Savvak Systems Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.20 Cr
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.22 Cr
- Satisfied Charges ₹ 9.25 Cr
- Revenue Growth -13.21%
- Profit Growth 60.59%
- Ebitda 220.51%
- Net Worth -144.19%
- Total Assets -24.72%
About Savvak Systems
Savvak Systems Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 1993 and has a history of 32 years and one month. Its registered office is in Delhi, 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 1.50 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹12.22 Cr. The company has closed loans amounting to ₹9.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Awtar Parmar and Avinash Parmar serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32200DL1993PTC052844
- Company No.
052844
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Mar 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Consumer Electronics & Durables
What products or services does Savvak Systems Private Limited offer?
Savvak Systems Private Limited offers a wide range of products and services, including Metal Furniture Suppliers, Metal Table, Integrated Circuits, Power IC, Display Rack, Retail Display Rack, Clocks and Watches, Wall Clocks, Health Care Service, Solar Power Plants.
Savvak Systems Private Limited
Explore comprehensive data for Savvak Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Savvak Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avinash Parmar  | Managing Director | 16-Sep-1998 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Awtar Parmar | Whole-Time Director | 30-Mar-1993 | Current |
Financial Performance of Savvak Systems.
Savvak Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.21% decrease. The company also saw a substantial improvement in profitability, with a 60.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 144.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Savvak Systems?
In 2023, Savvak Systems had a promoter holding of 81.81% and a public holding of 18.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Savvak Engineering Innovations Private LimitedAwtar Parmar and Avinash Parmar are mutual person
Arra Motion Systems Private LimitedAwtar Parmar is a mutual person
Charges (Loans)
Open Charges
₹12.22 Cr
Satisfied Charges
₹9.25 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 8.25 Cr
- Others : 3.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Others | ₹1.40 M | Open |
| 01 Jun 2022 | Axis Bank Limited | ₹4.45 Cr | Open |
| 01 Jun 2022 | Axis Bank Limited | ₹6.80 M | Open |
| 05 Oct 2021 | Axis Bank Limited | ₹2.50 Cr | Open |
| 05 Oct 2021 | Axis Bank Limited | ₹6.20 M | Open |
How Many Employees Work at Savvak Systems?
Savvak Systems has a workforce of 39 employees as of Apr 07, 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 Systems, 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 Systems'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 Savvak Systems
Recent activity within the organization
- Annual General Meeting
Savvak Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Savvak Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100669457 was registered on 29 Dec 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 4.45 Cr with Charge ID 100579924 was registered on 01 Jun 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.68 Cr with Charge ID 100579928 was registered on 01 Jun 2022.
- Charges
A charge with Axis Bank Limited of Rs. 2.50 Cr registered on 05 Oct 2021 with Charge ID 100487810 was modified on 01 Jun 2022.
Frequently asked questions
What is the Incorporation or founding date of Savvak Systems Private Limited?
Savvak Systems Private Limited was incorporated on 30 Mar 1993.
What is authorized share capital and paid-up capital of Savvak Systems Private Limited?
The authorized share capital of Savvak Systems Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.20 Cr.
Who are the current board members & directors of Savvak Systems Private Limited?
Currently 2 directors are associated with Savvak Systems Private Limited.
- Awtar Singh Parmar
- Avinash Parmar
What is the registered address of Savvak Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Savvak Systems Private Limited is C-633 Sarita Vihar India, New Delhi, 110076.
What is the corporate identification number (CIN) and company number of Savvak Systems Private Limited?
The corporate identification number (CIN) of Savvak Systems Private Limited is U32200DL1993PTC052844 and the company number is 052844 as per Ministry of Corporate Affairs (MCA).
What is the official website of Savvak Systems Private Limited?
The Official website of Savvak Systems Private Limited is https://www.savvak.in
What has been the recent revenue trend for Savvak Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Savvak Systems Private Limited has fallen by -13.21%.
How many employees does Savvak Systems Private Limited currently have?
As Per 2023 financial reports, 39 employees are currently employed by Savvak Systems Private Limited.
What change has been observed in the net worth of Savvak Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Savvak Systems Private Limited has experienced an downturn of -144.19%.
What are the total open charges for Savvak Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Savvak Systems Private Limited amount to ₹ 12.22 Cr.
When was the last Balance Sheet of Savvak Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Savvak Systems Private Limited was filed with the ROC on 31 Mar 2024.
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