Safiri Retail Private Limited

Safiri Retail Private Limited - e-commerce in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U52599MH2018PTC312876 Incorporated 20 August 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2020
₹2.54 Cr
▲ 4857% YoY
Net profit · FY 2020
₹17.34 Lakh
Net margin 6.8%
EBITDA · FY 2020
₹35.05 Lakh
EBITDA margin 13.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.16 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Safiri Retail Private Limited

Data last updated:

Safiri Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 20 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52599MH2018PTC312876.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jugal Kishore Mehra and Vivek Mehra Jugal Kishore.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No.52 Flr No.4 Tarapore Garden C Oshiwara Mhada Colony New Link Rd, Mumbai, Maharashtra, India – 400053.

As per the financials filed for FY 2020, the company reported a revenue of ₹2.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.34 Lakh (net margin 6.8%) and EBITDA of ₹35.05 Lakh (EBITDA margin 13.8%).

As per MCA filings, the company has open charges of ₹4.16 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.

Company details

CIN U52599MH2018PTC312876
Registration Number 312876
Incorporation Date 20 August 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020

Contact details

Safiri Retail Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    Flat No.52 Flr No.4 Tarapore Garden C Oshiwara Mhada Colony New Link Rd, Mumbai, Maharashtra, India – 400053
  • Industry
    E-Commerce, Online Store, Retailers
Comprehensive company report
Safiri Retail 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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Business activity

The main business activity of Safiri Retail is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

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

Financials of Safiri Retail Private Limited

FY 2020 filings available

Safiri Retail Private Limited reported revenue of ₹2.54 Cr (up 4857% YoY) for FY 2020.

Revenue · FY 2020
₹2.54 Cr ▲ 4857%
Net profit · FY 2020
₹17.34 Lakh margin 6.8%
EBITDA · FY 2020
₹35.05 Lakh margin 13.8%

Financial Statement Summary

MetricsFY 2019-20FY 2018-19
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₹35.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.34 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 2019-20FY 2018-19
Profitability
EBITDA Margin13.8%
Net Profit Margin6.8%
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 Safiri Retail Private Limited, buy the company report.

Board of directors of Safiri Retail Private Limited

Safiri Retail has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jugal Kishore MehraDirector04 Jan 20197 Years 9 MonthsCurrent
Vivek Mehra Jugal KishoreDirector20 Aug 20188 Years 2 MonthsCurrent

Peer comparison

Safiri Retail Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Allied Electrodes Private Limited₹2.55 Cr (FY 2019)-51.0%Gorwa, Gujarat, India
Alarka Infra Solution Private Limited₹2.55 Cr (FY 2024)684.0%Mumbai, Maharashtra, India
Budenheim India Private Limited₹2.55 Cr (FY 2025)-3.0%New Delhi, Delhi, India
Radiance Manpower Solutions Private Limited₹2.54 Cr (FY 2024)-78.0%Meerut, Uttar Pradesh, India
Goldenpost Consultancy (OPC) Private Limited₹2.54 Cr (FY 2025)89.0%Pune, Maharashtra, India
Safiri Retail Private Limitedthis company₹2.54 Cr (FY 2020)₹17.34 Lakh6.8%4857.0%Mumbai, Maharashtra, India
Prince4line Overseas (OPC) Private Limited₹2.54 Cr (FY 2021)New Delhi, Delhi, India
Calismahub Private Limited₹2.54 Cr (FY 2025)-32.0%Bangalore, Karnataka, India
Erfs Private Limited₹2.54 Cr (FY 2023)12.0%Chennai, Tamil Nadu, India
Zeetex Knits Private Limited₹2.54 Cr (FY 2025)9.0%Chennai, Tamil Nadu, India
A2z Production Solutions Private Limited₹2.54 Cr (FY 2025)-11.0%Delhi, India

To see the full peer comparison of Safiri Retail Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Sep 2018100224950Others₹4.16 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

No GST registration is on our record for Safiri Retail Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Safiri Retail Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Jugal Kishore Mehra ceased to be Additional Director on 30 Sep 2019.

AGM
Safiri Retail Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Safiri Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai I.
Ceased
Jugal Kishore Mehra ceased to be Additional Director.
Appointed
Jugal Kishore Mehra was appointed as Director.
Ceased
Parveen Mehra ceased to be Director.
Charges
A charge with Others amounted to Rs. 416.00 Lakh with Charge ID 100224950 was registered on 27 Sep 2018.
Appointed
Vivek Mehra Jugal Kishore was appointed as Director.
Incorporation
20 Aug 2018
Safiri Retail Private Limited was registered on 20 Aug 2018 with Roc Mumbai I & aged 8 years 2 months as per MCA records.

Frequently asked questions

Safiri Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in online store, within the e-commerce industry. It was incorporated on 20 August 2018 (8+ years old) and is registered under CIN U52599MH2018PTC312876.

Safiri Retail has 2 current directors:

The latest financial statements of Safiri Retail on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2019 are in the company report.

The CIN (Corporate Identification Number) of Safiri Retail is U52599MH2018PTC312876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Safiri Retail has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.

Safiri Retail was incorporated on 20 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Safiri Retail by revenue are Allied Electrodes Private Limited, Alarka Infra Solution Private Limited, Budenheim India Private Limited, Radiance Manpower Solutions Private Limited, Goldenpost Consultancy (OPC) Private Limited and 5 more, all in the same principal business activity (other support services to organizations).

Jugal Kishore Mehra ceased to be Additional Director on 30 Sep 2019. Jugal Kishore Mehra was appointed as Director on 04 Jan 2019. Parveen Mehra ceased to be Director on 04 Jan 2019. Safiri Retail has 4 board changes on record in total.

The registered office of Safiri Retail is at Flat No.52 Flr No.4 Tarapore Garden C Oshiwara Mhada Colony New Link Rd, Mumbai, Maharashtra, India – 400053.

Safiri Retail operates in the e-commerce industry, in the online store segment.

Safiri Retail has open charges of ₹4.16 Cr and no satisfied charges on record as per latest MCA filings.