DPIIT recognised startup Government of India
Startup India
Erudite Assets Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹88.02 Lakh
▼ 11% YoY
Net profit · FY 2025
₹1.32 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹13.67 Lakh
EBITDA margin 15.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.08 Lakh
Issued & subscribed
Open charges
₹48.65 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
About Erudite Assets Private Limited
Data last updated:
Erudite Assets Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2017PTC293058. Its GSTIN is 27AAECE5855E1ZL (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.08 Lakh. It is led by directors including Nilesh Bhupendra Parekh and Kumar Sanjeet.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor Prudential Building Prudential IT Park Central Avenue, Powai Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.02 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 1.5%) and EBITDA of ₹13.67 Lakh (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹48.65 Lakh on record.
Erudite Assets Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0035654). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eruditeassets.com.
Company details
CIN U93090MH2017PTC293058
Registration Number 293058
Incorporation Date 27 March 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0035654
Recognitions & Rankings of Erudite Assets
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0035654
Contact details
Erudite Assets Private Limited's registered office is in Mumbai, Maharashtra. Its website is eruditeassets.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3rd Floor Prudential Building Prudential IT Park Central Avenue, Powai Mumbai, Maharashtra, India – 400076
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Erudite Assets Private Limited, buy the company report.
Comprehensive company report
Erudite Assets Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Erudite Assets is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Erudite Assets Private Limited, buy the company report.
Financials of Erudite Assets Private Limited
FY 2025 filings availableErudite Assets Private Limited reported revenue of ₹88.02 Lakh (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹88.02 Lakh ▼ 11%
Net profit · FY 2025
₹1.32 Lakh margin 1.5%
EBITDA · FY 2025
₹13.67 Lakh margin 15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 17%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 13%
5 years · compounded
▲ 30%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.32 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Erudite Assets Private Limited, buy the company report.
Board of directors of Erudite Assets Private Limited
Erudite Assets has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Bhupendra Parekh Also directs: Finprovise Private Limited | Director | 20 Nov 2020 | 5 Years 11 Months | Current |
| Kumar Sanjeet Also directs: Enquest Corporate Services LLP | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
| Mansi Kothari | Director | 14 Apr 2017 | 9 Years 6 Months | Current |
| Kapil Kumar Jha | Director | 27 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Erudite Assets Private Limited is audited by N B T AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N B T AND CO | FY 2023 | 140489W |
Shareholding
The shareholding of Erudite Assets Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Erudite Assets Private Limited, buy the company report.
Charges & borrowings
Open charges
₹48.65 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2022 | 100579840 | Hdfc Bank Limited | ₹48.65 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Erudite Assets 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 Erudite Assets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Erudite Assets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE5855E1ZL | Maharashtra | Active | 17 Sep 2019 |
To see the full GST registrations and return filing status of Erudite Assets Private Limited, buy the company report.
Recent activity
Erudite Assets Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Nilesh Bhupendra Parekh was appointed as Director on 20 Nov 2020.
AGM
Erudite Assets Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Erudite Assets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 48.65 Lakh with Charge ID 100579840 was registered on 18 May 2022.
Appointed
Nilesh Bhupendra Parekh was appointed as Director.
Appointed
Kumar Sanjeet was appointed as Director.
Ceased
Neha Jain ceased to be Director.
Appointed
Mansi Kothari was appointed as Director.
Appointed
Kapil Kumar Jha was appointed as Director.
Incorporation
27 Mar 2017
Erudite Assets Private Limited was registered on 27 Mar 2017 with Roc Mumbai I & aged 9 years 7 months as per MCA records.
Frequently asked questions
Erudite Assets is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 March 2017 (9+ years old) and is registered under CIN U93090MH2017PTC293058.
Erudite Assets has 4 current directors:
- Nilesh Bhupendra Parekh - Director
- Kumar Sanjeet - Director
- Mansi Kothari - Director
- Kapil Kumar Jha - Director
The latest financial statements of Erudite Assets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Erudite Assets is 27AAECE5855E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Erudite Assets is U93090MH2017PTC293058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erudite Assets was incorporated on 27 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Nilesh Bhupendra Parekh was appointed as Director on 20 Nov 2020. Kumar Sanjeet was appointed as Director on 29 Aug 2020. Neha Jain ceased to be Director on 18 Apr 2017. Erudite Assets has 5 board changes on record in total.
Yes, Erudite Assets is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Erudite Assets is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0035654).
Erudite Assets can be reached through the website eruditeassets.com. Its registered office is in Mumbai, Maharashtra, India.