Abacus Corporation Private Limited

Financial services company providing investment distribution, wealth creation, and tax-saving solutions since 2004.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: June 18, 2024

Abacus Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.31 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 18.84 Cr
  • Revenue Growth 22.33%
  • Profit Growth 34.18%
  • Ebitda 5.55%
  • Net Worth 16.82%
  • Total Assets -13.94%

About Abacus Corporation

Abacus Corporation Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 2004 and has a history of 20 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Abacus Investment Advisors Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.31 M.

The company has closed loans amounting to ₹18.84 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Birjis Arif, Mazhar Arif, and Yasir Varawala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    abacusinvestment.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2004PTC149913

  • Company No.

    149913

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Abacus Corporation?

Board Members (3)

NameDesignationAppointment DateStatus
Mazhar Arif Country flag representing In Director 09-Dec-2004Current
Birjis Arif Country flag representing In Director 09-Dec-2004Current
Yasir Varawala Country flag representing In Director 09-Dec-2004Current

Financial Performance of Abacus Corporation.

Abacus Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.33% increase. The company also saw a substantial improvement in profitability, with a 34.18% increase in profit. The company's net worth Soared by an impressive increase of 16.82%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.33%
Revenue from Operations
8.51%
Total Assets
-13.94%
Profit or Loss
34.18%
Net Worth
16.82%
EBITDA
5.55%

What is the Ownership and Shareholding Structure of Abacus Corporation?

In 2023, Abacus Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹188.40 M

Charges Breakdown by Lending Institutions

  • Others : 18.84 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2022Others₹4.65 CrSatisfied
20 Apr 2022Others₹4.65 CrSatisfied
15 Jan 2019Others₹4.77 CrSatisfied
15 Jan 2019Others₹4.77 CrSatisfied

How Many Employees Work at Abacus Corporation?

Unlock and access historical data on people associated with Abacus Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abacus Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abacus Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abacus Corporation

Recent activity within the organization

  • Annual General Meeting

    Abacus Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Abacus Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 20 Apr 2022 via Charge ID 100580684 with Others was fully satisfied on 06 Dec 2022.

    06 Dec 2022

  • Charges

    A charge registered on 20 Apr 2022 via Charge ID 100580689 with Others was fully satisfied on 06 Dec 2022.

    06 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 46.50 M with Charge ID 100580684 was registered on 20 Apr 2022.

    20 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 46.50 M with Charge ID 100580689 was registered on 20 Apr 2022.

    20 Apr 2022

Frequently asked questions

  • Abacus Corporation Private Limited was incorporated on 09 Dec 2004.

  • The authorized share capital of Abacus Corporation Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.31 M.

  • Currently 3 directors are associated with Abacus Corporation Private Limited.

    • Birjis Mazhar Arif
    • Mazhar Hussain Najmuddin Arif
    • Yasir Juzer Varawala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abacus Corporation Private Limited is Rahimtoola House 3Rd Floorhomji Street Fort, Mumbai, Maharashtra, India, 400001.

  • The corporate identification number (CIN) of Abacus Corporation Private Limited is U67190MH2004PTC149913 and the company number is 149913 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abacus Corporation Private Limited is https://www.abacusinvestment.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abacus Corporation Private Limited has risen by 22.33%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abacus Corporation Private Limited has experienced an upsurge of 16.82%.

  • The most recent Balance Sheet for Abacus Corporation Private Limited was filed with the ROC on 31 Mar 2023.

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