Ashtech Infotech (India) Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.74 M
- Company Age 38 Year, 11 Months
- 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 38 years and 11 months. 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
- 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
Who are the key members and board of directors at Ashtech Infotech (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saurin Shah  | Managing Director | 19-Feb-1986 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Zarna Shah | Director | 19-Apr-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Alltimeit Solutions Private LimitedSaurin Shah is a mutual person
Ashtech Holdings Private LimitedSaurin Shah is a mutual person
Terraa Propex LlpSaurin Shah and Zarna Shah are mutual person
Charges (Loans)
₹30.00 Cr
₹0.05 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2019 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 25 Nov 1988 | The Ahmedabad Mercantile Co-Operative Bank Ltd. | ₹0.50 M | Satisfied |
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.
Deals i
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
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
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.
