Saffron Spaces Limited
About Saffron Spaces Limited
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Saffron Spaces Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PLC213905. Its GSTIN is 27AAJCA2423K1ZP (Maharashtra).
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹4.9 Cr. It was formerly known as Saffron Spaces Private Limited and Areya Management Services Private Limited. It is led by directors including Akbar Momin Jalaluddin and Faizan Malik Rozani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Lakh. For the same year it recorded a net loss of ₹2.92 Lakh (net margin -232%) and EBITDA of -₹1.64 Lakh (EBITDA margin -130.5%).
Court records list 10 cases involving the company, including 10 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Saffron Spaces has undergone 2 name changes throughout its history. The company was previously known as Saffron Spaces Private Limited, and Areya Management Services Private Limited. The current legal name is Saffron Spaces Limited.
| Company Name | Status |
|---|---|
| Saffron Spaces Limited | Current |
| Saffron Spaces Private Limited | Previous |
| Areya Management Services Private Limited | Previous |
CIN history
Saffron Spaces has one previous CIN (Corporate Identification Number): U74120MH2011PTC213905. The current CIN is U74120MH2011PLC213905, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120MH2011PLC213905 | Current |
| U74120MH2011PTC213905 | Previous |
Contact details
Saffron Spaces Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 3 C Wing 1st Floor Dahisar Gulistan Chs Ltd, S.V. Road Dahisar East Near Ravindra Hotel, Mumbai, Maharashtra, India – 400068
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Saffron Spaces 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 Spaces is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Saffron Spaces Limited, buy the company report.
Financials of Saffron Spaces Limited
FY 2025 filings availableSaffron Spaces Limited reported revenue of ₹1.26 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.64 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹2.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -130.5% | ||||
| Net Profit Margin | -232% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Saffron Spaces Limited, buy the company report.
Board of directors of Saffron Spaces Limited
Saffron Spaces has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akbar Momin Jalaluddin | Director | 18 Sep 2023 | 3 Years 1 Months | Current |
| Sameer Suresh Sawant Also directs: GMP Contractors Private Limited | Additional Director | 08 Mar 2024 | 2 Years 8 Months | Current |
| Faizan Malik Rozani Also directs: Fortune Infrazone LLP, Vighnavinashanaya Vikasak LLP, GMP Contractors Private Limited and 2 more | Director | 18 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Saffron Spaces Limited is audited by Rajan Baya & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajan Baya & Company | FY 2023 | 011644C |
Shareholding
The shareholding of Saffron Spaces Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saffron Spaces Limited, buy the company report.
Legal cases
Saffron Spaces Limited has 10 court cases on record: 10 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
| High courts | 5 | 5 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Saffron Spaces Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saffron Spaces Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saffron Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA2423K1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saffron Spaces Limited, buy the company report.
Recent activity
Saffron Spaces Limited has 19 board changes on record since 2013: 3 appointments and 16 cessations. The latest: Akbar Momin Jalaluddin ceased to be Additional Director on 29 Sep 2025.
10 earlier events are in the company report.
Frequently asked questions
Saffron Spaces is an active public limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 February 2011 (15+ years old) and is registered under CIN U74120MH2011PLC213905.
Saffron Spaces has 3 current directors:
- Akbar Momin Jalaluddin - Director
- Sameer Suresh Sawant - Additional Director
- Faizan Malik Rozani - Director
The latest financial statements of Saffron Spaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Saffron Spaces is 27AAJCA2423K1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saffron Spaces is U74120MH2011PLC213905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Spaces has 10 court cases on record: 10 filed against it. 4 are pending. Most are in the district courts.
Saffron Spaces was incorporated on 23 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Akbar Momin Jalaluddin ceased to be Additional Director on 29 Sep 2025. Faizan Malik Rozani ceased to be Additional Director on 29 Sep 2025. Ashish Nalwaya ceased to be Director on 08 Mar 2024. Saffron Spaces has 19 board changes on record in total.
The registered office of Saffron Spaces is at Shop No 3 C Wing 1st Floor Dahisar Gulistan Chs Ltd, S.V. Road Dahisar East Near Ravindra Hotel, Mumbai, Maharashtra, India – 400068.
Saffron Spaces operates in the infrastructure and utilities industry, in the general construction services segment.
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