Erudite Assets Private Limited

Provides management consultancy and financial services since 2017, based in Powai, Maharashtra.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Erudite Assets Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.87 M
  • Revenue Growth -53.89%
  • Profit Growth -210.52%
  • Ebitda -139.17%
  • Net Worth -92.57%
  • Total Assets 38.88%

About Erudite Assets

Erudite Assets Private Limited (EAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 27 March 2017 (Seven years and ten months 6 days old ). Its registered office is in Mumbai, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.11 M.

The company currently has active open charges totaling ₹4.87 M.

Kapil Jha, Mansi Kothari, Kumar Sanjeet, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93090MH2017PTC293058

  • Company No.

    293058

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Business Outsourcing

Who are the key members and board of directors at Erudite Assets?

Board Members (4)

Name Designation Appointment Date Status
Nilesh Parekh Country flag representing In Director 20-Nov-2020 Current
Kapil Jha Country flag representing In Director 27-Mar-2017 Current
Mansi Kothari Country flag representing In Director 14-Apr-2017 Current
Kumar Sanjeet Country flag representing In Director 29-Aug-2020 Current

Financial Performance of Erudite Assets.

Erudite Assets Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.89% decrease. The company also saw a substantial fall in profitability, with a 210.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 92.57%.

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
-53.89%
Revenue from Operations
-54.81%
Total Assets
38.88%
Profit or Loss
-210.52%
Net Worth
-92.57%
EBITDA
-139.17%

What is the Ownership and Shareholding Structure of Erudite Assets?

In 2023, Erudite Assets had a promoter holding of 92.59% and a public holding of 7.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.87 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.49 Cr

Latest Charge Details

Date Lender Amount Status
18 May 2022 Hdfc Bank Limited ₹4.87 M Open

How Many Employees Work at Erudite Assets?

Unlock and access historical data on people associated with Erudite Assets, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Erudite Assets, 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 Erudite Assets'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 Erudite Assets

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Erudite Assets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.87 M with Charge ID 100579840 was registered on 18 May 2022.

    18 May 2022

  • Director Appointment

    Nilesh Bhupendra Parekh was appointed as a Director was appointed as a Director on 20 Nov 2020 & has been associated with this company since 4 years 2 months .

    20 Nov 2020

  • Director Appointment

    Kumar Sanjeet was appointed as a Director was appointed as a Director on 29 Aug 2020 & has been associated with this company since 4 years 5 months .

    29 Aug 2020

  • Director Appointment

    Mansi Kothari was appointed as a Director was appointed as a Director on 14 Apr 2017 & has been associated with this company since 7 years 9 months .

    14 Apr 2017

Frequently asked questions

  • Erudite Assets Private Limited was incorporated on 27 Mar 2017.

  • The authorized share capital of Erudite Assets Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.11 M.

  • Currently 4 directors are associated with Erudite Assets Private Limited.

    • Kapil Kumar Jha
    • Mansi Kothari
    • Kumar Sanjeet
    • Nilesh Bhupendra Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Erudite Assets Private Limited is 3Rd Floor Prudential Building It Park Central Avenue Powai, India, Mumbai, Maharashtra, 400076.

  • The corporate identification number (CIN) of Erudite Assets Private Limited is U93090MH2017PTC293058 and the company number is 293058 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Erudite Assets Private Limited is https://www.eruditeassets.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Erudite Assets Private Limited has fallen by -53.89%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Erudite Assets Private Limited has experienced an downturn of -92.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Erudite Assets Private Limited amount to ₹ 4.87 M.

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

People also Viewed

Similar Companies Based on Business & IT Consulting