About Saffron Shelters Private Limited
Data last updated:
Saffron Shelters Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 June 2011.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U45200TZ2011PTC017156. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was led by directors including Shanmugasundaram Chinnu and Kandasamy Chinnu.
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 was at 792 K.C.Arcade II Nd Floor T.V.Swamy Road East R.S.Puram, Coimbatore, Tamil Nadu, India – 641002.
As per the financials filed for FY 2022, the company reported a revenue of ₹70,000, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹59,911 (net margin 85.6%) and EBITDA of ₹70,000 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 76% over five years.
The company had about 17 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is safronshelters.com.
Company details
Contact details
Saffron Shelters Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is safronshelters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address792 K.C.Arcade II Nd Floor T.V.Swamy Road East R.S.Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryReal Estate and Construction, Real Estate Builders & Developers, Real Estate Marketing & Sales
To see the full contact details of Saffron Shelters 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
Business activity
The main business activity of Saffron Shelters is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Saffron Shelters Private Limited
FY 2022 filings availableSaffron Shelters Private Limited reported revenue of ₹70,000 (up 235% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 235% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 76%. EBITDA rose 188% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹70,000 | ||||
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| Net Profit (PAT) | ₹59,911 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 100% | ||||
| Net Profit Margin | 85.6% | ||||
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To see the full financial statements and ratios of Saffron Shelters Private Limited, buy the company report.
Board of directors of Saffron Shelters Private Limited
Saffron Shelters has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanmugasundaram Chinnu Also directs: Green Max Resorts LLP, Arcadia Hotels and Resorts Limited Liability Partnership, C R Motors Private Limited and 3 more | Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
| Kandasamy Chinnu Also directs: K.Chinnu and Company Constructions Private Limited | Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
| Arumugam Somasundaram Also directs: MMS Global Eye Hospital Private Limited | Director | 16 Jun 2011 | 15 Years 4 Months | As last reported |
Auditor
Saffron Shelters Private Limited is audited by J D S ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J D S ASSOCIATES | FY 2018 | 008735S |
Shareholding
The shareholding of Saffron Shelters Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saffron Shelters Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saffron Shelters 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 Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saffron Shelters Private Limited has a workforce of 17 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Saffron Shelters has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saffron Shelters Private Limited, buy the company report.
Recent activity
Saffron Shelters Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Arumugam Somasundaram was appointed as Director on 16 Jun 2011.
Frequently asked questions
Saffron Shelters has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saffron Shelters was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 June 2011 and is registered under CIN U45200TZ2011PTC017156. The company has been struck off by the Registrar of Companies and is no longer operational.
Saffron Shelters had 3 directors:
- Shanmugasundaram Chinnu - Director
- Kandasamy Chinnu - Director
- Arumugam Somasundaram - Director
The CIN (Corporate Identification Number) of Saffron Shelters is U45200TZ2011PTC017156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Saffron Shelters is at 792 K.C.Arcade II Nd Floor T.V.Swamy Road East R.S.Puram, Coimbatore, Tamil Nadu, India – 641002.
Saffron Shelters was incorporated on 16 June 2011. It is registered with the Registrar of Companies, Coimbatore.
Saffron Shelters can be reached through the website safronshelters.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The latest financial statements of Saffron Shelters 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.
No. Saffron Shelters has 1 GST registration on record and it is cancelled or inactive.
Saffron Shelters operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.