Savis Retail Private Limited

IT company developing innovative vending machine for simplified snack purchasing at public and corporate locations.

2016 | Bangalore, Karnataka (India) | Active
Last Updated:

Savis Retail Profile

Key Indicators

  • Authorised Capital ₹ 10.10 Cr
  • Paid Up Capital ₹ 7.56 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -96.62%
  • Profit Growth 68.71%
  • Ebitda 96.27%
  • Net Worth 331.08%
  • Total Assets -70.35%

About Savis Retail

Savis Retail Private Limited (SRPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 October 2016 (Eight years and four months 16 days old ). Its registered office is in Bangalore, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 10.10 Cr and a paid-up capital of Rs 7.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipul Parekh and Menon Hari serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kwik24.com

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC097228

  • Company No.

    097228

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2016

  • Date of AGM

    07 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables
Machinery and Equipment

Who are the key members and board of directors at Savis Retail?

Board Members (2)

NameDesignationAppointment DateStatus
Vipul Parekh Country flag representing In Director 31-Aug-2018Current
Menon Hari Country flag representing In Director 31-Aug-2018Current

Financial Performance of Savis Retail.

Savis Retail Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.62% decrease. The company also saw a substantial improvement in profitability, with a 68.71% increase in profit. The company's net worth Soared by an impressive increase of 331.08%.

Savis Retail revenue growth over time
Savis Retail 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
-96.62%
Revenue from Operations
Total Assets
-70.35%
Profit or Loss
68.71%
Net Worth
331.08%
EBITDA
96.27%

What is the Ownership and Shareholding Structure of Savis Retail?

In 2023, Savis Retail 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Savis Retail?

Savis Retail has a workforce of 42 employees as of Apr 06, 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.

Employee growth trends for Savis Retail Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Savis Retail, 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 Savis Retail'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 Savis Retail

Recent activity within the organization

  • Annual General Meeting

    Savis Retail Private Limited last Annual general meeting of members was held on 07 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Savis Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Vipul Mahendra Parekh was appointed as a Director was appointed as a Director on 31 Aug 2018 & has been associated with this company since 6 years 6 months .

  • Director Appointment

    Menon Hari was appointed as a Director was appointed as a Director on 31 Aug 2018 & has been associated with this company since 6 years 6 months .

  • Company Incorporation

    Savis Retail Private Limited was registered on 19 Oct 2016 with Roc Bangalore & aged 8 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Savis Retail Private Limited?

    Savis Retail Private Limited was incorporated on 19 Oct 2016.

  • What is authorized share capital and paid-up capital of Savis Retail Private Limited?

    The authorized share capital of Savis Retail Private Limited is ₹ 10.10 Cr and paid-up capital is ₹ 7.56 Cr.

  • Who are the current board members & directors of Savis Retail Private Limited?

    Currently 2 directors are associated with Savis Retail Private Limited.

    • Vipul Mahendra Parekh
    • Menon Hari

  • What is the registered address of Savis Retail Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Savis Retail Private Limited is 1St Floor No.7/3 Old Madras Road, Above Hdfc Bank C V Raman Nagar, Bangalore, Karnataka, India, 560093.

  • What is the corporate identification number (CIN) and company number of Savis Retail Private Limited?

    The corporate identification number (CIN) of Savis Retail Private Limited is U74999KA2016PTC097228 and the company number is 097228 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Savis Retail Private Limited?

    The Official website of Savis Retail Private Limited is https://www.kwik24.com

  • What has been the recent revenue trend for Savis Retail Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Savis Retail Private Limited has fallen by -96.62%.

  • How many employees does Savis Retail Private Limited currently have?

    As Per 2023 financial reports, 42 employees are currently employed by Savis Retail Private Limited.

  • What change has been observed in the net worth of Savis Retail Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Savis Retail Private Limited has experienced an upsurge of 331.08%.

  • When was the last Balance Sheet of Savis Retail Private Limited filed with the ROC?

    The most recent Balance Sheet for Savis Retail Private Limited was filed with the ROC on 31 Mar 2024.

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