Savatex Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 53 Year, 12 Days
- Last Filing with ROC 31 Mar 2016
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth -18.24%
- Profit Growth -502.43%
- Ebitda 26.90%
- Net Worth -1218.58%
- Total Assets -42.57%
About Savatex
Savatex Private Limited. (SPL) was founded in India on 20 January 1972 and has a glorious history of 53 years .Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Home & Lifestyle Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Furrokh Mehta, Nari Chothia, Jehangir Mehta, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999MH1972PTC015565
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Company No.
015565
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Jan 1972
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Date of AGM
16 Jun 2015
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Date of Balance Sheet
31 Mar 2016
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Savatex?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Furrokh Mehta
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Director | 12-Dec-1974 | Current |
Nari Chothia
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Director | 14-Sep-2003 | Current |
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Jehangir Mehta
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Director | 12-Jul-2012 | Current |
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Homi Mehta
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Director | 11-Dec-1974 | Current |
Financial Performance of Savatex.
Savatex Private Limited., for the financial year ended 2016, experienced significant reduction in revenue, with a 18.24% decrease. The company also saw a substantial fall in profitability, with a 502.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1218.58%.
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What is the Ownership and Shareholding Structure of Savatex?
In 2016, Savatex 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)
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Homi Mehta And Sons Private LimitedFurrokh Mehta, Nari Chothia and 2 more are mutual person
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H M Mehta And Company Private Limited
Nari Chothia, Jehangir Mehta and 1 more are mutual person
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Metropolis Metro Motors Private Limited
Nari Chothia, Jehangir Mehta and 1 more are mutual person
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Accelerant Ventures India Llp
Nari Chothia is a mutual person
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Accelerant Hospitality Ventures Llp
Nari Chothia is a mutual person
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Accelerant Property Ventures Llp
Nari Chothia is a mutual person
Charges (Loans)
₹0
₹10.00 M
Charges Breakdown by Lending Institutions
- Rbs Financial Services (India) Private Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Aug 2014 | Rbs Financial Services (India) Private Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Savatex?
Unlock and access historical data on people associated with Savatex, 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 Savatex, 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 Savatex'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.
