Saavn Media Limited

Music streaming platform with customized radio stations for English, Hindi, and Indian regional songs.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Saavn Media Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.84 M
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 1.38%
  • Profit Growth -230752.34%
  • Ebitda 17.68%
  • Net Worth -8.42%
  • Total Assets -6.81%

About Saavn Media

Saavn Media Limited (SML) is a Public Limited Indian Non-Government Company incorporated in India on 26 August 2011 and has a history of 13 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Saavn Media Private Limited. The Company is engaged in the Internet Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 0.84 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saavn Media Limited India is Sahas Malhotra as CEO. Jyoti Deshpande, Anshuman Thakur, Paramdeep Singh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300MH2011PLC221359

  • Company No.

    221359

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2011

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Internet

Who are the key members and board of directors at Saavn Media?

Executive Team (1)

NameDesignationAppointment DateStatus
Sahas Malhotra CEO16-Jan-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Paramdeep Singh Country flag representing Us Director 07-Apr-2018Current
Jyoti Deshpande Country flag representing Gb Director 07-Apr-2018Current
Anshuman Thakur Country flag representing In Director 07-Apr-2018Current
Vinodh Bhat Country flag representing Us Director 07-Apr-2018Current
Rishi Malhotra Country flag representing Us Director 07-Apr-2018Current
Arvind Tiwari Country flag representing In Director 11-Apr-2018Current

Financial Performance of Saavn Media.

Saavn Media Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.38% increase. The company also saw a substantial fall in profitability, with a 230752.34% decrease in profit. The company's net worth dipped by a decrease of 8.42%.

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
1.38%
Revenue from Operations
Total Assets
-6.81%
Profit or Loss
-230752.34%
Net Worth
-8.42%
EBITDA
17.68%

What is the Ownership and Shareholding Structure of Saavn Media?

In 2023, Saavn Media had a promoter holding of 87.65% and a public holding of 12.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Saavn Media?

Saavn Media has a workforce of 298 employees as of Mar 28, 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 Saavn Media, 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 Saavn Media'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 Saavn Media

Recent activity within the organization

  • Annual General Meeting

    Saavn Media Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

    28 Aug 2024

  • Balance Sheet

    Saavn Media Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Arvind Kumar Tiwari was appointed as a Director was appointed as a Director on 11 Apr 2018 & has been associated with this company since 6 years 9 months .

    11 Apr 2018

  • Director Appointment

    Jyoti Deshpande was appointed as a Director was appointed as a Director on 07 Apr 2018 & has been associated with this company since 6 years 9 months .

    07 Apr 2018

  • Director Appointment

    Anshuman Thakur was appointed as a Director was appointed as a Director on 07 Apr 2018 & has been associated with this company since 6 years 9 months .

    07 Apr 2018

  • Director Appointment

    Paramdeep Singh was appointed as a Director was appointed as a Director on 07 Apr 2018 & has been associated with this company since 6 years 9 months .

    07 Apr 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Saavn Media Limited was incorporated on 26 Aug 2011.

  • The authorized share capital of Saavn Media Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.84 M.

  • Currently 8 directors are associated with Saavn Media Limited.

    • Jyoti Deshpande
    • Anshuman Thakur
    • Paramdeep Singh
    • Vinodh V Bhat
    • Rishi Malhotra
    • Arvind Kumar Tiwari
    • Sahas Malhotra
    • Khushboo Yadav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saavn Media Limited is 9Th Floor Maker Chambers Iv 222 Nariman Point, - India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Saavn Media Limited is U72300MH2011PLC221359 and the company number is 221359 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saavn Media Limited is https://www.saavn.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saavn Media Limited has risen by 1.38%.

  • As Per 2023 financial reports, 298 employees are currently employed by Saavn Media Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saavn Media Limited has experienced an downturn of -8.42%.

  • The most recent Balance Sheet for Saavn Media Limited was filed with the ROC on 31 Mar 2024.

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