MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0002040
Asa Holdings Private Limited
Asa Holdings Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.69 Cr
▼ 29% YoY
Net profit · FY 2025
₹14.64 Cr
Net margin 311.8%
EBITDA · FY 2025
₹2.83 Cr
EBITDA margin 60.2%
Authorised capital
₹28.65 Cr
Registered with MCA
Paid-up capital
₹10.01 Cr
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Asa Holdings Private Limited
Data last updated:
Asa Holdings Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 29 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2004PTC033851. Its GSTIN is 29AAECA7320E1ZX (Karnataka).
The company has an authorised share capital of ₹28.65 Cr and a paid-up capital of ₹10.01 Cr. It is led by directors including Shalini Jalan and Sudhir Jalan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.69 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹14.64 Cr (net margin 311.8%) and EBITDA of ₹2.83 Cr (EBITDA margin 60.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 20% over five years.
Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it.
Asa Holdings Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002040). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70200KA2004PTC033851
Registration Number 033851
Incorporation Date 29 April 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0002040
CIN history
Asa Holdings has one previous CIN (Corporate Identification Number): U64990KA2004PTC033851. The current CIN is U70200KA2004PTC033851, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200KA2004PTC033851 | Current |
| U64990KA2004PTC033851 | Previous |
Recognitions & Rankings of Asa Holdings
Contact details
Asa Holdings Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressII Floor Block B Niton, No 11/3 Palace Road, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Asa Holdings Private Limited, buy the company report.
Comprehensive company report
Asa Holdings Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Asa Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Asa Holdings Private Limited, buy the company report.
Financials of Asa Holdings Private Limited
FY 2025 filings availableAsa Holdings Private Limited reported revenue of ₹4.69 Cr (down 29% YoY) for FY 2025.
Revenue · FY 2025
₹4.69 Cr ▼ 29%
Net profit · FY 2025
₹14.64 Cr margin 311.8%
EBITDA · FY 2025
₹2.83 Cr margin 60.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 27%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▲ 23%
5 years · compounded
▲ 28%
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 50% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.64 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.2% | ||||
| Net Profit Margin | 311.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Asa Holdings Private Limited, buy the company report.
Board of directors of Asa Holdings Private Limited
Asa Holdings has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalini Jalan | Director | 29 Apr 2004 | 22 Years 6 Months | Current |
| Sudhir Jalan Also directs: Indraprastha Medical Corporation Limited, Neo Foods Private Limited, Dhawalgiri Holdings Pvt Ltd and 5 more | Director | 29 Apr 2004 | 22 Years 6 Months | Current |
| Jagadish Gangappa Also directs: Neo Foods Private Limited, Meenakshi Cerebrum Properties Limited, Brar Properties and Holdings Private Limited and 2 more | Director | 29 Jun 2013 | 13 Years 4 Months | Current |
| Adarsh Jalan Also directs: Neo Foods Private Limited, Meenakshi Tea Company Ltd., Meenakshi Cerebrum Properties Limited and 3 more | Director | 29 Apr 2004 | 22 Years 6 Months | Current |
Auditor
Asa Holdings Private Limited is audited by MANIAN & RAO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANIAN & RAO | FY 2019 | 001983S |
Shareholding
The shareholding of Asa Holdings Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asa Holdings Private Limited, buy the company report.
Legal cases
Asa Holdings Private Limited has 13 court cases on record: 5 filed by Asa Holdings, 8 filed against it. All cases are disposed.
Total cases
13
Filed by the company
5
Filed against the company
8
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 8 | 0 |
| District courts | 3 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by L and T Infrastructure Finance Company Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Bhoruka Power Corporation Ltd and 16 others | Disposed |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by L and T Finance Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by L and T Finance Ltd | Disposed |
To see the full case history of Asa Holdings 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 Asa Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Asa Holdings has 3 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
3
Associated companies
GST
Asa Holdings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA7320E1ZX | Karnataka | Active | 04 Jan 2018 |
To see the full GST registrations and return filing status of Asa Holdings Private Limited, buy the company report.
Recent activity
Asa Holdings Private Limited has 9 board changes on record since 2004: 4 appointments and 5 cessations. The latest: Gajendra Narayanappa ceased to be Company Secretary on 27 Aug 2019.
AGM
Asa Holdings Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Asa Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Gajendra Narayanappa ceased to be Company Secretary.
Ceased
Adarsh Jalan ceased to be Whole-Time Director.
Ceased
Manjunath Belur Shilpa ceased to be Company Secretary.
Ceased
Jagadish Gangappa ceased to be Additional Director.
Appointed
Jagadish Gangappa was appointed as Director.
Ceased
Shalini Jalan ceased to be Director.
Appointed
Adarsh Jalan was appointed as Director.
Appointed
Shalini Jalan was appointed as Director.
Appointed
Sudhir Jalan was appointed as Director.
Incorporation
29 Apr 2004
Asa Holdings Private Limited was registered on 29 Apr 2004 with Roc Bangalore & aged 22 years 6 months as per MCA records.
Frequently asked questions
Asa Holdings is an active private limited company based in Bangalore, Karnataka, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 29 April 2004 (22+ years old) and is registered under CIN U70200KA2004PTC033851.
Asa Holdings has 4 current directors:
- Shalini Jalan - Director
- Sudhir Jalan - Director
- Jagadish Gangappa - Director
- Adarsh Jalan - Director
The latest financial statements of Asa Holdings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asa Holdings is 29AAECA7320E1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Asa Holdings is U70200KA2004PTC033851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asa Holdings has 13 court cases on record: 5 filed by the company and 8 filed against it. Most are in the high courts.
Asa Holdings was incorporated on 29 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Gajendra Narayanappa ceased to be Company Secretary on 27 Aug 2019. Adarsh Jalan ceased to be Whole-Time Director on 01 Jul 2019. Manjunath Belur Shilpa ceased to be Company Secretary on 01 Jul 2018. Asa Holdings has 9 board changes on record in total.
Yes, Asa Holdings is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0002040).
The registered office of Asa Holdings is at II Floor Block B Niton, No 113 Palace Road, Bangalore, Karnataka, India – 560001.
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