About Saba Software India Private Limited
Data last updated:
Saba Software India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Saba Software (Bermuda) Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 January 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1999PTC117948. Its GSTIN is 27AADCS8646N1ZM (Maharashtra).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹8.68 Lakh. It was led by directors including Mahesh Raghunath Shetye and Kiran Arun Bhorkar.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹103.36 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹10.46 Cr (net margin 10.1%) and EBITDA of ₹16.67 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company had about 180 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Kasaba Bilgi Teknolojileri Tic and Cornerstone.
The last known website on record is saba.com.
Company details
CIN history
Saba Software India has one previous CIN (Corporate Identification Number): U99999MH1999PTC117948. The current CIN is U72200MH1999PTC117948, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH1999PTC117948 | Current |
| U99999MH1999PTC117948 | Previous |
Contact details
Saba Software India Private Limited's registered office is in Mumbai, Maharashtra. Its website is saba.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKanakia Wallstreet Wing – A Unit Nos.811 & 812 Chakala Andheri Kurla Road Andheri (Eas, T), Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Saba Software 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
Brands
Saba Software India operates two associated brands: Kasaba Bilgi Teknolojileri Tic and Cornerstone. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers white-label wallet solutions for seamless payment processing in various applications. | mobikasaba.com | |
| Human capital management software and services are offered by Saba. | saba.com |
Business activity
The main business activity of Saba Software India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Saba Software India Private Limited, buy the company report.
Financials of Saba Software India Private Limited
FY 2024 filings availableSaba Software India Private Limited reported revenue of ₹103.36 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 4% growth in the latest year. EBITDA fell 4% 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 | ₹16.67 Cr | ||||
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| Net Profit (PAT) | ₹10.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 10.1% | ||||
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To see the full financial statements and ratios of Saba Software India Private Limited, buy the company report.
Board of directors of Saba Software India Private Limited
Saba Software India has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Raghunath Shetye | Director | 28 Aug 2015 | 11 Years 2 Months | As last reported |
| Kiran Arun Bhorkar Also directs: Cornerstone Ondemand Enterprise India Private Limited | Director | 24 Jun 2019 | 7 Years 4 Months | As last reported |
| Edward Lewis Kaufman | Director | 10 Apr 2023 | 3 Years 7 Months | As last reported |
Auditor
Saba Software India Private Limited is audited by MSKA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & ASSOCIATES | FY 2022 | 105047W |
Shareholding
The shareholding of Saba Software India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saba Software India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saba Software 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
Saba Software India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Team One Architects (India) Private Limited |
To see the full MSME payment records of Saba Software India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Saba Software India Private Limited has a workforce of 180 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 180 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Saba Software India Private Limited, buy the company report.
GST
Saba Software India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS8646N1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saba Software India Private Limited, buy the company report.
Recent activity
Saba Software India Private Limited has 16 board changes on record since 2013: 3 appointments and 13 cessations. The latest: Edward Lewis Kaufman ceased to be Additional Director on 29 Sep 2023.
7 earlier events are in the company report.
News
Frequently asked questions
Saba Software India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Saba Software India was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 21 January 1999 and is registered under CIN U72200MH1999PTC117948. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Saba Software India was incorporated on 21 January 1999. It is registered with the Registrar of Companies, Mumbai.
Saba Software India had 3 directors:
- Mahesh Raghunath Shetye - Director
- Kiran Arun Bhorkar - Director
- Edward Lewis Kaufman - Director
The CIN (Corporate Identification Number) of Saba Software India is U72200MH1999PTC117948. 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 Saba Software India is at Kanakia Wallstreet Wing – A Unit Nos.811 & 812 Chakala Andheri Kurla Road Andheri Eas, T, Mumbai, Maharashtra, India – 400093.
Saba Software India can be reached through the website saba.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Saba Software India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saba Software India is 27AADCS8646N1ZM, registered in Maharashtra.
Saba Software India operated in the information technology industry, in the application development and software solutions segment.
Saba Software India has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 31 Oct 2019.
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