Aspire Systems (India) Private Limited

Provides software services to global clients in various industries.

1998 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Aspire Systems (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 0.61 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.20 Cr
  • Satisfied Charges ₹ 40.00 Cr
  • Revenue Growth 20.09%
  • Profit Growth 14.99%
  • Ebitda 11.86%
  • Net Worth 8.82%
  • Total Assets -2.67%

About Aspire Systems (India)

Aspire Systems (India) Private Limited (ASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 1998 and has a history of 26 years and five months. Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 0.61 M.

The company currently has active open charges totaling ₹1.20 Cr. The company has closed loans amounting to ₹40.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aspire Systems (India) Private Limited India are Vijaya Pappu as COMPANY SECRETARY and Thiruvengadam Giridharan as Cfo. Arun John and Pylore Subramanian serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300TN1998PTC046943

  • Company No.

    046943

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Aspire Systems (India) Private Limited offer?

Aspire Systems (India) Private Limited offers a wide range of products and services, including Software Development & IT Consultant, ERP Solutions, IT, Networking & Automation Solution, IT Solutions.

Who are the key members and board of directors at Aspire Systems (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Vijaya Pappu Company Secretary04-Sep-2020Current
Thiruvengadam Giridharan CFO17-Aug-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Arun John Country flag representing In Director 26-Aug-2020Current
Pylore Subramanian Country flag representing In Director 26-Aug-2020Current

Financial Performance of Aspire Systems (India).

Aspire Systems (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.09% increase. The company also saw a substantial improvement in profitability, with a 14.99% increase in profit. The company's net worth moved up by a moderate rise of 8.82%.

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
20.09%
Revenue from Operations
18.88%
Total Assets
-2.67%
Profit or Loss
14.99%
Net Worth
8.82%
EBITDA
11.86%

What is the Ownership and Shareholding Structure of Aspire Systems (India)?

In 2022, Aspire Systems (India) had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.00 M

Satisfied Charges

₹400.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2021State Bank Of India₹1.20 CrOpen
23 Aug 2011State Bank Of India₹16.20 CrSatisfied
09 Oct 2006Indian Bank₹12.30 CrSatisfied
26 May 2006Indian Bank₹4.00 CrSatisfied
26 May 2006Indian Bank₹2.50 CrSatisfied

How Many Employees Work at Aspire Systems (India)?

Unlock and access historical data on people associated with Aspire Systems (India), 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 Aspire Systems (India), 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 Aspire Systems (India)'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 Aspire Systems (India)

Recent activity within the organization

  • Annual General Meeting

    Aspire Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Thiruvengadam Giridharan was appointed as a Cfo was appointed as a Cfo on 17 Aug 2024 & has been associated with this company since 5 months 15 days .

    17 Aug 2024

  • Balance Sheet

    Aspire Systems (India) 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 State Bank Of India amounted to Rs. 12.00 M with Charge ID 100463072 was registered on 17 May 2021.

    17 May 2021

  • Charges

    A charge registered on 23 Aug 2011 via Charge ID 10383816 with State Bank Of India was fully satisfied on 19 Mar 2021.

    19 Mar 2021

  • Director Appointment

    Vijaya Saradhi Pappu was appointed as a Company Secretary was appointed as a Company Secretary on 04 Sep 2020 & has been associated with this company since 4 years 4 months .

    04 Sep 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Aspire Systems (India) Private Limited was incorporated on 04 Aug 1998.

  • The authorized share capital of Aspire Systems (India) Private Limited is ₹ 3.50 M and paid-up capital is ₹ 0.61 M.

  • Currently 4 directors are associated with Aspire Systems (India) Private Limited.

    • Arun John
    • Vijaya Saradhi Pappu
    • Thiruvengadam Giridharan
    • Pylore Sridhar Subramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aspire Systems (India) Private Limited is Old No.4 New No.7 Ii Trustlink Road Mandaveli, India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Aspire Systems (India) Private Limited is U40300TN1998PTC046943 and the company number is 046943 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aspire Systems (India) Private Limited is https://www.aspiresys.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aspire Systems (India) Private Limited has risen by 20.09%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aspire Systems (India) Private Limited has experienced an upsurge of 8.82%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Aspire Systems (India) Private Limited amount to ₹ 1.20 Cr.

  • The most recent Balance Sheet for Aspire Systems (India) Private Limited was filed with the ROC on 31 Mar 2024.

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