About Safecode Technologies India Private Limited
Data last updated:
Safecode Technologies India Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC094976. Its GSTIN is 24AAYCS0041G1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jinal Nemishbhai Mehta and Mansi Nemishbhai Mehta.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Jk Complex First Floor Diwanpara – 02, Rajkot, Gujarat, India – 360003.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.51 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹2.56 Lakh (net margin -30.1%) and EBITDA of -₹2.05 Lakh (EBITDA margin -24.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safecodelimited.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressJk Complex First Floor Diwanpara – 02, Rajkot, Gujarat, India – 360003
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Safecode Technologies India Private Limited
The main business activity of Safecode Technologies India 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 | J6 | 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 Safecode Technologies India Private Limited FY 2022 filings available
Safecode Technologies India Private Limited reported revenue of ₹8.51 Lakh (down 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Safecode Technologies India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 44% fall in the latest year. EBITDA fell 177% 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 Safecode Technologies India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹2.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.56 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 Safecode Technologies India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.1% | •••• | •••• | •••• | •••• |
| 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 Safecode Technologies India are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Safecode Technologies India Private Limited
Safecode Technologies India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blubilling Services Private Limited | ₹8.52 Lakh (FY 2017) | •••• | •••• | 1006.0% | •••• | Bangalore, Karnataka, India |
| Aayzee Technologies Private Limited | ₹8.52 Lakh (FY 2022) | •••• | •••• | •••• | Nagarcoil, Tamil Nadu, India | |
| Somya Infoedge Services Private Limited | ₹8.52 Lakh (FY 2017) | •••• | •••• | •••• | Patna, Bihar, India | |
| Bigtech Software Private Limited | ₹8.51 Lakh (FY 2021) | •••• | •••• | -95.0% | •••• | Bangalore, Karnataka, India |
| Gis Infocom Private Limited | ₹8.51 Lakh (FY 2019) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Safecode Technologies India Private Limited this company | ₹8.51 Lakh (FY 2022) | •••• | •••• | -44.0% | •••• | Rajkot, Gujarat, India |
| Sawasdee IT Solutions India Private Limited | ₹8.5 Lakh (FY 2020) | •••• | •••• | -88.0% | •••• | Bhopal, Madhya Pradesh, India |
| Gisinfocad Technological Services (OPC) Private Limited | ₹8.5 Lakh (FY 2022) | •••• | •••• | 309083.0% | •••• | Dharwad, Karnataka, India |
| Skydesign Infotainment Private Limited | ₹8.5 Lakh (FY 2017) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Igt India Gaming Private Limited | ₹8.5 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Xlab IT Consulting Services Private Limited | ₹8.5 Lakh (FY 2023) | •••• | •••• | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Safecode Technologies India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Safecode Technologies India Private Limited
Safecode Technologies India Private Limited is audited by P U NENSONAIYA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P U NENSONAIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Safecode Technologies India Private Limited
Safecode Technologies India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jinal Nemishbhai Mehta Also directs: Fundocean Ventures LLP, Uquick Technologies India Limited | Director | 02 Jan 2017 | 9 Years 9 Months | Current |
| Mansi Nemishbhai Mehta Also directs: Uquick Technologies India Limited | Director | 02 Jan 2017 | 9 Years 9 Months | Current |
Ownership and Shareholding of Safecode Technologies India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Safecode Technologies India Private Limited
Safecode Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Safecode Technologies India Private Limited
Employment history and EPFO contributions of people linked to Safecode Technologies India.
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 Safecode Technologies India Private Limited
Safecode Technologies India Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jinal Nemishbhai Mehta was appointed as Director on 02 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Safecode Technologies India 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 Safecode Technologies India 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 Safecode Technologies India 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 Safecode Technologies India Private Limited
Safecode Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS0041G1ZD | Gujarat | Active | 25 Jul 2017 |
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 Safecode Technologies India 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 Safecode Technologies India Private Limited
Safecode Technologies India is an active private limited company based in Rajkot, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 January 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC094976.
Safecode Technologies India reported revenue of ₹8.51 Lakh for FY 2022 (down 44% YoY).
Safecode Technologies India has 2 current directors:
- Jinal Nemishbhai Mehta - Director
- Mansi Nemishbhai Mehta - Director
Safecode Technologies India reported a net loss of ₹2.56 Lakh (net margin -30.1%) and EBITDA of -₹2.05 Lakh (EBITDA margin -24.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Safecode Technologies India is -19% over three years. In the latest year (FY 2022) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Safecode Technologies India is 24AAYCS0041G1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Safecode Technologies India is U72900GJ2017PTC094976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safecode Technologies India was incorporated on 02 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Safecode Technologies India by revenue are Blubilling Services Private Limited, Aayzee Technologies Private Limited, Somya Infoedge Services Private Limited, Bigtech Software Private Limited, Gis Infocom Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jinal Nemishbhai Mehta was appointed as Director on 02 Jan 2017. Mansi Nemishbhai Mehta was appointed as Director on 02 Jan 2017.
Yes, Safecode Technologies India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).