Saffron Industries Profile
Key Indicators
- Authorised Capital ₹ 78.00 Cr
- Paid Up Capital ₹ 7.19 Cr
- Company Age 31 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 42.78 Cr
- Revenue Growth -4.67%
- Profit Growth 15.35%
- Ebitda 319.98%
- Net Worth -16.48%
- Total Assets -5.29%
About Saffron Industries
Saffron Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 1993 and has a history of 31 years and nine months. Its registered office is in Nagpur, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531436.
The Corporate was formerly known as Madhyadesh Papers Limited. The Company is engaged in the Manufacturing 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 78.00 Cr and a paid-up capital of Rs 7.19 Cr.
The company has closed loans amounting to ₹42.78 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Saffron Industries Limited India are Anil Bajpai as CFO and Mahesh Bhanarkar as Company Secretary. Vinod Maheshwari, Shriranga Maheshwari, Manoj Sinha, and Two other members serve as directors at the Company.
Company Details
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Location
Nagpur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L21010MH1993PLC071683
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Company No.
071683
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Stock Symbol
BSE : 531436
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Apr 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Saffron Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Bajpai | CFO | 28-Feb-2024 | Current |
| Mahesh Bhanarkar | Company Secretary | 11-Nov-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Maheshwari
|
Director | 20-Apr-1993 | Current |
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Shriranga Maheshwari
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Director | 29-Mar-2022 | Current |
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Manoj Sinha
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Whole-Time Director | 12-Jul-2016 | Current |
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Thomas David
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Director | 10-Dec-2021 | Current |
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Shekhar Chandle
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Director | 29-Mar-2022 | Current |
Financial Performance of Saffron Industries.
Saffron Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.67% decrease. The company also saw a substantial improvement in profitability, with a 15.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Saffron Industries?
In 2022, Saffron Industries had a promoter holding of 60.49% and a public holding of 39.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Nava Bharat Press (Nagpur) Pvt LtdVinod Maheshwari is a mutual person
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Madhyadesh Publications Private LimitedVinod Maheshwari is a mutual person
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Poojadarshan Buildcon Private Limited
Manoj Sinha is a mutual person
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Adivaibhav Infrastructures Private Limited
Manoj Sinha is a mutual person
Charges (Loans)
₹0
₹42.78 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.50 Cr
- Asrec (India) Limited : 14.10 Cr
- Ifci Ltd : 4.50 Cr
- The Indl.Finance Corp.Of India Ltd. : 4.00 Cr
- Oriental Bank Of Commerce : 1.20 Cr
- Others : 1.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2008 | Asrec (India) Limited | ₹3.80 Cr | Satisfied |
| 11 Feb 2002 | Centurion Bank Ltd. | ₹0.56 M | Satisfied |
| 31 May 2001 | Centurion Bank Ltd. | ₹2.28 M | Satisfied |
| 24 Oct 2000 | Asrec (India) Limited | ₹5.80 Cr | Satisfied |
| 11 May 2000 | State Bank Of India | ₹17.50 Cr | Satisfied |
How Many Employees Work at Saffron Industries?
Unlock and access historical data on people associated with Saffron Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saffron Industries, 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 Industries's trajectory.
Rating
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Alerts
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