- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0008758

Safar Polyfurniture Private Limited
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
Recognitions & Rankings of Safar Polyfurniture
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 AddressSurvey No. 260/1 260/2 260/3 260/4 Plot No. 01 Bh. Satyam Furniture Vill – Jiyana, Rajkot, Gujarat, India – 360023
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Safar Polyfurniture 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
Brands
Safar Polyfurniture operates one associated brand: Safarpolyfurniture. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| safarpolyfurniture.com |
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic 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 availableSafar Polyfurniture Private Limited reported revenue of ₹6.83 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.02 Cr | ||||
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| Net Profit (PAT) | -₹2.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 29.6% | ||||
| Net Profit Margin | -0.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nileshkumar Jamnadas Bhalodia | Director | 17 Oct 2019 | 7 Years 0 Months | Current |
| Pareshkumar Ramniklal Bhalodia | Director | 17 Oct 2019 | 7 Years 0 Months | Current |
| Jignesh Parsottambhai Bhalodia | Director | 17 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Safar Polyfurniture Private Limited is audited by GHETIYA M. C. & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHETIYA M. C. & CO. | FY 2023 | 131273W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2020 | 100321387 | Others | ₹5.71 Cr | Open |
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.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Rights issue | ₹49 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Safar Polyfurniture Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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)
| Supplier | Amount due | Due since | Reported 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCCS7825H1Z9 | Gujarat | Active | 16 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.
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:
- Nileshkumar Jamnadas Bhalodia - Director
- Pareshkumar Ramniklal Bhalodia - Director
- Jignesh Parsottambhai Bhalodia - Director
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.

