Sernet Financial Services Private Limited

Provides online financial services to top media companies since 2004.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Sernet Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.35 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.00 M
  • Revenue Growth -29.71%
  • Profit Growth -156.10%
  • Ebitda 31.61%
  • Net Worth 41.60%
  • Total Assets 48.03%

About Sernet Financial Services

Sernet Financial Services Private Limited (SFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 2004 and has a history of 20 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.35 Cr.

The company currently has active open charges totaling ₹8.00 M.

Bhumika Vora, Arvindkumar Vora, and Bhavesh Vora serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2004PTC144955

  • Company No.

    144955

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Internet

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

Board Members (3)

Name Designation Appointment Date Status
Bhavesh Vora Country flag representing In Director 10-Mar-2004 Current
Arvindkumar Vora Country flag representing In Director 10-Mar-2004 Current
Bhumika Vora Country flag representing In Whole-Time Director 18-Apr-2005 Current

Financial Performance of Sernet Financial Services.

Sernet Financial Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.71% decrease. The company also saw a substantial fall in profitability, with a 156.1% decrease in profit. The company's net worth Soared by an impressive increase of 41.6%.

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
-29.71%
Revenue from Operations
-26.37%
Total Assets
48.03%
Profit or Loss
-156.10%
Net Worth
41.60%
EBITDA
31.61%

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

Unlock access to Sernet Financial Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
06 Jan 2017 Hdfc Bank Limited ₹4.00 M Open
06 Jan 2017 Hdfc Bank Limited ₹4.00 M Open

How Many Employees Work at Sernet Financial Services?

Unlock and access historical data on people associated with Sernet 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 Sernet 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 Sernet 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 Sernet Financial Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sernet Financial Services 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. 0.40 Cr with Charge ID 100121600 was registered on 06 Jan 2017.

    06 Jan 2017

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100121813 was registered on 06 Jan 2017.

    06 Jan 2017

  • Director Appointment

    Bhumika Bhavesh Vora was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Apr 2005 & has been associated with this company since 19 years 9 months .

    18 Apr 2005

  • Director Appointment

    Arvindkumar Jayantilal Vora was appointed as a Director was appointed as a Director on 10 Mar 2004 & has been associated with this company since 20 years 10 months .

    10 Mar 2004

Frequently asked questions

  • Sernet Financial Services Private Limited was incorporated on 10 Mar 2004.

  • The authorized share capital of Sernet Financial Services Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.35 Cr.

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

    • Bhumika Bhavesh Vora
    • Arvindkumar Jayantilal Vora
    • Bhavesh Arvindkumar Vora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sernet Financial Services Private Limited is B/201 Hemu Classic Shopping Centre Opp. New Era Cinemas S.V.Road, Malad We St India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of Sernet Financial Services Private Limited is U67190MH2004PTC144955 and the company number is 144955 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sernet Financial Services Private Limited has fallen by -29.71%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sernet Financial Services Private Limited has experienced an upsurge of 41.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sernet Financial Services Private Limited amount to ₹ 8.00 M.

  • The most recent Balance Sheet for Sernet Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

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