Save Solutions Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.32 Cr
- Company Age 11 Year, 2 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 two 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
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
| 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 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
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
Hope Microcredit Finance (India) Private LimitedAditya Bhandari is a mutual person
Charges (Loans)
₹793.39 Cr
₹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.
