Suvit Fintech Private Limited

AI-powered accounting automation software for efficient financial management.

2022 | Surat, Gujarat (India) | Active
Last Updated: November 16, 2024

Suvit Fintech Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 2 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 61.60%
  • Ebitda 76.70%
  • Net Worth 3.14%
  • Total Assets 2.34%

About Suvit Fintech

Suvit Fintech Private Limited (SFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 February 2022 (Two years and 11 months 21 days old ). Its registered office is in Surat, Gujarat, 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 M and a paid-up capital of Rs 0.14 M, as per Ministry of Corporate Affairs (MCA) records.

Hitesh Kakadia, Ankit Virani, and Sumit Agarwal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    suvit.io

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2022PTC129610

  • Company No.

    129610

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2022

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Internet

Who are the key members and board of directors at Suvit Fintech?

Board Members (3)

Name Designation Appointment Date Status
Sumit Agarwal Country flag representing In Director 12-Sep-2024 Current
Hitesh Kakadia Country flag representing In Director Current
Ankit Virani Country flag representing In Director 23-Feb-2022 Current

Financial Performance of Suvit Fintech.

Suvit Fintech Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 61.6% increase in profit. The company's net worth moved up by a moderate rise of 3.14%.

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
Revenue from Operations
Total Assets
2.34%
Profit or Loss
61.60%
Net Worth
3.14%
EBITDA
76.70%

What is the Ownership and Shareholding Structure of Suvit Fintech?

In 2023, Suvit Fintech had a promoter holding of 81.90% and a public holding of 18.09%. 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 Suvit Fintech?

Suvit Fintech has a workforce of 13 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Suvit Fintech, 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 Suvit Fintech'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 Suvit Fintech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Sumit Agarwal was appointed as a Director was appointed as a Director on 12 Sep 2024 & has been associated with this company since 5 months 2 days .

    12 Sep 2024

  • Balance Sheet

    Suvit Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Ankit Jamanbhai Virani was appointed as a Director was appointed as a Director on 23 Feb 2022 & has been associated with this company since 2 years 11 months .

    23 Feb 2022

  • Company Incorporation

    Suvit Fintech Private Limited was registered on 23 Feb 2022 with Roc Ahmedabad & aged 2 years 11 months as per MCA records.

    23 Feb 2022

Frequently asked questions

  • Suvit Fintech Private Limited was incorporated on 23 Feb 2022.

  • The authorized share capital of Suvit Fintech Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.14 M.

  • Currently 3 directors are associated with Suvit Fintech Private Limited.

    • Hitesh Harishbhai Kakadia
    • Ankit Jamanbhai Virani
    • Sumit Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suvit Fintech Private Limited is 9Th Fl. Office-901 To 906 919 926 Infinity Tower Lal Darwaja, Station Rd India, Surat, Gujarat, 395003.

  • The corporate identification number (CIN) of Suvit Fintech Private Limited is U72900GJ2022PTC129610 and the company number is 129610 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suvit Fintech Private Limited is https://www.suvit.io

  • As Per 2023 financial reports, 13 employees are currently employed by Suvit Fintech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suvit Fintech Private Limited has experienced an upsurge of 3.14%.

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

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