About Asel Financial Services Limited
Data last updated: 22 December 2025
Asel Financial Services Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 04 March 2005, the company has been in operation for over 21 years.
Registered with ROC Ahmedabad under CIN U67110GJ2005PLC045636.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.48 Cr. Formerly known as Ahmedabad Stock Exchange Limited. It is led by directors including Apurva Hathi and Devangkumar Champaklal Sheth.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1St Floor Kamdhenu Complexopp Sahajand College Nr Panjara Pole Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.64 Cr, a growth of 18% compared to the previous year.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aselfinserve.com.
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Registered Address1St Floor Kamdhenu Complexopp Sahajand College Nr Panjara Pole Ambawadi, Ahmedabad, Gujarat, India – 380015
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IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Asel Financial Services Limited
Asel Financial Services Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Asel Financial Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Asel Financial Services Limited
Asel Financial Services Limited is audited by Manubhai & Shah LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manubhai & Shah LLP | Locked | Locked | Locked |
Complete auditor history for Asel Financial Services Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors and KMP of Asel Financial Services Limited
Asel Financial Services Limited currently reports 3 directors and 1 key managerial person. 31 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Ramanbhai Patel | Cfo | 14 Aug 2014 | 11 Years 11 Months | Current |
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Apurva Hathi
Also directs:
Gccl Construction And Realities Limited, Gujrat Credit Corporation Limited, Rakesh Advertising Private Limited and 2 more
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Director | 26 May 2014 | 12 Years 1 Months | Current |
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Devangkumar Champaklal Sheth
Also directs:
Bhanu Stockbroking Private Limited
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Director | 30 Sep 2022 | 3 Years 9 Months | Current |
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Rameshchandra Natvarlal Chokshi
Also directs:
Acml Capital Markets Limited, Ase Capital Market Development Board
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Director | 31 Dec 2013 | 12 Years 6 Months | Current |
Financials of Asel Financial Services Limited FY 2025 filings available
Asel Financial Services Limited reported revenue of ₹24.64 Cr (up 18.00% YoY) for FY 2025.
Ten-year financial statements for Asel Financial Services Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Asel Financial Services Limited
Shareholding and ownership data for Asel Financial Services Limited
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Group Structure of Asel Financial Services Limited
Asel Financial Services Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Asel Financial Services Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Acml Capital Markets Limited | U67120GJ2000PLC037431 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings Asel Financial Services Limited
Asel Financial Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asel Financial Services Limited
View historical data on people associated with Asel Financial Services Limited, including employment history and EPFO contributions.
Employee and EPFO history for Asel Financial Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Asel Financial Services Limited
GST registrations and filing compliance for Asel Financial Services Limited
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Credit Ratings, Litigation & Regulatory Alerts for Asel Financial Services Limited
Credit ratings, litigation, and regulatory alerts for Asel Financial Services Limited
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- Court and tribunal cases
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MSME Payment Delays by Asel Financial Services Limited
MSME payment history for Asel Financial Services Limited
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Subsidiaries & Group Companies of Asel Financial Services Limited
Corporate group structure for Asel Financial Services Limited
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MCA Filings & Documents of Asel Financial Services Limited
MCA filings and documents for Asel Financial Services Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Asel Financial Services Limited
Frequently Asked Questions about Asel Financial Services Limited
Asel Financial Services Limited is an active public limited company in the financial services sector based in Ahmedabad, Gujarat, India. It was incorporated on 04 March 2005 (21+ years old) and is registered under CIN U67110GJ2005PLC045636.
Asel Financial Services Limited reported revenue of ₹24.64 Cr for FY 2025 (up 18.00% YoY).
The current directors and KMP of Asel Financial Services Limited are:
- Vipul Ramanbhai Patel - Cfo
- Apurva Hathi - Director
- Devangkumar Champaklal Sheth - Director
- Rameshchandra Natvarlal Chokshi - Director
The primary industry of Asel Financial Services Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Asel Financial Services Limited can be reached at the registered office: 1St Floor Kamdhenu Complexopp Sahajand College Nr Panjara Pole Ambawadi, Ahmedabad, Gujarat, India – 380015, or through the website aselfinserve.com.
The authorised capital is ₹15 Cr, and the paid-up capital is ₹7.48 Cr.