Myalternates Financial Services Private Limited

Founded in 2017 and headquartered in Tamil Nadu, India.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Myalternates Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 52.11%
  • Profit Growth -53.81%
  • Ebitda -48.63%
  • Net Worth 53.66%
  • Total Assets 30.67%

About Myalternates Financial Services

Myalternates Financial Services Private Limited (MFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 06 June 2017 (Seven years and seven months 29 days old ). Its registered office is in Chennai, Tamil Nadu.

The Corporate was formerly known as Myalternates Private Limited. The Company is engaged in the Internet 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 1.00 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location
    Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2017PTC116970

  • Company No.

    116970

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 2017

  • Date of AGM

    01 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Internet

Who are the key members and board of directors at Myalternates Financial Services?

Board Members (3)

Name Designation Appointment Date Status
Karur Ramachandran Country flag representing In Director 19-Aug-2019 Current
Delhibhasyam Kumar Country flag representing In Director 12-Nov-2021 Current
Rahman Hameed Country flag representing In Director 03-Oct-2018 Current

Financial Performance of Myalternates Financial Services.

Myalternates Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.11% increase. The company also saw a substantial fall in profitability, with a 53.81% decrease in profit. The company's net worth Soared by an impressive increase of 53.66%.

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
52.11%
Revenue from Operations
52.33%
Total Assets
30.67%
Profit or Loss
-53.81%
Net Worth
53.66%
EBITDA
-48.63%

What is the Ownership and Shareholding Structure of Myalternates Financial Services?

In 2023, Myalternates Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Myalternates Financial Services?

Unlock and access historical data on people associated with Myalternates Financial Services, 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 Myalternates 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 Myalternates Financial Services'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 Myalternates Financial Services

Recent activity within the organization

  • Annual General Meeting

    Myalternates Financial Services Private Limited last Annual general meeting of members was held on 01 Oct 2023 as per latest MCA records.

    01 Oct 2023

  • Balance Sheet

    Myalternates Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Delhibhasyam Rajesh Kumar was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 3 years 2 months .

    12 Nov 2021

  • Director Appointment

    Karur Subramanian Ramachandran was appointed as a Director was appointed as a Director on 19 Aug 2019 & has been associated with this company since 5 years 5 months .

    19 Aug 2019

  • Director Appointment

    Rahman Fiaz Hameed was appointed as a Director was appointed as a Director on 03 Oct 2018 & has been associated with this company since 6 years 4 months .

    03 Oct 2018

  • Company Incorporation

    Myalternates Financial Services Private Limited was registered on 06 Jun 2017 with Roc Chennai & aged 7 years 7 months as per MCA records.

    06 Jun 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Myalternates Financial Services Private Limited was incorporated on 06 Jun 2017.

  • The authorized share capital of Myalternates Financial Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.15 M.

  • Currently 3 directors are associated with Myalternates Financial Services Private Limited.

    • Karur Subramanian Ramachandran
    • Delhibhasyam Rajesh Kumar
    • Rahman Fiaz Hameed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Myalternates Financial Services Private Limited is Wellington Estate Door No.24/1 Sf 17/2, Ethiraj Road (Formerly Cin C Road) India, Chennai, Tamil Nadu, 600105.

  • The corporate identification number (CIN) of Myalternates Financial Services Private Limited is U74999TN2017PTC116970 and the company number is 116970 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Myalternates Financial Services Private Limited is https://www.myalternates.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Myalternates Financial Services Private Limited has risen by 52.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Myalternates Financial Services Private Limited has experienced an upsurge of 53.66%.

  • The most recent Balance Sheet for Myalternates Financial Services Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Online Financial Services