About Safex Electromech Private Limited
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Safex Electromech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ1992PTC017751. Its GSTIN is 24AABCS5535N1Z4 (Gujarat).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹22.6 Lakh. It is led by directors including Kruti Suryakant Bhatia and Suryakant Chimanlal Bhatia.
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 7608 GIDC Industrial Estate Phase 4 Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.75 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹98.51 Lakh (net margin 3%) and EBITDA of ₹1.99 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.47 Cr and satisfied charges of ₹4 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safexelectromech.com.
Company details
Contact details
Safex Electromech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is safexelectromech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 7608 GIDC Industrial Estate Phase 4 Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Safex Electromech 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 Safex Electromech 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 Safex Electromech Private Limited, buy the company report.
Financials of Safex Electromech Private Limited
FY 2025 filings availableSafex Electromech Private Limited reported revenue of ₹32.75 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 2% growth in the latest year. EBITDA fell 38% 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 | ₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.51 Lakh | ||||
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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 | 6.1% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Safex Electromech Private Limited, buy the company report.
Board of directors of Safex Electromech Private Limited
Safex Electromech has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kruti Suryakant Bhatia | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
| Suryakant Chimanlal Bhatia | Director | 01 Jun 1992 | 34 Years 5 Months | Current |
| Pushpa Suryakant Bhatia | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
| Janki Suryakant Bhatia | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Safex Electromech Private Limited is audited by BCM ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BCM ASSOCIATES | FY 2023 | FRN 100808W |
Shareholding
The shareholding of Safex Electromech 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safex Electromech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2025 | 101084136 | Bank of India | ₹20 Lakh | Open | |
| 19 Feb 2024 | 100904730 | Bank of India | ₹20 Lakh | Open | |
| 25 Sep 2014 | 10528436 | Axis Bank Limited | ₹4 Cr | Open | |
| 19 Sep 2012 | 10381912 | Bank of India | ₹4 Lakh | Open | |
| 18 Sep 2012 | 10381911 | Bank of India | ₹3 Lakh | Open |
To see the full charge records of Safex Electromech Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Safex Electromech Private Limited has 6 court cases on record: 2 filed by Safex Electromech, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against S.N.S. Security Services and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Ahmedabad Municipal Corporation | Disposed |
To see the full case history of Safex Electromech 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 Safex Electromech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safex Electromech Private Limited has a workforce of 112 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Safex Electromech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCS5535N1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safex Electromech Private Limited, buy the company report.
Recent activity
Safex Electromech Private Limited has 8 board changes on record since 1992: 6 appointments and 2 cessations. The latest: Janki Suryakant Bhatia was appointed as Director on 15 Mar 2012.
7 earlier events are in the company report.
Frequently asked questions
Safex Electromech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 June 1992 (34+ years old) and is registered under CIN U29309GJ1992PTC017751.
Safex Electromech has 4 current directors:
- Kruti Suryakant Bhatia - Director
- Suryakant Chimanlal Bhatia - Director
- Pushpa Suryakant Bhatia - Director
- Janki Suryakant Bhatia - Director
The latest financial statements of Safex Electromech 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 Safex Electromech is 24AABCS5535N1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Safex Electromech is U29309GJ1992PTC017751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safex Electromech has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
Safex Electromech was incorporated on 01 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Janki Suryakant Bhatia was appointed as Director on 15 Mar 2012. Kaminiben Yogesh Shah ceased to be Director on 15 Mar 2012. Kruti Suryakant Bhatia was appointed as Director on 15 Mar 2012. Safex Electromech has 8 board changes on record in total.
Safex Electromech can be reached through the website safexelectromech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Safex Electromech is at Plot No 7608 GIDC Industrial Estate Phase 4 Vatva, Ahmedabad, Gujarat, India – 382445.
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