Savemax Solar Systems Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.32 M
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 0.40 M
- Revenue Growth 48.86%
- Profit Growth 68.38%
- Ebitda -86.55%
- Net Worth 12.06%
- Total Assets -9.38%
About Savemax Solar Systems
Savemax Solar Systems Private Limited (SSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 1998 and has a history of 26 years and ten months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables 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 0.50 M and a paid-up capital of Rs 0.32 M.
The company has closed loans amounting to ₹0.40 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kunda Chinchanikar, Ramchandra Chinchanikar, Saurabh Chinchanikar, and One other member serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40106MH1998PTC114166
- Company No.
114166
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Savemax Solar Systems Private Limited offer?
Savemax Solar Systems Private Limited offers a wide range of products and services, including Industrial Heaters, Heat Pump Water Heater, Solar Water Heater Tubes & Accessories, Flat Plate Solar Collector.
Who are the key members and board of directors at Savemax Solar Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramchandra Chinchanikar  | Managing Director | 25-Mar-1998 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saurabh Chinchanikar | Director | 15-Jan-2014 | Current |
| Aishwarya Chinchanikar | Director | 26-May-2015 | Current |
| Kunda Chinchanikar | Director | 25-Mar-1998 | Current |
Financial Performance of Savemax Solar Systems.
Savemax Solar Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.86% increase. The company also saw a substantial improvement in profitability, with a 68.38% increase in profit. The company's net worth Soared by an impressive increase of 12.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Savemax Solar Systems?
In 2023, Savemax Solar Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹0.40 M
Charges Breakdown by Lending Institutions
- The Cosmos Co Operative Bank Limited : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2000 | The Cosmos Co Operative Bank Limited | ₹0.15 M | Satisfied |
| 05 Nov 1998 | The Cosmos Co Operative Bank Limited | ₹0.25 M | Satisfied |
How Many Employees Work at Savemax Solar Systems?
Savemax Solar Systems has a workforce of 29 employees as of Apr 03, 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 Savemax Solar Systems, 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 Savemax Solar Systems'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.
