Asoftech Solutions Private Limited

Founded in 2020 and headquartered in Punjab, India.

2020 | Rupnagar, Punjab (India) | Active
Last Updated: December 14, 2024

Asoftech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Revenue Growth 187.84%
  • Profit Growth 123.78%
  • Ebitda 157.90%
  • Net Worth 190.39%
  • Total Assets 830.33%

About Asoftech Solutions

Asoftech Solutions Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 December 2020 (Four years and one month 23 days old ). Its registered office is in Rupnagar, Punjab, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.00 M.

Sahil Bawa and Akshay Tiwari serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900PB2020PTC052454

  • Company No.

    052454

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

Who are the key members and board of directors at Asoftech Solutions?

Board Members (2)

Name Designation Appointment Date Status
Sahil Bawa Country flag representing In Director 16-Dec-2020 Current
Akshay Tiwari Country flag representing In Director 16-Dec-2020 Current

Financial Performance of Asoftech Solutions.

Asoftech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 187.84% increase. The company also saw a substantial improvement in profitability, with a 123.78% increase in profit. The company's net worth Soared by an impressive increase of 190.39%.

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
187.84%
Revenue from Operations
187.28%
Total Assets
830.33%
Profit or Loss
123.78%
Net Worth
190.39%
EBITDA
157.90%

What is the Ownership and Shareholding Structure of Asoftech Solutions?

Unlock access to Asoftech Solutions'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

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2023 Axis Bank Limited ₹5.00 M Open

How Many Employees Work at Asoftech Solutions?

Asoftech Solutions has a workforce of 0 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Asoftech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 M with Charge ID 100726468 was registered on 24 Apr 2023.

    24 Apr 2023

  • Balance Sheet

    Asoftech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Sahil Bawa was appointed as a Director was appointed as a Director on 16 Dec 2020 & has been associated with this company since 4 years 1 month .

    16 Dec 2020

  • Director Appointment

    Akshay Kumar Tiwari was appointed as a Director was appointed as a Director on 16 Dec 2020 & has been associated with this company since 4 years 1 month .

    16 Dec 2020

  • Company Incorporation

    Asoftech Solutions Private Limited was registered on 16 Dec 2020 with Roc Chandigarh & aged 4 years 1 month as per MCA records.

    16 Dec 2020

Frequently asked questions

  • Asoftech Solutions Private Limited was incorporated on 16 Dec 2020.

  • The authorized share capital of Asoftech Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Asoftech Solutions Private Limited.

    • Sahil Bawa
    • Akshay Kumar Tiwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asoftech Solutions Private Limited is Plot No C-203 Phase-8B India, Mohali, Punjab, 160071.

  • The corporate identification number (CIN) of Asoftech Solutions Private Limited is U72900PB2020PTC052454 and the company number is 052454 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asoftech Solutions Private Limited has risen by 187.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asoftech Solutions Private Limited has experienced an upsurge of 190.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asoftech Solutions Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Asoftech Solutions Private Limited was filed with the ROC on 31 Mar 2023.