Safar Polyfurniture Private Limited

Safar Polyfurniture Private Limited - consumer electronics & durables in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U36100GJ2019PTC110366 Incorporated 17 October 2019 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2025
₹6.83 Cr
▼ 27% YoY
Net loss · FY 2025
₹2.17 Lakh
Net margin -0.3%
EBITDA · FY 2025
₹2.02 Cr
EBITDA margin 29.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹5.71 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings

About Safar Polyfurniture Private Limited

Data last updated:

Safar Polyfurniture Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 17 October 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36100GJ2019PTC110366. Its GSTIN is 24ABCCS7825H1Z9 (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Nileshkumar Jamnadas Bhalodia and Pareshkumar Ramniklal Bhalodia.

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 260/1 260/2 260/3 260/4 Plot No. 01 Bh. Satyam Furniture Vill – Jiyana, Rajkot, Gujarat, India – 360023.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.83 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Lakh (net margin -0.3%) and EBITDA of ₹2.02 Cr (EBITDA margin 29.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.

The company is associated with 1 brand: Safarpolyfurniture. As per MCA filings, the company has open charges of ₹5.71 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in January 2020. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier.

Safar Polyfurniture Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0008758).

Company details

CIN U36100GJ2019PTC110366
Registration Number 110366
Incorporation Date 17 October 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0008758

Recognitions & Rankings of Safar Polyfurniture

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-20-0008758

Contact details

Safar Polyfurniture Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Survey No. 260/1 260/2 260/3 260/4 Plot No. 01 Bh. Satyam Furniture Vill – Jiyana, Rajkot, Gujarat, India – 360023
  • Industry
    Consumer Electronics & Durables, Furniture Manufacturing

To see the full contact details of Safar Polyfurniture Private Limited, buy the company report.

Comprehensive company report
Safar Polyfurniture 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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Brands

Safar Polyfurniture operates one associated brand: Safarpolyfurniture. Each brand links to its own profile.

Business activity

The main business activity of Safar Polyfurniture is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Safar Polyfurniture Private Limited, buy the company report.

Financials of Safar Polyfurniture Private Limited

FY 2025 filings available

Safar Polyfurniture Private Limited reported revenue of ₹6.83 Cr (down 27% YoY) for FY 2025.

Revenue · FY 2025
₹6.83 Cr ▼ 27%
Net loss · FY 2025
₹2.17 Lakh margin -0.3%
EBITDA · FY 2025
₹2.02 Cr margin 29.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 1%
5 years · compounded
▲ 151%

Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 27% fall in the latest year. EBITDA fell 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.17 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin29.6%
Net Profit Margin-0.3%
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

To see the full financial statements and ratios of Safar Polyfurniture Private Limited, buy the company report.

Board of directors of Safar Polyfurniture Private Limited

Safar Polyfurniture has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nileshkumar Jamnadas BhalodiaDirector17 Oct 20197 Years 0 MonthsCurrent
Pareshkumar Ramniklal BhalodiaDirector17 Oct 20197 Years 0 MonthsCurrent
Jignesh Parsottambhai BhalodiaDirector17 Oct 20197 Years 0 MonthsCurrent

Auditor

Safar Polyfurniture Private Limited is audited by GHETIYA M. C. & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GHETIYA M. C. & CO.FY 2023131273W

Shareholding

The shareholding of Safar Polyfurniture Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Safar Polyfurniture Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.71 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.71 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jan 2020100321387Others₹5.71 CrOpen

To see the full charge records of Safar Polyfurniture Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Safar Polyfurniture Private Limited has 1 deal on record (1 rights issue); the latest was in January 2020.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2020Rights issue₹49 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Safar Polyfurniture Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Deepjyot Engineers Private Limited

To see the full MSME payment records of Safar Polyfurniture Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Safar Polyfurniture has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24ABCCS7825H1Z9GujaratActive16 Nov 2019

To see the full GST registrations and return filing status of Safar Polyfurniture Private Limited, buy the company report.

Recent activity

Safar Polyfurniture Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Jignesh Parsottambhai Bhalodia was appointed as Director on 17 Oct 2019.

AGM
Safar Polyfurniture Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Safar Polyfurniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 571.00 Lakh registered on 23 Jan 2020 with Charge ID 100321387 was modified on 09 Oct 2024.
Charges
A charge with Others amounted to Rs. 571.00 Lakh with Charge ID 100321387 was registered on 23 Jan 2020.
Appointed
Jignesh Parsottambhai Bhalodia was appointed as Director.
Appointed
Nileshkumar Jamnadas Bhalodia was appointed as Director.
Appointed
Pareshkumar Ramniklal Bhalodia was appointed as Director.
Incorporation
17 Oct 2019
Safar Polyfurniture Private Limited was registered on 17 Oct 2019 with Roc Ahmedabad & aged 7 years 27 days as per MCA records.

Frequently asked questions

Safar Polyfurniture is an active private limited company based in Rajkot, Gujarat, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 17 October 2019 (7+ years old) and is registered under CIN U36100GJ2019PTC110366.

Safar Polyfurniture has 3 current directors:

The latest financial statements of Safar Polyfurniture on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Safar Polyfurniture is 24ABCCS7825H1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Safar Polyfurniture is U36100GJ2019PTC110366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Safar Polyfurniture was incorporated on 17 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Safar Polyfurniture has 1 deal on record (1 rights issue); the latest was in January 2020.

Jignesh Parsottambhai Bhalodia was appointed as Director on 17 Oct 2019. Nileshkumar Jamnadas Bhalodia was appointed as Director on 17 Oct 2019. Pareshkumar Ramniklal Bhalodia was appointed as Director on 17 Oct 2019.

Yes, Safar Polyfurniture is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0008758).

Safar Polyfurniture has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 17 Sep 2020.

The registered office of Safar Polyfurniture is at Survey No. 2601 2602 2603 2604 Plot No. 01 Bh. Satyam Furniture Vill – Jiyana, Rajkot, Gujarat, India – 360023.