Planet Saffron India Private Limited
About Planet Saffron India Private Limited
Data last updated:
Planet Saffron India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 28 December 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1999PTC123323. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It was led by directors Dinesh Gopal Vazirani (Managing Director) and Minal Dinesh Vazirani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Industry Manor3Rd Floor Prabhdevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2016, the company reported a revenue of ₹9.37 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹5.41 Lakh (net margin -57.8%) and EBITDA of -₹12.71 Lakh (EBITDA margin -135.7%). Revenue has grown at a compounded annual rate (CAGR) of 161% over three years.
As per MCA filings, the company had open charges of ₹3.74 Cr on record.
Company details
Contact details
Planet Saffron India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndustry Manor3Rd Floor Prabhdevi, Mumbai, Maharashtra, India – 400025
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Planet Saffron India 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
Financials of Planet Saffron India Private Limited
FY 2018 filings availablePlanet Saffron India Private Limited reported revenue of ₹9.37 Lakh (up 28% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 161% over three years, including 28% 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹9.37 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹12.71 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.41 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -135.7% | |
| Net Profit Margin | -57.8% | |
| 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 Planet Saffron India Private Limited, buy the company report.
Board of directors of Planet Saffron India Private Limited
Planet Saffron India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Gopal Vazirani Also directs: Wmi Green Power LLP, Saffron Art Private Limited, Dynamic Designs and Systems Private Limited and 5 more | Managing Director | 01 Aug 2006 | 20 Years 3 Months | As last reported |
| Minal Dinesh Vazirani Also directs: Saffron Art Private Limited | Director | 30 Nov 2000 | 25 Years 11 Months | As last reported |
Auditor
Planet Saffron India Private Limited is audited by M V BHAVE & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V BHAVE & CO | FY 2016 | 101369W |
Shareholding
The shareholding of Planet Saffron India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Planet Saffron India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2006 | 90378471 | Uti Bank Ltd. | ₹50 Lakh | Open | |
| 22 Nov 2000 | 90384700 | Union Bank of India | ₹3.24 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Planet Saffron India 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 Planet Saffron India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Planet Saffron India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Planet Saffron India Private Limited, buy the company report.
Recent activity
Planet Saffron India Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Dinesh Gopal Vazirani was appointed as Managing Director on 01 Aug 2006.
Frequently asked questions
Planet Saffron India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Planet Saffron India was a private limited company based in Mumbai, Maharashtra, India. The company worked in materials retail and distribution, within the metals and minerals industry. It was incorporated on 28 December 1999 and is registered under CIN U32109MH1999PTC123323. The company has been struck off by the Registrar of Companies and is no longer operational.
Planet Saffron India had 2 directors:
- Dinesh Gopal Vazirani - Managing Director
- Minal Dinesh Vazirani - Director
The CIN (Corporate Identification Number) of Planet Saffron India is U32109MH1999PTC123323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Planet Saffron India is at Industry Manor3Rd Floor Prabhdevi, Mumbai, Maharashtra, India – 400025.
Planet Saffron India was incorporated on 28 December 1999. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Planet Saffron India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Planet Saffron India has 1 GST registration on record and it is cancelled or inactive.
Planet Saffron India operated in the metals and minerals industry, in the materials retail and distribution segment. It worked in this industry before it was struck off.
Dinesh Gopal Vazirani was appointed as Managing Director on 01 Aug 2006. Minal Dinesh Vazirani was appointed as Director on 30 Nov 2000.
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