Aceware Fintech Services Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 14.80 Cr
- Company Age 4 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.80 Cr
- Revenue Growth 269.50%
- Profit Growth -58.07%
- Ebitda -23.77%
- Net Worth -39.90%
- Total Assets 17.90%
About Aceware Fintech Services
Aceware Fintech Services Private Limited (AFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 October 2020 (Four years and three months 21 days old ). Its registered office is in Ernakulam, Kerala, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 14.80 Cr.
The company currently has active open charges totaling ₹4.80 Cr.
The Key Managerial Personnel (KMP) at Aceware Fintech Services Private Limited India are Gopalakrishnan as COMPANY SECRETARY and Sahaya Fernando as Cfo. Jimmin Kurichiyil, David Alexander, Ashok Sarangi, and Four other members serve as directors at the Company.
Company Details
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Location
Ernakulam, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U72200KL2020PTC064973
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Company No.
064973
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Oct 2020
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Date of AGM
02 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Aceware Fintech Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopalakrishnan | Company Secretary | 12-Jun-2024 | Current |
| Sahaya Fernando | CFO | 27-Apr-2024 | Current |
Nimisha Vadakkan
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Managing Director | 12-Oct-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Jimmin Kurichiyil
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Whole-Time Director | 01-Feb-2023 | Current |
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David Alexander
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Director | Current | |
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Ashok Sarangi
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Director | 27-Apr-2024 | Current |
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Shashank Naidu
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Director | Current | |
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Charles Xavier
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Director | 12-Jun-2024 | Current |
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Devraj Anbu
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Director | 27-Apr-2024 | Current |
Financial Performance of Aceware Fintech Services.
Aceware Fintech Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 269.5% increase. The company also saw a substantial fall in profitability, with a 58.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.9%.
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What is the Ownership and Shareholding Structure of Aceware Fintech Services?
In 2023, Aceware Fintech Services had a promoter holding of 99.60% and a public holding of 0.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Radiant Cash Management Services LimitedAshok Sarangi and Devraj Anbu are mutual person
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Unnayan Bharat Finance Corporation Private LimitedAshok Sarangi is a mutual person
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Arthimpact Digital Loans Private LimitedAshok Sarangi is a mutual person
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Acemoney Payment Solution Private LimitedJimmin Kurichiyil and Nimisha Vadakkan are mutual person
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Renuka Management Services Llp
David Alexander is a mutual person
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Arth Platform Technology Private Limited
Ashok Sarangi is a mutual person
Charges (Loans)
₹4.80 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 4.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2024 | Others | ₹4.80 Cr | Open |
How Many Employees Work at Aceware Fintech Services?
Aceware Fintech Services has a workforce of 42 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 Aceware Fintech 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 Aceware Fintech Services'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.
