Addin Finserv Private Limited
About Addin Finserv Private Limited
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Addin Finserv 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 15 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2014PTC080777. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakeshkumar Jivrajbhai Harsora and Ashish Jitendra Joshi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Unit No. 02 2nd Floor Narnarayan Complex Nr. Navrangpura Bus Stand, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2019, the company reported a revenue of ₹19.42 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹10.21 Lakh (net margin 52.6%) and EBITDA of ₹10.56 Lakh (EBITDA margin 54.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 9 cases involving the company, including 9 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Addin Finserv Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 02 2nd Floor Narnarayan Complex Nr. Navrangpura Bus Stand, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Financial Activities
To see the full contact details of Addin Finserv Private Limited, buy the company report.
- 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
Financials of Addin Finserv Private Limited
FY 2019 filings availableAddin Finserv Private Limited reported revenue of ₹19.42 Lakh (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 5% growth in the latest year. EBITDA rose 318% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹10.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.21 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.4% | ||||
| Net Profit Margin | 52.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Addin Finserv Private Limited, buy the company report.
Board of directors of Addin Finserv Private Limited
Addin Finserv has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Jivrajbhai Harsora Also directs: Suning Solex Private Limited, Dhruvi Renewable Energy Private Limited, Patoriya Renewable Energy Private Limited and 1 more | Director | 15 Nov 2016 | 10 Years 0 Months | Current |
| Ashish Jitendra Joshi Also directs: Nikins Solar Power LLP, Addin Power Park LLP, Nishtha Finance and Investment (India) Ltd and 4 more | Director | 20 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Addin Finserv Private Limited is audited by BUDHARAJA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BUDHARAJA & ASSOCIATES | FY 2017 | 139410W |
Shareholding
The shareholding of Addin Finserv Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Addin Finserv Private Limited, buy the company report.
Legal cases
Addin Finserv Private Limited has 9 court cases on record: 9 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 9 |
Cases on record (2 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Pending |
To see the full case history of Addin Finserv Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Addin Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Addin Finserv Private Limited has a workforce of 1 employees on its EPFO records as of Feb 2019.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 1 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Addin Finserv Private Limited, buy the company report.
GST
Addin Finserv has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Addin Finserv Private Limited, buy the company report.
Recent activity
Addin Finserv Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Bavchand Jivrajbhai Harsora ceased to be Director on 30 Jan 2020.
Frequently asked questions
Addin Finserv 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 15 September 2014 (12+ years old) and is registered under CIN U74140GJ2014PTC080777.
Addin Finserv has 2 current directors:
- Rakeshkumar Jivrajbhai Harsora - Director
- Ashish Jitendra Joshi - Director
The latest financial statements of Addin Finserv on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Addin Finserv has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Addin Finserv is U74140GJ2014PTC080777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addin Finserv has 9 court cases on record: 9 filed against it. 9 are pending.
Addin Finserv was incorporated on 15 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bavchand Jivrajbhai Harsora ceased to be Director on 30 Jan 2020. Ashish Jitendra Joshi was appointed as Director on 20 Jan 2020. Ashish Jitendra Joshi ceased to be Director on 19 Nov 2016. Addin Finserv has 5 board changes on record in total.
The registered office of Addin Finserv is at Unit No. 02 2nd Floor Narnarayan Complex Nr. Navrangpura Bus Stand, Ahmedabad, Gujarat, India – 380009.
Addin Finserv operates in the financial services industry, in the financial activities segment.
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