Saffron Art Private Limited

Auctioneer and consultant for artwork, jewelry, artifacts, and real estate in India.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Saffron Art Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 1.17 M
  • Company Age 25 Year, 2 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 two 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

    saffronart.com

  • 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)

NameDesignationAppointment DateStatus
Minal Vazirani Country flag representing Us Director 04-Jan-2024Current
Dinesh Vazirani Country flag representing In Whole-Time Director 22-Dec-1999Current

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%.

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
14.77%
Revenue from Operations
18.19%
Total Assets
162.99%
Profit or Loss
-50.33%
Net Worth
74.53%
EBITDA
-19.74%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹130.00 M

Satisfied Charges

₹105.00 M

Charges Breakdown by Lending Institutions

  • Others : 13.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2022Others₹3.00 CrOpen
28 Dec 2022Others₹10.00 CrOpen
18 Jul 2016Others₹10.50 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    27 Feb 2024

  • 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 1 month .

    04 Jan 2024

  • Balance Sheet

    Saffron Art Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100663794 was registered on 29 Dec 2022.

    29 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100663800 was registered on 28 Dec 2022.

    28 Dec 2022

  • Charges

    A charge registered on 18 Jul 2016 via Charge ID 100044201 with Others was fully satisfied on 02 Dec 2021.

    02 Dec 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Saffron Art Private Limited was incorporated on 22 Dec 1999.

  • The authorized share capital of Saffron Art Private Limited is ₹ 5.50 M and paid-up capital is ₹ 1.17 M.

  • Currently 2 directors are associated with Saffron Art Private Limited.

    • Dinesh Gopal Vazirani
    • Minal Dinesh Vazirani
  • 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.

  • 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).

  • The Official website of Saffron Art Private Limited is https://www.saffronart.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saffron Art Private Limited has risen by 14.77%.

  • As Per 2023 financial reports, 44 employees are currently employed by Saffron Art Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saffron Art Private Limited amount to ₹ 13.00 Cr.

  • The most recent Balance Sheet for Saffron Art Private Limited was filed with the ROC on 31 Mar 2023.

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