Saffron Speciality Papers Limited - Company Profile

It is a wood public limited company based in Taluka Bhiwandi, Maharashtra, India, established in 2008.

2008 Taluka Bhiwandi, Maharashtra, India Active

Last Updated: January 07, 2026

About Saffron Speciality Papers Limited

Saffron Speciality Papers Limited, a active public limited company, was established on 15 April 2008 in Taluka Bhiwandi, Maharashtra, India. Engaging in wood & wood products within the manufacturing sector, it holds CIN: U51396MH2008PLC181181. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹9.43 M.

Formerly known as Albatross Speciality Papers Private Limited, Saffron Speciality Papers Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Harshiel Agarwal (Director), Amisha Agarwal (Whole-Time Director), Narayanan Ananthakrishnan Iyer (Director). Past directors included Devratan Shivkisan Daga, Harshiel Agarwal, Vikash Agarwal. It holds ₹141.36 Cr open charges and ₹67.57 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Survey No. 53, Hissa 29, 75/2 And 77/5 Village Aamne, Near Indian Petrol Pump, Taluka Bhiwandi, Maharashtra, 421302.

Company Details

CIN/LLPIN
U51396MH2008PLC181181
Registration Number
181181
Incorporation Date
15 April 2008
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹9.43 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 07-01-2026
Paid Up Capital ₹ 9.43 M as on 07-01-2026
Company Age 17 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 141.36 Cr as on 07-01-2026
Satisfied Charges ₹ 67.57 Cr as on 07-01-2026
Revenue Growth **** 10.13% (FY 2023)
Profit Growth **** 76.90% (FY 2023)
Ebitda **** 73.09% (FY 2023)
Net Worth 11.44% (FY 2023)
Total Assets **** 26.60% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Saffron Speciality Papers 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 Speciality Papers Limited?

Current Directors

Name	Designation	Appointment Date	Status
Harshiel Agarwal	Director	14 Feb 2024	Current
Amisha Agarwal	Whole-Time Director	18 Jan 2011	Current
Narayanan Ananthakrishnan Iyer	Director	12 Jun 2024	Current
Mahavir Mohanlal Hingar	Director	12 Jun 2024	Current
Sweta Agarwal	Managing Director	20 Nov 2021	Current
Jaykishan Rameshwarlal Rathi	Director	21 Dec 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Jan 2011	Past
Pramod Abcsdd	Director	31 May 2024	Past
Pramod Abcsdd	Director	20 Jun 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2011	Past
Pramod Abcsdd	Director	30 Jan 2011	Past
Pramod Abcsdd	Director	11 Jun 2024	Past

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Financial Performance of Saffron Speciality Papers.

Saffron Speciality Papers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.13% increase. The company also saw a substantial improvement in profitability, with a 76.9% increase in profit. The company's net worth Soared by an impressive increase of 11.44%.

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

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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

********

10.13%

*******

Revenue from Operations

*******

9.84%

*******

Total Assets

*******

26.60%

*******

Profit or Loss

*******

76.90%

*******

Net Worth

*******

11.44%

*******

EBITDA

*******

73.09%

*******

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What is the Ownership and Shareholding Structure of Saffron Speciality Papers?

In 2023, Saffron Speciality Papers 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)

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

₹1,413,645,696.00

Satisfied Charges

₹675,735,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 111.29 Cr
Others : 30.08 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Oct 2025	Hdfc Bank Limited	₹3.13 M	Open
28 Aug 2025	Hdfc Bank Limited	₹2.52 M	Open
04 Aug 2025	Others	₹25.01 Cr	Open
01 Jul 2024	Others	₹2.07 Cr	Open
13 May 2024	Hdfc Bank Limited	₹2.19 M	Open

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How Many Employees Work at Saffron Speciality Papers?

Saffron Speciality Papers has a workforce of 2 employees as of Mar 23, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Saffron Speciality Papers, 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 Speciality Papers's trajectory.

Rating

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

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 Speciality Papers

Recent Activity within the Organization

Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101194225 was registered on 09 Oct 2025. was completed.
09 Oct 2025
Annual General Meeting

Saffron Speciality Papers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101180317 was registered on 28 Aug 2025. was completed.
28 Aug 2025
Charges

The activity A charge with Hdfc Bank Limited of Rs. 109.48 Cr registered on 15 Mar 2024 with Charge ID 100884988 was modified on 20 Aug 2025. was completed.
20 Aug 2025
Charges

Progress on A charge with Others amounted to Rs. 25.01 Cr with Charge ID 101145478 was registered on 04 Aug 2025. was documented.
04 Aug 2025
Balance Sheet

The activity Saffron Speciality Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025

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Frequently Asked Questions

What is the CIN of Saffron Speciality Papers Limited?

The CIN of Saffron Speciality Papers Limited is U51396MH2008PLC181181.

Where is Saffron Speciality Papers Limited headquartered?

Saffron Speciality Papers Limited is headquartered at Survey No. 53, Hissa 29, 75/2 And 77/5 Village Aamne, Near Indian Petrol Pump, Taluka Bhiwandi, Maharashtra, 421302.

When was Saffron Speciality Papers Limited incorporated?

Saffron Speciality Papers Limited was incorporated on 15 April 2008.

Who are the current directors of Saffron Speciality Papers Limited?

The current directors of Saffron Speciality Papers Limited are

What is the primary industry of Saffron Speciality Papers Limited?

The primary industry of Saffron Speciality Papers Limited is Manufacturing.

Is Saffron Speciality Papers Limited a listed company?

Saffron Speciality Papers Limited is unlisted.

What is the capital structure of Saffron Speciality Papers Limited?

The authorized capital of Saffron Speciality Papers Limited is ₹20.00 Cr, and the paid-up capital is ₹9.43 M.

What is the compliance status of Saffron Speciality Papers Limited?

The compliance status of Saffron Speciality Papers Limited is Compliant.

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