Algo Energytech Ventures Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 62.99%
- Profit Growth -13.77%
- Ebitda 7.51%
- Net Worth -16.37%
- Total Assets 0.93%
About Algo Energytech Ventures
Algo Energytech Ventures Private Limited (AEVPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 June 2017 (Seven years and ten months 12 days old ). Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Information Technology 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 2.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.
Abhishek Rungta and Umesh Bhutoria serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93000WB2017PTC221450
- Company No.
221450
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jun 2017
- Date of AGM
06 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Information Technology
Algo Energytech Ventures Private Limited
Explore comprehensive data for Algo Energytech Ventures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Algo Energytech Ventures?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umesh Bhutoria  | Nominee Director | 12-Jun-2017 | Current |
| Abhishek Rungta | Nominee Director | 12-Jun-2017 | Current |
Financial Performance of Algo Energytech Ventures.
Algo Energytech Ventures Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 62.99% increase. The company also saw a substantial fall in profitability, with a 13.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.37%.
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What is the Ownership and Shareholding Structure of Algo Energytech Ventures?
In 2019, Algo Energytech Ventures 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)
Indus Net Techshu Digital Private LimitedAbhishek Rungta is a mutual person
E-Cube Energy Trading Private LimitedUmesh Bhutoria is a mutual person
E-Cube Energy Infra Services Private LimitedUmesh Bhutoria is a mutual person
Seeders Venture Capital Private LimitedAbhishek Rungta is a mutual person
Codebuddy Private LimitedAbhishek Rungta is a mutual person
Seeders Advisors LlpAbhishek Rungta is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Algo Energytech Ventures?
Algo Energytech Ventures has a workforce of 8 employees as of Apr 08, 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 Algo Energytech Ventures, 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 Algo Energytech Ventures'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 Algo Energytech Ventures
Recent activity within the organization
- Annual General Meeting
Algo Energytech Ventures Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.
- Balance Sheet
Algo Energytech Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Abhishek Rungta was appointed as a Nominee Director was appointed as a Nominee Director on 12 Jun 2017 & has been associated with this company since 7 years 10 months .
- Director Appointment
Umesh Bhutoria was appointed as a Nominee Director was appointed as a Nominee Director on 12 Jun 2017 & has been associated with this company since 7 years 10 months .
- Company Incorporation
Algo Energytech Ventures Private Limited was registered on 12 Jun 2017 with Roc Kolkata & aged 7 years 10 months as per MCA records.
Recent News, Updates & Announcement
- Reliance, others fund Wishberry, crowdfunding platform for creative artists.
Venture Capital News: Wishberry is a crowdfunding platform for creative artists. It forayed into film financing some eight months ago, unlocking a new asset-class for high .
- Indus Net Technologies Launches Digital Acceleration Lab in Kolkata for B2B Startups - No Fees or Equity Required!.
Indus Net Technologies launched a digital acceleration lab in Kolkata to help startups in B2B digital technology. The programme offers mentoring, industry connections, and investor networking for three months without any fees or equity. The goal is to produce 3-4 successful startups each year. Startups will receive guidance on strategy, marketing, finance, team building, and more. Successful startups will continue with the company in exchange for equity. Some product development ventures are already being incubated..
Frequently asked questions
What is the Incorporation or founding date of Algo Energytech Ventures Private Limited?
Algo Energytech Ventures Private Limited was incorporated on 12 Jun 2017.
What is authorized share capital and paid-up capital of Algo Energytech Ventures Private Limited?
The authorized share capital of Algo Energytech Ventures Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Algo Energytech Ventures Private Limited?
Currently 2 directors are associated with Algo Energytech Ventures Private Limited.
- Abhishek Rungta
- Umesh Bhutoria
What is the registered address of Algo Energytech Ventures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Algo Energytech Ventures Private Limited is 15/C Clive Row 1St Floor, India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Algo Energytech Ventures Private Limited?
The corporate identification number (CIN) of Algo Energytech Ventures Private Limited is U93000WB2017PTC221450 and the company number is 221450 as per Ministry of Corporate Affairs (MCA).
What is the official website of Algo Energytech Ventures Private Limited?
The Official website of Algo Energytech Ventures Private Limited is https://www.indusnet.co.in
What has been the recent revenue trend for Algo Energytech Ventures Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Algo Energytech Ventures Private Limited has risen by 62.99%.
How many employees does Algo Energytech Ventures Private Limited currently have?
As Per 2022 financial reports, 8 employees are currently employed by Algo Energytech Ventures Private Limited.
What change has been observed in the net worth of Algo Energytech Ventures Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Algo Energytech Ventures Private Limited has experienced an downturn of -16.37%.
When was the last Balance Sheet of Algo Energytech Ventures Private Limited filed with the ROC?
The most recent Balance Sheet for Algo Energytech Ventures Private Limited was filed with the ROC on 31 Mar 2024.
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