Absolute It Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.68 Cr
- Paid Up Capital ₹ 1.66 Cr
- Company Age 11 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.35 Cr
- Satisfied Charges ₹ 6.90 Cr
- Revenue Growth 2.71%
- Profit Growth -22.58%
- Ebitda -3.79%
- Net Worth 16.63%
- Total Assets -1.00%
About Absolute It Solutions
Absolute It Solutions Private Limited (AISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 July 2013 and has a history of 11 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Information Technology 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 1.68 Cr and a paid-up capital of Rs 1.66 Cr.
The company currently has active open charges totaling ₹19.35 Cr. The company has closed loans amounting to ₹6.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramsurat Yadav, Dinesh Belchada, and Deepak Gupta serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U52100MH2013PTC245401
- Company No.
245401
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Jul 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Absolute It Solutions Private Limited offer?
Absolute It Solutions Private Limited offers a wide range of products and services, including Laptops, PC, Mainframes & Computers, Laptops, Desktop Computer, HP Desktop Computer, Mobile Phones, Lenovo Mobile Phones, HP Laptop.
Who are the key members and board of directors at Absolute It Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramsurat Yadav  | Director | 09-Jul-2013 | Current |
| Dinesh Belchada | Director | 09-Jul-2013 | Current |
| Deepak Gupta | Director | 09-Jul-2013 | Current |
Financial Performance of Absolute It Solutions.
Absolute It Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.71% increase. The company also saw a substantial fall in profitability, with a 22.58% decrease in profit. The company's net worth Soared by an impressive increase of 16.63%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Absolute It Solutions?
In 2023, Absolute It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Absolute Retails Private LimitedRamsurat Yadav is a mutual person
Charges (Loans)
₹19.35 Cr
₹6.90 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.60 Cr
- Yes Bank Limited : 5.00 Cr
- Others : 3.75 Cr
- Axis Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2022 | Yes Bank Limited | ₹5.00 Cr | Open |
| 17 Nov 2021 | Hdfc Bank Limited | ₹8.30 Cr | Open |
| 01 Mar 2021 | Axis Bank Limited | ₹2.00 Cr | Open |
| 29 Jul 2017 | Others | ₹2.00 Cr | Open |
| 30 Apr 2016 | Others | ₹1.75 Cr | Open |
How Many Employees Work at Absolute It Solutions?
Absolute It Solutions has a workforce of 11 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Absolute It Solutions, 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 Absolute It Solutions's trajectory.
Rating
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
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.
