MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-20-0024427
Savitar Innovative Solutions Private Limited - information technology in Nagpur, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹3.33 Lakh
▼ 60% YoY
Net loss · FY 2024
₹2.01 Lakh
Net margin -60.4%
EBITDA · FY 2024
-₹1.94 Lakh
EBITDA margin -58.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.87 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Savitar Innovative Solutions Private Limited
Data last updated:
Savitar Innovative Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 27 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72900MH2020PTC348878.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.87 Lakh. It is led by directors Arpit Anand Wase (Managing Director) and Chetan Surendra Sarode.
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 Plot No. 183 Shri Sant Gajanan Nagar Process Soci Nagpur (Urban) (M Corp), Maharashtra, India – 440037.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.33 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹2.01 Lakh (net margin -60.4%) and EBITDA of -₹1.94 Lakh (EBITDA margin -58.3%). Revenue has grown at a compounded annual rate (CAGR) of 164% over three years.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹90,000; the latest was in March 2022.
Savitar Innovative Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0024427). For more details, the company can be reached via its website savitarsolutions.in.
Company details
CIN U72900MH2020PTC348878
Registration Number 348878
Incorporation Date 27 October 2020
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0024427
Recognitions & Rankings of Savitar Innovative Solutions
Contact details
Savitar Innovative Solutions Private Limited's registered office is in Nagpur, Maharashtra.
- Social Media
- Registered AddressPlot No. 183 Shri Sant Gajanan Nagar Process Soci Nagpur (Urban) (M Corp), Maharashtra, India – 440037
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Savitar Innovative Solutions Private Limited - one report that includes everything
- 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
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Financials of Savitar Innovative Solutions Private Limited
FY 2024 filings availableSavitar Innovative Solutions Private Limited reported revenue of ₹3.33 Lakh (down 60% YoY) for FY 2024.
Revenue · FY 2024
₹3.33 Lakh ▼ 60%
Net loss · FY 2024
₹2.01 Lakh margin -60.4%
EBITDA · FY 2024
-₹1.94 Lakh margin -58.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▲ 164%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 13%
Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 164%. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.94 Lakh | |||
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| Net Profit (PAT) | -₹2.01 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | -58.3% | |||
| Net Profit Margin | -60.4% | |||
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To see the full financial statements and ratios of Savitar Innovative Solutions Private Limited, buy the company report.
Board of directors of Savitar Innovative Solutions Private Limited
Savitar Innovative Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Anand Wase Also directs: Savitar Auto Innovation Private Limited | Managing Director | 27 Oct 2020 | 5 Years 11 Months | Current |
| Chetan Surendra Sarode | Director | 27 Oct 2020 | 5 Years 11 Months | Current |
Deals & funding
Savitar Innovative Solutions Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹90,000; the latest was in March 2022.
Total deals
1
Funding round
1
Disclosed funding
₹90,000
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹90,000 | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Savitar Innovative Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Savitar Innovative Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Savitar Innovative Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Savitar Innovative Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Mangesh Madhu Badhel ceased to be Director on 08 Sep 2021.
AGM
Savitar Innovative Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Savitar Innovative Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Nagpur.
Ceased
Mangesh Madhu Badhel ceased to be Director.
Ceased
Trupti Pandurang Gujar ceased to be Additional Director.
Appointed
Arpit Anand Wase was appointed as Managing Director.
Appointed
Chetan Surendra Sarode was appointed as Director.
Incorporation
27 Oct 2020
Savitar Innovative Solutions Private Limited was registered on 27 Oct 2020 with Roc Nagpur & aged 5 years 11 months as per MCA records.
Frequently asked questions
Savitar Innovative Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 27 October 2020 (6+ years old) and is registered under CIN U72900MH2020PTC348878.
Savitar Innovative Solutions has 2 current directors:
- Arpit Anand Wase - Managing Director
- Chetan Surendra Sarode - Director
The latest financial statements of Savitar Innovative Solutions 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Savitar Innovative Solutions is U72900MH2020PTC348878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savitar Innovative Solutions was incorporated on 27 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Nagpur.
Savitar Innovative Solutions has 1 deal on record (1 funding round), with disclosed funding of ₹90,000; the latest was in March 2022.
Mangesh Madhu Badhel ceased to be Director on 08 Sep 2021. Trupti Pandurang Gujar ceased to be Additional Director on 08 Sep 2021. Arpit Anand Wase was appointed as Managing Director on 27 Oct 2020. Savitar Innovative Solutions has 4 board changes on record in total.
Yes, Savitar Innovative Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0024427).
Savitar Innovative Solutions can be reached through the website savitarsolutions.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Savitar Innovative Solutions is at Plot No. 183 Shri Sant Gajanan Nagar Process Soci Nagpur Urban M Corp, Maharashtra, India – 440037.