SAFFRON SANITARYWARE LIMITED

Registered Office :
AddressBlock No. 253, Vrundavan Road, At. And Post Nanapur, Ta Prantij, Sabarkantha, Himatnagar 383210, Gujarat, India
Tel. No.91-2772- 226491/ 92
Fax No.91- 2772- 226493
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SUMMARY
Incorporated 2004/09/27
Registration No. 044809
No. of Employees 150
Line of Business Exporter, Manufacturer and Importer of premium quality sanitary ware products.
Status Company is a growing concern.
Payments Slow but Correct
Litigation Clear
Banking Reputation Satisfactory
Auditors
Name :K. K. Patel and Associates, Chartered Accountant
Address :F 51, 2nd Floor, Akash Ganga Complex, Himatnagar 383001, Gujarat, India




LEGAL FORM
A Closely Held Public Limited Company

DIRECTORS

DIRECTORS
Name :Mr. Navneetbhai S. Patel
Designation :Director
Address :B/4, Satyam Society, Mahavir Nagar, Himat Nagar, Dist. Sabarkantha 383001, Gujarat, India
Date of Birth/Age :1969/06/20
Date of Appointment :2004/09/27
Name :Mr. Shankerbhai K. Patel
Designation :Director
Address :At and Po-Lalpur (Baduli), Tal. Prantij, Dist. Sabarkantha 383120, Gujarat, India
Date of Birth/Age :1962/06/01
Date of Appointment :2004/09/27
Name :Mr. Shaileshbhai A. Patel
Designation :Director
Address :At and Po-Lalpur (Baduli), Tal. Prantij, Dist. Sabarkantha 383120, Gujarat, India
Date of Birth/Age :1974/01/30
Date of Appointment :2004/09/27
Name :Mr. Kanubhai M. Patel
Designation :Director
Address :At and Po-Lalpur (Baduli), Tal. Prantij, Dist. Sabarkantha 383120, Gujarat, India
Date of Birth/Age :1976/05/21
Date of Appointment :2004/09/27
Name :Mr. Rakeshbhai C. Shah
Designation :Director
Address :26, Shankar Nagar Sos. Mahavir Nagar, Himat Nagar, Dist. Sabarkantha - 383001, Gujarat, India
Date of Birth/Age :1972/12/28
Date of Appointment :2004/09/27

KEY EXECUTIVES
Name :Mr. Navneet S Patel
Designation :Secretary
Address :B/4, Satyam Society, Mahavirnagar, Himatnagar 383001, Gujarat, India
Date of Birth/Age :1969/06/20
Date of Appointment :2006/07/01



MAJOR SHAREHOLDERS

[MAJOR SHAREHOLDERS]

AS ON 07.05.2005
Names of ShareholdersNo. of Shares
Navneet Sokabhai Patel40000
Shankarbhai Kodarbhai Patel40000
Shaileshbhai AmiAmichandbhai Patel50000
Kanu Motibhai Patel50000
Rakesh Champaklal Shah30000
Vinodkumar Virchandbhai Patel10000
Kamleshkumar Prabhudas Patel10000
Amichandbhai Vithalbhai Patel10000
Anjuben Kanubhai Patel10000
Champaklal Somchand Shah30000
Devabhai Nathabhai Patel10000
Dineshbhai Kesharbhai Patel25000
Ganpatbhai Haribhai Patel10000
Girishbhai Maganbhai Patel20000
Hareshkumar Maganbhai Patel20000
Haribhai Karsanbhai Patel20000
Jagdhishbhai Pashabhai Patel30000
Jaiprakashbhai Pashabhai Patel30000
Kailashben Shankarbhai Patel20000
Kantibhai Kodarbhai Patel20000
Manibhai Visharambhai Patel20000
Manjuben Champaklal Shah12500
Mukeshbhai Revabhai Patel10000
Mukeshbhai Keshbhai Patel25000
Popatbhai Revabhai Patel20000
Prabhudasbhai Revabhai Patel30000
Rajkumar Chatarpal Sharma10000
Rameshbhai Haribhai Patel10000
Rameshbhai Valjibhai Patel20000
Rasikbhai Manikbhai Patel10000
Ravindrabhai Haribhai Patel10000
Revabhai Bhaychandbhai Patel15000
Shantaben Manibhai Patel20000
Sushilben Navinbhai Patel30000
Virchandbhai Jivenbhai Patel15000
Alpaben Shaileshkumar Patel10000
Dahyabhai Hatibhai Patel20000
Dahyabhai Mavabhai Patel20000
Dilipbhai Amichandbhai Patel10000
Dipakbhai Govindbhai Patel20000
Divaben Arunkumar Patel20000
Divyeshkumar Champaklal Shah10000
Gangaben Jayantilal Patel20000
Ishawarbhai Madhabhai Patel20000
Katibhai Mavabhai Patel20000
Motibhai Dahyabhai Patel10000
Rashmikaben Rakeshkumar Shah7500
Sachin Ishwarlal Patel20000
Shankabhai Kuberbhai Patel10000
Sureshbhai Karsanbhai Patel20000
Sanjaykumar Govindbhai Patel20000
Total1000000

AS ON 29.09.2007
Equity Share BreakupPercentage of Holding
Category
Directors or relatives of directors44.00
Other top fifty shareholders56.00



PRODUCTS DETAILS

Products:
Wash Basins
Water Closets
Pans
Urinals
Other Accessories



IMPORT DETAILS

Imports From :
Countries :China








BANKERS

Bankers :
Bank of India
Navrangpura Branch, Swastik Char Rasta, C G Road, Navrangpura, Ahmedabad - 380009

AUDITORS
Name :K. K. Patel and Associates, Chartered Accountant
Address :F 51, 2nd Floor, Akash Ganga Complex, Himatnagar 383001, Gujarat, India

FINANCIAL INFORMATION

[all figures are in Rupees Millions]
Particulars2007/03/312006/03/31
Sales Turnover5.4001.277
Other Income2.7440.036
Total Income8.1441.313
Profit/(Loss) Before Tax0.108(3.369)
Provision for Taxation0.0000.000
Profit/(Loss) After Tax0.108(3.369)
Expenditures :
Raw Material Consumed3.2935.181
Consumption of stores and spares parts0.1870.408
Increase/(Decrease) in Finished Goods(1.687)(5.236)
Salaries, Wages, Bonus, etc.0.6120.180
Interest1.5991.091
Insurance Expenses0.0430.010
Power & Fuel0.8870.561
Depreciation & Amortization1.3731.501
Other Expenditure1.7270.984
Total Expenditure8.0354.682




CAPITAL STRUCTURE

Capital Structure

AS ON 29.09.2007

Authorised Capital :
No. of SharesTypeValueAmount
1000000Equity SharesRs. 10/- EachRs.10.000 Millions

Issued, Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
1000000Equity SharesRs. 10/- EachRs.10.000 Millions




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