Saffron Met-Yarns Limited - Company Profile

It is a manufacturing public limited company based in Surat, Gujarat, India, established in 2009.
2009 Surat, Gujarat, India Amalgamated
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About Saffron Met-Yarns Limited

Saffron Met-Yarns Limited, a amalgamated public limited company, was established on 23 September 2009 in Surat, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17291GJ2009PLC058163. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.20 Cr and a paid-up capital of ₹1.06 Cr.

Formerly known as Saffron Met-Yarns Private Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Brijendrapal Krishnalal Chopra (Director), Harshesh Brijendrapal Chopra (Director), Richie Aikat (Director). Past directors included Anjanaben Tarsimal Chopra, Dipika Vaghela, Surinderkaur Brijendrapal Chopra. It holds no open charges and ₹12.23 Cr settled loans. Its latest AGM occurred on 16 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot- 7/8, Gr To 2Nd Fl, Sy No-178. Sai Ashish, Surat Industrial Soc, Bamrol, I Road, Surat, Gujarat, 394510.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17291GJ2009PLC058163

  • Registration Number

    058163

  • Incorporation Date

    23 September 2009

  • Authorized Capital

    ₹1.20 Cr

  • Paid-Up Capital

    ₹1.06 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.06 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 12.23 Cr
  • Revenue Growth **** 40.05%
  • Profit Growth **** 160.22%
  • Ebitda **** 116.79%
  • Net Worth 3.14%
  • Total Assets **** 2.21%
Company report

Saffron Met-Yarns Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Saffron Met-Yarns 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 Met-Yarns Limited?
Current Directors
Name Designation Appointment Date Status
Brijendrapal Krishnalal Chopra Director 23 Sep 2009 Current
Harshesh Brijendrapal Chopra Director 05 Oct 2016 Current
Richie Aikat Director 08 Sep 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Mar 2016 Past
Pramod Abcsdd Director 16 Aug 2014 Past
Pramod Abcsdd Director 26 Aug 2022 Past
Pramod Abcsdd Additional Director 30 Sep 2017 Past
Pramod Abcsdd Additional Director 10 Aug 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past

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Financial Performance of Saffron Met-Yarns.

Saffron Met-Yarns Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.05% increase. The company also saw a substantial improvement in profitability, with a 160.22% increase in profit. The company's net worth moved up by a moderate rise of 3.14%.

Saffron Met-Yarns revenue growth over time
Saffron Met-Yarns profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 40.05%
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Revenue from Operations
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 44.78%
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Total Assets
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 2.21%
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Profit or Loss
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 160.22%
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Net Worth
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 3.14%
*******
*******
*******
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EBITDA
*******
 116.79%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Saffron Met-Yarns?

In 2020, Saffron Met-Yarns had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹122,337,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 5.84 Cr
  • Others : 3.94 Cr
  • Allahabad Bank : 2.46 Cr
Latest Charge Details
Date Lender Amount Status
17 Dec 2015 Bank Of Baroda ₹7.50 M Satisfied
23 Dec 2011 Bank Of Baroda ₹5.09 Cr Satisfied
02 Jun 2011 Others ₹3.94 Cr Satisfied
13 Mar 2010 Allahabad Bank ₹2.46 Cr Satisfied

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How Many Employees Work at Saffron Met-Yarns?

Saffron Met-Yarns has a workforce of 1 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saffron Met-Yarns, 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 Met-Yarns's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Saffron Met-Yarns
Recent Activity within the Organization
  • Annual General Meeting

    Saffron Met-Yarns Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Saffron Met-Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    The activity A charge registered on 23 Dec 2011 via Charge ID 10333845 with Bank Of Baroda was fully satisfied on 20 Feb 2023. was completed.

  • Charges

    Progress on A charge registered on 02 Jun 2011 via Charge ID 10298507 with Others was fully satisfied on 30 Jan 2023. was documented.

  • Director Appointment

    Richie Aikat was appointed as a Director was appointed as a Director on 08 Sep 2022 & has been associated with this company since 3 years 5 months . was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 3.94 Cr registered on 02 Jun 2011 with Charge ID 10298507 was modified on 25 Nov 2021. was completed.

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Frequently Asked Questions
What is the CIN of Saffron Met-Yarns Limited?

The CIN of Saffron Met-Yarns Limited is U17291GJ2009PLC058163.

Where is Saffron Met-Yarns Limited headquartered?

Saffron Met-Yarns Limited is headquartered at Plot- 7/8, Gr To 2Nd Fl, Sy No-178. Sai Ashish, Surat Industrial Soc, Bamrol, I Road, Surat, Gujarat, 394510.

When was Saffron Met-Yarns Limited incorporated?

Saffron Met-Yarns Limited was incorporated on 23 September 2009.

Who are the current directors of Saffron Met-Yarns Limited?

The current directors of Saffron Met-Yarns Limited are

What is the primary industry of Saffron Met-Yarns Limited?

The primary industry of Saffron Met-Yarns Limited is Manufacturing.

Is Saffron Met-Yarns Limited a listed company?

Saffron Met-Yarns Limited is unlisted.

What is the capital structure of Saffron Met-Yarns Limited?

The authorized capital of Saffron Met-Yarns Limited is ₹1.20 Cr, and the paid-up capital is ₹1.06 Cr.

What is the compliance status of Saffron Met-Yarns Limited?

The compliance status of Saffron Met-Yarns Limited is Compliant.

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