Absolute It Solutions Private Limited - Company Profile

It is a information technology private limited company based in Mumbai, Maharashtra, India, established in 2013.
2013 Mumbai, Maharashtra, India Active
Last Updated:
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About Absolute It Solutions Private Limited

Absolute It Solutions Private Limited, a active private limited company, was established on 09 July 2013 in Mumbai, Maharashtra, India. Engaging in it products retail & distribution within the trade sector, it holds CIN: U52100MH2013PTC245401. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.68 Cr and a paid-up capital of ₹1.25 Cr.

It upholds a compliant status. Employing 11 professional, Its leadership includes Dinesh Narayan Belchada (Director), Deepak Laxman Gupta (Director), Ramsurat Ramfer Yadav (Director). Past directors included Prapthi Maneesh Suvarna, Dinesh Narayan Belchada. It holds ₹19.35 Cr open charges and ₹6.90 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 207, 2Nd Floor ,Hindustan Kohinoor Premises Chs Lbs Marg, Vikhroli (W), Mumbai, Maharashtra, 400083.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U52100MH2013PTC245401

  • Registration Number

    245401

  • Incorporation Date

    09 July 2013

  • Authorized Capital

    ₹1.68 Cr

  • Paid-Up Capital

    ₹1.25 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.68 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.35 Cr
  • Satisfied Charges ₹ 6.90 Cr
  • Revenue Growth **** 2.71%
  • Profit Growth **** -22.58%
  • Ebitda **** -3.79%
  • Net Worth 16.63%
  • Total Assets -1.00%
Company report

Absolute It Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Absolute It Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Absolute It Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Dinesh Narayan Belchada Director 09 Jul 2013 Current
Deepak Laxman Gupta Director 09 Jul 2013 Current
Ramsurat Ramfer Yadav Director 09 Jul 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Dec 2015 Past
Pramod Abcsdd Director 08 Aug 2025 Past

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Financial Performance of Absolute It Solutions.

Absolute It Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.71% increase. The company also saw a substantial fall in profitability, with a 22.58% decrease in profit. The company's net worth Soared by an impressive increase of 16.63%.

Absolute It Solutions revenue growth over time
Absolute It Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 2.71%
*******
*******
*******
*******
Revenue from Operations
*******
 3.07%
*******
*******
*******
*******
Total Assets
*******
 -1.00%
*******
*******
*******
*******
Profit or Loss
*******
 -22.58%
*******
*******
*******
*******
Net Worth
*******
 16.63%
*******
*******
*******
*******
EBITDA
*******
 -3.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Absolute It Solutions?

In 2023, Absolute It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹193,509,116.00

Satisfied Charges

₹69,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 8.60 Cr
  • Yes Bank Limited : 5.00 Cr
  • Others : 3.75 Cr
  • Axis Bank Limited : 2.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Jul 2022 Yes Bank Limited ₹5.00 Cr Open
17 Nov 2021 Hdfc Bank Limited ₹8.30 Cr Open
01 Mar 2021 Axis Bank Limited ₹2.00 Cr Open
29 Jul 2017 Others ₹2.00 Cr Open
30 Apr 2016 Others ₹1.75 Cr Open

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How Many Employees Work at Absolute It Solutions?

Absolute It Solutions has a workforce of 11 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Absolute It Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Absolute It Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Absolute It Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Absolute It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Absolute It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 8.30 Cr registered on 17 Nov 2021 with Charge ID 100513567 was modified on 07 Feb 2023. was documented.

  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100599569 was registered on 30 Jul 2022. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 8.30 Cr with Charge ID 100513567 was registered on 17 Nov 2021. was documented.

  • Charges

    The activity A charge registered on 05 May 2020 via Charge ID 100336971 with Others was fully satisfied on 16 Sep 2021. was completed.

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Frequently Asked Questions
What is the CIN of Absolute It Solutions Private Limited?

The CIN of Absolute It Solutions Private Limited is U52100MH2013PTC245401.

Where is Absolute It Solutions Private Limited headquartered?

Absolute It Solutions Private Limited is headquartered at 207, 2Nd Floor ,Hindustan Kohinoor Premises Chs Lbs Marg, Vikhroli (W), Mumbai, Maharashtra, 400083.

When was Absolute It Solutions Private Limited incorporated?

Absolute It Solutions Private Limited was incorporated on 09 July 2013.

Who are the current directors of Absolute It Solutions Private Limited?

The current directors of Absolute It Solutions Private Limited are

What is the primary industry of Absolute It Solutions Private Limited?

The primary industry of Absolute It Solutions Private Limited is Trade.

Is Absolute It Solutions Private Limited a listed company?

Absolute It Solutions Private Limited is unlisted.

What is the capital structure of Absolute It Solutions Private Limited?

The authorized capital of Absolute It Solutions Private Limited is ₹1.68 Cr, and the paid-up capital is ₹1.25 Cr.

What is the compliance status of Absolute It Solutions Private Limited?

The compliance status of Absolute It Solutions Private Limited is Compliant.

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