About Serment
Serment is a Business Services company founded in 2017. Financial services, accounting, and tax consultancy in India. It operates in the Business Services and Financial Services sectors. Its Indian entity Serment Corporate Services Private Limited reported revenue of ₹1.28 Cr. Serment offers products and services including Accounting Services and Tax Consultancy. Its focus areas include Accounting and Tax, Tax Consultancy, Business Advisory and Consulting.
Company details
Serment Corporate Services Private Limited is known for delivering accounting, bookkeeping, and tax consultancy services that are tailored to business needs. These services are designed to support financial growth through precise management and advisory in areas like loan and staff services. The companys resources, including calculators and bulletins on various laws, are utilized to ensure compliance and efficiency. Operations are based in Hyderabad, Telangana, with a focus on technology-driven solutions for financial stability.
- SectorsBusiness ServicesFinancial Services
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- Website sermentcorp.com
- Legal Name Serment Corporate Services Private Limited
- Date of Incorporation 06 Sep, 2017
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹1.28 Cr
FY 2024 · +82% YoY
- Indian entity net profit₹6 Lakh
FY 2024 · 5% margin
- Indian entity EBITDA₹11.1 Lakh
FY 2024 · 9% margin
Associated legal entities of Serment
Serment operates through Serment Corporate Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Serment Corporate Services Private Limited CIN U74999TG2017PTC119355 | Active | 06 Sep 2017 | Hyderabad, Telangana | ₹1.3 Cr | 3 | View details |
Products & Services of Serment
Serment offers a comprehensive portfolio of products and services, including Accounting Services and Tax Consultancy.
Accounting services are provided to maintain financial records and ensure accuracy in bookkeeping.
Tax consultancy services are offered to assist with planning and compliance in various tax matters.
Board of directors of Serment Corporate Services Private Limited (Serment)
Serment Corporate Services Private Limited is the primary company behind Serment. The board of Serment Corporate Services Private Limited currently have 3 directors; the longest-serving is Srinath Chandanala, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinath Chandanala DIN 07923934 | Director | 06 Sep 2017 | 9 yrs 2 mo | Serment Corporate Services Private Limited |
| Umarani Chandanala DIN 09122772 | Director | 24 Mar 2021 | 5 yrs 7 mo | Serment Corporate Services Private Limited |
| Rajitha Chilakamari DIN 10078609 | Director | 31 Mar 2023 | 3 yrs 7 mo | Serment Corporate Services Private Limited |
Financials of Serment
Figures of Serment Corporate Services Private Limited, the primary company behind Serment, for FY 2024. Revenue was ₹1.28 Cr (+82% year on year). Net profit was ₹6 Lakh (5% margin). EBITDA was ₹11.1 Lakh (9% margin). Revenue has grown at a compounded annual rate of +101% over three years and +56% over five years.
- ₹1.28 CrRevenue · FY 2024 · +82% YoY
- ₹6 LakhNet profit · 5% margin
- ₹11.1 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- +101%Revenue CAGR, 3 years
- +56%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Serment Corporate Services Private Limited are on its company page.
Detailed financial statements for Serment
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- Statement rows
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Frequently Asked Questions about Serment
Serment was founded in 2017.
The primary company behind Serment, Serment Corporate Services Private Limited, reported revenue of ₹1.28 Cr for FY 2024, up 82% year on year.
Serment Corporate Services Private Limited is known for delivering accounting, bookkeeping, and tax consultancy services that are tailored to business needs. These services are designed to support financial growth through precise management and advisory in areas like loan and staff services. The companys resources, including calculators and bulletins on various laws, are utilized to ensure compliance and efficiency. Operations are based in Hyderabad, Telangana, with a focus on technology-driven solutions for financial stability.
Serment offers Accounting Services and Tax Consultancy.
Serment operates through Serment Corporate Services Private Limited.
The legal entities of Serment currently have 3 directors, including Umarani Chandanala, Srinath Chandanala, Rajitha Chilakamari.