MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-GJ-01-0034434
Savan Engineering (India) Private Limited
Savan Engineering (India) Private Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹14.32 Cr
▼ 55% YoY
Net loss · FY 2020
₹8.47 Cr
Net margin -59.2%
EBITDA · FY 2020
-₹5.23 Cr
EBITDA margin -36.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.34 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
7
Provident fund records
About Savan Engineering (India) Private Limited
Data last updated:
Savan Engineering (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 30 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC091747. Its GSTIN is 29AAXCS0035M1ZP (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ankur Bharatbhai Bhadani and Khodidas Nanubhai Bhesaniya.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.32 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹8.47 Cr (net margin -59.2%) and EBITDA of -₹5.23 Cr (EBITDA margin -36.5%). Revenue has grown at a compounded annual rate (CAGR) of 161% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.34 Cr on record. Court records list 18 cases involving the company, including 18 filed against it; 2 cases are pending.
Savan Engineering (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034434). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999GJ2016PTC091747
Registration Number 091747
Incorporation Date 30 April 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0034434
Recognitions & Rankings of Savan Engineering (India)
Contact details
Savan Engineering (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 5th Floor Swashthy Business Opp. 220 K.V. Torrent Power Taluka – Dask, Roi, Ahmedabad, Gujarat, India – 382350
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Savan Engineering (India) Private Limited, buy the company report.
Comprehensive company report
Savan Engineering (India) 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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Secure checkout · GST invoice included
Business activity
The main business activity of Savan Engineering (India) is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Savan Engineering (India) Private Limited, buy the company report.
Financials of Savan Engineering (India) Private Limited
FY 2019 filings availableSavan Engineering (India) Private Limited reported revenue of ₹14.32 Cr (down 55% YoY) for FY 2020.
Revenue · FY 2020
₹14.32 Cr ▼ 55%
Net loss · FY 2020
₹8.47 Cr margin -59.2%
EBITDA · FY 2020
-₹5.23 Cr margin -36.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 161%
Revenue fell 55% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 161%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹14.32 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹5.23 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.47 Cr | |||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -36.5% | |||
| Net Profit Margin | -59.2% | |||
| 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 Savan Engineering (India) Private Limited, buy the company report.
Board of directors of Savan Engineering (India) Private Limited
Savan Engineering (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Bharatbhai Bhadani | Director | 30 Apr 2016 | 10 Years 6 Months | Current |
| Khodidas Nanubhai Bhesaniya | Director | 30 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Savan Engineering (India) Private Limited is audited by PRAVIN VORA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVIN VORA & ASSOCIATES | FY 2019 | 139599W |
Shareholding
The shareholding of Savan Engineering (India) Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Savan Engineering (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.34 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2019 | 100313501 | Others | ₹49 Lakh | Open | |
| 19 Oct 2018 | 100215385 | Axis Bank Limited | ₹80 Lakh | Open | |
| 08 Oct 2018 | 100209476 | Others | ₹1.05 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Savan Engineering (India) Private Limited has 18 court cases on record: 18 filed against it. 2 cases are pending and 16 are disposed.
Total cases
18
Filed against the company
18
Pending
2
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 2 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company by Sun Automat Controls Pvt Ltd Through Its Authorized Signatory Vikas R. Pandya | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company by Sun Automat Controls Pvt Ltd Through Its Authorized Signatory Vikas R. Pandya | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd. | Disposed |
| High Court of Gujarat | Court case (CR.MA) | Filed against the company by M/S Sun Automat Controls Private Limited Thro Vikas R. Pandya | Disposed |
| High Court of Gujarat | Court case (CR.A) | Filed against the company by M/S Sun Automat Controls Private Limited Thro Vikas R. Pandya | Disposed |
To see the full case history of Savan Engineering (India) 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 Savan Engineering (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Savan Engineering (India) Private Limited has a workforce of 7 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
GST
Savan Engineering (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS0035M1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Savan Engineering (India) Private Limited, buy the company report.
Recent activity
Savan Engineering (India) Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Bhavin Vinubhai Devani ceased to be Director on 30 Nov 2021.
Ceased
Bhavin Vinubhai Devani ceased to be Director.
Ceased
Ankitkumar Jayantibhai Savsaviya ceased to be Director.
Ceased
Ronak Mansukhbhai Dhorajiya ceased to be Director.
Charges
A charge with Others amounted to Rs. 49.00 Lakh with Charge ID 100313501 was registered on 18 Dec 2019.
AGM
Savan Engineering (India) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Savan Engineering (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 80.00 Lakh with Charge ID 100215385 was registered on 19 Oct 2018.
Charges
A charge with Others amounted to Rs. 105.00 Lakh with Charge ID 100209476 was registered on 08 Oct 2018.
Ceased
Amit Dhorajia Mansukhbhai ceased to be Director.
Ceased
Rajeshbhai Khimjibhai Sevara ceased to be Director.
Ceased
Rupesh Vashrambhai Shiyani ceased to be Director.
Ceased
Nilesh Bhagwanbhai Rangani ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Savan Engineering (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 30 April 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC091747.
Savan Engineering (India) has 2 current directors:
- Ankur Bharatbhai Bhadani - Director
- Khodidas Nanubhai Bhesaniya - Director
The latest financial statements of Savan Engineering (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Savan Engineering (India) is 29AAXCS0035M1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Savan Engineering (India) is U74999GJ2016PTC091747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savan Engineering (India) has 18 court cases on record: 18 filed against it. 2 are pending. Most are in the district courts.
Savan Engineering (India) was incorporated on 30 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhavin Vinubhai Devani ceased to be Director on 30 Nov 2021. Ankitkumar Jayantibhai Savsaviya ceased to be Director on 31 Jan 2020. Ronak Mansukhbhai Dhorajiya ceased to be Director on 31 Jan 2020. Savan Engineering (India) has 9 board changes on record in total.
Yes, Savan Engineering (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0034434).
The registered office of Savan Engineering (India) is at 501 5th Floor Swashthy Business Opp. 220 K.V. Torrent Power Taluka – Dask, Roi, Ahmedabad, Gujarat, India – 382350.
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