MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KR-06-0008361
Saakvee Technologies India Private Limited - engineering in Bidar, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.03 Cr
▼ 17% YoY
Net profit · FY 2023
₹3.79 Lakh
Net margin 1.3%
EBITDA · FY 2023
₹4.8 Lakh
EBITDA margin 1.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
3
GST registered
About Saakvee Technologies India Private Limited
Data last updated:
Saakvee Technologies India Private Limited is a private limited company based in Bidar, Karnataka, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 30 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC124808. Its GSTIN is 29ABCCS1444A1ZQ (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Veeresh Chavan Hemsingh and Kalpana Veeresh Chavan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House No: 1/690 Bhadrapur Village At Post :Madargi, Bidar, Karnataka, India – 585227.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.03 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.79 Lakh (net margin 1.3%) and EBITDA of ₹4.8 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 391% over three years.
The company is associated with 1 brand: Saakvee. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Saakvee Technologies India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-06-0008361). For more details, the company can be reached via its website saakvee.com.
Company details
CIN U74999KA2019PTC124808
Registration Number 124808
Incorporation Date 30 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Small
Udyam Registration UDYAM-KR-06-0008361
Recognitions & Rankings of Saakvee Technologies India
Contact details
Saakvee Technologies India Private Limited's registered office is in Bidar, Karnataka. Its website is saakvee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHouse No: 1/690 Bhadrapur Village At Post :Madargi, Bidar, Karnataka, India – 585227
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Saakvee Technologies India Private Limited, buy the company report.
Comprehensive company report
Saakvee Technologies India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Saakvee Technologies India operates one associated brand: SAAKVEE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| saakvee.com |
Business activity
The main business activity of Saakvee Technologies India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Saakvee Technologies India Private Limited, buy the company report.
Financials of Saakvee Technologies India Private Limited
FY 2023 filings availableSaakvee Technologies India Private Limited reported revenue of ₹3.03 Cr (down 17% YoY) for FY 2023.
Revenue · FY 2023
₹3.03 Cr ▼ 17%
Net profit · FY 2023
₹3.79 Lakh margin 1.3%
EBITDA · FY 2023
₹4.8 Lakh margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 391%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▲ 48%
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 391%. EBITDA fell 74% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.8 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.79 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.6% | |||
| Net Profit Margin | 1.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Saakvee Technologies India Private Limited, buy the company report.
Board of directors of Saakvee Technologies India Private Limited
Saakvee Technologies India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeresh Chavan Hemsingh Also directs: Saakvee Lifecare Private Limited, Klensys Aerotec India Private Limited, Kleantech Engineering Systems Private Limited and 1 more | Director | 30 May 2019 | 7 Years 5 Months | Current |
| Kalpana Veeresh Chavan Also directs: Saakvee Lifecare Private Limited, Klensys Aerotec India Private Limited, Kleantech Engineering Systems Private Limited and 1 more | Director | 30 May 2019 | 7 Years 5 Months | Current |
Auditor
Saakvee Technologies India Private Limited is audited by PATEL SENGHANI & PARVADIYA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL SENGHANI & PARVADIYA | FY 2022 | 141365W |
Shareholding
The shareholding of Saakvee Technologies India Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saakvee Technologies India Private Limited, buy the company report.
Legal cases
Saakvee Technologies India Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by Vashi Integrated Solutions Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by an individual | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by M/S Synergy Thrislington | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Nuruddin Yusuf Dalal Proprietor of M/S. Delight Electro Trader | Disposed |
To see the full case history of Saakvee Technologies India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saakvee Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saakvee Technologies India Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Saakvee Technologies India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS1444A1ZQ | Karnataka | Active | 06 Jun 2019 |
| 27ABCCS1444A1ZU | Maharashtra | Active | 24 Jul 2022 |
| 24ABCCS1444A1Z0 | Gujarat | Active | 09 Feb 2023 |
To see the full GST registrations and return filing status of Saakvee Technologies India Private Limited, buy the company report.
Recent activity
Saakvee Technologies India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kalpana Veeresh Chavan was appointed as Director on 30 May 2019.
AGM
Saakvee Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Saakvee Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Kalpana Veeresh Chavan was appointed as Director.
Appointed
Veeresh Chavan Hemsingh was appointed as Director.
Incorporation
30 May 2019
Saakvee Technologies India Private Limited was registered on 30 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Saakvee Technologies India is an active private limited company based in Bidar, Karnataka, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 30 May 2019 (7+ years old) and is registered under CIN U74999KA2019PTC124808.
Saakvee Technologies India has 2 current directors:
- Veeresh Chavan Hemsingh - Director
- Kalpana Veeresh Chavan - Director
The latest financial statements of Saakvee Technologies India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Saakvee Technologies India is 29ABCCS1444A1ZQ, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27ABCCS1444A1ZU (Maharashtra), 24ABCCS1444A1Z0 (Gujarat).
The CIN (Corporate Identification Number) of Saakvee Technologies India is U74999KA2019PTC124808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saakvee Technologies India has 4 court cases on record: 4 filed against it. 2 are pending.
Saakvee Technologies India was incorporated on 30 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Kalpana Veeresh Chavan was appointed as Director on 30 May 2019. Veeresh Chavan Hemsingh was appointed as Director on 30 May 2019.
Yes, Saakvee Technologies India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-06-0008361).
Saakvee Technologies India can be reached through the website saakvee.com. Its registered office is in Bidar, Karnataka, India.
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