MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-MH-18-0103069
Saavn Media Limited - internet in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹51.09 Lakh
▲ 56% YoY
Net loss · FY 2025
₹68.46 Lakh
Net margin -134%
EBITDA · FY 2025
-₹68.46 Lakh
EBITDA margin -134%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹8.45 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
298
Provident fund records
Directors on board
8
As per MCA filings
About Saavn Media Limited
Data last updated:
Saavn Media Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Jio Platforms Limited. It operates in the online music platforms segment of the internet and digital services sector. It was incorporated on 26 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72300GJ2011PLC164177. Its GSTIN is 06AAQCS3180A1ZH (Haryana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹8.45 Lakh. It was formerly known as Saavn Media Private Limited. It is led by directors including Vinodh V Bhat and Rishi Malhotra.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.09 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹68.46 Lakh (net margin -134%) and EBITDA of -₹68.46 Lakh (EBITDA margin -134%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 22% over five years.
The company has about 298 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: JioSaavn and JioSaavn. Court records list 45 cases involving the company, including 2 filed by the company and 43 filed against it; 32 cases are pending. The company has 10 deals on record (4 rights issues, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹956.52 Cr; the latest was in August 2023.
Saavn Media Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0103069). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saavn.com.
Company details
CIN U72300GJ2011PLC164177
Registration Number 164177
Incorporation Date 26 August 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Jio Platforms Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0103069
CIN history
Saavn Media has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72300GJ2011PLC164177, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300GJ2011PLC164177 | Current |
| U72300MH2011PLC221359 | Previous |
| U72300MH2011PTC221359 | Previous |
Recognitions & Rankings of Saavn Media
Contact details
Saavn Media Limited's registered office is in Ahmedabad, Gujarat. Its website is saavn.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice – 101 Saffron, Nr. Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006
- IndustryInternet, Online Music Platforms
To see the full contact details of Saavn Media Limited, buy the company report.
Comprehensive company report
Saavn Media 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Saavn Media operates two associated brands: JioSaavn and JioSaavn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| On-demand music streaming and downloading are facilitated by JioSaavn. | jiosaavn.com | |
| JioSaavn is operated as a music streaming platform. | saavn.com |
Financials of Saavn Media Limited
FY 2025 filings availableSaavn Media Limited reported revenue of ₹51.09 Lakh (up 56% YoY) for FY 2025.
Revenue · FY 2025
₹51.09 Lakh ▲ 56%
Net loss · FY 2025
₹68.46 Lakh margin -134%
EBITDA · FY 2025
-₹68.46 Lakh margin -134%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▼ 35%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 52%
5 years · compounded
▲ 38%
Revenue rose 56% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹68.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹68.46 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -134% | ||||
| Net Profit Margin | -134% | ||||
| 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 Saavn Media Limited, buy the company report.
Board of directors of Saavn Media Limited
Saavn Media has 8 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodh V Bhat | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
| Rishi Malhotra | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
| Shobhan Madhukant Thakore Also directs: Tesseract Imaging Limited, Reverie Language Technologies Limited, Asteria Aerospace Limited and 2 more | Director | 24 Dec 2024 | 1 Years 10 Months | Current |
| Paramdeep Singh Also directs: Authorgen Technologies Private Limited, Hero Fincorp Limited | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
| Arvind Kumar Tiwari | Director | 11 Apr 2018 | 8 Years 6 Months | Current |
| Dhiren Vrajlal Dalal Also directs: GTPL Hathway Limited, Hathway Bhawani Cabletel and Datacom Limited, Reliance Sibur Elastomers Private Limited and 5 more | Director | 24 Dec 2024 | 1 Years 10 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Saavn Media Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Saavn Media Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saavn Media Limited, buy the company report.
Deals & funding
Saavn Media Limited has 10 deals on record (4 rights issues, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹956.52 Cr; the latest was in August 2023.
Total deals
10
Rights issues
4
Secondary share transfers
3
Acquisitions
2
Funding round
1
Disclosed funding
₹956.52 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Rights issue | ₹354.01 Cr | Investors: Jio Platforms Limited |
| Nov 2021 | Rights issue | ₹575.01 Cr | Investors: Jio Platforms Limited |
| Mar 2021 | Acquisition | ₹6,827.41 Cr | Buyer: Jio Platforms Limited Seller: Reliance Industries Limited , Saavn India Holdings Limited |
| Jun 2020 | Rights issue | ₹894.96 Cr | Investors: Jio Platforms Limited |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Reliance Industries Limited Seller: an individual |
To see the full deal history of Saavn Media Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saavn Media Limited has 45 court cases on record: 2 filed by Saavn Media, 43 filed against it. 32 cases are pending and 13 are disposed.
Total cases
45
Filed by the company
2
Filed against the company
43
Pending
32
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 37 | 36 | 26 |
| District courts | 7 | 7 | 6 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by Zee Entertainment Enterprises Limited | Pending |
| Madras High Court | Appeal | Filed against the company by Sony Music Entertainment India Private Ltd | Pending |
| Madras High Court | Appeal | Filed against the company by Sun TV Network Limited (Corporate Office) | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Nav Records Private Limited | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Culver Max Entertainment Private Limited Bharucha and Partners | Pending |
To see the full case history of Saavn Media 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 Saavn Media Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saavn Media Limited has a workforce of 298 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
298
Active EPFO establishments
1
Employee growth
3.11%
GST
Saavn Media has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAQCS3180A1ZH | Haryana | Active | 01 Jul 2017 |
| 27AAQCS3180A1ZD | Maharashtra | Active | 01 Jul 2017 |
| 29AAQCS3180A1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saavn Media Limited, buy the company report.
Recent activity
Saavn Media Limited has 22 board changes on record since 2015: 8 appointments and 14 cessations. The latest: Dhiren Vrajlal Dalal was appointed as Director on 24 Dec 2024.
AGM
Saavn Media Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Filing
Saavn Media Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dhiren Vrajlal Dalal was appointed as Director.
Ceased
Dhiren Vrajlal Dalal ceased to be Additional Director.
Appointed
Shobhan Madhukant Thakore was appointed as Director.
Ceased
Shobhan Madhukant Thakore ceased to be Additional Director.
Ceased
Khushboo Yadav ceased to be Additional Director.
Ceased
Akash Mukesh Ambani ceased to be Additional Director.
Ceased
Anshuman Thakur ceased to be Additional Director.
Ceased
Arvind Kumar Tiwari ceased to be Additional Director.
Ceased
Jyoti Deshpande ceased to be Additional Director.
Ceased
Paramdeep Singh ceased to be Additional Director.
13 earlier events are in the company report.
News
Frequently asked questions
Saavn Media is an active public limited company based in Ahmedabad, Gujarat, India. The company works in online music platforms, within the internet industry. It was incorporated on 26 August 2011 (15+ years old) and is registered under CIN U72300GJ2011PLC164177.
Saavn Media has 8 current directors:
- Vinodh V Bhat - Director
- Rishi Malhotra - Director
- Shobhan Madhukant Thakore - Director
- Paramdeep Singh - Director
- Arvind Kumar Tiwari - Director
- Dhiren Vrajlal Dalal - Director
- Jyoti Deshpande - Director
- Anshuman Thakur - Director
The latest financial statements of Saavn Media on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Saavn Media is 06AAQCS3180A1ZH, registered in Haryana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAQCS3180A1ZD (Maharashtra), 29AAQCS3180A1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Saavn Media is U72300GJ2011PLC164177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saavn Media has 45 court cases on record: 2 filed by the company and 43 filed against it. 32 are pending. Most are in the high courts.
Saavn Media was incorporated on 26 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Saavn Media has 10 deals on record (4 rights issues, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹956.52 Cr; the latest was in August 2023.
Dhiren Vrajlal Dalal was appointed as Director on 24 Dec 2024. Dhiren Vrajlal Dalal ceased to be Additional Director on 24 Dec 2024. Shobhan Madhukant Thakore was appointed as Director on 24 Dec 2024. Saavn Media has 22 board changes on record in total.
Yes, Saavn Media is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0103069).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages