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Turanth Suraksha Insurance Web Aggregator Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.11 Cr
▼ 82% YoY
Net loss · FY 2025
₹18.88 Lakh
Net margin -9%
EBITDA · FY 2025
₹68.54 Lakh
EBITDA margin 32.5%
Authorised capital
₹4.99 Cr
Registered with MCA
Paid-up capital
₹4.4 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Turanth Suraksha Insurance Web Aggregator Private Limited
Data last updated:
Turanth Suraksha Insurance Web Aggregator Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 21 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2020PTC339503. Its GSTIN is 27AAHCT8464B1Z6 (Maharashtra).
The company has an authorised share capital of ₹4.99 Cr and a paid-up capital of ₹4.4 Cr. It is led by directors including Vivek Vishwas Karulkar and Satish Thakurdas Sawnani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 601 Raj Sarovar Bhakti Complex Ic Col Borivali West, Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹18.88 Lakh (net margin -9%) and EBITDA of ₹68.54 Lakh (EBITDA margin 32.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years.
The company is associated with 1 brand: Bima Mandi. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹10.75 Cr; the latest was in June 2020.
Turanth Suraksha Insurance Web Aggregator Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0179181). For more details, the company can be reached via its website bimamandi.in.
Company details
CIN U66000MH2020PTC339503
Registration Number 339503
Incorporation Date 21 April 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0179181
Key People
Vivek Vishwas Karulkar Director Satish Thakurdas Sawnani Director Rajendra Jaysing Sawant Director Recognitions & Rankings of Turanth Suraksha Insurance Web Aggregator
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0179181
Contact details
Turanth Suraksha Insurance Web Aggregator Private Limited's registered office is in Mumbai, Maharashtra. Its website is bimamandi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address601 Raj Sarovar Bhakti Complex Ic Col Borivali West, Mumbai, Maharashtra, India – 400068
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Turanth Suraksha Insurance Web Aggregator Private Limited, buy the company report.
Comprehensive company report
Turanth Suraksha Insurance Web Aggregator Private Limited - one report that includes everything
- 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
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Brands
Turanth Suraksha Insurance Web Aggregator operates one associated brand: Bima Mandi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Health insurance services are provided by Bima Mandi in India. | bimamandi.in |
Business activity
The main business activity of Turanth Suraksha Insurance Web Aggregator is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Turanth Suraksha Insurance Web Aggregator Private Limited, buy the company report.
Financials of Turanth Suraksha Insurance Web Aggregator Private Limited
FY 2024 filings availableTuranth Suraksha Insurance Web Aggregator Private Limited reported revenue of ₹2.11 Cr (down 82% YoY) for FY 2025.
Revenue · FY 2025
₹2.11 Cr ▼ 82%
Net loss · FY 2025
₹18.88 Lakh margin -9%
EBITDA · FY 2025
₹68.54 Lakh margin 32.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 82%
3 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▲ 134%
3 years · compounded
▲ 49%
Revenue fell 82% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 53%. EBITDA rose 134% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹68.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.5% | ||||
| Net Profit Margin | -9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Turanth Suraksha Insurance Web Aggregator Private Limited, buy the company report.
Board of directors of Turanth Suraksha Insurance Web Aggregator Private Limited
Turanth Suraksha Insurance Web Aggregator has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Vishwas Karulkar Also directs: SDV Infotech Consultants LLP | Director | 09 May 2024 | 2 Years 6 Months | Current |
| Satish Thakurdas Sawnani | Director | 21 Apr 2020 | 6 Years 6 Months | Current |
| Rajendra Jaysing Sawant | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
Auditor
Turanth Suraksha Insurance Web Aggregator Private Limited is audited by SARAF ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAF ASSOCIATES | FY 2023 | 109238W |
Shareholding
The shareholding of Turanth Suraksha Insurance Web Aggregator Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Turanth Suraksha Insurance Web Aggregator Private Limited, buy the company report.
Deals & funding
Turanth Suraksha Insurance Web Aggregator Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹10.75 Cr; the latest was in June 2020.
Total deals
2
Funding rounds
2
Disclosed funding
₹10.75 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Funding round | ₹6.76 Cr | Investors: Others - Turanth Suraksha Insurance Web Aggregator Private Limited, Arkfin Investments Private Limited, 2 individuals |
| May 2020 | Funding round | ₹3.99 Cr | Investors: Others - Turanth Suraksha Insurance Web Aggregator Private Limited, Arkfin Investments Private Limited, Arkfin Consultancy LLP, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Turanth Suraksha Insurance Web Aggregator Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Turanth Suraksha Insurance Web Aggregator Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Turanth Suraksha Insurance Web Aggregator has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT8464B1Z6 | Maharashtra | Active | 29 Jul 2020 |
To see the full GST registrations and return filing status of Turanth Suraksha Insurance Web Aggregator Private Limited, buy the company report.
Recent activity
Turanth Suraksha Insurance Web Aggregator Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Vivek Vishwas Karulkar ceased to be Additional Director on 29 Sep 2024.
AGM
Turanth Suraksha Insurance Web Aggregator Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Vivek Vishwas Karulkar ceased to be Additional Director.
Appointed
Vivek Vishwas Karulkar was appointed as Director.
Filing
Turanth Suraksha Insurance Web Aggregator Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Sunil Mundiyath Devdas ceased to be Director.
Ceased
Ramchandra Vijaykumar Pandit ceased to be Ceo(Kmp).
Ceased
Rajendra Jaysing Sawant ceased to be Additional Director.
Appointed
Rajendra Jaysing Sawant was appointed as Director.
Ceased
Prashant Arvind Karulkar ceased to be Additional Director.
Appointed
Satish Thakurdas Sawnani was appointed as Director.
Incorporation
21 Apr 2020
Turanth Suraksha Insurance Web Aggregator Private Limited was registered on 21 Apr 2020 with Roc Mumbai & aged 6 years 6 months as per MCA records.
Frequently asked questions
Turanth Suraksha Insurance Web Aggregator is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 21 April 2020 (6+ years old) and is registered under CIN U66000MH2020PTC339503.
Turanth Suraksha Insurance Web Aggregator has 3 current directors:
- Vivek Vishwas Karulkar - Director
- Satish Thakurdas Sawnani - Director
- Rajendra Jaysing Sawant - Director
The latest financial statements of Turanth Suraksha Insurance Web Aggregator on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Turanth Suraksha Insurance Web Aggregator is 27AAHCT8464B1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Turanth Suraksha Insurance Web Aggregator is U66000MH2020PTC339503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turanth Suraksha Insurance Web Aggregator was incorporated on 21 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Turanth Suraksha Insurance Web Aggregator has 2 deals on record (2 funding rounds), with disclosed funding of ₹10.75 Cr; the latest was in June 2020.
Vivek Vishwas Karulkar ceased to be Additional Director on 29 Sep 2024. Vivek Vishwas Karulkar was appointed as Director on 09 May 2024. Sunil Mundiyath Devdas ceased to be Director on 07 Nov 2023. Turanth Suraksha Insurance Web Aggregator has 8 board changes on record in total.
Yes, Turanth Suraksha Insurance Web Aggregator is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Turanth Suraksha Insurance Web Aggregator is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0179181).
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