Ashtech Infotech (India) Private Limited

IT consulting, system integration, and remote management services for various clients.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ashtech Infotech (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.74 M
  • Company Age 39 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 32.99%
  • Profit Growth 2.45%
  • Ebitda -0.56%
  • Net Worth 24.46%
  • Total Assets 34.74%

About Ashtech Infotech (India)

Ashtech Infotech (India) Private Limited (AIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 1986 and has a history of 39 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ping Networks & Wireless Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.74 M.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Saurin Shah and Zarna Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashinfo.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28920MH1986PTC038988

  • Company No.

    038988

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Ashtech Infotech (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Saurin Shah Country flag representing In Managing Director19-Feb-1986Current

Board Members (1)

NameDesignationAppointment DateStatus
Zarna Shah Country flag representing In Director 19-Apr-2024Current

Financial Performance of Ashtech Infotech (India).

Ashtech Infotech (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.99% increase. The company also saw a slight improvement in profitability, with a 2.45% increase in profit. The company's net worth Soared by an impressive increase of 24.46%.

Ashtech Infotech (India) revenue growth over time
Ashtech Infotech (India) 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
32.99%
Revenue from Operations
32.96%
Total Assets
34.74%
Profit or Loss
2.45%
Net Worth
24.46%
EBITDA
-0.56%

What is the Ownership and Shareholding Structure of Ashtech Infotech (India)?

In 2023, Ashtech Infotech (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹0.05 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2019Hdfc Bank Limited₹30.00 CrOpen
25 Nov 1988The Ahmedabad Mercantile Co-Operative Bank Ltd.₹0.50 MSatisfied

How Many Employees Work at Ashtech Infotech (India)?

Ashtech Infotech (India) has a workforce of 130 employees as of Apr 06, 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 Ashtech Infotech (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashtech Infotech (India), 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 Ashtech Infotech (India)'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 Ashtech Infotech (India)

Recent activity within the organization

  • Annual General Meeting

    Ashtech Infotech (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 25 Nov 1988 via Charge ID 90185386 with The Ahmedabad Mercantile Co-Operative Bank Ltd. was fully satisfied on 02 Aug 2024.

  • Director Appointment

    Zarna Saurin Shah was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 15 days .

  • Balance Sheet

    Ashtech Infotech (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 20 Jun 2019 with Charge ID 100277821 was modified on 27 Mar 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100277821 was registered on 20 Jun 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Ashtech Infotech (India) Private Limited?

    Ashtech Infotech (India) Private Limited was incorporated on 19 Feb 1986.

  • What is authorized share capital and paid-up capital of Ashtech Infotech (India) Private Limited?

    The authorized share capital of Ashtech Infotech (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.74 M.

  • Who are the current board members & directors of Ashtech Infotech (India) Private Limited?

    Currently 2 directors are associated with Ashtech Infotech (India) Private Limited.

    • Saurin Devendra Shah
    • Zarna Saurin Shah

  • What is the registered address of Ashtech Infotech (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashtech Infotech (India) Private Limited is Naman Midtown B Wing 10Th Floor Senapati Bapat Marg, Elphinstone (W) India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Ashtech Infotech (India) Private Limited?

    The corporate identification number (CIN) of Ashtech Infotech (India) Private Limited is U28920MH1986PTC038988 and the company number is 038988 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ashtech Infotech (India) Private Limited?

    The Official website of Ashtech Infotech (India) Private Limited is https://www.ashinfo.com

  • What has been the recent revenue trend for Ashtech Infotech (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashtech Infotech (India) Private Limited has risen by 32.99%.

  • How many employees does Ashtech Infotech (India) Private Limited currently have?

    As Per 2023 financial reports, 130 employees are currently employed by Ashtech Infotech (India) Private Limited.

  • What change has been observed in the net worth of Ashtech Infotech (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashtech Infotech (India) Private Limited has experienced an upsurge of 24.46%.

  • What are the total open charges for Ashtech Infotech (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashtech Infotech (India) Private Limited amount to ₹ 30.00 Cr.

  • When was the last Balance Sheet of Ashtech Infotech (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Ashtech Infotech (India) Private Limited was filed with the ROC on 31 Mar 2024.

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