MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0030147
Savy Greentech Private Limited - automotive in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.1 Cr
▲ 91% YoY
Net profit · FY 2024
₹1.49 Cr
Net margin 9.9%
EBITDA · FY 2024
₹2.2 Cr
EBITDA margin 14.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.27 Lakh
Issued & subscribed
Open charges
₹15.69 Cr
Satisfied ₹2.5 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Savy Greentech Private Limited
Data last updated:
Savy Greentech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 16 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U34100GJ2016PTC092500. Its GSTIN is 24AAXCS2839M1ZJ (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.27 Lakh. It is led by directors Chandan Mundhra and Ashish Pravinchandra Soni.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.1 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 9.9%) and EBITDA of ₹2.2 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years and 78% over five years.
The company is associated with 1 brand: Savë. As per MCA filings, the company has open charges of ₹15.69 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 9 deals on record (5 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹2.35 Cr; the latest was in December 2024.
Savy Greentech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0030147). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website savyelectric.in.
Company details
CIN U34100GJ2016PTC092500
Registration Number 092500
Incorporation Date 16 June 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0030147
Recognitions & Rankings of Savy Greentech
Contact details
Savy Greentech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is savyelectric.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOff. No. 513 North Plaza Opp. Palladium, Nr. 4D Souare Vishat – Gandhinagar, Ahmedabad, Gujarat, India – 380005
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Savy Greentech Private Limited, buy the company report.
Comprehensive company report
Savy Greentech 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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Brands
Savy Greentech operates one associated brand: Savë. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of electric rickshaws | savyelectric.in |
Business activity
The main business activity of Savy Greentech is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Savy Greentech Private Limited, buy the company report.
Financials of Savy Greentech Private Limited
FY 2024 filings availableSavy Greentech Private Limited reported revenue of ₹15.1 Cr (up 91% YoY) for FY 2024.
Revenue · FY 2024
₹15.1 Cr ▲ 91%
Net profit · FY 2024
₹1.49 Cr margin 9.9%
EBITDA · FY 2024
₹2.2 Cr margin 14.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 141%
5 years · compounded
▲ 78%
EBITDA CAGR growth
1 year
▲ 128%
3 years · compounded
▲ 448%
5 years · compounded
▲ 326%
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 91% growth in the latest year. EBITDA rose 128% 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 | FY 2019-20 |
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| EBITDA | ₹2.2 Cr | ||||
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| Net Profit (PAT) | ₹1.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Savy Greentech Private Limited, buy the company report.
Board of directors of Savy Greentech Private Limited
Savy Greentech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandan Mundhra Also directs: Savy E-Mobility Private Limited, Trump Organisers Private Limited, Trump Organisers Private Limited and 3 more | Director | 16 Jun 2016 | 10 Years 4 Months | Current |
| Ashish Pravinchandra Soni | Director | 01 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Savy Greentech Private Limited is audited by Piyush Kothari and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Piyush Kothari and Associates | FY 2023 | 0140711W |
Shareholding
The shareholding of Savy Greentech 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 Savy Greentech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.69 Cr
Satisfied charges
₹2.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101171079 | Idbi Trusteeship Services Limited | ₹6.22 Cr | Open | |
| 15 Jul 2024 | 100947890 | Others | ₹8.75 Cr | Open | |
| 29 Jun 2024 | 100949318 | Others | ₹72.14 Lakh | Open | |
| 26 Feb 2024 | 100873732 | Others | ₹2 Cr | Satisfied | |
| 06 Apr 2023 | 100745407 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Savy Greentech Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Savy Greentech Private Limited has 9 deals on record (5 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹2.35 Cr; the latest was in December 2024.
Total deals
9
Secondary share transfers
5
Funding rounds
2
Rights issues
2
Disclosed funding
₹2.35 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹2.36 Cr | Investors: 2 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2024 | Funding round | ₹1.6 Cr | Investors: an individual |
| Mar 2023 | Rights issue | ₹40.7 Lakh | Investors: an individual |
| Apr 2022 | Funding round | ₹75 Lakh | Investors: 2 individuals |
To see the full deal history of Savy Greentech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Savy Greentech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
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 M/S Gujarat Industrial Development Corporation - Rameshkumar J Aloria | Disposed |
To see the full case history of Savy Greentech 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 Savy Greentech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Savy Greentech has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS2839M1ZJ | Gujarat | Active | 01 Jul 2017 |
| 24AAXCS2839M2ZI | Gujarat | Active | 01 Nov 2023 |
| 21AAXCS2839M1ZP | Odisha | Active | 07 Jul 2025 |
To see the full GST registrations and return filing status of Savy Greentech Private Limited, buy the company report.
Recent activity
Savy Greentech Private Limited has 12 board changes on record since 2016: 7 appointments and 5 cessations. The latest: Liladhar Mundhra ceased to be Director on 30 Sep 2023.
Charges
A charge registered on 26 Feb 2024 via Charge ID 100873732 with Others was fully satisfied on 19 Nov 2025.
Charges
A charge with Others of Rs. 8.75 Cr registered on 15 Jul 2024 with Charge ID 100947890 was modified on 10 Sep 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 6.22 Cr with Charge ID 101171079 was registered on 29 Aug 2025.
AGM
Savy Greentech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 8.75 Cr with Charge ID 100947890 was registered on 15 Jul 2024.
Charges
A charge with Others amounted to Rs. 0.72 Cr with Charge ID 100949318 was registered on 29 Jun 2024.
Filing
Savy Greentech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 06 Apr 2023 via Charge ID 100745407 with Hdfc Bank Limited was fully satisfied on 12 Mar 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100873732 was registered on 26 Feb 2024.
Ceased
Liladhar Mundhra ceased to be Director.
Appointed
Ashish Pravinchandra Soni was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100745407 was registered on 06 Apr 2023.
11 earlier events are in the company report.
Frequently asked questions
Savy Greentech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 16 June 2016 (10+ years old) and is registered under CIN U34100GJ2016PTC092500.
Savy Greentech has 2 current directors:
- Chandan Mundhra - Director
- Ashish Pravinchandra Soni - Director
The latest financial statements of Savy Greentech 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 2017 are in the company report.
The GSTIN of Savy Greentech is 24AAXCS2839M1ZJ, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAXCS2839M2ZI (Gujarat), 21AAXCS2839M1ZP (Odisha).
The CIN (Corporate Identification Number) of Savy Greentech is U34100GJ2016PTC092500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savy Greentech has 1 court case on record: 1 filed against it.
Savy Greentech was incorporated on 16 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Savy Greentech has 9 deals on record (5 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹2.35 Cr; the latest was in December 2024.
Liladhar Mundhra ceased to be Director on 30 Sep 2023. Ashish Pravinchandra Soni was appointed as Director on 01 Jul 2023. Tilak Mundhra ceased to be Director on 31 Jan 2021. Savy Greentech has 12 board changes on record in total.
Yes, Savy Greentech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0030147).