Asset Infotech Limited

IT solutions, manpower consultancy, and software distribution for government and corporate clients.

2001 | Dehradun, Uttarakhand (India) | Active
Last Updated: December 07, 2024

Asset Infotech Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.28 Cr
  • Revenue Growth 22.53%
  • Profit Growth 134.25%
  • Ebitda -9.78%
  • Net Worth 0.53%
  • Total Assets 0.02%

About Asset Infotech

Asset Infotech Limited (AIL) is a Public Limited Indian Non-Government Company incorporated in India on 07 August 2001 and has a history of 23 years and five months. Its registered office is in Dehradun, Uttarakhand, India.

The Company is engaged in the Business Outsourcing 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 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹2.28 Cr.

Piyush Mittal, Divya Mittal, and Anju Mittal serve as directors at the Company.

Company Details

  • Location

    Dehradun, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200UR2001PLC026162

  • Company No.

    026162

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Business Outsourcing
Information Technology
Education
Pharma

Who are the key members and board of directors at Asset Infotech?

Executive Team (1)

Name Designation Appointment Date Status
Piyush Mittal Country flag representing In Managing Director 07-Aug-2001 Current

Board Members (2)

Name Designation Appointment Date Status
Divya Mittal Country flag representing In Director 07-Aug-2001 Current
Anju Mittal Country flag representing In Director 02-Jan-2017 Current

Financial Performance of Asset Infotech.

Asset Infotech Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.53% increase. The company also saw a substantial improvement in profitability, with a 134.25% increase in profit. The company's net worth moved up by a moderate rise of 0.53%.

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
22.53%
Revenue from Operations
23.93%
Total Assets
0.02%
Profit or Loss
134.25%
Net Worth
0.53%
EBITDA
-9.78%

What is the Ownership and Shareholding Structure of Asset Infotech?

In 2023, Asset Infotech had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.78 Cr
  • State Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
15 Nov 2017 Others ₹1.78 Cr Open
03 Apr 2010 State Bank Of India ₹5.00 M Open

How Many Employees Work at Asset Infotech?

Asset Infotech has a workforce of 22 employees as of Mar 28, 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 Asset Infotech, 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 Asset Infotech'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 Asset Infotech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Asset Infotech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttarakhand.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 17.80 M with Charge ID 100165820 was registered on 15 Nov 2017.

    15 Nov 2017

  • Director Appointment

    Anju Mittal was appointed as a Director was appointed as a Director on 02 Jan 2017 & has been associated with this company since 8 years 29 days .

    02 Jan 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.00 M with Charge ID 10215965 was registered on 03 Apr 2010.

    03 Apr 2010

  • Director Appointment

    Piyush Kumar Mittal was appointed as a Managing Director was appointed as a Managing Director on 07 Aug 2001 & has been associated with this company since 23 years 5 months .

    07 Aug 2001

Frequently asked questions

  • Asset Infotech Limited was incorporated on 07 Aug 2001.

  • The authorized share capital of Asset Infotech Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Asset Infotech Limited.

    • Piyush Kumar Mittal
    • Divya Mittal
    • Anju Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asset Infotech Limited is 93 Subhash Road, Mkp Chowk India, Dehradun, Uttarakhand, 248001.

  • The corporate identification number (CIN) of Asset Infotech Limited is U72200UR2001PLC026162 and the company number is 026162 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asset Infotech Limited is https://www.asset.net.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Asset Infotech Limited has risen by 22.53%.

  • As Per 2022 financial reports, 22 employees are currently employed by Asset Infotech Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Asset Infotech Limited has experienced an upsurge of 0.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Asset Infotech Limited amount to ₹ 2.28 Cr.

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

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