About Savex Technologies Private Limited
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Savex Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 16 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH1988PTC046237. Its GSTIN is 27AAACS5547H1Z8 (Maharashtra). The company holds 56 GST registrations, of which 47 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Savex Computers Private Limited and Savex Computers Limited. It is led by directors including Jayant Harkisandas Goradia (Managing Director) and Anil Ishwarlal Jagasia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹32,896 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹264.08 Cr (net margin 0.8%) and EBITDA of ₹741.62 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 16% over five years.
The company has about 1,365 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 4 brands: Fire Boltt, Uniserved, Inflow Technologies and Savex. As per MCA filings, the company has open charges of ₹5,074 Cr and satisfied charges of ₹1,092.2 Cr on record. Court records list 292 cases involving the company, including 251 filed by the company and 39 filed against it; 99 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in October 2024. Its 6 peer companies in the Information Technology industry (IT Products Retail and Distribution) are compared by revenue, 1 larger and 5 smaller; the largest is Redington Limited. The company has 11 MSME Form 1 returns on record between 2021 and 2024, listing 162 overdue payments to 58 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website savex.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address124 – B 12th Floor, Maker Chamber III, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Savex Technologies Private Limited
The main business activities of Savex Technologies are trade and manufacturing. In detail, this covers wholesale trading and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Savex Technologies Private Limited FY 2025 filings available
Savex Technologies Private Limited reported revenue of ₹32,896 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Savex Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 2% growth in the latest year. EBITDA fell 17% 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 of Savex Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹741.62 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹264.08 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Savex Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Savex Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Savex Technologies Private Limited
Savex Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redington Limited Listed | •••• | •••• | •••• | •••• | 1,991 | Chennai, Tamil Nadu, India |
| Savex Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ibm India Private Limited | •••• | •••• | •••• | •••• | 93,127 | Karnataka, India |
| Oracle India Private Limited | •••• | •••• | •••• | •••• | 31,549 | New Delhi, Delhi, India |
| Rashi Peripherals Limited | •••• | •••• | •••• | •••• | 1,465 | Mumbai, Maharashtra, India |
| Clicktech Retail Private Limited | •••• | •••• | •••• | •••• | 303 | Kolkata, West Bengal, India |
| Cisco Commerce India Private Limited | •••• | •••• | •••• | •••• | 744 | Bangalore North, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Savex Technologies by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Savex Technologies Private Limited
Savex Technologies Private Limited is audited by N K Kalra & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N K Kalra & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Savex Technologies Private Limited
Savex Technologies has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Ishwarlal Jagasia Also directs: Savex Softech Private Limited | Director | 16 Feb 1988 | 38 Years 7 Months | Current |
| Anuradha Anil Jagasia | Director | 16 Feb 1988 | 38 Years 7 Months | Current |
| Jayant Harkisandas Goradia | Managing Director | 23 Oct 2001 | 24 Years 11 Months | Current |
| Raunak Anil Jagasia Also directs: Inflow Technologies Private Limited, Savex Softech Private Limited | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Atul Gaur Also directs: Inflow Technologies Private Limited | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Mahendra Ramdas Wahile | Director | 01 Nov 2018 | 7 Years 11 Months | Current |
Ownership and Shareholding of Savex Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Savex Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2023 | Others | ₹100 Cr | Open |
| 05 Sep 2022 | Others | ₹50 Cr | Open |
| 23 Aug 2021 | Others | ₹250 Cr | Open |
| 04 Sep 2020 | Others | ₹275 Cr | Open |
| 09 Sep 2019 | Others | ₹400 Cr | Open |
Total charge records: 41 View all charges
Deals & Funding of Savex Technologies Private Limited
Savex Technologies Private Limited has 4 deals on record (4 secondary share transfers); the latest was in October 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Savex Technologies Private Limited
Savex Technologies Private Limited has 292 court cases on record: 251 filed by Savex Technologies, 39 filed against it, 2 where it is another party. 99 cases are pending and 193 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 251 | 26 | 88 |
| High courts | 40 | 13 | 10 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 292)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CRL OP) | Filed by the company against Felix Infotech Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Tackleprime India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against V3hk Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Alliance Tech Solution Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Phoneme Solutions Private Limited | Pending |
Full case history
All 292 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Savex Technologies Private Limited
Savex Technologies Private Limited has 11 MSME Form 1 returns on record between 2021 and 2024, listing 162 overdue payments to 58 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Wondersoft Private Limited | •••• | •••• | •••• |
| Aspada Marketing Private Limited | •••• | •••• | •••• |
| JMD Infotech Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Savex Technologies Private Limited
Savex Technologies operates multiple associated brands including Fire Boltt, Uniserved, and Inflow Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and sells smartwatches, audio products, and gadgets through online platforms. | fireboltt.com | |
| On-demand technology infrastructure workforce solutions are provided to businesses. | uniserved.com | |
| Value-added IT products are distributed and infrastructure services are provided. | inflowtechnologies.com | |
| ICT products are distributed across India by Savex. | savex.in |
Employees and EPFO Compliance at Savex Technologies Private Limited
Savex Technologies Private Limited has a workforce of 1,365 employees as of Nov 19, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Savex Technologies Private Limited
Savex Technologies has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Inflow Technologies Private Limited | U72200KA2008PTC048560 | Locked |
| Savex Softech Private Limited | U72200MH1997PTC108864 | Locked |
| Uniserved Tech Solutions Private Limited | U72900MH2018PTC315501 | Locked |
Showing major subsidiaries. Total: 3.
Name History of Savex Technologies Private Limited
Savex Technologies has undergone 2 name changes throughout its history. The company was previously known as Savex Computers Private Limited, and Savex Computers Limited. The current legal name is Savex Technologies Private Limited.
| Company Name | Status |
|---|---|
| Savex Technologies Private Limited | Current |
| Savex Computers Private Limited | Previous |
| Savex Computers Limited | Previous |
CIN History of Savex Technologies Private Limited
Savex Technologies has one previous CIN (Corporate Identification Number): U31909MH1988PLC046237. The current CIN is U31909MH1988PTC046237, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909MH1988PTC046237 | Current |
| U31909MH1988PLC046237 | Previous |
News related to Savex Technologies Private Limited
Recent Activity on Savex Technologies Private Limited
Savex Technologies Private Limited has 16 board changes on record since 1988: 8 appointments and 8 cessations. The latest: Atul Gaur ceased to be Additional Director on 07 Oct 2021.
100 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Savex Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Savex Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Savex Technologies Private Limited
Savex Technologies has 56 GST registrations: 47 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5547H1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACS5547H2Z7 | Maharashtra | Active | 26 Jul 2017 |
| 27AAACS5547H1CJ | Maharashtra | Active | 21 May 2019 |
| 02AAACS5547H2ZJ | Himachal Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Savex Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Savex Technologies Private Limited
Savex Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 16 February 1988 (38+ years old) and is registered under CIN U31909MH1988PTC046237.
Savex Technologies reported revenue of ₹32,896 Cr for FY 2025 (up 2% YoY).
Savex Technologies has 8 current directors:
- Jayant Harkisandas Goradia - Managing Director
- Anil Ishwarlal Jagasia - Director
- Anuradha Anil Jagasia - Director
- Raunak Anil Jagasia - Director
- Atul Gaur - Director
- Mahendra Ramdas Wahile - Director
- Devang Achyut Pandya - Director
- Saurabh Madhukar Naik - Director
Savex Technologies reported a net profit of ₹264.08 Cr (net margin 0.8%) and EBITDA of ₹741.62 Cr (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Savex Technologies is 12% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Savex Technologies is 27AAACS5547H1Z8, registered in Maharashtra. The company has 56 GST registrations in all, of which 47 are active and 9 are cancelled or inactive. Other active GSTINs include 27AAACS5547H2Z7 (Maharashtra), 27AAACS5547H1CJ (Maharashtra), 02AAACS5547H2ZJ (Himachal Pradesh).
The CIN (Corporate Identification Number) of Savex Technologies is U31909MH1988PTC046237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savex Technologies has 292 court cases on record: 251 filed by the company and 39 filed against it. 99 are pending. Most are in the district courts.
Savex Technologies was incorporated on 16 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Savex Technologies has 4 deals on record (4 secondary share transfers); the latest was in October 2024.
The peers of Savex Technologies by revenue are Redington Limited, Ibm India Private Limited, Oracle India Private Limited, Rashi Peripherals Limited, Clicktech Retail Private Limited and 1 more, all in the Information Technology industry (IT Products Retail and Distribution).
Atul Gaur ceased to be Additional Director on 07 Oct 2021. Atul Gaur was appointed as Director on 01 Jul 2021. Anuradha Anil Jagasia ceased to be Whole-Time Director on 01 Oct 2019. Savex Technologies has 16 board changes on record in total.