MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-07-0017883
Saru Syndicate Private Limited - machinery and equipment in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.41 Cr
▼ 56% YoY
Net loss · FY 2024
₹54.72 Lakh
Net margin -22.7%
EBITDA · FY 2024
-₹33.41 Lakh
EBITDA margin -13.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Saru Syndicate Private Limited
Data last updated:
Saru Syndicate Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 27 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U50500TZ2019PTC032186. Its GSTIN is 33ABCCS1192H1ZI (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Rukkumani Samiappan and Ravichandran Bharathi.
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 114 – 3 Mysore Trunk Road Sathyamangalam, Erode, Tamil Nadu, India – 638402.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.41 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹54.72 Lakh (net margin -22.7%) and EBITDA of -₹33.41 Lakh (EBITDA margin -13.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
Saru Syndicate Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0017883). For more details, the company can be reached via its website saruindia.com.
Company details
CIN U50500TZ2019PTC032186
Registration Number 032186
Incorporation Date 27 May 2019
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-TN-07-0017883
Recognitions & Rankings of Saru Syndicate
Contact details
Saru Syndicate Private Limited's registered office is in Erode, Tamil Nadu. Its website is saruindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address114 – 3 Mysore Trunk Road Sathyamangalam, Erode, Tamil Nadu, India – 638402
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Saru Syndicate Private Limited, buy the company report.
Comprehensive company report
Saru Syndicate 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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Business activity
The main business activity of Saru Syndicate 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 Saru Syndicate Private Limited, buy the company report.
Financials of Saru Syndicate Private Limited
FY 2024 filings availableSaru Syndicate Private Limited reported revenue of ₹2.41 Cr (down 56% YoY) for FY 2024.
Revenue · FY 2024
₹2.41 Cr ▼ 56%
Net loss · FY 2024
₹54.72 Lakh margin -22.7%
EBITDA · FY 2024
-₹33.41 Lakh margin -13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 203%
3 years · compounded
▼ 59%
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 56% fall in the latest year. EBITDA fell 203% 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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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹33.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | -13.9% | ||||
| Net Profit Margin | -22.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Saru Syndicate Private Limited, buy the company report.
Board of directors of Saru Syndicate Private Limited
Saru Syndicate has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rukkumani Samiappan | Director | 27 May 2019 | 7 Years 5 Months | Current |
| Ravichandran Bharathi | Director | 27 May 2019 | 7 Years 5 Months | Current |
Auditor
Saru Syndicate Private Limited is audited by ANBARASU & JALAPATHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANBARASU & JALAPATHI | FY 2023 | 010795S |
Shareholding
The shareholding of Saru Syndicate Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Saru Syndicate Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2020 | 100323983 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Saru Syndicate Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saru Syndicate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saru Syndicate has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABCCS1192H1ZI | Tamil Nadu | Active | 20 Jul 2019 |
To see the full GST registrations and return filing status of Saru Syndicate Private Limited, buy the company report.
Recent activity
Saru Syndicate Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ravichandran Bharathi was appointed as Director on 27 May 2019.
AGM
Saru Syndicate Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saru Syndicate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100323983 was registered on 30 Jan 2020.
Appointed
Ravichandran Bharathi was appointed as Director.
Appointed
Rukkumani Samiappan was appointed as Director.
Incorporation
27 May 2019
Saru Syndicate Private Limited was registered on 27 May 2019 with Roc Coimbatore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Saru Syndicate is an active private limited company based in Erode, Tamil Nadu, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 27 May 2019 (7+ years old) and is registered under CIN U50500TZ2019PTC032186.
Saru Syndicate has 2 current directors:
- Rukkumani Samiappan - Director
- Ravichandran Bharathi - Director
The latest financial statements of Saru Syndicate 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 FY 2020 are in the company report.
The GSTIN of Saru Syndicate is 33ABCCS1192H1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Saru Syndicate is U50500TZ2019PTC032186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saru Syndicate was incorporated on 27 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
Ravichandran Bharathi was appointed as Director on 27 May 2019. Rukkumani Samiappan was appointed as Director on 27 May 2019.
Yes, Saru Syndicate is registered as a small enterprise under Udyam registration (number: UDYAM-TN-07-0017883).
Saru Syndicate can be reached through the website saruindia.com. Its registered office is in Erode, Tamil Nadu, India.
The registered office of Saru Syndicate is at 114 – 3 Mysore Trunk Road Sathyamangalam, Erode, Tamil Nadu, India – 638402.
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