India Safety Vaults Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 38 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 75.99 Cr
- Satisfied Charges ₹ 24.29 Cr
- Revenue Growth 20.16%
- Profit Growth 315.94%
- Ebitda 85.55%
- Net Worth 4.85%
- Total Assets -0.01%
About India Safety Vaults
India Safety Vaults Private Limited (ISVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1986 and has a history of 38 years and ten months. Its registered office is in Mumbai, Maharashtra.
The Corporate was formerly known as India Safety Vaults Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹75.99 Cr. The company has closed loans amounting to ₹24.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prakash Mehta, Pradeep Arora, Saurabh Maheshwari, and One other member serve as directors at the Company.
Company Details
- Location Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28993MH1986PTC039436
- Company No.
039436
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Apr 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does India Safety Vaults Private Limited offer?
India Safety Vaults Private Limited offers a wide range of products and services, including Residential & Commercial Security, Security Service, Electronic Safes & Security Systems, Storage Lockers.
Who are the key members and board of directors at India Safety Vaults?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saurabh Maheshwari  | Additional Director | 10-Aug-2024 | Current |
| Pradeep Arora | Director | 20-Jun-2003 | Current |
| Prakash Mehta | Director | 02-Apr-1986 | Current |
| Kirtivardhan Ruia | Whole-Time Director | 20-Nov-2006 | Current |
Financial Performance of India Safety Vaults.
India Safety Vaults Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.16% increase. The company also saw a substantial improvement in profitability, with a 315.94% increase in profit. The company's net worth moved up by a moderate rise of 4.85%.
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What is the Ownership and Shareholding Structure of India Safety Vaults?
In 2023, India Safety Vaults had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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India Terry Towels Private LimitedKirtivardhan Ruia is a mutual person
Bharat Bijlee LimitedPrakash Mehta is a mutual person
Mukand LimitedPrakash Mehta is a mutual person
- Mukand Sumi Special Steel Limited
Prakash Mehta is a mutual person
Pegasus Assets Reconstruction Private LimitedPrakash Mehta is a mutual person
Charges (Loans)
₹75.99 Cr
₹24.29 Cr
Charges Breakdown by Lending Institutions
- Others : 69.72 Cr
- Standard Chartered Bank : 4.97 Cr
- Axis Bank Limited : 1.22 Cr
- State Bank Of India : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2024 | Axis Bank Limited | ₹7.00 M | Open |
| 18 Nov 2021 | Standard Chartered Bank | ₹4.13 M | Open |
| 31 Mar 2018 | Others | ₹67.10 Cr | Open |
| 14 Feb 2018 | Others | ₹2.62 Cr | Open |
| 21 Nov 2017 | Standard Chartered Bank | ₹4.56 Cr | Open |
How Many Employees Work at India Safety Vaults?
India Safety Vaults has a workforce of 46 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of India Safety Vaults, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped India Safety Vaults's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
