Safex Industries Limited

Manufacturer and exporter of material handling equipment for various industries, with ISO certification.

1990 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 16, 2024

Safex Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.54 Cr
  • Paid Up Capital ₹ 1.54 Cr
  • Company Age 35 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 75.19 Cr
  • Satisfied Charges ₹ 33.50 Cr

About Safex Industries

Safex Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 February 1990 and has a history of 35 years. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Safex Industries Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.54 Cr and a paid-up capital of Rs 1.54 Cr.

The company currently has active open charges totaling ₹75.19 Cr. The company has closed loans amounting to ₹33.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogesh Shah, Kaminiben Shah, and Sagar Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29304GJ1990PLC013315

  • Company No.

    013315

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Safex Industries Limited offer?

Safex Industries Limited offers a wide range of products and services, including Elevators & Escalators, Goods Lift, Cranes, Forklift & Lifting Machines, Electric Hoists, Hoist, EOT Cranes.

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

Executive Team (1)

Name Designation Appointment Date Status
Yogesh Shah Country flag representing In Managing Director 02-Feb-1990 Current

Board Members (2)

Name Designation Appointment Date Status
Sagar Shah Country flag representing In Whole-Time Director 16-Apr-2012 Current
Kaminiben Shah Country flag representing In Whole-Time Director 15-Mar-2012 Current

Financial Performance of Safex Industries.

Safex Industries Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Safex Industries?

In 2023, Safex Industries had a promoter holding of 99.34% and a public holding of 0.66%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.19 Cr

Satisfied Charges

₹33.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 51.59 Cr
  • Standard Chartered Bank : 23.00 Cr
  • Sidbi : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
04 May 2024 Hdfc Bank Limited ₹1.18 M Open
18 Mar 2024 Hdfc Bank Limited ₹0.45 M Open
20 Feb 2024 Sidbi ₹5.97 M Open
16 Aug 2023 Hdfc Bank Limited ₹3.20 M Open
29 Apr 2023 Standard Chartered Bank ₹13.00 Cr Open

How Many Employees Work at Safex Industries?

Safex Industries has a workforce of 162 employees as of Nov 23, 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 Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 13.00 Cr registered on 29 Apr 2023 with Charge ID 100720640 was modified on 14 Aug 2024.

    14 Aug 2024

  • Charges

    A charge with Standard Chartered Bank of Rs. 10.00 Cr registered on 29 Apr 2023 with Charge ID 100720646 was modified on 03 Jun 2024.

    03 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100916402 was registered on 04 May 2024.

    04 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100898040 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 0.60 Cr with Charge ID 100866179 was registered on 20 Feb 2024.

    20 Feb 2024

  • Annual General Meeting

    Safex Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Safex Industries Limited was incorporated on 02 Feb 1990.

  • The authorized share capital of Safex Industries Limited is ₹ 1.54 Cr and paid-up capital is ₹ 1.54 Cr.

  • Currently 3 directors are associated with Safex Industries Limited.

    • Yogesh Ratilal Shah
    • Kaminiben Yogesh Shah
    • Sagar Yogeshbhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Safex Industries Limited is Plot No 517, Gidc Industrial Estate Vatva India, Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Safex Industries Limited is U29304GJ1990PLC013315 and the company number is 013315 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Safex Industries Limited is https://www.safexcranes.com

  • As Per 2023 financial reports, 162 employees are currently employed by Safex Industries Limited.

  • As per the financial statements for fiscal Year 2023, The total open charges for Safex Industries Limited amount to ₹ 75.19 Cr.

  • The most recent Balance Sheet for Safex Industries Limited was filed with the ROC on 31 Mar 2023.

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