

Savani Financials Profile
Key Indicators
- Authorised Capital ₹ 38.00 Cr
- Paid Up Capital ₹ 27.60 Cr
- Company Age 41 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 8.10 Cr
- Revenue Growth 10.26%
- Profit Growth -2615.71%
- Ebitda -2515.86%
- Net Worth -95.15%
- Total Assets 25.17%
About Savani Financials
Savani Financials Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 21 December 1983 and has a history of 41 years and two months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511577.
The Corporate was formerly known as Savani Investments & Leasing Limited. The Company is engaged in the Financial Services 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 38.00 Cr and a paid-up capital of Rs 27.60 Cr.
The company has closed loans amounting to ₹8.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Savani Financials Limited India are Darsh Mehta as Company Secretary, Jatinder Shah as Ceo, and Naresh Malavia as Cfo. Ajay Patadia, Deepa Tracy, Jitendra Negandhi, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L67120MH1983PLC031614
- Company No.
031614
- Stock Symbol
BSE : 511577
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Dec 1983
- Date of AGM
08 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Savani Financials?
Executive Team (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Deepa Tracy ![]() | Managing Director | 11-May-2012 | Current |
Darsh Mehta | Company Secretary | 20-Aug-2024 | Current |
Jatinder Shah | CEO | 22-Aug-2024 | Current |
Naresh Malavia | CFO | 20-Aug-2024 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Purvi Ambani ![]() | Director | 10-Apr-2024 | Current |
Ajay Patadia ![]() | Director | 29-May-2023 | Current |
Jitendra Negandhi ![]() | Director | 10-Apr-2024 | Current |
Ravishankar Ramamoorthy ![]() | Director | 10-Apr-2024 | Current |
Vikrant Ponkshe ![]() | Director | 02-Feb-2024 | Current |
Financial Performance of Savani Financials.
Savani Financials Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 10.26% increase. The company also saw a substantial fall in profitability, with a 2615.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 95.15%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Savani Financials?
In 2024, Savani Financials had a promoter holding of 57.18% and a public holding of 42.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Mantra Vision Private Limited
Deepa Tracy is a mutual person
- Mantra Exports Private Limited
Deepa Tracy is a mutual person
- Resonance Specialties Limited
Ajay Patadia is a mutual person
- Being Catalyst Private Limited
Vikrant Ponkshe is a mutual person
- Nla Advisory Services Private Limited
Ajay Patadia is a mutual person
- Asit C Mehta Advisors Limited
Purvi Ambani is a mutual person
Charges (Loans)
₹0
₹8.10 Cr
Charges Breakdown by Lending Institutions
- Central Bank Of India : 4.60 Cr
- Dena Bank : 1.50 Cr
- Uco Bank : 1.00 Cr
- United Commercial Bank : 0.50 Cr
- State Bank Of Hyderabad : 0.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
10 Apr 1995 | Central Bank Of India | ₹3.10 Cr | Satisfied |
23 Nov 1994 | Central Bank Of India | ₹1.50 Cr | Satisfied |
17 Mar 1994 | Dena Bank | ₹1.50 Cr | Satisfied |
08 Nov 1993 | State Bank Of Hyderabad | ₹5.00 M | Satisfied |
30 Mar 1992 | Uco Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at Savani Financials?
Unlock and access historical data on people associated with Savani Financials, 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 Savani Financials, 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 Savani Financials'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.
Latest Updates, News, and FAQs on Savani Financials
Recent activity within the organization
- Director Appointment
Jatinder Mohan Singh Shah was appointed as a Ceo was appointed as a Ceo on 22 Aug 2024 & has been associated with this company since 6 months 12 days .
- Director Appointment
Darsh Sunil Mehta was appointed as a Company Secretary was appointed as a Company Secretary on 20 Aug 2024 & has been associated with this company since 6 months 14 days .
- Director Appointment
Naresh Bharat Malavia was appointed as a Cfo was appointed as a Cfo on 20 Aug 2024 & has been associated with this company since 6 months 14 days .
- Annual General Meeting
Savani Financials Limited last Annual general meeting of members was held on 08 Jul 2024 as per latest MCA records.
- Director Appointment
Jitendra Laxmidas Negandhi was appointed as a Director was appointed as a Director on 10 Apr 2024 & has been associated with this company since 10 months 23 days .
- Director Appointment
Ravishankar Ramamoorthy was appointed as a Director was appointed as a Director on 10 Apr 2024 & has been associated with this company since 10 months 23 days .
Frequently asked questions
What is the Incorporation or founding date of Savani Financials Limited?
Savani Financials Limited was incorporated on 21 Dec 1983.
What is authorized share capital and paid-up capital of Savani Financials Limited?
The authorized share capital of Savani Financials Limited is ₹ 38.00 Cr and paid-up capital is ₹ 27.60 Cr.
Who are the current board members & directors of Savani Financials Limited?
Currently 9 directors are associated with Savani Financials Limited.
- Ajay Anantrai Patadia
- Deepa Kishor Tracy
- Jitendra Laxmidas Negandhi
- Ravishankar Ramamoorthy
- Purvi Ramesh Ambani
- Vikrant Prabhakar Ponkshe
- Darsh Sunil Mehta
- Jatinder Mohan Singh Shah
- Naresh Bharat Malavia
What is the registered address of Savani Financials Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Savani Financials Limited is 602 Samarth Vaibhav Co-Op Hsg Society Ltd. Off - Link Road Lokhandwala Complex, Andheri (West) India, Mumbai, Maharashtra, 400053.
What is the corporate identification number (CIN) and company number of Savani Financials Limited?
The corporate identification number (CIN) of Savani Financials Limited is L67120MH1983PLC031614 and the company number is 031614 as per Ministry of Corporate Affairs (MCA).
Is Savani Financials Limited registered with any stock exchange in India?
Yes, Savani Financials Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Savani Financials Limited?
The Official website of Savani Financials Limited is https://www.savanifinancials.co.in
What has been the recent revenue trend for Savani Financials Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Savani Financials Limited has risen by 10.26%.
What change has been observed in the net worth of Savani Financials Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Savani Financials Limited has experienced an downturn of -95.15%.
When was the last Balance Sheet of Savani Financials Limited filed with the ROC?
The most recent Balance Sheet for Savani Financials Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
- Suresh MhatreDirector
SM
Samir MehtaDirectorMC
Manish ChaudhariDirectorMC
Manish ChulawalaDirectorMS
Manojkumar ShahDirectorRS
Rasiklal SavaniDirectorNS
Nayant SavaniDirector
Similar Companies Based on Investment & Credit NBFC
- Tata Capital Limited Mumbai, Maharashtra, India
- Shriram Finance Limited Chennai, Tamil Nadu, India
- Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
- Power Finance Corporation Limited New Delhi, India
- Sbi Cards And Payment Services Limited North West Delhi, Delhi, India
- Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
- Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
- Bajaj Finance Limited Pune, Maharashtra, India