Absolve Management Services Private Limited

Provides a wide range of app and software development services for various industries.

2016 | Industrial Area, Punjab (India) | Active
Last Updated: December 15, 2024

Absolve Management Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 326.52%
  • Profit Growth 377.25%
  • Ebitda 646.03%
  • Net Worth 222.38%
  • Total Assets 82.09%

About Absolve Management Services

Absolve Management Services Private Limited (AMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 June 2016 (Eight years and seven months 5 days old ). Its registered office is in Industrial Area, Punjab.

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 2021. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Yogender, Jyoti Boora, Rakesh Verma, and One other member serve as directors at the Company.

Company Details

  • Location
    Industrial Area, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100PB2016PTC045481

  • Company No.

    045481

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2016

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

Who are the key members and board of directors at Absolve Management Services?

Board Members (4)

Name Designation Appointment Date Status
Swatika Parmar Country flag representing In Director 20-May-2021 Current
Yogender Country flag representing In Director 30-Jun-2016 Current
Jyoti Boora Country flag representing In Director 30-Jun-2016 Current
Rakesh Verma Country flag representing In Director 26-Nov-2018 Current

Financial Performance of Absolve Management Services.

Absolve Management Services Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 326.52% increase. The company also saw a substantial improvement in profitability, with a 377.25% increase in profit. The company's net worth Soared by an impressive increase of 222.38%.

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
326.52%
Revenue from Operations
329.68%
Total Assets
82.09%
Profit or Loss
377.25%
Net Worth
222.38%
EBITDA
646.03%

What is the Ownership and Shareholding Structure of Absolve Management Services?

In 2019, Absolve Management Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Absolve Management Services?

Unlock and access historical data on people associated with Absolve Management Services, 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 Absolve Management Services, 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 Absolve Management Services'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 Absolve Management Services

Recent activity within the organization

  • Annual General Meeting

    Absolve Management Services Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Director Appointment

    Swatika Parmar was appointed as a Director was appointed as a Director on 20 May 2021 & has been associated with this company since 3 years 8 months .

    20 May 2021

  • Balance Sheet

    Absolve Management Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Director Appointment

    Rakesh Verma was appointed as a Director was appointed as a Director on 26 Nov 2018 & has been associated with this company since 6 years 2 months .

    26 Nov 2018

  • Director Appointment

    Yogender was appointed as a Director was appointed as a Director on 30 Jun 2016 & has been associated with this company since 8 years 7 months .

    30 Jun 2016

  • Director Appointment

    Jyoti Boora was appointed as a Director was appointed as a Director on 30 Jun 2016 & has been associated with this company since 8 years 7 months .

    30 Jun 2016

Frequently asked questions

  • Absolve Management Services Private Limited was incorporated on 30 Jun 2016.

  • The authorized share capital of Absolve Management Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Absolve Management Services Private Limited.

    • Yogender
    • Jyoti Boora
    • Rakesh Verma
    • Swatika Parmar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Absolve Management Services Private Limited is E328 Corporate Square 6Th Floor Sector-75, Phase 8A India, Industrial Area, Punjab, 160070.

  • The corporate identification number (CIN) of Absolve Management Services Private Limited is U72100PB2016PTC045481 and the company number is 045481 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Absolve Management Services Private Limited is https://www.absolvetech.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Absolve Management Services Private Limited has risen by 326.52%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Absolve Management Services Private Limited has experienced an upsurge of 222.38%.

  • The most recent Balance Sheet for Absolve Management Services Private Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Application Development & Software Solutions