Saffron Formulations Private Limited

Saffron Formulations Private Limited

Leading pharmaceutical innovator ensuring quality healthcare solutions.
2015 | Ahmedabad, Gujarat (India) | Active

Last Updated:

October 24, 2024
HomeCompanySaffron Formulations Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Amit Singh In Director 21-May-2015Current
Hiren Patel In Director 21-May-2015Current

Financial Performance of Saffron Formulations.

Saffron Formulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.52% increase. The company also saw a substantial improvement in profitability, with a 532.31% increase in profit. The company's net worth Soared by an impressive increase of 16.91%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.52%
Revenue from Operations
28.92%
Total Assets
32.68%
Profit or Loss
532.31%
Net Worth
16.91%
EBITDA
17.10%

Charges (Loans)

Open Charges Satisfied Charges

₹29.47 M

₹40.11 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 28 Nov 2022
₹5.00 MOpen

Others

Creation Date: 28 Jul 2022
₹2.45 CrOpen

Others

Creation Date: 23 Sep 2020
₹1.96 CrSatisfied

How Many Employees Work at Saffron Formulations?

Saffron Formulations has a workforce of 382 employees as of Apr 04, 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.

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Latest Updates, News, and FAQs on Saffron Formulations

Recent activity within the organization

  • Charges

    A charge registered on 22 Oct 2018 via Charge ID 100217304 with State Bank Of India was fully satisfied on 04 May 2024.

    04 May 2024

  • Annual General Meeting

    Saffron Formulations 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 Formulations 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 Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100652888 was registered on 28 Nov 2022.

    28 Nov 2022

  • Charges

    A charge registered on 23 Sep 2020 via Charge ID 100396792 with Others was fully satisfied on 23 Aug 2022.

    23 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 24.47 M with Charge ID 100644240 was registered on 28 Jul 2022.

    28 Jul 2022

Frequently asked questions

  • Saffron Formulations Private Limited was incorporated on 21 May 2015.

  • The authorized share capital of Saffron Formulations Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

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

    • Amit Singh
    • Hiren Rameshchandra Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Formulations Private Limited is 701 720 Times Square Arcade Opp. Rambaug Nr. Ravija Plaza Thaltej-Shilaj Road, T Haltej India, Ahmedabad, Gujarat, 380059.

  • The corporate identification number (CIN) of Saffron Formulations Private Limited is U74120GJ2015PTC083277 and the company number is 083277 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saffron Formulations Private Limited is https://www.saffronformulations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saffron Formulations Private Limited has risen by 29.52%.

  • As Per 2023 financial reports, 382 employees are currently employed by Saffron Formulations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saffron Formulations Private Limited has experienced an upsurge of 16.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saffron Formulations Private Limited amount to ₹ 2.95 Cr.

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

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