
About Aforeserve Innovation Private Limited
Data last updated:
Aforeserve Innovation Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 August 2020.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC368501. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Soumitra Gupta and Ramesh Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at A – 1 3rd Floor Fiee Complex Okhla Industrial Area Phase – 2, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹84,250, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹62,000 (net margin 73.6%) and EBITDA of ₹62,000 (EBITDA margin 73.6%).
The company was associated with 1 brand: Aforeserve.
The last known website on record is aforeserve.co.in.
Company details
Recognitions & Rankings of Aforeserve Innovation
Contact details
Aforeserve Innovation Private Limited's registered office is in Delhi, Delhi.
- Registered AddressA – 1 3rd Floor Fiee Complex Okhla Industrial Area Phase – 2, Delhi, India – 110020
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Brands
Aforeserve Innovation operates one associated brand: Aforeserve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of AI development, cloud computing, cyber security management, and IT infrastructure services | aforeserve.co.in |
Financials of Aforeserve Innovation Private Limited
FY 2024 filings availableAforeserve Innovation Private Limited reported revenue of ₹84,250 (down 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA rose 174% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹62,000 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹62,000 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 73.6% | |||
| Net Profit Margin | 73.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Aforeserve Innovation Private Limited, buy the company report.
Board of directors of Aforeserve Innovation Private Limited
Aforeserve Innovation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soumitra Gupta Also directs: I2i Startup Capital LLP, Simtech Computronics Private Limited, Hyson Computers Pvt.Ltd. and 5 more | Director | 14 Nov 2022 | 3 Years 11 Months | As last reported |
| Ramesh Bajaj | Director | 24 Aug 2020 | 6 Years 2 Months | As last reported |
Legal cases
No court or tribunal cases involving Aforeserve Innovation 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 Aforeserve Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aforeserve Innovation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aforeserve Innovation Private Limited, buy the company report.
Recent activity
Aforeserve Innovation Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Soumitra Gupta ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Aforeserve Innovation has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Aforeserve Innovation was a private limited company based in Delhi, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 24 August 2020 and is registered under CIN U72900DL2020PTC368501. The company has been struck off by the Registrar of Companies and is no longer operational.
Aforeserve Innovation had 2 directors:
- Soumitra Gupta - Director
- Ramesh Bajaj - Director
The CIN (Corporate Identification Number) of Aforeserve Innovation is U72900DL2020PTC368501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aforeserve Innovation is at A – 1 3rd Floor Fiee Complex Okhla Industrial Area Phase – 2, Delhi, India – 110020.
Aforeserve Innovation was incorporated on 24 August 2020. It is registered with the Registrar of Companies, Delhi.
Yes, Aforeserve Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Aforeserve Innovation can be reached through the website aforeserve.co.in. Its registered office is in Delhi, India.
The latest financial statements of Aforeserve Innovation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
No. Aforeserve Innovation has 1 GST registration on record and it is cancelled or inactive.