Associated Savings Pvt Ltd
About Associated Savings Pvt Ltd
Data last updated:
Associated Savings Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 22 September 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65993WB1975PTC030234.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Krishna Kumar Daga and Anand Daga.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹48.78 Lakh (net margin 35.5%) and EBITDA of ₹52.24 Lakh (EBITDA margin 38%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Associated Savings Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address140B Sarat Bose Road, Avantika Apartment 5th Floor, Kolkata, West Bengal, India – 700029
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Associated Savings Pvt Ltd, 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 Associated Savings 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 Associated Savings Pvt Ltd, buy the company report.
Financials of Associated Savings Pvt Ltd
FY 2025 filings availableAssociated Savings Pvt Ltd reported revenue of ₹1.38 Cr (up 298% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 298% growth 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 | ₹52.24 Lakh | ||||
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| Net Profit (PAT) | ₹48.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 38% | ||||
| Net Profit Margin | 35.5% | ||||
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To see the full financial statements and ratios of Associated Savings Pvt Ltd, buy the company report.
Board of directors of Associated Savings Pvt Ltd
Associated Savings has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Kumar Daga Also directs: Associated Tar & Refractories Pvt Ltd, Candid Commercial Ltd | Director | 22 Sep 1975 | 51 Years 1 Months | Current |
| Anand Daga Also directs: Associated Tar & Refractories Pvt Ltd, Mangalam Timber Products Ltd, Mangalam Cement Ltd and 2 more | Director | 29 Apr 1992 | 34 Years 6 Months | Current |
Auditor
Associated Savings Pvt Ltd is audited by B CHATTERJEE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B CHATTERJEE & CO | FY 2020 | 307132E |
Shareholding
The shareholding of Associated Savings Pvt Ltd is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Associated Savings Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Associated Savings Pvt Ltd 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 Associated Savings Pvt Ltd; 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 Associated Savings Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Associated Savings Pvt Ltd has 2 board changes on record since 1975: 2 appointments. The latest: Anand Daga was appointed as Director on 29 Apr 1992.
Frequently asked questions
Associated Savings is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 22 September 1975 (51+ years old) and is registered under CIN U65993WB1975PTC030234.
Associated Savings has 2 current directors:
- Krishna Kumar Daga - Director
- Anand Daga - Director
The latest financial statements of Associated Savings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Associated Savings is U65993WB1975PTC030234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Savings was incorporated on 22 September 1975, making it 51+ years old. It is registered with the Registrar of Companies, Kolkata.
Anand Daga was appointed as Director on 29 Apr 1992. Krishna Kumar Daga was appointed as Director on 22 Sep 1975.
The registered office of Associated Savings is at 140B Sarat Bose Road, Avantika Apartment 5th Floor, Kolkata, West Bengal, India – 700029.
Associated Savings operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Associated Savings is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
Associated Savings can be reached at its registered office: 140B Sarat Bose Road, Avantika Apartment 5th Floor, Kolkata, West Bengal, India – 700029.
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