Asel Financial Services Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 7.48 Cr
- Company Age 20 Year, 8 Days
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 17.40%
- Profit Growth 26.09%
- Ebitda -1.06%
- Net Worth 2.66%
- Total Assets 17.31%
About Asel Financial Services
Asel Financial Services Limited (AFSL) is a Public Limited Indian Non-Government Company incorporated in India on 04 March 2005 and has a history of 20 years. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Ahmedabad Stock Exchange 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 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 7.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asel Financial Services Limited India is Vipul Patel as CFO. Devangkumar Sheth, Apurva Hathi, and Rameshchandra Chokshi serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67110GJ2005PLC045636
- Company No.
045636
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Mar 2005
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Financial Services
Asel Financial Services Limited
Explore comprehensive data for Asel Financial Services Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Asel Financial Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipul Patel  | CFO | 14-Aug-2014 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rameshchandra Chokshi | Director | 31-Dec-2013 | Current |
| Devangkumar Sheth | Director | 30-Sep-2022 | Current |
| Apurva Hathi | Director | 08-Nov-2011 | Current |
Financial Performance of Asel Financial Services.
Asel Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.4% increase. The company also saw a substantial improvement in profitability, with a 26.09% increase in profit. The company's net worth moved up by a moderate rise of 2.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Asel Financial Services?
In 2023, Asel Financial Services had a public holding of 99.99%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Superdrawn Wire Industries Private LimitedApurva Hathi is a mutual person
Acml Capital Markets LimitedRameshchandra Chokshi is a mutual person
- Bhanu Stockbroking Private Limited
Devangkumar Sheth is a mutual person
- Rakesh Advertising Private Limited
Apurva Hathi is a mutual person
- Ase Capital Market Development Board
Apurva Hathi and Rameshchandra Chokshi are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Asel Financial Services?
Unlock and access historical data on people associated with Asel Financial Services, 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 Asel Financial Services, 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 Asel Financial Services'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 Asel Financial Services
Recent activity within the organization
- Annual General Meeting
Asel Financial Services Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Asel Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Devangkumar Champaklal Sheth was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 5 months .
- Director Appointment
Vipul Ramanbhai Patel was appointed as a Cfo was appointed as a Cfo on 14 Aug 2014 & has been associated with this company since 10 years 6 months .
- Director Appointment
Rameshchandra Natvarlal Chokshi was appointed as a Director was appointed as a Director on 31 Dec 2013 & has been associated with this company since 11 years 2 months .
- Director Appointment
Apurva Hathi was appointed as a Director was appointed as a Director on 08 Nov 2011 & has been associated with this company since 13 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Asel Financial Services Limited?
Asel Financial Services Limited was incorporated on 04 Mar 2005.
What is authorized share capital and paid-up capital of Asel Financial Services Limited?
The authorized share capital of Asel Financial Services Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.48 Cr.
Who are the current board members & directors of Asel Financial Services Limited?
Currently 4 directors are associated with Asel Financial Services Limited.
- Devangkumar Champaklal Sheth
- Apurva Hathi
- Rameshchandra Natvarlal Chokshi
- Vipul Ramanbhai Patel
What is the registered address of Asel Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asel Financial Services Limited is 1St Floor Kamdhenu Complexopp Sahajand College Nr Panjara Pole Ambawadi India, Ahmedabad, Gujarat, 380015.
What is the corporate identification number (CIN) and company number of Asel Financial Services Limited?
The corporate identification number (CIN) of Asel Financial Services Limited is U67110GJ2005PLC045636 and the company number is 045636 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asel Financial Services Limited?
The Official website of Asel Financial Services Limited is https://www.aselfinserve.com
What has been the recent revenue trend for Asel Financial Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asel Financial Services Limited has risen by 17.40%.
What change has been observed in the net worth of Asel Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asel Financial Services Limited has experienced an upsurge of 2.66%.
When was the last Balance Sheet of Asel Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Asel Financial Services Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Mukesh PatelDirector
Keyur MehtaDirectorAG
Ashokkumar GuptaDirectorOB
Omprakash BhandariDirectorDM
Dhruv MukadamDirectorKM
Krishnakumar MishraManaging DirectorAS
Apurva ShahDirectorBP
Babubhai PatelDirector