MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0113395
India Safety Vaults Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.96 Cr
▼ 48% YoY
Net loss · FY 2025
₹9.71 Cr
Net margin -23.1%
EBITDA · FY 2025
₹1.99 Cr
EBITDA margin 4.7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹92.73 Cr
Satisfied ₹25.3 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
47
Provident fund records
About India Safety Vaults Private Limited
Data last updated:
India Safety Vaults Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kosan Trading Enterprises Llp. It operates in the real estate financing segment of the financial services sector. It was incorporated on 02 April 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28993MH1986PTC039436. Its GSTIN is 27AAACI1002M1ZX (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as India Safety Vaults Limited. It is led by directors including Kirtivardhan Hirendrakumar Ruia (Whole-Time Director) and Pradeep Kumar Arora.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.96 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹9.71 Cr (net margin -23.1%) and EBITDA of ₹1.99 Cr (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 4% over five years.
The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹92.73 Cr and satisfied charges of ₹25.3 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
India Safety Vaults Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0113395). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isvl.in.
Company details
CIN U28993MH1986PTC039436
Registration Number 039436
Incorporation Date 02 April 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Kosan Trading Enterprises Llp
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0113395
CIN history
India Safety Vaults has one previous CIN (Corporate Identification Number): U28993MH1986PLC039436. The current CIN is U28993MH1986PTC039436, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28993MH1986PTC039436 | Current |
| U28993MH1986PLC039436 | Previous |
Key People
Kirtivardhan Hirendrakumar Ruia Whole-Time Director Pradeep Kumar Arora Director Saurabh Ashok Maheshwari Director Recognitions & Rankings of India Safety Vaults
Contact details
India Safety Vaults Private Limited's registered office is in Mumbai, Maharashtra. Its website is isvl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBasement White Hall 143, August Karanti Marg, Mumbai, Maharashtra, India – 400026
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of India Safety Vaults Private Limited, buy the company report.
Comprehensive company report
India Safety Vaults 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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Business activity
The main business activities of India Safety Vaults are financial and insurance activities, real estate activities and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers activities auxiliary to financial service and insurance activities, real estate activities and wholesale trade, except of motor vehicles and motorcycles. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | |
| L | Real estate activities | 68 | Real estate activities | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of India Safety Vaults Private Limited, buy the company report.
Financials of India Safety Vaults Private Limited
FY 2025 filings availableIndia Safety Vaults Private Limited reported revenue of ₹41.96 Cr (down 48% YoY) for FY 2025.
Revenue · FY 2025
₹41.96 Cr ▼ 48%
Net loss · FY 2025
₹9.71 Cr margin -23.1%
EBITDA · FY 2025
₹1.99 Cr margin 4.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 29%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 519%
3 years · compounded
▼ 47%
5 years · compounded
▲ 101%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 48% fall in the latest year. EBITDA rose 519% 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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| Total Expenses | |||||
| EBITDA | ₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.71 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | -23.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of India Safety Vaults Private Limited, buy the company report.
Board of directors of India Safety Vaults Private Limited
India Safety Vaults has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirtivardhan Hirendrakumar Ruia Also directs: TMTR People Solutions Private Limited, Kosan Trading Enterprises LLP, Pune Safety Vaults LLP and 4 more | Whole-Time Director | 20 Nov 2006 | 19 Years 11 Months | Current |
| Pradeep Kumar Arora Also directs: TMTR People Solutions Private Limited | Director | 20 Jun 2003 | 23 Years 4 Months | Current |
| Saurabh Ashok Maheshwari | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
Auditor
India Safety Vaults Private Limited is audited by B. L. SARDA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. L. SARDA & CO | FY 2023 | 109267W |
Shareholding
The shareholding of India Safety Vaults 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 India Safety Vaults Private Limited, buy the company report.
Charges & borrowings
Open charges
₹92.73 Cr
Satisfied charges
₹25.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2025 | 101225377 | Others | ₹15 Lakh | Open | |
| 15 Nov 2025 | 101225384 | Others | ₹15 Lakh | Open | |
| 07 Jan 2025 | 101045528 | Others | ₹50 Lakh | Open | |
| 20 Dec 2024 | 101045538 | Others | ₹3.81 Cr | Open | |
| 05 Dec 2024 | 101045526 | Others | ₹10.14 Cr | Open |
To see the full charge records of India Safety Vaults Private Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
India Safety Vaults Private Limited has 2 court cases on record: 2 filed by India Safety Vaults. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against The Pune Muncipal Corporation | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Brand House Retails Limited | Disposed |
To see the full case history of India Safety Vaults 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 India Safety Vaults Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
India Safety Vaults has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| India Terry Towels Private Limited | U17301MH2016PTC273477 |
To see the full group structure of India Safety Vaults Private Limited, buy the company report.
Employees & EPFO
India Safety Vaults Private Limited has a workforce of 47 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
47
Active EPFO establishments
1
Employee growth
2.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 47 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of India Safety Vaults Private Limited, buy the company report.
GST
India Safety Vaults has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1002M1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Safety Vaults Private Limited, buy the company report.
Recent activity
India Safety Vaults Private Limited has 9 board changes on record since 1986: 6 appointments and 3 cessations. The latest: Prakash Vasantlal Mehta ceased to be Director on 08 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101225377 was registered on 09 Dec 2025.
Ceased
Prakash Vasantlal Mehta ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101225384 was registered on 15 Nov 2025.
AGM
India Safety Vaults Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
India Safety Vaults Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 18 Nov 2021 via Charge ID 100506454 with Standard Chartered Bank was fully satisfied on 21 Jan 2025.
Charges
A charge registered on 17 Oct 2013 via Charge ID 10462106 with State Bank Of India was fully satisfied on 20 Jan 2025.
Charges
A charge registered on 11 Jun 2015 via Charge ID 10576035 with Axis Bank Limited was fully satisfied on 15 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101045528 was registered on 07 Jan 2025.
Charges
A charge with Others amounted to Rs. 3.81 Cr with Charge ID 101045538 was registered on 20 Dec 2024.
Charges
A charge with Others amounted to Rs. 10.14 Cr with Charge ID 101045526 was registered on 05 Dec 2024.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101024287 was registered on 30 Nov 2024.
47 earlier events are in the company report.
Frequently asked questions
India Safety Vaults is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 02 April 1986 (40+ years old) and is registered under CIN U28993MH1986PTC039436.
India Safety Vaults has 3 current directors:
- Kirtivardhan Hirendrakumar Ruia - Whole-Time Director
- Pradeep Kumar Arora - Director
- Saurabh Ashok Maheshwari - Director
The latest financial statements of India Safety Vaults on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of India Safety Vaults is 27AAACI1002M1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of India Safety Vaults is U28993MH1986PTC039436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Safety Vaults has 2 court cases on record: 2 filed by the company.
India Safety Vaults was incorporated on 02 April 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Prakash Vasantlal Mehta ceased to be Director on 08 Dec 2025. Saurabh Ashok Maheshwari was appointed as Director on 01 Aug 2024. Hirendrakumar Balkrishna Ruia ceased to be Managing Director on 03 Aug 2016. India Safety Vaults has 9 board changes on record in total.
Yes, India Safety Vaults is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0113395).
India Safety Vaults can be reached through the website isvl.in. Its registered office is in Mumbai, Maharashtra, India.
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