MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0030788
Saffron Enterprises Private Limited - fashion and textile in Ambali, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹65.97 Cr
▲ 83% YoY
Net profit · FY 2023
₹32.82 Lakh
Net margin 0.5%
EBITDA · FY 2023
₹2.39 Cr
EBITDA margin 3.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.34 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Satisfied ₹2 Cr
Company age
20 yrs
Est. 2006
Directors on board
5
As per MCA filings
About Saffron Enterprises Private Limited
Data last updated:
Saffron Enterprises Private Limited is a private limited company based in Ambali, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 31 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2006PTC047628. Its GSTIN is 24AAJCS6368M1ZP (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.34 Lakh. It is led by directors including Shailesh Parmanad Khattar and Laxmi Parmanand Khattar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 114 And 115 Swagat Plaza – II Opp. Ambali Village Ambali – Bopal Road, Gujarat, India – 382456.
As per the financials filed for FY 2023, the company reported a revenue of ₹65.97 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹32.82 Lakh (net margin 0.5%) and EBITDA of ₹2.39 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Saffron Enterprises Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0030788). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffronenterprises.com.
Company details
CIN U51100GJ2006PTC047628
Registration Number 047628
Incorporation Date 31 January 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0030788
Key People
Shailesh Parmanad Khattar Director Laxmi Parmanand Khattar Director Nilesh Paramanand Khattar Director Recognitions & Rankings of Saffron Enterprises
Contact details
Saffron Enterprises Private Limited's registered office is in Ambali, Gujarat. Its website is saffronenterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 114 And 115 Swagat Plaza – II Opp. Ambali Village Ambali – Bopal Road, Gujarat, India – 382456
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Saffron Enterprises Private Limited, buy the company report.
Comprehensive company report
Saffron Enterprises Private Limited - one report that includes everything
- 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
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Financials of Saffron Enterprises Private Limited
FY 2024 filings availableSaffron Enterprises Private Limited reported revenue of ₹65.97 Cr (up 83% YoY) for FY 2023.
Revenue · FY 2023
₹65.97 Cr ▲ 83%
Net profit · FY 2023
₹32.82 Lakh margin 0.5%
EBITDA · FY 2023
₹2.39 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 83%
3 years · compounded
▲ 33%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 83% growth in the latest year. EBITDA rose 31% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹65.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.82 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Enterprises Private Limited, buy the company report.
Board of directors of Saffron Enterprises Private Limited
Saffron Enterprises has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Parmanad Khattar Also directs: Hifazat Hotels LLP | Director | 31 Jan 2006 | 20 Years 8 Months | Current |
| Laxmi Parmanand Khattar | Director | 31 Jan 2006 | 20 Years 8 Months | Current |
| Nilesh Paramanand Khattar | Director | 30 Oct 2009 | 16 Years 11 Months | Current |
| Sneha Sailesh Khattar | Director | 20 Jan 2011 | 15 Years 9 Months | Current |
| Meeta Nilesh Khattar | Director | 31 Jan 2006 | 20 Years 8 Months | Current |
Auditor
Saffron Enterprises Private Limited is audited by RIKIN J. SHAH & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RIKIN J. SHAH & Co. | FY 2023 | 116974W |
Shareholding
The shareholding of Saffron Enterprises 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 Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2020 | 100400601 | Hdfc Bank Limited | ₹75 Lakh | Open | |
| 28 Apr 2006 | 10006245 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Saffron Enterprises Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Saffron Enterprises Private Limited has 1 court case on record: 1 filed by Saffron Enterprises. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
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, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Saffron Enterprises 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 Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saffron Enterprises has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS6368M1ZP | Gujarat | Active | 01 Jul 2017 |
| 24AAJCS6368M2ZO | Gujarat | Active | 25 Mar 2025 |
To see the full GST registrations and return filing status of Saffron Enterprises Private Limited, buy the company report.
Recent activity
Saffron Enterprises Private Limited has 6 board changes on record since 2006: 5 appointments and 1 cessation. The latest: Sneha Sailesh Khattar was appointed as Director on 20 Jan 2011.
AGM
Saffron Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saffron Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 75.00 Lakh registered on 10 Dec 2020 with Charge ID 100400601 was modified on 05 Aug 2021.
Charges
A charge registered on 28 Apr 2006 via Charge ID 10006245 with Hdfc Bank Limited was fully satisfied on 18 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 100400601 was registered on 10 Dec 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 200.00 Lakh registered on 28 Apr 2006 with Charge ID 10006245 was modified on 02 Jul 2016.
Appointed
Sneha Sailesh Khattar was appointed as Director.
Appointed
Nilesh Paramanand Khattar was appointed as Director.
Ceased
Sumit Karamchand Khattar ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 10006245 was registered on 28 Apr 2006.
Appointed
Laxmi Parmanand Khattar was appointed as Director.
Appointed
Meeta Nilesh Khattar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Saffron Enterprises is an active private limited company based in Ambali, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 31 January 2006 (20+ years old) and is registered under CIN U51100GJ2006PTC047628.
Saffron Enterprises has 5 current directors:
- Shailesh Parmanad Khattar - Director
- Laxmi Parmanand Khattar - Director
- Nilesh Paramanand Khattar - Director
- Sneha Sailesh Khattar - Director
- Meeta Nilesh Khattar - Director
The latest financial statements of Saffron Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saffron Enterprises is 24AAJCS6368M1ZP, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAJCS6368M2ZO (Gujarat).
The CIN (Corporate Identification Number) of Saffron Enterprises is U51100GJ2006PTC047628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Enterprises has 1 court case on record: 1 filed by the company.
Saffron Enterprises was incorporated on 31 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sneha Sailesh Khattar was appointed as Director on 20 Jan 2011. Nilesh Paramanand Khattar was appointed as Director on 30 Oct 2009. Sumit Karamchand Khattar ceased to be Director on 30 Oct 2009. Saffron Enterprises has 6 board changes on record in total.
Yes, Saffron Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0030788).
Saffron Enterprises can be reached through the website saffronenterprises.com. Its registered office is in Ambali, Gujarat, India.