Saffron Banquet Private Limited
About Saffron Banquet Private Limited
Data last updated:
Saffron Banquet Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. The company operated in the hospitality and wellness sector. It was incorporated on 31 August 2004.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ2004PTC044676.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.52 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at B.No.1 Mahalaya Opp Fun Point Club B/H. Kargil Petrol Pump Nr. High Court Sola Road, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2017, the company reported a revenue of ₹19.55 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹41,617 (net margin 2.1%) and EBITDA of ₹15.22 Lakh (EBITDA margin 77.8%).
As per MCA filings, the company has satisfied charges of ₹1.9 Cr on record.
Company details
CIN history
Saffron Banquet has one previous CIN (Corporate Identification Number): U22122GJ2004PTC044676. The current CIN is U55101GJ2004PTC044676, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101GJ2004PTC044676 | Current |
| U22122GJ2004PTC044676 | Previous |
Contact details
Saffron Banquet Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB.No.1 Mahalaya Opp Fun Point Club B/H. Kargil Petrol Pump Nr. High Court Sola Road, Ahmedabad, Gujarat, India – 380061
- IndustryHospitality & Wellness, Restaurants, Caterers, Food And Beverage Services By Hotels
To see the full contact details of Saffron Banquet 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
Business activity
The main business activity of Saffron Banquet is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Saffron Banquet Private Limited, buy the company report.
Financials of Saffron Banquet Private Limited
FY 2017 filings availableSaffron Banquet Private Limited reported revenue of ₹19.55 Lakh (up 21% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹19.55 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹15.22 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹41,617 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 77.8% | ||
| Net Profit Margin | 2.1% | ||
| 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 Saffron Banquet Private Limited, buy the company report.
Board of directors of Saffron Banquet Private Limited
Saffron Banquet has 10 former directors on record and no current directors listed.
Peer comparison
Saffron Banquet Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Caramel Restaurants and Event Management Private Limited | ₹19.6 Lakh (FY 2017) | -40.0% | Faridabad, Haryana, India | |||
| Borawake Motels Private Limited | ₹19.59 Lakh (FY 2025) | 2.0% | Kopargaon, Maharashtra, India | |||
| Om Restros & Bakers Private Limited | ₹19.58 Lakh (FY 2019) | Sohna, Haryana, India | ||||
| Apy Bread Spread Foods Private Limited | ₹19.57 Lakh (FY 2025) | -5.0% | Rohtak, Haryana, India | |||
| Pavna'o-Palace Hotels Private Limited | ₹19.56 Lakh (FY 2025) | 0.0% | Alwar, Rajasthan, India | |||
| Saffron Banquet Private Limitedthis company | ₹19.55 Lakh (FY 2017) | ₹41,617 | 2.1% | 21.0% | Ahmedabad, Gujarat, India | |
| Atchayam Foods Private Limited | ₹19.54 Lakh (FY 2019) | 12.0% | Chennai, Tamil Nadu, India | |||
| Xahar Adda Private Limited | ₹19.54 Lakh (FY 2024) | 23.0% | Gwalior, Madhya Pradesh, India | |||
| Siddru Bakers Private Limited | ₹19.51 Lakh (FY 2024) | 3719.0% | Hyderabad, Telangana, India | |||
| El Dios Ventures Private Limited | ₹19.51 Lakh (FY 2022) | 124.0% | Nagpur, Maharashtra, India | |||
| Sanjeev Mahajan Foods & Spices Private Limited (OPC) | ₹19.5 Lakh (FY 2019) | Mumbai, Maharashtra, India |
To see the full peer comparison of Saffron Banquet Private Limited, buy the company report.
Auditor
Saffron Banquet Private Limited is audited by BHARATIYA & MALKANI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARATIYA & MALKANI | FY 2017 | 127222W |
Shareholding
The shareholding of Saffron Banquet 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 Saffron Banquet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2011 | 10288129 | Bank of Maharashtra | ₹95 Lakh | Satisfied | |
| 02 Apr 2011 | 10281462 | Bank of Maharashtra | ₹95 Lakh | Satisfied |
To see the full charge records of Saffron Banquet Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Saffron Banquet 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 Saffron Banquet Private Limited; 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 Saffron Banquet Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saffron Banquet Private Limited has 10 board changes on record since 2010: 0 appointments and 10 cessations. The latest: Abidali Patavat Taherali ceased to be Director on 12 Mar 2018.
5 earlier events are in the company report.
Frequently asked questions
Saffron Banquet has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Saffron Banquet was a private limited company based in Ahmedabad, Gujarat, India. The company worked in the hospitality and wellness industry. It was incorporated on 31 August 2004 and is registered under CIN U55101GJ2004PTC044676. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Saffron Banquet is U55101GJ2004PTC044676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Banquet was incorporated on 31 August 2004. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Saffron Banquet is at B.No.1 Mahalaya Opp Fun Point Club BH. Kargil Petrol Pump Nr. High Court Sola Road, Ahmedabad, Gujarat, India – 380061.
The latest financial statements of Saffron Banquet on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Saffron Banquet operated in the hospitality and wellness industry.
The peers of Saffron Banquet by revenue are Caramel Restaurants and Event Management Private Limited, Borawake Motels Private Limited, Om Restros & Bakers Private Limited, Apy Bread Spread Foods Private Limited, Pavna'o-Palace Hotels Private Limited and 5 more, all in the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Abidali Patavat Taherali ceased to be Director on 12 Mar 2018. Maheshbhai Nayak Morlidharbhai ceased to be Director on 12 Mar 2018. Rajendrabhai Shivrambhai Prajapati ceased to be Director on 12 Mar 2018. Saffron Banquet has 10 board changes on record in total.
Saffron Banquet has no open charges and satisfied charges of ₹1.9 Cr as per latest MCA filings.
Saffron Banquet can be reached at its registered office: B.No.1 Mahalaya Opp Fun Point Club BH. Kargil Petrol Pump Nr. High Court Sola Road, Ahmedabad, Gujarat, India – 380061.