Evolve Accounting Systems Private Limited - Company Profile

It is a business outsourcing private limited company based in Mumbai, Maharashtra, India, established in 2010.
2010 Mumbai, Maharashtra, India Active
Last Updated:
Access Report
About Evolve Accounting Systems Private Limited

Evolve Accounting Systems Private Limited, a active private limited company, was established on 15 January 2010 in Mumbai, Maharashtra, India. Engaging in accounting and financial analysis within the professional, scientific and technical sector, it holds CIN: U74140MH2010PTC198961. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Laxmi Amit Manjrekar (Director), Ajay Anil Dhruva (Director), Kamal Mohan Khatri (Director). Past directors included Maganlal Laljibhai Gajera, Amol Maganlal Gajera. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3Rd Floor, B Wing,Interface Building No.16 Mindspace, Link Road, Malad West, Mumbai, Maharashtra, 400064.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74140MH2010PTC198961

  • Registration Number

    198961

  • Incorporation Date

    15 January 2010

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -45.72%
  • Profit Growth **** -59.78%
  • Ebitda **** -78.91%
  • Net Worth 16.72%
  • Total Assets -12.28%
Company report

Evolve Accounting Systems Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Evolve Accounting Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Evolve Accounting Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Laxmi Amit Manjrekar Director 28 Oct 2016 Current
Ajay Anil Dhruva Director 15 May 2019 Current
Kamal Mohan Khatri Director 20 Aug 2013 Current
Sanket Jaya Shetty Director 15 May 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Oct 2016 Past
Pramod Abcsdd Director 20 Aug 2014 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Evolve Accounting Systems.

Evolve Accounting Systems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 45.72% decrease. The company also saw a substantial fall in profitability, with a 59.78% decrease in profit. The company's net worth Soared by an impressive increase of 16.72%.

Evolve Accounting Systems revenue growth over time
Evolve Accounting Systems 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
********
 -45.72%
*******
*******
*******
*******
Revenue from Operations
*******
 -44.44%
*******
*******
*******
*******
Total Assets
*******
 -12.28%
*******
*******
*******
*******
Profit or Loss
*******
 -59.78%
*******
*******
*******
*******
Net Worth
*******
 16.72%
*******
*******
*******
*******
EBITDA
*******
 -78.91%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Evolve Accounting Systems?

In 2023, Evolve Accounting Systems had a public holding of 100.00%. 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

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Evolve Accounting Systems?

Unlock and access historical data on people associated with Evolve Accounting Systems, 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 Evolve Accounting Systems, 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 Evolve Accounting Systems'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Evolve Accounting Systems
Recent Activity within the Organization
  • Annual General Meeting

    Evolve Accounting Systems 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

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

  • Director Appointment

    Ajay Anil Dhruva was appointed as a Director was appointed as a Director on 15 May 2019 & has been associated with this company since 7 years 9 days . was recorded as a recent event.

  • Director Appointment

    The activity Sanket Jaya Shetty was appointed as a Director was appointed as a Director on 15 May 2019 & has been associated with this company since 7 years 9 days . was completed.

  • Director Appointment

    Progress on Laxmi Amit Manjrekar was appointed as a Director was appointed as a Director on 28 Oct 2016 & has been associated with this company since 9 years 6 months . was documented.

  • Director Appointment

    The activity Kamal Mohan Khatri was appointed as a Director was appointed as a Director on 20 Aug 2013 & has been associated with this company since 12 years 9 months . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Evolve Accounting Systems Private Limited?

The CIN of Evolve Accounting Systems Private Limited is U74140MH2010PTC198961.

Where is Evolve Accounting Systems Private Limited headquartered?

Evolve Accounting Systems Private Limited is headquartered at 3Rd Floor, B Wing,Interface Building No.16 Mindspace, Link Road, Malad West, Mumbai, Maharashtra, 400064.

When was Evolve Accounting Systems Private Limited incorporated?

Evolve Accounting Systems Private Limited was incorporated on 15 January 2010.

Who are the current directors of Evolve Accounting Systems Private Limited?

The current directors of Evolve Accounting Systems Private Limited are

What is the primary industry of Evolve Accounting Systems Private Limited?

The primary industry of Evolve Accounting Systems Private Limited is Professional, Scientific And Technical.

Is Evolve Accounting Systems Private Limited a listed company?

Evolve Accounting Systems Private Limited is unlisted.

What is the capital structure of Evolve Accounting Systems Private Limited?

The authorized capital of Evolve Accounting Systems Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Evolve Accounting Systems Private Limited?

The compliance status of Evolve Accounting Systems Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available