Assetfinx Technologies Private Limited
About Assetfinx Technologies Private Limited
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Assetfinx Technologies Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC138406.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Parvatharajan Selvaprakash and Thangapandi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Madurai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.24 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹66,052 (net margin 10.6%) and EBITDA of ₹88,979 (EBITDA margin 14.3%).
Company details
Contact details
Assetfinx Technologies Private Limited's registered office is in Madurai, Tamil Nadu.
- Registered Address22 Astalakshmi Nagar Opp Seethalskshmimills Gate Stop Thirun, Agar, Madurai, Tamil Nadu, India – 625006
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Assetfinx Technologies 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 Assetfinx Technologies Private Limited, buy the company report.
Financials of Assetfinx Technologies Private Limited
FY 2024 filings availableAssetfinx Technologies Private Limited reported revenue of ₹6.24 Lakh (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA rose 224% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹88,979 | |||
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| Net Profit (PAT) | ₹66,052 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 14.3% | |||
| Net Profit Margin | 10.6% | |||
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To see the full financial statements and ratios of Assetfinx Technologies Private Limited, buy the company report.
Board of directors of Assetfinx Technologies Private Limited
Assetfinx Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parvatharajan Selvaprakash | Director | 02 Oct 2023 | 3 Years 0 Months | Current |
| Muthaiah Duraipandi Also directs: Osiz Technologies Private Limited | Additional Director | 04 Aug 2022 | 4 Years 2 Months | Current |
| Thangapandi Also directs: Dhev Cars Private Limited, Neural Design & Constructions Private Limited, Dhev Cinemas Private Limited and 1 more | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Assetfinx Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asc Technical Services Private Limited | ₹6.25 Lakh (FY 2025) | 2055.0% | Delhi, India | |||
| Mednextdoor India Private Limited | ₹6.25 Lakh (FY 2023) | 1983.0% | Hyderabad, Telangana, India | |||
| Cassendro Software Solutions Private Limited | ₹6.25 Lakh (FY 2022) | 5.0% | Hyderabad, Telangana, India | |||
| Shashank Internet Technologies Private Limited | ₹6.25 Lakh (FY 2019) | 25.0% | New Delhi, Delhi, India | |||
| Forsyth Digital Services Private Limited | ₹6.25 Lakh (FY 2018) | -1.0% | Thane, Maharashtra, India | |||
| Assetfinx Technologies Private Limitedthis company | ₹6.24 Lakh (FY 2024) | ₹66,052 | 10.6% | 18.0% | Madurai, Tamil Nadu, India | |
| Kerala Fibre Optic Network Limited | ₹6.24 Lakh (FY 2021) | 767.0% | Thiruvananthapuram, Kerala, India | |||
| Digidevils Marketing Private Limited | ₹6.24 Lakh (FY 2021) | 154.0% | New Delhi, Delhi, India | |||
| Infogravity Solutions Private Limited | ₹6.24 Lakh (FY 2024) | -57.0% | Indore, Madhya Pradesh, India | |||
| Multitech Bulls Software Technologies Private Limited | ₹6.23 Lakh (FY 2024) | 3.0% | Sri Ganganagar, Rajasthan, India | |||
| Hunt Wellington Consultants Private Limited | ₹6.23 Lakh (FY 2021) | -82.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Assetfinx Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Assetfinx Technologies 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 Assetfinx Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Assetfinx Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Assetfinx Technologies Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Parvatharajan Selvaprakash was appointed as Director on 02 Oct 2023.
Frequently asked questions
Assetfinx Technologies is an active private limited company based in Madurai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 October 2020 (6+ years old) and is registered under CIN U72900TN2020PTC138406.
Assetfinx Technologies has 3 current directors:
- Parvatharajan Selvaprakash - Director
- Muthaiah Duraipandi - Additional Director
- Thangapandi - Director
The latest financial statements of Assetfinx Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Assetfinx Technologies is U72900TN2020PTC138406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assetfinx Technologies was incorporated on 05 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Assetfinx Technologies by revenue are Asc Technical Services Private Limited, Mednextdoor India Private Limited, Cassendro Software Solutions Private Limited, Shashank Internet Technologies Private Limited, Forsyth Digital Services Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Parvatharajan Selvaprakash was appointed as Director on 02 Oct 2023. Kamalakannan Natesan ceased to be Director on 04 Aug 2022. Muthaiah Duraipandi was appointed as Additional Director on 04 Aug 2022. Assetfinx Technologies has 4 board changes on record in total.
The registered office of Assetfinx Technologies is at 22 Astalakshmi Nagar Opp Seethalskshmimills Gate Stop Thirun, Agar, Madurai, Tamil Nadu, India – 625006.
Assetfinx Technologies operates in the information technology industry, in the IT consulting and support services segment.
Assetfinx Technologies can be reached at its registered office: 22 Astalakshmi Nagar Opp Seethalskshmimills Gate Stop Thirun, Agar, Madurai, Tamil Nadu, India – 625006.
Assetfinx Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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