Azafran Innovacion Limited

Manufacturer and exporter of organic skin care products, including soaps, butters, oils, and washes.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

Azafran Innovacion Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.55 Cr
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.88 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -24.35%
  • Profit Growth 21.86%
  • Ebitda 45.01%
  • Net Worth -13.32%
  • Total Assets 1.35%

About Azafran Innovacion

Azafran Innovacion Limited (AIL) is a Public Limited Indian Non-Government Company incorporated in India on 27 July 2007 and has a history of 17 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Azafran Innovacion Private Limited. The Company is engaged in the Fmcg Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.55 Cr.

The company currently has active open charges totaling ₹64.88 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deohooti Vyas, Aditi Vyas, Mansi Vyas, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24247GJ2007PLC051407

  • Company No.

    051407

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

FMCG

What products or services does Azafran Innovacion Limited offer?

Azafran Innovacion Limited offers a wide range of products and services, including Nutraceuticals & Dietary Supplements, Nutraceuticals, Weight Loss Supplement, Olive Oil, Extra Virgin Olive Oil, Cosmetics, Hair & Beauty Products, Cosmetic Raw Material, Vitamins & Supplements, Mineral Supplements, Health Conditions.

Who are the key members and board of directors at Azafran Innovacion?

Board Members (5)

NameDesignationAppointment DateStatus
Sunny Chathanattu Country flag representing In Director 13-Mar-2020Current
Aditi Vyas Country flag representing In Director 27-Jul-2007Current
Deohooti Vyas Country flag representing In Director 21-Apr-2008Current
Mansi Vyas Country flag representing In Director 27-Jul-2007Current
Sanjeev Jain Country flag representing In Director 13-Mar-2020Current

Financial Performance of Azafran Innovacion.

Azafran Innovacion Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.35% decrease. The company also saw a substantial improvement in profitability, with a 21.86% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.32%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-24.35%
Revenue from Operations
-23.82%
Total Assets
1.35%
Profit or Loss
21.86%
Net Worth
-13.32%
EBITDA
45.01%

What is the Ownership and Shareholding Structure of Azafran Innovacion?

In 2023, Azafran Innovacion had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.88 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 64.88 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2020Others₹6.74 CrOpen
18 Jul 2018Others₹51.24 CrOpen
30 Sep 2016Others₹6.90 CrOpen
26 Aug 2010Hdfc Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Azafran Innovacion?

Azafran Innovacion has a workforce of 51 employees as of Apr 10, 2024. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Azafran Innovacion, 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 Azafran Innovacion's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Azafran Innovacion

Recent activity within the organization

  • Annual General Meeting

    Azafran Innovacion Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Azafran Innovacion Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 6.90 Cr registered on 30 Sep 2016 with Charge ID 100059813 was modified on 26 Oct 2020.

    26 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 6.74 Cr with Charge ID 100379568 was registered on 29 Sep 2020.

    29 Sep 2020

  • Director Appointment

    Sunny Joseph Chathanattu was appointed as a Director was appointed as a Director on 13 Mar 2020 & has been associated with this company since 4 years 10 months .

    13 Mar 2020

  • Director Appointment

    Sanjeev Jain was appointed as a Director was appointed as a Director on 13 Mar 2020 & has been associated with this company since 4 years 10 months .

    13 Mar 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Azafran Innovacion Limited was incorporated on 27 Jul 2007.

  • The authorized share capital of Azafran Innovacion Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.55 Cr.

  • Currently 5 directors are associated with Azafran Innovacion Limited.

    • Deohooti Janmejay Vyas
    • Aditi Janmejay Vyas
    • Mansi Janmejay Vyas
    • Sunny Joseph Chathanattu
    • Sanjeev Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Azafran Innovacion Limited is Dishman Corporate House Second Floor Iscon-Bopal Road Ambli, India, Ahmedabad, Gujarat, 380058.

  • The corporate identification number (CIN) of Azafran Innovacion Limited is U24247GJ2007PLC051407 and the company number is 051407 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Azafran Innovacion Limited is https://www.azafrangroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Azafran Innovacion Limited has fallen by -24.35%.

  • As Per 2023 financial reports, 51 employees are currently employed by Azafran Innovacion Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Azafran Innovacion Limited has experienced an downturn of -13.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Azafran Innovacion Limited amount to ₹ 64.88 Cr.

  • The most recent Balance Sheet for Azafran Innovacion Limited was filed with the ROC on 31 Mar 2023.

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