Asel Financial Services Limited Company Logo

Asel Financial Services Limited - Company Profile

It is a financial services public limited company based in Ahmedabad, Gujarat, India, established in 2005.

2005 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Asel Financial Services Limited

Asel Financial Services Limited, a active public limited company, was established on 04 March 2005 in Ahmedabad, Gujarat, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U67110GJ2005PLC045636. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹7.48 Cr.

Formerly known as Ahmedabad Stock Exchange Limited. It upholds a compliant status. Its leadership includes Apurva Hathi (Director), Devangkumar Champaklal Sheth (Director), Rameshchandra Natvarlal Chokshi (Director). Past directors included Rangarao Vasantrao Dani, Kaluvakolanu Nityanandam, Shyam Nath Misra. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor Kamdhenu Complexopp Sahajand College Nr Panjara Pole Ambawadi, Ahmedabad, Gujarat, 380015.

Company Details

  • CIN/LLPIN

    U67110GJ2005PLC045636

  • Registration Number

    045636

  • Incorporation Date

    04 March 2005

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹7.48 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.48 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth 17.40%
  • Profit Growth 26.09%
  • Ebitda -1.06%
  • Net Worth 2.66%
  • Total Assets 17.31%
Company report

Asel Financial Services Limited

Company Report FY 2025-2026

Explore comprehensive insights into Asel Financial Services 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 Asel Financial Services Limited?

Current Directors

NameDesignationAppointment DateStatus
Apurva HathiDirector26 May 2014Current
Devangkumar Champaklal ShethDirector30 Sep 2022Current
Rameshchandra Natvarlal ChokshiDirector31 Dec 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director21 Mar 2011Past
Pramod AbcsddDirector22 Aug 2016Past
Pramod AbcsddNominee Director09 Oct 2013Past
Pramod AbcsddDirector30 Sep 2022Past
Pramod AbcsddNominee Director28 Jun 2008Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Asel Financial Services.

Asel Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.4% increase. The company also saw a substantial improvement in profitability, with a 26.09% increase in profit. The company's net worth moved up by a moderate rise of 2.66%.

Asel Financial Services revenue growth over time
Asel Financial Services profit and loss trends over time
  • 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
17.40%
Revenue from Operations
14.78%
Total Assets
17.31%
Profit or Loss
26.09%
Net Worth
2.66%
EBITDA
-1.06%

What is the Ownership and Shareholding Structure of Asel Financial Services?

In 2023, Asel Financial Services had a public holding of 99.99%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Asel Financial Services?

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

Employee growth trends for Asel Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asel Financial Services, 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 Asel Financial Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Asel Financial Services

Recent Activity within the Organization

  • Annual General Meeting

    Asel Financial Services Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Asel Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity Devangkumar Champaklal Sheth was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 3 years 2 months . was completed.

  • Director Appointment

    Vipul Ramanbhai Patel was appointed as a CFO was appointed as a CFO on 14 Aug 2014 & has been associated with this company since 11 years 3 months . was recorded as a recent event.

  • Director Appointment

    Apurva Hathi was appointed as a Director was appointed as a Director on 26 May 2014 & has been associated with this company since 11 years 6 months . was recorded as a recent event.

  • Director Appointment

    The activity Rameshchandra Natvarlal Chokshi was appointed as a Director was appointed as a Director on 31 Dec 2013 & has been associated with this company since 11 years 11 months . was completed.

Frequently Asked Questions

  • What is the CIN of Asel Financial Services Limited?

    The CIN of Asel Financial Services Limited is U67110GJ2005PLC045636.

  • Where is Asel Financial Services Limited headquartered?

    Asel Financial Services Limited is headquartered at 1St Floor Kamdhenu Complexopp Sahajand College Nr Panjara Pole Ambawadi, Ahmedabad, Gujarat, 380015.

  • When was Asel Financial Services Limited incorporated?

    Asel Financial Services Limited was incorporated on 04 March 2005.

  • Who are the current directors of Asel Financial Services Limited?

    The current directors of Asel Financial Services Limited are

  • What is the primary industry of Asel Financial Services Limited?

    The primary industry of Asel Financial Services Limited is Financial And Insurance Service.

  • Is Asel Financial Services Limited a listed company?

    Asel Financial Services Limited is unlisted.

  • What is the capital structure of Asel Financial Services Limited?

    The authorized capital of Asel Financial Services Limited is ₹15.00 Cr, and the paid-up capital is ₹7.48 Cr.

  • What is the compliance status of Asel Financial Services Limited?

    The compliance status of Asel Financial Services Limited is Compliant.

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