About Saft India Private Limited
Data last updated: 23 December 2025
Saft India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Saft Batteries Pte Ltd, Singapore. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 18 December 1996, the company has been in operation for over 30 years.
Registered with ROC Bangalore under CIN U85110KA1996PTC021517.
Capital: an authorised share capital of ₹54.6 Cr and a paid-up capital of ₹54.6 Cr. Formerly known as Amco Power Systems Limited and Amco Saft India Limited. It is led by directors including Morten Kjoelhede Rotboell and Guy Patrick De Broglie.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Plot No. 10/1A Ib & 1C Abbanakuppe Bidadi Industrial Area, Bangalore, Karnataka, India – 562109.
As per the financials filed for FY 2024, the company reported a revenue of ₹211.36 Cr, a growth of 25% compared to the previous year.
The company has a workforce of approximately 230 employees as per the latest available data. It operates as a subsidiary of Saft Batteries Pte Ltd, Singapore.
The company is associated with 1 brand - Saft. As per MCA filings, the company has open charges of ₹37.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saftbatteries.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressPlot No. 10/1A Ib & 1C Abbanakuppe Bidadi Industrial Area, Bangalore, Karnataka, India – 562109
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IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Saft India Private Limited
Saft India Private Limited has undergone 3 name changes throughout its history. The company was previously known as Amco Power Systems Limited, Amco Saft India Limited, and Amco Saft India Private Limited. The current legal name is Saft India Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Saft India Private Limited | Current |
| Amco Power Systems Limited | Previous |
| Amco Saft India Limited | Previous |
| Amco Saft India Private Limited | Previous |
CIN History of Saft India Private Limited
Saft India Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110KA1996PTC021517, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1996PTC021517 | Current |
| U31401KA1996PTC021517 | Previous |
| U85110KA1996PLC021517 | Previous |
Associated Brands with Saft India Private Limited
Saft India Private Limited operates one associated brand: Saft. These brands represent Saft India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Lithium-ion batteries are manufactured for industrial, defense, and energy sectors. | saftbatteries.com |
Competitors & Alternatives of Saft India Private Limited
Brands and companies operating in the same space as Saft India Private Limited include Fluence, Encell, Connected Energy and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fluence
|
Energy storage systems are supplied for industrial renewable applications. | - | 2018 |
Encell
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Nickel-iron batteries are manufactured for stationary energy storage applications. | Alachua, United States, United States | 2006 |
Connected Energy
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Battery energy storage systems are supplied to various industries. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2010 |
Exro
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Developer of power electronics for electric vehicles and energy storage | Vancouver, Canada, Canada | 2006 |
Alsym Energy
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Non-flammable battery solutions are provided for vehicles and storage systems. | Woburn, United States, United States | 2015 |
Younicos
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Battery parks and microgrid systems | Berlin, Germany, Germany | 2005 |
Plus Power
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Batteries are manufactured by Plus Power in the energy sector. | San Francisco, United States, United States | 2018 |
Powerstar
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Voltage optimization, energy storage, and smart transformer equipment are manufactured. | Sheffield, United Kingdom, United Kingdom | 2001 |
Redback Technologies
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Developer of solar power packs for home | Brisbane, Australia, Australia | 2015 |
Business Activity of Saft India Private Limited
Saft India Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | ********* |
Auditor Details of Saft India Private Limited
Saft India Private Limited is audited by S.R BATLIBOI AND ASSOCIATES LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R BATLIBOI AND ASSOCIATES LLP | blur-value | blur-value | blur-value |
Board of Directors of Saft India Private Limited
Saft India Private Limited is currently managed by 6 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Morten Kjoelhede Rotboell | Director | 17 Jan 2025 | 1 Years 5 Months | Current |
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Guy Patrick De Broglie
Also directs:
Saft India Private Limited
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Director | 21 Dec 2017 | 8 Years 6 Months | Current |
|
Franck Nino Cecchi
Also directs:
Saft India Private Limited
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Director | 06 Sep 2024 | 1 Years 10 Months | Current |
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Jose Ignacio Quiles Antuna
Also directs:
Saft India Private Limited
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Director | 06 Sep 2024 | 1 Years 10 Months | Current |
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Karthik Chandrasekaran
Also directs:
Saft India Private Limited
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Director | 27 Jun 2024 | 2 Years 0 Months | Current |
Financials of Saft India Private Limited FY 2024 filings available
Saft India Private Limited reported revenue of ₹211.36 Cr (up 25% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
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| Other Expenses | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
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| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
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| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Total Assets | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
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| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
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| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
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| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Inventory Days | ***** | ***** | ***** | ***** | ***** |
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Saft India Private Limited
As of FY 2023, Saft India Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Saft India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2018 | Others | ₹2 Cr | Open |
| 21 Oct 2002 | Central Bank of India | ₹32.5 Cr | Open |
| 21 Oct 2002 | Central Bank of India | ₹3 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Saft India Private Limited
Saft India Private Limited has a workforce of 230 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Saft India Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Saft India Private Limited
GSTIN & GST Filing Data of Saft India Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Saft India Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Saft India Private Limited
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MSME Payment Delays by Saft India Private Limited
MSME Payment Delays by Saft India Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Saft India Private Limited
Subsidiaries & Group Companies of Saft India Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Saft India Private Limited with ownership details.
MCA Filings & Documents of Saft India Private Limited
MCA Filings & Documents of Saft India Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Saft India Private Limited
Recent News on Saft India Private Limited
Frequently Asked Questions about Saft India Private Limited
Saft India Private Limited is an active private limited company in the consumer electronics and durables sector based in Bangalore, Karnataka, India. It was incorporated on 18 December 1996 (30+ years old) and is registered under CIN U85110KA1996PTC021517. The company has 230 employees.
Saft India Private Limited reported revenue of ₹211.36 Cr for FY 2024 (up 25.00% YoY).
The current directors of Saft India Private Limited are:
The primary industry of Saft India Private Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Saft India Private Limited can be reached at the registered office: Plot No. 101A Ib & 1C Abbanakuppe Bidadi Industrial Area, Bangalore, Karnataka, India – 562109, or through the website saftbatteries.com.
The authorised capital is ₹54.6 Cr, and the paid-up capital is ₹54.6 Cr.