Sav Industries Private Limited
About Sav Industries Private Limited
Data last updated:
Sav Industries Private Limited was a private limited company based in Rourkela, Odisha, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 August 1999.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U28112OR1999PTC005891. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹18.95 Cr and a paid-up capital of ₹18.94 Cr. It was led by directors Anand Kumar Agarwal and Ayush Agarwal.
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 was at Room No. 02 1st Floor Khalsa Niwas Iti Chowk Near Tarini Temple, Rourkela, Odisha, India – 769004.
As per the financials filed for FY 2015, the company reported a revenue of ₹89.5 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.1 Lakh (net margin -0.1%) and EBITDA of ₹1.85 Cr (EBITDA margin 2.1%).
As per MCA filings, the company had open charges of ₹99.46 Cr and satisfied charges of ₹29.01 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 7 cases are pending.
Company details
Contact details
Sav Industries Private Limited's registered office is in Rourkela, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No. 02 1st Floor Khalsa Niwas Iti Chowk Near Tarini Temple, Rourkela, Odisha, India – 769004
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Sav Industries 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 Sav Industries Private Limited
FY 2015 filings availableSav Industries Private Limited reported revenue of ₹89.5 Cr (down 27% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% 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 | ₹89.5 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.85 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.1 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 | 2.1% |
| Net Profit Margin | -0.1% |
| 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 Sav Industries Private Limited, buy the company report.
Board of directors of Sav Industries Private Limited
Sav Industries has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Kumar Agarwal | Director | 12 Dec 2014 | 11 Years 10 Months | As last reported |
| Ayush Agarwal Also directs: Trishakti Mineral Developers Private Limited, Salasar Ispat Limited, SRC Metalicks Private Limited and 5 more | Director | 09 Aug 2011 | 15 Years 2 Months | As last reported |
Auditor
Sav Industries Private Limited is audited by K D LATH & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K D LATH & CO | FY 2015 | 306011E |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2010 | 10291133 | State Bank of India | ₹99.46 Cr | Open | |
| 25 Mar 2004 | 90080239 | Union Bank of India | ₹27.56 Cr | Satisfied | |
| 06 Feb 2002 | 90079957 | Central Bank of India Rourekela Branch | ₹1.45 Cr | Satisfied |
To see the full charge records of Sav Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sav Industries Private Limited has 7 court cases on record: 7 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 7 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by an individual | Pending |
| District court, Cuttack, Orissa | Court case (2 (c)cc) | Filed against the company by Assistant Registrar of Companies | Pending |
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by Assistant Registrar of Companies | Pending |
To see the full case history of Sav Industries 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 Sav Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sav Industries Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Sav Industries 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 Sav Industries Private Limited, buy the company report.
Recent activity
Sav Industries Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Sanjay Kumar Agarwal ceased to be Director on 16 Oct 2015.
9 earlier events are in the company report.
Frequently asked questions
Sav Industries has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Sav Industries was a private limited company based in Rourkela, Odisha, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 August 1999 and is registered under CIN U28112OR1999PTC005891. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Sav Industries was incorporated on 26 August 1999. It is registered with the Registrar of Companies, Cuttack.
Sav Industries had 2 directors:
- Anand Kumar Agarwal - Director
- Ayush Agarwal - Director
The CIN (Corporate Identification Number) of Sav Industries is U28112OR1999PTC005891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sav Industries is at Room No. 02 1st Floor Khalsa Niwas Iti Chowk Near Tarini Temple, Rourkela, Odisha, India – 769004.
The latest financial statements of Sav Industries 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. Sav Industries has 1 GST registration on record and it is cancelled or inactive.
Sav Industries operated in the metals and minerals industry, in the metal manufacturing and processing segment.
Sav Industries has 7 court cases on record: 7 filed against it. 7 are pending.