Saffron Finance Limited

Provides financial share broking services, incorporated in 1982 and based in Ahmedabad, Gujarat.

1982 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 01, 2025

Saffron Finance Profile

Key Indicators

  • Authorised Capital ₹ 3.15 Cr
  • Paid Up Capital ₹ 3.07 Cr
  • Company Age 42 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Revenue Growth %
  • Profit Growth -11.60%
  • Ebitda -10.59%
  • Net Worth -0.02%
  • Total Assets -0.00%

About Saffron Finance

Saffron Finance Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 18 October 1982 and has a history of 42 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Financial Services 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 3.15 Cr and a paid-up capital of Rs 3.07 Cr.

The company currently has active open charges totaling ₹1.00 M.

Priti Patel, Vanraj Kahor, and Jaiminkumar Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1982PLC005587

  • Company No.

    005587

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Priti Patel Country flag representing In Director 10-May-2000 Current
Vanraj Kahor Country flag representing In Director 20-Feb-2010 Current
Jaiminkumar Shah Country flag representing In Director 30-Jun-2007 Current

Financial Performance of Saffron Finance.

Saffron Finance Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 11.6% decrease in profit. The company's net worth dipped by a decrease of 0.02%.

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
Revenue from Operations
Total Assets
-0.00%
Profit or Loss
-11.60%
Net Worth
-0.02%
EBITDA
-10.59%

What is the Ownership and Shareholding Structure of Saffron Finance?

In 2017, Saffron Finance had a promoter holding of 55.48% and a public holding of 44.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Dena Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 1984 Dena Bank ₹1.00 M Open

How Many Employees Work at Saffron Finance?

Unlock and access historical data on people associated with Saffron Finance, 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 Finance, 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 Finance'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 Finance

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Vanraj Dadbhai Kahor was appointed as a Director was appointed as a Director on 20 Feb 2010 & has been associated with this company since 14 years 11 months .

    20 Feb 2010

  • Director Appointment

    Jaiminkumar Harishchandra Shah was appointed as a Director was appointed as a Director on 30 Jun 2007 & has been associated with this company since 17 years 7 months .

    30 Jun 2007

  • Director Appointment

    Priti Manish Patel was appointed as a Director was appointed as a Director on 10 May 2000 & has been associated with this company since 24 years 8 months .

    10 May 2000

  • Charges

    A charge with Dena Bank amounted to Rs. 0.10 Cr with Charge ID 90313483 was registered on 25 Apr 1984.

    25 Apr 1984

Frequently asked questions

  • Saffron Finance Limited was incorporated on 18 Oct 1982.

  • The authorized share capital of Saffron Finance Limited is ₹ 3.15 Cr and paid-up capital is ₹ 3.07 Cr.

  • Currently 3 directors are associated with Saffron Finance Limited.

    • Priti Manish Patel
    • Vanraj Dadbhai Kahor
    • Jaiminkumar Harishchandra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Finance Limited is 4Th Floor Vaghela Avenue Nr. Havmore Restaurant, Navrangpura India, Ahedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Saffron Finance Limited is U65910GJ1982PLC005587 and the company number is 005587 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Saffron Finance Limited has experienced an downturn of -0.02%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Saffron Finance Limited amount to ₹ 1.00 M.

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

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