Safas Enterprises Private Limited
About Safas Enterprises Private Limited
Data last updated:
Safas Enterprises Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U56210TN2005PTC055977. Its GSTIN is 33AAJCS7140R1ZS (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Mahadevan Ravi and Kalyani Rani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F 29 Spencer Plaza 769 Annasalai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹42.18 Lakh (net margin -41.5%) and EBITDA of -₹34.25 Lakh (EBITDA margin -33.7%). Revenue has declined at a compounded annual rate (CAGR) of 93% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹82 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Safas Enterprises has one previous CIN (Corporate Identification Number): U55101TN2005PTC055977. The current CIN is U56210TN2005PTC055977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U56210TN2005PTC055977 | Current |
| U55101TN2005PTC055977 | Previous |
Contact details
Safas Enterprises Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressF 29 Spencer Plaza 769 Annasalai, Chennai, Tamil Nadu, India – 600002
- IndustryFinancial Services, Real Estate Financing
- 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 activities of Safas Enterprises are real estate and trade. In detail, this covers real estate activities with own or leased property and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Safas Enterprises Private Limited, buy the company report.
Financials of Safas Enterprises Private Limited
FY 2025 filings availableSafas Enterprises Private Limited reported revenue of ₹1.02 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 23% fall in the latest year. EBITDA fell 242% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹34.25 Lakh | ||||
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| Net Profit (PAT) | -₹42.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.7% | ||||
| Net Profit Margin | -41.5% | ||||
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To see the full financial statements and ratios of Safas Enterprises Private Limited, buy the company report.
Board of directors of Safas Enterprises Private Limited
Safas Enterprises has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadevan Ravi | Director | 13 Apr 2005 | 21 Years 6 Months | Current |
| Kalyani Rani | Director | 31 Mar 2014 | 12 Years 7 Months | Current |
| Ravi Akash Mahadevan Also directs: Viva Futuristic Ventures Limited Liability Partnership | Director | 05 May 2023 | 3 Years 6 Months | Current |
Peer comparison
Safas Enterprises Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Agro Retail and Distribution, Real Estate Leasing, Restaurants), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vighnavinashak Real Estate Private Limited | ₹1.02 Cr (FY 2025) | 896.0% | Bhopal, Madhya Pradesh, India | |||
| Mai City Developers Private Limited | ₹1.02 Cr (FY 2024) | 161.0% | Lucknow, Uttar Pradesh, India | |||
| Safas Enterprises Private Limitedthis company | ₹1.02 Cr (FY 2024) | -₹42.18 Lakh | -41.5% | -23.0% | Chennai, Tamil Nadu, India | |
| Divyashree Company Private Limited | ₹1.01 Cr (FY 2025) | 17.0% | Ballabgarh, Haryana, India |
To see the full peer comparison of Safas Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101058948 | Others | ₹82 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Safas Enterprises Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company | Pending |
To see the full case history of Safas Enterprises 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 Safas Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Safas Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS7140R1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safas Enterprises Private Limited, buy the company report.
Recent activity
Safas Enterprises Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Ravi Akash Mahadevan ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Safas Enterprises is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 April 2005 (21+ years old) and is registered under CIN U56210TN2005PTC055977.
Safas Enterprises has 3 current directors:
- Mahadevan Ravi - Director
- Kalyani Rani - Director
- Ravi Akash Mahadevan - Director
The latest financial statements of Safas Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Safas Enterprises is 33AAJCS7140R1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Safas Enterprises is U56210TN2005PTC055977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safas Enterprises has 1 court case on record: 1 filed against it. 1 is pending.
Safas Enterprises was incorporated on 13 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Safas Enterprises by revenue are Vighnavinashak Real Estate Private Limited, Mai City Developers Private Limited, Divyashree Company Private Limited, all in the Consumer Services industry (Agro Retail and Distribution, Real Estate Leasing, Restaurants), with the same principal business activity (real estate activities with own or leased property).
Ravi Akash Mahadevan ceased to be Additional Director on 29 Sep 2023. Ravi Akash Mahadevan was appointed as Director on 05 May 2023. Kalyani Rani was appointed as Director on 31 Mar 2014. Safas Enterprises has 7 board changes on record in total.
The registered office of Safas Enterprises is at F 29 Spencer Plaza 769 Annasalai, Chennai, Tamil Nadu, India – 600002.
Safas Enterprises operates in the financial services industry, in the real estate financing segment.
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