Savex Softech Private Limited

IT consulting and software development for local and international markets with foreign collaborations.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: January 12, 2025

Savex Softech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.90 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 M
  • Revenue Growth %
  • Profit Growth -220.41%
  • Ebitda -589.54%
  • Net Worth -2.29%
  • Total Assets 21.43%

About Savex Softech

Savex Softech Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 June 1997 and has a history of 27 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.90 M.

The company currently has active open charges totaling ₹7.50 M.

Raunak Jagasia, Anil Jagasia, Jayant Goradia, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH1997PTC108864

  • Company No.

    108864

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 1997

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Savex Softech?

Board Members (4)

Name Designation Appointment Date Status
Raunak Jagasia Country flag representing In Director 21-Nov-2022 Current
Anil Jagasia Country flag representing In Director 18-Jun-1997 Current
Jayant Goradia Country flag representing In Director 21-Nov-2022 Current
Jitendra Valia Country flag representing In Director 18-Jun-1997 Current

Financial Performance of Savex Softech.

Savex Softtech Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 220.41% decrease in profit. The company's net worth dipped by a decrease of 2.29%.

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
Revenue from Operations
Total Assets
21.43%
Profit or Loss
-220.41%
Net Worth
-2.29%
EBITDA
-589.54%

What is the Ownership and Shareholding Structure of Savex Softech?

In 2023, Savex Softech had a public 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

₹0.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Saurashtra : 0.50 Cr
  • Union Bank Of India : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
14 Mar 2001 Union Bank Of India ₹2.50 M Open
01 Sep 1997 State Bank Of Saurashtra ₹5.00 M Open

How Many Employees Work at Savex Softech?

Unlock and access historical data on people associated with Savex Softech, 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 Softech, 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 Softech'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 Softech

Recent activity within the organization

  • Annual General Meeting

    Savex Softech Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

    Savex Softech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Raunak Anil Jagasia was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 2 years 2 months .

    21 Nov 2022

  • Director Appointment

    Jayant Harkisandas Goradia was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 2 years 2 months .

    21 Nov 2022

  • Charges

    A charge with Union Bank Of India amounted to Rs. 0.25 Cr with Charge ID 90236069 was registered on 14 Mar 2001.

    14 Mar 2001

  • Charges

    A charge with State Bank Of Saurashtra of Rs. 0.50 Cr registered on 01 Sep 1997 with Charge ID 90234364 was modified on 13 Jul 1999.

    13 Jul 1999

Frequently asked questions

  • Savex Softech Private Limited was incorporated on 18 Jun 1997.

  • The authorized share capital of Savex Softech Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.90 M.

  • Currently 4 directors are associated with Savex Softech Private Limited.

    • Raunak Anil Jagasia
    • Anil Ishwarlal Jagasia
    • Jayant Harkisandas Goradia
    • Jitendra Vrundavandas Valia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savex Softech Private Limited is 113 Floor-11Th Plot-223 Maker Chambers Iii Jamnalal Bajaj Marg Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Savex Softech Private Limited is U72200MH1997PTC108864 and the company number is 108864 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Savex Softech Private Limited is https://www.savex.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Savex Softech Private Limited has experienced an downturn of -2.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Savex Softech Private Limited amount to ₹ 7.50 M.

  • The most recent Balance Sheet for Savex Softech Private Limited was filed with the ROC on 31 Mar 2024.

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