Saraswat Infotech Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 0.91 M
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.56 Cr
- Satisfied Charges ₹ 16.50 Cr
- Revenue Growth 5.47%
- Profit Growth -70.27%
- Ebitda -84.57%
- Net Worth 2.37%
- Total Assets 5.51%
About Saraswat Infotech
Saraswat Infotech Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 2005 and has a history of 19 years and four months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Saraswat Infotech Limited. The Company is engaged in the Information Technology 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 25.00 Cr and a paid-up capital of Rs 0.91 M.
The company currently has active open charges totaling ₹2.56 Cr. The company has closed loans amounting to ₹16.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Saraswat Infotech Private Limited India is Devdatta Chandgadkar as COMPANY SECRETARY. Niranjan Parelkar and Devdatta Chandgadkar serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200MH2005PTC156921
- Company No.
156921
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Oct 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Saraswat Infotech Private Limited offer?
Saraswat Infotech Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Banking Service, Internet Banking Solutions, Core Banking Solution, Data Processing, Transaction Processing Services, Mobile Banking Services, Bank Management Software, Loan Management Software.
Who are the key members and board of directors at Saraswat Infotech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devdatta Chandgadkar  | Company Secretary | 30-Sep-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Devdatta Chandgadkar | Director and Company Secretary | 24-Sep-2016 | Current |
| Niranjan Parelkar | Director | 24-Sep-2016 | Current |
Financial Performance of Saraswat Infotech.
Saraswat Infotech Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 5.47% increase. The company also saw a substantial fall in profitability, with a 70.27% decrease in profit. The company's net worth moved up by a moderate rise of 2.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Saraswat Infotech?
In 2024, Saraswat Infotech had a public holding of 43.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oritso Buzzarr Private LimitedDevdatta Chandgadkar is a mutual person
List Software Private LimitedDevdatta Chandgadkar is a mutual person
Neorithm Technologies Private LimitedNiranjan Parelkar and Devdatta Chandgadkar are mutual person
Iauro Systems Private LimitedDevdatta Chandgadkar is a mutual person
Authcom Technologies Private LimitedDevdatta Chandgadkar is a mutual person
Charges (Loans)
₹2.56 Cr
₹16.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.00 Cr
- Others : 0.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2023 | Others | ₹2.40 M | Open |
| 22 Mar 2022 | Others | ₹3.15 M | Open |
| 29 Jul 2021 | Hdfc Bank Limited | ₹2.00 Cr | Open |
| 31 Oct 2019 | Hdfc Bank Limited | ₹5.00 M | Satisfied |
| 27 Dec 2010 | The Saraswat Co-Operative Bank Ltd. | ₹4.00 Cr | Satisfied |
How Many Employees Work at Saraswat Infotech?
Saraswat Infotech has a workforce of 169 employees as of Feb 17, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saraswat Infotech, 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 Saraswat Infotech's trajectory.
Rating
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
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.
