Saffron Finance Limited

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

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

Saffron Finance Profile

Key Indicators

  • Authorised Capital ₹ 3.15 Cr
  • Paid Up Capital ₹ 3.07 Cr
  • Company Age 42 Year, 5 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 five 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
Company report

Saffron Finance Limited

Explore comprehensive data for Saffron Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Priti Patel Country flag representing In Director 10-May-2000Current
Vanraj Kahor Country flag representing In Director 20-Feb-2010Current
Jaiminkumar Shah Country flag representing In Director 30-Jun-2007Current

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%.

Saffron Finance revenue growth over time
Saffron Finance 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

DateLenderAmountStatus
25 Apr 1984Dena Bank₹1.00 MOpen

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.

Employee growth trends for Saffron Finance Limited

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.

  • Balance Sheet

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

  • 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 15 years 1 month .

  • 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 9 months .

  • 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 11 months .

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Saffron Finance Limited?

    Saffron Finance Limited was incorporated on 18 Oct 1982.

  • What is authorized share capital and paid-up capital of Saffron Finance Limited?

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

  • Who are the current board members & directors of Saffron Finance Limited?

    Currently 3 directors are associated with Saffron Finance Limited.

    • Priti Manish Patel
    • Vanraj Dadbhai Kahor
    • Jaiminkumar Harishchandra Shah
  • What is the registered address of Saffron Finance Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Saffron Finance Limited?

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

  • What change has been observed in the net worth of Saffron Finance Limited, and by what percentage?

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

  • What are the total open charges for Saffron Finance Limited?

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

  • When was the last Balance Sheet of Saffron Finance Limited filed with the ROC?

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

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