MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-02-0004747
Market Cap
₹606 Cr
MSAFE · BSE
Share Price
₹295.00
-1.50% today
Revenue
₹104 Cr
FY 2025-26 · +45.1% YoY
EBITDA
₹41.03 Cr
Margin 39.6%
Net Profit
₹24.47 Cr
FY 2025-26 · +86.8% YoY
ROE
36.3%
ROCE 33.9%
Debt / Equity
0.58
Interest cover 10.4x
Authorised capital
₹25 Cr
Registered with MCA
About Msafe Equipments Limited
Data last updated:
Msafe Equipments Limited is a public limited company based in 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. Its shares are listed on BSE: 544695.
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, Delhi, India – 110092.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹103.5 Cr, a growth of 45.1% compared to the previous year. For the same year it recorded a net profit of ₹24.47 Cr (net margin 23.6%) and EBITDA of ₹41.03 Cr (EBITDA margin 39.6%). The net worth stands at ₹98.01 Cr (up 282.1% YoY). Total assets are valued at ₹138.14 Cr (up 134.7% YoY).
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.
Msafe Equipments Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0004747). 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.
Company Details of Msafe Equipments Limited
CIN U29309DL2019PLC353936
Registration Number 353936
Incorporation Date 19 August 2019
ROC Delhi
Listing Status Listed (BSE: 544695)
Company Status Active
Date of Last AGM 22 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-02-0004747
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 |
Key People
Pradeep Aggarwal Managing Director Ajay Kanoi Kumar Whole-Time Director Rushil Agarwal Whole-Time Director Recognitions & Rankings of Msafe Equipments
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressF – 311 3rd Floor Aditya Arcad, Plot No. 30 Community Center Preet Vihar, Delhi, India – 110092
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
Comprehensive company report
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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 |
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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 2025-26 filings available
Msafe Equipments Limited reported revenue of ₹103.5 Cr (up 45.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹104 Cr
+45.1% YoY
EBITDA
₹41.03 Cr
+57.4% YoY
Profit After Tax
₹24.47 Cr
+86.8% YoY
Net Worth
₹98.01 Cr
+282.1% YoY
Total Assets
₹138 Cr
+134.7% YoY
Total Debt
₹38.59 Cr
+18.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 104 | 71.34 | 48.13 | 26.98 | 15.59 | 5.52 |
| Revenue growth | +45.1% | +48.2% | +78.4% | +73.1% | +182.4% | - |
| EBITDA | 41.03 | 26.07 | 15.12 | 6.53 | 4.17 | 1.18 |
| EBITDA margin | +39.6% | +36.5% | +31.4% | +24.2% | +26.8% | +21.4% |
| Profit before tax | 29.98 | 17.42 | 8.76 | 4.90 | 2.82 | 0.39 |
| Net profit | 24.47 | 13.10 | 6.97 | 3.59 | 2.10 | 0.29 |
| Net profit margin | +23.6% | +18.4% | +14.5% | +13.3% | +13.5% | +5.3% |
| EPS (₹) | 10.99 | 130.12 | 65.52 | 36.08 | 2,091.64 | 296.65 |
| Balance sheet | ||||||
| Total assets | 138 | 58.86 | 38.90 | 26.41 | 12.96 | 8.99 |
| Net worth | 98.01 | 25.65 | 12.64 | 6.04 | 2.43 | 0.34 |
| Total debt | 38.59 | 32.56 | 25.87 | 20.38 | 10.53 | 8.66 |
| Cash & bank | 43.18 | 0.54 | 0.32 | 0.23 | 0.09 | 0.31 |
| Net working capital | 86.46 | 18.00 | 10.02 | 3.36 | (0.51) | 1.38 |
| Cash flow | ||||||
| Cash from operations | 11.53 | 14.35 | 6.45 | 4.52 | - | - |
| Cash from investing | (63.47) | (18.15) | (9.80) | (12.96) | - | - |
| Cash from financing | 51.55 | 4.00 | 3.45 | 8.57 | - | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | 31.79 | 28.11 | 26.37 | 26.29 | 22.72 |
| Revenue growth (YoY) | +39.9% | - | - | - | - |
| Other income | 0.66 | 0.45 | 0.04 | 0.03 | 0.03 |
| Total expenses | 19.16 | 16.79 | 16.04 | 15.86 | 13.94 |
| EBITDA | 12.63 | 11.32 | 10.33 | 10.43 | 8.78 |
| EBITDA margin | +39.7% | +40.3% | +39.2% | +39.7% | +38.6% |
| Depreciation | 2.63 | 2.21 | 2.38 | 2.24 | 1.38 |
| Interest | 0.92 | 0.90 | 0.79 | 0.79 | 0.78 |
| Profit before tax | 9.74 | 8.66 | 7.20 | 7.43 | 6.65 |
| Tax | 2.46 | 2.16 | 1.80 | 1.97 | 1.61 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | 31.79 | 28.11 | 26.37 | 26.29 | 22.72 |
| Revenue growth (YoY) | +39.9% | - | - | - | - |
| Other income | 0.66 | 0.45 | 0.04 | 0.03 | 0.03 |
| Total expenses | 19.16 | 16.79 | 16.04 | 15.86 | 13.94 |
| EBITDA | 12.63 | 11.32 | 10.33 | 10.43 | 8.78 |
| EBITDA margin | +39.7% | +40.3% | +39.2% | +39.7% | +38.6% |
| Depreciation | 2.63 | 2.21 | 2.38 | 2.24 | 1.38 |
| Interest | 0.92 | 0.90 | 0.79 | 0.79 | 0.78 |
| Profit before tax | 9.74 | 8.66 | 7.20 | 7.43 | 6.65 |
| Tax | 2.46 | 2.16 | 1.80 | 1.97 | 1.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 104 | 71.34 | 48.13 | 26.98 | 15.59 | 5.52 |
| Revenue growth | +45.1% | +48.2% | +78.4% | +73.1% | +182.4% | - |
| Other income | 0.56 | 0.28 | 0.21 | 2.73 | 1.40 | 0.54 |
| Total expenses | 62.47 | 45.27 | 33.01 | 20.45 | 11.42 | 4.34 |
| Employee cost | 17.26 | 9.69 | 4.62 | 2.99 | 1.99 | 0.81 |
| EBITDA | 41.03 | 26.07 | 15.12 | 6.53 | 4.17 | 1.18 |
| EBITDA margin | +39.6% | +36.5% | +31.4% | +24.2% | +26.8% | +21.4% |
| Depreciation | 8.21 | 6.24 | 4.52 | 3.04 | 1.72 | 0.72 |
| Interest | 3.40 | 2.69 | 2.05 | 1.32 | 1.03 | 0.61 |
| Profit before tax | 29.98 | 17.42 | 8.76 | 4.90 | 2.82 | 0.39 |
| Tax | 7.54 | 4.42 | 2.20 | 1.30 | 0.72 | 0.10 |
| Net profit | 24.47 | 13.10 | 6.97 | 3.59 | 2.10 | 0.29 |
| Net profit margin | +23.6% | +18.4% | +14.5% | +13.3% | +13.5% | +5.3% |
| EPS (₹) | 10.99 | 130.12 | 65.52 | 36.08 | 2,091.64 | 296.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 20.40 | 1.00 | 1.00 | 1.00 | 0.01 | 0.01 |
| Reserves & surplus | 77.61 | 24.65 | 11.64 | 5.04 | 2.42 | 0.33 |
| Shareholders' funds (net worth) | 98.01 | 25.65 | 12.64 | 6.04 | 2.43 | 0.34 |
| Secured loans | 25.51 | 13.18 | 11.42 | 10.08 | 3.73 | 3.21 |
| Unsecured loans | 13.08 | 19.38 | 14.45 | 10.30 | 6.80 | 5.45 |
| Total debt | 38.59 | 32.56 | 25.87 | 20.38 | 10.53 | 8.66 |
| Total liabilities | 138 | 58.86 | 38.90 | 26.41 | 12.96 | 8.99 |
| Assets | ||||||
| Gross block | 67.69 | 52.62 | 35.54 | 27.49 | 15.64 | 8.08 |
| Net block | 48.81 | 39.43 | 27.06 | 22.35 | 13.18 | 7.34 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.60 | 0.60 | 0.27 | 0.27 |
| Inventories | 23.95 | 9.12 | 3.47 | 0.79 | 0.44 | 0.29 |
| Sundry debtors | 23.67 | 16.23 | 11.89 | 7.10 | 5.04 | 2.15 |
| Cash & bank balances | 43.18 | 0.54 | 0.32 | 0.23 | 0.09 | 0.31 |
| Loans & advances | 6.53 | 3.33 | 3.63 | 2.31 | 1.28 | 0.98 |
| Total current assets | 97.33 | 29.22 | 19.31 | 10.43 | 6.85 | 3.73 |
| Total current liabilities | 10.87 | 11.22 | 9.29 | 7.07 | 7.36 | 2.35 |
| Net working capital | 86.46 | 18.00 | 10.02 | 3.36 | (0.51) | 1.38 |
| Total assets | 138 | 58.86 | 38.90 | 26.41 | 12.96 | 8.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.52 | 0.32 | 0.22 | 0.09 | - | - |
| Net cash from operating activities | 11.53 | 14.35 | 6.45 | 4.52 | - | - |
| Net cash from investing activities | (63.47) | (18.15) | (9.80) | (12.96) | - | - |
| Net cash from financing activities | 51.55 | 4.00 | 3.45 | 8.57 | - | - |
| Net change in cash | (0.38) | 0.20 | 0.10 | 0.13 | - | - |
| Closing cash | 43.18 | 0.54 | 0.32 | 0.23 | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +45.1% | +48.2% | +78.4% | +73.1% | +182.4% | - |
| EBITDA growth | +57.4% | +72.4% | +131.6% | +56.6% | +253.4% | - |
| PBT growth | +72.1% | +98.9% | +78.8% | +73.8% | +623.1% | +9997.0% |
| Net income growth | +86.8% | +88.0% | +94.2% | +71.0% | +624.1% | - |
| Revenue CAGR (3Y) | +56.5% | +66.0% | +105.8% | - | - | - |
| EBITDA CAGR (3Y) | +84.5% | +84.2% | +134.0% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +21.7% | +18.2% | +13.6% | +13.3% | +13.5% | +5.3% |
| Return on capital employed | +33.9% | +41.2% | +33.1% | +31.6% | +35.1% | +11.2% |
| Return on net worth | +36.3% | +68.0% | +70.1% | +85.2% | +150.9% | +88.2% |
| Debt / equity | 0.58 | 1.53 | 2.48 | 3.65 | 6.93 | 25.47 |
| Long-term debt / equity | 0.12 | 0.22 | 0.41 | 0.61 | 1.28 | 6.61 |
| Interest cover | 10.36 | 13.57 | 19.34 | 37.82 | 42.04 | 132.61 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 1.72 | 1.62 | 1.53 | 1.25 | 1.31 | 0.68 |
| Inventory turnover | 6.26 | 11.33 | 22.60 | 43.87 | 42.71 | 19.03 |
| Debtors turnover | 5.19 | 5.07 | 5.07 | 4.44 | 4.34 | 2.57 |
| EPS (₹) | 10.99 | 130.12 | 65.52 | 36.08 | 2,091.64 | 296.65 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 48.04 | 256.49 | 126.37 | 60.37 | 2,429.05 | 337.41 |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Msafe Equipments Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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.
Current Directors
| 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 2 Months | Current |
| Rushil Agarwal Also directs: MGRV Enterprises Private Limited | Whole-Time Director | 19 Aug 2019 | 7 Years 2 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 |
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 |
|---|---|---|---|---|---|---|
| Msafe Equipments Limited this company | ₹103.5 Cr (FY 2026) | •••• | •••• | 45.1% | •••• | Delhi, India |
| 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% | •••• | Hyderabad, Telangana, 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 |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Shareholding Pattern of Msafe Equipments Limited
Shareholding for the quarter ended Sep 2026: promoters hold 73.20%, foreign institutional investors hold 2.20%, domestic institutional investors hold 7.60% and retail and other public shareholders hold 17.00%.
Sep 2026
QUARTER
73.20% Promoters
7.60% DII (Domestic Institutional)
2.20% FII (Foreign Institutional)
17.00% Retail & Others
Promoter holding - history
Now 73.20% · Sep 2026High 73.20% · Sep 2026Low 72.80% · Mar 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | |
|---|---|---|---|
| Promoters | 73.20% | 72.80% | 72.80% |
| Public | 26.80% | 27.20% | 27.20% |
Charges & Borrowings of Msafe Equipments Limited
Open charges
₹23.59 Cr
Satisfied charges
₹14.7 Cr
Breakdown by lending institutions
Latest charge details
| 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.
Total deals
7
Secondary share transfers
4
Market trades
2
IPO
1
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 |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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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.
Total cases
136
Filed by the company
134
Filed against the company
2
Pending
105
Disposed
31
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 |
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Full case history
All 136 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 | •••• | •••• | •••• |
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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
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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 count
49
Active EPFO establishments
1
Employee growth
2350%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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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.
Ceased
Rushil Agarwal ceased to be Director.
Appointed
Manish Kankani was appointed as Director.
Ceased
Manish Kankani ceased to be Additional Director.
Appointed
Vaibhav Mandhana was appointed as Director.
Ceased
Vaibhav Mandhana ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 101162301 was registered on 25 Aug 2025.
AGM
Msafe Equipments Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records.
Ceased
Rajni Ajay Kanoi ceased to be Director.
Ceased
Ajay Kanoi Kumar ceased to be Director.
Ceased
Pradeep Aggarwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101107566 was registered on 27 May 2025.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101100902 was registered on 22 May 2025.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Msafe Equipments Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Msafe Equipments Limited
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Corporate group structure
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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.
Total GSTINs
16
Active
14
Cancelled / inactive
2
| 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 |
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GST registrations and filing compliance
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MCA Filings & Documents of Msafe Equipments Limited
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Related news about Msafe Equipments Limited
Frequently Asked Questions about Msafe Equipments Limited
Msafe Equipments is an active public limited company based in 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. Listed on BSE: 544695.
Msafe Equipments reported revenue of ₹103.5 Cr for FY 2025-26 (up 45.1% YoY) based on standalone financials.
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
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.
Yes. Msafe Equipments is listed on BSE with code 544695.
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.
Yes, Msafe Equipments is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-02-0004747).