Adad Asset Service Private Limited
About Adad Asset Service Private Limited
Data last updated:
Adad Asset Service Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 03 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U93030UP2009PTC038574. Its GSTIN is 09AADCK7758B1ZE (Uttar Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹69.99 Lakh. It was formerly known as Keystone Learning Academy Private Limited and Adad Fin Advisors Private Limited. It is led by directors including Viplav Majumdar (Managing Director) and Kedar Sureshchandra Jagirdar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Md 1/40 Lda Colony Kanpur Road Near Parag Crossing, Lucknow, Uttar Pradesh, India – 226012.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.82 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹7.16 Lakh (net margin -81.1%) and EBITDA of -₹3.19 Lakh (EBITDA margin -36.1%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 2% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Adad Asset Service has undergone 2 name changes throughout its history. The company was previously known as Keystone Learning Academy Private Limited, and Adad Fin Advisors Private Limited. The current legal name is Adad Asset Service Private Limited.
| Company Name | Status |
|---|---|
| Adad Asset Service Private Limited | Current |
| Keystone Learning Academy Private Limited | Previous |
| Adad Fin Advisors Private Limited | Previous |
CIN history
Adad Asset Service has one previous CIN (Corporate Identification Number): U80904UP2009PTC038574. The current CIN is U93030UP2009PTC038574, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93030UP2009PTC038574 | Current |
| U80904UP2009PTC038574 | Previous |
Contact details
Adad Asset Service Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressMd 1/40 Lda Colony Kanpur Road Near Parag Crossing, Lucknow, Uttar Pradesh, India – 226012
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Adad Asset Service 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 Adad Asset Service 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 Adad Asset Service Private Limited, buy the company report.
Financials of Adad Asset Service Private Limited
FY 2025 filings availableAdad Asset Service Private Limited reported revenue of ₹8.82 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 4% fall in the latest year. EBITDA rose 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.16 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.1% | ||||
| Net Profit Margin | -81.1% | ||||
| 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 Adad Asset Service Private Limited, buy the company report.
Board of directors of Adad Asset Service Private Limited
Adad Asset Service has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viplav Majumdar Also directs: Chitram Igen Project LLP, Akasiaa Hotels LLP, Laavanya Project Managers LLP and 5 more | Managing Director | 06 Sep 2013 | 13 Years 1 Months | Current |
| Kedar Sureshchandra Jagirdar | Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Vivek Vasudev Dadhich | Director | 07 Jun 2017 | 9 Years 4 Months | Current |
| Praveen Srivastava | Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Deepti Pandey | Director | 03 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Adad Asset Service Private Limited is audited by RAJIV PRIYANKA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV PRIYANKA AND ASSOCIATES | FY 2023 | 006513C |
Shareholding
The shareholding of Adad Asset Service 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 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adad Asset Service Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adad Asset Service 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 Adad Asset Service Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adad Asset Service has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCK7758B1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adad Asset Service Private Limited, buy the company report.
Recent activity
Adad Asset Service Private Limited has 8 board changes on record since 2009: 5 appointments and 3 cessations. The latest: Kedar Sureshchandra Jagirdar was appointed as Director on 30 Mar 2019.
Frequently asked questions
Adad Asset Service is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 03 November 2009 (17+ years old) and is registered under CIN U93030UP2009PTC038574.
Adad Asset Service has 5 current directors:
- Viplav Majumdar - Managing Director
- Kedar Sureshchandra Jagirdar - Director
- Vivek Vasudev Dadhich - Director
- Praveen Srivastava - Director
- Deepti Pandey - Director
The latest financial statements of Adad Asset Service on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adad Asset Service is 09AADCK7758B1ZE, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Adad Asset Service is U93030UP2009PTC038574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adad Asset Service was incorporated on 03 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Kedar Sureshchandra Jagirdar was appointed as Director on 30 Mar 2019. Praveen Srivastava was appointed as Director on 30 Mar 2019. Vivek Vasudev Dadhich was appointed as Director on 07 Jun 2017. Adad Asset Service has 8 board changes on record in total.
The registered office of Adad Asset Service is at Md 140 Lda Colony Kanpur Road Near Parag Crossing, Lucknow, Uttar Pradesh, India – 226012.
Adad Asset Service operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Adad Asset Service is active non-compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.