MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0146724
Aakar Fintech Private Limited
Aakar Fintech Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.47 Lakh
▲ 7% YoY
Net profit · FY 2024
₹2.61 Lakh
Net margin 16.9%
EBITDA · FY 2024
₹12.93 Lakh
EBITDA margin 83.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Aakar Fintech Private Limited
Data last updated:
Aakar Fintech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 11 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2012PTC072956. Its GSTIN is 24AALCA1800C1ZF (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manav Dilipbhai Shah and Siddharth Nareshbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.47 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Lakh (net margin 16.9%) and EBITDA of ₹12.93 Lakh (EBITDA margin 83.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 26% over five years.
Aakar Fintech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0146724). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74140GJ2012PTC072956
Registration Number 072956
Incorporation Date 11 December 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0146724
Key People
Manav Dilipbhai Shah Director Milan Narendrakumar Shah Additional Director Siddharth Nareshbhai Patel Director Recognitions & Rankings of Aakar Fintech
Contact details
Aakar Fintech Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address305 Shreenirmal House Owners Association Kirti Colony Nr. Panchshil Society Usm, Anpura, Ahmedabad, Gujarat, India – 380013
- IndustryFinancial Services, Financial Activities
To see the full contact details of Aakar Fintech Private Limited, buy the company report.
Comprehensive company report
Aakar Fintech Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Financials of Aakar Fintech Private Limited
FY 2025 filings availableAakar Fintech Private Limited reported revenue of ₹15.47 Lakh (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹15.47 Lakh ▲ 7%
Net profit · FY 2024
₹2.61 Lakh margin 16.9%
EBITDA · FY 2024
₹12.93 Lakh margin 83.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 23%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 29%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 7% growth in the latest year. EBITDA rose 22% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹12.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.61 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.6% | ||||
| Net Profit Margin | 16.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Aakar Fintech Private Limited, buy the company report.
Board of directors of Aakar Fintech Private Limited
Aakar Fintech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manav Dilipbhai Shah Also directs: PSP Money Changers Private Limited | Director | 11 Dec 2012 | 13 Years 10 Months | Current |
| Milan Narendrakumar Shah | Additional Director | 22 Jun 2020 | 6 Years 4 Months | Current |
| Siddharth Nareshbhai Patel | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Aakar Fintech Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Fintech), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Comrade Fintech Private Limited | ₹15.81 Lakh (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Metric Fintech Private Limited | ₹15.64 Lakh (FY 2025) | 94.0% | Ahmedabad, Gujarat, India | |||
| Clarion Fintech Private Limited | ₹15.5 Lakh (FY 2024) | 1577.0% | Ahmedabad, Gujarat, India | |||
| Aakar Fintech Private Limitedthis company | ₹15.47 Lakh (FY 2024) | ₹2.61 Lakh | 16.9% | 7.0% | Ahmedabad, Gujarat, India | |
| Sunderwani Fintech Private Limited | ₹15.32 Lakh (FY 2025) | 27.0% | Bikaner, Rajasthan, India |
To see the full peer comparison of Aakar Fintech Private Limited, buy the company report.
Auditor
Aakar Fintech Private Limited is audited by JAYMIN SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYMIN SHAH & ASSOCIATES | FY 2017 | 130014 |
Shareholding
The shareholding of Aakar Fintech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aakar Fintech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aakar Fintech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aakar Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aakar Fintech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA1800C1ZF | Gujarat | Active | 27 Jul 2020 |
To see the full GST registrations and return filing status of Aakar Fintech Private Limited, buy the company report.
Recent activity
Aakar Fintech Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Siddharth Nareshbhai Patel was appointed as Director on 15 Nov 2022.
AGM
Aakar Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aakar Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Siddharth Nareshbhai Patel was appointed as Director.
Ceased
Reena Mishra Shailesh ceased to be Director.
Appointed
Milan Narendrakumar Shah was appointed as Additional Director.
Appointed
Manav Dilipbhai Shah was appointed as Director.
Incorporation
11 Dec 2012
Aakar Fintech Private Limited was registered on 11 Dec 2012 with Roc Ahmedabad & aged 13 years 10 months as per MCA records.
Frequently asked questions
Aakar Fintech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in financial activities, within the financial services industry. It was incorporated on 11 December 2012 (14+ years old) and is registered under CIN U74140GJ2012PTC072956.
Aakar Fintech has 3 current directors:
- Manav Dilipbhai Shah - Director
- Milan Narendrakumar Shah - Additional Director
- Siddharth Nareshbhai Patel - Director
The latest financial statements of Aakar Fintech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakar Fintech is 24AALCA1800C1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Aakar Fintech is U74140GJ2012PTC072956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakar Fintech was incorporated on 11 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aakar Fintech by revenue are Comrade Fintech Private Limited, Metric Fintech Private Limited, Clarion Fintech Private Limited, Sunderwani Fintech Private Limited, all in the BFSI industry (Fintech), with the same principal business activity (other financial activities).
Siddharth Nareshbhai Patel was appointed as Director on 15 Nov 2022. Reena Mishra Shailesh ceased to be Director on 23 Jun 2020. Milan Narendrakumar Shah was appointed as Additional Director on 22 Jun 2020. Aakar Fintech has 4 board changes on record in total.
Yes, Aakar Fintech is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0146724).
The registered office of Aakar Fintech is at 305 Shreenirmal House Owners Association Kirti Colony Nr. Panchshil Society Usm, Anpura, Ahmedabad, Gujarat, India – 380013.
Aakar Fintech operates in the financial services industry, in the financial activities segment.