- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0044969

About Save Financial Managements Private Limited
Data last updated:
Save Financial Managements Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Save Solutions Private Limited. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 20 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400DL2014PTC463004. Its GSTIN is 27AAUCS5679J1ZA (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹7.79 Cr. It is led by directors including Ajeet Kumar Singh and Siva Chidambaram Vadivel Alagan.
Its last annual general meeting (AGM) was held on 29 November 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.76 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹76.48 Cr (net margin -226.6%) and EBITDA of -₹52.19 Cr (EBITDA margin -154.6%).
The company has about 1,640 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SAVE Financial Managements and Save Solutions. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹27.07 Cr on record. Court records list 14 cases involving the company, including 14 filed against it; 5 cases are pending. The company has 20 deals on record (13 funding rounds, 4 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹25.9 Cr; the latest was in March 2020. Its 5 peer companies in the BFSI industry (Micro Finance, NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Ecofy Finance Private Limited with revenue of ₹34.91 Cr.
Save Financial Managements Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0044969). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saggraha.com.
Company details
CIN history
Save Financial Managements has one previous CIN (Corporate Identification Number): U72400KA2014PTC074579. The current CIN is U72400DL2014PTC463004, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72400DL2014PTC463004 | Current |
| U72400KA2014PTC074579 | Previous |
Recognitions & Rankings of Save Financial Managements
Contact details
Save Financial Managements Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address#1126 Ground And 1st Floor Obeya, Nest 18th Cross 9th Main Sector – 7, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Microfinance Institutions
- 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
Brands
Save Financial Managements operates two associated brands: SAVE Financial Managements and Save Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rural financial services including microloans and remittances are provided. | saggraha.com | |
| Provider of MSME business loan against property to rural and semi rural communities | saveind.in |
Business activity
The main business activity of Save Financial Managements is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Save Financial Managements Private Limited, buy the company report.
Financials of Save Financial Managements Private Limited
FY 2024 filings availableSave Financial Managements Private Limited reported revenue of ₹33.76 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year. EBITDA fell 120% in the latest 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 | -₹52.19 Cr | ||||
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| Net Profit (PAT) | -₹76.48 Cr | ||||
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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 | -154.6% | ||||
| Net Profit Margin | -226.6% | ||||
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To see the full financial statements and ratios of Save Financial Managements Private Limited, buy the company report.
Board of directors of Save Financial Managements Private Limited
Save Financial Managements has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajeet Kumar Singh Also directs: Matritaw Bhawani Services Private Limited, M.B.S. India Infradevelopers Private Limited, Save Housing Finance Limited and 5 more | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Siva Chidambaram Vadivel Alagan Also directs: Save Housing Finance Limited, Save Microfinance Private Limited, Save Solutions Private Limited and 2 more | Director | 24 Jul 2024 | 2 Years 2 Months | Current |
| Ajay Kumar Sinha Also directs: Matritaw Bhawani Services Private Limited, M.B.S. India Infradevelopers Private Limited, Save Housing Finance Limited and 4 more | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Pankaj Kumar Also directs: Matritaw Bhawani Services Private Limited, M.B.S. India Infradevelopers Private Limited, Save Housing Finance Limited and 4 more | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Save Financial Managements Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Micro Finance, NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ecofy Finance Private Limited | ₹34.91 Cr (FY 2024) | 1009.0% | Mumbai, Maharashtra, India | |||
| B R D Finance Limited | ₹34.38 Cr (FY 2025) | -3.0% | Thrissur, Kerala, India | |||
| Al-Najib Milli Mutual Benefits Nidhi Limited | ₹33.86 Cr (FY 2025) | 10.0% | Najibabad, Uttar Pradesh, India | |||
| Save Financial Managements Private Limitedthis company | ₹33.76 Cr (FY 2025) | -₹76.48 Cr | -226.6% | -42.0% | Bangalore, Karnataka, India | |
| Kaleidofin Capital Private Limited | ₹33.37 Cr (FY 2025) | 37.0% | Chennai, Tamil Nadu, India | |||
| Mohindra Finvest Private Limited | ₹33.02 Cr (FY 2024) | 19.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Save Financial Managements Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2024 | 100898553 | Others | ₹15 Cr | Open | |
| 05 Jun 2023 | 100734654 | Others | ₹3 Cr | Satisfied | |
| 02 Dec 2022 | 100650548 | Others | ₹2.7 Cr | Satisfied | |
| 30 Nov 2022 | 100655800 | Others | ₹3 Cr | Satisfied | |
| 27 Dec 2021 | 100525915 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Save Financial Managements Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Save Financial Managements Private Limited has 20 deals on record (13 funding rounds, 4 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹25.9 Cr; the latest was in March 2020.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2016 | Funding round | ₹1.51 Cr | Investors: 4 individuals |
To see the full deal history of Save Financial Managements Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Save Financial Managements Private Limited has 14 court cases on record: 14 filed against it. 5 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 5 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amravati, Maharashtra | Civil suit | Filed against the company by Idbi Bank Ltd. | Pending |
| District court, Wardha, Maharashtra | Civil suit | Filed against the company by Idbi Bank Ltd Through Its Branch Head, Arvi. | Disposed |
| District court, Amravati, Maharashtra | Civil suit | Filed against the company by I.D.B.I.Bank Ltd. | Disposed |
| District court, Wardha, Maharashtra | Civil suit | Filed against the company by Idbi Bank Ltd | Disposed |
| District court, Wardha, Maharashtra | Civil suit | Filed against the company by Idbi Bank Ltd., A Company Through Branch Head, Arvi | Pending |
To see the full case history of Save Financial Managements 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.
Credit ratings & regulatory alerts
Save Financial Managements Private Limited was last rated by Care on 11 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Nov 2020 |
To see the full credit ratings and regulatory alerts of Save Financial Managements Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Save Financial Managements Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Save Financial Managements has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS5679J1ZA | Maharashtra | Active | 01 Jul 2017 |
| 29AAUCS5679J1Z6 | Karnataka | Active | 01 Jul 2017 |
| 33AAUCS5679J1ZH | Tamil Nadu | Active | 01 Jul 2017 |
| 21AAUCS5679J1ZM | Odisha | Active | 01 Feb 2018 |
To see the full GST registrations and return filing status of Save Financial Managements Private Limited, buy the company report.
Recent activity
Save Financial Managements Private Limited has 15 board changes on record since 2015: 4 appointments and 11 cessations. The latest: Kishorekumar Anjaneyulu Sompalli ceased to be Whole-Time Director on 08 Oct 2024.
44 earlier events are in the company report.
Frequently asked questions
Save Financial Managements is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 20 May 2014 (12+ years old) and is registered under CIN U72400DL2014PTC463004.
Save Financial Managements has 4 current directors:
- Ajeet Kumar Singh - Director
- Siva Chidambaram Vadivel Alagan - Director
- Ajay Kumar Sinha - Director
- Pankaj Kumar - Director
The latest financial statements of Save Financial Managements on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Save Financial Managements is 27AAUCS5679J1ZA, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAUCS5679J1Z6 (Karnataka), 33AAUCS5679J1ZH (Tamil Nadu), 21AAUCS5679J1ZM (Odisha).
The CIN (Corporate Identification Number) of Save Financial Managements is U72400DL2014PTC463004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Save Financial Managements has 14 court cases on record: 14 filed against it. 5 are pending.
Save Financial Managements was incorporated on 20 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Save Financial Managements has 20 deals on record (13 funding rounds, 4 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹25.9 Cr; the latest was in March 2020.
The peers of Save Financial Managements by revenue are Ecofy Finance Private Limited, B R D Finance Limited, Al-Najib Milli Mutual Benefits Nidhi Limited, Kaleidofin Capital Private Limited, Mohindra Finvest Private Limited, all in the BFSI industry (Micro Finance, NBFC), with the same principal business activity (other financial activities).
Kishorekumar Anjaneyulu Sompalli ceased to be Whole-Time Director on 08 Oct 2024. Siva Chidambaram Vadivel Alagan ceased to be Additional Director on 29 Sep 2024. Siva Chidambaram Vadivel Alagan was appointed as Director on 24 Jul 2024. Save Financial Managements has 15 board changes on record in total.
Yes, Save Financial Managements is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0044969).