Sayaji Industries Limited - Company Profile

Q: Who are the current directors of Sayaji Industries Limited?

The current directors of Sayaji Industries Limited are Bharat Pranjivandas Mandalia, Sujata Priyambhai Mehta, Mrunal Upendra Gandhi, Amit Nareshchandra Shah, Jaysheel Paranjay Hazarat, Manan Rajesh Shah, Priyambhai Bipinbhai Mehta, Varun Priyam Mehta, Vishal Priyam Mehta, Chiranjiv Chiragbhai Patel, Birad Yajnik.

It is a food and beverages public limited company based in Ahmedabad, Gujarat, India, established in 1941.

1941 Ahmedabad, Gujarat, India Active

Last Updated: January 09, 2026

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About Sayaji Industries Limited

Sayaji Industries Limited, a active public limited company, was established on 30 January 1941 in Ahmedabad, Gujarat, India. Engaging in organic & health foods within the manufacturing sector, it holds CIN: L99999GJ1941PLC000471. Registered under ROC Roc Ahmedabad. it is listed on BSE: 540728. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹12.64 Cr.

Formerly known as Maize Products Limited, Sayaji Mills Limited. It upholds a compliant status. In 2019, it reported revenue of ₹626.13 Cr and a net worth of ₹80.43 Cr. Employing 664 professional, Its leadership includes Bharat Pranjivandas Mandalia (Director), Sujata Priyambhai Mehta (Director), Mrunal Upendra Gandhi (Director). Past directors included Bharat Pranjivandas Mandalia, Sujata Priyambhai Mehta, Mrunal Upendra Gandhi. It holds ₹431.38 Cr open charges and ₹172.47 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at P.O Kathwada Maize Products, Ahmedabad, Gujarat, 382430.

Company Details

CIN/LLPIN
L99999GJ1941PLC000471
Registration Number
000471
Incorporation Date
30 January 1941
Authorized Capital
₹15.00 Cr
Paid-Up Capital
₹12.64 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 540728)
Company Status
Active

Key Metrics

Authorised Capital ₹ 15.00 Cr as on 09-01-2026
Paid Up Capital ₹ 12.64 Cr as on 09-01-2026
Company Age 85 Year, 18 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 431.38 Cr as on 09-01-2026
Satisfied Charges ₹ 172.47 Cr as on 09-01-2026
Revenue Growth **** 6.08% (FY 2019)
Profit Growth **** 364.15% (FY 2019)
Ebitda **** 8.41% (FY 2019)
Net Worth 41.47% (FY 2019)
Total Assets **** 27.64% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Sayaji Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sayaji Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Bharat Pranjivandas Mandalia	Director	01 Apr 2024	Current
Sujata Priyambhai Mehta	Director	14 Nov 2013	Current
Mrunal Upendra Gandhi	Director	01 Apr 2024	Current
Amit Nareshchandra Shah	Whole-Time Director	13 Jul 2020	Current
Jaysheel Paranjay Hazarat	Director	03 Nov 2018	Current
Varun Priyam Mehta	Ceo	08 Jun 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	28 Jun 2024	Past
Pramod Abcsdd	Additional Director	26 Jul 2014	Past
Pramod Abcsdd	Additional Director	28 Jun 2024	Past
Pramod Abcsdd	Additional Director	28 Sep 2020	Past
Pramod Abcsdd	Additional Director	07 Aug 2019	Past
Pramod Abcsdd	Additional Director	16 Jan 2010	Past

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Financial Performance of Sayaji Industries.

Sayaji Industries Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 6.08% increase. The company also saw a substantial improvement in profitability, with a 364.15% increase in profit. The company's net worth Soared by an impressive increase of 41.47%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

6.08%

*******

Revenue from Operations

*******

5.85%

*******

Total Assets

*******

27.64%

*******

Profit or Loss

*******

364.15%

*******

Net Worth

*******

41.47%

*******

EBITDA

*******

8.41%

*******

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What is the Ownership and Shareholding Structure of Sayaji Industries?

In 2024, Sayaji Industries had a promoter holding of 74.97% and a public holding of 25.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹4,313,803,000.00

Satisfied Charges

₹1,724,666,200.00

Charges Breakdown by Lending Institutions

Others : 430.36 Cr
Hdfc Bank Limited : 1.03 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Jan 2025	Others	₹23.50 Cr	Open
07 Mar 2024	Others	₹7.48 M	Open
26 Feb 2024	Others	₹5.00 M	Open
29 Nov 2023	Others	₹4.47 M	Open
16 Nov 2022	Hdfc Bank Limited	₹3.55 M	Open

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How Many Employees Work at Sayaji Industries?

Sayaji Industries has a workforce of 664 employees as of Jan 22, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sayaji Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sayaji Industries's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sayaji Industries

Recent Activity within the Organization

Charges

Progress on A charge with Others of Rs. 203.31 Cr registered on 28 Nov 2018 with Charge ID 100223568 was modified on 29 Nov 2025. was documented.
29 Nov 2025
Annual General Meeting

The activity Sayaji Industries Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.
25 Sep 2025
Charges

Progress on A charge with Others of Rs. 201.85 Cr registered on 10 Oct 2018 with Charge ID 100220540 was modified on 02 Aug 2025. was documented.
02 Aug 2025
Balance Sheet

Progress on Sayaji Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Charges

The activity A charge with Others amounted to Rs. 23.50 Cr with Charge ID 101039182 was registered on 10 Jan 2025. was completed.
10 Jan 2025
Director Appointment

The activity Bharat Pranjivandas Mandalia was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was completed.
01 Apr 2024

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