Evolute Systems - Company overview

Evolute Systems (legal name: Evolute Fintech Innovations Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-…

2009-05-26 Kandivali East, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▼ -19.8%
FY 2023
PROFIT / LOSS
₹5–10 Cr
▼ -22.9%
FY 2023
EBITDA
₹5–10 Cr
▼ -41.2%
FY 2023
NET WORTH
₹50–100 Cr
▲ 9.5%
FY 2023
TOTAL ASSETS
₹50–100 Cr
▲ 7.2%
FY 2023
EMPLOYEE COUNT
81–90
OPEN CHARGES
1
-5.00 cr
PAID-UP CAPITAL
2.37 cr
AUTHORISED CAPITAL
7.50 cr
COMPANY AGE
17 Years 4 Months
since 2009-05-26
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
2
Updated: 2025-04-08 08:22:14
TOTAL MONEY RAISED
₹1–5 Cr
SATISFIED CHARGES
1
5.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Evolute Systems covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
82/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (75), financial health (75), director (95) and company-foundation signals.
  • Operating for 17+ years.
Compliance Score Low risk
75/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Low risk
75/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Evolute Systems Company identity, industry, contact, and registration details from MCA and company records.

Evolute Systems (legal name: Evolute Fintech Innovations Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U30006MH2009PTC192706). Business overview includes Information Technology (Electronic Components & Equipment Manufacturing), incorporated on May 26, 2009 (17+ years old), based in Kandivali East. The company is currently Active with Active Compliant compliance status. Public MCA filings list 2 current director record(s) on this profile.

Information Technology ••••••••
  • Location Office No 801, 8Th Floor, Grande Edifice,, Kandivali East, Maharashtra - 400101
  • Website evolute.in
Name History
Legal NameEvolute Fintech Innovations Private Limited
CIN / LLPINU30006MH2009PTC192706
Company No.192706
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2009-05-26
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Evolute Systems (2) Current board members from MCA filings, including designation and appointment details.

P
Parag Kirit Mehta
Director | Since 2009-05-26 | DIN: 00090383
P
Paras Kirit Mehta
Director | Since 2012-12-19 | DIN: 00090494

Financial Performance of Evolute Systems Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▼ -19.8%
P&L ₹5–10 Cr ▼ -22.9%
EBITDA ₹5–10 Cr ▼ -41.2%
Net worth ₹50–100 Cr ▲ 9.5%

Charges of Evolute Systems Open and satisfied charges registered against the company with MCA.

Others : 10.00 cr
Bank Of India : 5.00 cr
Open Charges: 1 Satisfied Charges: 1
Open -5.00 cr
Satisfied 5.00 cr
LenderAmountStatus
Others
Creation Date: 11 Feb 2025
 10.00 cr Open
Bank Of India
Creation Date: 29 Aug 2011
 5.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingComputer, electronic, Communication and scientific measuring & control equipment100

Companies With Common Directors Of Evolute Systems Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Evolute Cleantech Solutions Private Limited 2 Shared Directors
Evolute Synergies Llp 2 Shared Directors
Evolute Synergies Private Limited 2 Shared Directors
Evolute Ventures Private Limited 2 Shared Directors
Glomore Electro-Tech Solutions Llp 2 Shared Directors
Psj Infrastructures Private Limited 2 Shared Directors
Spiritus Payments Private Limited 2 Shared Directors
Benchmark Infraprojects Llp 1 Shared Director
Cycloid Networks Private Limited 1 Shared Director
Glomore Realtors Llp 1 Shared Director
Pprime Amusement & Entertainment Private Limited 1 Shared Director
Yan Catalyst Ventures Llp 1 Shared Director
Yan Tech Ventures Llp 1 Shared Director
Yatra Angels Scale Up Ventures Llp 1 Shared Director

Financial Ratios of Evolute Systems Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Shareholding Pattern of Evolute Systems Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Employees and EPFO Compliance at Evolute Systems EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

GST Compliance of Evolute Systems GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

MSME Payment Delays by Evolute Systems MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

Subsidiaries & Group Companies of Evolute Systems Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.

Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

MCA Filings & Documents of Evolute Systems Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index
Frequently Asked Questions about Evolute Systems Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
What is CIN of Evolute Systems?
The Corporate Identification Number (CIN) for Evolute Systems is U30006MH2009PTC192706. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 192706 as per MCA.
When was Evolute Systems incorporated?
Evolute Systems was incorporated 17 years 4 months ago on 26 May 2009.
Who are the current board members and directors of Evolute Systems?
Evolute Systems shows 2 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Evolute Systems?
Evolute Systems is registered in Kandivali East, Maharashtra as per MCA records. Full street address is available after unlock.
What is the official website of Evolute Systems?
The official website of Evolute Systems is https://evolute.in.
What is the ROC code of Evolute Systems?
Evolute Systems ROC code is Roc Mumbai.
What is the company classification of Evolute Systems?
Evolute Systems is classified as Private Limited Indian Non-Government Company.
Evolute Systems - is it listed or unlisted?
Evolute Systems is a Unlisted company.
Does Evolute Systems have subsidiaries?
Evolute Systems has 1 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Evolute Systems?
Evolute Systems is currently Active and registered in Kandivali East, Maharashtra, India.
What industry or business activity is Evolute Systems associated with?
Evolute Systems lists activity aligned with: Information Technology - Electronic Components & Equipment Manufacturing - Computer, electronic, Communication and scientific measuring & control equipment. See the Overview and Competition sections for fuller industry context.
Does Evolute Systems have GST registrations on file?
Evolute Systems shows 2 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Evolute Systems?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Evolute Systems.
Are there similar companies to Evolute Systems?
This profile lists 10 similar or peer company record(s). Open the Competition tab for comparisons.
How do I contact Evolute Systems?
Use the official website at https://evolute.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Evolute Systems?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Evolute Systems?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.