Saffroncoin Solutions Private Limited

Provides software design, development, and blockchain solutions with GoSats app.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: February 09, 2025

Saffroncoin Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 155.49%
  • Profit Growth -4938.99%
  • Ebitda -554.37%
  • Net Worth -32.09%
  • Total Assets 16.42%

About Saffroncoin Solutions

Saffroncoin Solutions Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 2019 (Five years and nine months 19 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mohamed Roshan and Shakeela Aslam serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gosats.io

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U62099KA2019PTC124253

  • Company No.

    124253

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Saffroncoin Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Mohamed Roshan Country flag representing In Director 10-May-2019Current
Shakeela Aslam Country flag representing In Director 10-May-2019Current

Financial Performance of Saffroncoin Solutions.

Saffroncoin Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 155.49% increase. The company also saw a substantial fall in profitability, with a 4938.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 32.09%.

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
155.49%
Revenue from Operations
155.48%
Total Assets
16.42%
Profit or Loss
-4938.99%
Net Worth
-32.09%
EBITDA
-554.37%

What is the Ownership and Shareholding Structure of Saffroncoin Solutions?

In 2023, Saffroncoin Solutions had a public holding of 100.00%. 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 Saffroncoin Solutions?

Unlock and access historical data on people associated with Saffroncoin Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saffroncoin Solutions, 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 Saffroncoin Solutions'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 Saffroncoin Solutions

Recent activity within the organization

  • Annual General Meeting

    Saffroncoin Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saffroncoin Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Mohamed Aslam Roshan was appointed as a Director was appointed as a Director on 10 May 2019 & has been associated with this company since 5 years 9 months .

    10 May 2019

  • Director Appointment

    Shakeela Aslam was appointed as a Director was appointed as a Director on 10 May 2019 & has been associated with this company since 5 years 9 months .

    10 May 2019

  • Company Incorporation

    Saffroncoin Solutions Private Limited was registered on 10 May 2019 with Roc Bangalore & aged 5 years 9 months as per MCA records.

    10 May 2019

Frequently asked questions

  • Saffroncoin Solutions Private Limited was incorporated on 10 May 2019.

  • The authorized share capital of Saffroncoin Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Saffroncoin Solutions Private Limited.

    • Mohamed Aslam Roshan
    • Shakeela Aslam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffroncoin Solutions Private Limited is 703 30Th A Cross Jayanagar, Thilaknagar India, Bangalore, Karnataka, 560041.

  • The corporate identification number (CIN) of Saffroncoin Solutions Private Limited is U62099KA2019PTC124253 and the company number is 124253 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saffroncoin Solutions Private Limited is https://www.gosats.io

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saffroncoin Solutions Private Limited has risen by 155.49%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saffroncoin Solutions Private Limited has experienced an downturn of -32.09%.

  • The most recent Balance Sheet for Saffroncoin Solutions Private Limited was filed with the ROC on 31 Mar 2023.