About Ascorp Technoart Private Limited
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Ascorp Technoart Private Limited is a private limited company based in Kinwat, Maharashtra, India. It operates in the computer segment of the electronics sector. It was incorporated on 01 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2013PTC246552. Its GSTIN is 27AALCA9518M1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Agrawal and Sons Electronics and Computers Private Limited. It is led by directors including Mina Kirankumar Agrawal and Manoj Kirankumar Agrawal.
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 1567/86 Shiv Nagari Gokunda Taluka Kinwat, Maharashtra, India – 431811.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.53 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹70,000 (net margin -1.1%) and EBITDA of ₹8.78 Lakh (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years and 26% over five years.
The company is associated with 1 brand: Ascorp Technoart.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascorptechnoart.com.
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- Registered Address1567/86 Shiv Nagari Gokunda Taluka Kinwat, Maharashtra, India – 431811
- IndustryElectrnoics, Computer, Communication, Scientific Measuring Equipment, Electronic
- 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 of Ascorp Technoart Private Limited
The main business activity of Ascorp Technoart is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Ascorp Technoart Private Limited FY 2024 filings available
Ascorp Technoart Private Limited reported revenue of ₹65.53 Lakh (up 224% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ascorp Technoart Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 224% growth in the latest year. EBITDA rose 164% 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 Ascorp Technoart Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70,000 | •••• | •••• | •••• | •••• |
| 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 Ascorp Technoart Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• | •••• | •••• |
| 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 Ascorp Technoart 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 Ascorp Technoart Private Limited
Ascorp Technoart Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lumitech Lighting India Private Limited | ₹65.8 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Muzaffarpur, Bihar, India |
| Cargoyoki Logistics Private Limited | ₹65.72 Lakh (FY 2023) | •••• | •••• | 102.0% | •••• | Karnal, Haryana, India |
| Sairaj Lights Private Limited | ₹65.68 Lakh (FY 2019) | •••• | •••• | 44.0% | •••• | Pune, Maharashtra, India |
| Optima Lamps Private Limited | ₹65.67 Lakh (FY 2025) | •••• | •••• | 156.0% | •••• | Bangalore, Karnataka, India |
| Natraj Forklifts Private Limited | ₹65.54 Lakh (FY 2025) | •••• | •••• | 78.0% | •••• | Pune, Maharashtra, India |
| Ascorp Technoart Private Limited this company | ₹65.53 Lakh (FY 2024) | •••• | •••• | 224.0% | •••• | Kinwat, Maharashtra, India |
| Untinity Powercore Private Limited | ₹65.45 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Thane, Maharashtra, India |
| Gravton Energy Innovations Private Limited | ₹65.44 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Strong Lite Private Limited | ₹65.44 Lakh (FY 2025) | •••• | •••• | 51.0% | •••• | Malappuram, Kerala, India |
| Lola Innovations Private Limited | ₹65.3 Lakh (FY 2024) | •••• | •••• | 260.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Rida Industries Private Limited | ₹65.14 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ascorp Technoart by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Ascorp Technoart Private Limited
Ascorp Technoart Private Limited is audited by BIDWAI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BIDWAI AND ASSOCIATES | 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 Ascorp Technoart Private Limited
Ascorp Technoart has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mina Kirankumar Agrawal | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
| Manoj Kirankumar Agrawal | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
| Kirankumar Ramkishan Agrawal | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
Ownership and Shareholding of Ascorp Technoart 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 Ascorp Technoart Private Limited
Ascorp Technoart Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Ascorp Technoart Private Limited
Ascorp Technoart operates one associated brand: Ascorp Technoart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an online platform for MS-CIT test preparation courses. | ascorptechnoart.com |
Employees and EPFO Compliance at Ascorp Technoart Private Limited
Employment history and EPFO contributions of people linked to Ascorp Technoart.
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.
Recent Activity on Ascorp Technoart Private Limited
Ascorp Technoart Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Piyush Kirankumar Agrawal ceased to be Director on 20 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ascorp Technoart 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 Ascorp Technoart 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 Ascorp Technoart 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 Ascorp Technoart Private Limited
Ascorp Technoart has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA9518M1Z1 | Maharashtra | Active | 01 Jul 2017 |
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 Ascorp Technoart 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 Ascorp Technoart Private Limited
Ascorp Technoart is an active private limited company based in Kinwat, Maharashtra, India. The company works in computer, within the electronics industry. It was incorporated on 01 August 2013 (13+ years old) and is registered under CIN U72900MH2013PTC246552.
Ascorp Technoart reported revenue of ₹65.53 Lakh for FY 2024 (up 224% YoY).
Ascorp Technoart has 3 current directors:
- Mina Kirankumar Agrawal - Director
- Manoj Kirankumar Agrawal - Director
- Kirankumar Ramkishan Agrawal - Director
Ascorp Technoart reported a net loss of ₹70,000 (net margin -1.1%) and EBITDA of ₹8.78 Lakh (EBITDA margin 13.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascorp Technoart is 102% over three years and 26% over five years. In the latest year (FY 2024) revenue rose 224%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ascorp Technoart is 27AALCA9518M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ascorp Technoart is U72900MH2013PTC246552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascorp Technoart was incorporated on 01 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ascorp Technoart by revenue are Lumitech Lighting India Private Limited, Cargoyoki Logistics Private Limited, Sairaj Lights Private Limited, Optima Lamps Private Limited, Natraj Forklifts Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Piyush Kirankumar Agrawal ceased to be Director on 20 Feb 2024. Kirankumar Ramkishan Agrawal was appointed as Director on 01 Aug 2013. Manoj Kirankumar Agrawal was appointed as Director on 01 Aug 2013. Ascorp Technoart has 4 board changes on record in total.
Ascorp Technoart can be reached through the website ascorptechnoart.com. Its registered office is in Kinwat, Maharashtra, India.