About Savera Digital India Private Limited
Data last updated:
Savera Digital India Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 07 September 1995.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51900WB1995PTC074040. Its GSTIN is 10AAGCS2217N1ZJ (Bihar). The company holds 10 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹36.68 Lakh. It was formerly known as Savera Marketing Agency Pvt Ltd. It is led by directors including Gopal Pansari and Santanu Chakraborty.
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 40A Chittaranjan Avenue, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.78 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹4.32 Cr and EBITDA of ₹49,394 (EBITDA margin 17.8%). Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 83% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.77 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 196 cases involving the company, including 177 filed by the company and 19 filed against it; 55 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.29 Cr; the latest was in March 2016.
The last known website on record is savera.co.in.
Company details
CIN history
Savera Digital India has one previous CIN (Corporate Identification Number): U51109WB1995PTC074040. The current CIN is U51900WB1995PTC074040, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900WB1995PTC074040 | Current |
| U51109WB1995PTC074040 | Previous |
Contact details
Savera Digital India Private Limited's registered office is in Kolkata, West Bengal. Its website is savera.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address40A Chittaranjan Avenue, Kolkata, West Bengal, India – 700012
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Savera Digital India 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
Financials of Savera Digital India Private Limited
FY 2023 filings availableSavera Digital India Private Limited reported revenue of ₹2.78 Lakh (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over five years. EBITDA rose 100% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.78 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49,394 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.32 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Savera Digital India Private Limited, buy the company report.
Board of directors of Savera Digital India Private Limited
Savera Digital India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Pansari | Director | 01 Jun 2001 | 25 Years 4 Months | As last reported |
| Santanu Chakraborty | Director | 07 Sep 2022 | 4 Years 1 Months | As last reported |
| Rachna Jhunjhunwala Also directs: Egress Insolvency Professionals LLP | Irp/Rp/Liquidator | 16 Mar 2024 | 2 Years 7 Months | As last reported |
Auditor
Savera Digital India Private Limited is audited by K K PODDAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K PODDAR & ASSOCIATES | FY 2023 | 314258E |
Shareholding
The shareholding of Savera Digital India Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Savera Digital India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2009 | 10198196 | Hdfc Bank Limited | ₹23.77 Cr | Open | |
| 29 Jul 2008 | 10113741 | Standard Chartered Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Savera Digital India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Savera Digital India Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.29 Cr; the latest was in March 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹1.01 Cr | Investors: 4 individuals |
| Mar 2015 | Funding round | ₹1.69 Cr | Investors: Gopal Pansari HUF, Vijay Kumar Pansari HUF, an individual |
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: Savera Niketan Private Limited , Anil Pansari HUF, an individual Seller: Rashi Peripherals Limited , Lifestyle Technologies Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hungerford Constructions Pvt.Ltd. , Krishna Apartments Private Limited, Atreyi Vincom Pvt Ltd |
| Mar 2007 | Funding round | ₹13.5 Lakh | Investors: Hungerford Constructions Pvt.Ltd. , Krishna Apartments Private Limited, Tapan Trading Private Limited |
To see the full deal history of Savera Digital India 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
Savera Digital India Private Limited has 196 court cases on record: 177 filed by Savera Digital India, 19 filed against it. 55 cases are pending and 141 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 191 | 15 | 54 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 196)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by HDFC Bank Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by D-Link (India) Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Supertron Electronics Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Kabir Infosolution India Pvt. Ltd. and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by D-Link (India) Limited | Disposed |
To see the full case history of Savera Digital India 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 Savera Digital India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Savera Digital India Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Savera Digital India has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAGCS2217N1ZJ | Bihar | Active | 01 Jul 2017 |
| 27AAGCS2217N1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Savera Digital India Private Limited, buy the company report.
Recent activity
Savera Digital India Private Limited has 7 board changes on record since 2001: 3 appointments and 4 cessations. The latest: Rachna Jhunjhunwala was appointed as Irp/Rp/Liquidator on 16 Mar 2024.
3 earlier events are in the company report.
Frequently asked questions
Savera Digital India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Savera Digital India is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 07 September 1995 and is registered under CIN U51900WB1995PTC074040. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Savera Digital India has 3 current directors:
- Gopal Pansari - Director
- Santanu Chakraborty - Director
- Rachna Jhunjhunwala - Irp/Rp/Liquidator
The latest financial statements of Savera Digital India 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.
The CIN (Corporate Identification Number) of Savera Digital India is U51900WB1995PTC074040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savera Digital India has open charges of ₹23.77 Cr and satisfied charges of ₹1.5 Cr as per latest MCA filings.
Savera Digital India has 196 court cases on record: 177 filed by the company and 19 filed against it. 55 are pending. Most are in the district courts.
Savera Digital India was incorporated on 07 September 1995. It is registered with the Registrar of Companies, Kolkata.
Savera Digital India has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.29 Cr; the latest was in March 2016.
Rachna Jhunjhunwala was appointed as Irp/Rp/Liquidator on 16 Mar 2024. Shahid Khan ceased to be Director on 08 Sep 2022. Santanu Chakraborty was appointed as Director on 07 Sep 2022. Savera Digital India has 7 board changes on record in total.