About Sael Limited
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Sael Limited is a public limited company based in Guruharsahai, Punjab, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 21 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40101PB1999PLC023197. Its GSTIN is 03AAECS2724A3Z1 (Punjab). The company holds 16 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹243.5 Cr and a paid-up capital of ₹237.61 Cr. It was formerly known as Sukhbir Agros Pvt Ltd and Sukhbir Agro Energy Limited. It is led by directors including Jasbir Singh (Managing Director) and Harjagat Awla.
Its last annual general meeting (AGM) was held on 10 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Faridkot Road Guruharsahai Distt Ferozepur, Punjab, India – 152022.
As per the financials filed for FY 2025, the company reported a revenue of ₹518.15 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹45.79 Cr (net margin -8.8%) and EBITDA of ₹309.6 Cr (EBITDA margin 59.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 30% over five years.
The company has about 319 employees on its provident fund (EPFO) records. Its group structure includes 22 subsidiaries.
The company is associated with 1 brand: Sukhbir Agro Energy. As per MCA filings, the company has open charges of ₹6,292.49 Cr and satisfied charges of ₹4,383.3 Cr on record. Court records list 71 cases involving the company, including 47 filed by the company and 26 filed against it; 19 cases are pending. The company has 19 deals on record (11 funding rounds, 7 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,676.3 Cr; the latest was in September 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sael.co.
Company details
Name history
Sael has undergone 3 name changes throughout its history. The company was previously known as Sukhbir Agros Pvt Ltd, Sukhbir Agro Energy Limited, and Sael Limited. The current legal name is Sael Limited.
| Company Name | Status |
|---|---|
| Sael Limited | Current |
| Sukhbir Agros Pvt Ltd | Previous |
| Sukhbir Agro Energy Limited | Previous |
CIN history
Sael has one previous CIN (Corporate Identification Number): U15142PB1999PTC023197. The current CIN is U40101PB1999PLC023197, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101PB1999PLC023197 | Current |
| U15142PB1999PTC023197 | Previous |
Contact details
Sael Limited's registered office is in Guruharsahai, Punjab. Its website is sael.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFaridkot Road Guruharsahai Distt Ferozepur, Punjab, India – 152022
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Sael 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
Sael operates one associated brand: Sukhbir Agro Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Renewable energy solutions are provided via solar and waste-to-energy initiatives. | sael.co |
Business activity
The main business activity of Sael is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Sael Limited, buy the company report.
Financials of Sael Limited
FY 2024 filings availableSael Limited reported revenue of ₹518.15 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 30%. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹309.6 Cr | ||||
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| Net Profit (PAT) | -₹45.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.8% | ||||
| Net Profit Margin | -8.8% | ||||
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To see the full financial statements and ratios of Sael Limited, buy the company report.
Board of directors of Sael Limited
Sael has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasbir Singh Also directs: Sael Agri Commodities Limited, Sael Solar Mfg.Private Limited, Sael Solar P15 Private Limited and 5 more | Managing Director | 21 Dec 1999 | 26 Years 10 Months | Current |
| Harbhajan Singh Also directs: Sael Solar Mfg.Private Limited, Sael Industries Limited, Sael Solar Mhp1 Private Limited and 5 more | Additional Director | 10 Oct 2025 | 1 Years 1 Months | Current |
| Harjagat Awla Also directs: Sael Solar P7 Private Limited, Sael Solar P9 Private Limited, Sael Solar P Sixteen Private Limited and 5 more | Director | 20 Dec 2024 | 1 Years 10 Months | Current |
| Kainaat Awla Also directs: Sael Solar P15 Private Limited, Sael Solar P6 Private Limited, Sael Solar P4 Private Limited and 4 more | Director | 11 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Sael Limited is audited by G.D. Singhal and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.D. Singhal and Associates | FY 2023 | 17648N |
Shareholding
The shareholding of Sael 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 Sael Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2025 | 101086689 | Others | ₹85 Cr | Open | |
| 07 Nov 2024 | 101008878 | Others | ₹2,628.84 Cr | Open | |
| 29 Oct 2024 | 100999474 | Others | ₹1,791.88 Cr | Open | |
| 26 Jun 2024 | 100948772 | Others | ₹215 Cr | Open | |
| 19 May 2023 | 100725086 | Others | ₹151.7 Cr | Open |
To see the full charge records of Sael Limited, buy the company report.
Total charge records: 99 View all charges
Deals & funding
Sael Limited has 19 deals on record (11 funding rounds, 7 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,676.3 Cr; the latest was in September 2023.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Sael Industries Limited Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Sael Industries Limited Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Sael Industries Limited Seller: 4 individuals |
| Nov 2022 | Debt financing | ₹995.2 Cr | Investors: India Infradebt Limited , Aseem Infrastructure Finance Limited , Tata Cleantech Capital |
| Feb 2020 | Funding round | ₹101.78 Cr | Investors: 4 individuals |
To see the full deal history of Sael 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
Sael Limited has 71 court cases on record: 47 filed by Sael, 26 filed against it. 19 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 4 | 7 |
| District courts | 27 | 12 | 8 |
| Supreme Court | 10 | 9 | 4 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed against the company by Commissioner Customs (Preventive) Lucknow | Disposed |
| Supreme Court | Appeal | Filed against the company by Uttar Pradesh Power Corporation Limited | Pending |
| Supreme Court | Appeal | Filed against the company by Upsldc Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Ms Trans Asian Shipping Services Pvt Ltd | Pending |
| High Court, PUNJAB | Writ petition | Filed against the company by Sael Limited and 1 other | Disposed |
To see the full case history of Sael 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.
Credit ratings & regulatory alerts
Sael Limited was last rated by Care on 01 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Jul 2022 |
To see the full credit ratings and regulatory alerts of Sael Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sael Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sael has 22 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sael Engineering Private Limited | U29300PB2021PTC053089 | |
| Sael Solar Mfg.Private Limited | U31909PB2022PTC055360 | |
| Sael EV Infra Private Limited | U35923PB2020PTC051902 | |
| Kta Powers Private Limited | U40100DL2020PTC374837 | |
| Tna Renewable Energy Private Limited | U40100DL2020PTC375171 | |
| Universal Biomass Energy Private Limited. | U40100PB2005PTC028850 |
To see the full group structure of Sael Limited, buy the company report.
Employees & EPFO
Sael Limited has a workforce of 319 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
GST
Sael has 16 GST registrations: 12 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECS2724A3Z1 | Punjab | Active | 21 Sep 2017 |
| 03AAECS2724A4Z0 | Punjab | Active | 12 Oct 2017 |
| 03AAECS2724A5ZZ | Punjab | Active | 15 May 2020 |
| 03AAECS2724A6ZY | Punjab | Active | 14 Jan 2021 |
To see the full GST registrations and return filing status of Sael Limited, buy the company report.
Recent activity
Sael Limited has 34 board changes on record since 1999: 19 appointments and 15 cessations. The latest: Harbhajan Singh was appointed as Additional Director on 10 Oct 2025.
225 earlier events are in the company report.
News
Frequently asked questions
Sael is an active public limited company based in Guruharsahai, Punjab, India. The company works in real estate financing, within the financial services industry. It was incorporated on 21 December 1999 (27+ years old) and is registered under CIN U40101PB1999PLC023197.
Sael has 4 current directors:
- Jasbir Singh - Managing Director
- Harbhajan Singh - Additional Director
- Harjagat Awla - Director
- Kainaat Awla - Director
The latest financial statements of Sael on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sael is 03AAECS2724A3Z1, registered in Punjab. The company has 16 GST registrations in all, of which 12 are active and 4 are cancelled or inactive. Other active GSTINs include 03AAECS2724A4Z0 (Punjab), 03AAECS2724A5ZZ (Punjab), 03AAECS2724A6ZY (Punjab).
The CIN (Corporate Identification Number) of Sael is U40101PB1999PLC023197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sael has 71 court cases on record: 47 filed by the company and 26 filed against it. 19 are pending. Most are in the high courts.
Sael was incorporated on 21 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sael has 19 deals on record (11 funding rounds, 7 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,676.3 Cr; the latest was in September 2023.
Harbhajan Singh was appointed as Additional Director on 10 Oct 2025. Randeep Singh Grewal ceased to be Director on 21 Jan 2025. Harjagat Awla was appointed as Director on 20 Dec 2024. Sael has 34 board changes on record in total.
Sael can be reached through the website sael.co. Its registered office is in Guruharsahai, Punjab, India.
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