About Absolve Management Services Private Limited
Data last updated:
Absolve Management Services Private Limited is a private limited company based in Industrial Area, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72100PB2016PTC045481.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jyoti Boora and Yogender.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at E328 Corporate Square 6th Floor Sector – 75 Phase 8A, Industrial Area, Punjab, India – 160070.
As per the financials filed for FY 2021, the company reported a revenue of ₹54.8 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹22.07 Lakh (net margin -40.3%) and EBITDA of -₹22.07 Lakh (EBITDA margin -40.3%).
The company is associated with 1 brand: AbsolveTech. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website absolvetech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE328 Corporate Square 6th Floor Sector – 75 Phase 8A, Industrial Area, Punjab, India – 160070
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
CIN History of Absolve Management Services Private Limited
Absolve Management Services has one previous CIN (Corporate Identification Number): U70200PB2016PTC045481. The current CIN is U72100PB2016PTC045481, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100PB2016PTC045481 | Current |
| U70200PB2016PTC045481 | Previous |
Associated Brands with Absolve Management Services Private Limited
Absolve Management Services operates one associated brand: AbsolveTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides horizontal application development services for various industries. | absolvetech.com |
Competitors & Alternatives of Absolve Management Services Private Limited
Brands and companies operating in the same space as Absolve Management Services Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Sylogist | Software solutions are delivered to public sector and business clients. | Calgary, Canada | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 Brightspot | CMS solutions for digital publishers are provided and managed. | Reston, United States | 2008 |
Business Activity of Absolve Management Services Private Limited
The main business activity of Absolve Management Services is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Absolve Management Services Private Limited
Absolve Management Services Private Limited is audited by SULEKH CHAND JAIN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SULEKH CHAND JAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Absolve Management Services Private Limited
Absolve Management Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Boora Also directs: V'houzez Services Private Limited | Director | 30 Jun 2016 | 10 Years 3 Months | Current |
| Yogender Also directs: V'houzez Services Private Limited | Director | 30 Jun 2016 | 10 Years 3 Months | Current |
| Swatika Parmar Also directs: Absolve Innovations Private Limited | Director | 20 May 2021 | 5 Years 4 Months | Current |
| Rakesh Verma | Director | 26 Nov 2018 | 7 Years 10 Months | Current |
Financials of Absolve Management Services Private Limited FY 2021 filings available
Absolve Management Services Private Limited reported revenue of ₹54.8 Lakh (down 43% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Absolve Management Services Private Limited
Revenue fell 43% in the latest year. EBITDA fell 461% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Absolve Management Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹22.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹22.07 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Absolve Management Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -40.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Absolve Management Services are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Absolve Management Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Absolve Management Services Private Limited
Absolve Management Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Absolve Management Services Private Limited
Employment history and EPFO contributions of people linked to Absolve Management Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Absolve Management Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Absolve Management Services Private Limited
Absolve Management Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurdaspur, Punjab | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Absolve Management Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Absolve Management Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Absolve Management Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Absolve Management Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Absolve Management Services Private Limited
Frequently Asked Questions about Absolve Management Services Private Limited
Absolve Management Services is an active private limited company based in Industrial Area, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 June 2016 (10+ years old) and is registered under CIN U72100PB2016PTC045481.
Absolve Management Services reported revenue of ₹54.8 Lakh for FY 2021 (down 43% YoY).
Absolve Management Services has 4 current directors:
- Jyoti Boora - Director
- Yogender - Director
- Swatika Parmar - Director
- Rakesh Verma - Director
Absolve Management Services reported a net loss of ₹22.07 Lakh (net margin -40.3%) and EBITDA of -₹22.07 Lakh (EBITDA margin -40.3%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Absolve Management Services is U72100PB2016PTC045481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absolve Management Services has 1 court case on record: 1 filed against it.
Absolve Management Services was incorporated on 30 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
Absolve Management Services can be reached through the website absolvetech.com. Its registered office is in Industrial Area, Punjab, India.
The registered office of Absolve Management Services is at E328 Corporate Square 6th Floor Sector – 75 Phase 8A, Industrial Area, Punjab, India – 160070.