- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0171833

Carecay Assured Private Limited
About Carecay Assured Private Limited
Data last updated:
Carecay Assured Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67110GJ2017PTC099157. Its GSTIN is 24AAECI6340N1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Iniciar Financial Services Private Limited. It is led by directors Vandana Maulinbhai Desai and Desai Ripal Rajankumar.
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 401 Vishwa Coplex Opp. Jain Temple Navarngpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.81 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹2.07 Lakh (net margin -1.1%) and EBITDA of ₹2.25 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 9% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
Carecay Assured Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0171833). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Carecay Assured
Contact details
Carecay Assured Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Vishwa Coplex Opp. Jain Temple Navarngpura, Ahmedabad, Gujarat, India – 380009
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Carecay Assured 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
Business activity
The main business activity of Carecay Assured is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Carecay Assured Private Limited, buy the company report.
Financials of Carecay Assured Private Limited
FY 2025 filings availableCarecay Assured Private Limited reported revenue of ₹1.81 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 255% 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 2024-25 | 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 | ₹2.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.07 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -1.1% | ||||
| 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 Carecay Assured Private Limited, buy the company report.
Board of directors of Carecay Assured Private Limited
Carecay Assured 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 |
|---|---|---|---|---|
| Vandana Maulinbhai Desai | Director | 19 Sep 2017 | 9 Years 1 Months | Current |
| Desai Ripal Rajankumar Also directs: Carecay Private Limited, Carecay Cars Private Limited | Director | 19 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Carecay Assured Private Limited is audited by ASHOK DHARIWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK DHARIWAL & CO | FY 2023 | 100648W |
Shareholding
The shareholding of Carecay Assured Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Carecay Assured Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Carecay Assured 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 Carecay Assured Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Carecay Assured Private Limited has a workforce of 21 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Carecay Assured has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECI6340N1ZE | Gujarat | Active | 18 Oct 2017 |
To see the full GST registrations and return filing status of Carecay Assured Private Limited, buy the company report.
Recent activity
Carecay Assured Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Bhoosha Rachitbhai Pandya ceased to be Additional Director on 30 Jun 2025.
Frequently asked questions
Carecay Assured is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 September 2017 (9+ years old) and is registered under CIN U67110GJ2017PTC099157.
Carecay Assured has 2 current directors:
- Vandana Maulinbhai Desai - Director
- Desai Ripal Rajankumar - Director
The latest financial statements of Carecay Assured 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 FY 2018 are in the company report.
The GSTIN of Carecay Assured is 24AAECI6340N1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Carecay Assured is U67110GJ2017PTC099157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carecay Assured was incorporated on 19 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhoosha Rachitbhai Pandya ceased to be Additional Director on 30 Jun 2025. Pinalbhai Kantilal Bhatt ceased to be Director on 07 Feb 2019. Desai Ripal Rajankumar was appointed as Director on 19 Sep 2017. Carecay Assured has 4 board changes on record in total.
Yes, Carecay Assured is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0171833).
The registered office of Carecay Assured is at 401 Vishwa Coplex Opp. Jain Temple Navarngpura, Ahmedabad, Gujarat, India – 380009.
Carecay Assured operates in the business outsourcing industry, in the business and IT consulting segment.

