Savasthi Investments Limited
About Savasthi Investments Limited
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Savasthi Investments Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 09 June 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1988PLC047652. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30.14 Lakh. It is led by directors including Surendra Mehta and Preeti Aggarwala.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Unit No.205 2nd Floor Link Way Est Link Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.29 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹98.06 Lakh (net margin 75.9%) and EBITDA of ₹1.28 Cr (EBITDA margin 98.8%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 41 cases involving the company, including 5 filed by the company and 36 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Savasthi Investments Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No.205 2nd Floor Link Way Est Link Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Savasthi Investments 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 Savasthi Investments is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Savasthi Investments Limited, buy the company report.
Financials of Savasthi Investments Limited
FY 2023 filings availableSavasthi Investments Limited reported revenue of ₹1.29 Cr (up 137% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 137% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 65%. EBITDA rose 766% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.28 Cr | ||||
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| Net Profit (PAT) | ₹98.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 98.8% | ||||
| Net Profit Margin | 75.9% | ||||
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To see the full financial statements and ratios of Savasthi Investments Limited, buy the company report.
Board of directors of Savasthi Investments Limited
Savasthi Investments has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Mehta Also directs: East India Portfolios Limited, Brisk Capital Market Services Limited, N and N Holdings Private Limited and 4 more | Director | 07 Mar 2015 | 11 Years 8 Months | Current |
| Naresh Kumar Aggarwal | Additional Director | 19 Oct 2018 | 8 Years 0 Months | Current |
| Preeti Aggarwala | Director | 15 Jul 1988 | 38 Years 3 Months | Current |
Auditor
Savasthi Investments Limited is audited by R S SALUJA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S SALUJA & ASSOCIATES | FY 2021 | 007981N |
Shareholding
The shareholding of Savasthi Investments Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Savasthi Investments Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2015 | 10563039 | Citicorp Finance (India) Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Savasthi Investments Limited has 41 court cases on record: 5 filed by Savasthi Investments, 36 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 40 | 36 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Nabha Holding Pvt Ltd | Disposed |
| Bombay High Court | Court case (SPMA) | Filed against the company | Disposed |
| Bombay High Court | Court case (SPSN) | Filed against the company | Disposed |
| Bombay High Court | Court case (SPMA) | Filed by the company against The Custodian | Disposed |
| Bombay High Court | Court case (SPMA) | Filed against the company by The Custodian | Disposed |
To see the full case history of Savasthi Investments 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 Savasthi Investments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Savasthi Investments 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 Savasthi Investments Limited, buy the company report.
Recent activity
Savasthi Investments Limited has 6 board changes on record since 1988: 3 appointments and 3 cessations. The latest: Neeraj Aggarwala ceased to be Additional Director on 03 Oct 2019.
Frequently asked questions
Savasthi Investments is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 09 June 1988 (38+ years old) and is registered under CIN U67120MH1988PLC047652.
Savasthi Investments has 3 current directors:
- Surendra Mehta - Director
- Naresh Kumar Aggarwal - Additional Director
- Preeti Aggarwala - Director
The latest financial statements of Savasthi Investments on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Savasthi Investments has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Savasthi Investments is U67120MH1988PLC047652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savasthi Investments has 41 court cases on record: 5 filed by the company and 36 filed against it. Most are in the high courts.
Savasthi Investments was incorporated on 09 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Neeraj Aggarwala ceased to be Additional Director on 03 Oct 2019. Naresh Kumar Aggarwal was appointed as Additional Director on 19 Oct 2018. Naresh Kumar Aggarwal ceased to be Director on 28 Aug 2018. Savasthi Investments has 6 board changes on record in total.
The registered office of Savasthi Investments is at Unit No.205 2nd Floor Link Way Est Link Road Malad West, Mumbai, Maharashtra, India – 400064.
Savasthi Investments operates in the financial services industry, in the brokerage and trading services segment.
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