Safex Industries Profile
Key Indicators
- Authorised Capital ₹ 1.54 Cr
- Paid Up Capital ₹ 1.54 Cr
- Company Age 35 Year, 1 Month
- 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 and one month. 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
- Website
- 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.
Safex Industries Limited
Explore comprehensive data for Safex Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Safex Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Shah  | Managing Director | 02-Feb-1990 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sagar Shah | Whole-Time Director | 16-Apr-2012 | Current |
| Kaminiben Shah | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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.
Related Corporates (Common Directorship)
Safex Properties LimitedYogesh Shah, Kaminiben Shah and 1 more are mutual person
Safex Mech Marvels Industries Private LimitedKaminiben Shah is a mutual person
- Safex Tradebizz Llp
Sagar Shah is a mutual person
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.
Deals i
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
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.
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.
- 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100916402 was registered on 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.
- Charges
A charge with Sidbi amounted to Rs. 0.60 Cr with Charge ID 100866179 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Safex Industries Limited?
Safex Industries Limited was incorporated on 02 Feb 1990.
What is authorized share capital and paid-up capital of Safex Industries Limited?
The authorized share capital of Safex Industries Limited is ₹ 1.54 Cr and paid-up capital is ₹ 1.54 Cr.
Who are the current board members & directors of Safex Industries Limited?
Currently 3 directors are associated with Safex Industries Limited.
- Yogesh Ratilal Shah
- Kaminiben Yogesh Shah
- Sagar Yogeshbhai Shah
What is the registered address of Safex Industries Limited?
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.
What is the corporate identification number (CIN) and company number of Safex Industries Limited?
The corporate identification number (CIN) of Safex Industries Limited is U29304GJ1990PLC013315 and the company number is 013315 as per Ministry of Corporate Affairs (MCA).
What is the official website of Safex Industries Limited?
The Official website of Safex Industries Limited is https://www.safexcranes.com
How many employees does Safex Industries Limited currently have?
As Per 2023 financial reports, 162 employees are currently employed by Safex Industries Limited.
What are the total open charges for 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.
When was the last Balance Sheet of Safex Industries Limited filed with the ROC?
The most recent Balance Sheet for Safex Industries Limited was filed with the ROC on 31 Mar 2023.
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