Netzero Finance Profile
Key Indicators
- Authorised Capital ₹ 3.31 Cr
- Paid Up Capital ₹ 2.98 Cr
- Company Age 5 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 68.00 Cr
- Revenue Growth 172.29%
- Profit Growth 23.67%
- Ebitda 14.44%
- Net Worth 128.90%
- Total Assets 205.13%
About Netzero Finance
Netzero Finance Private Limited (NFPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 August 2019 (Five years and six months 25 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Aerem Finance Private 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 2024. It's a company limited by shares with an authorized capital of Rs 3.31 Cr and a paid-up capital of Rs 2.98 Cr.
The company currently has active open charges totaling ₹68.00 Cr.
Anand Jain, Vikesh Agrawal, and Sathyan David serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990MH2019PTC329440
- Company No.
329440
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Aug 2019
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Netzero Finance Private Limited
Explore comprehensive data for Netzero Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Netzero Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sathyan David  | Director | 27-May-2020 | Current |
| Anand Jain | Director | 19-Aug-2019 | Current |
| Vikesh Agrawal | Director | 07-Jun-2021 | Current |
Financial Performance of Netzero Finance.
Netzero Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 172.29% increase. The company also saw a substantial improvement in profitability, with a 23.67% increase in profit. The company's net worth Soared by an impressive increase of 128.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Netzero Finance?
In 2023, Netzero Finance 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)
- Aerem Solutions Private Limited
Anand Jain and Vikesh Agrawal are mutual person
Finova Capital Private LimitedSathyan David is a mutual person
Oxyzo Financial Services LimitedSathyan David is a mutual person
Sunstore Solar Private LimitedAnand Jain and Vikesh Agrawal are mutual person
- Singularity Creditworld Private Limited
Sathyan David is a mutual person
Charges (Loans)
Open Charges
₹68.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 68.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Others | ₹10.00 Cr | Open |
| 30 Aug 2024 | Others | ₹12.00 Cr | Open |
| 13 Aug 2024 | Others | ₹3.00 Cr | Open |
| 29 Jun 2024 | Others | ₹2.00 Cr | Open |
| 28 Mar 2024 | Others | ₹3.00 Cr | Open |
How Many Employees Work at Netzero Finance?
Unlock and access historical data on people associated with Netzero Finance, 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 Netzero Finance, 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 Netzero Finance'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 Netzero Finance
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100987843 was registered on 30 Sep 2024.
- Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100970318 was registered on 30 Aug 2024.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100963463 was registered on 13 Aug 2024.
- Annual General Meeting
Netzero Finance Private Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100948913 was registered on 29 Jun 2024.
- Balance Sheet
Netzero Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Netzero Finance Private Limited?
Netzero Finance Private Limited was incorporated on 19 Aug 2019.
What is authorized share capital and paid-up capital of Netzero Finance Private Limited?
The authorized share capital of Netzero Finance Private Limited is ₹ 3.31 Cr and paid-up capital is ₹ 2.98 Cr.
Who are the current board members & directors of Netzero Finance Private Limited?
Currently 3 directors are associated with Netzero Finance Private Limited.
- Anand Rajkumar Jain
- Vikesh Pawan Kumar Agrawal
- Sathyan David
What is the registered address of Netzero Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Netzero Finance Private Limited is R City Offices 8Th Floor Lbs Marg, Ghatkopar West India, Mumbai, Maharashtra, 400086.
What is the corporate identification number (CIN) and company number of Netzero Finance Private Limited?
The corporate identification number (CIN) of Netzero Finance Private Limited is U65990MH2019PTC329440 and the company number is 329440 as per Ministry of Corporate Affairs (MCA).
What is the official website of Netzero Finance Private Limited?
The Official website of Netzero Finance Private Limited is https://www.aeremfin.com
What has been the recent revenue trend for Netzero Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Netzero Finance Private Limited has risen by 172.29%.
What change has been observed in the net worth of Netzero Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Netzero Finance Private Limited has experienced an upsurge of 128.90%.
What are the total open charges for Netzero Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Netzero Finance Private Limited amount to ₹ 68.00 Cr.
When was the last Balance Sheet of Netzero Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Netzero Finance Private Limited was filed with the ROC on 31 Mar 2024.
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