About Sahas Technologies Private Limited
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Sahas Technologies Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 07 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC267262. Its GSTIN is 27AAWCS1058H1ZW (Maharashtra).
The company has an authorised share capital of ₹7.76 Cr and a paid-up capital of ₹7.71 Cr. It is led by directors Satchit Harshad Hasabnis and Sanket Harshad Hasabnis.
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 702 Akshar Blue Chip Corporate Park, Plot No D – 263 Turbhe Navi Mumbai Thane, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.53 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹75.89 Lakh (net margin -388.5%) and EBITDA of -₹60.04 Lakh (EBITDA margin -307.4%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 26% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Loanbaba. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.7 Cr; the latest was in November 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website loanbaba.com.
Company details
Contact details
Sahas Technologies Private Limited's registered office is in Thane, Maharashtra. Its website is loanbaba.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address702 Akshar Blue Chip Corporate Park, Plot No D – 263 Turbhe Navi Mumbai Thane, Maharashtra, India – 400705
- IndustryInternet, Online Financial Services
To see the full contact details of Sahas Technologies 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
Brands
Sahas Technologies operates one associated brand: Loanbaba. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Quick digital personal loans are facilitated through an online platform. | loanbaba.com |
Business activity
The main business activity of Sahas Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Sahas Technologies Private Limited, buy the company report.
Financials of Sahas Technologies Private Limited
FY 2024 filings availableSahas Technologies Private Limited reported revenue of ₹19.53 Lakh (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 74% fall in the latest year. EBITDA rose 44% 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 |
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| EBITDA | -₹60.04 Lakh | ||||
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| Net Profit (PAT) | -₹75.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -307.4% | ||||
| Net Profit Margin | -388.5% | ||||
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To see the full financial statements and ratios of Sahas Technologies Private Limited, buy the company report.
Board of directors of Sahas Technologies Private Limited
Sahas Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satchit Harshad Hasabnis Also directs: Amros Commercial Private Limited | Director | 07 Aug 2015 | 11 Years 3 Months | Current |
| Sanket Harshad Hasabnis Also directs: Amros Commercial Private Limited | Director | 07 Aug 2015 | 11 Years 3 Months | Current |
Auditor
Sahas Technologies Private Limited is audited by ASAT & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASAT & Associates | FY 2023 | 130701W |
Shareholding
The shareholding of Sahas Technologies 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 Sahas Technologies Private Limited, buy the company report.
Deals & funding
Sahas Technologies Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.7 Cr; the latest was in November 2017.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Rights issue | ₹1 Cr | Investors: an individual |
| Jan 2017 | Funding round · Seed | ₹1 Cr | Investors: an individual |
To see the full deal history of Sahas Technologies Private 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
No court or tribunal cases involving Sahas Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sahas Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sahas Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Amros Commercial Private Limited | U36999WB2005PTC103166 |
To see the full group structure of Sahas Technologies Private Limited, buy the company report.
Employees & EPFO
Sahas Technologies Private Limited has a workforce of 4 employees on its EPFO records as of May 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 4 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Sahas Technologies Private Limited, buy the company report.
GST
Sahas Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAWCS1058H1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sahas Technologies Private Limited, buy the company report.
Recent activity
Sahas Technologies Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Dheeraj Vashisht ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Sahas Technologies is an active private limited company based in Thane, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 07 August 2015 (11+ years old) and is registered under CIN U72300MH2015PTC267262.
Sahas Technologies has 2 current directors:
- Satchit Harshad Hasabnis - Director
- Sanket Harshad Hasabnis - Director
The latest financial statements of Sahas Technologies 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 FY 2016 are in the company report.
The GSTIN of Sahas Technologies is 27AAWCS1058H1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sahas Technologies is U72300MH2015PTC267262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sahas Technologies was incorporated on 07 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Sahas Technologies has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1.7 Cr; the latest was in November 2017.
Dheeraj Vashisht ceased to be Additional Director on 29 Sep 2018. Sunil Ratnakar Gutte ceased to be Director on 26 Mar 2018. Sanket Harshad Hasabnis was appointed as Director on 07 Aug 2015. Sahas Technologies has 4 board changes on record in total.
Sahas Technologies can be reached through the website loanbaba.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Sahas Technologies is at 702 Akshar Blue Chip Corporate Park, Plot No D – 263 Turbhe Navi Mumbai Thane, Maharashtra, India – 400705.
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