Insurextech Private Limited
About Insurextech Private Limited
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Insurextech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC196526.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaj Sharadrao Kanchankar and Sharad Narayanrao Kanchankar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. A/1 – 904 Jsminium Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.95 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹13.85 Lakh (net margin 7.1%) and EBITDA of ₹21.96 Lakh (EBITDA margin 11.2%).
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- Registered AddressFlat No. A/1 – 904 Jsminium Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028
- IndustryInformation Technology, Application Development & Software Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Insurextech Private Limited
The main business activity of Insurextech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Insurextech Private Limited FY 2025 filings available
Insurextech Private Limited reported revenue of ₹1.95 Cr (up 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Insurextech Private Limited
Revenue rose 65% in the latest year. EBITDA rose 62% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Insurextech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹21.96 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.85 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Insurextech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Insurextech are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Insurextech Private Limited
Insurextech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Sharadrao Kanchankar Also directs: Satvix Ventures LLP | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Sharad Narayanrao Kanchankar Also directs: Satvix Informatics Private Limited | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
Peer Comparison of Insurextech Private Limited
Insurextech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wikkerwork Software Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Young India Infra Developers Private Limited | ₹1.96 Cr (FY 2021) | •••• | •••• | 481.0% | •••• | Bhubaneswar, Odisha, India |
| Go Ads India Private Limited | ₹1.96 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Jodhpur, Rajasthan, India |
| Biretail Solutions (India) Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bengaluru, Karnataka, India |
| Itraitz IT Solutions Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Thiruvananthapuram, Kerala, India |
| Insurextech Private Limited this company | ₹1.95 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Pune, Maharashtra, India |
| Rarelogics Infotech Private Limited | ₹1.95 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Gai Technologies Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Bhairav Technologies Private Limited | ₹1.94 Cr (FY 2017) | •••• | •••• | -13.0% | •••• | Sangli, Maharashtra, India |
| Digitalmain Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Silicon Line Systems Private Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Insurextech by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Insurextech Private Limited
Insurextech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Insurextech Private Limited
Employment history and EPFO contributions of people linked to Insurextech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Insurextech Private Limited
Insurextech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Pankaj Sharadrao Kanchankar was appointed as Director on 03 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Insurextech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Insurextech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Insurextech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Insurextech Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Insurextech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Insurextech Private Limited
Insurextech is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 December 2020 (6+ years old) and is registered under CIN U72900PN2020PTC196526.
Insurextech reported revenue of ₹1.95 Cr for FY 2024 (up 65% YoY).
Insurextech has 2 current directors:
- Pankaj Sharadrao Kanchankar - Director
- Sharad Narayanrao Kanchankar - Director
Insurextech reported a net profit of ₹13.85 Lakh (net margin 7.1%) and EBITDA of ₹21.96 Lakh (EBITDA margin 11.2%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Insurextech is U72900PN2020PTC196526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Insurextech was incorporated on 03 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Insurextech by revenue are Wikkerwork Software Private Limited, Young India Infra Developers Private Limited, Go Ads India Private Limited, Biretail Solutions (India) Private Limited, Itraitz IT Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Pankaj Sharadrao Kanchankar was appointed as Director on 03 Dec 2020. Sharad Narayanrao Kanchankar was appointed as Director on 03 Dec 2020.
The registered office of Insurextech is at Flat No. A1 – 904 Jsminium Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.
Insurextech has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Insurextech operates in the information technology industry, in the application development and software solutions segment.