Saveta Engineering Co Pvt Ltd

Manufactures industrial items for various industries.

1970 | Sangli, Maharashtra (India) | Active
Last Updated: June 22, 2024

Saveta Engineering Co Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 54 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.34 Cr
  • Satisfied Charges ₹ 8.84 M
  • Revenue Growth 32.67%
  • Profit Growth 124.04%
  • Ebitda 61.50%
  • Net Worth 37.00%
  • Total Assets 18.07%

About Saveta Engineering Co

Saveta Engineering Co Pvt Ltd (SECPL) was founded in India on 28 December 1970 and has a glorious history of 54 years and one month. Its registered office is in Sangli, Maharashtra, 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 2023. 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 currently has active open charges totaling ₹5.34 Cr. The company has closed loans amounting to ₹8.84 M, as per Ministry of Corporate Affairs (MCA) records.

Kailash Sawant, Shivaji Sawant, and Niteen Sawant serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29211MH1970PTC014912

  • Company No.

    014912

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 1970

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Saveta Engineering Co Pvt Ltd offer?

Saveta Engineering Co Pvt Ltd offers a wide range of products and services, including Alloy, Metal and High Strength Bolts, Metal Bolts, Alloy, Metal and Machine Screws, Screws, Stud Bolts, Heavy Duty Bolts, Alloy, Metal and Industrial Nuts, Round Nut, Sheet Metal & Turned Components, Machine Parts.

Who are the key members and board of directors at Saveta Engineering Co?

Board Members (3)

Name Designation Appointment Date Status
Niteen Sawant Country flag representing In Director 27-Dec-2010 Current
Kailash Sawant Country flag representing In Director 01-Feb-2008 Current
Shivaji Sawant Country flag representing In Director 28-Dec-1970 Current

Financial Performance of Saveta Engineering Co.

Saveta Engineering Co Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 32.67% increase. The company also saw a substantial improvement in profitability, with a 124.04% increase in profit. The company's net worth Soared by an impressive increase of 37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
32.67%
Revenue from Operations
32.81%
Total Assets
18.07%
Profit or Loss
124.04%
Net Worth
37.00%
EBITDA
61.50%

What is the Ownership and Shareholding Structure of Saveta Engineering Co?

Unlock access to Saveta Engineering Co's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹53.39 M

Satisfied Charges

₹8.84 M

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 4.00 Cr
  • Others : 1.34 Cr

Latest Charge Details

Date Lender Amount Status
28 Dec 2023 Others ₹1.89 M Open
21 Jan 2021 Others ₹5.50 M Open
05 Mar 2018 Others ₹6.00 M Open
19 Apr 2005 Bank Of Maharashtra ₹1.00 Cr Open
27 Jul 2004 Bank Of Maharashtra ₹2.00 Cr Open

How Many Employees Work at Saveta Engineering Co?

Unlock and access historical data on people associated with Saveta Engineering Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saveta Engineering Co, 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 Saveta Engineering Co's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Saveta Engineering Co

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.89 M with Charge ID 100848135 was registered on 28 Dec 2023.

    28 Dec 2023

  • Annual General Meeting

    Saveta Engineering Co Pvt Ltd last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Saveta Engineering Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.50 M with Charge ID 100414804 was registered on 21 Jan 2021.

    21 Jan 2021

  • Charges

    A charge registered on 05 Mar 2018 via Charge ID 100162714 with Others was fully satisfied on 22 Dec 2020.

    22 Dec 2020

  • Charges

    A charge registered on 18 Mar 2015 via Charge ID 10561781 with Bank Of Maharashtra was fully satisfied on 30 Sep 2019.

    30 Sep 2019

Frequently asked questions

  • Saveta Engineering Co Pvt Ltd was incorporated on 28 Dec 1970.

  • The authorized share capital of Saveta Engineering Co Pvt Ltd is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Saveta Engineering Co Pvt Ltd.

    • Kailash Shivaji Sawant
    • Shivaji Ananda Sawant
    • Niteen Shivaji Sawant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saveta Engineering Co Pvt Ltd is Savantpur [Palus]Tal Tasgaon, Sangli, Maharashtra, India, 416308.

  • The corporate identification number (CIN) of Saveta Engineering Co Pvt Ltd is U29211MH1970PTC014912 and the company number is 014912 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saveta Engineering Co Pvt Ltd has risen by 32.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saveta Engineering Co Pvt Ltd has experienced an upsurge of 37.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saveta Engineering Co Pvt Ltd amount to ₹ 5.34 Cr.

  • The most recent Balance Sheet for Saveta Engineering Co Pvt Ltd was filed with the ROC on 31 Mar 2023.

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