Aircel Smart Money Limited

Mobile banking services in Tamil Nadu and expanding to other areas.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Who are the key members and board of directors at Aircel Smart Money?

Executive Team (3)

NameDesignationAppointment DateStatus
Vipul Saurabh Country flag representing InCEO20-Mar-2015Current
Sharad Goyal Country flag representing InCFO23-Mar-2016Current
Ritu Garg Country flag representing InCompany Secretary26-Jun-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Vali Nijhawan Country flag representing In Director 10-Sep-2012Current
Umesh Jain Country flag representing In Nominee Director 24-Jun-2016Current

Financial Performance of Aircel Smart Money.

Aircel Smart Money Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 60.58% decrease. The company also saw a substantial fall in profitability, with a 11.2% decrease in profit. The company's net worth Soared by an impressive increase of 511.15%.

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
-60.58%
Revenue from Operations
-99.19%
Total Assets
320.99%
Profit or Loss
-11.20%
Net Worth
511.15%
EBITDA
-9.98%

Charges (Loans)

Open Charges

₹21,675.80 Cr

Satisfied Charges

₹13,729.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 21675.80 Cr

Latest Charge Details

DateLenderAmountStatus
02 May 2014Others₹21,675.80 CrOpen
25 Feb 2014Sbicap Trustee Company Limited₹13,729.00 CrSatisfied

How Many Employees Work at Aircel Smart Money?

Aircel Smart Money has a workforce of 1 employees as of Apr 09, 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

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Latest Updates, News, and FAQs on Aircel Smart Money

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 21,675.80 Cr registered on 02 May 2014 with Charge ID 10493077 was modified on 30 Sep 2021.

    30 Sep 2021

  • Annual General Meeting

    Aircel Smart Money Limited last Annual general meeting of members was held on 26 Jul 2017 as per latest MCA records.

    26 Jul 2017

  • Balance Sheet

    Aircel Smart Money Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Director Appointment

    Umesh Jain was appointed as a Nominee Director was appointed as a Nominee Director on 24 Jun 2016 & has been associated with this company since 8 years 7 months .

    24 Jun 2016

  • Director Appointment

    Sharad Kumar Goyal was appointed as a Cfo was appointed as a Cfo on 23 Mar 2016 & has been associated with this company since 8 years 10 months .

    23 Mar 2016

  • Director Appointment

    Vipul Saurabh was appointed as a Ceo was appointed as a Ceo on 20 Mar 2015 & has been associated with this company since 9 years 10 months .

    20 Mar 2015

Recent News, Updates & Announcement

  • News icon
    Aircel sacks 1000 of its 1229 employees.

    MUMBAI: Aircel and its unit have sacked some 1,000 of its 1,229 remaining employees, unable to meet related costs as the resolution professional (RP) Deloitte strives to keep the bankrupt mobile phone company running so that its assets fetch a good price in the ongoing insolvency process."There has not been a regular source of any cash flow from operations, and the funds garnered from recoveries/litigations could only help sustain for a limited timeframe. The companies have now reached a precari....

    29 Aug 2019 Gadgets Now

  • News icon
    "When Justice Seems Within Reach, CBI Delays with Affidavit in Aircel-Maxis Case #JusticeDelayed #CantCatchABreak".

    When you thought you were finally gonna get justice but the CBI be like "wait, let me file an affidavit first." #AircelMaxisCase #JusticeDelayed #CantCatchABreak.

    29 Aug 2019 Zee News

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    Telecom department rejects Aircel's resolution proposal.

    The Department of Telecommunications (DoT) has rejected the resolution proposal cleared by bankrupt telco Aircel’s lenders under which Rs 16.50 crore was earmarked for all operational creditors, including the government, saying it was insufficient to cover for its license and spectrum related dues."As per their plan (that of resolution professional), a sum of Rs 16.50 crore has been earmarked for all operational creditors. There is no specific provision for the DoT," the counsel representing the....

    02 Jul 2019 Gadgets Now

  • News icon
    Aircel's Bankruptcy Sparks Controversy as Resolution Process Threatens Government's Control of Spectrum Auctions.

    When Aircel went bankrupt, its resolution professional and potential buyer UVARCL started talking to Bharti Airtel, Vodafone Idea, and Reliance Jio to sell its spectrum. This goes against the government's belief that only they can sell airwaves through auctions. The DoT realized they would only get a small amount from the resolution process, so they want the spectrum to be returned and auctioned at market rates. Aircel's assets, including spectrum, are worth less now, so creditors will only get a small amount back. The DoT can fight this, but it's unlikely they will win..

    15 Jun 2019 Gadgets Now

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Frequently asked questions

  • Aircel Smart Money Limited was incorporated on 06 Jun 2012.

  • The authorized share capital of Aircel Smart Money Limited is ₹ 40.00 Cr and paid-up capital is ₹ 35.00 Cr.

  • Currently 5 directors are associated with Aircel Smart Money Limited.

    • Vipul Saurabh
    • Sharad Kumar Goyal
    • Ritu Garg
    • Vali Nijhawan
    • Umesh Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aircel Smart Money Limited is Opus Centre 47 Central Road Opposite Tunga Paradise, Midc India, Andheri East, Maharashtra, 400093.

  • The corporate identification number (CIN) of Aircel Smart Money Limited is U67100MH2012PLC283932 and the company number is 283932 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aircel Smart Money Limited is https://www.aircel.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Aircel Smart Money Limited has fallen by -60.58%.

  • As Per 2016 financial reports, 1 employees are currently employed by Aircel Smart Money Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Aircel Smart Money Limited has experienced an upsurge of 511.15%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Aircel Smart Money Limited amount to ₹ 21,675.80 Cr.

  • The most recent Balance Sheet for Aircel Smart Money Limited was filed with the ROC on 31 Mar 2017.

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