About Savan Green Energy Solutions Limited
Data last updated:
Savan Green Energy Solutions Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 02 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74995TG2018PLC123477. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors including Venkata Narasimha Rao Chalasani and Shailaja Golechha.
Its last annual general meeting (AGM) was held on 30 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Savan Electronics Plot No 2 Block No 2 Ida Phase – V Cherlapally, Hyderabad, Telangana, India – 500062.
As per the financials filed for FY 2019, the company reported a revenue of ₹52.25 Cr. For the same year it recorded a net profit of ₹43.91 Lakh (net margin 0.8%) and EBITDA of ₹2.6 Cr (EBITDA margin 5%).
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11 Cr on record. Court records list 16 cases involving the company, including 16 filed against it; 5 cases are pending.
For more details, the company can be reached via its website savangreenenergy.com.
Company details
Contact details
Savan Green Energy Solutions Limited's registered office is in Hyderabad, Telangana. Its website is savangreenenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSavan Electronics Plot No 2 Block No 2 Ida Phase – V Cherlapally, Hyderabad, Telangana, India – 500062
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Savan Green Energy Solutions 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 Savan Green Energy Solutions is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Savan Green Energy Solutions Limited, buy the company report.
Financials of Savan Green Energy Solutions Limited
FY 2019 filings availableSavan Green Energy Solutions Limited reported revenue of ₹52.25 Cr for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹52.25 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.6 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹43.91 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
| Metrics | FY 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | 5% |
| Net Profit Margin | 0.8% |
| 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 Green Energy Solutions Limited, buy the company report.
Board of directors of Savan Green Energy Solutions Limited
Savan Green Energy Solutions has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Narasimha Rao Chalasani Also directs: Akshra Techno Services Private Limited, Savan Green Pharma Private Limited, Savan Green Infra Private Limited and 2 more | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
| Shailaja Golechha Also directs: Savan Green Pharma Private Limited, Savan Green Infra Private Limited, Savan Green Holdings Private Limited and 2 more | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Sailaja Chalasani Also directs: Akshra Techno Services Private Limited | Additional Director | 09 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Savan Green Energy Solutions Limited is audited by C M T & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M T & Associates | FY 2019 | 011515S |
Shareholding
The shareholding of Savan Green Energy Solutions Limited is on record for FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Savan Green Energy Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2020 | 100335553 | Others | ₹11 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Savan Green Energy Solutions Limited has 16 court cases on record: 16 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 3 |
| High courts | 6 | 6 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Mafatlal Industries Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Mafatlal Industries Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Mafatlal Industries Ltd Th.Mr.M.B.Raghunath | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Mafatlal Industries Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Mafatlal Industries Ltd. | Disposed |
To see the full case history of Savan Green Energy Solutions 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.
Credit ratings & regulatory alerts
Savan Green Energy Solutions Limited was last rated by Crisil on 25 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Feb 2020 |
To see the full credit ratings and regulatory alerts of Savan Green Energy Solutions Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Savan Green Energy Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Savan Green Energy Solutions Limited has a workforce of 14 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Savan Green Energy Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Savan Green Energy Solutions Limited, buy the company report.
Recent activity
Savan Green Energy Solutions Limited has 14 board changes on record since 2018: 3 appointments and 11 cessations. The latest: Rajkumar Yadav Ittaboiena ceased to be Additional Director on 09 Jul 2020.
6 earlier events are in the company report.
Frequently asked questions
Savan Green Energy Solutions is an active public limited company based in Hyderabad, Telangana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 02 April 2018 (8+ years old) and is registered under CIN U74995TG2018PLC123477.
Savan Green Energy Solutions has 3 current directors:
- Venkata Narasimha Rao Chalasani - Director
- Shailaja Golechha - Director
- Sailaja Chalasani - Additional Director
The latest financial statements of Savan Green Energy Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 December 2019. Year-wise statements from FY 2019 are in the company report.
No. Savan Green Energy Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Savan Green Energy Solutions is U74995TG2018PLC123477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savan Green Energy Solutions has 16 court cases on record: 16 filed against it. 5 are pending. Most are in the district courts.
Savan Green Energy Solutions was incorporated on 02 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Rajkumar Yadav Ittaboiena ceased to be Additional Director on 09 Jul 2020. Sailaja Chalasani was appointed as Additional Director on 09 Jul 2020. Srinivasa Rao Namepalli ceased to be Additional Director on 22 Jun 2020. Savan Green Energy Solutions has 14 board changes on record in total.
Savan Green Energy Solutions can be reached through the website savangreenenergy.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Savan Green Energy Solutions is at Savan Electronics Plot No 2 Block No 2 Ida Phase – V Cherlapally, Hyderabad, Telangana, India – 500062.
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