About Comet Adnet Private Limited
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Comet Adnet Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 06 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2012PTC071429. Its GSTIN is 24AAECC9563B1ZU (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Comet Insurance Web Aggregators Private Limited and Comet Web Aggregators Private Limited. It is led by directors Piyush Aggarwal and Aatit Rohitaskumar Agrawal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B – 702 Mondeal Heights Near Novotel Hotel S.G. Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.09 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹11.1 Lakh and EBITDA of -₹10.85 Lakh.
The company is associated with 1 brand: Insurax. The company has 1 deal on record (1 rights issue); the latest was in May 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website insurax.in.
Company details
Name history
Comet Adnet has undergone 2 name changes throughout its history. The company was previously known as Comet Insurance Web Aggregators Private Limited, and Comet Web Aggregators Private Limited. The current legal name is Comet Adnet Private Limited.
| Company Name | Status |
|---|---|
| Comet Adnet Private Limited | Current |
| Comet Insurance Web Aggregators Private Limited | Previous |
| Comet Web Aggregators Private Limited | Previous |
CIN history
Comet Adnet has one previous CIN (Corporate Identification Number): U72900GJ2012PTC071429. The current CIN is U93000GJ2012PTC071429, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000GJ2012PTC071429 | Current |
| U72900GJ2012PTC071429 | Previous |
Contact details
Comet Adnet Private Limited's registered office is in Ahmedabad, Gujarat. Its website is insurax.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 702 Mondeal Heights Near Novotel Hotel S.G. Highway, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Comet Adnet Private Limited, buy the company report.
- 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
Brands
Comet Adnet operates one associated brand: Insurax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital platform for exploring and managing health, life, and car insurance plans. | insurax.in |
Business activity
The main business activity of Comet Adnet is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Comet Adnet Private Limited, buy the company report.
Financials of Comet Adnet Private Limited
FY 2020 filings availableComet Adnet Private Limited reported revenue of ₹1.09 Lakh (down 96% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.09 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹10.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.1 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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To see the full financial statements and ratios of Comet Adnet Private Limited, buy the company report.
Board of directors of Comet Adnet Private Limited
Comet Adnet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Aggarwal | Director | 06 Aug 2012 | 14 Years 2 Months | Current |
| Aatit Rohitaskumar Agrawal | Director | 06 Aug 2012 | 14 Years 2 Months | Current |
Auditor
Comet Adnet Private Limited is audited by PURUSHOTTAM KHANDELWAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PURUSHOTTAM KHANDELWAL & CO | FY 2020 | 123825W |
Shareholding
The shareholding of Comet Adnet Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Comet Adnet Private Limited, buy the company report.
Deals & funding
Comet Adnet Private Limited has 1 deal on record (1 rights issue); the latest was in May 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Rights issue | ₹8 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Comet Adnet 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 Comet Adnet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Comet Adnet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECC9563B1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Comet Adnet Private Limited, buy the company report.
Recent activity
Comet Adnet Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Aatit Rohitaskumar Agrawal was appointed as Director on 06 Aug 2012.
Frequently asked questions
Comet Adnet is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 06 August 2012 (14+ years old) and is registered under CIN U93000GJ2012PTC071429.
Comet Adnet has 2 current directors:
- Piyush Aggarwal - Director
- Aatit Rohitaskumar Agrawal - Director
The latest financial statements of Comet Adnet on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Comet Adnet is 24AAECC9563B1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Comet Adnet is U93000GJ2012PTC071429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comet Adnet was incorporated on 06 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Comet Adnet has 1 deal on record (1 rights issue); the latest was in May 2014.
Aatit Rohitaskumar Agrawal was appointed as Director on 06 Aug 2012. Piyush Aggarwal was appointed as Director on 06 Aug 2012.
Comet Adnet can be reached through the website insurax.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Comet Adnet is at B – 702 Mondeal Heights Near Novotel Hotel S.G. Highway, Ahmedabad, Gujarat, India – 380015.
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