Savas Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 4.71 M
- Paid Up Capital ₹ 1.91 M
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.50 Cr
- Satisfied Charges ₹ 7.26 Cr
- Revenue Growth 11.05%
- Profit Growth -903.01%
- Ebitda 19.92%
- Net Worth -13.62%
- Total Assets 10.27%
About Savas Engineering Company
Savas Engineering Company Private Limited (SECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 1999 and has a history of 25 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 4.71 M and a paid-up capital of Rs 1.91 M.
The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹7.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Savas Engineering Company Private Limited India is Sunil Jain as CEO. Aakanksha Mamtora, Sunil Jain, and Mahendra Vyas serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29197GJ1999PTC081203
- Company No.
081203
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Aug 1999
- Date of AGM
11 May 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Savas Engineering Company Private Limited offer?
Savas Engineering Company Private Limited offers a wide range of products and services, including Machines & Equipments, Industrial Oil Filter Machine, Vacuum Dryers, Vacuum Drying Plant, Vacuum Based Machinery, Dryers & Evaporators, Fuel Handling System, Transformer Oil Filtration Plant.
Savas Engineering Company Private Limited
Explore comprehensive data for Savas Engineering Company Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Savas Engineering Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Jain  | CEO | 01-Apr-2015 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aakanksha Mamtora | Director | 10-Jul-2004 | Current |
| Mahendra Vyas | Director | 30-Mar-2018 | Current |
Financial Performance of Savas Engineering Company.
Savas Engineering Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.05% increase. The company also saw a substantial fall in profitability, with a 903.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Savas Engineering Company?
In 2023, Savas Engineering Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Transpares LimitedAakanksha Mamtora is a mutual person
Benchmark Hr Solutions (India) LlpAakanksha Mamtora is a mutual person
Taril Infrastructure LimitedMahendra Vyas is a mutual person
- Transweld Mechanical Engineering Works Limited
Mahendra Vyas is a mutual person
Charges (Loans)
Open Charges
₹75.00 M
Satisfied Charges
₹72.65 M
Charges Breakdown by Lending Institutions
- Others : 7.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2024 | Others | ₹7.50 Cr | Open |
| 15 Apr 2009 | Idbi Bank Limited | ₹7.26 Cr | Satisfied |
How Many Employees Work at Savas Engineering Company?
Savas Engineering Company has a workforce of 18 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Savas Engineering Company, 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 Savas Engineering Company'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 Savas Engineering Company
Recent activity within the organization
- Charges
A charge registered on 15 Apr 2009 via Charge ID 10156119 with Idbi Bank Limited was fully satisfied on 18 Oct 2024.
- Charges
A charge with Others of Rs. 75.00 M registered on 29 Mar 2024 with Charge ID 100905967 was modified on 05 Aug 2024.
- Annual General Meeting
Savas Engineering Company Private Limited last Annual general meeting of members was held on 11 May 2024 as per latest MCA records.
- Balance Sheet
Savas Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 75.00 M with Charge ID 100905967 was registered on 29 Mar 2024.
- Charges
A charge with Idbi Bank Limited of Rs. 72.65 M registered on 15 Apr 2009 with Charge ID 10156119 was modified on 03 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Savas Engineering Company Private Limited?
Savas Engineering Company Private Limited was incorporated on 05 Aug 1999.
What is authorized share capital and paid-up capital of Savas Engineering Company Private Limited?
The authorized share capital of Savas Engineering Company Private Limited is ₹ 4.71 M and paid-up capital is ₹ 1.91 M.
Who are the current board members & directors of Savas Engineering Company Private Limited?
Currently 4 directors are associated with Savas Engineering Company Private Limited.
- Aakanksha Satyen Mamtora
- Sunil Shantilal Jain
- Sunil Shantilal Jain
- Mahendra Shambhulal Vyas
What is the registered address of Savas Engineering Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Savas Engineering Company Private Limited is 498/1 Radhe Industrial Estate Tajpur Road Village: Changodar, Taluka: Sanand India, Ahmedabad, Gujarat, 382213.
What is the corporate identification number (CIN) and company number of Savas Engineering Company Private Limited?
The corporate identification number (CIN) of Savas Engineering Company Private Limited is U29197GJ1999PTC081203 and the company number is 081203 as per Ministry of Corporate Affairs (MCA).
What is the official website of Savas Engineering Company Private Limited?
The Official website of Savas Engineering Company Private Limited is https://www.savas.co.in
What has been the recent revenue trend for Savas Engineering Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Savas Engineering Company Private Limited has risen by 11.05%.
How many employees does Savas Engineering Company Private Limited currently have?
As Per 2023 financial reports, 18 employees are currently employed by Savas Engineering Company Private Limited.
What change has been observed in the net worth of Savas Engineering Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Savas Engineering Company Private Limited has experienced an downturn of -13.62%.
What are the total open charges for Savas Engineering Company Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Savas Engineering Company Private Limited amount to ₹ 7.50 Cr.
When was the last Balance Sheet of Savas Engineering Company Private Limited filed with the ROC?
The most recent Balance Sheet for Savas Engineering Company Private Limited was filed with the ROC on 31 Mar 2024.
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