About Ripe Accountancy Services Private Limited
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Ripe Accountancy Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ripe Limited (A Private Company). It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 01 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74910GJ2014PTC080323. Its GSTIN is 24AAGCR9822C1ZH (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 Robert David Glazer and Pratima Glazer.
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 is at 4th Floor A / 407 Stellar Nr. Sindhu Bhavan Road, Nr. Pakwan Cross Road Bodakdev Ahmedabad – 380059, Gujarat, India – 380059.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.53 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹28.57 Lakh (net margin 8.1%) and EBITDA of ₹45.62 Lakh (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ripefinancial.com.
Company details
Contact details
Ripe Accountancy Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ripefinancial.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor A / 407 Stellar Nr. Sindhu Bhavan Road, Nr. Pakwan Cross Road Bodakdev Ahmedabad – 380059, Gujarat, India – 380059
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Ripe Accountancy Services 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 Ripe Accountancy Services 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 Ripe Accountancy Services Private Limited, buy the company report.
Financials of Ripe Accountancy Services Private Limited
FY 2024 filings availableRipe Accountancy Services Private Limited reported revenue of ₹3.53 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 31% growth in the latest year. EBITDA rose 44% 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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| EBITDA | ₹45.62 Lakh | ||||
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| Net Profit (PAT) | ₹28.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 8.1% | ||||
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To see the full financial statements and ratios of Ripe Accountancy Services Private Limited, buy the company report.
Board of directors of Ripe Accountancy Services Private Limited
Ripe Accountancy Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Robert David Glazer Also directs: Ripe Outsourcing Private Limited | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Pratima Glazer Also directs: Ripe Outsourcing Private Limited | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Jaini Darshan Shah Also directs: Ripe Outsourcing Private Limited | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
| Darshan Kiritbhai Shah Also directs: Ripe Outsourcing Private Limited | Director | 08 Jan 2015 | 11 Years 10 Months | Current |
Auditor
Ripe Accountancy Services Private Limited is audited by DINESH K. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH K. SHAH & CO. | FY 2023 | 102602W |
Shareholding
The shareholding of Ripe Accountancy Services 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 Ripe Accountancy Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ripe Accountancy Services 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 Ripe Accountancy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ripe Accountancy Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCR9822C1ZH | Gujarat | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Ripe Accountancy Services Private Limited, buy the company report.
Recent activity
Ripe Accountancy Services Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Jaini Darshan Shah ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Ripe Accountancy Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 01 August 2014 (12+ years old) and is registered under CIN U74910GJ2014PTC080323.
Ripe Accountancy Services has 4 current directors:
- Robert David Glazer - Director
- Pratima Glazer - Director
- Jaini Darshan Shah - Director
- Darshan Kiritbhai Shah - Director
The latest financial statements of Ripe Accountancy Services 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 2015 are in the company report.
The GSTIN of Ripe Accountancy Services is 24AAGCR9822C1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Ripe Accountancy Services is U74910GJ2014PTC080323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ripe Accountancy Services was incorporated on 01 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jaini Darshan Shah ceased to be Additional Director on 29 Sep 2018. Jaini Darshan Shah was appointed as Director on 16 Jan 2018. Patel Parshotamdas Jayendrakumar ceased to be Director on 01 Feb 2017. Ripe Accountancy Services has 7 board changes on record in total.
Ripe Accountancy Services can be reached through the website ripefinancial.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ripe Accountancy Services is at 4th Floor A 407 Stellar Nr. Sindhu Bhavan Road, Nr. Pakwan Cross Road Bodakdev Ahmedabad – 380059, Gujarat, India – 380059.
Ripe Accountancy Services operates in the business outsourcing industry, in the accounting and financial analysis segment.
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