Aasman Financial Services Private Limited
About Aasman Financial Services Private Limited
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Aasman Financial Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1993PTC024592. Its GSTIN is 33AAACA4684K1ZM (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Kumar Ramanlal Vakharia and Smit Vijay Vakharia.
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 D – 5 Shanthi Apartments 21 I Cross St Ttk Road, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 19.5%) and EBITDA of ₹1.81 Lakh (EBITDA margin 24.2%). Revenue has grown at a compounded annual rate (CAGR) of 45% over five years.
Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aasman Financial Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 5 Shanthi Apartments 21 I Cross St Ttk Road, Chennai, Tamil Nadu, India – 600018
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Aasman Financial Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Aasman Financial Services is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Aasman Financial Services Private Limited, buy the company report.
Financials of Aasman Financial Services Private Limited
FY 2024 filings availableAasman Financial Services Private Limited reported revenue of ₹7.45 Lakh (up 1390% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years. EBITDA rose 552% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.81 Lakh | ||||
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| Net Profit (PAT) | ₹1.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 24.2% | ||||
| Net Profit Margin | 19.5% | ||||
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To see the full financial statements and ratios of Aasman Financial Services Private Limited, buy the company report.
Board of directors of Aasman Financial Services Private Limited
Aasman Financial Services 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 |
|---|---|---|---|---|
| Smit Vijay Vakharia | Additional Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Vijay Kumar Ramanlal Vakharia Also directs: Samudaay Networks and Logistics Private Limited, Zeal Infracon Private Limited, Aveon Air Express Private Limited and 3 more | Director | 10 Jul 2024 | 2 Years 4 Months | Current |
Auditor
Aasman Financial Services Private Limited is audited by M Dinesh Kumar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M Dinesh Kumar & Co | FY 2023 | 012564S |
Shareholding
The shareholding of Aasman Financial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aasman Financial Services Private Limited, buy the company report.
Legal cases
Aasman Financial Services Private Limited has 7 court cases on record: 3 filed by Aasman Financial Services, 4 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
| High courts | 2 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Rayala Corporation Pvt. Ltd., | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by M/S.Rayala Corporation Pvt. Ltd., S.P.Arthi, A.Umashankar,D.Thirumoorthy | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Court case (RCA) | Filed by the company against an individual | Disposed |
To see the full case history of Aasman Financial Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aasman Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aasman Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA4684K1ZM | Tamil Nadu | Active | 30 Jan 2025 |
To see the full GST registrations and return filing status of Aasman Financial Services Private Limited, buy the company report.
Recent activity
Aasman Financial Services Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Jyoti Vakharia Vijay ceased to be Director on 10 Jul 2024.
Frequently asked questions
Aasman Financial Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 March 1993 (33+ years old) and is registered under CIN U65991TN1993PTC024592.
Aasman Financial Services has 2 current directors:
- Smit Vijay Vakharia - Additional Director
- Vijay Kumar Ramanlal Vakharia - Director
The latest financial statements of Aasman Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aasman Financial Services is 33AAACA4684K1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aasman Financial Services is U65991TN1993PTC024592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aasman Financial Services has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Aasman Financial Services was incorporated on 11 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
Jyoti Vakharia Vijay ceased to be Director on 10 Jul 2024. Vijay Kumar Ramanlal Vakharia was appointed as Director on 10 Jul 2024. Smit Vijay Vakharia was appointed as Additional Director on 21 Mar 2022. Aasman Financial Services has 5 board changes on record in total.
The registered office of Aasman Financial Services is at D – 5 Shanthi Apartments 21 I Cross St Ttk Road, Chennai, Tamil Nadu, India – 600018.
Aasman Financial Services operates in the financial services industry, in the diversified financial services segment.
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