Savex Electricals (India) Private Limited

Manufactures and sells LED lights and related products.

2012 | Surat, Gujarat (India) | Active
Last Updated: June 22, 2024

Savex Electricals (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.17 Cr
  • Revenue Growth 33.75%
  • Profit Growth 84.68%
  • Ebitda 59.85%
  • Net Worth 5.64%
  • Total Assets -18.57%

About Savex Electricals (India)

Savex Electricals (India) Private Limited (SEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2012 and has a history of 12 years and four months. Its registered office is in Surat, Gujarat, 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 0.50 M.

The company currently has active open charges totaling ₹2.17 Cr.

Vijay Patoliya, Sanjaykumar Patodiya, Asmitaben Patodiya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    savexelectricals.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ2012PTC071987

  • Company No.

    071987

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Savex Electricals (India) Private Limited offer?

Savex Electricals (India) Private Limited offers a wide range of products and services, including Street Lights, LED Street Light, Flood Lights, High Bay Light.

Who are the key members and board of directors at Savex Electricals (India)?

Board Members (5)

Name Designation Appointment Date Status
Vijay Patoliya Country flag representing In Director 17-Sep-2012 Current
Sanjaykumar Patodiya Country flag representing In Director 17-Sep-2012 Current
Asmitaben Patodiya Country flag representing In Director 27-Sep-2014 Current
Varshaben Patoliya Country flag representing In Director 27-Sep-2014 Current
Chetnaben Patodiya Country flag representing In Director 27-Sep-2014 Current

Financial Performance of Savex Electricals (India).

Savex Electricals (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.75% increase. The company also saw a substantial improvement in profitability, with a 84.68% increase in profit. The company's net worth moved up by a moderate rise of 5.64%.

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
33.75%
Revenue from Operations
35.65%
Total Assets
-18.57%
Profit or Loss
84.68%
Net Worth
5.64%
EBITDA
59.85%

What is the Ownership and Shareholding Structure of Savex Electricals (India)?

In 2022, Savex Electricals (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.17 Cr

Latest Charge Details

Date Lender Amount Status
03 Nov 2012 Axis Bank Limited ₹2.17 Cr Open

How Many Employees Work at Savex Electricals (India)?

Unlock and access historical data on people associated with Savex Electricals (India), 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 Savex Electricals (India), 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 Savex Electricals (India)'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 Savex Electricals (India)

Recent activity within the organization

  • Annual General Meeting

    Savex Electricals (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Savex Electricals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 21.70 M registered on 03 Nov 2012 with Charge ID 10385298 was modified on 21 Aug 2020.

    21 Aug 2020

  • Director Appointment

    Asmitaben Jitendrabhai Patodiya was appointed as a Director was appointed as a Director on 27 Sep 2014 & has been associated with this company since 10 years 4 months .

    27 Sep 2014

  • Director Appointment

    Varshaben Pareshbhai Patoliya was appointed as a Director was appointed as a Director on 27 Sep 2014 & has been associated with this company since 10 years 4 months .

    27 Sep 2014

  • Director Appointment

    Chetnaben Vijaybhai Patodiya was appointed as a Director was appointed as a Director on 27 Sep 2014 & has been associated with this company since 10 years 4 months .

    27 Sep 2014

Frequently asked questions

  • Savex Electricals (India) Private Limited was incorporated on 17 Sep 2012.

  • The authorized share capital of Savex Electricals (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Savex Electricals (India) Private Limited.

    • Vijay Sukhabhai Patoliya
    • Sanjaykumar Sukhlal Patodiya
    • Asmitaben Jitendrabhai Patodiya
    • Varshaben Pareshbhai Patoliya
    • Chetnaben Vijaybhai Patodiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savex Electricals (India) Private Limited is Block No. 73 Plot No. 18 Krishna Park Village: Saniyahemad Tal., Choryasi, Surat, Gujarat, India, 395008.

  • The corporate identification number (CIN) of Savex Electricals (India) Private Limited is U31909GJ2012PTC071987 and the company number is 071987 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Savex Electricals (India) Private Limited is https://www.savexelectricals.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Savex Electricals (India) Private Limited has risen by 33.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Savex Electricals (India) Private Limited has experienced an upsurge of 5.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Savex Electricals (India) Private Limited amount to ₹ 2.17 Cr.

  • The most recent Balance Sheet for Savex Electricals (India) Private Limited was filed with the ROC on 31 Mar 2023.