Saffron Suitings Private Limited

Textile garment and accessory manufacturing company established in 2001, based in Bhilwara, Rajasthan.

2001 | Bhilwara, Rajasthan (India) | Active
Last Updated: November 16, 2024

Saffron Suitings Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.56 M
  • Company Age 24 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.10 Cr
  • Satisfied Charges ₹ 25.63 Cr
  • Revenue Growth 34.21%
  • Profit Growth 44.74%
  • Ebitda 48.88%
  • Net Worth 21.64%
  • Total Assets 12.44%

About Saffron Suitings

Saffron Suitings Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 2001 and has a history of 24 years. Its registered office is in Bhilwara, Rajasthan, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.56 M.

The company currently has active open charges totaling ₹6.10 Cr. The company has closed loans amounting to ₹25.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satyanarayan Bharadia and Mathureshwar Bharadia serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100RJ2001PTC016869

  • Company No.

    016869

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Satyanarayan Bharadia Country flag representing In Director 07-Feb-2001Current
Mathureshwar Bharadia Country flag representing In Director 07-Feb-2001Current

Financial Performance of Saffron Suitings.

Saffron Suitings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.21% increase. The company also saw a substantial improvement in profitability, with a 44.74% increase in profit. The company's net worth Soared by an impressive increase of 21.64%.

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
34.21%
Revenue from Operations
35.01%
Total Assets
12.44%
Profit or Loss
44.74%
Net Worth
21.64%
EBITDA
48.88%

What is the Ownership and Shareholding Structure of Saffron Suitings?

In 2022, Saffron Suitings 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

₹61.00 M

Satisfied Charges

₹256.32 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2021Hdfc Bank Limited₹6.10 CrOpen
25 Jul 2015Axis Bank Limited₹1.00 MSatisfied
25 Jul 2015Axis Bank Limited₹3.20 CrSatisfied
25 Jul 2015Axis Bank Limited₹3.20 CrSatisfied
28 Jan 2015Axis Bank Limited₹1.50 CrSatisfied

How Many Employees Work at Saffron Suitings?

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

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 61.00 M registered on 24 Aug 2021 with Charge ID 100479851 was modified on 22 Sep 2021.

    22 Sep 2021

  • Charges

    A charge registered on 25 Jul 2015 via Charge ID 10586679 with Axis Bank Limited was fully satisfied on 06 Sep 2021.

    06 Sep 2021

  • Charges

    A charge registered on 25 Jul 2015 via Charge ID 10586773 with Axis Bank Limited was fully satisfied on 06 Sep 2021.

    06 Sep 2021

  • Charges

    A charge registered on 25 Jul 2015 via Charge ID 10586809 with Axis Bank Limited was fully satisfied on 06 Sep 2021.

    06 Sep 2021

Frequently asked questions

  • Saffron Suitings Private Limited was incorporated on 07 Feb 2001.

  • The authorized share capital of Saffron Suitings Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.56 M.

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

    • Satyanarayan Bharadia
    • Mathureshwar Bharadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Suitings Private Limited is C/O Satyanarayan Bharadia 31 32 33 Govindam Complex, India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Saffron Suitings Private Limited is U17100RJ2001PTC016869 and the company number is 016869 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saffron Suitings Private Limited has risen by 34.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saffron Suitings Private Limited has experienced an upsurge of 21.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saffron Suitings Private Limited amount to ₹ 6.10 Cr.

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

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