About Shree Sai Industries Private Limited
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Shree Sai Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 11 July 1995.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27300MH1995PTC090450. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.73 Cr. It is led by directors Kunal Jayprakash Vyas and Bipin Mafatlal Vyas.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 127 – A Masjid Bunderdarukhana Reay Road, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2016, the company reported a revenue of ₹183.69 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹91.04 Lakh (net margin 0.5%) and EBITDA of ₹4.87 Cr (EBITDA margin 2.7%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹96.75 Cr on record. Court records list 67 cases involving the company, including 35 filed by the company and 32 filed against it; 8 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.13 Cr; the latest was in December 2014. Its 5 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Amit Ispat Limited with revenue of ₹186.79 Cr.
The last known website on record is shrisaiindustries.com.
Company details
Contact details
Shree Sai Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is shrisaiindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address127 – A Masjid Bunderdarukhana Reay Road, Mumbai, Maharashtra, India – 400010
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Shree Sai 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
Business activity
The main business activity of Shree Sai Industries 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 Shree Sai Industries Private Limited, buy the company report.
Financials of Shree Sai Industries Private Limited
FY 2016 filings availableShree Sai Industries Private Limited reported revenue of ₹183.69 Cr (down 8% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹183.69 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.87 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹91.04 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.7% | |
| Net Profit Margin | 0.5% | |
| 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 Shree Sai Industries Private Limited, buy the company report.
Board of directors of Shree Sai Industries Private Limited
Shree Sai Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Jayprakash Vyas | Director | 15 Nov 2014 | 11 Years 11 Months | As last reported |
| Bipin Mafatlal Vyas | Director | 01 Nov 1996 | 30 Years 0 Months | As last reported |
Peer comparison
Shree Sai Industries Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal 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 |
|---|---|---|---|---|---|---|
| Amit Ispat Limited | ₹186.79 Cr (FY 2025) | -16.0% | Raipur, Chhattisgarh, India | |||
| Shree Balaji Steel Enterprises Private Limited | ₹186.06 Cr (FY 2025) | -29.0% | Jeedimetla, Telangana, India | |||
| L.K.Sons Alloy Private Limited | ₹185.33 Cr (FY 2024) | 12.0% | Pune, Maharashtra, India | |||
| Shree Sai Industries Private Limitedthis company | ₹183.69 Cr (FY 2016) | ₹91.04 Lakh | 0.5% | -8.0% | Mumbai, Maharashtra, India | |
| Sayarmal Infra Metals Private Limited | ₹182.97 Cr (FY 2025) | 50.0% | Jaipur, Rajasthan, India | |||
| Black Gold International Private Limited | ₹182.64 Cr (FY 2025) | -69.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Shree Sai Industries Private Limited, buy the company report.
Shareholding
The shareholding of Shree Sai Industries Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shree Sai Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2015 | 10561403 | State Bank of India | ₹1.75 Cr | Open | |
| 29 Apr 2014 | 10497104 | Union Bank of India | ₹5 Cr | Open | |
| 21 Jul 2008 | 10118784 | Union Bank of India | ₹55 Cr | Open | |
| 30 Dec 2006 | 10037475 | Union Bank of India | ₹35 Cr | Open |
To see the full charge records of Shree Sai Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Shree Sai Industries Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.13 Cr; the latest was in December 2014.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2011 | Funding round | ₹13.2 Cr | Investors: Giri Financial Services Private Limited , Genesis Merchants Private Limited , Brightstar Commosal Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Kamal Overseas Ltd , Stock Net Investment Private Limited, N.E. Electronics Ltd. |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Prisha Enterprises Seller: Prisha Tradelink Private Limited |
| Mar 2006 | Funding round | ₹1.93 Cr | Investors: Prisha Enterprises, N.E. Electronics Ltd. , Aspire Mercantile Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shree Sai Industries Private Limited has 67 court cases on record: 35 filed by Shree Sai Industries, 32 filed against it. 8 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 8 | 2 |
| District courts | 28 | 21 | 5 |
| NCLT | 4 | 2 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Revision petition | Filed by the company against M/S Yogesh Udyog Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Ahluwalia Contracts (India) Limited Through Sanjay Agarwal | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Hinduja Leyland Finance Limited Authorised Officer Waman Kadam | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Iifl Home Finance Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
To see the full case history of Shree Sai 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 Shree Sai Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shree Sai 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 Shree Sai Industries Private Limited, buy the company report.
Recent activity
Shree Sai Industries Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Puskar Kumar Vyas ceased to be Director on 01 Jun 2017.
2 earlier events are in the company report.
Frequently asked questions
Shree Sai Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Shree Sai Industries is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 11 July 1995 and is registered under CIN U27300MH1995PTC090450. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shree Sai Industries has 2 current directors:
- Kunal Jayprakash Vyas - Director
- Bipin Mafatlal Vyas - Director
The latest financial statements of Shree Sai Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shree Sai Industries is U27300MH1995PTC090450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Sai Industries has open charges of ₹96.75 Cr and no satisfied charges on record as per latest MCA filings.
Shree Sai Industries has 67 court cases on record: 35 filed by the company and 32 filed against it. 8 are pending. Most are in the high courts.
Shree Sai Industries was incorporated on 11 July 1995. It is registered with the Registrar of Companies, Mumbai.
Shree Sai Industries has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.13 Cr; the latest was in December 2014.
The peers of Shree Sai Industries by revenue are Amit Ispat Limited, Shree Balaji Steel Enterprises Private Limited, L.K.Sons Alloy Private Limited, Sayarmal Infra Metals Private Limited, Black Gold International Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Puskar Kumar Vyas ceased to be Director on 01 Jun 2017. Kunal Jayprakash Vyas ceased to be Additional Director on 30 Sep 2015. Jayprakash Mafatlal Vyas ceased to be Director on 15 Nov 2014. Shree Sai Industries has 5 board changes on record in total.
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