Saffron Fasteners Private Limited

This company manufactures and trades fastener items made of various materials.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Saffron Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.61 Cr
  • Revenue Growth 37.35%
  • Profit Growth 6.64%
  • Ebitda 1.06%
  • Net Worth 32.86%
  • Total Assets 10.02%

About Saffron Fasteners

Saffron Fasteners Private Limited (SFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 August 2016 (Eight years and five months 28 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.61 Cr.

Nilesh Tejabhai and Bhaveshbhai Dhirubhai serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saffronfasteners.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27320GJ2016PTC093364

  • Company No.

    093364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Saffron Fasteners Private Limited offer?

Saffron Fasteners Private Limited offers a wide range of products and services, including Steel Bolt, Mild Steel Bolt, Mild Steel Hex Bolt, Nails, Fasteners, Rivets & Shackles, Fasteners, Metal Stud, Alloy, Metal and High Strength Bolts, Hex Nuts, Mild Steel Hex Nuts.

Who are the key members and board of directors at Saffron Fasteners?

Board Members (2)

Name Designation Appointment Date Status
Nilesh Tejabhai Country flag representing In Director 16-Aug-2016 Current
Bhaveshbhai Dhirubhai Country flag representing In Director 16-Aug-2016 Current

Financial Performance of Saffron Fasteners.

Saffron Fasteners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.35% increase. The company also saw a slight improvement in profitability, with a 6.64% increase in profit. The company's net worth Soared by an impressive increase of 32.86%.

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
37.35%
Revenue from Operations
37.35%
Total Assets
10.02%
Profit or Loss
6.64%
Net Worth
32.86%
EBITDA
1.06%

What is the Ownership and Shareholding Structure of Saffron Fasteners?

In 2023, Saffron Fasteners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.06 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.50 Cr
  • Yes Bank Limited : 2.11 Cr

Latest Charge Details

Date Lender Amount Status
09 Jul 2024 Axis Bank Limited ₹2.50 Cr Open
25 Sep 2019 Yes Bank Limited ₹2.11 Cr Open

How Many Employees Work at Saffron Fasteners?

Unlock and access historical data on people associated with Saffron Fasteners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saffron Fasteners, 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 Fasteners'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 Fasteners

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 M with Charge ID 100965323 was registered on 09 Jul 2024.

    09 Jul 2024

  • Annual General Meeting

    Saffron Fasteners Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 21.06 M registered on 25 Sep 2019 with Charge ID 100290275 was modified on 19 Sep 2022.

    19 Sep 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 21.06 M with Charge ID 100290275 was registered on 25 Sep 2019.

    25 Sep 2019

  • Director Appointment

    Nilesh Tadha Tejabhai was appointed as a Director was appointed as a Director on 16 Aug 2016 & has been associated with this company since 8 years 5 months .

    16 Aug 2016

Frequently asked questions

  • Saffron Fasteners Private Limited was incorporated on 16 Aug 2016.

  • The authorized share capital of Saffron Fasteners Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

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

    • Nilesh Tadha Tejabhai
    • Bhaveshbhai Kapadiya Dhirubhai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Fasteners Private Limited is 27/2/A Panchjanya Estate B/H - Gvmm Near Odhav Circle, Nikol India, Nikol Odhav, Gujarat, 382415.

  • The corporate identification number (CIN) of Saffron Fasteners Private Limited is U27320GJ2016PTC093364 and the company number is 093364 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saffron Fasteners Private Limited is https://www.saffronfasteners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saffron Fasteners Private Limited has risen by 37.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saffron Fasteners Private Limited has experienced an upsurge of 32.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saffron Fasteners Private Limited amount to ₹ 4.61 Cr.

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

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