Savvak Systems Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.20 Cr
as on 16-11-2024
- Company Age 31 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.22 Cr
as on 16-11-2024
- Satisfied Charges ₹ 9.25 Cr
as on 16-11-2024
- Revenue -13.21%
(FY 2023)
- Profit 60.59%
(FY 2023)
- Ebitda 220.51%
(FY 2023)
- Net Worth -144.19%
(FY 2023)
- Total Assets -24.72%
(FY 2023)
About Savvak Systems
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
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.
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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 LimitedActive 15 years 7 monthsAwtar Parmar and Avinash Parmar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Dec 2022 | ₹1.40 M | Open |
Axis Bank Limited Creation Date: 01 Jun 2022 | ₹4.45 Cr | Open |
Axis Bank Limited Creation Date: 01 Jun 2022 | ₹6.80 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.
