Asote Solutions Private Limited

Solar energy equipment trading company, established in 2019 in Surat, Gujarat.

2019 | Surat, Gujarat (India) | Active
Last Updated: February 10, 2025

Asote Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.84 Cr
  • Revenue Growth -33.42%
  • Profit Growth -15.68%
  • Ebitda 175.03%
  • Net Worth 40.09%
  • Total Assets 123.35%

About Asote Solutions

Asote Solutions Private Limited (ASPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 September 2019 (Five years and four months 20 days old ). Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹30.84 Cr.

Kaushik Chitaliya, Hardikkumar Chitaliya, and Ravi Makwana serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ananyasolar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52609GJ2019PTC110084

  • Company No.

    110084

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

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

Board Members (3)

Name Designation Appointment Date Status
Kaushik Chitaliya Country flag representing In Director 26-Sep-2019 Current
Hardikkumar Chitaliya Country flag representing In Director 15-Dec-2023 Current
Ravi Makwana Country flag representing In Director 15-Dec-2023 Current

Financial Performance of Asote Solutions.

Asote Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.42% decrease. The company also saw a substantial fall in profitability, with a 15.68% decrease in profit. The company's net worth Soared by an impressive increase of 40.09%.

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
-33.42%
Revenue from Operations
-33.34%
Total Assets
123.35%
Profit or Loss
-15.68%
Net Worth
40.09%
EBITDA
175.03%

What is the Ownership and Shareholding Structure of Asote Solutions?

In 2023, Asote Solutions 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

₹30.84 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 30.84 Cr

Latest Charge Details

Date Lender Amount Status
01 Jul 2024 Others ₹14.14 Cr Open
31 May 2024 Others ₹16.70 Cr Open

How Many Employees Work at Asote Solutions?

Unlock and access historical data on people associated with Asote Solutions, 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 Asote 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 Asote 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 Asote Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 14.14 Cr with Charge ID 100950394 was registered on 01 Jul 2024.

    01 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 16.70 Cr with Charge ID 100934732 was registered on 31 May 2024.

    31 May 2024

  • Director Appointment

    Hardikkumar Bharatbhai Chitaliya was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 1 year 2 months .

    15 Dec 2023

  • Director Appointment

    Ravi Ravjibhai Makwana was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 1 year 2 months .

    15 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Asote Solutions Private Limited was incorporated on 26 Sep 2019.

  • The authorized share capital of Asote Solutions Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Asote Solutions Private Limited.

    • Kaushik Kumar Bharatbhai Chitaliya
    • Hardikkumar Bharatbhai Chitaliya
    • Ravi Ravjibhai Makwana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asote Solutions Private Limited is Gr Floor. Plot No-29Sy No.190/1Bhumi Pooja Soc., Nr Raj Hans Soc Amba Talavadi India, Katargam Surat, Gujarat, 395004.

  • The corporate identification number (CIN) of Asote Solutions Private Limited is U52609GJ2019PTC110084 and the company number is 110084 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asote Solutions Private Limited is https://www.ananyasolar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asote Solutions Private Limited has fallen by -33.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asote Solutions Private Limited has experienced an upsurge of 40.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asote Solutions Private Limited amount to ₹ 30.84 Cr.

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

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