Aasare Humanitarian Foundation
About Aasare Humanitarian Foundation
Data last updated:
Aasare Humanitarian Foundation is a private not for profit company based in Tumkur, Karnataka, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 13 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2021NPL153044.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Lokesh Chowdari Rathnaiah and Ramesha Narayanappa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O. B. Rathnaiah Penugonda Road Near Maramma Temple Pavagada, Tumkur, Karnataka, India – 561202.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8,391 (net margin 2.6%) and EBITDA of ₹8,391 (EBITDA margin 2.6%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O. B. Rathnaiah Penugonda Road Near Maramma Temple Pavagada, Tumkur, Karnataka, India – 561202
- IndustryNon-Profit Organizations, Social Work
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Aasare Humanitarian Foundation
The main business activity of Aasare Humanitarian Foundation is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aasare Humanitarian Foundation FY 2024 filings available
Aasare Humanitarian Foundation reported revenue of ₹3.18 Lakh (up 506% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aasare Humanitarian Foundation
Revenue rose 506% in the latest year. EBITDA rose 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Aasare Humanitarian Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹8,391 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8,391 | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Aasare Humanitarian Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.6% | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aasare Humanitarian Foundation are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Aasare Humanitarian Foundation
Aasare Humanitarian Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokesh Chowdari Rathnaiah | Director | 13 Oct 2021 | 5 Years 0 Months | Current |
| Ramesha Narayanappa | Director | 13 Oct 2021 | 5 Years 0 Months | Current |
Peer Comparison of Aasare Humanitarian Foundation
Aasare Humanitarian Foundation is compared with the companies closest to it by revenue in the same principal business activity (Other Hospital and Medical Care Activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bonozon Healthcare Private Limited | ₹3.19 Lakh (FY 2024) | •••• | •••• | -10.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| AAA Healthcares Private Limited | ₹3.19 Lakh (FY 2024) | •••• | •••• | 21.0% | •••• | Meerut, Uttar Pradesh, India |
| Mcura Mobile Health Private Limited | ₹3.19 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Gurgaon, Haryana, India |
| Bliss Gateway Solutions Private Limited | ₹3.19 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Pune, Maharashtra, India |
| Zomeds India Private Limited | ₹3.18 Lakh (FY 2019) | •••• | •••• | 593.0% | •••• | New Delhi, Delhi, India |
| Aasare Humanitarian Foundation this company | ₹3.18 Lakh (FY 2024) | •••• | •••• | 506.0% | •••• | Tumkur, Karnataka, India |
| Gabha Health Services Private Limited | ₹3.18 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| Wellart Lifesciences Private Limited | ₹3.18 Lakh (FY 2023) | •••• | •••• | 721720.0% | •••• | Karnal, Haryana, India |
| Dr. Ashwin B. Mehta Foundation | ₹3.17 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Medixty Pharma Private Limited | ₹3.17 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Hl7 Healthcare Standard Institute | ₹3.17 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Aasare Humanitarian Foundation by revenue in the same principal business activity (Other Hospital and Medical Care Activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Aasare Humanitarian Foundation
Aasare Humanitarian Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aasare Humanitarian Foundation
Employment history and EPFO contributions of people linked to Aasare Humanitarian Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aasare Humanitarian Foundation
Aasare Humanitarian Foundation has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Subbaiah Narasimhamurthy ceased to be Director on 01 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Aasare Humanitarian Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aasare Humanitarian Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aasare Humanitarian Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aasare Humanitarian Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aasare Humanitarian Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aasare Humanitarian Foundation
Aasare Humanitarian Foundation is an active private not for profit company based in Tumkur, Karnataka, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 13 October 2021 (5+ years old) and is registered under CIN U85300KA2021NPL153044.
Aasare Humanitarian Foundation reported revenue of ₹3.18 Lakh for FY 2024 (up 506% YoY).
Aasare Humanitarian Foundation has 2 current directors:
- Lokesh Chowdari Rathnaiah - Director
- Ramesha Narayanappa - Director
Aasare Humanitarian Foundation reported a net profit of ₹8,391 (net margin 2.6%) and EBITDA of ₹8,391 (EBITDA margin 2.6%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Aasare Humanitarian Foundation is U85300KA2021NPL153044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aasare Humanitarian Foundation was incorporated on 13 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aasare Humanitarian Foundation by revenue are Bonozon Healthcare Private Limited, AAA Healthcares Private Limited, Mcura Mobile Health Private Limited, Bliss Gateway Solutions Private Limited, Zomeds India Private Limited and 5 more, all in the same principal business activity (Other Hospital and Medical Care Activities).
Subbaiah Narasimhamurthy ceased to be Director on 01 Feb 2025. Lokesh Chowdari Rathnaiah was appointed as Director on 13 Oct 2021. Ramesha Narayanappa was appointed as Director on 13 Oct 2021.
The registered office of Aasare Humanitarian Foundation is at CO. B. Rathnaiah Penugonda Road Near Maramma Temple Pavagada, Tumkur, Karnataka, India – 561202.
Aasare Humanitarian Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh.
Aasare Humanitarian Foundation operates in the non-profit organizations industry, in the social work segment.