Safset Agencies Private Limited
About Safset Agencies Private Limited
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Safset Agencies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the exhibition and trade show organizers segment of the events and entertainment sector. It was incorporated on 16 September 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51209MH1966PTC013575. Its GSTIN is 27AABCS9352H1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vickram Piara Sethi (Managing Director) and Neelam Vickram Sethi.
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 Fgp Centrecommerciakl Union House 9 Wallace, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.32 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.67 Cr (net margin 14.5%) and EBITDA of ₹6.91 Cr (EBITDA margin 27.3%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 31% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: AstaGuru. As per MCA filings, the company has open charges of ₹1.51 Cr on record. Court records list 22 cases involving the company, including 18 filed by the company and 4 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in April 2021.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Safset Agencies has one previous CIN (Corporate Identification Number): U51209MH2004PTC013575. The current CIN is U51209MH1966PTC013575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51209MH1966PTC013575 | Current |
| U51209MH2004PTC013575 | Previous |
Contact details
Safset Agencies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFgp Centrecommerciakl Union House 9 Wallace, Mumbai, Maharashtra, India – 400001
- IndustryEvents and Entertainment, Exhibition & Trade Show Organizers
To see the full contact details of Safset Agencies 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
Brands
Safset Agencies operates one associated brand: AstaGuru. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marketplace offering multi-category art products | astaguru.com |
Business activity
The main business activity of Safset Agencies is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Safset Agencies Private Limited, buy the company report.
Financials of Safset Agencies Private Limited
FY 2024 filings availableSafset Agencies Private Limited reported revenue of ₹25.32 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 332% 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 | ₹6.91 Cr | ||||
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| Net Profit (PAT) | ₹3.67 Cr | ||||
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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 | 27.3% | ||||
| Net Profit Margin | 14.5% | ||||
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To see the full financial statements and ratios of Safset Agencies Private Limited, buy the company report.
Board of directors of Safset Agencies Private Limited
Safset Agencies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vickram Piara Sethi Also directs: Kusha Traders Pvt Ltd, Astaguru Auction House Private Limited, Safset Forwarders Private Limited. and 4 more | Managing Director | 01 Jan 1975 | 51 Years 9 Months | Current |
| Neelam Vickram Sethi | Director | 10 Apr 2001 | 25 Years 6 Months | Current |
Auditor
Safset Agencies Private Limited is audited by VIVEK V. JOSHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK V. JOSHI & ASSOCIATES | FY 2023 | 121829W |
Shareholding
The shareholding of Safset Agencies 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 Safset Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2023 | 100810426 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 30 Apr 2022 | 100575462 | Hdfc Bank Limited | ₹39.89 Lakh | Open | |
| 10 Jan 2022 | 100532005 | Hdfc Bank Limited | ₹49.95 Lakh | Open | |
| 28 Nov 1975 | 90164600 | First National City Bank | ₹1 Lakh | Open |
Total charge records: 4 View all charges
Deals & funding
Safset Agencies Private Limited has 2 deals on record (2 secondary share transfers); the latest was in April 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Safset Agencies Private Limited has 22 court cases on record: 18 filed by Safset Agencies, 4 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 0 |
| High courts | 6 | 1 | 1 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (P.Appeal) | Filed by the company against Astaguru Auction House Private Limited and 2 others | Disposed |
| Supreme Court | Court case (9999-Other) | Filed by the company against Bharat Hotels Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against The Regional Director-Employees State Insurance Corporation | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Trf.Matters) | Filed by the company against M S Gosalia Enterprises | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Trf.Matters) | Filed by the company against M/S Gosalia Enterprises | Disposed |
To see the full case history of Safset Agencies 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 Safset Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Safset Agencies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Safset Investment Advisory Private Limited | U74999MH2013PTC239809 |
To see the full group structure of Safset Agencies Private Limited, buy the company report.
GST
Safset Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS9352H1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safset Agencies Private Limited, buy the company report.
Recent activity
Safset Agencies Private Limited has 3 board changes on record since 1975: 2 appointments and 1 cessation. The latest: Safia Alimahomed Ismail ceased to be Director on 19 Mar 2019.
Frequently asked questions
Safset Agencies is an active private limited company based in Mumbai, Maharashtra, India. The company works in exhibition and trade show organizers, within the events and entertainment industry. It was incorporated on 16 September 1966 (60+ years old) and is registered under CIN U51209MH1966PTC013575.
Safset Agencies has 2 current directors:
- Vickram Piara Sethi - Managing Director
- Neelam Vickram Sethi - Director
The latest financial statements of Safset Agencies 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 Safset Agencies is 27AABCS9352H1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Safset Agencies is U51209MH1966PTC013575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safset Agencies has 22 court cases on record: 18 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Safset Agencies was incorporated on 16 September 1966, making it 60+ years old. It is registered with the Registrar of Companies, Mumbai.
Safset Agencies has 2 deals on record (2 secondary share transfers); the latest was in April 2021.
Safia Alimahomed Ismail ceased to be Director on 19 Mar 2019. Neelam Vickram Sethi was appointed as Director on 10 Apr 2001. Vickram Piara Sethi was appointed as Managing Director on 01 Jan 1975.
The registered office of Safset Agencies is at Fgp Centrecommerciakl Union House 9 Wallace, Mumbai, Maharashtra, India – 400001.