Accurate Financial Solutions Private Limited
About Accurate Financial Solutions Private Limited
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Accurate Financial Solutions Private Limited is a private limited company based in Malerkotla, Punjab, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 12 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2004PTC026710.
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajan Kumar Jain and Deepak Kumar Jain.
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 C/O Gautam Ice & Cold Storage Satta Bazar, Malerkotla, Punjab, India – 148023.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.94 Lakh. For the same year it recorded a net profit of ₹10,010 (net margin 3.4%) and EBITDA of -₹2.95 Lakh (EBITDA margin -100.6%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Accurate Financial Solutions Private Limited's registered office is in Malerkotla, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Gautam Ice & Cold Storage Satta Bazar, Malerkotla, Punjab, India – 148023
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Accurate Financial Solutions 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
Financials of Accurate Financial Solutions Private Limited
FY 2024 filings availableAccurate Financial Solutions Private Limited reported revenue of ₹2.94 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.94 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.95 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹10,010 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -100.6% | ||
| Net Profit Margin | 3.4% | ||
| 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 Accurate Financial Solutions Private Limited, buy the company report.
Board of directors of Accurate Financial Solutions Private Limited
Accurate Financial Solutions 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 |
|---|---|---|---|---|
| Rajan Kumar Jain Also directs: S.V. Forgings Private Limited, D. K. Real Estates Private Limited | Director | 12 Dec 2008 | 17 Years 10 Months | Current |
| Deepak Kumar Jain Also directs: D. K. Real Estates Private Limited | Director | 12 Jan 2004 | 22 Years 9 Months | Current |
Auditor
Accurate Financial Solutions Private Limited is audited by AJAY SADHU AGGARWAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY SADHU AGGARWAL & CO. | FY 2017 | 502457 |
Shareholding
The shareholding of Accurate Financial Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Accurate Financial Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Accurate Financial Solutions 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 Accurate Financial Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Accurate Financial Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Accurate Financial Solutions Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Rajan Kumar Jain ceased to be Additional Director on 22 Sep 2009.
Frequently asked questions
Accurate Financial Solutions is an active private limited company based in Malerkotla, Punjab, India. The company works in wholesale, within the trading industry. It was incorporated on 12 January 2004 (22+ years old) and is registered under CIN U74999PB2004PTC026710.
Accurate Financial Solutions has 2 current directors:
- Rajan Kumar Jain - Director
- Deepak Kumar Jain - Director
The latest financial statements of Accurate Financial Solutions 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 CIN (Corporate Identification Number) of Accurate Financial Solutions is U74999PB2004PTC026710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accurate Financial Solutions was incorporated on 12 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rajan Kumar Jain ceased to be Additional Director on 22 Sep 2009. Sumit Kumar Jain ceased to be Director on 22 Jan 2009. Rajan Kumar Jain was appointed as Director on 12 Dec 2008. Accurate Financial Solutions has 4 board changes on record in total.
The registered office of Accurate Financial Solutions is at CO Gautam Ice & Cold Storage Satta Bazar, Malerkotla, Punjab, India – 148023.
Accurate Financial Solutions operates in the trading industry, in the wholesale segment.
The compliance status of Accurate Financial Solutions is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
Accurate Financial Solutions can be reached at its registered office: CO Gautam Ice & Cold Storage Satta Bazar, Malerkotla, Punjab, India – 148023.