- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-13-0020730

Sapphire Proventures Private Limited
About Sapphire Proventures Private Limited
Data last updated:
Sapphire Proventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51900KA2000PTC040541. Its GSTIN is 29AAACJ8978P1ZF (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as J B Malls Private Limited. It is led by directors including Jitendra Dayalji Majethia and Kashyap Jitendra Majethia.
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 Plot No.40A Phase 2nd Doddanekundi Industrial Area K R Puram, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.89 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹81.58 Lakh (net margin 11.8%) and EBITDA of ₹5.23 Cr (EBITDA margin 75.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹4.12 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
Sapphire Proventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0020730). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sapphire Proventures has one previous CIN (Corporate Identification Number): U51900MH2000PTC123609. The current CIN is U51900KA2000PTC040541, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900KA2000PTC040541 | Current |
| U51900MH2000PTC123609 | Previous |
Recognitions & Rankings of Sapphire Proventures
Contact details
Sapphire Proventures Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.40A Phase 2nd Doddanekundi Industrial Area K R Puram, Bangalore, Karnataka, India – 560048
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sapphire Proventures 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 activity of Sapphire Proventures is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Sapphire Proventures Private Limited, buy the company report.
Financials of Sapphire Proventures Private Limited
FY 2024 filings availableSapphire Proventures Private Limited reported revenue of ₹6.89 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 3% growth in the latest year. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.23 Cr | ||||
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| Net Profit (PAT) | ₹81.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 75.9% | ||||
| Net Profit Margin | 11.8% | ||||
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To see the full financial statements and ratios of Sapphire Proventures Private Limited, buy the company report.
Board of directors of Sapphire Proventures Private Limited
Sapphire Proventures has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Dayalji Majethia | Director | 12 Jan 2000 | 26 Years 9 Months | Current |
| Kashyap Jitendra Majethia | Director | 19 May 2006 | 20 Years 5 Months | Current |
| Ramila Jitendra Majethia | Director | 19 May 2006 | 20 Years 5 Months | Current |
| Nandini Kashyap Majethia Also directs: Veracity Skyroof Private Limited | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Sapphire Proventures Private Limited is audited by CRS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CRS & ASSOCIATES | FY 2023 | 009676S |
Shareholding
The shareholding of Sapphire Proventures 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sapphire Proventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2023 | 100767325 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 22 Apr 2005 | 90353660 | Corporation Bank | ₹4.12 Cr | Satisfied |
To see the full charge records of Sapphire Proventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sapphire Proventures Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company by M/S. Avigna Amaira Pvt Ltd and 1 other | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S. Avigna Amaira Pvt Ltd and 1 other | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by M/S. Avigna Amaira Pvt Ltd and 1 other | Disposed |
| Madras High Court | Appeal | Filed against the company by an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Sapphire Proventures 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
No delayed payments to MSME suppliers are on our record for Sapphire Proventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sapphire Proventures has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACJ8978P1ZF | Karnataka | Active | 01 Jul 2017 |
| 36AAACJ8978P2ZJ | Telangana | Active | 04 Oct 2018 |
| 33AAACJ8978P1ZQ | Tamil Nadu | Active | 17 Jul 2023 |
To see the full GST registrations and return filing status of Sapphire Proventures Private Limited, buy the company report.
Recent activity
Sapphire Proventures Private Limited has 4 board changes on record since 2000: 4 appointments. The latest: Nandini Kashyap Majethia was appointed as Director on 01 Jul 2022.
Frequently asked questions
Sapphire Proventures is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 January 2000 (26+ years old) and is registered under CIN U51900KA2000PTC040541.
Sapphire Proventures has 4 current directors:
- Jitendra Dayalji Majethia - Director
- Kashyap Jitendra Majethia - Director
- Ramila Jitendra Majethia - Director
- Nandini Kashyap Majethia - Director
The latest financial statements of Sapphire Proventures 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 Sapphire Proventures is 29AAACJ8978P1ZF, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAACJ8978P2ZJ (Telangana), 33AAACJ8978P1ZQ (Tamil Nadu).
The CIN (Corporate Identification Number) of Sapphire Proventures is U51900KA2000PTC040541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sapphire Proventures has 6 court cases on record: 6 filed against it. 1 is pending.
Sapphire Proventures was incorporated on 12 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Nandini Kashyap Majethia was appointed as Director on 01 Jul 2022. Kashyap Jitendra Majethia was appointed as Director on 19 May 2006. Ramila Jitendra Majethia was appointed as Director on 19 May 2006. Sapphire Proventures has 4 board changes on record in total.
Yes, Sapphire Proventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0020730).
The registered office of Sapphire Proventures is at Plot No.40A Phase 2nd Doddanekundi Industrial Area K R Puram, Bangalore, Karnataka, India – 560048.