Savex Technologies Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 37 Year, 6 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5,420.00 Cr
- Satisfied Charges ₹ 967.20 Cr
- Revenue Growth 6.45%
- Profit Growth 64.59%
- Ebitda 56.65%
- Net Worth 33.41%
- Total Assets 69.12%
About Savex Technologies
Savex Technologies Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 February 1988 and has a history of 37 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Savex Computers Limited. The Company is engaged in the Information Technology 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 10.00 Cr and a paid-up capital of Rs 4.00 Cr.
The company currently has active open charges totaling ₹5,420.00 Cr. The company has closed loans amounting to ₹967.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raunak Jagasia, Anil Jagasia, Anuradha Jagasia, and Five other members 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
U31909MH1988PTC046237
- Company No.
046237
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Feb 1988
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Savex Technologies Private Limited offer?
Savex Technologies Private Limited offers a wide range of products and services, including Technology Support Services, Technical Support Service.
Who are the key members and board of directors at Savex Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayant Goradia  | Managing Director | 23-Oct-2001 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raunak Jagasia | Director | 01-Oct-2019 | Current |
| Mahendra Wahile | Director | 01-Nov-2018 | Current |
| Atul Gaur | Director | 01-Jul-2021 | Current |
| Anil Jagasia | Director | 16-Feb-1988 | Current |
| Anuradha Jagasia | Director | 16-Feb-1988 | Current |
| Devang Pandya | Director | 01-Oct-2009 | Current |
Financial Performance of Savex Technologies.
Savex Technologies Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.45% increase. The company also saw a substantial improvement in profitability, with a 64.59% increase in profit. The company's net worth Soared by an impressive increase of 33.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Savex Technologies?
In 2021, Savex Technologies had a promoter holding of 100.00% and a public holding of 0.01%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Technology Distribution Association Of IndiaJayant Goradia is a mutual person
Savex Softech Private LimitedRaunak Jagasia, Anil Jagasia and 1 more are mutual person
Inflow Technologies Private LimitedRaunak Jagasia and Atul Gaur are mutual person
Fireboltt Technologies Private LimitedRaunak Jagasia is a mutual person
- Clearpoint Electronics Llp
Jayant Goradia is a mutual person
Charges (Loans)
₹5,420.00 Cr
₹967.20 Cr
Charges Breakdown by Lending Institutions
- Others : 2760.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 650.00 Cr
- Yes Bank Limited : 600.00 Cr
- Hdfc Bank Limited : 525.00 Cr
- Citi Bank N.A. : 525.00 Cr
- Others : 360.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2023 | The South Indian Bank Limited | ₹75.00 Cr | Open |
| 22 Feb 2023 | Others | ₹400.00 Cr | Open |
| 05 Sep 2022 | Others | ₹50.00 Cr | Open |
| 23 Aug 2021 | Others | ₹250.00 Cr | Open |
| 04 Sep 2020 | Others | ₹275.00 Cr | Open |
How Many Employees Work at Savex Technologies?
Savex Technologies has a workforce of 1436 employees as of Mar 30, 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 Savex Technologies, 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 Technologies'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.
