Asb Visa Services Private Limited
About Asb Visa Services Private Limited
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Asb Visa Services Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 18 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93000PB2019PTC049188. Its GSTIN is 03AASCA0534A1ZB (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veerpal Singh and Ajaypal Singh.
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 V.P.O Balkhurd Fatehgarh Churian Road Near Guru Nanak Dev Gurdwara, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.34 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹7.11 Lakh (net margin -30.5%) and EBITDA of -₹1.39 Lakh (EBITDA margin -6%).
Company details
Contact details
Asb Visa Services Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressV.P.O Balkhurd Fatehgarh Churian Road Near Guru Nanak Dev Gurdwara, Amritsar, Punjab, India – 143001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Asb Visa 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 Asb Visa Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Asb Visa Services Private Limited, buy the company report.
Financials of Asb Visa Services Private Limited
FY 2024 filings availableAsb Visa Services Private Limited reported revenue of ₹23.34 Lakh (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year. EBITDA fell 138% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.39 Lakh | ||||
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| Net Profit (PAT) | -₹7.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -6% | ||||
| Net Profit Margin | -30.5% | ||||
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To see the full financial statements and ratios of Asb Visa Services Private Limited, buy the company report.
Board of directors of Asb Visa Services Private Limited
Asb Visa 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 |
|---|---|---|---|---|
| Veerpal Singh | Director | 15 Feb 2022 | 4 Years 8 Months | Current |
| Ajaypal Singh Also directs: Oakmont Buzz Value India Private Limited | Director | 15 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Asb Visa Services Private Limited is audited by Vijay Mehra & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vijay Mehra & Co. | FY 2023 | 001051N |
Shareholding
The shareholding of Asb Visa Services Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Asb Visa Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asb Visa Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asb Visa Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asb Visa Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AASCA0534A1ZB | Punjab | Active | 11 Apr 2022 |
To see the full GST registrations and return filing status of Asb Visa Services Private Limited, buy the company report.
Recent activity
Asb Visa Services Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Gurbaljit Singh ceased to be Director on 16 Feb 2022.
Frequently asked questions
Asb Visa Services is an active private limited company based in Amritsar, Punjab, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 18 March 2019 (7+ years old) and is registered under CIN U93000PB2019PTC049188.
Asb Visa Services has 2 current directors:
- Veerpal Singh - Director
- Ajaypal Singh - Director
The latest financial statements of Asb Visa 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 FY 2019 are in the company report.
The GSTIN of Asb Visa Services is 03AASCA0534A1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Asb Visa Services is U93000PB2019PTC049188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asb Visa Services was incorporated on 18 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
Gurbaljit Singh ceased to be Director on 16 Feb 2022. Harjit Singh ceased to be Director on 16 Feb 2022. Ajaypal Singh was appointed as Director on 15 Feb 2022. Asb Visa Services has 5 board changes on record in total.
The registered office of Asb Visa Services is at V.P.O Balkhurd Fatehgarh Churian Road Near Guru Nanak Dev Gurdwara, Amritsar, Punjab, India – 143001.
Asb Visa Services operates in the business outsourcing industry, in the business and IT consulting segment.
Asb Visa Services can be reached at its registered office: V.P.O Balkhurd Fatehgarh Churian Road Near Guru Nanak Dev Gurdwara, Amritsar, Punjab, India – 143001.
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