
Saffron Mercantile Private Limited
About Saffron Mercantile Private Limited
Data last updated:
Saffron Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009PTC193102.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chaitya Lalit Adani and Ankit Rajendrakumar Sheth.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saffron Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Saffron Mercantile 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
Financials of Saffron Mercantile Private Limited
FY 2022 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 | |||
| Net Profit Margin | |||
| 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 Mercantile Private Limited, buy the company report.
Board of directors of Saffron Mercantile Private Limited
Saffron Mercantile has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitya Lalit Adani Also directs: Bowen Developers LLP, Green Stream Farms and Agro Private Limited, Refresh Buildcon Private Limited and 5 more | Director | 02 Mar 2019 | 7 Years 8 Months | Current |
| Ankit Rajendrakumar Sheth | Director | 01 Apr 2013 | 13 Years 7 Months | Current |
Auditor
Saffron Mercantile Private Limited is audited by R.H.MEHTA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.H.MEHTA & CO. | FY 2017 | 106289W |
Shareholding
The shareholding of Saffron Mercantile Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saffron Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saffron Mercantile 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 Mercantile 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 Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saffron Mercantile Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Chaitya Lalit Adani was appointed as Director on 02 Mar 2019.
Frequently asked questions
Saffron Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 June 2009 (17+ years old) and is registered under CIN U51109MH2009PTC193102.
Saffron Mercantile has 2 current directors:
- Chaitya Lalit Adani - Director
- Ankit Rajendrakumar Sheth - Director
The latest financial statements of Saffron Mercantile on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saffron Mercantile is U51109MH2009PTC193102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Mercantile was incorporated on 08 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Chaitya Lalit Adani was appointed as Director on 02 Mar 2019. Rajeevan Achuthan Paramban ceased to be Additional Director on 29 Sep 2016. Suhaas Tukaram Dumbre ceased to be Director on 22 Aug 2016. Saffron Mercantile has 9 board changes on record in total.
The registered office of Saffron Mercantile is at 401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.
Saffron Mercantile operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Saffron Mercantile is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.
Saffron Mercantile can be reached at its registered office: 401 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.

