Asg IT Solutions Private Limited
About Asg IT Solutions Private Limited
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Asg IT Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC360231.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ranjan Agrawal and Gunjan Kumar 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 D – 351 First Floor Street No – 12 Block D, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.19 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹39,900 (net margin -9.5%) and EBITDA of -₹15,440 (EBITDA margin -3.7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
Company details
Contact details
Asg IT Solutions Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 351 First Floor Street No – 12 Block D, New Delhi, Delhi, India – 110092
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Asg IT Solutions 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 Asg IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Asg IT Solutions Private Limited, buy the company report.
Financials of Asg IT Solutions Private Limited
FY 2024 filings availableAsg IT Solutions Private Limited reported revenue of ₹4.19 Lakh (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 118% 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 | -₹15,440 | ||||
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| Net Profit (PAT) | -₹39,900 | ||||
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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 | -3.7% | ||||
| Net Profit Margin | -9.5% | ||||
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To see the full financial statements and ratios of Asg IT Solutions Private Limited, buy the company report.
Board of directors of Asg IT Solutions Private Limited
Asg IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjan Agrawal | Director | 01 Feb 2024 | 2 Years 9 Months | Current |
| Gunjan Kumar Agrawal Also directs: Gsdice Solutions Private Limited | Director | 02 Sep 2020 | 6 Years 2 Months | Current |
Auditor
Asg IT Solutions Private Limited is audited by HNP & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HNP & Associates | FY 2023 | 025394N |
Shareholding
The shareholding of Asg IT Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asg IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asg IT Solutions 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 Asg IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Asg IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asg IT Solutions Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Ranjan Agrawal ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Asg IT Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 January 2020 (6+ years old) and is registered under CIN U72900DL2020PTC360231.
Asg IT Solutions has 2 current directors:
- Ranjan Agrawal - Director
- Gunjan Kumar Agrawal - Director
The latest financial statements of Asg IT Solutions 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Asg IT Solutions is U72900DL2020PTC360231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asg IT Solutions was incorporated on 14 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Ranjan Agrawal ceased to be Additional Director on 29 Sep 2024. Sanigdh Chandan ceased to be Director on 02 Feb 2024. Ranjan Agrawal was appointed as Director on 01 Feb 2024. Asg IT Solutions has 6 board changes on record in total.
The registered office of Asg IT Solutions is at D – 351 First Floor Street No – 12 Block D, New Delhi, Delhi, India – 110092.
Asg IT Solutions operates in the information technology industry, in the IT consulting and support services segment.
Asg IT Solutions can be reached at its registered office: D – 351 First Floor Street No – 12 Block D, New Delhi, Delhi, India – 110092.
Asg IT Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.
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