Savemax Solar Systems Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.32 M
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 0.40 M
- Revenue Growth 48.86%
- Profit Growth 68.38%
- Ebitda -86.55%
- Net Worth 12.06%
- Total Assets -9.38%
About Savemax Solar Systems
Savemax Solar Systems Private Limited (SSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 1998 and has a history of 27 years and two months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.32 M.
The company has closed loans amounting to ₹0.40 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Saurabh Chinchanikar, Aishwarya Chinchanikar, Ramchandra Chinchanikar, and One other member serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40106MH1998PTC114166
- Company No.
114166
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Consumer Electronics & Durables
What products or services does Savemax Solar Systems Private Limited offer?
Savemax Solar Systems Private Limited offers a wide range of products and services, including Industrial Heaters, Heat Pump Water Heater, Solar Water Heater Tubes & Accessories, Flat Plate Solar Collector.
Savemax Solar Systems Private Limited
Explore comprehensive data for Savemax Solar Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Savemax Solar Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramchandra Chinchanikar  | Managing Director | 25-Mar-1998 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saurabh Chinchanikar | Director | 15-Jan-2014 | Current |
| Aishwarya Chinchanikar | Director | 26-May-2015 | Current |
| Kunda Chinchanikar | Director | 25-Mar-1998 | Current |
Financial Performance of Savemax Solar Systems.
Savemax Solar Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.86% increase. The company also saw a substantial improvement in profitability, with a 68.38% increase in profit. The company's net worth Soared by an impressive increase of 12.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Savemax Solar Systems?
In 2023, Savemax Solar Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹0.40 M
Charges Breakdown by Lending Institutions
- The Cosmos Co Operative Bank Limited : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2000 | The Cosmos Co Operative Bank Limited | ₹0.15 M | Satisfied |
| 05 Nov 1998 | The Cosmos Co Operative Bank Limited | ₹0.25 M | Satisfied |
How Many Employees Work at Savemax Solar Systems?
Savemax Solar Systems has a workforce of 29 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Savemax Solar Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Savemax Solar Systems's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Savemax Solar Systems
Recent activity within the organization
- Annual General Meeting
Savemax Solar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Savemax Solar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge registered on 08 Mar 2000 via Charge ID 90091196 with The Cosmos Co Operative Bank Limited was fully satisfied on 18 Nov 2020.
- Charges
A charge registered on 05 Nov 1998 via Charge ID 90090806 with The Cosmos Co Operative Bank Limited was fully satisfied on 18 Nov 2020.
- Director Appointment
Aishwarya Ramchandra Chinchanikar was appointed as a Director was appointed as a Director on 26 May 2015 & has been associated with this company since 10 years 6 days .
- Director Appointment
Saurabh Ramchandra Chinchanikar was appointed as a Director was appointed as a Director on 15 Jan 2014 & has been associated with this company since 11 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Savemax Solar Systems Private Limited?
Savemax Solar Systems Private Limited was incorporated on 25 Mar 1998.
What is authorized share capital and paid-up capital of Savemax Solar Systems Private Limited?
The authorized share capital of Savemax Solar Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.32 M.
Who are the current board members & directors of Savemax Solar Systems Private Limited?
Currently 4 directors are associated with Savemax Solar Systems Private Limited.
- Saurabh Ramchandra Chinchanikar
- Aishwarya Ramchandra Chinchanikar
- Ramchandra Chinchanikar
- Kunda Ramchandra Chinchanikar
What is the registered address of Savemax Solar Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Savemax Solar Systems Private Limited is 96 Jayaprabha Jadhavnagarwadgaon Budruk India, Pune, Maharashtra, 411041.
What is the corporate identification number (CIN) and company number of Savemax Solar Systems Private Limited?
The corporate identification number (CIN) of Savemax Solar Systems Private Limited is U40106MH1998PTC114166 and the company number is 114166 as per Ministry of Corporate Affairs (MCA).
What is the official website of Savemax Solar Systems Private Limited?
The Official website of Savemax Solar Systems Private Limited is https://www.savemaxsolar.com
What has been the recent revenue trend for Savemax Solar Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Savemax Solar Systems Private Limited has risen by 48.86%.
How many employees does Savemax Solar Systems Private Limited currently have?
As Per 2023 financial reports, 29 employees are currently employed by Savemax Solar Systems Private Limited.
What change has been observed in the net worth of Savemax Solar Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Savemax Solar Systems Private Limited has experienced an upsurge of 12.06%.
When was the last Balance Sheet of Savemax Solar Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Savemax Solar Systems Private Limited was filed with the ROC on 31 Mar 2024.
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