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Saffron Industries Limited - Company Profile

It is a manufacturing public limited company based in Nagpur, Maharashtra, India, established in 1993.

1993 | Nagpur, Maharashtra, India | Active
Last Updated:

About Saffron Industries Limited

Saffron Industries Limited, a active public limited company, was established on 20 April 1993 in Nagpur, Maharashtra, India. Engaging in paper & packaging products within the manufacturing sector, it holds CIN: L21010MH1993PLC071683. Registered under ROC Roc Mumbai. it is listed on BSE: 531436. It has an authorized capital of ₹78.00 Cr and a paid-up capital of ₹7.19 Cr.

Formerly known as Madhyadesh Papers Limited. It upholds a compliant status. Its leadership includes Shekhar Madhav Chandle (Director), Thomas George David (Director), Shriranga Vinod Maheshwari (Director). Past directors included Satram Lokumal Keswani, Kiran Wasudeo Somalwar, Shrikant C Rikhe. It holds no open charges and ₹42.78 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Nava-Bharat Bhawan, Chatrapati Square, Wardha Road,, Nagpur, Maharashtra, 440015.

Company Details

  • CIN/LLPIN

    L21010MH1993PLC071683

  • Registration Number

    071683

  • Incorporation Date

    20 April 1993

  • Authorized Capital

    ₹78.00 Cr

  • Paid-Up Capital

    ₹7.19 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 531436)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 78.00 Cr
  • Paid Up Capital ₹ 7.19 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 42.78 Cr
  • Revenue Growth -4.67%
  • Profit Growth 15.35%
  • Ebitda 319.98%
  • Net Worth -16.48%
  • Total Assets -5.29%
Company report

Saffron Industries Limited

Company Report FY 2025-2026

Explore comprehensive insights into Saffron Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Saffron Industries Limited?

Current Directors

NameDesignationAppointment DateStatus
Shekhar Madhav ChandleDirector29 Mar 2022Current
Thomas George DavidDirector10 Dec 2021Current
Shriranga Vinod MaheshwariDirector29 Mar 2022Current
Manoj Rameshwar SinhaWhole-Time Director12 Jul 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Nov 2009Past
Pramod AbcsddDirector19 Mar 2009Past
Pramod AbcsddCompany Secretary20 Jul 2021Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo(Kmp)-Past

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Financial Performance of Saffron Industries.

Saffron Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.67% decrease. The company also saw a substantial improvement in profitability, with a 15.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.48%.

Saffron Industries revenue growth over time
Saffron Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.67%
Revenue from Operations
-4.67%
Total Assets
-5.29%
Profit or Loss
15.35%
Net Worth
-16.48%
EBITDA
319.98%

What is the Ownership and Shareholding Structure of Saffron Industries?

In 2023, Saffron Industries had a promoter holding of 60.49% and a public holding of 39.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹427,835,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 17.50 Cr
  • Asrec (India) Limited : 14.10 Cr
  • Ifci Ltd : 4.50 Cr
  • The Indl.Finance Corp.Of India Ltd. : 4.00 Cr
  • Oriental Bankof Commerce : 1.20 Cr
  • Others : 1.48 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2008Asrec (India) Limited₹3.80 CrSatisfied
11 Feb 2002Centurion Bank Ltd.₹0.56 MSatisfied
31 May 2001Centurion Bank Ltd.₹2.28 MSatisfied
24 Oct 2000Asrec (India) Limited₹5.80 CrSatisfied
11 May 2000State Bank Of India₹17.50 CrSatisfied

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How Many Employees Work at Saffron Industries?

Unlock and access historical data on people associated with Saffron Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Saffron Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saffron Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Saffron Industries's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Saffron Industries

Recent Activity within the Organization

  • Director Appointment

    Progress on Arti Murlidhar Hemnani was appointed as a Company Secretary was appointed as a Company Secretary on 07 Jul 2025 & has been associated with this company since 4 months 25 days . was documented.

  • Annual General Meeting

    Saffron Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Saffron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    Progress on Anil Bajpai was appointed as a Cfo was appointed as a Cfo on 28 Feb 2024 & has been associated with this company since 1 year 9 months . was documented.

  • Director Appointment

    The activity Shekhar Madhav Chandle was appointed as a Director was appointed as a Director on 29 Mar 2022 & has been associated with this company since 3 years 8 months . was completed.

  • Director Appointment

    Progress on Shriranga Vinod Maheshwari was appointed as a Director was appointed as a Director on 29 Mar 2022 & has been associated with this company since 3 years 8 months . was documented.

Frequently Asked Questions

  • What is the CIN of Saffron Industries Limited?

    The CIN of Saffron Industries Limited is L21010MH1993PLC071683.

  • Where is Saffron Industries Limited headquartered?

    Saffron Industries Limited is headquartered at Nava-Bharat Bhawan, Chatrapati Square, Wardha Road,, Nagpur, Maharashtra, 440015.

  • When was Saffron Industries Limited incorporated?

    Saffron Industries Limited was incorporated on 20 April 1993.

  • Who are the current directors of Saffron Industries Limited?

    The current directors of Saffron Industries Limited are

  • What is the primary industry of Saffron Industries Limited?

    The primary industry of Saffron Industries Limited is Manufacturing.

  • Is Saffron Industries Limited a listed company?

    Saffron Industries Limited is listed. It is listed on BSE: 531436.

  • What is the capital structure of Saffron Industries Limited?

    The authorized capital of Saffron Industries Limited is ₹78.00 Cr, and the paid-up capital is ₹7.19 Cr.

  • What is the compliance status of Saffron Industries Limited?

    The compliance status of Saffron Industries Limited is Compliant.

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