Assurance Future Ventures Private Limited
About Assurance Future Ventures Private Limited
Data last updated:
Assurance Future Ventures Private Limited is a private limited company based in Mulund West, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2014PTC257573. Its GSTIN is 27AAACZ7817M1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Eitopper Edutech Private Limited and 18Flats.Com Property Portal Private Limited. It is led by directors Manish Acharya and Manisha Acharya.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mulund West, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.59 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹27.33 Lakh (net margin 6%) and EBITDA of ₹35.24 Lakh (EBITDA margin 7.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressF – 101 First Floor Colorscape Shopping Mall D Upadhyay Marg Off Lbs Marg Near Ch, Ecknaka, Mulund West, Maharashtra, India – 400080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Name History of Assurance Future Ventures Private Limited
Assurance Future Ventures has undergone 4 name changes throughout its history. The current legal name is Assurance Future Ventures Private Limited.
| Company Name | Status |
|---|---|
| Assurance Future Ventures Private Limited | Current |
| Eitopper Edutech Private Limited | Previous |
| 18Flats.Com Property Portal Private Limited | Previous |
| Ace Future Global Ventures Private Limited | Previous |
| Ace Future Ventures Private Limited | Previous |
CIN History of Assurance Future Ventures Private Limited
Assurance Future Ventures has one previous CIN (Corporate Identification Number): U70106MH2014PTC257573. The current CIN is U74110MH2014PTC257573, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2014PTC257573 | Current |
| U70106MH2014PTC257573 | Previous |
Business Activity of Assurance Future Ventures Private Limited
The main business activity of Assurance Future Ventures is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Assurance Future Ventures Private Limited
Assurance Future Ventures Private Limited is audited by B C P JAIN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B C P JAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Assurance Future Ventures Private Limited
Assurance Future Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Acharya | Director | 26 Aug 2014 | 12 Years 1 Months | Current |
| Manisha Acharya | Director | 26 Aug 2014 | 12 Years 1 Months | Current |
Financials of Assurance Future Ventures Private Limited FY 2019 filings available
Assurance Future Ventures Private Limited reported revenue of ₹4.59 Cr (up 23% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Assurance Future Ventures Private Limited
Revenue rose 23% in the latest year. EBITDA rose 319% 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 of Assurance Future Ventures Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.59 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹35.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.33 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Assurance Future Ventures Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Assurance Future Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Assurance Future Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Assurance Future Ventures Private Limited
Assurance Future Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Assurance Future Ventures Private Limited
Employment history and EPFO contributions of people linked to Assurance Future Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Assurance Future Ventures Private Limited
Assurance Future Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ7817M1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Assurance Future Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Assurance Future Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Assurance Future Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Assurance Future Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Assurance Future Ventures Private Limited
Frequently Asked Questions about Assurance Future Ventures Private Limited
Assurance Future Ventures is an active private limited company based in Mulund West, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 August 2014 (12+ years old) and is registered under CIN U74110MH2014PTC257573.
Assurance Future Ventures reported revenue of ₹4.59 Cr for FY 2019 (up 23% YoY).
Assurance Future Ventures has 2 current directors:
- Manish Acharya - Director
- Manisha Acharya - Director
Assurance Future Ventures reported a net profit of ₹27.33 Lakh (net margin 6%) and EBITDA of ₹35.24 Lakh (EBITDA margin 7.7%) for FY 2019, as per its filed financial statements.
The GSTIN of Assurance Future Ventures is 27AAACZ7817M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Assurance Future Ventures is U74110MH2014PTC257573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assurance Future Ventures was incorporated on 26 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Assurance Future Ventures is at F – 101 First Floor Colorscape Shopping Mall D Upadhyay Marg Off Lbs Marg Near Ch, Ecknaka, Mulund West, Maharashtra, India – 400080.
Assurance Future Ventures has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.