Savera Gems Private Limited
About Savera Gems Private Limited
Data last updated:
Savera Gems Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 18 February 2015.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2015PTC082315. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Amitbhai Bhikhabhai Patel and Laxmanbhai Popatbhai Vaghasiya.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Syno.42/1 – 2 Plot – 43 Basement B/H.Sahjana Complex Varachha Road Hira Baug, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.45 Lakh. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 76.7%) and EBITDA of ₹1.12 Lakh (EBITDA margin 77.1%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years.
The company had about 19 employees on its provident fund (EPFO) records before it was struck off.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Savera Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSyno.42/1 – 2 Plot – 43 Basement B/H.Sahjana Complex Varachha Road Hira Baug, Surat, Gujarat, India – 395006
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Savera Gems 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 Savera Gems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Savera Gems Private Limited, buy the company report.
Financials of Savera Gems Private Limited
FY 2020 filings availableSavera Gems Private Limited reported revenue of ₹1.45 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over three years. EBITDA rose 457% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹1.12 Lakh | ||||
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| Net Profit (PAT) | ₹1.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 77.1% | ||||
| Net Profit Margin | 76.7% | ||||
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To see the full financial statements and ratios of Savera Gems Private Limited, buy the company report.
Board of directors of Savera Gems Private Limited
Savera Gems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitbhai Bhikhabhai Patel | Director | 15 Apr 2017 | 9 Years 6 Months | As last reported |
| Laxmanbhai Popatbhai Vaghasiya | Director | 18 Feb 2015 | 11 Years 8 Months | As last reported |
Auditor
Savera Gems Private Limited is audited by CHINTAN DIXIT & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINTAN DIXIT & ASSOCIATES | FY 2017 | 125032W |
Shareholding
The shareholding of Savera Gems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Savera Gems Private Limited, buy the company report.
Legal cases
Savera Gems Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Yes Bank Ltd-Chinmay H. Acharya | Disposed |
To see the full case history of Savera Gems 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 Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Savera Gems Private Limited has a workforce of 19 employees on its EPFO records as of Mar 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 19 |
| FY 2016-17 |
To see the full employee and EPFO history of Savera Gems Private Limited, buy the company report.
GST
Savera Gems 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 Savera Gems Private Limited, buy the company report.
Recent activity
Savera Gems Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Bhupatbhai Devabhai Kotar ceased to be Director on 11 May 2017.
Frequently asked questions
Savera Gems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Savera Gems was a private limited company based in Surat, Gujarat, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 18 February 2015 and is registered under CIN U36912GJ2015PTC082315. The company has been struck off by the Registrar of Companies and is no longer operational.
Savera Gems had 2 directors:
- Amitbhai Bhikhabhai Patel - Director
- Laxmanbhai Popatbhai Vaghasiya - Director
The CIN (Corporate Identification Number) of Savera Gems is U36912GJ2015PTC082315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Savera Gems is at Syno.421 – 2 Plot – 43 Basement BH.Sahjana Complex Varachha Road Hira Baug, Surat, Gujarat, India – 395006.
Savera Gems was incorporated on 18 February 2015. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Savera Gems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Savera Gems has 1 GST registration on record and it is cancelled or inactive.
Savera Gems operated in the consumer goods industry, in the watches and jewelry manufacturing segment. It worked in this industry before it was struck off.
Savera Gems has 1 court case on record: 1 filed against it.
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