About Safron Realty Private Limited
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Safron Realty Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2007PTC044798.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.3 Cr. It is led by directors including Chiranjiv Ishwarlal Vaghani and Sagar Nireshwalia Talwar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.28 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹22.93 Lakh and EBITDA of -₹22.93 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 45% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gcorpgroup.com.
Company details
Contact details
Safron Realty Private Limited's registered office is in Bangalore, Karnataka. Its website is gcorpgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1/1 – 3 Lido Malls 3rd Floor Swami Vivekananda Road Halasuru Opp. Lido Inox Near Trinity C, Ircle, Bangalore, Karnataka, India – 560008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Safron Realty Private Limited, buy the company report.
- 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
Business activity
The main business activity of Safron Realty is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Safron Realty Private Limited
FY 2024 filings availableSafron Realty Private Limited reported revenue of ₹2.28 Lakh (down 82% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 82% fall in the latest year. EBITDA fell 158% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹22.93 Lakh | ||||
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| Net Profit (PAT) | -₹22.93 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Safron Realty Private Limited, buy the company report.
Board of directors of Safron Realty Private Limited
Safron Realty has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiranjiv Ishwarlal Vaghani Also directs: Milton Trading and Consultancy LLP, Zenith Shelters Private Limited, Milton Constructions LLP and 5 more | Director | 27 Dec 2007 | 18 Years 9 Months | Current |
| Sagar Nireshwalia Talwar Also directs: Shirdi Sai Developers Private Limited | Director | 16 Jun 2008 | 18 Years 4 Months | Current |
| Ashwin Mohanlal Thakker Also directs: Milton Trading and Consultancy LLP, Thakkar & Thakkar Developers LLP, Marathon Nextgen Realty Limited and 5 more | Director | 27 Dec 2007 | 18 Years 9 Months | Current |
Auditor
Safron Realty Private Limited is audited by MEHTA CHOKSHI & SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA CHOKSHI & SHAH LLP | FY 2023 | 106201W/W100598 |
Shareholding
The shareholding of Safron Realty Private 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safron Realty Private Limited, buy the company report.
Legal cases
Safron Realty Private Limited has 2 court cases on record: 1 filed by Safron Realty, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Disposed |
To see the full case history of Safron Realty 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 Safron Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Safron Realty Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Safron Realty Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Manali Bhavesh Parekh ceased to be Company Secretary on 29 Jan 2024.
Frequently asked questions
Safron Realty is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 December 2007 (19+ years old) and is registered under CIN U70200KA2007PTC044798.
Safron Realty has 3 current directors:
- Chiranjiv Ishwarlal Vaghani - Director
- Sagar Nireshwalia Talwar - Director
- Ashwin Mohanlal Thakker - Director
The latest financial statements of Safron Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Safron Realty is U70200KA2007PTC044798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safron Realty has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Safron Realty was incorporated on 27 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Manali Bhavesh Parekh ceased to be Company Secretary on 29 Jan 2024. Sagar Nireshwalia Talwar ceased to be Additional Director on 30 Jun 2008. Sagar Nireshwalia Talwar was appointed as Director on 16 Jun 2008. Safron Realty has 5 board changes on record in total.
Safron Realty can be reached through the website gcorpgroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Safron Realty is at 11 – 3 Lido Malls 3rd Floor Swami Vivekananda Road Halasuru Opp. Lido Inox Near Trinity C, Ircle, Bangalore, Karnataka, India – 560008.
Safron Realty operates in the real estate and construction industry, in the real estate builders and developers segment.