- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-13-0006306

Dhanlaxmi Safe Private Limited
About Dhanlaxmi Safe Private Limited
Data last updated:
Dhanlaxmi Safe Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2018PTC111871. Its GSTIN is 29AAGCD6268C1ZJ (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹13 Lakh. It is led by directors including Meeta Mukesh Panchal and Sonal Jitesh Panchal.
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 Csd No.2 Cts No.2242/1 2242/2 Kumbar Oni, Hubli, Karnataka, India – 580024.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.25 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹27.53 Lakh (net margin 3.8%) and EBITDA of ₹41.24 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.5 Lakh on record. The company has 1 deal on record (1 rights issue); the latest was in July 2018. Its 4 peer companies in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 smaller; the largest is Entente Retail Fixtures Private Limited with revenue of ₹7.25 Cr.
Dhanlaxmi Safe Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0006306).
Company details
Recognitions & Rankings of Dhanlaxmi Safe
Contact details
Dhanlaxmi Safe Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCsd No.2 Cts No.2242/1 2242/2 Kumbar Oni, Hubli, Karnataka, India – 580024
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Dhanlaxmi Safe 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 Dhanlaxmi Safe is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Dhanlaxmi Safe Private Limited, buy the company report.
Financials of Dhanlaxmi Safe Private Limited
FY 2024 filings availableDhanlaxmi Safe Private Limited reported revenue of ₹7.25 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 3% growth in the latest year. EBITDA rose 12% 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 | ₹41.24 Lakh | ||||
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| Net Profit (PAT) | ₹27.53 Lakh | ||||
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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 | 5.7% | ||||
| Net Profit Margin | 3.8% | ||||
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To see the full financial statements and ratios of Dhanlaxmi Safe Private Limited, buy the company report.
Board of directors of Dhanlaxmi Safe Private Limited
Dhanlaxmi Safe has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meeta Mukesh Panchal | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Sonal Jitesh Panchal | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Mukesh Kashiram Panchal | Director | 03 Apr 2018 | 8 Years 6 Months | Current |
| Jitesh Kashiram Panchal | Director | 03 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Dhanlaxmi Safe Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhanlaxmi Safe Private Limitedthis company | ₹7.25 Cr (FY 2025) | ₹27.53 Lakh | 3.8% | 3.0% | 38 | Hubli, Karnataka, India |
| Entente Retail Fixtures Private Limited | ₹7.25 Cr (FY 2025) | -7.0% | Bangalore, Karnataka, India | |||
| JSD Retails Private Limited | ₹7.19 Cr (FY 2024) | 74.0% | Nashik, Maharashtra, India | |||
| The Decorative Laminates India Private Limited | ₹7.12 Cr (FY 2025) | -2.0% | Mysore, Karnataka, India | |||
| Woodfurn Interior Private Limited | ₹7.12 Cr (FY 2015) | 11.0% | Pune, Maharashtra, India |
To see the full peer comparison of Dhanlaxmi Safe Private Limited, buy the company report.
Auditor
Dhanlaxmi Safe Private Limited is audited by HITESH KUMAR MODI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH KUMAR MODI & CO | FY 2023 | 203552 |
Shareholding
The shareholding of Dhanlaxmi Safe 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 Dhanlaxmi Safe Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2025 | 101150885 | Others | ₹25 Lakh | Open | |
| 17 Oct 2023 | 100853680 | Others | ₹16.5 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Dhanlaxmi Safe Private Limited has 1 deal on record (1 rights issue); the latest was in July 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Rights issue | ₹12 Lakh | Investors: 3 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 Dhanlaxmi Safe 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 Dhanlaxmi Safe Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dhanlaxmi Safe Private Limited has a workforce of 38 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Dhanlaxmi Safe has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCD6268C1ZJ | Karnataka | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Dhanlaxmi Safe Private Limited, buy the company report.
Recent activity
Dhanlaxmi Safe Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Indira Kashiram Panchal ceased to be Director on 22 Feb 2021.
Frequently asked questions
Dhanlaxmi Safe is an active private limited company based in Hubli, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 April 2018 (8+ years old) and is registered under CIN U36999KA2018PTC111871.
Dhanlaxmi Safe has 4 current directors:
- Meeta Mukesh Panchal - Director
- Sonal Jitesh Panchal - Director
- Mukesh Kashiram Panchal - Director
- Jitesh Kashiram Panchal - Director
The latest financial statements of Dhanlaxmi Safe 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 2019 are in the company report.
The GSTIN of Dhanlaxmi Safe is 29AAGCD6268C1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Dhanlaxmi Safe is U36999KA2018PTC111871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanlaxmi Safe was incorporated on 03 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Dhanlaxmi Safe has 1 deal on record (1 rights issue); the latest was in July 2018.
The peers of Dhanlaxmi Safe by revenue are Entente Retail Fixtures Private Limited, JSD Retails Private Limited, The Decorative Laminates India Private Limited, Woodfurn Interior Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Indira Kashiram Panchal ceased to be Director on 22 Feb 2021. Kashiram Jeychand Panchal ceased to be Director on 26 Jul 2020. Meeta Mukesh Panchal was appointed as Director on 20 Dec 2018. Dhanlaxmi Safe has 6 board changes on record in total.
Yes, Dhanlaxmi Safe is registered as a small enterprise under Udyam registration (number: UDYAM-KR-13-0006306).
The registered office of Dhanlaxmi Safe is at Csd No.2 Cts No.22421 22422 Kumbar Oni, Hubli, Karnataka, India – 580024.