About Safex Fire Services Limited
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Safex Fire Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the fire safety and firefighting equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29193MH2000PLC127212. Its GSTIN is 27AAECS7539M1ZP (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Devansh Sandip Shah (Whole-Time Director) and Rishit Rajnikant Shah (Whole-Time Director).
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 202 A Dhanraj Industrialestate Sun Mill Road Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹458.61 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹83.84 Cr (net margin 18.3%) and EBITDA of ₹115.45 Cr (EBITDA margin 25.2%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 33% over five years.
The company has about 345 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Safex Fire. As per MCA filings, the company has open charges of ₹85 Cr and satisfied charges of ₹40.63 Cr on record. Court records list 19 cases involving the company, including 10 filed by the company and 9 filed against it; 1 case is pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in July 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safexfire.com.
Company details
CIN history
Safex Fire Services has one previous CIN (Corporate Identification Number): L29193MH2000PLC127212. The current CIN is U29193MH2000PLC127212, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29193MH2000PLC127212 | Current |
| L29193MH2000PLC127212 | Previous |
Contact details
Safex Fire Services Limited's registered office is in Mumbai, Maharashtra. Its website is safexfire.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 A Dhanraj Industrialestate Sun Mill Road Lower Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryMachinery and Equipment, Fire Safety & Firefighting Equipment
To see the full contact details of Safex Fire Services 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
Brands
Safex Fire Services operates one associated brand: Safex Fire. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fire safety equipment is manufactured and supplied globally. | safexfire.com |
Business activity
The main business activities of Safex Fire Services are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Safex Fire Services Limited, buy the company report.
Financials of Safex Fire Services Limited
FY 2024 filings availableSafex Fire Services Limited reported revenue of ₹458.61 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 38% growth in the latest year. EBITDA rose 130% 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 |
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| EBITDA | ₹115.45 Cr | ||||
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| Net Profit (PAT) | ₹83.84 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.2% | ||||
| Net Profit Margin | 18.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Safex Fire Services Limited, buy the company report.
Board of directors of Safex Fire Services Limited
Safex Fire Services has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Ashok Kumar Shah | Director | 29 Dec 2020 | 5 Years 10 Months | Current |
| Dhvani Apurva Mehta | Director | 29 Dec 2020 | 5 Years 10 Months | Current |
| Devansh Sandip Shah | Whole-Time Director | 01 Jan 2023 | 3 Years 9 Months | Current |
| Amit Ashok Golwala | Director | 17 Mar 2020 | 6 Years 7 Months | Current |
| Rishit Rajnikant Shah | Whole-Time Director | 01 Jan 2023 | 3 Years 9 Months | Current |
| Tejas Jitendra Shah Also directs: Swifgo Fire Protection System LLP, Star Cylinders Private Limited, Shree Vimalnath Jain Religious Foundation and 1 more | Whole-Time Director | 01 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Safex Fire Services Limited is audited by K. G. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. G. Shah & Co. | FY 2023 | 109630W |
Shareholding
The shareholding of Safex Fire Services 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safex Fire Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2024 | 100996199 | Others | ₹15 Cr | Open | |
| 28 Nov 2023 | 100834007 | Others | ₹20 Cr | Open | |
| 07 Jan 2022 | 100524086 | Others | ₹50 Cr | Open | |
| 24 Aug 2023 | 100786649 | Hdfc Bank Limited | ₹20 Cr | Satisfied | |
| 15 Jan 2001 | 90143224 | Bank of Baroda | ₹3 Lakh | Satisfied |
To see the full charge records of Safex Fire Services Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Safex Fire Services Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in July 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Swifgo Fire Protection System LLP Seller: Safex Fire Protection System Llp |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Safex Fire Protection System Llp Seller: Panchlingeswar Vanijya Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Panchlingeswar Vanijya Private Limited Seller: Glint Infradev Private Limited , Adhyam Buildwell Private Limited , Radhe Krishna Chemical & Minerals Pvt Ltd |
| Mar 2009 | Funding round | ₹2 Cr | Investors: Rajyash Jewellers Private Limited , Amul Mercantile Private Limited , Aarika Steels Metals Private Limited |
To see the full deal history of Safex Fire Services 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
Safex Fire Services Limited has 19 court cases on record: 10 filed by Safex Fire Services, 9 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 0 |
| High courts | 7 | 6 | 1 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Himgiri Solutions Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against GMP Technical Solutions Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Anuj Infraprojects Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Tecpro Systems Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Aanchal Interactive Video Systems Pvt Ltd and 1 other | Disposed |
To see the full case history of Safex Fire Services 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.
Credit ratings & regulatory alerts
Safex Fire Services Limited was last rated by Crisil on 25 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Feb 2020 |
To see the full credit ratings and regulatory alerts of Safex Fire Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Safex Fire Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safex Fire Services Limited has a workforce of 345 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Safex Fire Services has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS7539M1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AAECS7539M2ZO | Maharashtra | Active | 12 Mar 2025 |
| 07AAECS7539M1ZR | Delhi | Active | 01 Jul 2017 |
| 24AAECS7539M1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safex Fire Services Limited, buy the company report.
Recent activity
Safex Fire Services Limited has 17 board changes on record since 2010: 6 appointments and 11 cessations. The latest: Darshan Shashikant Malkan ceased to be Director on 17 Mar 2025.
22 earlier events are in the company report.
Frequently asked questions
Safex Fire Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in fire safety and firefighting equipment, within the machinery and equipment industry. It was incorporated on 16 June 2000 (26+ years old) and is registered under CIN U29193MH2000PLC127212.
Safex Fire Services has 6 current directors:
- Devansh Sandip Shah - Whole-Time Director
- Rishit Rajnikant Shah - Whole-Time Director
- Tejas Jitendra Shah - Whole-Time Director
- Himanshu Ashok Kumar Shah - Director
- Dhvani Apurva Mehta - Director
- Amit Ashok Golwala - Director
The latest financial statements of Safex Fire Services 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 GSTIN of Safex Fire Services is 27AAECS7539M1ZP, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 27AAECS7539M2ZO (Maharashtra), 07AAECS7539M1ZR (Delhi), 24AAECS7539M1ZV (Gujarat).
The CIN (Corporate Identification Number) of Safex Fire Services is U29193MH2000PLC127212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safex Fire Services has 19 court cases on record: 10 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Safex Fire Services was incorporated on 16 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Safex Fire Services has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in July 2022.
Darshan Shashikant Malkan ceased to be Director on 17 Mar 2025. Devansh Sandip Shah was appointed as Whole-Time Director on 01 Jan 2023. Devansh Sandip Shah ceased to be Additional Director on 01 Jan 2023. Safex Fire Services has 17 board changes on record in total.
Safex Fire Services can be reached through the website safexfire.com. Its registered office is in Mumbai, Maharashtra, India.
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