About Abhireet Enterprises Private Limited
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Abhireet Enterprises Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the prepaid card services segment of the financial services sector. It was incorporated on 28 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52335GJ2008PTC052747. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Malabika Mukherjee Alok and Alok Argho Mukherjee.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2001 Shreenath Complex Opp.Jivanjyot Cinema Udhna, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.26 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹14.77 Lakh (net margin 1.1%) and EBITDA of ₹1.21 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
As per MCA filings, the company has open charges of ₹5.65 Cr and satisfied charges of ₹8.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abhireet.com.
Company details
Contact details
Abhireet Enterprises Private Limited's registered office is in Surat, Gujarat. Its website is abhireet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2001 Shreenath Complex Opp.Jivanjyot Cinema Udhna, Surat, Gujarat, India – 394210
- IndustryFinancial Services, Prepaid Card Services
To see the full contact details of Abhireet Enterprises 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 Abhireet Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Abhireet Enterprises Private Limited, buy the company report.
Financials of Abhireet Enterprises Private Limited
FY 2018 filings availableAbhireet Enterprises Private Limited reported revenue of ₹13.26 Cr (up 66% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 66% growth in the latest year. EBITDA rose 368% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹13.26 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.21 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹14.77 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.1% | |||
| 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 Abhireet Enterprises Private Limited, buy the company report.
Board of directors of Abhireet Enterprises Private Limited
Abhireet Enterprises has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malabika Mukherjee Alok | Director | 28 Jan 2008 | 18 Years 9 Months | Current |
| Alok Argho Mukherjee | Director | 28 Jan 2008 | 18 Years 9 Months | Current |
| Silaben Argho Mukherji | Director | 28 Jan 2008 | 18 Years 9 Months | Current |
Auditor
Abhireet Enterprises Private Limited is audited by BIRJU S SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRJU S SHAH & ASSOCIATES | FY 2018 | 131554W |
Shareholding
The shareholding of Abhireet Enterprises Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Abhireet Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2019 | 100251580 | Others | ₹3.15 Cr | Open | |
| 26 Dec 2017 | 100158450 | Others | ₹1.25 Cr | Open | |
| 09 Jul 2013 | 10443362 | The Sutex Co-Operative Bank Limited | ₹1.25 Cr | Open | |
| 21 Feb 2017 | 100084655 | Others | ₹3.25 Cr | Satisfied | |
| 10 Jan 2014 | 10476687 | The Sutex Co-Operative Bank Ltd. | ₹3.8 Cr | Satisfied |
To see the full charge records of Abhireet Enterprises Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Abhireet Enterprises 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 Abhireet Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abhireet Enterprises 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 Abhireet Enterprises Private Limited, buy the company report.
Recent activity
Abhireet Enterprises Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Jitendra Mangabhai Warde ceased to be Director on 05 Apr 2023.
9 earlier events are in the company report.
Frequently asked questions
Abhireet Enterprises is an active private limited company based in Surat, Gujarat, India. The company works in prepaid card services, within the financial services industry. It was incorporated on 28 January 2008 (18+ years old) and is registered under CIN U52335GJ2008PTC052747.
Abhireet Enterprises has 3 current directors:
- Malabika Mukherjee Alok - Director
- Alok Argho Mukherjee - Director
- Silaben Argho Mukherji - Director
The latest financial statements of Abhireet Enterprises on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Abhireet Enterprises has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Abhireet Enterprises is U52335GJ2008PTC052747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abhireet Enterprises was incorporated on 28 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jitendra Mangabhai Warde ceased to be Director on 05 Apr 2023. Hardik Ajitkumar Desai ceased to be Director on 27 Oct 2017. Kavita Hardik Desai ceased to be Director on 27 Oct 2017. Abhireet Enterprises has 6 board changes on record in total.
Abhireet Enterprises can be reached through the website abhireet.com. Its registered office is in Surat, Gujarat, India.
The registered office of Abhireet Enterprises is at 2001 Shreenath Complex Opp.Jivanjyot Cinema Udhna, Surat, Gujarat, India – 394210.
Abhireet Enterprises operates in the financial services industry, in the prepaid card services segment.
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