Saffron Corporation Private Limited
About Saffron Corporation Private Limited
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Saffron Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 03 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2012PTC232869. Its GSTIN is 27AARCS7236A1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Milin Upendra Parikh.
Its last annual general meeting (AGM) was held on 28 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹57.01 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹28.49 Lakh (net margin -50%) and EBITDA of -₹26.68 Lakh (EBITDA margin -46.8%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 2% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saffron Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address103 Matrupriya Opp Spinach Shimpoli Raod Off New Link Road Boriva, Li West, Mumbai, Maharashtra, India – 400092
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Saffron Corporation 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 Corporation is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Saffron Corporation Private Limited, buy the company report.
Financials of Saffron Corporation Private Limited
FY 2021 filings availableSaffron Corporation Private Limited reported revenue of ₹57.01 Lakh (down 83% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 822% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹26.68 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹28.49 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -46.8% | ||||
| Net Profit Margin | -50% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Saffron Corporation Private Limited, buy the company report.
Board of directors of Saffron Corporation Private Limited
Saffron Corporation has 1 current director and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milin Upendra Parikh | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Saffron Corporation Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chandigarh Developers Private Limited | ₹57.06 Lakh (FY 2025) | 0.0% | Chandigarh, India | |||
| Saffron Corporation Private Limitedthis company | ₹57.01 Lakh (FY 2021) | -₹28.49 Lakh | -50% | -83.0% | 2 | Mumbai, Maharashtra, India |
| Shah and Jain Constructions Private Limited | ₹56.94 Lakh (FY 2019) | -89.0% | Mumbai, Maharashtra, India | |||
| Urbtec Engineering Construction Private Limited | ₹56.83 Lakh (FY 2024) | -48.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Saffron Corporation Private Limited, buy the company report.
Auditor
Saffron Corporation Private Limited is audited by BHAVIN N SHAH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVIN N SHAH & ASSOCIATES | FY 2019 | 121869W |
Shareholding
The shareholding of Saffron Corporation Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saffron Corporation Private Limited, buy the company report.
Legal cases
Saffron Corporation Private Limited has 1 court case on record: 1 filed by Saffron Corporation. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against M/S Lokhandwala Kataria Constructions Pvt Ltd | Disposed |
To see the full case history of Saffron Corporation 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 Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saffron Corporation Private Limited has a workforce of 2 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Saffron Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS7236A1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saffron Corporation Private Limited, buy the company report.
Recent activity
Saffron Corporation Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Mayur Kanubhai Shah ceased to be Director on 12 Mar 2025.
Frequently asked questions
Saffron Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 03 July 2012 (14+ years old) and is registered under CIN U52100MH2012PTC232869.
Saffron Corporation has 1 current director:
- Milin Upendra Parikh - Director
The latest financial statements of Saffron Corporation on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 28 January 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Saffron Corporation is 27AARCS7236A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saffron Corporation is U52100MH2012PTC232869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Corporation has 1 court case on record: 1 filed by the company.
Saffron Corporation was incorporated on 03 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saffron Corporation by revenue are Chandigarh Developers Private Limited, Shah and Jain Constructions Private Limited, Urbtec Engineering Construction Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Mayur Kanubhai Shah ceased to be Director on 12 Mar 2025. Dhanraj Mahendra Upadhyay ceased to be Director on 01 Nov 2019. Dhanraj Mahendra Upadhyay was appointed as Director on 28 Dec 2015. Saffron Corporation has 5 board changes on record in total.
The registered office of Saffron Corporation is at 103 Matrupriya Opp Spinach Shimpoli Raod Off New Link Road Boriva, Li West, Mumbai, Maharashtra, India – 400092.
Saffron Corporation operates in the infrastructure and utilities industry, in the general construction services segment.
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