Savex Technologies Private Limited

Savex Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U31909MH1988PTC046237 Incorporated 16 February 1988 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹32,896 Cr
▲ 2.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹5,074 Cr
Satisfied ₹1,092.2 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
1,365
Latest available

About Savex Technologies Private Limited

Data last updated: 23 December 2025

Savex Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in IT products retail and distribution, a part of the broader technology and IT services sector. Incorporated on 16 February 1988, the company has been in operation for over 38 years.

Registered with ROC Mumbai under CIN U31909MH1988PTC046237.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹4 Cr. Formerly known as Savex Computers Private Limited and Savex Computers Limited. It is led by directors including Anil Ishwarlal Jagasia and Anuradha Anil Jagasia.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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.

The company has a workforce of approximately 1,365 employees as per the latest available data. Its group structure includes 3 subsidiaries.

The company is associated with 4 brands - Fire Boltt, Uniserved, Inflow Technologies, Savex. As per MCA filings, the company has open charges of ₹5,074 Cr and satisfied charges of ₹1,092.2 Cr on record.

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.

Company Details of Savex Technologies Private Limited
CIN U31909MH1988PTC046237
Registration Number 046237
Incorporation Date 16 February 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    124 – B 12Th Floor, Maker Chamber Iii, Mumbai, Maharashtra, India – 400021
  • Industry
    Information Technology, IT Products Retail & Distribution
Company report
Savex Technologies Private Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Savex Technologies Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Savex Technologies Private Limited

Savex Technologies Private Limited 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, reflecting the company's evolution and rebranding over time.

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 Private Limited 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

Associated Brands with Savex Technologies Private Limited

Savex Technologies Private Limited operates multiple associated brands including Fire Boltt, Uniserved, and Inflow Technologies. These brands represent Savex Technologies Private Limited's diversified market presence and brand portfolio.

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

Competitors & Alternatives of Savex Technologies Private Limited

Brands and companies operating in the same space as Savex Technologies Private Limited include Fitbit, Goqii, Braintrust and 7 more.

Competitor Description Location Founded
Fitbit Fitbit Smartwatches and fitness trackers are provided for activity monitoring. San Francisco, United States, United States 2007
Goqii Goqii Provider of a wearable wristband integrated with personalized coaching Redwood City, United States, United States 2014
Braintrust Braintrust Tech freelancers are matched with employers in a decentralized marketplace. San Francisco, United States, United States 2018
Blink Blink Front-line workers are empowered and protected through a cloud-based platform. London, United Kingdom, United Kingdom 2014
CDW Corporation CDW Corporation Provider of IT service suite solutions Vernon Hills, United States, United States 1984
Nu Republic Nu Republic Manufacturer of personal audio devices, smartwatches, power accessories, and travel gear Gurugram, India, India 2018
ITsavvy ITsavvy A suite of IT services is provided to clients. Addison, United States, United States 2004
Insight Insight Hardware, software, cloud solutions, and IT services are provided globally. United States 1988
Zones Zones IT hardware, software, and services are provided by Zones. Auburn, United States, United States 1986
Muse Wearables Muse Wearables Smartwatch and app for fitness and nutrition tracking are developed. Chennai, India, India 2015

Business Activity of Savex Technologies Private Limited

Savex Technologies Private Limited is engaged in principal business activities including trade and manufacturing, with detailed activities including wholesale trading, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

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
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Business activity turnover details for Savex Technologies Private Limited

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Auditor Details of Savex Technologies Private Limited

Savex Technologies Private Limited is audited by N K Kalra & Associates for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
N K Kalra & Associates Locked Locked Locked
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Complete auditor history for Savex Technologies Private Limited

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Board of Directors of Savex Technologies Private Limited

Savex Technologies Private Limited is currently managed by 8 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Anil Ishwarlal Jagasia Director 16 Feb 1988 38 Years 6 Months Current
Anuradha Anil Jagasia Director 16 Feb 1988 38 Years 6 Months Current
Jayant Harkisandas Goradia Managing Director 23 Oct 2001 24 Years 10 Months Current
Raunak Anil Jagasia Director 01 Oct 2019 6 Years 10 Months Current
Atul Gaur Director 01 Jul 2021 5 Years 1 Months Current
Mahendra Ramdas Wahile Director 01 Nov 2018 7 Years 9 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Savex Technologies Private Limited FY 2025 filings available

Savex Technologies Private Limited reported revenue of ₹32,896 Cr (up 2.00% YoY) for FY 2025.

Revenue · FY 2025
₹32,896 Cr ▲ 2.00%
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Ten-year financial statements for Savex Technologies Private Limited

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Ownership and Shareholding of Savex Technologies Private Limited

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Shareholding and ownership data for Savex Technologies Private Limited

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Group Structure of Savex Technologies Private Limited

Savex Technologies Private Limited has 3 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Savex Technologies Private Limited's business expansion strategy and organizational complexity.

3
Subsidiary companies
Key Subsidiaries
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.

Charges & Borrowings of Savex Technologies Private Limited

Open charges
₹5,074 Cr
Satisfied charges
₹1,092.2 Cr
Breakdown by lending institutions
Others₹2,210.00 Cr
Hdfc Bank Limited₹749.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹650.00 Cr
Yes Bank Limited₹600.00 Cr
Axis Bank Limited₹545.00 Cr
Others₹320.00 Cr
Latest charge details
DateLenderAmountStatus
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

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 count
1,365
Active EPFO establishments
1
Employee growth
-6.7%
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Employee and EPFO history for Savex Technologies Private Limited

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GST Compliance of Savex Technologies Private Limited

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GST registrations and filing compliance for Savex Technologies Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Savex Technologies Private Limited

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Credit ratings, litigation, and regulatory alerts for Savex Technologies Private Limited

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MSME Payment Delays by Savex Technologies Private Limited

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MSME payment history for Savex Technologies Private Limited

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Subsidiaries & Group Companies of Savex Technologies Private Limited

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Corporate group structure for Savex Technologies Private Limited

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MCA Filings & Documents of Savex Technologies Private Limited

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MCA filings and documents for Savex Technologies Private Limited

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  • Annual returns and statements
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Recent Activity on Savex Technologies Private Limited

Charges
02 Dec 2025
A charge with Others of Rs. 185.00 Cr registered on 08 Feb 2019 with Charge ID 100245924 was modified on 02 Dec 2025.
Activity
30 Sep 2025
Savex Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
17 Sep 2025
A charge with Others of Rs. 500.00 Cr registered on 04 Jun 2009 with Charge ID 10164373 was modified on 17 Sep 2025.
Charges
19 May 2025
A charge with Others of Rs. 100.00 Cr registered on 22 Feb 2023 with Charge ID 100685400 was modified on 19 May 2025.
Charges
19 May 2025
A charge with Axis Bank Limited of Rs. 545.00 Cr registered on 17 Oct 2012 with Charge ID 10388000 was modified on 19 May 2025.
Charges
16 May 2025
A charge registered on 25 Sep 2019 via Charge ID 100292457 with Others was fully satisfied on 16 May 2025.

Recent News on Savex Technologies Private Limited

Frequently Asked Questions about Savex Technologies Private Limited

Savex Technologies Private Limited is an active private limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 16 February 1988 (38+ years old) and is registered under CIN U31909MH1988PTC046237. The company has 1,365 employees.

Savex Technologies Private Limited reported revenue of ₹32,896 Cr for FY 2025 (up 2.00% YoY).

The current directors of Savex Technologies Private Limited are:

The primary industry of Savex Technologies Private Limited is information technology. The company specifically operates in IT products retail and distribution. The company is currently active in this sector.

Savex Technologies Private Limited can be reached at the registered office: 124 – B 12Th Floor, Maker Chamber Iii, Mumbai, Maharashtra, India – 400021, or through the website savex.org.

The authorised capital is ₹10 Cr, and the paid-up capital is ₹4 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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