Saffron Power Innovations Private Limited

Produces a variety of energy-efficient lighting solutions such as bulbs, panels, and drivers.

2012 | Thane, Maharashtra (India) | Active
Last Updated: December 30, 2024

Saffron Power Innovations Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.04 Cr
  • Revenue Growth 68.19%
  • Profit Growth 105.21%
  • Ebitda 58.68%
  • Net Worth 21.58%
  • Total Assets -7.98%

About Saffron Power Innovations

Saffron Power Innovations Private Limited (SPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 November 2012 and has a history of 12 years and three months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹2.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vijay Attarde and Archana Attarde serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31907MH2012PTC237833

  • Company No.

    237833

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Saffron Power Innovations Private Limited offer?

Saffron Power Innovations Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, LED Driver, Street, Flood and Commercial Lights, Spot Lights, LED Downlight, Computer Hardware & Peripherals, Monitor Accessories, Lighting Accessories.

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

Executive Team (1)

Name Designation Appointment Date Status
Vijay Attarde Country flag representing In Managing Director 10-Nov-2012 Current

Board Members (1)

Name Designation Appointment Date Status
Archana Attarde Country flag representing In Director 10-Nov-2012 Current

Financial Performance of Saffron Power Innovations.

Saffron Power Innovations Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 68.19% increase. The company also saw a substantial improvement in profitability, with a 105.21% increase in profit. The company's net worth Soared by an impressive increase of 21.58%.

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
68.19%
Revenue from Operations
69.28%
Total Assets
-7.98%
Profit or Loss
105.21%
Net Worth
21.58%
EBITDA
58.68%

What is the Ownership and Shareholding Structure of Saffron Power Innovations?

In 2020, Saffron Power Innovations 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

₹20.40 M

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 2.04 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2018 Tjsb Sahakari Bank Limited ₹2.04 Cr Satisfied

How Many Employees Work at Saffron Power Innovations?

Saffron Power Innovations has a workforce of 27 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saffron Power Innovations, 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 Power Innovations'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 Power Innovations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Saffron Power Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 30 May 2018 via Charge ID 100185135 with Tjsb Sahakari Bank Limited was fully satisfied on 30 Dec 2021.

    30 Dec 2021

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 20.40 M with Charge ID 100185135 was registered on 30 May 2018.

    30 May 2018

  • Director Appointment

    Vijay Ramdas Attarde was appointed as a Managing Director was appointed as a Managing Director on 10 Nov 2012 & has been associated with this company since 12 years 3 months .

    10 Nov 2012

  • Director Appointment

    Archana Vijay Attarde was appointed as a Director was appointed as a Director on 10 Nov 2012 & has been associated with this company since 12 years 3 months .

    10 Nov 2012

Frequently asked questions

  • Saffron Power Innovations Private Limited was incorporated on 10 Nov 2012.

  • The authorized share capital of Saffron Power Innovations Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Saffron Power Innovations Private Limited.

    • Vijay Ramdas Attarde
    • Archana Vijay Attarde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Power Innovations Private Limited is Plot W-241 A Ttc Industrial Area Rabale Midc Navi Mumbai India, Rabale Navi Mumbai, Maharashtra, 400701.

  • The corporate identification number (CIN) of Saffron Power Innovations Private Limited is U31907MH2012PTC237833 and the company number is 237833 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saffron Power Innovations Private Limited is https://www.saffronin.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saffron Power Innovations Private Limited has risen by 68.19%.

  • As Per 2022 financial reports, 27 employees are currently employed by Saffron Power Innovations Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saffron Power Innovations Private Limited has experienced an upsurge of 21.58%.

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