Safe Enterprises Retail Fixtures Ltd Company Summary

Safe Enterprises Retail Fixtures Ltd Summary

Safe Enterprises Retail Fixtures Limited was originally formed as a Partnership Firm under the Indian Partnership Act, 1932 under the name and style of M/s Safe Enterprises pursuant to a Deed of Partnership entered at Mumbai, Maharashtra with effect from August 01, 1976. Further, M/s Safe Enterprises was subsequently converted from the partnership Firm to a Public Limited Company in the name of Safe Enterprises Retail Fixtures Limited vide Certificate of Incorporation, issued by the Registrar of Companies, Central Registration Centre on July 21, 2024.The Company tookover the Insync Shopfittings business into Safe Enterprises as a going concern through a Slump Sale Deed dated May 11 2016, from the sister concern, Insync Retail Project Management Private Limited in year 2016. Later, it installed a new plant at Nerul, Navi Mumbai in 2023. The Company has acquired 42.65% controlling interest in Safe Enterprises Retail Technologies Private Limited; followed by acquiring 94.26% controlling interest in Safe Enterprises Retail Technologies Private Limited and 99.97% stake in Inscite Advisory Services LLP in 2024. At present, Company is engaged in the business of designing, manufacturing, supplying and installation of shop fittings and retail fixtures, offering a wide range of customized in-store solutions across multiple retail segments such as fashion & apparels, electronics, departmental store etc. The Company works 3 manufacturing units of which one is situated in Sanpada, Thane and 2 in Nerul, Navi Mumbai. Additionally,it operate two franchisees in Navi Mumbai and Hyderabad along with two Distributers in Dubai and Kansas City.Company is planning a public issue of issuing upto 1,23,00,000 Equity Shares through Fresh Issue.