About Safe Enviro Private Limited
Data last updated:
Safe Enviro Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Veolia India Private Limited. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 19 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51101GJ2015PTC083237. Its GSTIN is 24AAVCS8513N1ZK (Gujarat).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.01 Cr. It is led by directors including Hiral Parimal Desai and Yogesh Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor H.No. – 2/801 802 Hira Modi Sheri Bhandariwad Sagrampura, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.28 Cr, a growth of 128% compared to the previous year. For the same year it recorded a net profit of ₹11.23 Cr (net margin 11.3%) and EBITDA of ₹38.35 Cr (EBITDA margin 38.6%). Revenue has grown at a compounded annual rate (CAGR) of 482% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 debt financing), with disclosed funding of ₹200 Cr; the latest was in November 2024. Its 10 peer companies in the Cleantech industry (Recycling and Waste Treatment) are compared by revenue, 5 larger and 5 smaller; the largest is Frank Metals Recyclers Limited with revenue of ₹107.08 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 51 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website detoxgroup.in.
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- Website
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- Registered Address3rd Floor H.No. – 2/801 802 Hira Modi Sheri Bhandariwad Sagrampura, Surat, Gujarat, India – 395002
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Safe Enviro Private Limited
The main business activity of Safe Enviro is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Safe Enviro Private Limited FY 2025 filings available
Safe Enviro Private Limited reported revenue of ₹99.28 Cr (up 128% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Safe Enviro Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 482% over five years, including 128% growth in the latest year. EBITDA rose 231% 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 of Safe Enviro Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹38.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.23 Cr | •••• | •••• | •••• | •••• |
| 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 of Safe Enviro Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Safe Enviro are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Safe Enviro Private Limited
Safe Enviro Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frank Metals Recyclers Limited | ₹107.08 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | Delhi, India |
| Ecogreen Energy Lucknow Private Limited | ₹105.88 Cr (FY 2023) | •••• | •••• | 30.0% | •••• | Gurugram, Haryana, India |
| Kam Marketing Pvt Ltd | ₹102.9 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| Re Sustainability and Recycling Private Limited | ₹102.4 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| Exigo Recycling Private Limited | ₹102.27 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Safe Enviro Private Limited this company | ₹99.28 Cr (FY 2025) | •••• | •••• | 128.0% | •••• | Surat, Gujarat, India |
| DRK Recycling Private Limited | ₹98.98 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Kolkata, West Bengal, India |
| Back to Earth Private Limited | ₹98.85 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Jaipur, Rajasthan, India |
| Deshwal Waste Management Private Limited | ₹98.46 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Gurugram, Haryana, India |
| Primepressing Tools Private Limited | ₹97.25 Cr (FY 2022) | •••• | •••• | 153.0% | •••• | New Delhi, Delhi, India |
| Swayam Swachatta Initiative Private Limited | ₹97.11 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Safe Enviro by revenue in the Cleantech industry (Recycling and Waste Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Safe Enviro Private Limited
Safe Enviro Private Limited is audited by S R B C & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Safe Enviro Private Limited
Safe Enviro has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Parimal Desai Also directs: DG India Renewables LLP, Saurashtra Enviro Projects Private Limited, Detox India Private Limited and 5 more | Director | 21 Nov 2022 | 3 Years 10 Months | Current |
| Yogesh Gupta Also directs: Detox India Private Limited, Veolia India Private Limited | Director | 29 Aug 2022 | 4 Years 1 Months | Current |
| Himanshu Goel Also directs: Veolia India Private Limited, Nangloi Water Services Private Limited, Orange City Water Private Limited and 2 more | Director | 05 Apr 2022 | 4 Years 6 Months | Current |
| Guillaume Bertrand Marie Henri Dourdin Also directs: Detox India Private Limited, Veolia Water Services India Private Limited, Veolia India Private Limited and 3 more | Director | 02 Nov 2018 | 7 Years 11 Months | Current |
| Chetan Chandrakantbhai Contractor Also directs: DG India Renewables LLP, Brackish Water Aquaculture Private Limited, Artha Samriddhi Ventures Private Limited and 5 more | Director | 19 May 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Safe Enviro Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Safe Enviro Private Limited
Safe Enviro Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Safe Enviro Private Limited
Safe Enviro Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 debt financing), with disclosed funding of ₹200 Cr; the latest was in November 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Debt financing | ₹200 Cr | Investors: an individual |
| Jul 2019 | Rights issue | ₹20 Cr | Investors: Veolia India Private Limited , Saurashtra Enviro Projects Private Limited |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Veolia India Private Limited Seller: Saurashtra Enviro Projects Private Limited |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Saurashtra Enviro Projects Private Limited Seller: Detox Corporation Private Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Safe Enviro Private Limited
Safe Enviro Private Limited has 5 court cases on record: 1 filed by Safe Enviro, 2 filed against it, 2 where it is another party. 1 case is pending and 4 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 0 |
| High courts | 2 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (WPPIL) | Company is another party | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, New Delhi | Company appeal | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Court case (WPPIL) | Company is another party | Disposed |
| Supreme Court | Special leave petition | Filed by the company against State of Gujarat | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Safe Enviro Private Limited
Safe Enviro Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 51 overdue payments to 15 micro and small suppliers. 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 (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Pollucon Laboratories Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Safe Enviro Private Limited
Safe Enviro Private Limited has a workforce of 35 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Safe Enviro Private Limited
Safe Enviro Private Limited has 15 board changes on record since 2015: 5 appointments and 10 cessations. The latest: Chetan Chandrakantbhai Contractor ceased to be Director on 15 May 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Safe Enviro Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Safe Enviro Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Safe Enviro Private Limited
Safe Enviro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAVCS8513N1ZK | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Safe Enviro Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Safe Enviro Private Limited
Safe Enviro is an active private limited company based in Surat, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 19 May 2015 (11+ years old) and is registered under CIN U51101GJ2015PTC083237.
Safe Enviro reported revenue of ₹99.28 Cr for FY 2025 (up 128% YoY).
Safe Enviro has 5 current directors:
- Hiral Parimal Desai - Director
- Yogesh Gupta - Director
- Himanshu Goel - Director
- Guillaume Bertrand Marie Henri Dourdin - Director
- Chetan Chandrakantbhai Contractor - Director
Safe Enviro reported a net profit of ₹11.23 Cr (net margin 11.3%) and EBITDA of ₹38.35 Cr (EBITDA margin 38.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Safe Enviro is 482% over five years. In the latest year (FY 2025) revenue rose 128%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Safe Enviro is 24AAVCS8513N1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Safe Enviro is U51101GJ2015PTC083237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safe Enviro has 5 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the nclat.
Safe Enviro was incorporated on 19 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Safe Enviro has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 debt financing), with disclosed funding of ₹200 Cr; the latest was in November 2024.
The peers of Safe Enviro by revenue are Frank Metals Recyclers Limited, Ecogreen Energy Lucknow Private Limited, Kam Marketing Pvt Ltd, Re Sustainability and Recycling Private Limited, Exigo Recycling Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Chetan Chandrakantbhai Contractor ceased to be Director on 15 May 2025. Hiral Parimal Desai was appointed as Director on 21 Nov 2022. Gurpreet Brar ceased to be Director on 15 Nov 2022. Safe Enviro has 15 board changes on record in total.