- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0096139

About Savla Creations Private Limited
Data last updated:
Savla Creations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 11 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U19120PN2010PTC135529. Its GSTIN is 27AANCS9063R1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Savla Bags Private Limited. It is led by directors including Harish Kantilal Savla and Jyoti Harish Savla.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.66 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Lakh (net margin 0.9%) and EBITDA of ₹3.63 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
Savla Creations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0096139). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website justbags.in.
Company details
Recognitions & Rankings of Savla Creations
Contact details
Savla Creations Private Limited's registered office is in Pune, Maharashtra. Its website is justbags.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address267/A Building No. 2 Flat No 3 Mahavir Darshan Complex, New Timber Market Bhavani Peth, Pune, Maharashtra, India – 411002
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Savla Creations 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 Savla Creations is manufacturing. In detail, this covers manufacture of leather and related products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 15 | Manufacture of leather and related products |
To see the full business activity and turnover split of Savla Creations Private Limited, buy the company report.
Financials of Savla Creations Private Limited
FY 2024 filings availableSavla Creations Private Limited reported revenue of ₹1.66 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 19% 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 | ₹3.63 Lakh | ||||
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| Net Profit (PAT) | ₹1.49 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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| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Savla Creations Private Limited, buy the company report.
Board of directors of Savla Creations Private Limited
Savla Creations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Kantilal Savla | Director | 11 Feb 2010 | 16 Years 8 Months | Current |
| Jyoti Harish Savla | Director | 11 Feb 2010 | 16 Years 8 Months | Current |
| Jinal Sanket Savla | Director | 20 Sep 2021 | 5 Years 1 Months | Current |
| Sanket Savla | Director | 23 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Savla Creations Private Limited is audited by Dhananjay Kolate & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhananjay Kolate & Associates | FY 2023 | 151456W |
Shareholding
The shareholding of Savla Creations 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 Savla Creations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Savla Creations 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 Savla Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Savla Creations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS9063R1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Savla Creations Private Limited, buy the company report.
Recent activity
Savla Creations Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Jinal Sanket Savla ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Savla Creations is an active private limited company based in Pune, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN U19120PN2010PTC135529.
Savla Creations has 4 current directors:
- Harish Kantilal Savla - Director
- Jyoti Harish Savla - Director
- Jinal Sanket Savla - Director
- Sanket Savla - Director
The latest financial statements of Savla Creations 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 GSTIN of Savla Creations is 27AANCS9063R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Savla Creations is U19120PN2010PTC135529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savla Creations was incorporated on 11 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Jinal Sanket Savla ceased to be Additional Director on 30 Nov 2021. Jinal Sanket Savla was appointed as Director on 20 Sep 2021. Sanket Savla was appointed as Director on 23 Dec 2015. Savla Creations has 6 board changes on record in total.
Yes, Savla Creations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0096139).
Savla Creations can be reached through the website justbags.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Savla Creations is at 267A Building No. 2 Flat No 3 Mahavir Darshan Complex, New Timber Market Bhavani Peth, Pune, Maharashtra, India – 411002.

