Savex Technologies Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 37 Year, 3 Months
- 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 and three months. 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
Information Technology
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.
Savex Technologies Private Limited
Explore comprehensive data for Savex Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Open Charges
₹5,420.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Savex Technologies
Recent activity within the organization
- Annual General Meeting
Savex Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 29 Apr 2022 via Charge ID 100574522 with Others was fully satisfied on 08 Aug 2024.
- Charges
A charge registered on 25 Mar 2021 via Charge ID 100437749 with Jp Morgan Chase Bank, N.A. was fully satisfied on 22 Jul 2024.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 650.00 Cr registered on 25 Sep 2008 with Charge ID 10124610 was modified on 10 Jun 2024.
- Charges
A charge with Yes Bank Limited of Rs. 600.00 Cr registered on 06 Jan 2012 with Charge ID 10332439 was modified on 28 May 2024.
- Charges
A charge with Others of Rs. 400.00 Cr registered on 09 Sep 2019 with Charge ID 100292120 was modified on 16 May 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Savex Technologies Private Limited?
Savex Technologies Private Limited was incorporated on 16 Feb 1988.
What is authorized share capital and paid-up capital of Savex Technologies Private Limited?
The authorized share capital of Savex Technologies Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.00 Cr.
Who are the current board members & directors of Savex Technologies Private Limited?
Currently 8 directors are associated with Savex Technologies Private Limited.
- Raunak Anil Jagasia
- Anil Ishwarlal Jagasia
- Anuradha Anil Jagasia
- Jayant Harkisandas Goradia
- Devang Achyut Pandya
- Atul Gaur
- Saurabh Madhukar Naik
- Mahendra Ramdas Wahile
What is the registered address of Savex Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Savex Technologies Private Limited is 124-B 12Th Floor Maker Chamber Iii, India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Savex Technologies Private Limited?
The corporate identification number (CIN) of Savex Technologies Private Limited is U31909MH1988PTC046237 and the company number is 046237 as per Ministry of Corporate Affairs (MCA).
What is the official website of Savex Technologies Private Limited?
The Official website of Savex Technologies Private Limited is https://www.savex.org
What has been the recent revenue trend for Savex Technologies Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Savex Technologies Private Limited has risen by 6.45%.
How many employees does Savex Technologies Private Limited currently have?
As Per 2022 financial reports, 1436 employees are currently employed by Savex Technologies Private Limited.
What change has been observed in the net worth of Savex Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Savex Technologies Private Limited has experienced an upsurge of 33.41%.
What are the total open charges for Savex Technologies Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Savex Technologies Private Limited amount to ₹ 5,420.00 Cr.
When was the last Balance Sheet of Savex Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Savex Technologies Private Limited was filed with the ROC on 31 Mar 2024.
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