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Mass Insurtech Private Limited
Mass Insurtech Private Limited - non-profit organizations in Vadodara, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2024
₹2.52 Lakh
▼ 92% YoY
Net loss · FY 2024
₹44,446
Net margin -17.7%
EBITDA · FY 2024
-₹42,346
EBITDA margin -16.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Mass Insurtech Private Limited
Data last updated:
Mass Insurtech Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 25 August 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85300GJ2022PTC134988.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yogesh Rameshbhai Bhatti and Dharmisthaben Parmar.
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 B – 403 Shri Siddnath Planet Nr Omkara Heritage Nw Vip Road, Vadodara, Gujarat, India – 390018.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.52 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹44,446 (net margin -17.7%) and EBITDA of -₹42,346 (EBITDA margin -16.8%).
Company details
CIN U85300GJ2022PTC134988
Registration Number 134988
Incorporation Date 25 August 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Mass Insurtech
Contact details
Mass Insurtech Private Limited's registered office is in Vadodara, Gujarat.
- Registered AddressB – 403 Shri Siddnath Planet Nr Omkara Heritage Nw Vip Road, Vadodara, Gujarat, India – 390018
- IndustryNon-Profit Organizations, Social Work
Comprehensive company report
Mass Insurtech 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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Business activity
The main business activity of Mass Insurtech is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Mass Insurtech Private Limited, buy the company report.
Financials of Mass Insurtech Private Limited
FY 2024 filings availableMass Insurtech Private Limited reported revenue of ₹2.52 Lakh (down 92% YoY) for FY 2024.
Revenue · FY 2024
₹2.52 Lakh ▼ 92%
Net loss · FY 2024
₹44,446 margin -17.7%
EBITDA · FY 2024
-₹42,346 margin -16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
EBITDA CAGR growth
1 year
▼ 115%
Revenue fell 92% in the latest year. EBITDA fell 115% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹42,346 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹44,446 | |
| 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -16.8% | |
| Net Profit Margin | -17.7% | |
| 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 | ||
To see the full financial statements and ratios of Mass Insurtech Private Limited, buy the company report.
Board of directors of Mass Insurtech Private Limited
Mass Insurtech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Rameshbhai Bhatti | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Dharmisthaben Parmar | Additional Director | 24 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Mass Insurtech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pixelsdoneright Private Limited | ₹2.53 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| Sana Edutech Private Limited (OPC) | ₹2.53 Lakh (FY 2025) | -85.0% | Bangalore, Karnataka, India | |||
| Subbaraman Innovations Private Limited | ₹2.52 Lakh (FY 2023) | -83.0% | Madurai, Tamil Nadu, India | |||
| Ayaano Technologies Private Limited | ₹2.52 Lakh (FY 2018) | Navi Mumbai, Maharashtra, India | ||||
| Spit Infotech (OPC) Private Limited | ₹2.52 Lakh (FY 2020) | Pune, Maharashtra, India | ||||
| Mass Insurtech Private Limitedthis company | ₹2.52 Lakh (FY 2024) | -₹44,446 | -17.7% | -92.0% | Vadodara, Gujarat, India | |
| Progmark Private Limited | ₹2.51 Lakh (FY 2021) | Thane, Maharashtra, India | ||||
| Vadhuvar Matrimony Services Private Limited | ₹2.51 Lakh (FY 2023) | Pune, Maharashtra, India | ||||
| MNM Commodity Services Pvt Ltd | ₹2.51 Lakh (FY 2019) | -98.0% | Kolkata, West Bengal, India | |||
| Greeninfintity Services (OPC) Private Limited | ₹2.51 Lakh (FY 2025) | -46.0% | Patna, Bihar, India | |||
| Enstaserv Eservices Limited | ₹2.51 Lakh (FY 2025) | 66.0% | Delhi, India |
To see the full peer comparison of Mass Insurtech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mass Insurtech 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 Mass Insurtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mass Insurtech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mass Insurtech Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Rupaben Yogeshbhai Bhatti ceased to be Director on 14 Dec 2024.
Ceased
Rupaben Yogeshbhai Bhatti ceased to be Director.
AGM
Mass Insurtech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mass Insurtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Dharmisthaben Parmar was appointed as Additional Director.
Appointed
Yogesh Rameshbhai Bhatti was appointed as Director.
Incorporation
25 Aug 2022
Mass Insurtech Private Limited was registered on 25 Aug 2022 with Roc Ahmedabad & aged 4 years 2 months as per MCA records.
Frequently asked questions
Mass Insurtech is an active private limited company based in Vadodara, Gujarat, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 25 August 2022 (4+ years old) and is registered under CIN U85300GJ2022PTC134988.
Mass Insurtech has 2 current directors:
- Yogesh Rameshbhai Bhatti - Director
- Dharmisthaben Parmar - Additional Director
The latest financial statements of Mass Insurtech 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Mass Insurtech is U85300GJ2022PTC134988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mass Insurtech was incorporated on 25 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mass Insurtech by revenue are Pixelsdoneright Private Limited, Sana Edutech Private Limited (OPC), Subbaraman Innovations Private Limited, Ayaano Technologies Private Limited, Spit Infotech (OPC) Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Rupaben Yogeshbhai Bhatti ceased to be Director on 14 Dec 2024. Dharmisthaben Parmar was appointed as Additional Director on 24 Dec 2022. Yogesh Rameshbhai Bhatti was appointed as Director on 25 Aug 2022.
Yes, Mass Insurtech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Mass Insurtech is at B – 403 Shri Siddnath Planet Nr Omkara Heritage Nw Vip Road, Vadodara, Gujarat, India – 390018.
Mass Insurtech operates in the non-profit organizations industry, in the social work segment.
Mass Insurtech can be reached at its registered office: B – 403 Shri Siddnath Planet Nr Omkara Heritage Nw Vip Road, Vadodara, Gujarat, India – 390018.
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