Ashone Technologies Private Limited

Ashone Technologies Private Limited - professional services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2018PTC307834 Incorporated 11 April 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company professional services DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹1.27 Cr
▲ 72% YoY
Net profit · FY 2024
₹25.52 Lakh
Net margin 20.1%
EBITDA · FY 2024
₹25.52 Lakh
EBITDA margin 20.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings

About Ashone Technologies Private Limited

Data last updated:

Ashone Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the technical services segment of the professional services sector. It was incorporated on 11 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC307834. Its GSTIN is 27AAQCA7708Q1ZS (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ashone Solar Solutions Private Limited. It is led by directors Ashok Vasantlal Kewat and Neelam Ashok Kewat.

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 F – 1/302 Bhoomi Park – 2 Chs Ltd Off Marve Road Bhd Bafhira Ngr Malad (West), Mumbai, Maharashtra, India – 400095.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.27 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹25.52 Lakh (net margin 20.1%) and EBITDA of ₹25.52 Lakh (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 204% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

Ashone Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0107024).

Company details

CIN U74999MH2018PTC307834
Registration Number 307834
Incorporation Date 11 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0107024

Recognitions & Rankings of Ashone Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0107024

Contact details

Ashone Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    F – 1/302 Bhoomi Park – 2 Chs Ltd Off Marve Road Bhd Bafhira Ngr Malad (West), Mumbai, Maharashtra, India – 400095
  • Industry
    Professional Services, Technical, Personal, Scientific

To see the full contact details of Ashone Technologies Private Limited, buy the company report.

Comprehensive company report
Ashone Technologies 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 Ashone Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Ashone Technologies Private Limited, buy the company report.

Financials of Ashone Technologies Private Limited

FY 2024 filings available

Ashone Technologies Private Limited reported revenue of ₹1.27 Cr (up 72% YoY) for FY 2024.

Revenue · FY 2024
₹1.27 Cr ▲ 72%
Net profit · FY 2024
₹25.52 Lakh margin 20.1%
EBITDA · FY 2024
₹25.52 Lakh margin 20.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 70%
5 years · compounded
▲ 204%
EBITDA CAGR growth
1 year
▲ 437%
3 years · compounded
▲ 49%
5 years · compounded
▲ 86%

Revenue has grown at a compounded annual rate (CAGR) of 204% over five years, including 72% growth in the latest year. EBITDA rose 437% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹25.52 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹25.52 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.1%
Net Profit Margin20.1%
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

To see the full financial statements and ratios of Ashone Technologies Private Limited, buy the company report.

Board of directors of Ashone Technologies Private Limited

Ashone Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok Vasantlal KewatDirector11 Apr 20188 Years 6 MonthsCurrent
Neelam Ashok KewatDirector11 Apr 20188 Years 6 MonthsCurrent

Auditor

Ashone Technologies Private Limited is audited by ASHISHSATYANDRASINHA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASHISHSATYANDRASINHAFY 2023178872

Shareholding

The shareholding of Ashone Technologies 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 categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ashone Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ashone Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ashone Technologies Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Ashone Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAQCA7708Q1ZSMaharashtraActive17 Jul 2018

To see the full GST registrations and return filing status of Ashone Technologies Private Limited, buy the company report.

Recent activity

Ashone Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ashok Vasantlal Kewat was appointed as Director on 11 Apr 2018.

AGM
Ashone Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ashone Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Ashok Vasantlal Kewat was appointed as Director.
Appointed
Neelam Ashok Kewat was appointed as Director.
Incorporation
11 Apr 2018
Ashone Technologies Private Limited was registered on 11 Apr 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.

Frequently asked questions

Ashone Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in technical, within the professional services industry. It was incorporated on 11 April 2018 (8+ years old) and is registered under CIN U74999MH2018PTC307834.

Ashone Technologies has 2 current directors:

The latest financial statements of Ashone Technologies 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 Ashone Technologies is 27AAQCA7708Q1ZS, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ashone Technologies is U74999MH2018PTC307834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashone Technologies was incorporated on 11 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashok Vasantlal Kewat was appointed as Director on 11 Apr 2018. Neelam Ashok Kewat was appointed as Director on 11 Apr 2018.

Yes, Ashone Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Ashone Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0107024).

The registered office of Ashone Technologies is at F – 1302 Bhoomi Park – 2 Chs Ltd Off Marve Road Bhd Bafhira Ngr Malad West, Mumbai, Maharashtra, India – 400095.