- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-10-0002333

About Sarup Industries Limited
Data last updated:
Sarup Industries Limited is a public limited company based in Jalandhar, Punjab, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 27 July 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L19113PB1979PLC004014. Its GSTIN is 03AABCS8749J1Z2 (Punjab). The company holds 4 GST registrations, of which 2 are active. It is recorded as listed by MCA, but trading in its shares on BSE (514412) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.25 Cr. It was formerly known as Sarup Tanneries Private Limited and Sarup Tanneries Limited. It is led by directors including Simarjit Singh Bawa (Managing Director) and Atamjit Singh Bawa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Jalandhar, Punjab.
As per the financials filed for FY 2026, the company reported a revenue of ₹16.56 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹56 Lakh (net margin 3.4%) and EBITDA of ₹1.49 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 10% over five years.
The company has about 203 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sarup Industries. As per MCA filings, the company has open charges of ₹16.26 Cr and satisfied charges of ₹28.35 Cr on record. Court records list 29 cases involving the company, including 14 filed by the company and 15 filed against it; 6 cases are pending. The company has 14 deals on record (14 market trades); the latest was in August 2015. Its 4 peer companies in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 3 smaller; the largest is JDS Creations Private Limited with revenue of ₹20.45 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 5 micro and small suppliers.
Sarup Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0002333). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarupindustries.com.
Company details
Name history
Sarup Industries has undergone 2 name changes throughout its history. The company was previously known as Sarup Tanneries Private Limited, and Sarup Tanneries Limited. The current legal name is Sarup Industries Limited.
| Company Name | Status |
|---|---|
| Sarup Industries Limited | Current |
| Sarup Tanneries Private Limited | Previous |
| Sarup Tanneries Limited | Previous |
CIN history
Sarup Industries has one previous CIN (Corporate Identification Number): U19113PB1979PTC004014. The current CIN is L19113PB1979PLC004014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L19113PB1979PLC004014 | Current |
| U19113PB1979PTC004014 | Previous |
Recognitions & Rankings of Sarup Industries
Contact details
Sarup Industries Limited's registered office is in Jalandhar, Punjab. Its website is sarupindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP.O. Ramdasspura, Near Guru Ravidass Chowk, Jalandhar, Punjab, India – 144001
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Sarup Industries 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
Brands
Sarup Industries operates one associated brand: Sarup Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shoes are manufactured on a contract basis by Sarup Industries. | sarupindustries.com |
Business activity
The main business activity of Sarup Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sarup Industries Limited, buy the company report.
Financials of Sarup Industries Limited
FY 2026 filings availableSarup Industries Limited reported revenue of ₹16.56 Cr (up 1% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA fell 34% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.56 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Sarup Industries Limited, buy the company report.
Board of directors of Sarup Industries Limited
Sarup Industries has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atamjit Singh Bawa | Director | 29 Sep 2015 | 11 Years 0 Months | Current |
| Simarjit Singh Bawa | Managing Director | 18 May 2019 | 7 Years 5 Months | Current |
| Rajinder Kumar Bhatia | Director | 27 Aug 2021 | 5 Years 1 Months | Current |
| Kamal Jeet Sharma | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Ajay Kumar Sharma | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Harjinder Kaur | Director | 27 Feb 2024 | 2 Years 7 Months | Current |
Peer comparison
Sarup Industries Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JDS Creations Private Limited | ₹20.45 Cr (FY 2016) | -17.0% | New Delhi, Delhi, India | |||
| Indiport Footwear Private Limited | ₹20.09 Cr (FY 2025) | -5.0% | Ranipet, Tamil Nadu, India | |||
| Adda Uniglobe Private Limited | ₹20.07 Cr (FY 2025) | 59.0% | Delhi, India | |||
| Excelsior Leathers Pvt Ltd | ₹19.9 Cr (FY 2025) | -45.0% | Kolkata, West Bengal, India | |||
| Sarup Industries Limitedthis company | ₹16.56 Cr (FY 2026) | ₹56 Lakh | 3.4% | 1.0% | 203 | Jalandhar, Punjab, India |
To see the full peer comparison of Sarup Industries Limited, buy the company report.
Auditor
Sarup Industries Limited is audited by YK Sud & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YK Sud & Co | FY 2023 | 0000047N |
Shareholding
The shareholding of Sarup Industries 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 Sarup Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2007 | 10043061 | State Bank of India | ₹16.26 Cr | Open | |
| 13 Dec 2011 | 10323904 | Distt. Industries Centre | ₹30 Lakh | Satisfied | |
| 23 Oct 2002 | 90183034 | Punjab & Sind Bank | ₹1.91 Cr | Satisfied | |
| 10 Aug 2000 | 90178142 | Punjab & Sind Bank | ₹8.05 Cr | Satisfied | |
| 28 Apr 2000 | 90178101 | Punjab & Sind Bank | ₹8.05 Cr | Satisfied |
To see the full charge records of Sarup Industries Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Sarup Industries Limited has 14 deals on record (14 market trades); the latest was in August 2015.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Market trade | ₹45.8 Lakh | Buyer: an individual |
| Feb 2015 | Market trade | ₹60.3 Lakh | Buyer: Tradelink Exim (India) Private Limited Seller: an individual |
| Feb 2015 | Market trade | ₹40.1 Lakh | Buyer: an individual |
| Nov 2011 | Market trade | ₹15.5 Lakh | Buyer: an individual Seller: Camphar Securities and Advisory Private Limited |
| Mar 2011 | Market trade | ₹12.2 Lakh | Buyer: Camphar Securities and Advisory Private Limited Seller: Camel Foods Pvt. Ltd., |
To see the full deal history of Sarup Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sarup Industries Limited has 29 court cases on record: 14 filed by Sarup Industries, 15 filed against it. 6 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 9 | 3 |
| District courts | 11 | 5 | 3 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against Lakhani Footwear Private Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Henkel Adhesives Technologies India Private Limited | Disposed |
| District court, Jalandhar, Punjab | Civil suit | Filed by the company against Bhartiya International Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ms Bibby Financial Services India Pvt. Ltd. | Disposed |
| District court, Jalandhar, Punjab | Criminal miscellaneous application | Filed by the company against PLD International Pvt Ltd | Disposed |
To see the full case history of Sarup Industries 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
Sarup Industries Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 12 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bright Way Rubber | |||
| Dhingra Shoe Interlining Private Limited | |||
| Unifab Industries | |||
| Onkar Exim Private Limited. |
To see the full MSME payment records of Sarup Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sarup Industries Limited has a workforce of 203 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
GST
Sarup Industries has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCS8749J1Z2 | Punjab | Active | 01 Jul 2017 |
| 02AABCS8749J2Z3 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sarup Industries Limited, buy the company report.
Recent activity
Sarup Industries Limited has 31 board changes on record since 1994: 19 appointments and 12 cessations. The latest: Ashwani Arora ceased to be Director on 05 Sep 2025.
58 earlier events are in the company report.
News
Frequently asked questions
Sarup Industries is an active public limited company based in Jalandhar, Punjab, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 27 July 1979 (47+ years old) and is registered under CIN L19113PB1979PLC004014.
Sarup Industries has 6 current directors:
- Simarjit Singh Bawa - Managing Director
- Atamjit Singh Bawa - Director
- Rajinder Kumar Bhatia - Director
- Kamal Jeet Sharma - Director
- Ajay Kumar Sharma - Director
- Harjinder Kaur - Director
The latest financial statements of Sarup Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sarup Industries is 03AABCS8749J1Z2, registered in Punjab. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 02AABCS8749J2Z3 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Sarup Industries is L19113PB1979PLC004014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarup Industries is recorded as a listed company by MCA, but trading in its shares on BSE (514412) has been suspended, so they do not currently trade on a stock exchange.
Sarup Industries has 29 court cases on record: 14 filed by the company and 15 filed against it. 6 are pending. Most are in the high courts.
Sarup Industries was incorporated on 27 July 1979, making it 47+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sarup Industries has 14 deals on record (14 market trades); the latest was in August 2015.
The peers of Sarup Industries by revenue are JDS Creations Private Limited, Indiport Footwear Private Limited, Adda Uniglobe Private Limited, Excelsior Leathers Pvt Ltd, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Ashwani Arora ceased to be Director on 05 Sep 2025. Jagdish Chand ceased to be Director on 05 Sep 2025. Gurendra Singh Bedi ceased to be Director on 28 Jun 2024. Sarup Industries has 31 board changes on record in total.
Yes, Sarup Industries is registered as a small enterprise under Udyam registration (number: UDYAM-PB-10-0002333).