MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-09-0002993
Safe System India Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.21 Cr
▲ 12% YoY
Net profit · FY 2024
₹1.7 Cr
Net margin 6.5%
EBITDA · FY 2024
₹3.03 Cr
EBITDA margin 11.6%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹10.5 Cr
Issued & subscribed
Open charges
₹90.07 Cr
Satisfied ₹38.95 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
17
Provident fund records
About Safe System India Private Limited
Data last updated:
Safe System India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 21 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC057033. Its GSTIN is 07AABCS4402N1ZC (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.5 Cr. It was formerly known as Safe Systems India Private Limited. It is led by directors including Renu Verma and Sunil Kumar Verma.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 156 Dcidc Okhla Indusrial Area Phase I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.21 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Cr (net margin 6.5%) and EBITDA of ₹3.03 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 3% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Safe System India. As per MCA filings, the company has open charges of ₹90.07 Cr and satisfied charges of ₹38.95 Cr on record. Court records list 25 cases involving the company, including 20 filed by the company and 5 filed against it; 2 cases are pending.
Safe System India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0002993). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safesystems.in.
Company details
CIN U74899DL1994PTC057033
Registration Number 057033
Incorporation Date 21 January 1994
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-09-0002993
Recognitions & Rankings of Safe System India
Contact details
Safe System India Private Limited's registered office is in New Delhi, Delhi. Its website is safesystems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address156 Dcidc Okhla Indusrial Area Phase I, New Delhi, Delhi, India – 110020
- IndustryManufacturing, Cable & Wire
To see the full contact details of Safe System India Private Limited, buy the company report.
Comprehensive company report
Safe System India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Safe System India operates one associated brand: Safe System India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial cable accessories and components in India. | safesystems.in |
Business activity
The main business activity of Safe System India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Safe System India Private Limited, buy the company report.
Financials of Safe System India Private Limited
FY 2024 filings availableSafe System India Private Limited reported revenue of ₹26.21 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹26.21 Cr ▲ 12%
Net profit · FY 2024
₹1.7 Cr margin 6.5%
EBITDA · FY 2024
₹3.03 Cr margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 19%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 15%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 12% growth in the latest year. EBITDA rose 79% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.7 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 Safe System India Private Limited, buy the company report.
Board of directors of Safe System India Private Limited
Safe System India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Verma Also directs: SHBD LLP, Ic Electricals Company Limited, Safe Coils India Private Limited. and 1 more | Director | 19 Feb 2015 | 11 Years 8 Months | Current |
| Sunil Kumar Verma Also directs: SHBD LLP, Ic Electricals Company Limited, Safe Coils India Private Limited. and 1 more | Director | 21 Jan 1994 | 32 Years 9 Months | Current |
| Savita Sachdeva Also directs: Ic Electricals Company Limited, Safe Coils India Private Limited. | Director | 19 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Safe System India Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khandelwal Wires & Electricals Private Limited | ₹26.28 Cr (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Vilvex Cables Private Limited | ₹26.24 Cr (FY 2025) | 177.0% | Thrissur, Kerala, India | |||
| Safe System India Private Limitedthis company | ₹26.21 Cr (FY 2024) | ₹1.7 Cr | 6.5% | 12.0% | 17 | New Delhi, Delhi, India |
| Fybyte Technology Private Limited | ₹26.19 Cr (FY 2024) | Greater Noida, Uttar Pradesh, India | ||||
| NN Overseas Private Limited | ₹26.12 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Optima Diamond Tools Private Limited | ₹26.07 Cr (FY 2025) | 6.0% | Waghodia, Gujarat, India |
To see the full peer comparison of Safe System India Private Limited, buy the company report.
Auditor
Safe System India Private Limited is audited by KGAR & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KGAR & Co. | FY 2024 | 024525N |
Shareholding
The shareholding of Safe System India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Safe System India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90.07 Cr
Satisfied charges
₹38.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2024 | 100952510 | Others | ₹10 Cr | Open | |
| 04 May 2023 | 100738480 | Hdfc Bank Limited | ₹19.91 Lakh | Open | |
| 30 Apr 2020 | 100334985 | Others | ₹2.2 Cr | Open | |
| 02 Feb 2019 | 100241491 | Others | ₹3 Cr | Open | |
| 25 Oct 2013 | 10457622 | Others | ₹74.67 Cr | Open |
To see the full charge records of Safe System India Private Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
Safe System India Private Limited has 25 court cases on record: 20 filed by Safe System India, 5 filed against it. 2 cases are pending and 23 are disposed.
Total cases
25
Filed by the company
20
Filed against the company
5
Pending
2
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 0 | 0 |
| District courts | 12 | 5 | 2 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Commercial matter | Filed against the company by M/S Khatri Castings Private Limited C/O Mahendra G Khatri | Pending |
| District court, Valsad, Gujarat | Court case (SPCS) | Filed against the company by M/S Khatri Castings Private Limited C/O Mahendra G Khatri | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Cheque dishonour complaint | Filed against the company by Royal Balaji Engineering Private Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by M/S Pankaj Electricals | Pending |
| High Court of Delhi | Appeal | Filed by the company against State Govt. of NCT of Delhi & Ors. | Disposed |
To see the full case history of Safe System India 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
Safe System India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 9 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Concord Control Systems Limited |
To see the full MSME payment records of Safe System India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Safe System India has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Safe System India Private Limited has a workforce of 17 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.
Employee count
17
Active EPFO establishments
2
Employee growth
-41.38%
GST
Safe System India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCS4402N1ZC | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safe System India Private Limited, buy the company report.
Recent activity
Safe System India Private Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Tilak Raj Sachdeva ceased to be Director on 28 Jul 2016.
Charges
A charge registered on 04 Dec 2019 via Charge ID 100308048 with Others was fully satisfied on 30 Oct 2025.
Charges
A charge with Others of Rs. 74.67 Cr registered on 25 Oct 2013 with Charge ID 10457622 was modified on 13 Aug 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 10 Jun 2024 with Charge ID 100952510 was modified on 19 Feb 2025.
AGM
Safe System India Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Charges
A charge registered on 16 Feb 2023 via Charge ID 100687974 with Hdfc Bank Limited was fully satisfied on 31 Aug 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100952510 was registered on 10 Jun 2024.
Filing
Safe System India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100738480 was registered on 04 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 100687974 was registered on 16 Feb 2023.
Charges
A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100334985 was registered on 30 Apr 2020.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100308048 was registered on 04 Dec 2019.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100241491 was registered on 02 Feb 2019.
55 earlier events are in the company report.
Frequently asked questions
Safe System India is an active private limited company based in New Delhi, Delhi, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 21 January 1994 (32+ years old) and is registered under CIN U74899DL1994PTC057033.
Safe System India has 3 current directors:
- Renu Verma - Director
- Sunil Kumar Verma - Director
- Savita Sachdeva - Director
The latest financial statements of Safe System India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Safe System India is 07AABCS4402N1ZC, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Safe System India is U74899DL1994PTC057033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safe System India has 25 court cases on record: 20 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Safe System India was incorporated on 21 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Safe System India by revenue are Khandelwal Wires & Electricals Private Limited, Vilvex Cables Private Limited, Fybyte Technology Private Limited, NN Overseas Private Limited, Optima Diamond Tools Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Tilak Raj Sachdeva ceased to be Director on 28 Jul 2016. Renu Verma was appointed as Director on 19 Feb 2015. Savita Sachdeva was appointed as Director on 19 Feb 2015. Safe System India has 5 board changes on record in total.
Yes, Safe System India is registered as a small enterprise under Udyam registration (number: UDYAM-DL-09-0002993).
Safe System India has 9 MSME Form 1 returns on record between 2019 and 2024, listing 9 overdue payments to 2 micro and small suppliers. The latest return was filed on 11 May 2024.
Safe System India can be reached through the website safesystems.in. Its registered office is in New Delhi, Delhi, India.