Algo8 Ai Private Limited

Provides business process management services since 2015 from New Delhi.

2015 | Delhi (India) | Active
Last Updated: January 21, 2025

Algo8 Ai Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.80 M
  • Revenue Growth -25.83%
  • Profit Growth 854.56%
  • Ebitda 6670.35%
  • Net Worth 129.39%
  • Total Assets 66.77%

About Algo8 Ai

Algo8 Ai Private Limited (AAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 09 September 2015 (Nine years and five months 6 days old ). Its registered office is in Delhi, India.

The Corporate was formerly known as Aigo8 Ai Private Limited. The Company is engaged in the Business Outsourcing 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 0.10 M.

The company currently has active open charges totaling ₹8.80 M.

Nishish Jha, Nandan Misra, and Himanshu Singh serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    algo8.ai

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000DL2015PTC285001

  • Company No.

    285001

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Outsourcing

Who are the key members and board of directors at Algo8 Ai?

Board Members (3)

Name Designation Appointment Date Status
Nishish Jha Country flag representing In Director 23-Sep-2017 Current
Himanshu Singh Country flag representing In Director 23-Sep-2017 Current
Nandan Misra Country flag representing In Director 09-Sep-2015 Current

Financial Performance of Algo8 Ai.

Algo8 Ai Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.83% decrease. The company also saw a substantial improvement in profitability, with a 854.56% increase in profit. The company's net worth Soared by an impressive increase of 129.39%.

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
-25.83%
Revenue from Operations
-25.05%
Total Assets
66.77%
Profit or Loss
854.56%
Net Worth
129.39%
EBITDA
6670.35%

What is the Ownership and Shareholding Structure of Algo8 Ai?

In 2023, Algo8 Ai had a public holding of 11.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.50 Cr
  • Others : 0.38 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2023 Hdfc Bank Limited ₹5.00 M Open
31 Oct 2022 Others ₹3.80 M Open

How Many Employees Work at Algo8 Ai?

Algo8 Ai has a workforce of 23 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Algo8 Ai, 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 Algo8 Ai'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 Algo8 Ai

Recent activity within the organization

  • Annual General Meeting

    Algo8 Ai Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Algo8 Ai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100842107 was registered on 31 Oct 2023.

    31 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 3.80 M with Charge ID 100697414 was registered on 31 Oct 2022.

    31 Oct 2022

  • Director Appointment

    Nishish Shekhar Jha was appointed as a Director was appointed as a Director on 23 Sep 2017 & has been associated with this company since 7 years 4 months .

    23 Sep 2017

  • Director Appointment

    Himanshu Ujjawal Singh was appointed as a Director was appointed as a Director on 23 Sep 2017 & has been associated with this company since 7 years 4 months .

    23 Sep 2017

Frequently asked questions

  • Algo8 Ai Private Limited was incorporated on 09 Sep 2015.

  • The authorized share capital of Algo8 Ai Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Algo8 Ai Private Limited.

    • Nishish Shekhar Jha
    • Nandan Misra
    • Himanshu Ujjawal Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Algo8 Ai Private Limited is 6, C2D Jankpuri India, New Delhi, 110058.

  • The corporate identification number (CIN) of Algo8 Ai Private Limited is U93000DL2015PTC285001 and the company number is 285001 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Algo8 Ai Private Limited is https://www.algo8.ai

  • According to the financial reports for the fiscal year 2023, the revenue trend for Algo8 Ai Private Limited has fallen by -25.83%.

  • As Per 2023 financial reports, 23 employees are currently employed by Algo8 Ai Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Algo8 Ai Private Limited has experienced an upsurge of 129.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Algo8 Ai Private Limited amount to ₹ 8.80 M.

  • The most recent Balance Sheet for Algo8 Ai Private Limited was filed with the ROC on 31 Mar 2024.

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