Safe Associates Private Limited
About Safe Associates Private Limited
Data last updated:
Safe Associates Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 21 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51109OR2006PTC008826. Its GSTIN is 21AALCS0946D1ZO (Odisha).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.2 Lakh. It is led by directors Santosh Kumar Patro and Sasmita Patro.
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 Plot No – 1264 Ground Floor Road No. – 8 Unit – 9 Bhubaneswar, Odisha, India – 751022.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.27 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net loss of ₹46,980 (net margin -0.4%) and EBITDA of ₹15,890 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 7% over five years.
The company has about 215 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹54 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Safe Associates Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 1264 Ground Floor Road No. – 8 Unit – 9 Bhubaneswar, Odisha, India – 751022
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Safe Associates 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 Safe Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Safe Associates Private Limited, buy the company report.
Financials of Safe Associates Private Limited
FY 2025 filings availableSafe Associates Private Limited reported revenue of ₹1.27 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 46% growth in the latest year. EBITDA fell 70% 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 | ₹15,890 | ||||
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| Net Profit (PAT) | -₹46,980 | ||||
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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 | 0.1% | ||||
| Net Profit Margin | -0.4% | ||||
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To see the full financial statements and ratios of Safe Associates Private Limited, buy the company report.
Board of directors of Safe Associates Private Limited
Safe Associates has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Patro Also directs: Grassland Herbs and Agro Foods Private Limited | Director | 21 Jul 2006 | 20 Years 3 Months | Current |
| Sasmita Patro | Director | 01 Apr 2008 | 18 Years 7 Months | Current |
Peer comparison
Safe Associates Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infinite Education & Healthcare Private Limited | ₹1.28 Cr (FY 2025) | 14.0% | Sahibabad, Uttar Pradesh, India | |||
| Diya Healthcare Private Limited | ₹1.28 Cr (FY 2024) | -24.0% | Chandigarh, India | |||
| Aarka Medicare Private Limited | ₹1.27 Cr (FY 2025) | -71.0% | Hyderabad, Telangana, India | |||
| Safe Associates Private Limitedthis company | ₹1.27 Cr (FY 2025) | -₹46,980 | -0.4% | 46.0% | 215 | Bhubaneswar, Odisha, India |
| Avis Biotec Private Limited | ₹1.27 Cr (FY 2024) | -14.0% | Jaipur, Rajasthan, India | |||
| Naturegift Wellness Private Limited | ₹1.26 Cr (FY 2023) | -12.0% | Sancoale, Goa, India |
To see the full peer comparison of Safe Associates Private Limited, buy the company report.
Auditor
Safe Associates Private Limited is audited by MDC AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MDC AND ASSOCIATES | FY 2017 | 322691E |
Shareholding
The shareholding of Safe Associates Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Safe Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2010 | 10196689 | State Bank of India | ₹48 Lakh | Satisfied | |
| 28 Nov 2007 | 10079094 | Bank of India | ₹6 Lakh | Satisfied |
To see the full charge records of Safe Associates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Safe Associates 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
No delayed payments to MSME suppliers are on our record for Safe Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safe Associates Private Limited has a workforce of 215 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 215 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Safe Associates Private Limited, buy the company report.
GST
Safe Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AALCS0946D1ZO | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safe Associates Private Limited, buy the company report.
Recent activity
Safe Associates Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Ajit Kumar Mishra ceased to be Director on 22 Mar 2017.
2 earlier events are in the company report.
Frequently asked questions
Safe Associates is an active private limited company based in Bhubaneswar, Odisha, India. The company works in retailers, within the trading industry. It was incorporated on 21 July 2006 (20+ years old) and is registered under CIN U51109OR2006PTC008826.
Safe Associates has 2 current directors:
- Santosh Kumar Patro - Director
- Sasmita Patro - Director
The latest financial statements of Safe Associates 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 Safe Associates is 21AALCS0946D1ZO, registered in Odisha.
The CIN (Corporate Identification Number) of Safe Associates is U51109OR2006PTC008826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safe Associates was incorporated on 21 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Safe Associates by revenue are Infinite Education & Healthcare Private Limited, Diya Healthcare Private Limited, Aarka Medicare Private Limited, Avis Biotec Private Limited, Naturegift Wellness Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Ajit Kumar Mishra ceased to be Director on 22 Mar 2017. Rasmita Patnaik ceased to be Director on 22 Mar 2017. Sushrita Mishra ceased to be Director on 22 Mar 2017. Safe Associates has 6 board changes on record in total.
The registered office of Safe Associates is at Plot No – 1264 Ground Floor Road No. – 8 Unit – 9 Bhubaneswar, Odisha, India – 751022.
Safe Associates operates in the trading industry, in the retailers segment.
Safe Associates has no open charges and satisfied charges of ₹54 Lakh as per latest MCA filings.
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