DPIIT recognised startup Government of India
Startup India
Covid Safe Private Limited
Covid Safe Private Limited - consumer electronics & durables in Belgaum, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹23.72 Lakh
▲ 103% YoY
Net loss · FY 2024
₹18.6 Lakh
Net margin -78.4%
EBITDA · FY 2024
-₹15.92 Lakh
EBITDA margin -67.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Covid Safe Private Limited
Data last updated:
Covid Safe Private Limited is a private limited company based in Belgaum, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31905KA2020PTC135328. Its GSTIN is 29AAICC7786N1ZM (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemant Baburao Latthe and Abhishek Hemant Latthe.
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 90 C – 2 Mangalwar Peth Tilakwadi, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.72 Lakh, a growth of 103% compared to the previous year. For the same year it recorded a net loss of ₹18.6 Lakh (net margin -78.4%) and EBITDA of -₹15.92 Lakh (EBITDA margin -67.1%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The company is associated with 1 brand: CoronaSafe. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Covid Safe Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0001558).
Company Details of Covid Safe Private Limited
CIN U31905KA2020PTC135328
Registration Number 135328
Incorporation Date 28 June 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0001558
Recognitions & Rankings of Covid Safe
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-04-0001558
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address90 C – 2 Mangalwar Peth Tilakwadi, Belgaum, Karnataka, India – 590006
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
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Associated Brands with Covid Safe Private Limited
Covid Safe operates one associated brand: CoronaSafe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based platform for emergency incident management | coronasafe.network |
Business Activity of Covid Safe Private Limited
The main business activity of Covid Safe is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Covid Safe Private Limited FY 2025 filings available
Covid Safe Private Limited reported revenue of ₹23.72 Lakh (up 103% YoY) for FY 2024.
Revenue · FY 2024
₹23.72 Lakh ▲ 103%
Net loss · FY 2024
₹18.6 Lakh margin -78.4%
EBITDA · FY 2024
-₹15.92 Lakh margin -67.1%
Compounded Annual Growth Rate (CAGR) of Covid Safe Private Limited
Revenue CAGR growth
1 year
▲ 103%
3 years · compounded
▼ 28%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 18%
Revenue rose 103% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA rose 70% 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 of Covid Safe 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 | -₹15.92 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.6 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 Covid Safe Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -67.1% | •••• | •••• | •••• |
| Net Profit Margin | -78.4% | •••• | •••• | •••• |
| 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 Covid Safe are in the company report.
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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 Covid Safe Private Limited
Covid Safe has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Baburao Latthe | Director | 28 Jun 2020 | 6 Years 3 Months | Current |
| Abhishek Hemant Latthe | Director | 28 Jun 2020 | 6 Years 3 Months | Current |
Peer Comparison of Covid Safe Private Limited
Covid Safe Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Relmer Electric Company Limited | ₹23.81 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| April Global Solution Private Limited | ₹23.79 Lakh (FY 2019) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Ioc Phinergy Private Limited | ₹23.78 Lakh (FY 2025) | •••• | •••• | 419.0% | •••• | Delhi, India |
| Vicitra Decor Private Limited | ₹23.76 Lakh (FY 2025) | •••• | •••• | 806.0% | •••• | New Delhi, Delhi, India |
| Calsmelt Metaliks Private Limited | ₹23.76 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Kolkata, West Bengal, India |
| Covid Safe Private Limited this company | ₹23.72 Lakh (FY 2024) | •••• | •••• | 103.0% | •••• | Belgaum, Karnataka, India |
| Cielmac Private Limited | ₹23.7 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| SKHM Technologies Private Limited | ₹23.68 Lakh (FY 2024) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Motosound Technologies Private Limited | ₹23.65 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Powerturn Engineers Pvt Ltd | ₹23.56 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | Kochi, Kerala, India |
| Q-Click India Private Limited | ₹23.52 Lakh (FY 2025) | •••• | •••• | 811.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Covid Safe by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Covid Safe Private Limited
Covid Safe Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Covid Safe Private Limited
Covid Safe Private Limited has 1 court case on record: 1 filed by Covid Safe. All case is pending. Status as checked on 01 Oct 2026.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Commercial matter | Filed by the company against Docketrun Tech Private Limited | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Covid Safe Private Limited
Employment history and EPFO contributions of people linked to Covid Safe.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Covid Safe Private Limited
Covid Safe Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Abhishek Hemant Latthe was appointed as Director on 28 Jun 2020.
AGM
Covid Safe Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Covid Safe Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Abhishek Hemant Latthe was appointed as Director.
Appointed
Hemant Baburao Latthe was appointed as Director.
Incorporation
28 Jun 2020
Covid Safe Private Limited was registered on 28 Jun 2020 with Roc Bangalore & aged 6 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Covid Safe Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Covid Safe Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Covid Safe Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Covid Safe Private Limited
Covid Safe has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC7786N1ZM | Karnataka | Active | 17 Jul 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Covid Safe Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Covid Safe Private Limited
Covid Safe is an active private limited company based in Belgaum, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 June 2020 (6+ years old) and is registered under CIN U31905KA2020PTC135328.
Covid Safe reported revenue of ₹23.72 Lakh for FY 2024 (up 103% YoY).
Covid Safe has 2 current directors:
- Hemant Baburao Latthe - Director
- Abhishek Hemant Latthe - Director
Covid Safe reported a net loss of ₹18.6 Lakh (net margin -78.4%) and EBITDA of -₹15.92 Lakh (EBITDA margin -67.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Covid Safe is -28% over three years. In the latest year (FY 2024) revenue rose 103%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Covid Safe is 29AAICC7786N1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Covid Safe is U31905KA2020PTC135328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covid Safe has 1 court case on record: 1 filed by the company. 1 is pending.
Covid Safe was incorporated on 28 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Covid Safe by revenue are Relmer Electric Company Limited, April Global Solution Private Limited, Ioc Phinergy Private Limited, Vicitra Decor Private Limited, Calsmelt Metaliks Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Abhishek Hemant Latthe was appointed as Director on 28 Jun 2020. Hemant Baburao Latthe was appointed as Director on 28 Jun 2020.