Saffron Needles Private Limited

Provides job working services for garments, knitted or crocheted, as well as manufacturing, importing, exporting, and selling furnishing garments and handicrafts.

2006 | Surat, Gujarat (India) | Inactive
Last Updated: February 22, 2025

Saffron Needles Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.45 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 8.70 M
  • Revenue Growth -47.30%
  • Profit Growth 64.81%
  • Ebitda 134.09%
  • Net Worth -139.03%
  • Total Assets -86.68%

About Saffron Needles

Saffron Needles Private Limited (SNPL) is Strike Off company established on 20 Jun 2006 with its office registered at Surat, Gujarat, India and has been running since 18 Year, 8 Months with a paid up capital of 1.45 M. According to MCA records, 2 Directors are linked to this company as of 22 Feb 2025.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101GJ2006PTC048522

  • Company No.

    048522

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2006

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Durga Goenka Country flag representing In Whole-Time Director 01-Apr-2011Current
Neetu Goenka Country flag representing In Director 28-Feb-2014Current

Financial Performance of Saffron Needles.

Saffron Needles Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 47.3% decrease. The company also saw a substantial improvement in profitability, with a 64.81% increase in profit. The company's net worth observed a substantial decline by a decrease of 139.03%.

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
-47.30%
Revenue from Operations
-47.55%
Total Assets
-86.68%
Profit or Loss
64.81%
Net Worth
-139.03%
EBITDA
134.09%

What is the Ownership and Shareholding Structure of Saffron Needles?

In 2018, Saffron Needles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.70 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.87 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2006Bank Of Baroda₹8.70 MSatisfied

How Many Employees Work at Saffron Needles?

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

Recent activity within the organization

  • Charges

    A charge registered on 23 Dec 2006 via Charge ID 10126835 with Bank Of Baroda was fully satisfied on 05 Dec 2022.

    05 Dec 2022

  • Annual General Meeting

    Saffron Needles Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Saffron Needles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Neetu Goenka was appointed as a Director was appointed as a Director on 28 Feb 2014 & has been associated with this company since 10 years 11 months .

    28 Feb 2014

  • Director Appointment

    Durga Prasad Goenka was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2011 & has been associated with this company since 13 years 10 months .

    01 Apr 2011

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 8.70 M with Charge ID 10126835 was registered on 23 Dec 2006.

    23 Dec 2006

Frequently asked questions

  • Saffron Needles Private Limited was incorporated on 20 Jun 2006.

  • The authorized share capital of Saffron Needles Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.45 M.

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

    • Durga Prasad Goenka
    • Neetu Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Needles Private Limited is Plot No. B-2/3 Road 8 Hojiwala Industrial Estate Susml, Sachi N India, Surat, Gujarat, 394230.

  • The corporate identification number (CIN) of Saffron Needles Private Limited is U18101GJ2006PTC048522 and the company number is 048522 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Saffron Needles Private Limited has fallen by -47.30%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Saffron Needles Private Limited has experienced an downturn of -139.03%.

  • The most recent Balance Sheet for Saffron Needles Private Limited was filed with the ROC on 31 Mar 2022.

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