Safex Electromech Private Limited

Manufacturer and installer of material handling equipment, with a focus on exports and ISO certification.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 03, 2024

Safex Electromech Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.26 M
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.27 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -8.11%
  • Profit Growth -22.87%
  • Ebitda -176.94%
  • Net Worth 7.84%
  • Total Assets 14.84%

About Safex Electromech

Safex Electromech Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 1992 and has a history of 32 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 2.40 M and a paid-up capital of Rs 2.26 M.

The company currently has active open charges totaling ₹4.27 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suryakant Bhatia, Pushpa Bhatia, Janki Bhatia, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    safexelectromech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309GJ1992PTC017751

  • Company No.

    017751

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1992

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Safex Electromech Private Limited offer?

Safex Electromech Private Limited offers a wide range of products and services, including Goods Lift, ThyssenKrupp Goods Lifts, Electric Hoists, Cranes, Forklift & Lifting Machines, Crane, Hoist, Chain and Pully Blocks, Chain Pulley Block, Industrial Cranes, Electric Chain Hoist.

Who are the key members and board of directors at Safex Electromech?

Board Members (4)

NameDesignationAppointment DateStatus
Janki Bhatia Country flag representing In Director 15-Mar-2012Current
Suryakant Bhatia Country flag representing In Director 01-Jun-1992Current
Pushpa Bhatia Country flag representing In Director 15-Mar-2012Current
Kruti Bhatia Country flag representing In Director 15-Mar-2012Current

Financial Performance of Safex Electromech.

Safex Electromech Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 8.11% decrease. The company also saw a substantial fall in profitability, with a 22.87% decrease in profit. The company's net worth moved up by a moderate rise of 7.84%.

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
-8.11%
Revenue from Operations
-10.59%
Total Assets
14.84%
Profit or Loss
-22.87%
Net Worth
7.84%
EBITDA
-176.94%

What is the Ownership and Shareholding Structure of Safex Electromech?

Unlock access to Safex Electromech's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.70 M

Satisfied Charges

₹40.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.00 Cr
  • Bank Of India : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
19 Feb 2024Bank Of India₹2.00 MOpen
25 Sep 2014Axis Bank Limited₹4.00 CrOpen
19 Sep 2012Bank Of India₹0.40 MOpen
18 Sep 2012Bank Of India₹0.30 MOpen
30 May 2000Bank Of India₹4.00 CrSatisfied

How Many Employees Work at Safex Electromech?

Safex Electromech has a workforce of 112 employees as of Apr 07, 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 Safex Electromech, 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 Safex Electromech'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 Safex Electromech

Recent activity within the organization

  • Annual General Meeting

    Safex Electromech Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 2.00 M with Charge ID 100904730 was registered on 19 Feb 2024.

    19 Feb 2024

  • Charges

    A charge registered on 30 May 2000 via Charge ID 80037694 with Bank Of India was fully satisfied on 28 Oct 2014.

    28 Oct 2014

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 40.00 M with Charge ID 10528436 was registered on 25 Sep 2014.

    25 Sep 2014

  • Charges

    A charge with Bank Of India of Rs. 40.00 M registered on 30 May 2000 with Charge ID 80037694 was modified on 08 Feb 2013.

    08 Feb 2013

Frequently asked questions

  • Safex Electromech Private Limited was incorporated on 01 Jun 1992.

  • The authorized share capital of Safex Electromech Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.26 M.

  • Currently 4 directors are associated with Safex Electromech Private Limited.

    • Suryakant Chimanlal Bhatia
    • Pushpa Suryakant Bhatia
    • Janki Suryakant Bhatia
    • Kruti Suryakant Bhatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Safex Electromech Private Limited is Plot No 7608 Gidc Industrial Estate, Phase 4 Vatva India, Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Safex Electromech Private Limited is U29309GJ1992PTC017751 and the company number is 017751 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Safex Electromech Private Limited is https://www.safexelectromech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Safex Electromech Private Limited has fallen by -8.11%.

  • As Per 2022 financial reports, 112 employees are currently employed by Safex Electromech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Safex Electromech Private Limited has experienced an upsurge of 7.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Safex Electromech Private Limited amount to ₹ 4.27 Cr.

  • The most recent Balance Sheet for Safex Electromech Private Limited was filed with the ROC on 31 Mar 2024.

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