Asa Development Services

Founded in 2007 and headquartered in Madhya Pradesh, India.

2007 | Bhopal, Madhya Pradesh (India) | Active
Last Updated:

Asa Development Services Profile

Key Indicators

  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 3.90 Cr
  • Revenue Growth 32.70%
  • Profit Growth -249.07%
  • Ebitda -195.97%
  • Net Worth -64.49%
  • Total Assets -37.10%

About Asa Development Services

Asa Development Services (ADS) is a Private Not For Profit Company incorporated in India on 29 January 2007 and has a history of 18 years and one month. Its registered office is in Bhopal, Madhya Pradesh, India.

The Company is engaged in the Financial Services 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 0.00 and a paid-up capital of Rs 0.00.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹3.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Muthukumarasamy Kalyanasundaram, Ashis Mondal, Jayanthi Gangana, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85310MP2007NPL019243

  • Company No.

    019243

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    29 Jan 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Financial Services

Who are the key members and board of directors at Asa Development Services?

Board Members (5)

NameDesignationAppointment DateStatus
Jayanthi Gangana Country flag representing In Director 29-Jan-2007Current
Ashis Mondal Country flag representing In Director 29-Jan-2007Current
Amitabh Ghosh Country flag representing In Director 13-Nov-2019Current
Muthukumarasamy Kalyanasundaram Country flag representing In Director 02-Apr-2018Current
Sanjeev Gupta Country flag representing In Director 01-May-2017Current

Financial Performance of Asa Development Services.

Asa Development Services, for the financial year ended 2023, experienced significant growth in revenue, with a 32.7% increase. The company also saw a substantial fall in profitability, with a 249.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 64.49%.

Asa Development Services revenue growth over time
Asa Development Services 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
32.70%
Revenue from Operations
35.01%
Total Assets
-37.10%
Profit or Loss
-249.07%
Net Worth
-64.49%
EBITDA
-195.97%

What is the Ownership and Shareholding Structure of Asa Development Services?

Unlock access to Asa Development Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,000,000.00

Satisfied Charges

₹39,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2021Others₹1.00 CrOpen
12 Feb 2020Others₹9.00 MSatisfied
06 Jan 2020Others₹1.50 CrSatisfied
14 May 2019Others₹1.00 CrSatisfied
31 Jul 2018Others₹5.00 MSatisfied

How Many Employees Work at Asa Development Services?

Asa Development Services has a workforce of 31 employees as of Apr 07, 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 Asa Development Services

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asa Development Services, 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 Asa Development Services'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 Asa Development Services

Recent activity within the organization

  • Annual General Meeting

    Asa Development Services last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Asa Development Services has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Charges

    A charge registered on 06 Jan 2020 via Charge ID 100312679 with Others was fully satisfied on 26 Sep 2022.

  • Charges

    A charge registered on 12 Feb 2020 via Charge ID 100328616 with Others was fully satisfied on 28 Jan 2022.

  • Charges

    A charge registered on 14 May 2019 via Charge ID 100262005 with Others was fully satisfied on 09 Jun 2021.

  • Charges

    A charge with Others amounted to Rs. 10,000,000.00 with Charge ID 100445437 was registered on 30 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Asa Development Services?

    Asa Development Services was incorporated on 29 Jan 2007.

  • What is authorized share capital and paid-up capital of Asa Development Services?

    The authorized share capital of Asa Development Services is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Who are the current board members & directors of Asa Development Services?

    Currently 5 directors are associated with Asa Development Services.

    • Muthukumarasamy Kalyanasundaram
    • Ashis Mondal
    • Jayanthi Gangana
    • Amitabh Ghosh
    • Sanjeev Kumar Gupta
  • What is the registered address of Asa Development Services?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asa Development Services is 4 Goyal Duplex G-3, Gulmohar Colony India, Bhopal, Madhya Pradesh, 462016.

  • What is the corporate identification number (CIN) and company number of Asa Development Services?

    The corporate identification number (CIN) of Asa Development Services is U85310MP2007NPL019243 and the company number is 019243 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Asa Development Services?

    According to the financial reports for the fiscal year 2023, the revenue trend for Asa Development Services has risen by 32.70%.

  • How many employees does Asa Development Services currently have?

    As Per 2023 financial reports, 31 employees are currently employed by Asa Development Services.

  • What change has been observed in the net worth of Asa Development Services, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Asa Development Services has experienced an downturn of -64.49%.

  • What are the total open charges for Asa Development Services?

    As per the financial statements for fiscal Year 2023, The total open charges for Asa Development Services amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Asa Development Services filed with the ROC?

    The most recent Balance Sheet for Asa Development Services was filed with the ROC on 31 Mar 2024.