- Category
- Micro (2024-25)
- Udyam number
- UDYAM-BR-26-0063684

SB Bags Private Limited
About SB Bags Private Limited
Data last updated:
SB Bags Private Limited is a private limited company based in Patna, Bihar, India, a subsidiary of Fly Industries (I) Private Limited. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 05 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U51900BR2002PTC009879. Its GSTIN is 10AAGCS9419J1Z9 (Bihar). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.29 Lakh. It was formerly known as Sb Intermediary Private Limited and Srisri Consultancy Services Private Limited. It is led by directors including Satish Kumar Banka and Sarita Banka.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 19 Sukriti Complex S. P. Verma Road, Patna, Bihar, India – 800001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.31 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 0.4%) and EBITDA of ₹13.59 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 20% over five years.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record.
SB Bags Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-26-0063684). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
SB Bags has undergone 2 name changes throughout its history. The company was previously known as Sb Intermediary Private Limited, and Srisri Consultancy Services Private Limited. The current legal name is Sb Bags Private Limited.
| Company Name | Status |
|---|---|
| SB Bags Private Limited | Current |
| Sb Intermediary Private Limited | Previous |
| Srisri Consultancy Services Private Limited | Previous |
CIN history
SB Bags has one previous CIN (Corporate Identification Number): U51109BR2002PTC009879. The current CIN is U51900BR2002PTC009879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900BR2002PTC009879 | Current |
| U51109BR2002PTC009879 | Previous |
Recognitions & Rankings of SB Bags
Contact details
SB Bags Private Limited's registered office is in Patna, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 19 Sukriti Complex S. P. Verma Road, Patna, Bihar, India – 800001
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of SB Bags 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 SB Bags is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SB Bags Private Limited, buy the company report.
Financials of SB Bags Private Limited
FY 2025 filings availableSB Bags Private Limited reported revenue of ₹3.31 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 28% fall in the latest year. EBITDA rose 53% 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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| EBITDA | ₹13.59 Lakh | ||||
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| Net Profit (PAT) | ₹1.45 Lakh | ||||
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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 | 4.1% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of SB Bags Private Limited, buy the company report.
Board of directors of SB Bags Private Limited
SB Bags has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Banka Also directs: Dadiji Snacks Private Limited, Dadiji Farmtech Private Limited, Fly Industries (I) Private Limited and 2 more | Director | 04 Aug 2016 | 10 Years 3 Months | Current |
| Sarita Banka Also directs: Fly Commercial Private Limited, Fly Commercial Private Limited | Director | 10 Jul 2015 | 11 Years 4 Months | Current |
| Gautam Kumar Also directs: Dadiji Snacks Private Limited, Dadiji Farmtech Private Limited, Fly Industries (I) Private Limited and 3 more | Director | 10 Jul 2015 | 11 Years 4 Months | Current |
Peer comparison
SB Bags Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aimz Spectrum Private Limited | ₹3.39 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Bee Luxe Private Limited | ₹3.36 Cr (FY 2017) | 68.0% | Bengaluru, Karnataka, India | |||
| SB Bags Private Limitedthis company | ₹3.31 Cr (FY 2024) | ₹1.45 Lakh | 0.4% | -28.0% | Patna, Bihar, India | |
| M.J. Footwear Private Limited | ₹3.3 Cr (FY 2024) | -13.0% | Delhi, India | |||
| Fogstar Private Limited | ₹3.26 Cr (FY 2024) | 547.0% | New Delhi, Delhi, India |
To see the full peer comparison of SB Bags Private Limited, buy the company report.
Auditor
SB Bags Private Limited is audited by A LOHIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A LOHIA & ASSOCIATES | FY 2021 | 007613C |
Shareholding
The shareholding of SB Bags Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SB Bags Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2016 | 10626689 | Icici Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of SB Bags Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving SB Bags 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 SB Bags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SB Bags has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
SB Bags has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAGCS9419J1Z9 | Bihar | Active | 01 Jul 2017 |
| 07AAGCS9419J1ZW | Delhi | Active | 24 Dec 2019 |
To see the full GST registrations and return filing status of SB Bags Private Limited, buy the company report.
Recent activity
SB Bags Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Satish Kumar Banka was appointed as Director on 04 Aug 2016.
Frequently asked questions
SB Bags is an active private limited company based in Patna, Bihar, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 05 August 2002 (24+ years old) and is registered under CIN U51900BR2002PTC009879.
SB Bags has 3 current directors:
- Satish Kumar Banka - Director
- Sarita Banka - Director
- Gautam Kumar - Director
The latest financial statements of SB Bags on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SB Bags is 10AAGCS9419J1Z9, registered in Bihar. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAGCS9419J1ZW (Delhi).
The CIN (Corporate Identification Number) of SB Bags is U51900BR2002PTC009879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SB Bags was incorporated on 05 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Patna.
The peers of SB Bags by revenue are Aimz Spectrum Private Limited, Bee Luxe Private Limited, M.J. Footwear Private Limited, Fogstar Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Satish Kumar Banka was appointed as Director on 04 Aug 2016. Satish Kumar Banka ceased to be Director on 20 Nov 2015. Sunil Agarwal ceased to be Director on 20 Nov 2015. SB Bags has 7 board changes on record in total.
Yes, SB Bags is registered as a micro enterprise under Udyam registration (number: UDYAM-BR-26-0063684).
The registered office of SB Bags is at G – 19 Sukriti Complex S. P. Verma Road, Patna, Bihar, India – 800001.
SB Bags operates in the consumer goods industry, in the accessories retail and distribution segment.

