MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0213723
Saffron Studios Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹57.18 Cr
▲ 219% YoY
Net profit · FY 2024
₹71.26 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹63.79 Lakh
EBITDA margin 1.1%
Authorised capital
₹4.6 Cr
Registered with MCA
Paid-up capital
₹1.26 Cr
Issued & subscribed
Open charges
₹99 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
140
Provident fund records
About Saffron Studios Private Limited
Data last updated:
Saffron Studios Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 07 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC264101. Its GSTIN is 27AAVCS7372P1Z3 (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹4.6 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors including Tejas Parulekar Devendra and Devendra Kamlakar Parulekar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1805 Sky Flama Dosti Flamingos, Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹71.26 Lakh (net margin 1.2%) and EBITDA of ₹63.79 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 87% over five years.
The company has about 140 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SaffronStays. As per MCA filings, the company has open charges of ₹99 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 13 deals on record (8 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹70.74 Cr; the latest was in June 2026. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 13 overdue payments to 8 micro and small suppliers.
Saffron Studios Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0213723). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffronstays.com.
Company details
CIN U74120MH2015PTC264101
Registration Number 264101
Incorporation Date 07 May 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0213723
Key People
Tejas Parulekar Devendra Director Devendra Kamlakar Parulekar Director Nimisha Nagarsekar Manish Nominee Director Recognitions & Rankings of Saffron Studios
Contact details
Saffron Studios Private Limited's registered office is in Mumbai, Maharashtra. Its website is saffronstays.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1805 Sky Flama Dosti Flamingos, Mumbai, Maharashtra, India – 400015
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Saffron Studios Private Limited, buy the company report.
Comprehensive company report
Saffron Studios Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Saffron Studios operates one associated brand: SaffronStays. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace for booking vacation rentals | saffronstays.com |
Business activity
The main business activity of Saffron Studios is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Saffron Studios Private Limited, buy the company report.
Financials of Saffron Studios Private Limited
FY 2024 filings availableSaffron Studios Private Limited reported revenue of ₹57.18 Cr (up 219% YoY) for FY 2024.
Revenue · FY 2024
₹57.18 Cr ▲ 219%
Net profit · FY 2024
₹71.26 Lakh margin 1.2%
EBITDA · FY 2024
₹63.79 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 219%
3 years · compounded
▲ 79%
5 years · compounded
▲ 87%
EBITDA CAGR growth
1 year
▲ 119%
3 years · compounded
▲ 40%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years, including 219% growth in the latest year. EBITDA rose 119% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹63.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.26 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Studios Private Limited, buy the company report.
Board of directors of Saffron Studios Private Limited
Saffron Studios has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Parulekar Devendra Also directs: Saffronstays LLP | Director | 07 May 2015 | 11 Years 5 Months | Current |
| Devendra Kamlakar Parulekar Also directs: Saffronstays LLP, Abm Knowledgeware Limited | Director | 20 Apr 2016 | 10 Years 6 Months | Current |
| Nimisha Nagarsekar Manish Also directs: Sixth Sense Ventures Advisors LLP, Khanal Foods Private Limited, Ras Beauty Private Limited and 4 more | Nominee Director | 18 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Saffron Studios Private Limited is audited by MSKA & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2024 | 105047W |
Shareholding
The shareholding of Saffron Studios Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saffron Studios Private Limited, buy the company report.
Charges & borrowings
Open charges
₹99 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2023 | 100746991 | Hdfc Bank Limited | ₹99 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Saffron Studios Private Limited has 13 deals on record (8 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹70.74 Cr; the latest was in June 2026.
Total deals
13
Funding rounds
8
Secondary share transfers
4
Acquisition
1
Disclosed funding
₹70.74 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Funding round | ₹4.98 Cr | Investors: Infinity Alternatives, Runner Marketing Private Limited , 2 individuals |
| Dec 2025 | Funding round | ₹12.86 Cr | Investors: Aidos India Fund Limited, Urja Ships Private Limited , Ashika Credit Capital Limited , an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Nikhil Vora Huf Seller: an individual |
| Aug 2019 | Funding round | ₹7 Cr | Investors: Sixth Sense Ventures, an individual |
| May 2019 | Funding round | ₹6 Cr | Investors: Sixth Sense Ventures |
To see the full deal history of Saffron Studios Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saffron Studios Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Pending |
To see the full case history of Saffron Studios Private 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
Saffron Studios Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 13 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Saffron Studios Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Saffron Studios Private Limited has a workforce of 140 employees on its EPFO records as of Feb 04, 2025, across 1 active EPFO establishment.
Employee count
140
Active EPFO establishments
1
Employee growth
19.66%
GST
Saffron Studios has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS7372P1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 33AAVCS7372P1ZA | Tamil Nadu | Active | 24 Aug 2017 |
| 30AAVCS7372P1ZG | Goa | Active | 14 Sep 2017 |
| 08AAVCS7372P1Z3 | Rajasthan | Active | 18 Jan 2018 |
To see the full GST registrations and return filing status of Saffron Studios Private Limited, buy the company report.
Recent activity
Saffron Studios Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Nimisha Nagarsekar Manish ceased to be Additional Director on 29 Sep 2023.
AGM
Saffron Studios Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saffron Studios Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Nimisha Nagarsekar Manish ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100746991 was registered on 30 Mar 2023.
Ceased
Nikhil Kishorchandra Vora ceased to be Nominee Director.
Appointed
Nimisha Nagarsekar Manish was appointed as Nominee Director.
Ceased
Shamala Kamalakar Parulekar ceased to be Director.
Appointed
Devendra Kamlakar Parulekar was appointed as Director.
Appointed
Tejas Parulekar Devendra was appointed as Director.
Incorporation
07 May 2015
Saffron Studios Private Limited was registered on 07 May 2015 with Roc Mumbai & aged 11 years 5 months as per MCA records.
News
Frequently asked questions
Saffron Studios is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 07 May 2015 (11+ years old) and is registered under CIN U74120MH2015PTC264101.
Saffron Studios has 3 current directors:
- Tejas Parulekar Devendra - Director
- Devendra Kamlakar Parulekar - Director
- Nimisha Nagarsekar Manish - Nominee Director
The latest financial statements of Saffron Studios on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Saffron Studios is 27AAVCS7372P1Z3, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 33AAVCS7372P1ZA (Tamil Nadu), 30AAVCS7372P1ZG (Goa), 08AAVCS7372P1Z3 (Rajasthan).
The CIN (Corporate Identification Number) of Saffron Studios is U74120MH2015PTC264101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Studios has 1 court case on record: 1 filed against it. 1 is pending.
Saffron Studios was incorporated on 07 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Saffron Studios has 13 deals on record (8 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹70.74 Cr; the latest was in June 2026.
Nimisha Nagarsekar Manish ceased to be Additional Director on 29 Sep 2023. Nikhil Kishorchandra Vora ceased to be Nominee Director on 18 Jan 2022. Nimisha Nagarsekar Manish was appointed as Nominee Director on 18 Jan 2022. Saffron Studios has 6 board changes on record in total.
Yes, Saffron Studios is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0213723).
Saffron Studios has 3 MSME Form 1 returns on record between 2022 and 2023, listing 13 overdue payments to 8 micro and small suppliers. The latest return was filed on 29 Aug 2023.