DPIIT recognised startup Government of India
Startup India
Safe IT Solutions Private Limited - software in Indore, Madhya Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2021
₹5.84 Lakh
▼ 50% YoY
Net loss · FY 2021
₹3,310
Net margin -0.6%
EBITDA · FY 2021
₹9,907
EBITDA margin 1.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2021
Balance sheet date
About Safe IT Solutions Private Limited
Data last updated:
Safe IT Solutions Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and IT solutions segment of the software and technology sector. It was incorporated on 11 September 2019.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2019PTC049548.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ajinkya Dumbhare and Ajay Kumar Golani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Indore, Madhya Pradesh.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.84 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹3,310 (net margin -0.6%) and EBITDA of ₹9,907 (EBITDA margin 1.7%).
The last known website on record is safeittech.com.
Company details
CIN U72200MP2019PTC049548
Registration Number 049548
Incorporation Date 11 September 2019
ROC Gwalior
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Safe IT Solutions
Contact details
Safe IT Solutions Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered AddressB – 103 Radhika Premier Plot No. 4 5/25 Radhika Palace Mahalaxmi Nagar Ma, In Road, Indore, Madhya Pradesh, India – 452010
- IndustrySoftware, Software Development, Software Publishing
Comprehensive company report
Safe IT Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Safe IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Safe IT Solutions Private Limited, buy the company report.
Financials of Safe IT Solutions Private Limited
FY 2021 filings availableSafe IT Solutions Private Limited reported revenue of ₹5.84 Lakh (down 50% YoY) for FY 2021.
Revenue · FY 2021
₹5.84 Lakh ▼ 50%
Net loss · FY 2021
₹3,310 margin -0.6%
EBITDA · FY 2021
₹9,907 margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
EBITDA CAGR growth
1 year
▼ 64%
Revenue fell 50% in the latest year. EBITDA fell 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| 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 | ₹9,907 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3,310 | |
| 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 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.7% | |
| Net Profit Margin | -0.6% | |
| 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 Safe IT Solutions Private Limited, buy the company report.
Board of directors of Safe IT Solutions Private Limited
Safe IT Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajinkya Dumbhare Also directs: Acgtech Partners LLP, Osbert Technologies Private Limited | Director | 11 Sep 2019 | 7 Years 1 Months | As last reported |
| Ajay Kumar Golani Also directs: Genxai Softgrid Private Limited, Shopvii Solutions Private Limited | Director | 11 Sep 2019 | 7 Years 1 Months | As last reported |
| Mayank Singh Sikarwar | Director | 01 Nov 2019 | 6 Years 11 Months | As last reported |
Peer comparison
Safe IT Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cybernet Infocom Private Limited | ₹5.84 Lakh (FY 2021) | 65.0% | Jaipur, Rajasthan, India | |||
| Prviga Solutions Private Limited | ₹5.84 Lakh (FY 2024) | -64.0% | Chennai, Tamil Nadu, India | |||
| Trizova Technologies Private Limited | ₹5.84 Lakh (FY 2025) | 162.0% | Thiruvananthapuram, Kerala, India | |||
| Futuristic Technologies Private Limited | ₹5.84 Lakh (FY 2025) | -45.0% | New Delhi, Delhi, India | |||
| Apace Deal Online Private Limited | ₹5.84 Lakh (FY 2018) | Howrah, West Bengal, India | ||||
| Safe IT Solutions Private Limitedthis company | ₹5.84 Lakh (FY 2021) | -₹3,310 | -0.6% | -50.0% | Indore, Madhya Pradesh, India | |
| Ilogics Software Technology Private Limited | ₹5.83 Lakh (FY 2021) | -49.0% | Chennai, Tamil Nadu, India | |||
| Capshun Digital Private Limited | ₹5.83 Lakh (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Evelyn Software Labs Private Limited | ₹5.83 Lakh (FY 2016) | -1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Safe IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Safe IT Solutions 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 Safe IT Solutions 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 Safe IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Safe IT Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Mayank Singh Sikarwar was appointed as Director on 01 Nov 2019.
AGM
Safe It Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Safe It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Gwalior.
Appointed
Mayank Singh Sikarwar was appointed as Director.
Ceased
Sumit Goyal ceased to be Director.
Appointed
Ajay Kumar Golani was appointed as Director.
Appointed
Ajinkya Dumbhare was appointed as Director.
Incorporation
11 Sep 2019
Safe It Solutions Private Limited was registered on 11 Sep 2019 with Roc Gwalior & aged 7 years 1 month as per MCA records.
Frequently asked questions
Safe IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Safe IT Solutions was a private limited company based in Indore, Madhya Pradesh, India. The company worked in software development, within the software industry. It was incorporated on 11 September 2019 and is registered under CIN U72200MP2019PTC049548. The company has been struck off by the Registrar of Companies and is no longer operational.
Safe IT Solutions had 3 directors:
- Ajinkya Dumbhare - Director
- Ajay Kumar Golani - Director
- Mayank Singh Sikarwar - Director
The CIN (Corporate Identification Number) of Safe IT Solutions is U72200MP2019PTC049548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Safe IT Solutions is at B – 103 Radhika Premier Plot No. 4 525 Radhika Palace Mahalaxmi Nagar Ma, In Road, Indore, Madhya Pradesh, India – 452010.
Safe IT Solutions was incorporated on 11 September 2019. It is registered with the Registrar of Companies, Gwalior.
Yes, Safe IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Safe IT Solutions can be reached through the website safeittech.com. Its registered office is in Indore, Madhya Pradesh, India.
The latest financial statements of Safe IT Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
Safe IT Solutions operated in the software industry, in the software development segment. It worked in this industry before it was struck off.
The peers of Safe IT Solutions by revenue are Cybernet Infocom Private Limited, Prviga Solutions Private Limited, Trizova Technologies Private Limited, Futuristic Technologies Private Limited, Apace Deal Online Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).