Associate Holdings Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1994.

1994 Mumbai, Maharashtra, India Active

Last Updated: January 08, 2026

About Associate Holdings Private Limited

Associate Holdings Private Limited, a active private limited company, was established on 19 July 1994 in Mumbai, Maharashtra, India. Engaging in financial holding companies within the financial services sector, it holds CIN: U65990MH1994PTC079715. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a active non-compliant status. Its leadership includes Mohamed Farouk Suleman Darvesh (Director), Srichand Satramdas Agicha (Director), Ebrahim Suleman Darvesh (Director). Past directors included Usman Suleman Darvesh, Ashok Sunderdas Agicha. It holds ₹21.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at 85-A Sant Savta Margmustafa Bazar, Mumbai, Maharashtra, 400010.

Company Details

CIN/LLPIN
U65990MH1994PTC079715
Registration Number
079715
Incorporation Date
19 July 1994
Authorized Capital
₹1.00 M
Paid-Up Capital
₹1.00 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 08-01-2026
Paid Up Capital ₹ 1.00 M as on 08-01-2026
Company Age 31 Year, 6 Months
Last Filing with ROC 31 Mar 2016
Open Charges ₹ 21.00 Cr as on 08-01-2026
Revenue Growth **** -95.72% (FY 2015)
Profit Growth **** -84.64% (FY 2015)
Ebitda **** -149.50% (FY 2015)
Net Worth -234.74% (FY 2015)
Total Assets **** 4.91% (FY 2015)

Comprehensive Company Insights

Explore comprehensive insights into Associate Holdings 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 Associate Holdings Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mohamed Farouk Suleman Darvesh	Director	19 Jul 1994	Current
Srichand Satramdas Agicha	Director	08 Aug 1994	Current
Ebrahim Suleman Darvesh	Director	08 Aug 1994	Current
Manoharlal Satramdas Agicha	Director	19 Jul 1994	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	03 Dec 2007	Past
Pramod Abcsdd	Director	10 Apr 2016	Past

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Financial Performance of Associate Holdings.

Associate Holdings Private Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 95.72% decrease. The company also saw a substantial fall in profitability, with a 84.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 234.74%.

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

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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

********

-95.72%

*******

Revenue from Operations

*******

Total Assets

*******

4.91%

*******

Profit or Loss

*******

-84.64%

*******

Net Worth

*******

-234.74%

*******

EBITDA

*******

-149.50%

*******

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What is the Ownership and Shareholding Structure of Associate Holdings?

In 2015, Associate Holdings had a promoter holding of 37.25% and a public holding of 62.75%. 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)

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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Charges (Loans)

Open Charges

₹210,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Central Bank Of India : 21.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Feb 2013	Central Bank Of India	₹21.00 Cr	Open

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How Many Employees Work at Associate Holdings?

Unlock and access historical data on people associated with Associate Holdings, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Associate Holdings, 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 Associate Holdings's trajectory.

Rating

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

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 Associate Holdings

Recent Activity within the Organization

Annual General Meeting

Associate Holdings Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was recorded as a recent event.
30 Sep 2016
Balance Sheet

The activity Associate Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai. was completed.
31 Mar 2016
Charges

The activity A charge with Central Bank Of India amounted to Rs. 210.00 M with Charge ID 10409820 was registered on 07 Feb 2013. was completed.
07 Feb 2013
Director Appointment

The activity Srichand Satramdas Agicha was appointed as a Director was appointed as a Director on 08 Aug 1994 & has been associated with this company since 31 years 6 months . was completed.
08 Aug 1994
Director Appointment

Ebrahim Suleman Darvesh was appointed as a Director was appointed as a Director on 08 Aug 1994 & has been associated with this company since 31 years 6 months . was recorded as a recent event.
08 Aug 1994
Director Appointment

Mohamed Farouk Suleman Darvesh was appointed as a Director was appointed as a Director on 19 Jul 1994 & has been associated with this company since 31 years 6 months . was recorded as a recent event.
19 Jul 1994

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Frequently Asked Questions

What is the CIN of Associate Holdings Private Limited?

The CIN of Associate Holdings Private Limited is U65990MH1994PTC079715.

Where is Associate Holdings Private Limited headquartered?

Associate Holdings Private Limited is headquartered at 85-A Sant Savta Margmustafa Bazar, Mumbai, Maharashtra, 400010.

When was Associate Holdings Private Limited incorporated?

Associate Holdings Private Limited was incorporated on 19 July 1994.

Who are the current directors of Associate Holdings Private Limited?

The current directors of Associate Holdings Private Limited are

What is the primary industry of Associate Holdings Private Limited?

The primary industry of Associate Holdings Private Limited is Financial Services.

Is Associate Holdings Private Limited a listed company?

Associate Holdings Private Limited is unlisted.

What is the capital structure of Associate Holdings Private Limited?

The authorized capital of Associate Holdings Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Associate Holdings Private Limited?

The compliance status of Associate Holdings Private Limited is Active Non-Compliant.

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