Safex Engineers Private Limited

Safex Engineers Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29199GJ1989PTC012044 Incorporated 27 March 1989 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Revenue · FY 2024
₹4.78 Cr
▼ 30% YoY
Net profit · FY 2024
₹10.77 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹20.76 Lakh
EBITDA margin 4.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹48.59 Lakh
Issued & subscribed
Open charges
₹1.56 Cr
Satisfied ₹88 Lakh
Company age
37 yrs
Est. 1989
Employees · EPFO
20
Provident fund records

About Safex Engineers Private Limited

Data last updated:

Safex Engineers 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 27 March 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1989PTC012044. Its GSTIN is 24AABCS5537Q1ZW (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.59 Lakh. It is led by directors including Jasbir Sant Singh and Neeta Jasbir Singh.

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 Plot No 1404 Phase III Gidcvatwa, Ahmedabad, Gujarat, India – 382445.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.78 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹10.77 Lakh (net margin 2.3%) and EBITDA of ₹20.76 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: SAFEX. As per MCA filings, the company has open charges of ₹1.56 Cr and satisfied charges of ₹88 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company.

Safex Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0014392). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safexengineers.com.

Company details

CIN U29199GJ1989PTC012044
Registration Number 012044
Incorporation Date 27 March 1989
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0014392
Key People
Jasbir Sant Singh Director Neeta Jasbir Singh Director Maya Mohan Assudani Director

Recognitions & Rankings of Safex Engineers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0014392

Contact details

Safex Engineers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is safexengineers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    safexengineers.com
  • Social Media
  • Registered Address
    Plot No 1404 Phase III Gidcvatwa, Ahmedabad, Gujarat, India – 382445
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Safex Engineers Private Limited, buy the company report.

Comprehensive company report
Safex Engineers 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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Secure checkout · GST invoice included

Brands

Safex Engineers operates one associated brand: SAFEX. Each brand links to its own profile.

BrandDescriptionWebsite
SAFEX
Manufacturing of cranes and material handling equipment for various industries in India.safexengineers.com

Business activity

The main business activity of Safex Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Safex Engineers Private Limited, buy the company report.

Financials of Safex Engineers Private Limited

FY 2024 filings available

Safex Engineers Private Limited reported revenue of ₹4.78 Cr (down 30% YoY) for FY 2024.

Revenue · FY 2024
₹4.78 Cr ▼ 30%
Net profit · FY 2024
₹10.77 Lakh margin 2.3%
EBITDA · FY 2024
₹20.76 Lakh margin 4.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 5%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 6%
5 years · compounded
▲ 3%

Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 4% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹20.76 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.77 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.3%
Net Profit Margin2.3%
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

To see the full financial statements and ratios of Safex Engineers Private Limited, buy the company report.

Board of directors of Safex Engineers Private Limited

Safex Engineers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jasbir Sant Singh
Also directs: Safex Energy Private Limited
Director22 Jul 20215 Years 3 MonthsCurrent
Neeta Jasbir Singh
Also directs: Safex Energy Private Limited
Director15 Mar 201214 Years 7 MonthsCurrent
Maya Mohan Assudani
Also directs: Safex Energy Private Limited
Director15 Mar 201214 Years 7 MonthsCurrent
Mohan Khemchand Assudani
Also directs: Safex Energy Private Limited
Director27 Mar 198937 Years 7 MonthsCurrent
View all directors

Auditor

Safex Engineers Private Limited is audited by BCM ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BCM ASSOCIATESFY 2023FRN 100808W

Shareholding

The shareholding of Safex Engineers 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Safex Engineers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.56 Cr
Satisfied charges
₹88 Lakh
Breakdown by lending institutions
Axis Bank Limited₹1.50 Cr
Bank of India₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 201410488656Axis Bank Limited₹1.5 CrOpen
06 Apr 199290108871Bank of India₹6 LakhOpen
25 Jul 200190110334Bank of India₹88 LakhSatisfied

To see the full charge records of Safex Engineers Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Safex Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Safex Engineers Private Limited has a workforce of 20 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
20
Active EPFO establishments
2
Employee growth
11.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2720
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 Safex Engineers Private Limited, buy the company report.

GST

Safex Engineers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCS5537Q1ZWGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Safex Engineers Private Limited, buy the company report.

Recent activity

Safex Engineers Private Limited has 7 board changes on record since 1989: 4 appointments and 3 cessations. The latest: Jasbir Sant Singh ceased to be Additional Director on 30 Sep 2022.

AGM
Safex Engineers Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Safex Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Jasbir Sant Singh ceased to be Additional Director.
Appointed
Jasbir Sant Singh was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 150.00 Lakh registered on 28 Mar 2014 with Charge ID 10488656 was modified on 08 Sep 2014.
Charges
A charge registered on 25 Jul 2001 via Charge ID 90110334 with Bank Of India was fully satisfied on 04 Jul 2014.
Charges
A charge with Axis Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 10488656 was registered on 28 Mar 2014.
Appointed
Maya Mohan Assudani was appointed as Director.
Appointed
Neeta Jasbir Singh was appointed as Director.
Ceased
Suryakant Chimanlal Bhatia ceased to be Director.
Ceased
Yogesh Ratilal Shah ceased to be Director.
Charges
A charge with Bank Of India of Rs. 88.00 Lakh registered on 25 Jul 2001 with Charge ID 90110334 was modified on 17 Jul 2009.

4 earlier events are in the company report.

Frequently asked questions

Safex Engineers 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 27 March 1989 (37+ years old) and is registered under CIN U29199GJ1989PTC012044.

Safex Engineers has 4 current directors:

The latest financial statements of Safex Engineers 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 Safex Engineers is 24AABCS5537Q1ZW, registered in Gujarat.

The CIN (Corporate Identification Number) of Safex Engineers is U29199GJ1989PTC012044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Safex Engineers has 4 court cases on record: 4 filed by the company. Most are in the district courts.

Safex Engineers was incorporated on 27 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jasbir Sant Singh ceased to be Additional Director on 30 Sep 2022. Jasbir Sant Singh was appointed as Director on 22 Jul 2021. Maya Mohan Assudani was appointed as Director on 15 Mar 2012. Safex Engineers has 7 board changes on record in total.

Yes, Safex Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0014392).

Safex Engineers can be reached through the website safexengineers.com. Its registered office is in Ahmedabad, Gujarat, India.