Savvak Engineering Innovations Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.50 Cr
as on 16-11-2024
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.11 Cr
as on 16-11-2024
- Satisfied Charges ₹ 4.29 Cr
as on 16-11-2024
- Revenue -34.70%
(FY 2023)
- Profit -72.62%
(FY 2023)
- Ebitda -179.75%
(FY 2023)
- Net Worth -55.46%
(FY 2023)
- Total Assets -5.18%
(FY 2023)
About Savvak Engineering Innovations
The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹16.11 Cr. The company has closed loans amounting to ₹4.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Awtar Parmar and Avinash Parmar serve as directors at the Company.
- CIN/LLPIN
U28112DL2009PTC190576
- Company No.
190576
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 May 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Savvak Engineering Innovations?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Awtar Parmar  | Whole-Time Director | 25-May-2009 | Current |
| Avinash Parmar | Whole-Time Director | 25-May-2009 | Current |
Financial Performance of Savvak Engineering Innovations.
Savvak Engineering Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.7% decrease. The company also saw a substantial fall in profitability, with a 72.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Savvak Engineering Innovations?
In 2023, Savvak Engineering Innovations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Savvak Systems Private LimitedActive 31 years 8 monthsAwtar Parmar and Avinash Parmar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 01 Jun 2022 | ₹8.00 M | Open |
Axis Bank Limited Creation Date: 01 Jun 2022 | ₹3.75 Cr | Open |
Axis Bank Limited Creation Date: 01 Jun 2022 | ₹7.00 M | Open |
How Many Employees Work at Savvak Engineering Innovations?
Savvak Engineering Innovations has a workforce of 41 employees as of Apr 01, 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 Savvak Engineering Innovations, 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 Savvak Engineering Innovations'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.
