- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0034141

About Saveo Healthtech Private Limited
Data last updated:
Saveo Healthtech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 29 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51100KA2019PTC124780. Its GSTIN is 29ABCCS1391Q1ZN (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50.22 Lakh and a paid-up capital of ₹13.68 Lakh. It was formerly known as Saveo Technologies Private Limited and Balaji Technologies Saveo Private Limited. It is led by directors including Vivek Jaiswal and Shivansh Shrivastava.
Its last annual general meeting (AGM) was held on 15 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New 79/2 New Timber Yard Layout, Bangalore, Karnataka, India – 560026.
As per the financials filed for FY 2024, the company reported a revenue of ₹196.76 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹38.48 Cr (net margin -19.6%) and EBITDA of -₹31.18 Cr (EBITDA margin -15.8%). Revenue has grown at a compounded annual rate (CAGR) of 189% over three years.
The company has about 218 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saveo. As per MCA filings, the company has open charges of ₹40.05 Cr and satisfied charges of ₹27 Cr on record. Court records list 159 cases involving the company, including 151 filed by the company and 8 filed against it; 63 cases are pending. The company has 15 deals on record (7 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹156.22 Cr; the latest was in March 2026. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Charming Townships and Traders Private Limited with revenue of ₹197.2 Cr.
Saveo Healthtech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0034141). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saveo.in.
Company details
Name history
Saveo Healthtech has undergone 2 name changes throughout its history. The company was previously known as Saveo Technologies Private Limited, and Balaji Technologies Saveo Private Limited. The current legal name is Saveo Healthtech Private Limited.
| Company Name | Status |
|---|---|
| Saveo Healthtech Private Limited | Current |
| Saveo Technologies Private Limited | Previous |
| Balaji Technologies Saveo Private Limited | Previous |
CIN history
Saveo Healthtech has one previous CIN (Corporate Identification Number): U74999KA2019PTC124780. The current CIN is U51100KA2019PTC124780, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100KA2019PTC124780 | Current |
| U74999KA2019PTC124780 | Previous |
Recognitions & Rankings of Saveo Healthtech
Contact details
Saveo Healthtech Private Limited's registered office is in Bangalore, Karnataka. Its website is saveo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNew 79/2 New Timber Yard Layout, Bangalore, Karnataka, India – 560026
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Saveo Healthtech Private 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 Saveo Healthtech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Saveo Healthtech Private Limited, buy the company report.
Financials of Saveo Healthtech Private Limited
FY 2025 filings availableSaveo Healthtech Private Limited reported revenue of ₹196.76 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 189% over three years, including 17% growth in the latest year. EBITDA rose 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹31.18 Cr | ||||
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| Net Profit (PAT) | -₹38.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.8% | ||||
| Net Profit Margin | -19.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Saveo Healthtech Private Limited, buy the company report.
Board of directors of Saveo Healthtech Private Limited
Saveo Healthtech has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Jaiswal | Director | 29 May 2019 | 7 Years 5 Months | Current |
| Shivansh Shrivastava Also directs: Tranzeneca and Havok Gaming Cafe Private Limited | Director | 29 May 2019 | 7 Years 5 Months | Current |
| Amit Kumar | Director | 18 Aug 2020 | 6 Years 2 Months | Current |
| Sanjeev Agarwal | Director | 07 Jul 2025 | 1 Years 4 Months | Current |
| Alka Goel | Nominee Director | 10 Nov 2023 | 3 Years 0 Months | Current |
Peer comparison
Saveo Healthtech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Charming Townships and Traders Private Limited | ₹197.2 Cr (FY 2025) | 867.0% | Coimbatore, Tamil Nadu, India | |||
| Silania Associates Packaging Private Limited | ₹197.2 Cr (FY 2025) | -10.0% | Delhi, India | |||
| Shiraishi Calcium (India) Private Limited | ₹197.19 Cr (FY 2025) | -6.0% | Gurugram, Haryana, India | |||
| Neeraj Paper Marketing Limited | ₹196.9 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Surana Motors Private Limited | ₹196.85 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Saveo Healthtech Private Limitedthis company | ₹196.76 Cr (FY 2024) | -₹38.48 Cr | -19.6% | 17.0% | 218 | Bangalore, Karnataka, India |
| Chubb Systems Private Limited | ₹196.58 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Select World Tours (India) Private Limited | ₹196.4 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| F-365 Agro Limited | ₹196.37 Cr (FY 2025) | 93.0% | Thane, Maharashtra, India | |||
| Chikamagalur Coffee Agencies Private Limited | ₹196.35 Cr (FY 2025) | 220.0% | Chikmagalur, Karnataka, India | |||
| Jr Seamless Private Limited | ₹196.3 Cr (FY 2024) | 3.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Saveo Healthtech Private Limited, buy the company report.
Auditor
Saveo Healthtech Private Limited is audited by SHAH SURENDRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SURENDRA & ASSOCIATES | FY 2023 | 004666C |
Shareholding
The shareholding of Saveo Healthtech Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Saveo Healthtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2025 | 101066142 | Others | ₹4 Cr | Open | |
| 21 Feb 2025 | 101049515 | Sidbi | ₹8 Cr | Open | |
| 31 Jan 2025 | 101048874 | Standard Chartered Bank | ₹1.05 Cr | Open | |
| 26 Nov 2024 | 101020595 | Others | ₹2 Cr | Open | |
| 20 Apr 2024 | 100921296 | Others | ₹5 Cr | Open |
To see the full charge records of Saveo Healthtech Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Saveo Healthtech Private Limited has 15 deals on record (7 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹156.22 Cr; the latest was in March 2026.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Acquisition | Undisclosed | Buyer: Curebay Pharmacy Private Limited |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: 4point0 Health Ventures Seller: 4 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: LC Nueva Investment Partners Seller: Lighthouse Canton |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
To see the full deal history of Saveo Healthtech 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
Saveo Healthtech Private Limited has 159 court cases on record: 151 filed by Saveo Healthtech, 8 filed against it. 63 cases are pending and 96 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 158 | 7 | 62 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 159)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Dr Morepen Limited | Pending |
| District court, Panipat, Haryana | Cheque dishonour complaint | Filed against the company by Laborate Pharmaceuticals India Ltd | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by KBS Corporates Pvt Ltd Sasta Arogya | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Mahaveer Medisales Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Adwitha Global Health Care Pvt Ltd., | Pending |
To see the full case history of Saveo Healthtech 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 Saveo Healthtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saveo Healthtech Private Limited has a workforce of 218 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Saveo Healthtech has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS1391Q1ZN | Karnataka | Active | 10 Jul 2019 |
| 36ABCCS1391Q1ZS | Telangana | Active | 10 Dec 2021 |
| 33ABCCS1391Q1ZY | Tamil Nadu | Active | 11 Feb 2022 |
To see the full GST registrations and return filing status of Saveo Healthtech Private Limited, buy the company report.
Recent activity
Saveo Healthtech Private Limited has 11 board changes on record since 2019: 8 appointments and 3 cessations. The latest: Sanjeev Agarwal was appointed as Director on 07 Jul 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Saveo Healthtech is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 29 May 2019 (7+ years old) and is registered under CIN U51100KA2019PTC124780.
Saveo Healthtech has 5 current directors:
- Vivek Jaiswal - Director
- Shivansh Shrivastava - Director
- Amit Kumar - Director
- Sanjeev Agarwal - Director
- Alka Goel - Nominee Director
The latest financial statements of Saveo Healthtech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 November 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Saveo Healthtech is 29ABCCS1391Q1ZN, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36ABCCS1391Q1ZS (Telangana), 33ABCCS1391Q1ZY (Tamil Nadu).
The CIN (Corporate Identification Number) of Saveo Healthtech is U51100KA2019PTC124780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saveo Healthtech has 159 court cases on record: 151 filed by the company and 8 filed against it. 63 are pending. Most are in the district courts.
Saveo Healthtech was incorporated on 29 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Saveo Healthtech has 15 deals on record (7 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹156.22 Cr; the latest was in March 2026.
The peers of Saveo Healthtech by revenue are Charming Townships and Traders Private Limited, Silania Associates Packaging Private Limited, Shiraishi Calcium (India) Private Limited, Neeraj Paper Marketing Limited, Surana Motors Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sanjeev Agarwal was appointed as Director on 07 Jul 2025. Anurag Savarnya ceased to be Director on 30 Sep 2024. Alka Goel was appointed as Nominee Director on 10 Nov 2023. Saveo Healthtech has 11 board changes on record in total.
Yes, Saveo Healthtech is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0034141).

