Safetynet Corporation Private Limited

Insuretech platform making insurance and healthcare accessible to businesses in India.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Safetynet Corporation Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.16 M
  • Company Age 3 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -48.74%
  • Profit Growth 61.40%
  • Ebitda -137.08%
  • Net Worth 5.34%
  • Total Assets 4.79%

About Safetynet Corporation

Safetynet Corporation Private Limited (SCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 March 2021 (Three years and 11 months 11 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 0.50 M and a paid-up capital of Rs 0.16 M, as per Ministry of Corporate Affairs (MCA) records.

Sanil Basutkar and Anuj Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    healthysure.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65990MH2021PTC356943

  • Company No.

    356943

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Safetynet Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Anuj Parekh Country flag representing In Managing Director13-Mar-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Sanil Basutkar Country flag representing In Director 17-Sep-2021Current

Financial Performance of Safetynet Corporation.

Safetynet Investment Holdings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.74% decrease. The company also saw a substantial improvement in profitability, with a 61.4% increase in profit. The company's net worth moved up by a moderate rise of 5.34%.

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
-48.74%
Revenue from Operations
Total Assets
4.79%
Profit or Loss
61.40%
Net Worth
5.34%
EBITDA
-137.08%

What is the Ownership and Shareholding Structure of Safetynet Corporation?

In 2023, Safetynet Corporation had a promoter holding of 88.17% and a public holding of 11.84%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Safetynet Corporation?

Safetynet Corporation has a workforce of 0 employees as of Mar 21, 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 Safetynet Corporation, 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 Safetynet Corporation'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 Safetynet Corporation

Recent activity within the organization

  • Annual General Meeting

    Safetynet Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Safetynet Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sanil Kailas Basutkar was appointed as a Director was appointed as a Director on 17 Sep 2021 & has been associated with this company since 3 years 5 months .

    17 Sep 2021

  • Director Appointment

    Anuj Parag Parekh was appointed as a Managing Director was appointed as a Managing Director on 13 Mar 2021 & has been associated with this company since 3 years 11 months .

    13 Mar 2021

  • Company Incorporation

    Safetynet Corporation Private Limited was registered on 13 Mar 2021 with Roc Mumbai & aged 3 years 11 months as per MCA records.

    13 Mar 2021

Frequently asked questions

  • Safetynet Corporation Private Limited was incorporated on 13 Mar 2021.

  • The authorized share capital of Safetynet Corporation Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.16 M.

  • Currently 2 directors are associated with Safetynet Corporation Private Limited.

    • Sanil Kailas Basutkar
    • Anuj Parag Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Safetynet Corporation Private Limited is B-702 Pramukh Plaza Cardinal Gracious Road Chakala Andheri East, India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Safetynet Corporation Private Limited is U65990MH2021PTC356943 and the company number is 356943 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Safetynet Corporation Private Limited is https://www.healthysure.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Safetynet Corporation Private Limited has fallen by -48.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Safetynet Corporation Private Limited has experienced an upsurge of 5.34%.

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

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