Aspa Private Limited

Manufactures and trades automotive products, lamps, and precision electrical and mechanical instruments.

1970 | Bangaluru, Karnataka (India) | Active
Last Updated: December 20, 2024

Aspa Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 54 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.52 Cr
  • Revenue Growth -65.58%
  • Profit Growth 50.72%
  • Ebitda -317.82%
  • Net Worth 36.28%
  • Total Assets -5.85%

About Aspa

Aspa Private Limited (APL) was founded in India on 11 May 1970 and has a glorious history of 54 years and nine months.Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive 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 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹1.52 Cr.

Kukkuje Shetty, Anandram Subbaiah, Suresh Shetty, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aspagroup.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1970PTC001891

  • Company No.

    001891

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 1970

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Aspa Private Limited offer?

Aspa Private Limited offers a wide range of products and services, including Electric Tape, PVC Insulation Tape.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Suresh Shetty Country flag representing In Managing Director06-Jun-1972Current

Board Members (4)

NameDesignationAppointment DateStatus
Kukkuje Shetty Country flag representing In Director 11-May-1970Current
Anandram Subbaiah Country flag representing In Director 01-Aug-1974Current
Anitha Shetty Country flag representing In Director 06-Mar-1994Current
Kusuma Shetty Country flag representing In Director 06-Mar-1997Current

Financial Performance of Aspa.

Aspa Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 65.58% decrease. The company also saw a substantial improvement in profitability, with a 50.72% increase in profit. The company's net worth Soared by an impressive increase of 36.28%.

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
-65.58%
Revenue from Operations
-87.24%
Total Assets
-5.85%
Profit or Loss
50.72%
Net Worth
36.28%
EBITDA
-317.82%

What is the Ownership and Shareholding Structure of Aspa?

In 2021, Aspa 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

₹15.15 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 1.30 Cr
  • M/S S.V.R.V. & Co. : 0.10 Cr
  • Others : 0.10 Cr
  • Canara Bank : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2022Others₹0.95 MOpen
28 Feb 2019Vijaya Bank₹1.30 CrOpen
16 Jun 1986M/S S.V.R.V. & Co.₹1.00 MOpen
24 Sep 1976Canara Bank₹0.10 MOpen
30 Mar 1976Canara Bank₹0.02 MOpen

How Many Employees Work at Aspa?

Aspa has a workforce of 6 employees as of Mar 29, 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 Aspa, 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 Aspa'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 Aspa

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Aspa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.95 M with Charge ID 100650419 was registered on 29 Oct 2022.

    29 Oct 2022

  • Charges

    A charge with Vijaya Bank amounted to Rs. 13.00 M with Charge ID 100270212 was registered on 28 Feb 2019.

    28 Feb 2019

  • Director Appointment

    Kusuma Raghuram Shetty was appointed as a Director was appointed as a Director on 06 Mar 1997 & has been associated with this company since 27 years 11 months .

    06 Mar 1997

  • Director Appointment

    Anitha Suresh Shetty was appointed as a Director was appointed as a Director on 06 Mar 1994 & has been associated with this company since 30 years 11 months .

    06 Mar 1994

Frequently asked questions

  • Aspa Private Limited was incorporated on 11 May 1970.

  • The authorized share capital of Aspa Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.40 M.

  • Currently 5 directors are associated with Aspa Private Limited.

    • Kukkuje Raghurama Shetty
    • Anandram Purushotham Subbaiah
    • Suresh Naganna Shetty
    • Anitha Suresh Shetty
    • Kusuma Raghuram Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aspa Private Limited is 1/B Nanjamba Agrahara V Mainroad Chamraj Pet, India, Bangalore, Karnataka, 560018.

  • The corporate identification number (CIN) of Aspa Private Limited is U85110KA1970PTC001891 and the company number is 001891 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aspa Private Limited is https://www.aspagroup.net

  • According to the financial reports for the fiscal year 2021, the revenue trend for Aspa Private Limited has fallen by -65.58%.

  • As Per 2021 financial reports, 6 employees are currently employed by Aspa Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Aspa Private Limited has experienced an upsurge of 36.28%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Aspa Private Limited amount to ₹ 1.52 Cr.

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

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