Alankit Assignments Limited Chandigarh Tourism

Growth with Revenue of Rs. 24.65 Crore and; Shares Intent of Entering Three New Business Verticals

(Attn.editors: The following press release comes to you under an arrangement with Business Wire India. PTI takes no editorial responsibility for the same.)

Alankit Limited Announces Q2 FY18 Results: Registers Strong Growth with Revenue of Rs. 24.65 Crore and; Shares Intent of Entering Three New Business Verticals

New Delhi,Delhi,India- Business Wire India November 15, 2017 Results figures

. Alankit Ltd. records strong growth of 32% in gross revenue in Q2 FY18 as compared with Q2 FY17

. Revenue recorded in Q2 FY18 is Rs. 24.65 cr, 32% up from Rs.18.62cr in Q2 FY17

. Profit before Tax up by Rs.7.22 cr, at 168% as compared to Rs. 2.69 cr in Q2 FY17

. Profit after Tax up by Rs.5.76 cr, at 252% as compared to Rs. 1.64 in Q2 FY17

. EBITA Q2 FY18 saw a growth of 174% compared with Q2 FY17, standing at Rs 7.36 cr

Business announcements

. Alankit Ltd. plans to further expand its base and operations in Gulf (applying for GULF-VAT license) . Alankit Ltd. plans to apply for two RBI licenses - P2P and FFMC

Alankit Limited is a flagship company of the Alankit Group listed on both the premier stock exchanges of the country, NSE and BSE. The company announced the results for the second quarter (Q2) of the financial year 2017-18. The company has registered notable growth across all metrics of performance with a revenue of Rs. 24.65 cr, which is 32% higher than previous comparable quarter of FY 16-17.

For H1-FY18, the gross revenue stands at Rs. 53.48 cr, Alankit Limited recorded a remarkable growth of 68%. In terms of EBITA, the company registered a growth of 179% with the figure touching Rs. 14.14 cr. The company's EPS ranged around 0.72 and profit after tax grew by 192%, standing at Rs. 10.32 crore.

Speaking about the results and company's outlook, Mr. Alok Kumar Agarwal, Chairman and Director, Alankit Limited expressed "we are delighted with the growth trajectory of the company. We have aligned our vision to that of the Government of India and are continuously providing digital solutions that would benefit Indian citizens and businesses alike. We are working vigorously for creating a robust IT infrastructure as per GSTN specification for furthermore expansion and effective implementation of the futuristic GST regime. In parallel to ongoing initiatives, we thank all our investors for bestowing their trust and confidence in us."

Commenting on the performance, Mr. Ankit Agarwal, Managing Director, Alankit Limited said, "Alankit Limited is committed to providing e-Governance services and more to Indian citizens. With the government's increased focus on greater level of governance and transparency on back of digitization, our focus has been to provide the best in class solutions that equip Indians to seamlessly get on the digital wagon. The highlight for us this quarter has been the successful implementation of GST solutions."

Some critical discussion points on the board meeting held today, included:

. Alankit Ltd. as part of a joint venture in the UAE, will seek license for Gulf-VAT, FFMC (Full-fledged money changer) and P2P (Peer to Peer lending).

. With Alankit Ltd. successfully equipping businesses to file and comply GST returns in

India, it is taking the expertise to the Middle East with VAT being implemented in the

UAE from 1st January, 2018.

. FFMC is authorized by the Reserve Bank to deal in foreign exchange for specified purposes.

. P2P license (RBI license) will establish Alankit Ltd. as an aggregator and help individuals

looking to invest small sums of money at a higher interest rate. Notes to the editor: GST implementation by Alankit Ltd.

Alankit Ltd. is a Government to Citizen Company with prime focus on e-Governance product and services like PAN, AADHAAR, GST implementation etc. Alankit Ltd. introduced GST Muneemji, a cloud based solution which helps businesses record their invoices on this platform for further filing on GSTN Network. As part of spreading awareness and getting businesses on board with GST for increased compliance, the company initiated an evangelization drive throughout the nation covering 22 cities, including metros and tier II towns (Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Cochin, Ahemdabad, Indore, Guwahati, Raipur, Vishkhapatnam, Lucknow and Chandigarh). Alankit Ltd. also launched GST Saarthi, which is targeted towards small traders & unorganized businesses with the aim to streamline the process of GST filing. It helps small traders in Business Accounting, helps SMBs to get onboard, take payments through cards/Aadhaar Biometrics, etc. Alankit GST SaarthiPoS device would incorporate a tablet, a debit/ credit card swiping option and a small printer along with a fingerprint scanner for Aadhaar enabled payments.

The government has emphasized its commitment to GST and is moving ahead on key initiatives such as better tax compliance, and plugging in leakages through measures like linking Aadhaar and PAN. Implementation of GST is expected to have far reaching effects by bringing large parts of the informal economy into the formal system where compliance and accountability standards are of a higher order. Currently, Alankit Ltd. has a network of 2250 TIN/PAN centers/GST Suvidha Kendra and with advent of GST, the company plans to double its footprint over next few months across the nation. About Alankit Ltd.'s journey of 25 years

Alankit Ltd. is a 25-year-old entity which has been operating across the diverse spectrum of financial services, e-Governance, insurance and healthcare services. Alankit Assignments Ltd., one of the leading affiliated companies of the group commenced business operations in 1995 and was recently the registrar of one of India's largest ever public-sector IPO - HUDCO. With a network of over 5000 centers, Alankit has direct presence in more than 673 cities across India. The company also has presence in international frontiers with presence in UAE, UK and Singapore. After building strong and successful portfolio in financial services and e-Governance space with offerings like UID enrolment (Aadhaar), TIN and PAN facilitation, IWRC, e-Return intermediary and more, a recent milestone for the company has been identification and authorization by GSTN as a GST Suvidha Provider (GSPs).

About Alankit Ltd.

Alankit Ltd. (BSE: 531082, NSE: ALANKIT), part of Alankit Group and a leading e-Governance Service Provider in India. Alankit Group is a conglomerate of 12 Group companies with diversified activities into e-Governance, Financial Services, Insurance and Health Care verticals. Alankit is a professionally managed Group, led by a team of level headed personnel with outstanding managerial acumen. With a customer base of over 20 Million, this is increasing steadily year after year.

Alankit Ltd.'s services include GSP (GST Suvidha Provider), TIN Facilitation Center & PAN Center, UID Enrolment (Aadhaar), Business Correspondent (BC), Printing of PVC Aadhaar Card, Aadhaar Seeding, National Distributor for Entrust Datacard Printers, Authentication User Agency (AUA), KYC User Agency (KUA), Distribution Agency for EESL, POP- National Pension System (NPS), Authorized Person (AP) for National Insurance - policy Repository (NIR), Point of Service (POS) for National Skills Registry (NSR), Facilitator for Atal Pension Yojana (APY), Manpower Services, Scanning and Digitization of Medical Records- www. recordxpert.com etc.

Media Contact Details Garima Sharma, Text 100 , +91-9899175275, Garima.Sharma@text100.co.in (BusinessWire) DL

Disclaimer: This story has not been edited by BW staff and is auto-generated from a syndicated feed.


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After registering the details on the NSR site, registering professionals need to visit Point Of Service (POS) offices appointed by NSDL Database Management Limited (NDML) for submitting their finger-prints, photograph, signature and fee (if not paid through payment gateway). While visiting POS following documents have to be carried

  • Acknowledgement Form printed from NSR website
  • Passport size photograph pasted on acknowledgement form
  • Proof of photo Identity - Voter's ID Card, Passport, Driving License, Bank Pass book (if photo attached), College ID Card (not more than 1 year old), PAN Card or Employment Identity Card
  • Total fee payable at the time of registration includes Registration fee of Rs. 300, Annual Usage Fee of Rs. 100 for the year of registration and applicable taxes. Detailed information about fee structure is available on https://nationalskillsregistry.com/FEE_STRUCTURE.html

The POS officials will verify identity of the registering professional and then capture his/her biometric details. Once biometric data is uploaded by the POS to NSR system ITPIN will be generated. The ITPIN and an NSR eCard will be emailed to the email ID provided by the professional during the registration process.

POS facilities are available in the following cities

(Please call POS officials to schedule your appointment.)

Ahmedabad


AddressAlankit Limited
21/22 ( Ground Floor) Devnandan Mall,
Opp. Sanyas Ashram , Near M.J. Library,
Ashram Road, Ahmedabad . 380006
 
Tel.079-30046341/43 
Contact PersonMr. Mayur Rathod / Mr. Rupesh Tarnekar 
Emailrupeshkyt@alankit.com / mayurvr@alankit.com 

Bangalore


AddressAlankit Limited
No. 42, 2nd & 4th Floor
46-E, Lal Bagh Road,
Near PASSPORT SEVA KENDRA,
Beside GO GAS Pump,
Bangalore - 560027
 AddressIntegrated Enterprises (India) Limited
No 73/2C Thimmappa Reddy Layout,
Diagonally opposite to HDFC Bank,
Lane next to Chaitanya Techno School,
Hulimavu Gate, Bannerghatta Road,
Bangalore - 560076.
Tel.080- 40195700 & 724 Tel.080 - 49534732
Contact PersonKalyan Basak  Contact PersonMs. Sayeda Noor Arshiya
Emailkalyanb@alankit.com Email nsrbannerghatta@integratedindia.in

AddressIntegrated Enterprises (India) Limited
12 Ramanuja Plaza -Ground Floor,
5th Cross, Malleswaram,
Landmark : Near Big Bazar,
Bangalore - 560003.
 AddressIL&FS Securities Services Limited
Stock Exchange Towers,51,
1st Cross, J. C. Road,
Landmark :Next to Mahaveer Jain college, opposite to South Gate of Kannada Bhavan,
Bangalore - 560 027.
Tel.080 - 41281371 / 74 / 9902028662 Tel.080 43464024 / 080 43464001 / 080 43464003
Contact PersonSuma K Contact PersonMr Kiran / Ms Bhagya / Mr.Prem
Emailnsrbgl@integratedindia.in Emailbgse.dp@issl.co.in/bgse.billing@issl.co.in /blr.acopening@issl.co.in

Bareilly


AddressAlankit Limited.
Lata Arcade, 1st Floor, 87 Civil Line,
Near Ayub Khan Chauraha,
Bareilly . 243001
Tel. 0581-2551165
Contact PersonAjay Kumar Agarwal
Emailajayag@alankit.com / avineshb@alankit.com

Bhubaneshwar


AddressAlankit Limited.
Plot No.-7,2nd Floor,Shakuntala Bhawan,
Above State Bank of Hyderabad,
Behind Sreeleather Showroom,
Ashok Nagar,Bhubaneswar- 751009
 
Tel.0674-2510043 
Contact PersonMs.Saswati Ojha  
Emailsaswatio@alankit.com 

Chennai


AddressAlankit Limited
109 & 110, 2nd Floor,
Opposite Axis Bank & Chamiers Tower
Chamiers Road, Teynampet, Near Moopanar Fly Over, Above AMARON Battery Showroom
Chennai - 600018.
 AddressM/s.IL&FS Securities Services Limited
Flat 3 C Kences Tower(Above Croma Showroom)
Block No.9,
No.1, Ramakrishnan Street,
North Usman Road,(Near Joyallukas Building)
T.Nagar,
Chennai - 600 017.
Tel.044 - 43947123  Tel.044-45965000/ 044 - 45965001
Contact PersonGowtham  Contact Person Narendar V / Mr. Ekambaram / Mr. V Yuvaraj /PT Sarawanakumar
EmailGowthams@alankit.com
 Emailekambaram.s@issl.co.in / yuvaraj.v@issl.co.in / chennai.fno@issl.co.in / pt.saravanakumar@issl.co.in



Coimbatore


AddressAlankit Limited
Khicha & Prabhu Kesavan,
530,2nd Floor, Vysial Street
Above Syndicate bank
Coimbatore - 641001
(Location : Ukkadam Busstand to Big Bazaar to
B1 Police Station(Perur Main Road) to
Syndicate Bank Vysial Street Branch)
Tel.0422-2393620 / 2393491 / 7708541308
Contact PersonM. Vishalakshi & V. Mohanasrilakshmi
Emailnsrcoimbatore@gmail.com / coimbatore.kpk@gmail.com

AddressIL&FS Securities Services Limited
424 - E Red Rose Tower, 2nd Floor
Above ICICI Bank, D B Road, R S Puram
Coimbatore - 641002
Tel. 0422 - 4367807/4216657
Contact Person R Sampath / Thilleepan V
Emailr.sampath@issl.co.in/thillepan.v@issl.co.in

Chandigarh


AddressAlankit Ltd.
S.C.O. 30 (Above Andhra Bank)
Sector 33D
Chandigarh - 160020.
Tel.0172 - 4312500
Contact PersonDharmender Thakur
Emaildharmenders@alankit.com

Gurgaon


AddressAlankit Limited
SCO-17, 1st Floor,
Saraswati Vihar Shopping Complex,
Housing Board, Chakerpur,
Gurgaon - 122001.
Tel.0124 4736215
Contact Person Mr. Inder Kumar Jha
Emailalankitgurgaon@alankit.com

Guwahati


AddressAlankit Limited
3rd Floor, Block-A,
Shima Plaza,
Ulubari,
Guwahati - 781007
Tel.0361-2737933/2737937
Contact PersonMr. Souvik Gupta / Ms. Nibedita Kundu
Emailsouvikg@alankit.com /
nibedita@alankit.com

Hyderabad


AddressIntegrated Enterprises (India) Limited
Door No : 5-10-193, Ground Floor,
Next to HACA Consumers Store,
HACA Bhavan, Hillfort Road,
Landmark: Near Hyderabad Assembly, Opposite Kalanjali Bhavan,
Hyderabad - 500004.
 AddressIL&FS Securities Services Limited
6-3-1090/A/24, No.201 2nd Floor,
Olbee Centre
Opp to Indian Oil Petrol Bunk
Above Lawrence & Mayo Optical
Rajbhavan Road, Somajiguda,
Hyderabad 500 082
Tel.040-23391461 / 9849912523 Tel.040-66252242 / 43
Contact PersonPrabu M / Muthu G E Contact PersonH.V. Srividya / Jeetinder Singh
Emailsystemap@integratedindia.in EmailHv.Srividya@issl.co.in

Indore


AddressAlankit Limited
109-A , Vidhyapati Building,
17, Race Course Road,
Opposite Basket Ball Complex,
Janjeerwala Square, Indore - 452003
Madhya Pradesh
Tel.0731-4267401
Contact PersonYamini Sharma
Emailyaminis@alankit.net

Jaipur

Kochi


AddressAlankit Limited
Address -1st Floor, ACT Chambers,
M.K.K. Nair Road,
Landmark: Post Office Building - Opp. AXIS Bank
Palarivattom,
Kochi - 682025.
AddressIL&FS Securities Services Limited
Address -39/4967 USNAZ Towers, 3rd Floor,
Medical Trust Hospital Junction
Pallimukku, M G Road,
Cochin - 682 016
Tel. 8086049291 / 0484 6567106 Tel.0484-4028066/4028099
Contact Person Mr. Naveen Contact PersonKamala Kannan / Vinal Pandya
Email naveentr@alankit.com Emailkamala.kannan@issl.co.in/vinal.pandya@issl.co.in

Kolkata


AddressAlankit Limited
No. 19, R N Mukherjee Road,
Main Building, Second Floor,
Kolkata - 700001.
 AddressIL&FS Securities Services Ltd
Central Plaza, 7th Floor,
Room No 702,2/6 Sarat Bose Road,
Kolkata 700020.
Tel.033-44014100 / 033-44014200 Tel. 033-44076000/6001/6003
Contact PersonMr. Abhijit Sinha / Mr. Bikash Agarwal Contact PersonSamir Ghosh / Sushmita Saha
Emailabhijits@alankit.com / alokk@alankit.com EmailSamir.ghosh@issl.co.in/sushmita.pramanick@issl.co.in

Lucknow


AddressAlankit Limited
2nd Floor, Burlington Square,
Burlington Crossing,
Vidhan Sabha Marg,
Lucknow, UP - 226001
Tel.05224153225 / 05224153265
Contact PersonArvind Agarwal
Emailarvinda@alankit.com

Mangalore

Mumbai


AddressAlankit Limited
R. R. House / Babulin,
Ideal Industrial Estate,
Opp. New Empire Mills,
Senapati Bapat Marg,
Lower Parel, Mumbai - 400013.
Tel. 022 43481213/ 43481276
Contact PersonMs. Pragati Gharate
Emailpragatipg@alankit.com

AddressIL&FS Securities Services Limited
IL&FS House, Plot No.14,
Raheja Vihar, Chandivli,
Andheri East , Mumbai - 400072.
 
Tel.022-42493207 / 3402 
Contact PersonMr. Roshan Kotian / Mr.Sanjay Khandeker  
Emaildp.team@issl.co.in 

New Delhi


AddressAlankit Limited
4E/2, Beside of Jhandewalan Post Office,
Near Jhandewalan Metro Station,
Jhandewalan Extension,
New Delhi - 110055.
 AddressIL&FS Securities Services Limited
10, Community Centre,
2nd Floor, East of Kailash,
New Delhi-110 065
Tel.011- 42541234 / 1988  Tel.011- 49947000
Contact PersonMr.Pawan Bhanwal Contact PersonSundar Singh Rawat
Emailpawankb@alankit.com EmailSundarsingh.Rawat@issl.co.in

AddressAlankit Limited
204-205, 2nd Floor,Landmark "Near M2K Mangalam Place"
Vikas Surya Shopping Mall,
Sector . 3, Rohini,
New Delhi . 110085.
  
Tel.011 - 49355613  
Contact PersonRakesh Ranjan Jha  
Emailrakeshrj@alankit.com / alankitrohini@alankit.com  

Noida


AddressAlankit Limited
Bhagwan Sahai Palace, 2nd Floor,
Naya Bans Main Market, Sector -15
Land Mark . Near Bata Show Room & above Adidas Show Room
Noida - 201301.
Tel.0120-4027941/ 0120-4027942
Contact PersonVipin Tiwari
Emailalankitnoida@alankit.com

Patna


AddressAlankit Limited
Room No. 203, Konark Shere Apartments,
2nd Floor, Exhibition Road,
Behind Aashiana Tower, Patna - 800001.
Tel.0612-2323416
Contact PersonMr. Subhashish Das
Emailsubhashishd@alankit.com

Pune


AddressAlankit Limited
1st Floor, Wardhman Heights,
CTS No. . 1328, Above Tata Docomo Office,
Near Telephone Exchange, Bazirao Road,
Shukrawar Peth Pune -411002.
 
Tel.020-48515400
 
Contact PersonAshish Firodiya / Niranajan Gokhale  
Emailashishf@alankit.com / niranjang@alankit.com 

Raipur


AddressAlankit Limited
Sh.No.218,2nd Floor,Rishabh Chamber,
Behind Rishabh Complex,
M. G. Road, Jawhar Nagar,
Raipur (C.G.) - 492001.
Tel.8518887450 / 0771-4062981 / 82 / 83
Contact PersonMr. Atul Patil / Navin Agarwal
EmailAtulp@alankit.com/navina@alankit.com

Ranchi


AddressAlankit Limited.
Shop No. 406 Panchwati Plaza,
Kutchery Road, Ranchi-834001,
Tel.08051080911/14
Contact PersonRAVI SHANKAR KUMAR
Emailravisk@alankit.com

Secundrabad


AddressAlankit Limited
1-8-54/1/1, 1st Floor,
Beside Sind Bank,
Pender Ghast(PG) Road
Secundrabad - 500003.
Tel.040-40300820 / 040-40300800
Contact PersonKHAGESWAR
Emailkhageswarb@alankit.com

Trivandrum


AddressAlankit Limited
TC 2/2671,KRA - 90,
KURUGANOOR VEEDU
MARAPPALAM ROAD
PATTOM, TRIVANDRUM - 695004
Tel.0471-4060596, 2444633, 9447705533, 9895953137
Contact PersonDILEEP NAIR, MUTHUKUMAR
Emailetdstvm@gmail.com

Visakhapatnam


AddressAlankit Limited
Door No. 47-3-10, Ground Floor (Above Cellar),
Sri Nivas Apartments 5th Lane, Plot No. 24-C,
Block No.-23, Dwarka Nagar, Land Mark: Near Diamond,
Park Sankaramtham Road,
Visakhapatnam - 530016.
Tel.0891-6697400 / 0891-6697432
Contact PersonK Rajeswara Reddy
Emailkrajeswarar@alankit.com

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