Saffron Art Profile
Key Indicators
- Authorised Capital ₹ 5.50 M
- Paid Up Capital ₹ 1.17 M
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 13.00 Cr
- Satisfied Charges ₹ 10.50 Cr
- Revenue Growth 14.77%
- Profit Growth -50.33%
- Ebitda -19.74%
- Net Worth 74.53%
- Total Assets 162.99%
About Saffron Art
Saffron Art Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 December 1999 and has a history of 25 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the E-Commerce 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 5.50 M and a paid-up capital of Rs 1.17 M.
The company currently has active open charges totaling ₹13.00 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Vazirani and Minal Vazirani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U22219MH1999PTC123237
- Company No.
123237
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Dec 1999
- Date of AGM
27 Feb 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
E-Commerce
Who are the key members and board of directors at Saffron Art?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Minal Vazirani  | Director | 04-Jan-2024 | Current |
Dinesh Vazirani  | Whole-Time Director | 22-Dec-1999 | Current |
Financial Performance of Saffron Art.
Saffron Art Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.77% increase. The company also saw a substantial fall in profitability, with a 50.33% decrease in profit. The company's net worth Soared by an impressive increase of 74.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Saffron Art?
In 2023, Saffron Art had a promoter holding of 43.77% and a public holding of 56.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Collectibles Antiques (India) Private LimitedDinesh Vazirani is a mutual person
Dynamic Designs And Systems Private LimitedDinesh Vazirani is a mutual person
- Wmi Power Private Limited
Dinesh Vazirani is a mutual person
- Wmi Energy Private Limited
Dinesh Vazirani is a mutual person
- Granada Investments & Finance Private Limited
Dinesh Vazirani is a mutual person
- Sensational Trading Private Limited
Dinesh Vazirani is a mutual person
Charges (Loans)
Open Charges
₹130.00 M
Satisfied Charges
₹105.00 M
Charges Breakdown by Lending Institutions
- Others : 13.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Others | ₹3.00 Cr | Open |
| 28 Dec 2022 | Others | ₹10.00 Cr | Open |
| 18 Jul 2016 | Others | ₹10.50 Cr | Satisfied |
How Many Employees Work at Saffron Art?
Saffron Art has a workforce of 44 employees as of Mar 25, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saffron Art, 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 Saffron Art's trajectory.
Rating
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
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 Saffron Art
Recent activity within the organization
- Annual General Meeting
Saffron Art Private Limited last Annual general meeting of members was held on 27 Feb 2024 as per latest MCA records.
- Director Appointment
Minal Dinesh Vazirani was appointed as a Director was appointed as a Director on 04 Jan 2024 & has been associated with this company since 1 year 2 months .
- Balance Sheet
Saffron Art Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 30.00 M with Charge ID 100663794 was registered on 29 Dec 2022.
- Charges
A charge with Others amounted to Rs. 100.00 M with Charge ID 100663800 was registered on 28 Dec 2022.
- Charges
A charge registered on 18 Jul 2016 via Charge ID 100044201 with Others was fully satisfied on 02 Dec 2021.
Recent News, Updates & Announcement
- Nish Bhutani appointed as global product head, Vuclip.
He brings diverse experience across internet and mobile commerce, film & TV digital distribution and consumer software to enhance product offerings.
Frequently asked questions
What is the Incorporation or founding date of Saffron Art Private Limited?
Saffron Art Private Limited was incorporated on 22 Dec 1999.
What is authorized share capital and paid-up capital of Saffron Art Private Limited?
The authorized share capital of Saffron Art Private Limited is ₹ 5.50 M and paid-up capital is ₹ 1.17 M.
Who are the current board members & directors of Saffron Art Private Limited?
Currently 2 directors are associated with Saffron Art Private Limited.
- Dinesh Gopal Vazirani
- Minal Dinesh Vazirani
What is the registered address of Saffron Art Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Art Private Limited is Gala No.1A Ground Floor Industry Manor Appasaheb Marathe Marg Nr Century Bhavan Prabhad Evi, India, Mumbai, Maharashtra, 400025.
What is the corporate identification number (CIN) and company number of Saffron Art Private Limited?
The corporate identification number (CIN) of Saffron Art Private Limited is U22219MH1999PTC123237 and the company number is 123237 as per Ministry of Corporate Affairs (MCA).
What is the official website of Saffron Art Private Limited?
The Official website of Saffron Art Private Limited is https://www.saffronart.com
What has been the recent revenue trend for Saffron Art Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Saffron Art Private Limited has risen by 14.77%.
How many employees does Saffron Art Private Limited currently have?
As Per 2023 financial reports, 44 employees are currently employed by Saffron Art Private Limited.
What change has been observed in the net worth of Saffron Art Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Saffron Art Private Limited has experienced an upsurge of 74.53%.
What are the total open charges for Saffron Art Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Saffron Art Private Limited amount to ₹ 13.00 Cr.
When was the last Balance Sheet of Saffron Art Private Limited filed with the ROC?
The most recent Balance Sheet for Saffron Art Private Limited was filed with the ROC on 31 Mar 2023.
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