Transafe Services Ltd. was incorporated on 15th October 1990. It was earlier known in the name of Indian Container Leasing Company Ltd. and was jointly promoted by ICICI Ltd., SCICI Ltd., UTI jointly with TDICI Ltd. and Balmer Lawrie & Co. Ltd. In 1990-91, the Company started its journey with the business of leasing of various types of Containers for road and rail transportation of goods. Later it forayed into the business of specialty container manufacturing and logistics services. As of today, the shares of the Company are being held by Balmer Lawrie & Co. Ltd. and Balmer Lawrie Van Leer Ltd.