Saffron Tech Private Limited

Saffron Tech Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2008PTC173957 Incorporated 12 February 2008 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2024
₹11 Cr
▲ 5% YoY
Net profit · FY 2024
₹62.47 Lakh
Net margin 5.7%
EBITDA · FY 2024
₹1.04 Cr
EBITDA margin 9.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹1.2 Cr
Satisfied ₹1.87 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
9
Provident fund records

About Saffron Tech Private Limited

Data last updated:

Saffron Tech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 February 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2008PTC173957. Its GSTIN is 07AALCS6454J1ZU (Delhi).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Gaurav Sabharwal and Vibhu Satpaul.

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 Kh. No. – 385 Gali No.1, Near 100 Ft Road Mg Road Ghitorni, New Delhi, Delhi, India – 110030.

As per the financials filed for FY 2024, the company reported a revenue of ₹11 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹62.47 Lakh (net margin 5.7%) and EBITDA of ₹1.04 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: IT Chimes. As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹1.87 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.

Saffron Tech Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-08-0036644). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffrontech.net.

Company details

CIN U72900DL2008PTC173957
Registration Number 173957
Incorporation Date 12 February 2008
ROC Delhi
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 MSME
Udyam Registration UDYAM-DL-08-0036644

Recognitions & Rankings of Saffron Tech

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-DL-08-0036644

Contact details

Saffron Tech Private Limited's registered office is in New Delhi, Delhi. Its website is saffrontech.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Kh. No. – 385 Gali No.1, Near 100 Ft Road Mg Road Ghitorni, New Delhi, Delhi, India – 110030
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Saffron Tech Private Limited, buy the company report.

Comprehensive company report
Saffron Tech 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
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Brands

Saffron Tech operates one associated brand: IT Chimes. Each brand links to its own profile.

BrandDescriptionWebsite
Offers web development, app development, IT staffing, and e-commerce services globally.itchimes.com

Business activity

The main business activity of Saffron Tech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Saffron Tech Private Limited, buy the company report.

Financials of Saffron Tech Private Limited

FY 2024 filings available

Saffron Tech Private Limited reported revenue of ₹11 Cr (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹11 Cr ▲ 5%
Net profit · FY 2024
₹62.47 Lakh margin 5.7%
EBITDA · FY 2024
₹1.04 Cr margin 9.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 13%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 10%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA rose 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.04 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹62.47 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.4%
Net Profit Margin5.7%
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 Tech Private Limited, buy the company report.

Board of directors of Saffron Tech Private Limited

Saffron Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gaurav SabharwalDirector12 Feb 200818 Years 8 MonthsCurrent
Vibhu SatpaulDirector12 Feb 200818 Years 8 MonthsCurrent

Peer comparison

Saffron Tech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vectoscalar Technologies Private Limited₹11.14 Cr (FY 2025)-18.0%Delhi, India
Vidhi Techinnovation Opportunities Network Private Limited₹11.14 Cr (FY 2025)-24.0%Gurgaon, Haryana, India
Infosec Ventures Private Limited₹11.1 Cr (FY 2025)23.0%New Delhi, Delhi, India
Afc Digital Private Limited₹11.05 Cr (FY 2025)15.0%Bangalore, Karnataka, India
Slo Technologies Private Limited₹11.04 Cr (FY 2024)65.0%Mumbai, Maharashtra, India
Saffron Tech Private Limitedthis company₹11 Cr (FY 2024)₹62.47 Lakh5.7%5.0%9New Delhi, Delhi, India
Ideastack Solutions Private Limited₹10.97 Cr (FY 2024)11.0%Mumbai, Maharashtra, India
Neerja Softwares Private Limited₹10.95 Cr (FY 2025)-3.0%Jaipur, Rajasthan, India
Exarca Consulting Private Limited₹10.93 Cr (FY 2025)-13.0%New Delhi, Delhi, India
Outrix Wave Infotech Private Limited₹10.88 Cr (FY 2024)-9.0%Mumbai, Maharashtra, India
Supervivo Technologies Private Limited₹10.84 Cr (FY 2024)93.0%Pune, Maharashtra, India

To see the full peer comparison of Saffron Tech Private Limited, buy the company report.

Auditor

Saffron Tech Private Limited is audited by M M BHASIN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M M BHASIN & COFY 2023014777N

Shareholding

The shareholding of Saffron Tech Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Saffron Tech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.2 Cr
Satisfied charges
₹1.87 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.84 Cr
Others₹0.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jul 2025101151664Hdfc Bank Limited₹68 LakhOpen
29 May 2024100930208Others₹35.89 LakhOpen
27 Oct 2023100832906Hdfc Bank Limited₹16 LakhOpen
23 Aug 201310444954Icici Bank Limited₹1.87 CrSatisfied

To see the full charge records of Saffron Tech Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

Saffron Tech Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier

To see the full MSME payment records of Saffron Tech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Saffron Tech Private Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1

GST

Saffron Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AALCS6454J1ZUDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Saffron Tech Private Limited, buy the company report.

Recent activity

Saffron Tech Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Sudesh Sabharwal ceased to be Additional Director on 09 Dec 2011.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 68.00 Lakh with Charge ID 101151664 was registered on 23 Jul 2025.
AGM
Saffron Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 35.89 Lakh with Charge ID 100930208 was registered on 29 May 2024.
Filing
Saffron Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.00 Lakh with Charge ID 100832906 was registered on 27 Oct 2023.
Charges
A charge registered on 23 Aug 2013 via Charge ID 10444954 with Icici Bank Limited was fully satisfied on 07 Jan 2019.
Charges
A charge with Icici Bank Limited amounted to Rs. 187.00 Lakh with Charge ID 10444954 was registered on 23 Aug 2013.
Ceased
Sudesh Sabharwal ceased to be Additional Director.
Appointed
Gaurav Sabharwal was appointed as Director.
Appointed
Vibhu Satpaul was appointed as Director.
Incorporation
12 Feb 2008
Saffron Tech Private Limited was registered on 12 Feb 2008 with Roc Delhi & aged 18 years 8 months as per MCA records.

Frequently asked questions

Saffron Tech is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 February 2008 (18+ years old) and is registered under CIN U72900DL2008PTC173957.

Saffron Tech has 2 current directors:

The latest financial statements of Saffron Tech 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 2015 are in the company report.

The GSTIN of Saffron Tech is 07AALCS6454J1ZU, registered in Delhi.

The CIN (Corporate Identification Number) of Saffron Tech is U72900DL2008PTC173957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saffron Tech has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.

Saffron Tech was incorporated on 12 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Saffron Tech by revenue are Vectoscalar Technologies Private Limited, Vidhi Techinnovation Opportunities Network Private Limited, Infosec Ventures Private Limited, Afc Digital Private Limited, Slo Technologies Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

Sudesh Sabharwal ceased to be Additional Director on 09 Dec 2011. Gaurav Sabharwal was appointed as Director on 12 Feb 2008. Vibhu Satpaul was appointed as Director on 12 Feb 2008.

Yes, Saffron Tech is registered as an MSME under Udyam registration (number: UDYAM-DL-08-0036644).

Saffron Tech has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 30 May 2019.

Saffron Tech can be reached through the website saffrontech.net. Its registered office is in New Delhi, Delhi, India.