MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-15-0012966
Asianplus Electricals Private Limited
Asianplus Electricals Private Limited - energy and power in Kagal, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2023
₹77.32 Lakh
▲ 364% YoY
Net loss · FY 2023
₹3.46 Lakh
Net margin -4.5%
EBITDA · FY 2023
-₹3.46 Lakh
EBITDA margin -4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Asianplus Electricals Private Limited
Data last updated:
Asianplus Electricals Private Limited is a private limited company based in Kagal, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31900PN2020PTC189457.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Avinash Pramodkumar Magdum and Ankita Krishnat Borchate.
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 C/O Yashodeep Industries P.P S.R Chougale D57 5 Star MIDC Kagal, Maharashtra, India – 416000.
As per the financials filed for FY 2023, the company reported a revenue of ₹77.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.46 Lakh (net margin -4.5%) and EBITDA of -₹3.46 Lakh (EBITDA margin -4.5%).
Asianplus Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0012966).
Company Details of Asianplus Electricals Private Limited
CIN U31900PN2020PTC189457
Registration Number 189457
Incorporation Date 28 January 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-15-0012966
Key People
Avinash Pramodkumar Magdum Additional Director Ankita Krishnat Borchate Additional Director Pramodkumar Magdum Abhishek Additional Director Recognitions & Rankings of Asianplus Electricals
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O Yashodeep Industries P.P S.R Chougale D57 5 Star MIDC Kagal, Maharashtra, India – 416000
- IndustryEnergy and Power, Power Equipment Manufacturers
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Asianplus Electricals Private Limited - one report that includes everything
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Business Activity of Asianplus Electricals Private Limited
The main business activity of Asianplus Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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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 Asianplus Electricals Private Limited FY 2025 filings available
Asianplus Electricals Private Limited reported revenue of ₹77.32 Lakh (up 364% YoY) for FY 2023.
Revenue · FY 2023
₹77.32 Lakh ▲ 364%
Net loss · FY 2023
₹3.46 Lakh margin -4.5%
EBITDA · FY 2023
-₹3.46 Lakh margin -4.5%
Compounded Annual Growth Rate (CAGR) of Asianplus Electricals Private Limited
Revenue CAGR growth
1 year
▲ 364%
EBITDA CAGR growth
1 year
▼ 121%
Revenue rose 364% in the latest year. EBITDA fell 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Asianplus Electricals Private Limited
| Metrics | 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 | -₹3.46 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.46 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 Asianplus Electricals Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.5% | •••• | •••• | •••• |
| Net Profit Margin | -4.5% | •••• | •••• | •••• |
| 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 Asianplus Electricals are in the company report.
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Financial statements from FY 2020
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 Asianplus Electricals Private Limited
Asianplus Electricals has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Pramodkumar Magdum | Additional Director | 18 Sep 2021 | 5 Years 1 Months | Current |
| Ankita Krishnat Borchate Also directs: Inspirezest (OPC) Private Limited | Additional Director | 18 Sep 2021 | 5 Years 1 Months | Current |
| Pramodkumar Magdum Abhishek | Additional Director | 18 Sep 2021 | 5 Years 1 Months | Current |
Peer Comparison of Asianplus Electricals Private Limited
Asianplus Electricals Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venkateshwara Technocom Private Limited | ₹77.94 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | Jaipur, Rajasthan, India |
| Manpur Electric Works Private Limited | ₹77.93 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Gaya, Bihar, India |
| Uvi Technologies Private Limited | ₹77.8 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Indore, Madhya Pradesh, India |
| Gyro Laboratories Private Limited | ₹77.68 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Ascension Innovation Private Limited | ₹77.33 Lakh (FY 2025) | •••• | •••• | 291.0% | •••• | Nashik, Maharashtra, India |
| Asianplus Electricals Private Limited this company | ₹77.32 Lakh (FY 2023) | •••• | •••• | 364.0% | •••• | Kagal, Maharashtra, India |
| Sagesurfer Online Services Private Limited | ₹77.16 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
| Zetatech Electro Private Limited | ₹77.15 Lakh (FY 2025) | •••• | •••• | •••• | South Twenty Four Parganas, West Bengal, India | |
| Laurel Energetics Private Limited | ₹77.14 Lakh (FY 2025) | •••• | •••• | 4753.0% | •••• | New Delhi, Delhi, India |
| GSS Powerserve Private Limited | ₹77.07 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hempronics Systems Private Limited | ₹76.8 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Asianplus Electricals by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Asianplus Electricals Private Limited
Asianplus Electricals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asianplus Electricals Private Limited
Employment history and EPFO contributions of people linked to Asianplus Electricals.
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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 Asianplus Electricals Private Limited
Asianplus Electricals Private Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Anil Vishnu More ceased to be Director on 04 Apr 2022.
AGM
Asianplus Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asianplus Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Anil Vishnu More ceased to be Director.
Appointed
Ankita Krishnat Borchate was appointed as Additional Director.
Appointed
Avinash Pramodkumar Magdum was appointed as Additional Director.
Appointed
Pramodkumar Magdum Abhishek was appointed as Additional Director.
Ceased
Sanjay Dhulasaheb Chougule ceased to be Director.
Ceased
Sujit Vasantrao Minchekar ceased to be Additional Director.
Appointed
Yogesh Tukaram Shinde was appointed as Director.
Incorporation
28 Jan 2020
Asianplus Electricals Private Limited was registered on 28 Jan 2020 with Roc Pune & aged 6 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Asianplus Electricals Private Limited
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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 Asianplus Electricals Private Limited
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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 Asianplus Electricals Private Limited
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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 Asianplus Electricals Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Asianplus Electricals Private Limited
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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 Asianplus Electricals Private Limited
Asianplus Electricals is an active private limited company based in Kagal, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U31900PN2020PTC189457.
Asianplus Electricals reported revenue of ₹77.32 Lakh for FY 2023 (up 364% YoY).
Asianplus Electricals has 3 current directors:
- Avinash Pramodkumar Magdum - Additional Director
- Ankita Krishnat Borchate - Additional Director
- Pramodkumar Magdum Abhishek - Additional Director
Asianplus Electricals reported a net loss of ₹3.46 Lakh (net margin -4.5%) and EBITDA of -₹3.46 Lakh (EBITDA margin -4.5%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Asianplus Electricals is U31900PN2020PTC189457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asianplus Electricals was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Asianplus Electricals by revenue are Venkateshwara Technocom Private Limited, Manpur Electric Works Private Limited, Uvi Technologies Private Limited, Gyro Laboratories Private Limited, Ascension Innovation Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Anil Vishnu More ceased to be Director on 04 Apr 2022. Ankita Krishnat Borchate was appointed as Additional Director on 18 Sep 2021. Avinash Pramodkumar Magdum was appointed as Additional Director on 18 Sep 2021. Asianplus Electricals has 7 board changes on record in total.
Yes, Asianplus Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-15-0012966).
The registered office of Asianplus Electricals is at CO Yashodeep Industries P.P S.R Chougale D57 5 Star MIDC Kagal, Maharashtra, India – 416000.
Asianplus Electricals has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.