Aascar Ventures Private Limited
About Aascar Ventures Private Limited
Data last updated:
Aascar Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business support services segment of the business services sector. It was incorporated on 10 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51100KA2005PTC037434. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5.54 Lakh. It was formerly known as Gaea Minerals Private Limited. It is led by directors Aanya Singhvi and Sushma Singhvi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #6/142 II Floor K.B.Temple Street 7th Cross VI Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2023, the company reported a revenue of ₹45,000, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹20,446 (net margin 45.4%) and EBITDA of ₹33,509 (EBITDA margin 74.5%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 64% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#6/142 II Floor K.B.Temple Street 7th Cross VI Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryBusiness Services, Business Support Services
- 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 Aascar Ventures Private Limited
The main business activity of Aascar Ventures is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Aascar Ventures Private Limited FY 2023 filings available
Aascar Ventures Private Limited reported revenue of ₹45,000 (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Aascar Ventures Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 98% fall in the latest year. EBITDA fell 95% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Aascar Ventures Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹45,000 | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33,509 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20,446 | •••• | •••• | •••• | •••• |
| 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 Aascar Ventures Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 74.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 45.4% | •••• | •••• | •••• | •••• |
| 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 Aascar Ventures are in the company report.
Financial statements from 2015
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.
Peer Comparison of Aascar Ventures Private Limited
Aascar Ventures Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infra Trading Private Limited | ₹45,229 (FY 2017) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| King Engineers Private Limited | ₹45,220 (FY 2022) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Visen Marketing Private Limited | ₹45,200 (FY 2024) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Om Laxmi Global Ventures Private Limited | ₹45,182 (FY 2025) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| A R S Management Solutions Private Limited | ₹45,013 (FY 2018) | •••• | •••• | -76.0% | •••• | Ahmedabad, Gujarat, India |
| Aascar Ventures Private Limited this company | ₹45,000 (FY 2023) | •••• | •••• | -98.0% | •••• | Bangalore, Karnataka, India |
| Gylbyte Technology Consulting Services Private Limited | ₹45,000 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| R. G. Cropcare Private Limited | ₹45,000 (FY 2025) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Parco Traders Pvt Ltd | ₹45,000 (FY 2023) | •••• | •••• | -97.0% | •••• | Kolkata, West Bengal, India |
| S K J Infrastructure Private Limited | ₹45,000 (FY 2025) | •••• | •••• | 17.0% | •••• | Nagpur, Maharashtra, India |
| Top Class Financial Management Private Limited | ₹45,000 (FY 2021) | •••• | •••• | -89.0% | •••• | Siliguri, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Aascar Ventures by revenue in the Business Services industry (Business Auxiliary Services, Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aascar Ventures Private Limited
Aascar Ventures Private Limited is audited by CA. K V Swapna Priya for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CA. K V Swapna Priya | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aascar Ventures Private Limited
Aascar Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aanya Singhvi | Director | 18 Mar 2018 | 8 Years 6 Months | Current |
| Sushma Singhvi | Director | 25 Feb 2007 | 19 Years 7 Months | Current |
Ownership and Shareholding of Aascar Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aascar Ventures Private Limited
Aascar Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aascar Ventures Private Limited
Employment history and EPFO contributions of people linked to Aascar Ventures.
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.
CIN History of Aascar Ventures Private Limited
Aascar Ventures has one previous CIN (Corporate Identification Number): U13100KA2005PTC037434. The current CIN is U51100KA2005PTC037434, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100KA2005PTC037434 | Current |
| U13100KA2005PTC037434 | Previous |
Recent Activity on Aascar Ventures Private Limited
Aascar Ventures Private Limited has 8 board changes on record since 2007: 5 appointments and 3 cessations. The latest: Rajendra Kumar Surana ceased to be Director on 04 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Aascar Ventures Private Limited
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 Aascar Ventures Private Limited
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 Aascar Ventures Private Limited
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 Aascar Ventures Private Limited
Aascar Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Aascar Ventures Private Limited
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 Aascar Ventures Private Limited
Aascar Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 10 October 2005 (21+ years old) and is registered under CIN U51100KA2005PTC037434.
Aascar Ventures reported revenue of ₹45,000 for FY 2023 (down 98% YoY).
Aascar Ventures has 2 current directors:
- Aanya Singhvi - Director
- Sushma Singhvi - Director
Aascar Ventures reported a net profit of ₹20,446 (net margin 45.4%) and EBITDA of ₹33,509 (EBITDA margin 74.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aascar Ventures is -77% over three years and -64% over five years. In the latest year (FY 2023) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
No. Aascar Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aascar Ventures is U51100KA2005PTC037434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aascar Ventures was incorporated on 10 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aascar Ventures by revenue are Infra Trading Private Limited, King Engineers Private Limited, Visen Marketing Private Limited, Om Laxmi Global Ventures Private Limited, A R S Management Solutions Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services, Consulting Services).
Rajendra Kumar Surana ceased to be Director on 04 Apr 2018. Rajendra Ramniklal Shah ceased to be Director on 04 Apr 2018. Aanya Singhvi was appointed as Director on 18 Mar 2018. Aascar Ventures has 8 board changes on record in total.
The registered office of Aascar Ventures is at #6142 II Floor K.B.Temple Street 7th Cross VI Block Rajajinagar, Bangalore, Karnataka, India – 560010.