Evolute Fintech Innovations Private Limited Company Logo

Evolute Fintech Innovations Private Limited - Company Profile

It is a information technology private limited company based in Kandivali East, Maharashtra, India, established in 2009.

2009 | Kandivali East, Maharashtra, India | Active
Last Updated:

About Evolute Fintech Innovations Private Limited

Evolute Fintech Innovations Private Limited, a active private limited company, was established on 26 May 2009 in Kandivali East, Maharashtra, India. Engaging in electronic components & equipment manufacturing within the manufacturing sector, it holds CIN: U30006MH2009PTC192706. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7.50 Cr and a paid-up capital of ₹2.37 Cr.

Formerly known as Evolute Systems Private Limited. It upholds a compliant status. Employing 88 professional, Its leadership includes Parag Kirit Mehta (Director), Paras Kirit Mehta (Director). Past directors included Amit Rameshchandra Mehta, Ushma Parag Mehta, Paras Kirit Mehta. It holds ₹10.00 Cr open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No 801, 8Th Floor, Grande Edifice,, Akurli Village, Akurli Road,, Kandivali East, Maharashtra, 400101.

Company Details

  • CIN/LLPIN

    U30006MH2009PTC192706

  • Registration Number

    192706

  • Incorporation Date

    26 May 2009

  • Authorized Capital

    ₹7.50 Cr

  • Paid-Up Capital

    ₹2.37 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 2.37 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth -19.75%
  • Profit Growth -22.90%
  • Ebitda -41.20%
  • Net Worth 9.50%
  • Total Assets 7.16%
Company report

Evolute Fintech Innovations Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Evolute Fintech Innovations 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 Evolute Fintech Innovations Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Parag Kirit MehtaDirector26 May 2009Current
Paras Kirit MehtaDirector19 Dec 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector27 Feb 2013Past
Pramod AbcsddDirector04 Apr 2017Past
Pramod AbcsddAdditional Director30 Sep 2014Past
Pramod AbcsddDirector30 Sep 2015Past

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Financial Performance of Evolute Fintech Innovations.

Evolute Fintech Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.75% decrease. The company also saw a substantial fall in profitability, with a 22.9% decrease in profit. The company's net worth moved up by a moderate rise of 9.5%.

Evolute Fintech Innovations revenue growth over time
Evolute Fintech Innovations profit and loss trends over time
  • 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
-19.75%
Revenue from Operations
-23.14%
Total Assets
7.16%
Profit or Loss
-22.90%
Net Worth
9.50%
EBITDA
-41.20%

What is the Ownership and Shareholding Structure of Evolute Fintech Innovations?

In 2023, Evolute Fintech Innovations had a promoter holding of 95.59% and a public holding of 4.41%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹100,000,000.00

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2025Others₹10.00 CrOpen
29 Aug 2011Bank Of India₹5.00 CrSatisfied

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How Many Employees Work at Evolute Fintech Innovations?

Evolute Fintech Innovations has a workforce of 88 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Evolute Fintech Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Evolute Fintech Innovations, 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 Evolute Fintech Innovations'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.

Latest Updates, News, and FAQs on Evolute Fintech Innovations

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101055047 was registered on 11 Feb 2025. was documented.

  • Annual General Meeting

    Evolute Fintech Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Evolute Fintech Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    The activity A charge registered on 29 Aug 2011 via Charge ID 10310623 with Bank Of India was fully satisfied on 05 Dec 2018. was completed.

  • Director Appointment

    The activity Paras Kirit Mehta was appointed as a Director was appointed as a Director on 19 Dec 2012 & has been associated with this company since 13 years 9 days . was completed.

  • Charges

    The activity A charge with Bank Of India amounted to Rs. 5.00 Cr with Charge ID 10310623 was registered on 29 Aug 2011. was completed.

Frequently Asked Questions

  • What is the CIN of Evolute Fintech Innovations Private Limited?

    The CIN of Evolute Fintech Innovations Private Limited is U30006MH2009PTC192706.

  • Where is Evolute Fintech Innovations Private Limited headquartered?

    Evolute Fintech Innovations Private Limited is headquartered at Office No 801, 8Th Floor, Grande Edifice,, Akurli Village, Akurli Road,, Kandivali East, Maharashtra, 400101.

  • When was Evolute Fintech Innovations Private Limited incorporated?

    Evolute Fintech Innovations Private Limited was incorporated on 26 May 2009.

  • Who are the current directors of Evolute Fintech Innovations Private Limited?

    The current directors of Evolute Fintech Innovations Private Limited are

  • What is the primary industry of Evolute Fintech Innovations Private Limited?

    The primary industry of Evolute Fintech Innovations Private Limited is Manufacturing.

  • Is Evolute Fintech Innovations Private Limited a listed company?

    Evolute Fintech Innovations Private Limited is unlisted.

  • What is the capital structure of Evolute Fintech Innovations Private Limited?

    The authorized capital of Evolute Fintech Innovations Private Limited is ₹7.50 Cr, and the paid-up capital is ₹2.37 Cr.

  • What is the compliance status of Evolute Fintech Innovations Private Limited?

    The compliance status of Evolute Fintech Innovations Private Limited is Compliant.

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