Aceware Fintech Services Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 14.80 Cr
- Company Age 4 Year, 4 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 four months 25 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
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U72200KL2020PTC064973
- Company No.
064973
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Oct 2020
- Date of AGM
02 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Financial Services
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  | Managing Director | 12-Oct-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jimmin Kurichiyil | Whole-Time Director | 01-Feb-2023 | Current |
| David Alexander | Director | Current | |
| Ashok Sarangi | Director | 27-Apr-2024 | Current |
| Shashank Naidu | Director | Current | |
| Charles Xavier | Director | 12-Jun-2024 | Current |
| Devraj Anbu | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Radiant Cash Management Services LimitedAshok Sarangi and Devraj Anbu are mutual person
Unnayan Bharat Finance Corporation Private LimitedAshok Sarangi is a mutual person
Arthimpact Digital Loans Private LimitedAshok Sarangi is a mutual person
Acemoney Payment Solution Private LimitedJimmin Kurichiyil and Nimisha Vadakkan are mutual person
- Renuka Management Services Llp
David Alexander is a mutual person
- Arth Platform Technology Private Limited
Ashok Sarangi is a mutual person
Charges (Loans)
Open Charges
₹4.80 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Aceware Fintech Services
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 4.80 Cr with Charge ID 100996590 was registered on 28 Oct 2024.
- Annual General Meeting
Aceware Fintech Services Private Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.
- Director Appointment
Charles Francis Xavier was appointed as a Director was appointed as a Director on 12 Jun 2024 & has been associated with this company since 8 months 24 days .
- Director Appointment
Gopalakrishnan was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jun 2024 & has been associated with this company since 8 months 24 days .
- Director Appointment
Ashok Kumar Sarangi was appointed as a Director was appointed as a Director on 27 Apr 2024 & has been associated with this company since 10 months 9 days .
- Director Appointment
Sahaya Antony Xavier Sunder Raj Fernando was appointed as a Cfo was appointed as a Cfo on 27 Apr 2024 & has been associated with this company since 10 months 9 days .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Aceware Fintech Services Private Limited?
Aceware Fintech Services Private Limited was incorporated on 12 Oct 2020.
What is authorized share capital and paid-up capital of Aceware Fintech Services Private Limited?
The authorized share capital of Aceware Fintech Services Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.80 Cr.
Who are the current board members & directors of Aceware Fintech Services Private Limited?
Currently 9 directors are associated with Aceware Fintech Services Private Limited.
- Jimmin James Kurichiyil
- David Alexander
- Ashok Kumar Sarangi
- Shashank Narayan Naidu
- Charles Francis Xavier
- Gopalakrishnan
- Sahaya Antony Xavier Sunder Raj Fernando
- Devraj Anbu
- Nimisha Joseph Vadakkan
What is the registered address of Aceware Fintech Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aceware Fintech Services Private Limited is 1St Floor Pam Tower Seaport- Airport Road Vallathol Junction Thrikkakara, Kochi- India, Ernakulam, Kerala, 682021.
What is the corporate identification number (CIN) and company number of Aceware Fintech Services Private Limited?
The corporate identification number (CIN) of Aceware Fintech Services Private Limited is U72200KL2020PTC064973 and the company number is 064973 as per Ministry of Corporate Affairs (MCA).
What is the official website of Aceware Fintech Services Private Limited?
The Official website of Aceware Fintech Services Private Limited is https://www.acewaretechnology.com
What has been the recent revenue trend for Aceware Fintech Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Aceware Fintech Services Private Limited has risen by 269.50%.
How many employees does Aceware Fintech Services Private Limited currently have?
As Per 2023 financial reports, 42 employees are currently employed by Aceware Fintech Services Private Limited.
What change has been observed in the net worth of Aceware Fintech Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Aceware Fintech Services Private Limited has experienced an downturn of -39.90%.
What are the total open charges for Aceware Fintech Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Aceware Fintech Services Private Limited amount to ₹ 4.80 Cr.
When was the last Balance Sheet of Aceware Fintech Services Private Limited filed with the ROC?
The most recent Balance Sheet for Aceware Fintech Services Private Limited was filed with the ROC on 31 Mar 2024.
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