About Saffron Art Private Limited
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Saffron Art Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online auction platforms segment of the e-commerce sector. It was incorporated on 22 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22219MH1999PTC123237. Its GSTIN is 27AAHCS0308R1ZZ (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹11.7 Lakh. It is led by directors Dinesh Gopal Vazirani (Whole-Time Director) and Minal Dinesh Vazirani.
Its last annual general meeting (AGM) was held on 15 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.18 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹6.43 Cr (net margin 9.7%) and EBITDA of ₹13.23 Cr (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 19% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saffronart. As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹10.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffronart.com.
Company details
Contact details
Saffron Art Private Limited's registered office is in Mumbai, Maharashtra. Its website is saffronart.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressGala No.1A Ground Floor Industry Manor Appasaheb Marathe Marg Nr Century Bhavan Prabhad, Evi, Mumbai, Maharashtra, India – 400025
- IndustryE-Commerce, Online Auction Platforms
To see the full contact details of Saffron Art 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
Saffron Art operates one associated brand: Saffronart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Modern and contemporary Indian art is auctioned online. | saffronart.com |
Business activity
The main business activity of Saffron Art is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Saffron Art Private Limited, buy the company report.
Financials of Saffron Art Private Limited
FY 2025 filings availableSaffron Art Private Limited reported revenue of ₹66.18 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 46% 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 | ₹13.23 Cr | ||||
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| Net Profit (PAT) | ₹6.43 Cr | ||||
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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 | 20% | ||||
| Net Profit Margin | 9.7% | ||||
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To see the full financial statements and ratios of Saffron Art Private Limited, buy the company report.
Board of directors of Saffron Art Private Limited
Saffron Art has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Gopal Vazirani Also directs: Wmi Green Power LLP, Dynamic Designs and Systems Private Limited, Wmi Power Private Limited and 5 more | Whole-Time Director | 04 Jan 2008 | 18 Years 9 Months | Current |
| Minal Dinesh Vazirani | Director | 08 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Saffron Art Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Saffron Art 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 Saffron Art Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2025 | 101196343 | Others | ₹10 Cr | Open | |
| 29 Dec 2022 | 100663794 | Others | ₹3 Cr | Open | |
| 28 Dec 2022 | 100663800 | Others | ₹10 Cr | Open | |
| 18 Jul 2016 | 100044201 | Others | ₹10.5 Cr | Satisfied |
To see the full charge records of Saffron Art Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Saffron Art Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Blue Cube Investments Ltd Seller: Saffronart Management Corporation & Dinesh G Vazirani, Saffronart Management Corporation |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Saffronart Management Corporation, Saffronart Management Corporation & Dinesh G Vazirani Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saffron Art Private Limited has 4 court cases on record: 4 filed by Saffron Art. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax TDS Range 2 2 and 6 others | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Commissioner of Trade and Taxes & Anr. | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Saffron Art Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saffron Art Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saffron Art Private Limited has a workforce of 44 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Saffron Art has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS0308R1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 27AAHCS0308R2ZY | Maharashtra | Active | 02 Dec 2024 |
| 07AAHCS0308R1Z1 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saffron Art Private Limited, buy the company report.
Recent activity
Saffron Art Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Minal Dinesh Vazirani was appointed as Director on 08 Dec 2023.
6 earlier events are in the company report.
Frequently asked questions
Saffron Art is an active private limited company based in Mumbai, Maharashtra, India. The company works in online auction platforms, within the e-commerce industry. It was incorporated on 22 December 1999 (27+ years old) and is registered under CIN U22219MH1999PTC123237.
Saffron Art has 2 current directors:
- Dinesh Gopal Vazirani - Whole-Time Director
- Minal Dinesh Vazirani - Director
The latest financial statements of Saffron Art on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Saffron Art is 27AAHCS0308R1ZZ, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAHCS0308R2ZY (Maharashtra), 07AAHCS0308R1Z1 (Delhi).
The CIN (Corporate Identification Number) of Saffron Art is U22219MH1999PTC123237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Art has 4 court cases on record: 4 filed by the company. Most are in the high courts.
Saffron Art was incorporated on 22 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Saffron Art has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
Minal Dinesh Vazirani was appointed as Director on 08 Dec 2023. Gopal Assanmal Vazirani ceased to be Additional Director on 25 Sep 2019. Alka Samant ceased to be Additional Director on 30 Sep 2016. Saffron Art has 9 board changes on record in total.
Saffron Art can be reached through the website saffronart.com. Its registered office is in Mumbai, Maharashtra, India.