Ashwinassociates Private Limited

Pharmaceutical company involved in manufacturing, trading, and exporting various pharmaceutical products.

2016 | Madurai, Tamil Nadu (India) | Active
Last Updated: November 04, 2024

Ashwinassociates Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.34 Cr
  • Revenue Growth 30.66%
  • Profit Growth -2.03%
  • Ebitda 57.25%
  • Net Worth 24.49%
  • Total Assets 12.91%

About Ashwinassociates

Ashwinassociates Private Limited (APL) is a Private Limited Indian Non-Government Company incorporated in India on 31 May 2016 (Eight years and eight months 27 days old ). Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Pharma 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 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.34 Cr.

Raaman Aarthi and Balakrishnan Suresh serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashwinassociates.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2016PTC110693

  • Company No.

    110693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Pharma

Who are the key members and board of directors at Ashwinassociates?

Executive Team (1)

NameDesignationAppointment DateStatus
Balakrishnan Suresh Country flag representing In Managing Director31-May-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Raaman Aarthi Country flag representing In Director 31-May-2016Current

Financial Performance of Ashwinassociates.

Ashwinassociates Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.66% increase. The company also saw a slight decrease in profitability, with a 2.03% decrease in profit. The company's net worth Soared by an impressive increase of 24.49%.

Graph illustrating revenue growth over time
Graph showing 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
30.66%
Revenue from Operations
30.66%
Total Assets
12.91%
Profit or Loss
-2.03%
Net Worth
24.49%
EBITDA
57.25%

What is the Ownership and Shareholding Structure of Ashwinassociates?

In 2023, Ashwinassociates 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

₹33.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 3.34 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2024City Union Bank Limited₹2.50 MOpen
12 Jan 2024City Union Bank Limited₹2.00 MOpen
22 Apr 2020City Union Bank Limited₹1.50 MOpen
08 Feb 2019City Union Bank Limited₹2.74 CrOpen

How Many Employees Work at Ashwinassociates?

Unlock and access historical data on people associated with Ashwinassociates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashwinassociates, 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 Ashwinassociates'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 Ashwinassociates

Recent activity within the organization

  • Annual General Meeting

    Ashwinassociates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.50 M with Charge ID 100960547 was registered on 16 Jul 2024.

    16 Jul 2024

  • Balance Sheet

    Ashwinassociates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.00 M with Charge ID 100879040 was registered on 12 Jan 2024.

    12 Jan 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 27.40 M registered on 08 Feb 2019 with Charge ID 100245923 was modified on 07 Mar 2023.

    07 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.50 M with Charge ID 100428323 was registered on 22 Apr 2020.

    22 Apr 2020

Frequently asked questions

  • Ashwinassociates Private Limited was incorporated on 31 May 2016.

  • The authorized share capital of Ashwinassociates Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Ashwinassociates Private Limited.

    • Raaman Aarthi
    • Balakrishnan Suresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashwinassociates Private Limited is 23/75 S.S. Colony. Ram Nagar India, Madurai, Tamil Nadu, 625016.

  • The corporate identification number (CIN) of Ashwinassociates Private Limited is U74999TN2016PTC110693 and the company number is 110693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashwinassociates Private Limited is https://www.ashwinassociates.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashwinassociates Private Limited has risen by 30.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashwinassociates Private Limited has experienced an upsurge of 24.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashwinassociates Private Limited amount to ₹ 3.34 Cr.

  • The most recent Balance Sheet for Ashwinassociates Private Limited was filed with the ROC on 31 Mar 2024.