About Netzero Finance Private Limited
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Netzero Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Aerem Solutions Private Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 19 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2019PTC329440. Its GSTIN is 27AASCA6341D1ZM (Maharashtra).
The company has an authorised share capital of ₹3.46 Cr and a paid-up capital of ₹3.42 Cr. It was formerly known as Aerem Finance Private Limited. It is led by directors including Anand Rajkumar Jain and Sathyan David.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹28.86 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 4.5%) and EBITDA of ₹16.05 Cr (EBITDA margin 55.6%). Revenue has grown at a compounded annual rate (CAGR) of 241% over three years and 196% over five years.
The company is associated with 1 brand: Aerem. As per MCA filings, the company has open charges of ₹199 Cr on record. Court records list 20 cases involving the company, including 17 filed by the company; 15 cases are pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in March 2022. Its 10 peer companies in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Gream Traders & Exporters Pvt Ltd with revenue of ₹13.47 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aeremfin.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressR City Offices 8th Floor, Lbs Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Netzero Finance Private Limited
The main business activity of Netzero Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Netzero Finance Private Limited FY 2025 filings available
Netzero Finance Private Limited reported revenue of ₹28.86 Cr (up 115% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Netzero Finance Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 196% over five years, including 115% growth in the latest year. EBITDA rose 105% 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 of Netzero Finance Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹16.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.29 Cr | •••• | •••• | •••• | •••• |
| 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 of Netzero Finance Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Netzero Finance are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Netzero Finance Private Limited
Netzero Finance Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netzero Finance Private Limited this company | ₹28.86 Cr (FY 2026) | •••• | •••• | 115.0% | •••• | Mumbai, Maharashtra, India |
| Gream Traders & Exporters Pvt Ltd | ₹13.47 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Upswing Financial Technologies Private Limited | ₹13.46 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Mumbai, Maharashtra, India |
| Charak Ayurmedica Pvt.Ltd. | ₹13.45 Cr (FY 2025) | •••• | •••• | 424.0% | •••• | Kolkata, West Bengal, India |
| Jet(India) Pvt Ltd | ₹13.43 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Spider Software Private Limited | ₹13.43 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Jayapriya Capital Private Limited | ₹13.42 Cr (FY 2025) | •••• | •••• | 187.0% | •••• | Panruti, Tamil Nadu, India |
| Kaizen Capital Services Private Limited | ₹13.41 Cr (FY 2024) | •••• | •••• | 89.0% | •••• | Delhi, India |
| Akriti Finance Private Limited | ₹13.4 Cr (FY 2025) | •••• | •••• | -68.0% | •••• | Kolkata, West Bengal, India |
| Brahma Dev Holding and Trading Limited | ₹13.38 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
| Paridhi Finvest Private Limited | ₹13.37 Cr (FY 2025) | •••• | •••• | 450.0% | •••• | West Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Netzero Finance by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Netzero Finance Private Limited
Netzero Finance Private Limited is audited by A V P R & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A V P R & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Netzero Finance Private Limited
Netzero Finance has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Rajkumar Jain | Director | 19 Aug 2019 | 7 Years 1 Months | Current |
| Sathyan David Also directs: Oxyzo Financial Services Limited, Finova Capital Private Limited, Singularity Creditworld Private Limited and 1 more | Director | 27 May 2020 | 6 Years 4 Months | Current |
| Vikesh Pawan Kumar Agrawal | Director | 07 Jun 2021 | 5 Years 4 Months | Current |
Ownership and Shareholding of Netzero Finance Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Netzero Finance Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2025 | Others | ₹10 Cr | Open |
| 29 Nov 2025 | Others | ₹10 Cr | Open |
| 03 Nov 2025 | Others | ₹15 Cr | Open |
| 30 Aug 2025 | Others | ₹5 Cr | Open |
| 29 Mar 2025 | Others | ₹14 Cr | Open |
Total charge records: 22 View all charges
Deals & Funding of Netzero Finance Private Limited
Netzero Finance Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in March 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹4.25 Cr | Investors: Aerem Solutions Private Limited |
| Mar 2022 | Funding round | ₹75 Lakh | Investors: Aerem Solutions Private Limited |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Aerem Solutions Private Limited |
| Apr 2020 | Rights issue | ₹2.14 Cr | Investors: Aerem Solutions Private Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Netzero Finance Private Limited
Netzero Finance Private Limited has 20 court cases on record: 17 filed by Netzero Finance, 3 where it is another party. 15 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 0 | 15 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Enershell Alloys & Steel Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against MSX Mall Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Fruveg Basket India Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (eCC) | Filed by the company against Enershell Alloys & Steel Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (eCC) | Filed by the company against Kasya Milk Producer Company Limited | Pending |
Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Netzero Finance Private Limited
Employment history and EPFO contributions of people linked to Netzero Finance.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Netzero Finance Private Limited
Recent Activity on Netzero Finance Private Limited
Netzero Finance Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Sathyan David ceased to be Director on 28 Jul 2024.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Netzero Finance Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Netzero Finance Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Netzero Finance Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Netzero Finance Private Limited
Netzero Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA6341D1ZM | Maharashtra | Active | 15 Jun 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Netzero Finance Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Netzero Finance Private Limited
Netzero Finance is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 19 August 2019 (7+ years old) and is registered under CIN U65990MH2019PTC329440.
Netzero Finance reported revenue of ₹28.86 Cr for FY 2026 (up 115% YoY).
Netzero Finance has 3 current directors:
- Anand Rajkumar Jain - Director
- Sathyan David - Director
- Vikesh Pawan Kumar Agrawal - Director
Netzero Finance reported a net profit of ₹1.29 Cr (net margin 4.5%) and EBITDA of ₹16.05 Cr (EBITDA margin 55.6%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Netzero Finance is 241% over three years and 196% over five years. In the latest year (FY 2026) revenue rose 115%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Netzero Finance is 27AASCA6341D1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Netzero Finance is U65990MH2019PTC329440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netzero Finance has 20 court cases on record: 17 filed by the company. 15 are pending. Most are in the district courts.
Netzero Finance was incorporated on 19 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Netzero Finance has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹75 Lakh; the latest was in March 2022.
The peers of Netzero Finance by revenue are Gream Traders & Exporters Pvt Ltd, Upswing Financial Technologies Private Limited, Charak Ayurmedica Pvt.Ltd, Jet(India) Pvt Ltd, Spider Software Private Limited and 5 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC).