Answerpal Technologies Private Limited - Company Profile

It is a financial services private limited company based in Ahmedabad, Gujarat, India, established in 2000.
2000 Ahmedabad, Gujarat, India Active
Last Updated:
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About Answerpal Technologies Private Limited

Answerpal Technologies Private Limited, a active private limited company, was established on 02 March 2000 in Ahmedabad, Gujarat, India. Engaging in brokerage & trading services within the information and communication sector, it holds CIN: U72200GJ2000PTC037464. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.00 M.

Formerly known as Ascendum Systems Private Limited. It upholds a compliant status. Its leadership includes Hasmukhbhai Babaldas Vora (Director), Kamlesh Vaghjibhai Vora (Director), Mahendra Babaldas Vora (Director). Past directors included Kadayam Ramachandran Venkatsubramanian, Kamleshkumar Vaghajibhai Vora. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A/7 -- Ground Floor, Safal Profitaire, Off. 100 Ft Prahaladnagar Road, Opp. Auda Garden, Sa, Tellite,, Ahmedabad, Gujarat, 380015.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U72200GJ2000PTC037464

  • Registration Number

    037464

  • Incorporation Date

    02 March 2000

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -6.12%
  • Profit Growth **** -149.43%
  • Ebitda **** -395.72%
  • Net Worth -0.28%
  • Total Assets -0.31%
Company report

Answerpal Technologies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Answerpal Technologies 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 Answerpal Technologies Private Limited?
Current Directors
Name Designation Appointment Date Status
Hasmukhbhai Babaldas Vora Director 02 Mar 2000 Current
Kamlesh Vaghjibhai Vora Director 21 Oct 2014 Current
Mahendra Babaldas Vora Director 30 Sep 2005 Current
Viral Champaklal Vora Director 30 Sep 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Mar 2017 Past
Pramod Abcsdd Director 04 Sep 2014 Past

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Financial Performance of Answerpal Technologies.

Answerpal Technologies Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.12% decrease. The company also saw a substantial fall in profitability, with a 149.43% decrease in profit. The company's net worth dipped by a decrease of 0.28%.

Answerpal Technologies revenue growth over time
Answerpal Technologies 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
********
 -6.12%
*******
*******
*******
*******
Revenue from Operations
*******
 -63.27%
*******
*******
*******
*******
Total Assets
*******
 -0.31%
*******
*******
*******
*******
Profit or Loss
*******
 -149.43%
*******
*******
*******
*******
Net Worth
*******
 -0.28%
*******
*******
*******
*******
EBITDA
*******
 -395.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Answerpal Technologies?

In 2023, Answerpal Technologies had a promoter holding of 82.27% and a public holding of 17.73%. The company had 2 Subsidiaries. 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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How Many Employees Work at Answerpal Technologies?

Unlock and access historical data on people associated with Answerpal Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Answerpal Technologies, 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 Answerpal Technologies's trajectory.

Rating
Graph displaying rating trends over time

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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 Answerpal Technologies
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Answerpal Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Answerpal Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Kamlesh Vaghjibhai Vora was appointed as a Director was appointed as a Director on 21 Oct 2014 & has been associated with this company since 11 years 3 months . was completed.

  • Director Appointment

    Mahendra Babaldas Vora was appointed as a Director was appointed as a Director on 30 Sep 2005 & has been associated with this company since 20 years 4 months . was recorded as a recent event.

  • Director Appointment

    Progress on Viral Champaklal Vora was appointed as a Director was appointed as a Director on 30 Sep 2005 & has been associated with this company since 20 years 4 months . was documented.

  • Director Appointment

    Progress on Hasmukhbhai Babaldas Vora was appointed as a Director was appointed as a Director on 02 Mar 2000 & has been associated with this company since 25 years 11 months . was documented.

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Frequently Asked Questions
What is the CIN of Answerpal Technologies Private Limited?

The CIN of Answerpal Technologies Private Limited is U72200GJ2000PTC037464.

Where is Answerpal Technologies Private Limited headquartered?

Answerpal Technologies Private Limited is headquartered at A/7 -- Ground Floor, Safal Profitaire, Off. 100 Ft Prahaladnagar Road, Opp. Auda Garden, Sa, Tellite,, Ahmedabad, Gujarat, 380015.

When was Answerpal Technologies Private Limited incorporated?

Answerpal Technologies Private Limited was incorporated on 02 March 2000.

Who are the current directors of Answerpal Technologies Private Limited?

The current directors of Answerpal Technologies Private Limited are

What is the primary industry of Answerpal Technologies Private Limited?

The primary industry of Answerpal Technologies Private Limited is Information And Communication.

Is Answerpal Technologies Private Limited a listed company?

Answerpal Technologies Private Limited is unlisted.

What is the capital structure of Answerpal Technologies Private Limited?

The authorized capital of Answerpal Technologies Private Limited is ₹2.50 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Answerpal Technologies Private Limited?

The compliance status of Answerpal Technologies Private Limited is Compliant.

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