About Americorp Business Services Private Limited
Data last updated:
Americorp Business Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Joindre Finance Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business process outsourcing sector. It was incorporated on 09 July 2002.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2002PTC136458. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Jitendra Ramchandra Abhang and Dipesh Pravin Desai.
Its last annual general meeting (AGM) was held on 21 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹87.64 Lakh, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹55.06 Lakh (net margin -62.8%) and EBITDA of ₹41.84 Lakh (EBITDA margin 47.7%). Revenue has declined at a compounded annual rate (CAGR) of 182% over three years and 27% over five years.
As per MCA filings, the company had satisfied charges of ₹59.84 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is americorpfund.com.
Company details
Contact details
Americorp Business Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is americorpfund.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1607 16th Floor Lodha Supremus Opp. Kamala Mills Compound Senapati Bapat Marg Lower Par, El, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Americorp Business Services 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 Americorp Business Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Americorp Business Services Private Limited, buy the company report.
Financials of Americorp Business Services Private Limited
FY 2023 filings availableAmericorp Business Services Private Limited reported revenue of ₹87.64 Lakh (up 67% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 67% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 44% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹87.64 Lakh | ||||
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| EBITDA | ₹41.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹55.06 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.7% | ||||
| Net Profit Margin | -62.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Americorp Business Services Private Limited, buy the company report.
Board of directors of Americorp Business Services Private Limited
Americorp Business Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Ramchandra Abhang Also directs: Emanate Real Estate Private Limited, Frontline Realty Private Limited, Empire Realty Private Limited and 5 more | Director | 21 Dec 2022 | 3 Years 10 Months | As last reported |
| Dipesh Pravin Desai | Director | 22 Dec 2006 | 19 Years 10 Months | As last reported |
Auditor
Americorp Business Services Private Limited is audited by NGS & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGS & Co. LLP | FY 2023 | 119850W |
Shareholding
The shareholding of Americorp Business Services 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Americorp Business Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2006 | 10012235 | Hdfc Bank Limited | ₹45.84 Cr | Satisfied | |
| 14 Feb 2004 | 90146588 | Indusind Bank Ltd | ₹14 Cr | Satisfied |
To see the full charge records of Americorp Business Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Americorp Business Services Private Limited has 2 court cases on record: 2 filed by Americorp Business Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Americorp Business Services Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Americorp Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Americorp Business Services 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 Americorp Business Services Private Limited, buy the company report.
Recent activity
Americorp Business Services Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Jitendra Ramchandra Abhang ceased to be Additional Director on 20 Sep 2023.
5 earlier events are in the company report.
Frequently asked questions
Americorp Business Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Americorp Business Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 July 2002 and is registered under CIN U70100MH2002PTC136458. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Americorp Business Services was incorporated on 09 July 2002. It is registered with the Registrar of Companies, Mumbai.
Americorp Business Services had 2 directors:
- Jitendra Ramchandra Abhang - Director
- Dipesh Pravin Desai - Director
The CIN (Corporate Identification Number) of Americorp Business Services is U70100MH2002PTC136458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Americorp Business Services is at 1607 16th Floor Lodha Supremus Opp. Kamala Mills Compound Senapati Bapat Marg Lower Par, El, Mumbai, Maharashtra, India – 400013.
Americorp Business Services can be reached through the website americorpfund.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Americorp Business Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 21 September 2023. Year-wise statements from 2015 are in the company report.
No. Americorp Business Services has 1 GST registration on record and it is cancelled or inactive.
Americorp Business Services operated in the business outsourcing industry, in the business process outsourcing segment.
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