MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0083324
Safestorage Technologies and Services Private Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.97 Cr
▼ 17% YoY
Net profit · FY 2024
₹64.78 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹2.15 Cr
EBITDA margin 8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.96 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
109
Provident fund records
About Safestorage Technologies and Services Private Limited
Data last updated:
Safestorage Technologies and Services Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 06 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2015PTC080131. Its GSTIN is 29AAFCV1128G1ZD (Karnataka). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Virtuesa Technologies and Services Private Limited. It is led by directors Anupama Annaiah Shetty and Ramesh Babu Madisetty.
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 Sy.No.186/3 Hoodi Rajapalya K R Puram Hobli Bangalore South, Bengaluru, Karnataka, India – 560048.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.97 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹64.78 Lakh (net margin 2.4%) and EBITDA of ₹2.15 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 62% over five years.
The company has about 109 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Virtusapolaris. As per MCA filings, the company has open charges of ₹6.96 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
Safestorage Technologies and Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0083324). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safestorage.in.
Company details
CIN U63040KA2015PTC080131
Registration Number 080131
Incorporation Date 06 May 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0083324
Recognitions & Rankings of Safestorage Technologies and Services
Contact details
Safestorage Technologies and Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is safestorage.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy.No.186/3 Hoodi Rajapalya K R Puram Hobli Bangalore South, Bengaluru, Karnataka, India – 560048
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Safestorage Technologies and Services Private Limited, buy the company report.
Comprehensive company report
Safestorage Technologies and Services 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
Brands
Safestorage Technologies and Services operates one associated brand: Virtusapolaris. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive digital engineering and technology services to multinational corporations. | virtusapolaris.com |
Business activity
The main business activity of Safestorage Technologies and Services is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Safestorage Technologies and Services Private Limited, buy the company report.
Financials of Safestorage Technologies and Services Private Limited
FY 2024 filings availableSafestorage Technologies and Services Private Limited reported revenue of ₹26.97 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹26.97 Cr ▼ 17%
Net profit · FY 2024
₹64.78 Lakh margin 2.4%
EBITDA · FY 2024
₹2.15 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 17%
5 years · compounded
▲ 62%
EBITDA CAGR growth
3 years · compounded
▼ 23%
5 years · compounded
▲ 52%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 62%. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | 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 | ₹2.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.78 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Safestorage Technologies and Services Private Limited, buy the company report.
Board of directors of Safestorage Technologies and Services Private Limited
Safestorage Technologies and Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupama Annaiah Shetty Also directs: Primepgs Property Solutions Private Limited | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Ramesh Babu Madisetty Also directs: Stoptions Fintech LLP, Primepgs Property Solutions Private Limited | Director | 06 May 2015 | 11 Years 5 Months | Current |
Auditor
Safestorage Technologies and Services Private Limited is audited by Aravind Patil & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Aravind Patil & Associates | FY 2023 | 220031 |
Shareholding
The shareholding of Safestorage Technologies and Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safestorage Technologies and Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.96 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2025 | 101181745 | Hdfc Bank Limited | ₹3.25 Cr | Open | |
| 17 Sep 2025 | 101192724 | Hdfc Bank Limited | ₹73.9 Lakh | Open | |
| 27 Oct 2023 | 100816762 | Hdfc Bank Limited | ₹40.47 Lakh | Open | |
| 29 Jul 2022 | 100604749 | Others | ₹2 Cr | Open | |
| 07 Sep 2021 | 100485012 | Hdfc Bank Limited | ₹38.38 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Safestorage Technologies and Services Private Limited has 6 court cases on record: 1 filed by Safestorage Technologies and Services, 5 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Court case (MFA) | Filed against the company | Disposed |
| District court, Hyderabad Central, Telangana | Court case (MVOP) | Filed against the company by an individual | Disposed |
| District court, Hyderabad Central, Telangana | Court case (MVOP) | Filed against the company by an individual | Disposed |
To see the full case history of Safestorage Technologies and Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Safestorage Technologies and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safestorage Technologies and Services Private Limited has a workforce of 109 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
109
Active EPFO establishments
1
Employee growth
-30.13%
GST
Safestorage Technologies and Services has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV1128G1ZD | Karnataka | Active | 01 Jul 2017 |
| 36AAFCV1128G1ZI | Telangana | Active | 22 Feb 2018 |
| 33AAFCV1128G1ZO | Tamil Nadu | Active | 11 Nov 2020 |
| 27AAFCV1128G1ZH | Maharashtra | Active | 05 Jan 2021 |
To see the full GST registrations and return filing status of Safestorage Technologies and Services Private Limited, buy the company report.
Recent activity
Safestorage Technologies and Services Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Venumadhav Maidam ceased to be Director on 04 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 325.00 Lakh with Charge ID 101181745 was registered on 20 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 73.90 Lakh with Charge ID 101192724 was registered on 17 Sep 2025.
AGM
Safestorage Technologies And Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Safestorage Technologies And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.47 Lakh with Charge ID 100816762 was registered on 27 Oct 2023.
Ceased
Venumadhav Maidam ceased to be Director.
Appointed
Anupama Annaiah Shetty was appointed as Director.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100604749 was registered on 29 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 38.38 Lakh with Charge ID 100485012 was registered on 07 Sep 2021.
Ceased
Nageswar Midam ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.75 Lakh with Charge ID 100408743 was registered on 19 Nov 2020.
Appointed
Ramesh Babu Madisetty was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
Safestorage Technologies and Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 06 May 2015 (11+ years old) and is registered under CIN U63040KA2015PTC080131.
Safestorage Technologies and Services has 2 current directors:
- Anupama Annaiah Shetty - Director
- Ramesh Babu Madisetty - Director
The latest financial statements of Safestorage Technologies and Services 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 2016 are in the company report.
The GSTIN of Safestorage Technologies and Services is 29AAFCV1128G1ZD, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 36AAFCV1128G1ZI (Telangana), 33AAFCV1128G1ZO (Tamil Nadu), 27AAFCV1128G1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Safestorage Technologies and Services is U63040KA2015PTC080131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safestorage Technologies and Services has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Safestorage Technologies and Services was incorporated on 06 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Venumadhav Maidam ceased to be Director on 04 Mar 2023. Anupama Annaiah Shetty was appointed as Director on 24 Feb 2023. Nageswar Midam ceased to be Additional Director on 31 Dec 2020. Safestorage Technologies and Services has 4 board changes on record in total.
Yes, Safestorage Technologies and Services is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0083324).
Safestorage Technologies and Services can be reached through the website safestorage.in. Its registered office is in Bengaluru, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages