About Savfab Developers Private Limited
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Savfab Developers Private Limited is a private limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2012PTC234811. Its GSTIN is 09AARCS3787N1Z6 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12 Cr. It is led by directors Abhinav Goel and Dhanesh Kumar Goel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 177 Block No. – A 4th Floor Kondli Gharoli, Delhi, India – 110096.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.26 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹5.26 Cr (net margin 18%) and EBITDA of ₹7.25 Cr (EBITDA margin 24.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 47% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.22 Cr and satisfied charges of ₹35.9 Cr on record. Court records list 29 cases involving the company, including 7 filed by the company and 22 filed against it; 23 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jasminegrove.com.
Company details
Contact details
Savfab Developers Private Limited's registered office is in Delhi, Delhi. Its website is jasminegrove.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address177 Block No. – A 4th Floor Kondli Gharoli, Delhi, India – 110096
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Savfab Developers 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 Savfab Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Savfab Developers Private Limited, buy the company report.
Financials of Savfab Developers Private Limited
FY 2024 filings availableSavfab Developers Private Limited reported revenue of ₹29.26 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 15% growth in the latest year. EBITDA fell 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.25 Cr | ||||
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| Net Profit (PAT) | ₹5.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 24.8% | ||||
| Net Profit Margin | 18% | ||||
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To see the full financial statements and ratios of Savfab Developers Private Limited, buy the company report.
Board of directors of Savfab Developers Private Limited
Savfab Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Goel | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Dhanesh Kumar Goel Also directs: Dudheshwar Buildtech LLP, Savfab Buildcon LLP, Saffron Housing (India) Private Limited and 1 more | Director | 26 Apr 2012 | 14 Years 5 Months | Current |
Peer comparison
Savfab Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akme Projects Limited | ₹29.29 Cr (FY 2016) | 78.0% | New Delhi, Delhi, India | |||
| Green Home Farms and Resorts Private Limited | ₹29.28 Cr (FY 2025) | -19.0% | Telangana, India | |||
| Savfab Developers Private Limitedthis company | ₹29.26 Cr (FY 2025) | ₹5.26 Cr | 18% | 15.0% | 7 | Delhi, India |
| Essem18 Developers Private Limited | ₹29.26 Cr (FY 2024) | -50.0% | Bangalore, Karnataka, India | |||
| Vibhor Home Developers Private Limited | ₹29.22 Cr (FY 2025) | -55.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Savfab Developers Private Limited, buy the company report.
Auditor
Savfab Developers Private Limited is audited by Ajay Agarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ajay Agarwal & Co. | FY 2023 | 005972N |
Shareholding
The shareholding of Savfab Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Savfab Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2023 | 100816184 | Others | ₹2 Cr | Open | |
| 03 Sep 2013 | 10456638 | Oriental Bank of Commerce | ₹22 Lakh | Open | |
| 18 Aug 2014 | 10524975 | Icici Bank Limited | ₹48.25 Lakh | Satisfied | |
| 19 Mar 2014 | 10486004 | Syndicate Bank | ₹35 Cr | Satisfied | |
| 25 Oct 2013 | 10462364 | Hdfc Bank Limited | ₹22.32 Lakh | Satisfied |
To see the full charge records of Savfab Developers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Savfab Developers Private Limited has 29 court cases on record: 7 filed by Savfab Developers, 22 filed against it. 23 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 18 | 18 | 17 |
| High courts | 7 | 1 | 6 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by VR India Security Services Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by VR India Security Services Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Uttar Pradesh State Industrial Development Authority | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Uttar Pradesh State Industrial Development Authority | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Uttar Pradesh State Industrial Development Authority | Pending |
To see the full case history of Savfab Developers 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.
Credit ratings & regulatory alerts
Savfab Developers Private Limited was last rated by Icra on 17 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Feb 2022 |
To see the full credit ratings and regulatory alerts of Savfab Developers Private Limited, buy the company report.
MSME payment delays
Savfab Developers Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 27 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pole-Ads Advertising Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| SMC Investech Private Limited |
To see the full MSME payment records of Savfab Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Savfab Developers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Savfab Developers Private Limited has a workforce of 7 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Savfab Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AARCS3787N1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Savfab Developers Private Limited, buy the company report.
Recent activity
Savfab Developers Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Harendra Sharma ceased to be Director on 01 Oct 2022.
6 earlier events are in the company report.
Frequently asked questions
Savfab Developers is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 April 2012 (14+ years old) and is registered under CIN U45400DL2012PTC234811.
Savfab Developers has 2 current directors:
- Abhinav Goel - Director
- Dhanesh Kumar Goel - Director
The latest financial statements of Savfab Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Savfab Developers is 09AARCS3787N1Z6, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Savfab Developers is U45400DL2012PTC234811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savfab Developers has 29 court cases on record: 7 filed by the company and 22 filed against it. 23 are pending. Most are in the nclat.
Savfab Developers was incorporated on 26 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Savfab Developers by revenue are Akme Projects Limited, Green Home Farms and Resorts Private Limited, Essem18 Developers Private Limited, Vibhor Home Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Harendra Sharma ceased to be Director on 01 Oct 2022. Abhinav Goel was appointed as Director on 30 Sep 2022. Navneet Kunchal ceased to be Director on 28 Nov 2018. Savfab Developers has 5 board changes on record in total.
Savfab Developers has 4 MSME Form 1 returns on record between 2019 and 2020, listing 27 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Dec 2020.
Savfab Developers can be reached through the website jasminegrove.com. Its registered office is in Delhi, India.
The registered office of Savfab Developers is at 177 Block No. – A 4th Floor Kondli Gharoli, Delhi, India – 110096.