Saffron Tradex Private Limited
About Saffron Tradex Private Limited
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Saffron Tradex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2012PTC068817. Its GSTIN is 24AAQCS9939K1ZF (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Navin Ashokkumar Vaswani and Hitesh Ashokkumar Vaswani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.67 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹1.3 Cr (net margin -453.4%) and EBITDA of ₹5,353 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saffron Tradex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 202 & 203 2nd Floor Venus Amadeus F.P.161 T.P. No – 5 Jodhpur Cross Road, Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Saffron Tradex Private 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 activities of Saffron Tradex are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Saffron Tradex Private Limited, buy the company report.
Financials of Saffron Tradex Private Limited
FY 2024 filings availableSaffron Tradex Private Limited reported revenue of ₹28.67 Lakh (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 81% fall in the latest year. EBITDA rose 100% 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 |
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| EBITDA | ₹5,353 | ||||
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| Net Profit (PAT) | -₹1.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -453.4% | ||||
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To see the full financial statements and ratios of Saffron Tradex Private Limited, buy the company report.
Board of directors of Saffron Tradex Private Limited
Saffron Tradex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Ashokkumar Vaswani Also directs: Midsaff Fashion Brands LLP, Saffron Lifestyle Traders Private Limited, Na Infraspace LLP and 1 more | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Hitesh Ashokkumar Vaswani | Director | 01 Feb 2012 | 14 Years 9 Months | Current |
Auditor
Saffron Tradex Private Limited is audited by V V GOVANI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V V GOVANI & CO | FY 2022 | 103350W |
Shareholding
The shareholding of Saffron Tradex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saffron Tradex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saffron Tradex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saffron Tradex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saffron Tradex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCS9939K1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saffron Tradex Private Limited, buy the company report.
Recent activity
Saffron Tradex Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Harsha Deepakkumar Vaswani ceased to be Director on 18 Mar 2020.
Frequently asked questions
Saffron Tradex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 February 2012 (14+ years old) and is registered under CIN U52100GJ2012PTC068817.
Saffron Tradex has 2 current directors:
- Navin Ashokkumar Vaswani - Director
- Hitesh Ashokkumar Vaswani - Director
The latest financial statements of Saffron Tradex on record with the MCA are for the year ended 31 March 2024. 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 Tradex is 24AAQCS9939K1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Saffron Tradex is U52100GJ2012PTC068817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Tradex was incorporated on 01 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harsha Deepakkumar Vaswani ceased to be Director on 18 Mar 2020. Hitesh Ashokkumar Vaswani was appointed as Director on 01 Feb 2012. Navin Ashokkumar Vaswani was appointed as Director on 01 Feb 2012.
The registered office of Saffron Tradex is at Shop No. 202 & 203 2nd Floor Venus Amadeus F.P.161 T.P. No – 5 Jodhpur Cross Road, Satellite, Ahmedabad, Gujarat, India – 380015.
Saffron Tradex operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Saffron Tradex is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
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