Saffron Formulations Private Limited

Leading pharmaceutical innovator ensuring quality healthcare solutions.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 16, 2025

Saffron Formulations Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.95 Cr
  • Satisfied Charges ₹ 4.01 Cr
  • Revenue Growth 30.84%
  • Profit Growth 122.18%
  • Ebitda 51.08%
  • Net Worth 32.14%
  • Total Assets 0.68%

About Saffron Formulations

Saffron Formulations Private Limited (SFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 21 May 2015 (Nine years and eight months 27 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹8.95 Cr. The company has closed loans amounting to ₹4.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Singh and Hiren Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saffronformulations.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120GJ2015PTC083277

  • Company No.

    083277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Saffron Formulations Private Limited offer?

Saffron Formulations Private Limited offers a wide range of products and services, including Pain Relief Drugs & Pharmaceuticals, Anti Inflammatory Drugs, Respiratory System Drugs, Anti Asthma Drug, Nutraceuticals & Dietary Supplements, Vitamin & Multivitamin Injections, Pharma Ingredients & Raw Materials, Blood System and Cardiovascular API, Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup.

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

Board Members (2)

Name Designation Appointment Date Status
Amit Singh Country flag representing In Director 21-May-2015 Current
Hiren Patel Country flag representing In Director 21-May-2015 Current

Financial Performance of Saffron Formulations.

Saffron Formulations Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 30.84% increase. The company also saw a substantial improvement in profitability, with a 122.18% increase in profit. The company's net worth Soared by an impressive increase of 32.14%.

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
30.84%
Revenue from Operations
31.66%
Total Assets
0.68%
Profit or Loss
122.18%
Net Worth
32.14%
EBITDA
51.08%

What is the Ownership and Shareholding Structure of Saffron Formulations?

In 2024, Saffron Formulations had a promoter holding of 98.00% and a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹89.47 M

Satisfied Charges

₹40.11 M

Charges Breakdown by Lending Institutions

  • Others : 8.45 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
27 Nov 2024 Others ₹6.00 Cr Open
28 Nov 2022 Hdfc Bank Limited ₹5.00 M Open
28 Jul 2022 Others ₹2.45 Cr Open
23 Sep 2020 Others ₹1.96 Cr Satisfied
22 Oct 2018 State Bank Of India ₹2.05 Cr Satisfied

How Many Employees Work at Saffron Formulations?

Saffron Formulations has a workforce of 529 employees as of Jan 16, 2025. 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 Formulations, 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 Formulations'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 Formulations

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 60.00 M with Charge ID 101010220 was registered on 27 Nov 2024.

    27 Nov 2024

  • Annual General Meeting

    Saffron Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • 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

  • Balance Sheet

    Saffron Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • 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

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 2024, the revenue trend for Saffron Formulations Private Limited has risen by 30.84%.

  • As Per 2024 financial reports, 529 employees are currently employed by Saffron Formulations Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Saffron Formulations Private Limited has experienced an upsurge of 32.14%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Saffron Formulations Private Limited amount to ₹ 8.95 Cr.

  • The most recent Balance Sheet for Saffron Formulations Private Limited was filed with the ROC on 31 Mar 2024.