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: July 06, 2024

Safar Polyfibre Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 (Eight years and 11 months 27 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 2023. 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.

Renish Bhalodiya, Chandulal Bhalodiya, Rishit Chapla, and Six other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Board Members (9)

Name Designation Appointment Date Status
Hiteshkumar Bhalodia Country flag representing In Director 11-Feb-2016 Current
Renish Bhalodiya Country flag representing In Director 11-Feb-2016 Current
Chandulal Bhalodiya Country flag representing In Director 11-Feb-2016 Current
Rishit Chapla Country flag representing In Director 11-Feb-2016 Current
Nileshkumar Bhalodia Country flag representing In Director 11-Feb-2016 Current
Jignesh Bhalodia Country flag representing In Director 11-Feb-2016 Current

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%.

Graph illustrating revenue growth over time
Graph showing 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

Date Lender Amount Status
10 Oct 2023 Hdfc Bank Limited ₹81.35 Cr Open
17 Mar 2020 Hdfc Bank Limited ₹60.00 Cr Open
23 Sep 2016 State Bank Of India ₹40.04 Cr Satisfied

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.

Graph showing employee growth trends

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

  • 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.

    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.

    10 Oct 2023

  • Annual General Meeting

    Safar Polyfibre Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Safar Polyfibre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 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.

    09 Apr 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100334643 was registered on 17 Mar 2020.

    17 Mar 2020

Frequently asked questions

  • Safar Polyfibre Private Limited was incorporated on 11 Feb 2016.

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

  • Currently 9 directors are associated with Safar Polyfibre Private Limited.

    • Renish Chandulal Bhalodiya
    • Chandulal Khimjibhai Bhalodiya
    • Rishit Girishbhai Chapla
    • Nileshkumar Jamnadas Bhalodia
    • Jignesh Parsottambhai Bhalodia
    • Pareshkumar Ramniklal Bhalodia
    • Samirkumar Bhesdadia
    • Hardik Parshotambhai Bhalodiya
    • Hiteshkumar Ramniklal Bhalodia
  • 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, Rajkot, Gujarat, India, 360023.

  • 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).

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Safar Polyfibre Private Limited was filed with the ROC on 31 Mar 2023.

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