About Ashtbit Technologies Private Limited
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Ashtbit Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 25 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PTC170291. Its GSTIN is 27AAGCA4609J3ZK (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ashtbit Technolgies Private Limited. It is led by directors Apul Pradeep Shukla and Kaushal Pandey.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Windsor Unit 102 122st. Cyril Road Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.62 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹18.85 Lakh (net margin -11.6%) and EBITDA of -₹19.55 Lakh (EBITDA margin -12.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashtbit Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashtbit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWindsor Unit 102 122st. Cyril Road Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryInformation Technology, Web Design & Maintenance Services, IT Consulting & Support Services, Computer Hardware Manufacturing & Retail
- 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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Associated Brands with Ashtbit Technologies Private Limited
Ashtbit Technologies operates one associated brand: Ashtbit Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers product engineering and software services to clients in technology field. | ashtbit.com |
Business Activity of Ashtbit Technologies Private Limited
The main business activity of Ashtbit Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Ashtbit Technologies Private Limited FY 2025 filings available
Ashtbit Technologies Private Limited reported revenue of ₹1.62 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashtbit Technologies Private Limited
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 166% 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 Ashtbit Technologies 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 | -₹19.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.85 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 of Ashtbit Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.6% | •••• | •••• | •••• | •••• |
| 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 Ashtbit Technologies 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.
Board of Directors of Ashtbit Technologies Private Limited
Ashtbit Technologies 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 |
|---|---|---|---|---|
| Apul Pradeep Shukla | Director | 25 Apr 2007 | 19 Years 5 Months | Current |
| Kaushal Pandey Also directs: Ashvad Tech Private Limited, Ashtbit Systems Private Limited | Director | 05 Jun 2023 | 3 Years 4 Months | Current |
Peer Comparison of Ashtbit Technologies Private Limited
Ashtbit Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Computer Hardware, Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calysto Software Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Coimbatore, Tamil Nadu, India |
| VSM Advance Automation Private Limited | ₹1.63 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Green Toners Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| LBM Infotech Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Dindori, Maharashtra, India |
| Gurukulwave Research Diatriba Private Limited | ₹1.62 Cr (FY 2022) | •••• | •••• | 295.0% | •••• | Virar, Maharashtra, India |
| Ashtbit Technologies Private Limited this company | ₹1.62 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Mumbai, Maharashtra, India |
| Lynx Computers Pvt Ltd | ₹1.62 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Web Media Tricks Private Limited | ₹1.62 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Ecommerce.Com India Private Limited | ₹1.61 Cr (FY 2017) | •••• | •••• | -11.0% | •••• | Coimbatore, Tamil Nadu, India |
| Tekonika Systems Private Limited | ₹1.6 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Micromate Peripherals and Computers (Pune) Private Limited | ₹1.6 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ashtbit Technologies by revenue in the Information Technology industry (Computer Hardware, Website Design and Maintenance), 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 Ashtbit Technologies Private Limited
Ashtbit Technologies Private Limited is audited by O R BANKIEN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| O R BANKIEN & CO | 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.
Ownership and Shareholding of Ashtbit Technologies 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 Ashtbit Technologies Private Limited
Ashtbit Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashtbit Technologies Private Limited
Ashtbit Technologies Private Limited has a workforce of 8 employees as of Apr 10, 2024.
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 Ashtbit Technologies Private Limited
Ashtbit Technologies Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Kaushal Pandey ceased to be Additional Director on 27 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Ashtbit Technologies 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 Ashtbit Technologies 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 Ashtbit Technologies 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 Ashtbit Technologies Private Limited
Ashtbit Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA4609J3ZK | Maharashtra | Active | 01 Jul 2017 |
| 09AAGCA4609J1ZK | Uttar Pradesh | 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 Ashtbit Technologies 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 Ashtbit Technologies Private Limited
Ashtbit Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 25 April 2007 (19+ years old) and is registered under CIN U72900MH2007PTC170291.
Ashtbit Technologies reported revenue of ₹1.62 Cr for FY 2024 (down 39% YoY).
Ashtbit Technologies has 2 current directors:
- Apul Pradeep Shukla - Director
- Kaushal Pandey - Director
Ashtbit Technologies reported a net loss of ₹18.85 Lakh (net margin -11.6%) and EBITDA of -₹19.55 Lakh (EBITDA margin -12.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashtbit Technologies is -4% over three years and 1% over five years. In the latest year (FY 2024) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashtbit Technologies is 27AAGCA4609J3ZK, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAGCA4609J1ZK (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ashtbit Technologies is U72900MH2007PTC170291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtbit Technologies was incorporated on 25 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashtbit Technologies by revenue are Calysto Software Private Limited, VSM Advance Automation Private Limited, Green Toners Private Limited, LBM Infotech Private Limited, Gurukulwave Research Diatriba Private Limited and 5 more, all in the Information Technology industry (Computer Hardware, Website Design and Maintenance).
Kaushal Pandey ceased to be Additional Director on 27 Aug 2023. Anil Michael Cordeiro ceased to be Director on 09 Aug 2023. Kaushal Pandey was appointed as Director on 05 Jun 2023. Ashtbit Technologies has 6 board changes on record in total.
Ashtbit Technologies can be reached through the website ashtbit.com. Its registered office is in Mumbai, Maharashtra, India.