Safar Polyfibre Private Limited

Greenfield project producing 50 tons of RPSF daily from recycled PET bottles for various products.

2016 | Rajkot, Gujarat (India) | Active
Last Updated:

Safar Polyfibre Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 141.35 Cr
  • Satisfied Charges ₹ 40.04 Cr
  • Revenue Growth 12.17%
  • Profit Growth 198.40%
  • Ebitda 64.35%
  • Net Worth 32.73%
  • Total Assets -0.81%

About Safar Polyfibre

Safar Polyfibre Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 February 2016 (Nine years and one month 0 days old ). Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹141.35 Cr. The company has closed loans amounting to ₹40.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hiteshkumar Bhalodia, Sagar Kantariya, Renish Bhalodiya, and One other member serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17297GJ2016PTC086059

  • Company No.

    086059

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Safar Polyfibre Private Limited offer?

Safar Polyfibre Private Limited offers a wide range of products and services, including Yarns & Threads, Polyester Thread.

Company report

Safar Polyfibre Private Limited

Explore comprehensive data for Safar Polyfibre Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Safar Polyfibre?

Board Members (4)

NameDesignationAppointment DateStatus
Hiteshkumar Bhalodia Country flag representing In Director 11-Feb-2016Current
Sagar Kantariya Director 02-Jul-2024Current
Renish Bhalodiya Country flag representing In Director 11-Feb-2016Current
Hardik Bhalodiya Country flag representing In Director 11-Feb-2016Current

Financial Performance of Safar Polyfibre.

Safar Polyfibre Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.17% increase. The company also saw a substantial improvement in profitability, with a 198.4% increase in profit. The company's net worth Soared by an impressive increase of 32.73%.

Safar Polyfibre revenue growth over time
Safar Polyfibre profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.17%
Revenue from Operations
12.90%
Total Assets
-0.81%
Profit or Loss
198.40%
Net Worth
32.73%
EBITDA
64.35%

What is the Ownership and Shareholding Structure of Safar Polyfibre?

In 2023, Safar Polyfibre had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹141.35 Cr

Satisfied Charges

₹40.04 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 141.35 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2023Hdfc Bank Limited₹81.35 CrOpen
17 Mar 2020Hdfc Bank Limited₹60.00 CrOpen
23 Sep 2016State Bank Of India₹40.04 CrSatisfied

How Many Employees Work at Safar Polyfibre?

Safar Polyfibre has a workforce of 211 employees as of Apr 09, 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.

Employee growth trends for Safar Polyfibre Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Safar Polyfibre, 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 Safar Polyfibre's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Safar Polyfibre

Recent activity within the organization

  • Annual General Meeting

    Safar Polyfibre Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sagar Vallbhbhai Kantariya was appointed as a Director was appointed as a Director on 02 Jul 2024 & has been associated with this company since 8 months 11 days .

  • Balance Sheet

    Safar Polyfibre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 17 Mar 2020 with Charge ID 100334643 was modified on 13 Oct 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 81.35 Cr with Charge ID 100821890 was registered on 10 Oct 2023.

  • Charges

    A charge registered on 23 Sep 2016 via Charge ID 100054878 with State Bank Of India was fully satisfied on 09 Apr 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Safar Polyfibre Private Limited?

    Safar Polyfibre Private Limited was incorporated on 11 Feb 2016.

  • What is authorized share capital and paid-up capital of Safar Polyfibre Private Limited?

    The authorized share capital of Safar Polyfibre Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Who are the current board members & directors of Safar Polyfibre Private Limited?

    Currently 4 directors are associated with Safar Polyfibre Private Limited.

    • Hiteshkumar Ramniklal Bhalodia
    • Sagar Vallbhbhai Kantariya
    • Renish Chandulal Bhalodiya
    • Hardik Parshotambhai Bhalodiya
  • What is the registered address of Safar Polyfibre Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Safar Polyfibre Private Limited is Revenue Survey No. 12/1/1 Nh - 27 Nr. Kuvadava Gidc, Kuchiyadad India, Rajkot, Gujarat, 360023.

  • What is the corporate identification number (CIN) and company number of Safar Polyfibre Private Limited?

    The corporate identification number (CIN) of Safar Polyfibre Private Limited is U17297GJ2016PTC086059 and the company number is 086059 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Safar Polyfibre Private Limited?

    The Official website of Safar Polyfibre Private Limited is https://www.safarpolyfibre.com

  • What has been the recent revenue trend for Safar Polyfibre Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Safar Polyfibre Private Limited has risen by 12.17%.

  • How many employees does Safar Polyfibre Private Limited currently have?

    As Per 2023 financial reports, 211 employees are currently employed by Safar Polyfibre Private Limited.

  • What change has been observed in the net worth of Safar Polyfibre Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Safar Polyfibre Private Limited has experienced an upsurge of 32.73%.

  • What are the total open charges for Safar Polyfibre Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Safar Polyfibre Private Limited amount to ₹ 141.35 Cr.

  • When was the last Balance Sheet of Safar Polyfibre Private Limited filed with the ROC?

    The most recent Balance Sheet for Safar Polyfibre Private Limited was filed with the ROC on 31 Mar 2024.

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