About Saffron Fasteners Private Limited
Data last updated:
Saffron Fasteners Private Limited is a private limited company based in Nikol Odhav, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 16 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27320GJ2016PTC093364. Its GSTIN is 24AAXCS4528H1ZW (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nilesh Tadha Tejabhai and Bhaveshbhai Kapadiya Dhirubhai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 27/2/A Panchjanya Estate B/H – Gvmm Near Odhav Circle, Nikol Odhav, Gujarat, India – 382415.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.91 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹7.96 Lakh (net margin 0.7%) and EBITDA of ₹44.14 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 23% over five years.
The company is associated with 1 brand: Saffron Fasteners. As per MCA filings, the company has open charges of ₹4.61 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffronfasteners.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address27/2/A Panchjanya Estate B/H – Gvmm Near Odhav Circle, Nikol Odhav, Gujarat, India – 382415
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Saffron Fasteners Private Limited
The main business activity of Saffron Fasteners is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saffron Fasteners Private Limited FY 2025 filings available
Saffron Fasteners Private Limited reported revenue of ₹10.91 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saffron Fasteners Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 4% growth in the latest year. EBITDA rose 6% 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 of Saffron Fasteners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹44.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.96 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 of Saffron Fasteners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saffron Fasteners are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saffron Fasteners Private Limited
Saffron Fasteners Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajnandinee Engineers Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Arai Pump India Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Bidadi Metal Finishers Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Pti Engineering Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Gajjar Industries Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Saffron Fasteners Private Limited this company | •••• | •••• | •••• | •••• | - | Nikol Odhav, Gujarat, India |
| VM Precision Punch Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, 37, Telangana, India |
| Needumbra Industries Private Limited | •••• | •••• | •••• | •••• | - | Bhiwandi, Maharashtra, India |
| Gauri Forge Private Limited | •••• | •••• | •••• | •••• | - | Shirur, Maharashtra, India |
| Atlasteeco Projects Private Limited | •••• | •••• | •••• | •••• | - | Domjur, West Bengal, India |
| KNS Engineering Works Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Saffron Fasteners by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Saffron Fasteners Private Limited
Saffron Fasteners Private Limited is audited by P B NANDOLA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P B NANDOLA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saffron Fasteners Private Limited
Saffron Fasteners has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Tadha Tejabhai | Director | 16 Aug 2016 | 10 Years 1 Months | Current |
| Bhaveshbhai Kapadiya Dhirubhai | Director | 16 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Saffron Fasteners Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saffron Fasteners Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2024 | Axis Bank Limited | ₹2.5 Cr | Open |
| 25 Sep 2019 | Yes Bank Limited | ₹2.11 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Saffron Fasteners Private Limited
Saffron Fasteners Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 17 overdue payments to 8 micro and small suppliers. 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mohindra Dies and Tools Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Saffron Fasteners Private Limited
Saffron Fasteners operates one associated brand: Saffron Fasteners. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of fasteners in India. | saffronfasteners.com |
Employees and EPFO Compliance at Saffron Fasteners Private Limited
Employment history and EPFO contributions of people linked to Saffron Fasteners.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saffron Fasteners Private Limited
Saffron Fasteners Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Nareshkumar Kamaliya Chhaganbhai ceased to be Director on 15 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Saffron Fasteners Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saffron Fasteners Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saffron Fasteners Private Limited
Saffron Fasteners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS4528H1ZW | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saffron Fasteners Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saffron Fasteners Private Limited
Saffron Fasteners is an active private limited company based in Nikol Odhav, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 16 August 2016 (10+ years old) and is registered under CIN U27320GJ2016PTC093364.
Saffron Fasteners reported revenue of ₹10.91 Cr for FY 2025 (up 4% YoY).
Saffron Fasteners has 2 current directors:
- Nilesh Tadha Tejabhai - Director
- Bhaveshbhai Kapadiya Dhirubhai - Director
Saffron Fasteners reported a net profit of ₹7.96 Lakh (net margin 0.7%) and EBITDA of ₹44.14 Lakh (EBITDA margin 4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saffron Fasteners is 10% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saffron Fasteners is 24AAXCS4528H1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Saffron Fasteners is U27320GJ2016PTC093364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Fasteners was incorporated on 16 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Saffron Fasteners by revenue are Rajnandinee Engineers Private Limited, Arai Pump India Private Limited, Bidadi Metal Finishers Private Limited, Pti Engineering Technologies Private Limited, Gajjar Industries Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Nareshkumar Kamaliya Chhaganbhai ceased to be Director on 15 Jul 2023. Bhaveshbhai Kapadiya Dhirubhai was appointed as Director on 16 Aug 2016. Nareshkumar Kamaliya Chhaganbhai was appointed as Director on 16 Aug 2016. Saffron Fasteners has 4 board changes on record in total.
Yes, Saffron Fasteners is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Saffron Fasteners has 3 MSME Form 1 returns on record between 2019 and 2021, listing 17 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Oct 2021.