s on: April 23, 2016

 Basic Information
 Documents
 Trademarks
 Directors
 Map

Saffron Lifestyle Traders Private Limited is a Private incorporated on 01 October 2008. It is

classified as Non-govt company and is registered at Registrar of Companies, Ahmedabad. Its
authorized share capital is Rs. 10,000,000 and its paid up capital is Rs. 10,000,000.It is
inolved in Manufacture of wearing apparel, except fur apparel [this class includes
manufacture of wearing apparel made of material not made in the same unit. Both regular and
contract activities are included]

Saffron Lifestyle Traders Private Limited's Annual General Meeting (AGM) was last held on
30 September 2015 and as per records from Ministry of Corporate Affairs (MCA), its balance
sheet was last filed on 31 March 2015.

Directors of Saffron Lifestyle Traders Private Limited are Navin Ashokkumar Vaswani,
Hitesh Ashokkumar Vaswani and Harsha Deepak Vaswani.

Saffron Lifestyle Traders Private Limited's Corporate Identification Number is (CIN)

U18109GJ2008PTC055150 and its registration number is 55150.Its Email address is
vgovani@yahoo.co.in and its registered address is 102, CRYSTAL SQUARE, B/S
NAVRANGPURA TELEPHONE EXCHANGE, NAVRANGPURA, AHMEDABAD GJ
380009 IN , - , .

Current status of Saffron Lifestyle Traders Private Limited is - Active.

Company Details

CIN U18109GJ2008PTC055150
Company Name SAFFRON LIFESTYLE TRADERS PRIVATE LIMITED
Company Status Active
RoC RoC-Ahmedabad
Registration
55150
Number
Company
Company limited by Shares
Category
Company Sub
Non-govt company
Category
Class of
Private
Company
CIN U18109GJ2008PTC055150
Date of
01 October 2008
Incorporation
Age of
7 years, 8 month, 9 days
Company
Manufacture of wearing apparel, except fur apparel [this class includes
manufacture of wearing apparel made of material not made in the same
Activity unit. Both regular and contract activities are included]

Click here to see other companies involved in same activity.

Number of
-
Members

Previous Names

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Previous CINS

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Listing and Annual Compliance Details

Listing status Unlisted

Date of Last Annual General Meeting 30 September 2015
Date of Latest Balance Sheet 31 March 2015

Financial Report

Balance Sheet
Paid-up Capital
Reserves & Surplus
Long Term Borrowings
Short Term Borrowings
Trade Payables
Current Investments
Inventories
Trade Receivables
Cash and Bank Balances
Profit & Loss
Total Revenue (Turnover)
Total Expenses
Employee Benefit Expenses
Finance Costs
Depriciation
Profit Before Tax
Profit After Tax

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View Events Timeline - List of all company events since inception. Click Here to view
Events Timeline of Infosys Ltd.

Share Capital & Number of Employees

Authorised Capital ₹10,000,000

Paid up capital ₹10,000,000
Number of Employees Login to view

Contact Details

Email ID: vgovani@yahoo.co.in

Website: Click here to add.

Address:

102, CRYSTAL SQUARE, B/S NAVRANGPURA TELEPHONE EXCHANGE,

NAVRANGPURA, AHMEDABAD GJ 380009 IN

Director Details

Appointment
DIN Director Name Designation
Date
NAVIN ASHOKKUMAR View other
05153671 Director 02 January 2012
VASWANI directorships

HITESH ASHOKKUMAR View other

02197212 Director 01 October 2008
VASWANI directorships
 Appointment
DIN Director Name Designation
Date
HARSHA DEEPAK View other
02197238 Director 01 October 2008
VASWANI directorships

Past Director Details

DIN Director Name Appointment Date Cessation Date

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Prosecution Details

S.No. Defaulting Entities Court Name Prosecution Section Date Of Order Status
No prosecutions found

Charges/Borrowing Details

Search:
Charge Creation Modification Closure
Assets Under Charge Amount
ID Date Date Date
10149682 2009-02-02 2009-07-23 2010-07-16 8,800,000
10232838 2010-07-29 2014-05-29 2015-01-27 140,000,00
10310774 2011-10-04 2015-01-27 2016-02-26 10,000,000
10412818 2013-01-30 2013-12-27 2015-01-07 50,000,000
10559021 2015-02-11 2016-02-16 - 269,900,00
10625094 2016-02-29 - - Immovable property or any interest therein 16,915,200
Showing 1 to 6 of 6 entries

Establishments Details

Establishment
City Pincode Address
Name
M/S SAFFRON
LIFESTYLE 3, SHOPPERS PLAZA-3, C G
TRADERS AHMEDABAD 380009 ROADOPP. MUNICIPAL
PRIVATE MARKET,AHMEDABAD554GJ
LIMITED
*Industry classification is derived from National Industrial Classification. If the company has
changed line of business without intimating the Registrar or is a diversified business,
classification may be different. We make no warranties about accuracy of industrial
classification.
 We are a lifestyle company dealing in apparel and non apparel brands. Our vision is to cater
an array of the world of fashion for our consumers who love to splurge, relish and enjoy
shopping.


Retail is one of the booming business Industries in India today. It brings to us a lot of
opportunities to explore this fabulous industry with different markets and different working
conditions. Retail has always been an exciting business for any entrepreneur, be it in
garments, food, pharma, jewellery, appliances or fashion accessories, the list is endless. This
industry has never been so exciting in India as it is now with so many malls coming up,
thanks to the growth in realty industry which has shown many brands and entrepreneurs a
vision which they had never thought of earlier. Everyone dreams of growing and expanding
at a very fast speed, which is why we (Saffron Lifestyle Traders Private Limited) have taken
this big leap forward into retailing in Gujarat and other Mumbai- the Financial Capital of
India.

Saffron Lifestyle Traders Private Limited has been into retailing since last 13 years. Our first
step in this industry was with NIKE, one of the leading footwear brands in the world; along
with which we also started retail operations with Levi's. We were distributors for Nike for
entire Gujarat for almost 3 years. Since then we have been growing day by day. This business
has been run by the Owner / Managing Director, Mr. Hitesh Vaswani.

We started this business with an exclusive store of Nike, and then in 1998 Levi's rolled out
with their first ever store in Gujarat. By October 2004 when he had a vision of retailing Levi's
started their 3200 sq feet store at Satellite road in Ahmedabad. Saffron traders in 2006 opened
four more stores with Levi Strauss India (P) Ltd. As per the list given below:

 A 1300 Sq feet store at Paldi.

 A 4000 Sq feet world's 1st Docker's Flagship store in Ahmedabad at CG road. It is the
biggest store of Dockers till date in entire World.
 A 1500 Sq feet Levi's store in Baroda.
 A 10000 Sq feet Levi's Flagship store spread across 3 levels, out of which 1 entire
floor was demolished to get a grand height. This is only the 3rd Levi's flagship store
in the western region.

Levi strauss India (P) Ltd. is already planning full fledged expansion in retail for entire
Gujarat state and other metro cities for their brands Levi's with us because of the hard work
put in by us, the dedication with which we do our business and his eye for retailing, his
passion to run Levi's brand, his passion to run retail business.

Saffron Traders also took up franchise for Motorola- a growing mobile brand in Ahmedabad.
First store in entire Gujarat was opened in March 2007 with a very good consumer response.

In 2008 Saffron opened two stores in Baroda, first a Levis and second a Dockers store and
one Levis store in Anand. We wanted to expand our presence and become a big retailing
company and hence we started our first retail operations in Mumbai with a Levi's store in
Borivali followed by a second Levis store in Kharghar. In November 2008 Saffron Lifestyle
Traders Private Limited opened its third Levi's store in Mumbai and ensuring a successful
year end for the group.

From the 1st of November 2008, the Partnership firm "Saffron Traders" was converted into a
Private Limited Co "Saffron Lifestyle Traders Pvt. Ltd." In 2009 Saffron Lifestyle Traders
Pvt. Ltd., opened the fourth store of Levi's in Infiniti Mall. By 2011 Saffron the fifth Levi’s
store at Center One Mall, Mumbai and 5th Levi’s store at Alpha Mall, Ahmedabad was
opened. With the opening of this store Saffron Group now had a total of 15 Levis stores
spread across Ahmedabad, Anand, Baroda, Rajkot and Mumbai.

With this we became the largest Master Franchise for Levi Strauss India Private Limited for
West India, both in terms of volume and number of stores.

In 2009, Saffron also signed up with one more international brand- United colors of Benetton
for 9 stores. These stores were a set of new stores to be opened and the other old stores to be
taken over. Today Saffron has 18 stores with United colors of Benetton spread across
Ahmedabad, Anand, Baroda, Rakjot, Jamnagar, Gandhidham, Mumbai and Vapi.

The take over of these stores has given tremendous boost to sales of Saffron as a group and
these kind of International Brands with such huge volumes are going to give Saffron
tremendous growth in its business.

In year 2010, Saffron Lifestyle Traders Private Limited has signed up with Tommy Hilfiger
Brand, These stores were again a set of new stores to be opened and old stores to be taken
over. So In year 2010-11 we took over a total of four Tommy Hilfiger stores across Mumbai
and Pune and opened two new stores at Mumbai. Today Saffron has 15 Tommy Hilfiger
stores across Maharashtra.

With signing of these brands Saffron Lifestyle Traders Private Limited is now working with
top class brands available in India like Levi’s, Benetton and Tommy Hilfiger. All are one of
the leading brands in the country today and are sure to add lot of value to the group's turnover
and image.

On 16th Sep 2011 Saffron has been awarded as the “BEST FRANCHISE” from Tommy
Hilfiger.

Saffron ended the financial year 2009 - 2010 with a turnover of 23 crore, growth of almost
70% from preceding year, and with the set of new stores opening, the turnover expected for
2010 - 2011 is 40 crore which is again a growth of 70%.

In the Year 2012, Saffron has won the Best Business Practices Award for United Colors of
Benetton.

Saffron achieved the Best Business Excellence Award in the year 2013 for United Colors of
Benetton.

In the Year 2014, Saffron Lifestyle Traders was awarded the Best Business Execution for the
United Colors of Benetton Distribution.

Saffron now has 75 stores under their umbrella with at least 12 more set by next year.

Today Saffron is looked at as a big retail group in Gujarat with more close to 75 stores by the
end of the year and having a full fledged staff working under the Managing Director.

The company today boasts of a General Manager, who has an experience in retail industry
since last 20 years, store operations managers, visual merchandise, accounts team, HR &
Inventory managers. With the kind of solidity, experience & aura of youth that this team
brings in, the Company is sure to grow in Leaps & bounds and give the top management
confidence to expand its wings in the Retail.