Secure Line Insurance Services Limited

Secure Line Insurance Services Limited - insurance in Chandigarh, India. Directors, charges & compliance details.
CIN U66000CH2009PLC031632 Incorporated 01 June 2009 ROC Chandigarh HQ Chandigarh, India
Struck Off Public Limited Company insurance
Data last updated
Revenue · FY 2019
₹51,091
▼ 97% YoY
Net loss · FY 2019
₹37.91 Lakh
Latest filing
EBITDA · FY 2019
-₹26.37 Lakh
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings

About Secure Line Insurance Services Limited

Data last updated:

Secure Line Insurance Services Limited was a public limited company based in Chandigarh, 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 insurance and pension funding segment of the insurance sector. It was incorporated on 01 June 2009.

The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U66000CH2009PLC031632.

The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It was led by directors including Ranjeeta Batta and Jagat.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at SCO 913 Top Floor Nac Manimajra, Chandigarh, India – 160101.

As per the financials filed for FY 2019, the company reported a revenue of ₹51,091, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹37.91 Lakh and EBITDA of -₹26.37 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.

As per MCA filings, the company had satisfied charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

Company details

CIN U66000CH2009PLC031632
Registration Number 031632
Incorporation Date 01 June 2009
ROC Chandigarh
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant

Contact details

Secure Line Insurance Services Limited's registered office is in Chandigarh, Chandigarh.

  • Registered Address
    SCO 913 Top Floor Nac Manimajra, Chandigarh, India – 160101
  • Industry
    Insurance, Insurance & Pension Funding
Comprehensive company report
Secure Line Insurance Services 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 Secure Line Insurance Services is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK3Life/Non-life Insurance and Reinsurance activities

To see the full business activity and turnover split of Secure Line Insurance Services Limited, buy the company report.

Financials of Secure Line Insurance Services Limited

FY 2019 filings available

Secure Line Insurance Services Limited reported revenue of ₹51,091 (down 97% YoY) for FY 2019.

Revenue · FY 2019
₹51,091 ▼ 97%
Net loss · FY 2019
₹37.91 Lakh
EBITDA · FY 2019
-₹26.37 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 69%
EBITDA CAGR growth
1 year
▼ 276%
3 years · compounded
▼ 88%

Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 97% fall in the latest year. EBITDA fell 276% 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹26.37 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹37.91 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Secure Line Insurance Services Limited, buy the company report.

Board of directors of Secure Line Insurance Services Limited

Secure Line Insurance Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
JagatAdditional Director20 Sep 20224 Years 1 MonthsAs last reported
Deepak SinghAdditional Director20 Sep 20224 Years 1 MonthsAs last reported
Ranjeeta BattaDirector01 Jun 200917 Years 5 MonthsAs last reported

Peer comparison

Secure Line Insurance Services Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aishwarya Insurance Marketing Private Limited₹56,352 (FY 2020)-84.0%Pune, Maharashtra, India
Gak Wealth Advisors Private Limited₹54,283 (FY 2018)-98.0%Hyderabad, Telangana, India
CNB Insurance Web Aggregators Private Limited₹53,878 (FY 2024)-75.0%Delhi, India
Siddhi Vinayak Finmart Imf Private Limited₹53,575 (FY 2024)-71.0%Hisar, Haryana, India
Zebrra Imf Private Limited₹53,272 (FY 2023)-81.0%Durgapur, West Bengal, India
Secure Line Insurance Services Limitedthis company₹51,091 (FY 2019)-₹37.91 Lakh-97.0%Chandigarh, India
Motoqo Assessors (OPC) Private Limited₹40,599 (FY 2019)297.0%Jaipur, Rajasthan, India
Om Krishan Properties Private Limited₹35,800 (FY 2025)-7.0%New Delhi, Delhi, India
Assuring Global Risk Management Services Private Limited₹35,000 (FY 2022)31.0%Gurgaon, Haryana, India
Kalash Micro Credit Private Limited₹34,500 (FY 2020)1416.0%Mirzapur, Uttar Pradesh, India
Unified Imf Private Limited₹33,900 (FY 2024)-94.0%Secunderabad, Telangana, India

To see the full peer comparison of Secure Line Insurance Services Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Union Bank of India₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Apr 201110282377Union Bank of India₹50 LakhSatisfied

To see the full charge records of Secure Line Insurance Services Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Secure Line Insurance Services 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 Secure Line Insurance Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Secure Line Insurance Services Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Deepak Singh was appointed as Additional Director on 20 Sep 2022.

Appointed
Deepak Singh was appointed as Additional Director.
Appointed
Jagat was appointed as Additional Director.
Ceased
Lajwanti ceased to be Director.
Ceased
Shikha Batta ceased to be Additional Director.
Charges
A charge registered on 15 Apr 2011 via Charge ID 10282377 with Union Bank Of India was fully satisfied on 02 Dec 2020.
AGM
Secure Line Insurance Services Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Secure Line Insurance Services Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chandigarh.
Ceased
Abhi Mehta ceased to be Director.
Charges
A charge with Union Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 10282377 was registered on 15 Apr 2011.
Appointed
Ranjeeta Batta was appointed as Director.
Incorporation
01 Jun 2009
Secure Line Insurance Services Limited was registered on 01 Jun 2009 with Roc Chandigarh & aged 17 years 5 months as per MCA records.

Frequently asked questions

Secure Line Insurance Services 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.

Secure Line Insurance Services was a public limited company based in Chandigarh, India. The company worked in insurance and pension funding, within the insurance industry. It was incorporated on 01 June 2009 and is registered under CIN U66000CH2009PLC031632. The company has been struck off by the Registrar of Companies and is no longer operational.

Secure Line Insurance Services had 3 directors:

The CIN (Corporate Identification Number) of Secure Line Insurance Services is U66000CH2009PLC031632. 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 Secure Line Insurance Services is at SCO 913 Top Floor Nac Manimajra, Chandigarh, India – 160101.

Secure Line Insurance Services was incorporated on 01 June 2009. It is registered with the Registrar of Companies, Chandigarh.

The latest financial statements of Secure Line Insurance Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

Secure Line Insurance Services operated in the insurance industry, in the insurance and pension funding segment. It worked in this industry before it was struck off.

The peers of Secure Line Insurance Services by revenue are Aishwarya Insurance Marketing Private Limited, Gak Wealth Advisors Private Limited, CNB Insurance Web Aggregators Private Limited, Siddhi Vinayak Finmart Imf Private Limited, Zebrra Imf Private Limited and 5 more, all in the same principal business activity (life/non-life insurance and reinsurance activities).

Secure Line Insurance Services has 1 court case on record: 1 filed against it.

Deepak Singh was appointed as Additional Director on 20 Sep 2022. Jagat was appointed as Additional Director on 20 Sep 2022. Lajwanti ceased to be Director on 20 Sep 2022. Secure Line Insurance Services has 6 board changes on record in total.