Save Solutions Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.32 Cr
- Company Age 11 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 793.39 Cr
- Satisfied Charges ₹ 69.15 Cr
- Revenue Growth 16.85%
- Profit Growth -88.19%
- Ebitda -22.05%
- Net Worth 20.02%
- Total Assets 21.26%
About Save Solutions
Save Solutions Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 2013 and has a history of 11 years and three months. Its registered office is in Delhi, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.32 Cr.
The company currently has active open charges totaling ₹793.39 Cr. The company has closed loans amounting to ₹69.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Save Solutions Private Limited India are Kunal Sharma as CFO and Megha Bansal as Company Secretary. Ajay Sinha, Pankaj Kumar, Ajeet Singh, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900DL2013PTC306908
- Company No.
306908
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Dec 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Save Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kunal Sharma | CFO | 01-Feb-2024 | Current |
Megha Bansal  | Company Secretary | 01-Feb-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pankaj Kumar | Director | 02-Dec-2013 | Current |
| Ajay Sinha | Director | 02-Dec-2013 | Current |
| Ajeet Singh | Director | 02-Dec-2013 | Current |
| Krishna Tiwary | Director | 30-Nov-2018 | Current |
| Aditya Bhandari | Nominee Director | 20-Mar-2018 | Current |
| Siva Alagan | Nominee Director | 23-Jul-2020 | Current |
Financial Performance of Save Solutions.
Save Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.85% increase. The company also saw a substantial fall in profitability, with a 88.19% decrease in profit. The company's net worth Soared by an impressive increase of 20.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Save Solutions?
In 2023, Save Solutions had a promoter holding of 55.14% and a public holding of 44.86%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Matritaw Bhawani Services Private LimitedAjay Sinha is a mutual person
Light Microfinance Private LimitedAditya Bhandari is a mutual person
Save Housing Finance LimitedAjay Sinha, Pankaj Kumar and 3 more are mutual person
Belstar Microfinance LimitedSiva Alagan is a mutual person
Incofin India Investment Management Private LimitedAditya Bhandari is a mutual person
M.B.S. India Infradevelopers Private LimitedAjay Sinha, Pankaj Kumar and 1 more are mutual person
Charges (Loans)
Open Charges
₹793.39 Cr
Satisfied Charges
₹69.15 Cr
Charges Breakdown by Lending Institutions
- Others : 511.04 Cr
- State Bank Of India : 170.91 Cr
- Indian Overseas Bank : 45.00 Cr
- Idbi Trusteeship Services Limited : 44.00 Cr
- Indian Bank : 10.00 Cr
- Others : 12.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2024 | Hdfc Bank Limited | ₹1.46 M | Open |
| 26 Jun 2024 | Hdfc Bank Limited | ₹0.91 M | Open |
| 24 May 2024 | Others | ₹21.60 Cr | Open |
| 07 May 2024 | Others | ₹33.20 Cr | Open |
| 27 Mar 2024 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Save Solutions?
Save Solutions has a workforce of 207 employees as of Apr 09, 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 Save Solutions, 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 Save Solutions'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 Save Solutions
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100968774 was registered on 29 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100960849 was registered on 26 Jun 2024.
- Charges
A charge registered on 30 Apr 2021 via Charge ID 100452479 with Others was fully satisfied on 31 May 2024.
- Charges
A charge with Others amounted to Rs. 21.60 Cr with Charge ID 100952952 was registered on 24 May 2024.
- Charges
A charge with Others amounted to Rs. 33.20 Cr with Charge ID 100977311 was registered on 07 May 2024.
- Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100929826 was registered on 27 Mar 2024.
Recent News, Updates & Announcement
- Rural Financial Services Provider SAVE Solutions Receives $6 Million in Funding from Incofin Investment Management to Expand Banking and Lending Services.
SAVE Solutions Pvt. Ltd, a rural financial services provider, has received $6 million in funding from Incofin Investment Management. This will help the company expand its banking and lending services, particularly in rural and agricultural areas. The company plans to use the funds to strengthen its technology and analytics capabilities. Incofin believes that SAVE is at the forefront of financial inclusion and is excited to partner with them..
Frequently asked questions
What is the Incorporation or founding date of Save Solutions Private Limited?
Save Solutions Private Limited was incorporated on 02 Dec 2013.
What is authorized share capital and paid-up capital of Save Solutions Private Limited?
The authorized share capital of Save Solutions Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.32 Cr.
Who are the current board members & directors of Save Solutions Private Limited?
Currently 8 directors are associated with Save Solutions Private Limited.
- Ajay Kumar Sinha
- Pankaj Kumar
- Ajeet Kumar Singh
- Krishna Kumar Tiwary
- Aditya Bhandari
- Siva Chidambaram Vadivel Alagan
- Kunal Sharma
- Megha Bansal
What is the registered address of Save Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Save Solutions Private Limited is Unit No. 761 7Th Floor Vegas Mall Plot No.6 Sector-14, Dwarka India, New Delhi, 110075.
What is the corporate identification number (CIN) and company number of Save Solutions Private Limited?
The corporate identification number (CIN) of Save Solutions Private Limited is U74900DL2013PTC306908 and the company number is 306908 as per Ministry of Corporate Affairs (MCA).
What is the official website of Save Solutions Private Limited?
The Official website of Save Solutions Private Limited is https://www.saveind.in
What has been the recent revenue trend for Save Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Save Solutions Private Limited has risen by 16.85%.
How many employees does Save Solutions Private Limited currently have?
As Per 2023 financial reports, 207 employees are currently employed by Save Solutions Private Limited.
What change has been observed in the net worth of Save Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Save Solutions Private Limited has experienced an upsurge of 20.02%.
What are the total open charges for Save Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Save Solutions Private Limited amount to ₹ 793.39 Cr.
When was the last Balance Sheet of Save Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Save Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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