Netzero Finance Profile
Key Indicators
- Authorised Capital ₹ 3.31 Cr
as on 17-11-2024
- Paid Up Capital ₹ 2.98 Cr
as on 17-11-2024
- Company Age 5 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 68.00 Cr
as on 17-11-2024
- Revenue 172.29%
(FY 2023)
- Profit 23.67%
(FY 2023)
- Ebitda 14.44%
(FY 2023)
- Net Worth 128.90%
(FY 2023)
- Total Assets 205.13%
(FY 2023)
About Netzero Finance
The Corporate was formerly known as Aerem Finance 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 2024. It's a company limited by shares with an authorized capital of Rs 3.31 Cr and a paid-up capital of Rs 2.98 Cr.
The company currently has active open charges totaling ₹68.00 Cr.
Anand Jain, Vikesh Agrawal, and Sathyan David serve as directors at the Company.
- CIN/LLPIN
U65990MH2019PTC329440
- Company No.
329440
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Aug 2019
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Netzero Finance?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sathyan David  | Director | 27-May-2020 | Current |
| Anand Jain | Director | 19-Aug-2019 | Current |
| Vikesh Agrawal | Director | 07-Jun-2021 | Current |
Financial Performance of Netzero Finance.
Netzero Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 172.29% increase. The company also saw a substantial improvement in profitability, with a 23.67% increase in profit. The company's net worth Soared by an impressive increase of 128.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Netzero Finance?
In 2023, Netzero Finance 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)
Aerem Solutions Private LimitedActive 6 years 3 monthsAnand Jain and Vikesh Agrawal are mutual person
Sunstore Solar Private LimitedActive 3 years 3 monthsAnand Jain and Vikesh Agrawal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Sep 2024 | ₹10.00 Cr | Open |
Others Creation Date: 30 Aug 2024 | ₹12.00 Cr | Open |
Others Creation Date: 13 Aug 2024 | ₹3.00 Cr | Open |
How Many Employees Work at Netzero Finance?
Unlock and access historical data on people associated with Netzero Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Netzero Finance, 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 Netzero Finance'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.
