Saavarni Consulting Services Private Limited
About Saavarni Consulting Services Private Limited
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Saavarni Consulting Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC077558. Its GSTIN is 29AAWCS6978E1ZB (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Mysore Subbarao Nikhil and Praveen Jain Prakash.
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 312 10th Main 4th Phase 7th Block Bsk 3rd Stage, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.56 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹5.51 Lakh (net margin -72.9%) and EBITDA of -₹5.34 Lakh (EBITDA margin -70.7%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company is associated with 1 brand: Clusterzap. As per MCA filings, the company has open charges of ₹1.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saavarni Consulting Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address312 10th Main 4th Phase 7th Block Bsk 3rd Stage, Bangalore, Karnataka, India – 560085
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Saavarni Consulting Services 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
Saavarni Consulting Services operates one associated brand: Clusterzap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a marketing automation and CRM platform to streamline business operations. | clusterzap.com |
Business activity
The main business activity of Saavarni Consulting Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Saavarni Consulting Services Private Limited, buy the company report.
Financials of Saavarni Consulting Services Private Limited
FY 2025 filings availableSaavarni Consulting Services Private Limited reported revenue of ₹7.56 Lakh (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 48% 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 | -₹5.34 Lakh | ||||
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| Net Profit (PAT) | -₹5.51 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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| EBITDA Margin | -70.7% | ||||
| Net Profit Margin | -72.9% | ||||
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To see the full financial statements and ratios of Saavarni Consulting Services Private Limited, buy the company report.
Board of directors of Saavarni Consulting Services Private Limited
Saavarni Consulting Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mysore Subbarao Nikhil | Director | 02 May 2016 | 10 Years 6 Months | Current |
| Praveen Jain Prakash | Director | 01 Mar 2019 | 7 Years 8 Months | Current |
Auditor
Saavarni Consulting Services Private Limited is audited by RAVI KARIYA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI KARIYA & CO | FY 2020 | 129645W |
Shareholding
The shareholding of Saavarni Consulting Services Private Limited 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 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saavarni Consulting Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2017 | 100124645 | Sidbi | ₹1.1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Saavarni Consulting Services 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 Saavarni Consulting Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saavarni Consulting Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS6978E1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saavarni Consulting Services Private Limited, buy the company report.
Recent activity
Saavarni Consulting Services Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Nagaveni ceased to be Director on 20 Mar 2023.
Frequently asked questions
Saavarni Consulting Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 December 2014 (12+ years old) and is registered under CIN U74900KA2014PTC077558.
Saavarni Consulting Services has 2 current directors:
- Mysore Subbarao Nikhil - Director
- Praveen Jain Prakash - Director
The latest financial statements of Saavarni Consulting Services 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 GSTIN of Saavarni Consulting Services is 29AAWCS6978E1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Saavarni Consulting Services is U74900KA2014PTC077558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saavarni Consulting Services was incorporated on 03 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Nagaveni ceased to be Director on 20 Mar 2023. Manjunath Narasimha Murthy Gunjur ceased to be Director on 06 Mar 2019. Sneha Harish Huvinakatte ceased to be Director on 06 Mar 2019. Saavarni Consulting Services has 6 board changes on record in total.
The registered office of Saavarni Consulting Services is at 312 10th Main 4th Phase 7th Block Bsk 3rd Stage, Bangalore, Karnataka, India – 560085.
Saavarni Consulting Services operates in the business outsourcing industry, in the business and IT consulting segment.
Saavarni Consulting Services has open charges of ₹1.1 Cr and no satisfied charges on record as per latest MCA filings.
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