About Asclout Private Limited
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Asclout Private Limited is a private limited company based in Mahemdavad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC141414. Its GSTIN is 24AAPCA2524D1Z2 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Piyush Dharmendra Patil and Nikunj Natvarlal Panchal.
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 679 Behind Market Yard, Mahemdavad, Gujarat, India – 387130.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.44 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 0.1%) and EBITDA of ₹1.61 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years and 64% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asclout.net.
Company details
CIN history
Asclout has one previous CIN (Corporate Identification Number): U74999RJ2017PTC057359. The current CIN is U74999GJ2017PTC141414, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2017PTC141414 | Current |
| U74999RJ2017PTC057359 | Previous |
Contact details
Asclout Private Limited's registered office is in Mahemdavad, Gujarat. Its website is asclout.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address679 Behind Market Yard, Mahemdavad, Gujarat, India – 387130
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Asclout 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 Asclout is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Asclout Private Limited, buy the company report.
Financials of Asclout Private Limited
FY 2024 filings availableAsclout Private Limited reported revenue of ₹14.44 Cr (up 253186% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years. 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 | ₹1.61 Lakh | ||||
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| Net Profit (PAT) | ₹1.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Asclout Private Limited, buy the company report.
Board of directors of Asclout Private Limited
Asclout has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Dharmendra Patil Also directs: Nataraja Commodities Private Limited, Tradesage Ventures Private Limited, Infinus Enterprise Private Limited and 5 more | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
| Nikunj Natvarlal Panchal | Director | 01 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Asclout Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Ram Gums Private Limited | ₹14.44 Cr (FY 2024) | 52.0% | Jodhpur, Rajasthan, India | |||
| Victory Media & Publicity Services Private Limited | ₹14.44 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Omelectronics and Batteries Private Limited | ₹14.44 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| Prajash Trade Solution Private Limited | ₹14.44 Cr (FY 2022) | Pune, Maharashtra, India | ||||
| R.R.S.P. Marketing Private Limited | ₹14.44 Cr (FY 2024) | 1832.0% | Aligarh, Uttar Pradesh, India | |||
| Asclout Private Limitedthis company | ₹14.44 Cr (FY 2024) | ₹1.12 Lakh | 0.1% | 253186.0% | Mahemdavad, Gujarat, India | |
| Senso Agrotech Private Limited | ₹14.44 Cr (FY 2025) | 120.0% | Ankleshwar, Gujarat, India | |||
| G.Dass & Sons (Rexine) Private Limited | ₹14.44 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Shree Lamipack Private Limited | ₹14.44 Cr (FY 2024) | 23.0% | New Delhi, Delhi, India | |||
| Bharat Sports India Private Limited | ₹14.44 Cr (FY 2025) | 53.0% | Secunderabad, Telangana, India | |||
| Shree Raghupati Trading Private Limited | ₹14.44 Cr (FY 2024) | 11.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Asclout Private Limited, buy the company report.
Auditor
Asclout Private Limited is audited by SONI AAKASH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SONI AAKASH & CO | FY 2023 | 146070W |
Shareholding
The shareholding of Asclout 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 Asclout Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asclout 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 Asclout Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asclout has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA2524D1Z2 | Gujarat | Active | 03 Oct 2022 |
To see the full GST registrations and return filing status of Asclout Private Limited, buy the company report.
Recent activity
Asclout Private Limited has 11 board changes on record since 2022: 2 appointments and 9 cessations. The latest: Nikunj Natvarlal Panchal was appointed as Director on 01 Nov 2025.
2 earlier events are in the company report.
Frequently asked questions
Asclout is an active private limited company based in Mahemdavad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC141414.
Asclout has 2 current directors:
- Piyush Dharmendra Patil - Director
- Nikunj Natvarlal Panchal - Director
The latest financial statements of Asclout 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 2017 are in the company report.
The GSTIN of Asclout is 24AAPCA2524D1Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Asclout is U74999GJ2017PTC141414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asclout was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Asclout by revenue are Shree Ram Gums Private Limited, Victory Media & Publicity Services Private Limited, Omelectronics and Batteries Private Limited, Prajash Trade Solution Private Limited, R.R.S.P. Marketing Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Nikunj Natvarlal Panchal was appointed as Director on 01 Nov 2025. Renuka Bhagvanbhai Gangvani ceased to be Director on 01 Nov 2025. Mohammed Idrish Yusufbhai Shaikh ceased to be Director on 01 Aug 2025. Asclout has 11 board changes on record in total.
Asclout can be reached through the website asclout.net. Its registered office is in Mahemdavad, Gujarat, India.
The registered office of Asclout is at 679 Behind Market Yard, Mahemdavad, Gujarat, India – 387130.
Asclout operates in the information technology industry, in the application development and software solutions segment.
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