- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0055001

About Safa Food Products Private Limited
Data last updated:
Safa Food Products Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 17 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15134KA2001PTC028467. Its GSTIN is 29AAFCS8895P1Z1 (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹18.1 Lakh. It is led by directors including Syed Aga Mateen (Managing Director) and Rahat Maved Zamani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 47 Eureka Buildings I Floor Church Street Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.62 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.58 Cr (net margin -97.3%) and EBITDA of -₹14.35 Lakh (EBITDA margin -8.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 9% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.27 Cr and satisfied charges of ₹95 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Safa Food Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0055001). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fairyfoods.com.
Company details
Recognitions & Rankings of Safa Food Products
Contact details
Safa Food Products Private Limited's registered office is in Bangalore, Karnataka. Its website is fairyfoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address47 Eureka Buildings I Floor Church Street Bangalore, Karnataka, India – 560001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Safa Food Products 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 Safa Food Products is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Safa Food Products Private Limited, buy the company report.
Financials of Safa Food Products Private Limited
FY 2022 filings availableSafa Food Products Private Limited reported revenue of ₹1.62 Cr (down 15% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 55% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.58 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.9% | ||||
| Net Profit Margin | -97.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Safa Food Products Private Limited, buy the company report.
Board of directors of Safa Food Products Private Limited
Safa Food Products has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syed Aga Mateen Also directs: Fairy Food Products Private Limited, Lotus Clothings Private Limited, The Bangalore Fruit Commission Agents Assciation. and 1 more | Managing Director | 17 Jan 2001 | 25 Years 9 Months | Current |
| Rahat Maved Zamani Also directs: Fairy Food Products Private Limited | Director | 17 Jan 2001 | 25 Years 9 Months | Current |
| Syed Tanzil Aga | Director | 17 Jan 2001 | 25 Years 9 Months | Current |
| Syed Aga Tanzeem | Director | 17 Jan 2001 | 25 Years 9 Months | Current |
Auditor
Safa Food Products Private Limited is audited by S M IRSHAD AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M IRSHAD AND CO | FY 2022 | 012024S |
Shareholding
The shareholding of Safa Food Products Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safa Food Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2020 | 100364438 | Others | ₹1.11 Cr | Open | |
| 12 May 2016 | 100029908 | The Jammu and Kashmir Bank Limited | ₹23.64 Cr | Open | |
| 22 May 2015 | 10573261 | Andhra Bank | ₹2.32 Lakh | Open | |
| 23 May 2001 | 80037728 | The Jammu & Kashmir Bank Limited | ₹11.5 Cr | Open | |
| 06 May 2015 | 10571887 | Andhra Bank | ₹95 Lakh | Satisfied |
To see the full charge records of Safa Food Products Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Safa Food Products Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Civil suit | Filed against the company by The X S Beverage Co. and 1 other | Pending |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by The X S Beverage Co. and Another | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by The X S Beverage Co. and Anr | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by The X S Beverage Co. and Anr | Disposed |
| District court, Kamrup Metro, Assam | Civil suit | Filed against the company by The X S Beverage Co. and 1 other | Disposed |
To see the full case history of Safa Food Products 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 Safa Food Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safa Food Products Private Limited has a workforce of 10 employees on its EPFO records as of Jun 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 10 |
| FY 2017-18 |
To see the full employee and EPFO history of Safa Food Products Private Limited, buy the company report.
GST
Safa Food Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS8895P1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safa Food Products Private Limited, buy the company report.
Recent activity
Safa Food Products Private Limited has 5 board changes on record since 2001: 4 appointments and 1 cessation. The latest: Syed Tahzim Aga ceased to be Director on 25 May 2019.
4 earlier events are in the company report.
Frequently asked questions
Safa Food Products is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 17 January 2001 (25+ years old) and is registered under CIN U15134KA2001PTC028467.
Safa Food Products has 4 current directors:
- Syed Aga Mateen - Managing Director
- Rahat Maved Zamani - Director
- Syed Tanzil Aga - Director
- Syed Aga Tanzeem - Director
The latest financial statements of Safa Food Products on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Safa Food Products is 29AAFCS8895P1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Safa Food Products is U15134KA2001PTC028467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safa Food Products has 5 court cases on record: 5 filed against it. 1 is pending.
Safa Food Products was incorporated on 17 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Syed Tahzim Aga ceased to be Director on 25 May 2019. Rahat Maved Zamani was appointed as Director on 17 Jan 2001. Syed Aga Mateen was appointed as Managing Director on 17 Jan 2001. Safa Food Products has 5 board changes on record in total.
Yes, Safa Food Products is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0055001).
Safa Food Products can be reached through the website fairyfoods.com. Its registered office is in Bangalore, Karnataka, India.

