Syed Mehmood Jamal Wasti ceased to be Director on 01 Dec 2023. Pradeep Agarwal ceased to be Director on 11 Jul 2020. Veena Agarwalla ceased to be Director on 11 Jul 2020. Saro Plastics has 9 board changes on record in total.
The registered office of Saro Plastics is at 9 Hal Ancillary Ismailganj Faizabad Road, Lucknow, Uttar Pradesh, India – 226016.
Saro Plastics operates in the automotive industry, in the auto dealership and trading segment.