Aic-Selco Foundation

Provides incubation services, co-working space, and meeting rooms. Founded in 2018 in Bangalore.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: December 16, 2024

Aic-Selco Foundation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 50.00 K
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 436.86%
  • Profit Growth 283.16%
  • Ebitda 285.52%
  • Net Worth 140.57%
  • Total Assets 116.71%

About Aic-Selco Foundation

Aic-Selco Foundation (AF) is a Private Not For Profit Company incorporated in India on 27 September 2018 (Six years and four months 28 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Travel And Hospitality 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 1.00 M and a paid-up capital of Rs 50.00 K , as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aic-Selco Foundation India is Simanta Kalita as CEO. Bulu Muktieh, Svati Bhogle, Mbiswanath Sinha, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aicselco.org

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85300KA2018NPL116960

  • Company No.

    116960

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    27 Sep 2018

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Aic-Selco Foundation?

Executive Team (1)

NameDesignationAppointment DateStatus
Simanta Kalita CEO31-May-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Rachita Misra Country flag representing In Director 26-Jun-2021Current
Mbiswanath Sinha Country flag representing In Director 08-Feb-2019Current
Bulu Muktieh Country flag representing In Director 28-Nov-2023Current
Svati Bhogle Country flag representing In Director 28-Nov-2023Current
Huda Jaffer Country flag representing In Director 26-Jun-2021Current

Financial Performance of Aic-Selco Foundation.

Aic-Selco Foundation, for the financial year ended 2022, experienced significant growth in revenue, with a 436.86% increase. The company also saw a substantial improvement in profitability, with a 283.16% increase in profit. The company's net worth Soared by an impressive increase of 140.57%.

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
436.86%
Revenue from Operations
489.72%
Total Assets
116.71%
Profit or Loss
283.16%
Net Worth
140.57%
EBITDA
285.52%

What is the Ownership and Shareholding Structure of Aic-Selco Foundation?

In 2022, Aic-Selco Foundation 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 Aic-Selco Foundation?

Aic-Selco Foundation has a workforce of 9 employees as of Dec 16, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aic-Selco Foundation, 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 Aic-Selco Foundation'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 Aic-Selco Foundation

Recent activity within the organization

  • Annual General Meeting

    Aic-Selco Foundation last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Aic-Selco Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Bulu Paul Muktieh was appointed as a Director was appointed as a Director on 28 Nov 2023 & has been associated with this company since 1 year 2 months .

    28 Nov 2023

  • Director Appointment

    Svati Bhogle was appointed as a Director was appointed as a Director on 28 Nov 2023 & has been associated with this company since 1 year 2 months .

    28 Nov 2023

  • Director Appointment

    Simanta Kalita was appointed as a Ceo was appointed as a Ceo on 31 May 2023 & has been associated with this company since 1 year 8 months .

    31 May 2023

  • Director Appointment

    Huda Jaffer was appointed as a Director was appointed as a Director on 26 Jun 2021 & has been associated with this company since 3 years 7 months .

    26 Jun 2021

Frequently asked questions

  • Aic-Selco Foundation was incorporated on 27 Sep 2018.

  • The authorized share capital of Aic-Selco Foundation is ₹ 1.00 M and paid-up capital is ₹ 50.00 K .

  • Currently 6 directors are associated with Aic-Selco Foundation.

    • Bulu Paul Muktieh
    • Svati Bhogle
    • Mbiswanath Sinha
    • Huda Jaffer
    • Rachita Misra
    • Simanta Kalita
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aic-Selco Foundation is 690 1St Floor 15Th Cross 2Nd Phase J P Nagar, 100 Feet Ring Road India, Bangalore, Karnataka, 560078.

  • The corporate identification number (CIN) of Aic-Selco Foundation is U85300KA2018NPL116960 and the company number is 116960 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aic-Selco Foundation is https://www.aicselco.org

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aic-Selco Foundation has risen by 436.86%.

  • As Per 2022 financial reports, 9 employees are currently employed by Aic-Selco Foundation.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aic-Selco Foundation has experienced an upsurge of 140.57%.

  • The most recent Balance Sheet for Aic-Selco Foundation was filed with the ROC on 31 Mar 2024.

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