India's Richest People 2026 edition · 1 director · Source: Hurun India
- #852 Rajendra Vallabhaji Gogri ₹3,500 Cr
Safechem Enterprises Private Limited
Safechem Enterprises Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company chemicals and materials
Revenue · FY 2025
₹13.43 Cr
▼ 68% YoY
Net loss · FY 2025
₹13.93 Cr
Net margin -103.7%
EBITDA · FY 2025
-₹11.23 Cr
EBITDA margin -83.6%
Authorised capital
₹12.5 Lakh
Registered with MCA
Paid-up capital
₹9.2 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
4
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Safechem Enterprises Private Limited
Data last updated:
Safechem Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 23 July 2003 and has been in existence for over 23 years.
Its director Rajendra Vallabhaji Gogri is #852 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2003PTC141443.
The company has an authorised share capital of ₹12.5 Lakh and a paid-up capital of ₹9.2 Lakh. It was formerly known as Indus Alliance Club Private Limited. It is led by directors including Mirik Rajendra Gogri and Renil Rajendra Gogri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gala No. 127 1st Floor Udyog Kshetra Mulund Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.43 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹13.93 Cr (net margin -103.7%) and EBITDA of -₹11.23 Cr (EBITDA margin -83.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 41% over five years.
Its group structure includes 1 subsidiary.
The company has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in June 2016. Its 10 peer companies in the BFSI industry (Other Financial Services) are compared by revenue, 5 larger and 5 smaller; the largest is Sita Investment Company Limited with revenue of ₹13.5 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24100MH2003PTC141443
Registration Number 141443
Incorporation Date 23 July 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Safechem Enterprises has one previous CIN (Corporate Identification Number): U55100MH2003PTC141443. The current CIN is U24100MH2003PTC141443, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH2003PTC141443 | Current |
| U55100MH2003PTC141443 | Previous |
Recognitions & Rankings of Safechem Enterprises
Contact details
Safechem Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala No. 127 1st Floor Udyog Kshetra Mulund Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Safechem Enterprises Private Limited, buy the company report.
Comprehensive company report
Safechem Enterprises 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
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Financials of Safechem Enterprises Private Limited
FY 2024 filings availableSafechem Enterprises Private Limited reported revenue of ₹13.43 Cr (down 68% YoY) for FY 2025.
Revenue · FY 2025
₹13.43 Cr ▼ 68%
Net loss · FY 2025
₹13.93 Cr margin -103.7%
EBITDA · FY 2025
-₹11.23 Cr margin -83.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▲ 3%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▼ 137%
3 years · compounded
▼ 46%
5 years · compounded
▼ 61%
Revenue fell 68% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 137% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.93 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83.6% | ||||
| Net Profit Margin | -103.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Safechem Enterprises Private Limited, buy the company report.
Board of directors of Safechem Enterprises Private Limited
Safechem Enterprises has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mirik Rajendra Gogri Also directs: Conventry Properties LLP, Relacion Trusteeship Services Private Limited, Plancess Edusolutions Private Limited and 5 more | Director | 06 Jun 2016 | 10 Years 4 Months | Current |
| Renil Rajendra Gogri | Director | 06 Jun 2016 | 10 Years 4 Months | Current |
| Arti Rajendra Gogri | Director | 06 Jun 2016 | 10 Years 4 Months | Current |
| Rajendra Vallabhaji Gogri | Director | 06 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Safechem Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sita Investment Company Limited | ₹13.5 Cr (FY 2025) | -9.0% | Raipur, Chhattisgarh, India | |||
| Renaissance Fiscal Services Private Limited | ₹13.5 Cr (FY 2025) | 63.0% | Ahmedabad, Gujarat, India | |||
| Cornerstone Property Investments Private Limited | ₹13.5 Cr (FY 2025) | -71.0% | Bengaluru, Karnataka, India | |||
| Mecheri Smart Capital Private Limited | ₹13.49 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Chandler and Price India Private Limited | ₹13.49 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Safechem Enterprises Private Limitedthis company | ₹13.43 Cr (FY 2025) | -₹13.93 Cr | -103.7% | -68.0% | Mumbai, Maharashtra, India | |
| Lavender Dealers Private Limited | ₹13.42 Cr (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Sanfin Technologies Private Limited | ₹13.42 Cr (FY 2025) | 116.0% | Mumbai, Maharashtra, India | |||
| Investorai Analytics India LLP | ₹13.4 Cr (FY 2023) | 128.0% | Bangalore, Karnataka, India | |||
| Copo Digital Services (India) Private Limited | ₹13.36 Cr (FY 2024) | 24.0% | Vasai, Maharashtra, India | |||
| Nerul Impex Private Limited | ₹13.36 Cr (FY 2019) | 19.0% | Pune, Maharashtra, India |
To see the full peer comparison of Safechem Enterprises Private Limited, buy the company report.
Auditor
Safechem Enterprises Private Limited is audited by GHALLA&BHANSALI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHALLA&BHANSALI | FY 2023 | 103142W |
Shareholding
The shareholding of Safechem Enterprises Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safechem Enterprises Private Limited, buy the company report.
Deals & funding
Safechem Enterprises Private Limited has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in June 2016.
Total deals
7
Secondary share transfers
6
Rights issue
1
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Devansh Ventures Limited Liability Partnership , 3 individuals |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Devansh Ventures Limited Liability Partnership Seller: Devansh Enterprises Private Limited. |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Devansh Enterprises Private Limited. Seller: 3 individuals |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Devansh Enterprises Private Limited. Seller: 2 individuals |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Devansh Enterprises Private Limited. Seller: Le-Shark Exports Private Limited , 3 individuals |
To see the full deal history of Safechem Enterprises Private Limited, buy the company report.
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 Safechem Enterprises 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 Safechem Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Safechem Enterprises has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Humming Whale Product Innovations Private Limited | U63000MH2013PTC240963 |
To see the full group structure of Safechem Enterprises Private Limited, buy the company report.
GST
No GST registration is on our record for Safechem Enterprises Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Safechem Enterprises Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Mahesh Shantilal Dharod ceased to be Director on 08 Jun 2016.
AGM
Safechem Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Safechem Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Mahesh Shantilal Dharod ceased to be Director.
Ceased
Vipul Ramesh Vira ceased to be Director.
Appointed
Arti Rajendra Gogri was appointed as Director.
Appointed
Mirik Rajendra Gogri was appointed as Director.
Appointed
Rajendra Vallabhaji Gogri was appointed as Director.
Appointed
Renil Rajendra Gogri was appointed as Director.
Ceased
Samir Pragji Shah ceased to be Director.
Incorporation
23 Jul 2003
Safechem Enterprises Private Limited was registered on 23 Jul 2003 with Roc Mumbai & aged 23 years 3 months as per MCA records.
Frequently asked questions
Safechem Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 23 July 2003 (23+ years old) and is registered under CIN U24100MH2003PTC141443.
Safechem Enterprises has 4 current directors:
- Mirik Rajendra Gogri - Director
- Renil Rajendra Gogri - Director
- Arti Rajendra Gogri - Director
- Rajendra Vallabhaji Gogri - Director
The latest financial statements of Safechem Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Safechem Enterprises is U24100MH2003PTC141443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safechem Enterprises was incorporated on 23 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Safechem Enterprises has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in June 2016.
The peers of Safechem Enterprises by revenue are Sita Investment Company Limited, Renaissance Fiscal Services Private Limited, Cornerstone Property Investments Private Limited, Mecheri Smart Capital Private Limited, Chandler and Price India Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Mahesh Shantilal Dharod ceased to be Director on 08 Jun 2016. Vipul Ramesh Vira ceased to be Director on 08 Jun 2016. Arti Rajendra Gogri was appointed as Director on 06 Jun 2016. Safechem Enterprises has 7 board changes on record in total.
The registered office of Safechem Enterprises is at Gala No. 127 1st Floor Udyog Kshetra Mulund Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080.
Safechem Enterprises operates in the chemicals and materials industry, in the industrial chemicals segment.
The compliance status of Safechem Enterprises is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.