Erudite Assets Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2017.
2017 Mumbai, Maharashtra, India Active
Last Updated:
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About Erudite Assets Private Limited

Erudite Assets Private Limited, a active private limited company, was established on 27 March 2017 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U93090MH2017PTC293058. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.11 M.

It upholds a compliant status. Its leadership includes Nilesh Bhupendra Parekh (Director), Kumar Sanjeet (Director), Mansi Kothari (Director). Past directors included Neha Jain. It holds ₹4.87 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3Rd Floor, Prudential Building, Prudential It Park, Central Avenue,, Powai, Mumbai, Mumbai, Maharashtra, 400076.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U93090MH2017PTC293058

  • Registration Number

    293058

  • Incorporation Date

    27 March 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.11 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.87 M
  • Revenue Growth **** -53.89%
  • Profit Growth **** -210.52%
  • Ebitda **** -139.17%
  • Net Worth -92.57%
  • Total Assets **** 38.88%
Company report

Erudite Assets Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Erudite Assets 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 Erudite Assets Private Limited?
Current Directors
Name Designation Appointment Date Status
Nilesh Bhupendra Parekh Director 20 Nov 2020 Current
Kumar Sanjeet Director 29 Aug 2020 Current
Mansi Kothari Director 14 Apr 2017 Current
Kapil Kumar Jha Director 27 Mar 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Apr 2017 Past

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Financial Performance of Erudite Assets.

Erudite Assets Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.89% decrease. The company also saw a substantial fall in profitability, with a 210.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 92.57%.

Erudite Assets revenue growth over time
Erudite Assets profit and loss trends over time
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
  • 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
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 -53.89%
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*******
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Revenue from Operations
*******
 -54.81%
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*******
*******
Total Assets
*******
 38.88%
*******
*******
*******
*******
Profit or Loss
*******
 -210.52%
*******
*******
*******
*******
Net Worth
*******
 -92.57%
*******
*******
*******
*******
EBITDA
*******
 -139.17%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Erudite Assets?

In 2023, Erudite Assets had a promoter holding of 92.59% and a public holding of 7.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹4,865,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.49 Cr
Latest Charge Details
Date Lender Amount Status
18 May 2022 Hdfc Bank Limited ₹4.87 M Open

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How Many Employees Work at Erudite Assets?

Unlock and access historical data on people associated with Erudite Assets, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Erudite Assets, 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 Erudite Assets's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Erudite Assets
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Erudite Assets Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Erudite Assets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 4.87 M with Charge ID 100579840 was registered on 18 May 2022. was documented.

  • Director Appointment

    Progress on Nilesh Bhupendra Parekh was appointed as a Director was appointed as a Director on 20 Nov 2020 & has been associated with this company since 5 years 2 months . was documented.

  • Director Appointment

    Progress on Kumar Sanjeet was appointed as a Director was appointed as a Director on 29 Aug 2020 & has been associated with this company since 5 years 5 months . was documented.

  • Director Appointment

    The activity Mansi Kothari was appointed as a Director was appointed as a Director on 14 Apr 2017 & has been associated with this company since 8 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of Erudite Assets Private Limited?

The CIN of Erudite Assets Private Limited is U93090MH2017PTC293058.

Where is Erudite Assets Private Limited headquartered?

Erudite Assets Private Limited is headquartered at 3Rd Floor, Prudential Building, Prudential It Park, Central Avenue,, Powai, Mumbai, Mumbai, Maharashtra, 400076.

When was Erudite Assets Private Limited incorporated?

Erudite Assets Private Limited was incorporated on 27 March 2017.

Who are the current directors of Erudite Assets Private Limited?

The current directors of Erudite Assets Private Limited are

What is the primary industry of Erudite Assets Private Limited?

The primary industry of Erudite Assets Private Limited is Financial And Insurance Service.

Is Erudite Assets Private Limited a listed company?

Erudite Assets Private Limited is unlisted.

What is the capital structure of Erudite Assets Private Limited?

The authorized capital of Erudite Assets Private Limited is ₹1.00 M, and the paid-up capital is ₹0.11 M.

What is the compliance status of Erudite Assets Private Limited?

The compliance status of Erudite Assets Private Limited is Compliant.

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