Saffron Technosolutions Private Limited
About Saffron Technosolutions Private Limited
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Saffron Technosolutions Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 20 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2014PTC078836. Its GSTIN is 24AAUCS2658F1Z0 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Keyur Karsanbhai Patel and Jayraj Kiritkumar Rana.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 415 – Soham Arcade Near Madhav Atriya, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2021, the company reported a revenue of ₹30.03 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹14.47 Lakh (net margin 0.5%) and EBITDA of ₹23.2 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 483% over three years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address415 – Soham Arcade Near Madhav Atriya, Surat, Gujarat, India – 395007
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Saffron Technosolutions Private Limited
The main business activity of Saffron Technosolutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saffron Technosolutions Private Limited FY 2021 filings available
Saffron Technosolutions Private Limited reported revenue of ₹30.03 Cr (up 70% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Saffron Technosolutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 483% over three years, including 70% growth in the latest year. EBITDA fell 28% 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 of Saffron Technosolutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹23.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.47 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 of Saffron Technosolutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saffron Technosolutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saffron Technosolutions Private Limited
Saffron Technosolutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unisys Softwares and Holding Industries Limited Listed | •••• | •••• | •••• | •••• | 11 | Kolkata, West Bengal, India |
| Idealsite Technologies(Nt) Private Limited | •••• | •••• | •••• | •••• | - | Chennai 600 042., Tamil Nadu, India |
| Patra Power Solutions Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Crux Computronix Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Shah Audio Info Tech Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Saffron Technosolutions Private Limited this company | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Pioneer Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Incadea India Private Limited | •••• | •••• | •••• | •••• | 119 | Bangalore, Karnataka, India |
| Vaks Infotech Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| A.C.Security Products Private Limited | •••• | •••• | •••• | •••• | - | Aligarh, Uttar Pradesh, India |
| R S Marketing and Logistics Private Limited | •••• | •••• | •••• | •••• | 14 | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Saffron Technosolutions by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Saffron Technosolutions Private Limited
Saffron Technosolutions Private Limited is audited by T DHOLAKIYA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T DHOLAKIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saffron Technosolutions Private Limited
Saffron Technosolutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keyur Karsanbhai Patel | Director | 08 Jul 2021 | 5 Years 3 Months | Current |
| Jayraj Kiritkumar Rana | Additional Director | 11 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Saffron Technosolutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saffron Technosolutions Private Limited
Saffron Technosolutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Saffron Technosolutions Private Limited
Saffron Technosolutions Private Limited has 3 court cases on record: 1 filed by Saffron Technosolutions, 2 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Icici Bank Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (ARP) | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Saffron Technosolutions Private Limited
Employment history and EPFO contributions of people linked to Saffron Technosolutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saffron Technosolutions Private Limited
Saffron Technosolutions Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Divyeshkumar Jashvantbhai Solanki ceased to be Additional Director on 08 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Saffron Technosolutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saffron Technosolutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saffron Technosolutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saffron Technosolutions Private Limited
Saffron Technosolutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCS2658F1Z0 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saffron Technosolutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saffron Technosolutions Private Limited
Saffron Technosolutions is an active private limited company based in Surat, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 20 February 2014 (12+ years old) and is registered under CIN U72200GJ2014PTC078836.
Saffron Technosolutions reported revenue of ₹30.03 Cr for FY 2021 (up 70% YoY).
Saffron Technosolutions has 2 current directors:
- Keyur Karsanbhai Patel - Director
- Jayraj Kiritkumar Rana - Additional Director
Saffron Technosolutions reported a net profit of ₹14.47 Lakh (net margin 0.5%) and EBITDA of ₹23.2 Lakh (EBITDA margin 0.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saffron Technosolutions is 483% over three years. In the latest year (FY 2021) revenue rose 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saffron Technosolutions is 24AAUCS2658F1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Saffron Technosolutions is U72200GJ2014PTC078836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Technosolutions has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Saffron Technosolutions was incorporated on 20 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Saffron Technosolutions by revenue are Unisys Softwares and Holding Industries Limited, Idealsite Technologies(Nt) Private Limited, Patra Power Solutions Private Limited, Crux Computronix Private Limited, Shah Audio Info Tech Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Divyeshkumar Jashvantbhai Solanki ceased to be Additional Director on 08 Jul 2021. Keyur Karsanbhai Patel was appointed as Director on 08 Jul 2021. Jaysukhlal Naranbhai Gohel ceased to be Director on 15 May 2019. Saffron Technosolutions has 7 board changes on record in total.