About Safenest Technologies Private Limited
Data last updated:
Safenest Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 24 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC120702. Its GSTIN is 29ABBCS4813J1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gobinda Chandra Behera and Muniraju Mohan.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹49.49 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹71,397 (net margin -1.4%) and EBITDA of ₹2.32 Lakh (EBITDA margin 4.7%).
The company is associated with 1 brand: Safenest Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safenesttech.com.
Company details
Contact details
Safenest Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is safenesttech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSri Skanda No. 123 1st Floor 1st Cross Aa Cross 2nd H Main Road Ka, Sturinagar, Bengaluru, Karnataka, India – 560043
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Safenest Technologies Private Limited, buy the company report.
- 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
Brands
Safenest Technologies operates one associated brand: Safenest Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT planning, designing, development, and service offerings in Bangalore. | safenesttech.com |
Business activity
The main business activity of Safenest Technologies 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 Safenest Technologies Private Limited, buy the company report.
Financials of Safenest Technologies Private Limited
FY 2022 filings availableSafenest Technologies Private Limited reported revenue of ₹49.49 Lakh (up 52% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year. EBITDA fell 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹49.49 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.32 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹71,397 | |||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.7% | |||
| Net Profit Margin | -1.4% | |||
| 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 | ||||
To see the full financial statements and ratios of Safenest Technologies Private Limited, buy the company report.
Board of directors of Safenest Technologies Private Limited
Safenest Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gobinda Chandra Behera Also directs: Synonymstek India Private Limited | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Muniraju Mohan Also directs: Safenest Msource LLP | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Sharath Manjunath Also directs: Safenest Msource LLP | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Vardharajan Srinivasan Also directs: Safenest Msource LLP | Director | 25 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Safenest Technologies Private Limited is audited by RENUKAPATHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RENUKAPATHI & CO | FY 2022 | 017214S |
Shareholding
The shareholding of Safenest Technologies Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Safenest Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Safenest Technologies 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 Safenest Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Safenest Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABBCS4813J1Z5 | Karnataka | Active | 21 Feb 2019 |
To see the full GST registrations and return filing status of Safenest Technologies Private Limited, buy the company report.
Recent activity
Safenest Technologies Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Vardharajan Srinivasan ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Safenest Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 24 January 2019 (7+ years old) and is registered under CIN U72900KA2019PTC120702.
Safenest Technologies has 4 current directors:
- Gobinda Chandra Behera - Director
- Muniraju Mohan - Director
- Sharath Manjunath - Director
- Vardharajan Srinivasan - Director
The latest financial statements of Safenest Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Safenest Technologies is 29ABBCS4813J1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Safenest Technologies is U72900KA2019PTC120702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safenest Technologies was incorporated on 24 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Vardharajan Srinivasan ceased to be Additional Director on 31 Dec 2020. Vardharajan Srinivasan was appointed as Director on 25 Jan 2019. Gobinda Chandra Behera was appointed as Director on 24 Jan 2019. Safenest Technologies has 5 board changes on record in total.
Safenest Technologies can be reached through the website safenesttech.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Safenest Technologies is at Sri Skanda No. 123 1st Floor 1st Cross Aa Cross 2nd H Main Road Ka, Sturinagar, Bengaluru, Karnataka, India – 560043.
Safenest Technologies operates in the engineering industry, in the engineering design and consultancy segment.