About Msafe Equipments Limited
Data last updated:
Msafe Equipments Limited is a public limited company based in East, Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29309DL2019PLC353936. Its GSTIN is 09AAMCM8834F1Z0 (Uttar Pradesh). The company holds 16 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹16 Cr. It is led by directors including Pradeep Aggarwal (Managing Director) and Ajay Kanoi Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 311 3rd Floor Aditya Arcad, Plot No. 30 Community Center Preet Vihar, East, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.62 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹13.01 Cr (net margin 18.2%) and EBITDA of ₹26.36 Cr (EBITDA margin 36.8%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 126% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.59 Cr and satisfied charges of ₹14.7 Cr on record. Court records list 136 cases involving the company, including 134 filed by the company and 2 filed against it; 105 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 market trades, 1 ipo); the latest was in February 2026. Its 10 peer companies in the Manufacturing industry (Construction Materials) are compared by revenue, 5 larger and 5 smaller; the largest is S K Gupta Private Limited with revenue of ₹73.22 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2023, listing 131 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website msafegroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressF – 311 3rd Floor Aditya Arcad, Plot No. 30 Community Center Preet Vihar, East, Delhi, India – 110092
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Msafe Equipments Limited
The main business activity of Msafe Equipments is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Msafe Equipments Limited FY 2025 filings available
Msafe Equipments Limited reported revenue of ₹71.62 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Msafe Equipments Limited
Revenue has grown at a compounded annual rate (CAGR) of 126% over five years, including 48% growth in the latest year. EBITDA rose 72% 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 of Msafe Equipments Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.01 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Msafe Equipments Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Msafe Equipments are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Msafe Equipments Limited
Msafe Equipments Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S K Gupta Private Limited | ₹73.22 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Eco Green Aac Products Private Limited | ₹73.06 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Gandhinagar, Gujarat, India |
| Dinesh Brothers Pvt Ltd | ₹73.05 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Dharranee Rooffing Plant Private Limited | ₹72.06 Cr (FY 2018) | •••• | •••• | -10.0% | •••• | Coimbatore, Tamil Nadu, India |
| PSV Precast Private Limited | ₹71.89 Cr (FY 2024) | •••• | •••• | 94.0% | •••• | Serilingampally, Telangana, India |
| Msafe Equipments Limited this company | ₹71.62 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | East Delhi, Delhi, India |
| Saxena Marine-Tech Private Limited | ₹71.58 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Sri Chowdeshwari Concrete India Private Limited | ₹71.48 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Bangalore, Karnataka, India |
| Jyoti India Kitchensink Private Limited | ₹70.77 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Droit Steel Buildings Private Limited | ₹70.71 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Jindal Sanitaryware Private Limited | ₹70.44 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Msafe Equipments by revenue in the Manufacturing industry (Construction Materials), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Msafe Equipments Limited
Msafe Equipments Limited is audited by V.K. KILA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.K. KILA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Msafe Equipments Limited
Msafe Equipments has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kankani | Director | 26 Aug 2025 | 1 Years 1 Months | Current |
| Ajay Kanoi Kumar | Whole-Time Director | 19 Aug 2019 | 7 Years 1 Months | Current |
| Rushil Agarwal Also directs: MGRV Enterprises Private Limited | Whole-Time Director | 19 Aug 2019 | 7 Years 1 Months | Current |
| Vaibhav Mandhana | Director | 26 Aug 2025 | 1 Years 1 Months | Current |
| Pradeep Aggarwal | Managing Director | 25 Aug 2022 | 4 Years 1 Months | Current |
| Rajni Ajay Kanoi | Director | 01 Jun 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Msafe Equipments Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Msafe Equipments Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2025 | Others | ₹90 Lakh | Open |
| 27 May 2025 | Others | ₹5 Cr | Open |
| 22 May 2025 | Others | ₹4 Cr | Open |
| 08 Jul 2024 | Hdfc Bank Limited | ₹12 Lakh | Open |
| 04 Jul 2024 | Hdfc Bank Limited | ₹10 Lakh | Open |
Total charge records: 21 View all charges
Deals & Funding of Msafe Equipments Limited
Msafe Equipments Limited has 7 deals on record (4 secondary share transfers, 2 market trades, 1 ipo); the latest was in February 2026.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹1.57 Cr | Buyer: Navbharat Investment Opportunities Fund |
| Feb 2026 | Market trade | ₹11.02 Cr | Buyer: Navbharat Investment Opportunities Fund, Nav Capital Vcc - Nav Capital Emerging Star Fund, 2 individuals |
| Jan 2026 | IPO | ₹66.42 Cr | Investors: Sanshi Fund – I, Bharat Venture Opportunities Fund, Shrem Investments Private Limited Seller: 2 individuals |
| Jan 2026 | Secondary share transfer | Undisclosed | Buyer: Anubhuti Properties Private Limited , 3 individuals Seller: 2 individuals |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Msafe Equipments Limited
Msafe Equipments Limited has 136 court cases on record: 134 filed by Msafe Equipments, 2 filed against it. 105 cases are pending and 31 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 136 | 2 | 105 |
Cases on record (5 of 136)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Andamiro Supplies and Services Private Limited | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Crescent Technobuild Private Limited | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Nutan Nirman Pvt. Ltd. | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against K K Holding LLP | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Glaze Techno Facade Systems Private Limited | Pending |
Full case history
All 136 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Msafe Equipments Limited
Msafe Equipments Limited has 10 MSME Form 1 returns on record between 2020 and 2023, listing 131 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Procast India | •••• | •••• | •••• |
| MGRV Enterprises Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Msafe Equipments Limited
Msafe Equipments Limited has a workforce of 49 employees as of Oct 10, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Msafe Equipments Limited
Msafe Equipments has one previous CIN (Corporate Identification Number): U29309DL2019PTC353936. The current CIN is U29309DL2019PLC353936, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309DL2019PLC353936 | Current |
| U29309DL2019PTC353936 | Previous |
News related to Msafe Equipments Limited
Recent Activity on Msafe Equipments Limited
Msafe Equipments Limited has 12 board changes on record since 2019: 6 appointments and 6 cessations. The latest: Rushil Agarwal ceased to be Director on 28 Aug 2025.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Msafe Equipments Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Msafe Equipments Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Msafe Equipments Limited
Msafe Equipments has 16 GST registrations: 14 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAMCM8834F1Z0 | Uttar Pradesh | Active | 17 Sep 2019 |
| 27AAMCM8834F1Z2 | Maharashtra | Active | 19 Dec 2019 |
| 24AAMCM8834F1Z8 | Gujarat | Active | 31 Jul 2020 |
| 29AAMCM8834F1ZY | Karnataka | Active | 07 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Msafe Equipments Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Msafe Equipments Limited
Msafe Equipments is an active public limited company based in East, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 August 2019 (7+ years old) and is registered under CIN U29309DL2019PLC353936.
Msafe Equipments reported revenue of ₹71.62 Cr for FY 2025 (up 48% YoY).
Msafe Equipments has 6 current directors:
- Pradeep Aggarwal - Managing Director
- Ajay Kanoi Kumar - Whole-Time Director
- Rushil Agarwal - Whole-Time Director
- Manish Kankani - Director
- Vaibhav Mandhana - Director
- Rajni Ajay Kanoi - Director
Msafe Equipments reported a net profit of ₹13.01 Cr (net margin 18.2%) and EBITDA of ₹26.36 Cr (EBITDA margin 36.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Msafe Equipments is 62% over three years and 126% over five years. In the latest year (FY 2025) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Msafe Equipments is 09AAMCM8834F1Z0, registered in Uttar Pradesh. The company has 16 GST registrations in all, of which 14 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAMCM8834F1Z2 (Maharashtra), 24AAMCM8834F1Z8 (Gujarat), 29AAMCM8834F1ZY (Karnataka).
The CIN (Corporate Identification Number) of Msafe Equipments is U29309DL2019PLC353936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Msafe Equipments has 136 court cases on record: 134 filed by the company and 2 filed against it. 105 are pending.
Msafe Equipments was incorporated on 19 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Msafe Equipments has 7 deals on record (4 secondary share transfers, 2 market trades, 1 ipo); the latest was in February 2026.
The peers of Msafe Equipments by revenue are S K Gupta Private Limited, Eco Green Aac Products Private Limited, Dinesh Brothers Pvt Ltd, Dharranee Rooffing Plant Private Limited, PSV Precast Private Limited and 5 more, all in the Manufacturing industry (Construction Materials).
Rushil Agarwal ceased to be Director on 28 Aug 2025. Manish Kankani was appointed as Director on 26 Aug 2025. Manish Kankani ceased to be Additional Director on 26 Aug 2025. Msafe Equipments has 12 board changes on record in total.