Asksid Technology Solutions Private Limited

Asksid Technology Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2016PTC098512 Incorporated 15 December 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2024
₹3.45 Cr
▼ 23% YoY
Net loss · FY 2024
₹15.12 Lakh
Net margin -4.4%
EBITDA · FY 2024
-₹13.82 Lakh
EBITDA margin -4%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹21.53 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Asksid Technology Solutions Private Limited

Data last updated:

Asksid Technology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 December 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC098512. Its GSTIN is 29AAOCA9991K2ZK (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹21.53 Lakh. It is led by directors Anupam Sinha and Samkit Rajendra Gandhi.

Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.45 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹15.12 Lakh (net margin -4.4%) and EBITDA of -₹13.82 Lakh (EBITDA margin -4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.

The company is associated with 1 brand: AskSid. The company has 5 deals on record (2 convertible or debt financings, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.7 Cr; the latest was in July 2022. Its 7 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 4 smaller; the largest is CML Media Softwares Private Limited with revenue of ₹3.45 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asksid.ai.

Company details

CIN U72900KA2016PTC098512
Registration Number 098512
Incorporation Date 15 December 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Asksid Technology Solutions

DPIIT recognised startup Government of India
Startup India

Contact details

Asksid Technology Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is asksid.ai. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Eastland Citadel Ground & Mezzanine Floor 102, Hosur Main Road Kaveri Layout S. G. Palya, Bangalore, Karnataka, India – 560029
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Asksid Technology Solutions Private Limited, buy the company report.

Comprehensive company report
Asksid Technology Solutions 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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Brands

Asksid Technology Solutions operates one associated brand: AskSid. Each brand links to its own profile.

BrandDescriptionWebsite
AI based conversational platform for accelerated Conversionsasksid.ai

Business activity

The main business activity of Asksid Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Asksid Technology Solutions Private Limited, buy the company report.

Financials of Asksid Technology Solutions Private Limited

FY 2025 filings available

Asksid Technology Solutions Private Limited reported revenue of ₹3.45 Cr (down 23% YoY) for FY 2024.

Revenue · FY 2024
₹3.45 Cr ▼ 23%
Net loss · FY 2024
₹15.12 Lakh margin -4.4%
EBITDA · FY 2024
-₹13.82 Lakh margin -4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 1%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 92%
3 years · compounded
▼ 31%
5 years · compounded
▼ 91%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 92% 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-₹13.82 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.12 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 Margin-4%
Net Profit Margin-4.4%
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 Asksid Technology Solutions Private Limited, buy the company report.

Board of directors of Asksid Technology Solutions Private Limited

Asksid Technology Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Peer comparison

Asksid Technology Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
CML Media Softwares Private Limited₹3.45 Cr (FY 2025)-13.0%Chennai, Tamil Nadu, India
Appmix Technologies Private Limited₹3.45 Cr (FY 2024)21.0%Mumbai, Maharashtra, India
Xperto Marketing Solutions Private Limited₹3.45 Cr (FY 2017)576.0%Ner Chowk, Himachal Pradesh, India
Asksid Technology Solutions Private Limitedthis company₹3.45 Cr (FY 2024)-₹15.12 Lakh-4.4%-23.0%Bangalore, Karnataka, India
Dias Solutions Private Limited₹3.45 Cr (FY 2025)50.0%Chennai, Tamil Nadu, India
Minkasupay India Private Limited₹3.45 Cr (FY 2024)Tiruvallur, Tamil Nadu, India
Codevian Technologies Private Limited₹3.44 Cr (FY 2025)8.0%Pune, Maharashtra, India
Conmutar Shuttle Services Private Limited₹3.44 Cr (FY 2019)-1.0%Hyderabad, Telangana, India

To see the full peer comparison of Asksid Technology Solutions Private Limited, buy the company report.

Auditor

Asksid Technology Solutions Private Limited is audited by ADITHYA AND VISHWAS for the financial year 2022.

Auditor firmFinancial yearFirm registration number
ADITHYA AND VISHWASFY 2022008943S

Shareholding

The shareholding of Asksid Technology Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asksid Technology Solutions Private Limited, buy the company report.

Deals & funding

Asksid Technology Solutions Private Limited has 5 deals on record (2 convertible or debt financings, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.7 Cr; the latest was in July 2022.

Total deals
5
Convertible or debt financings
2
Rights issue
1
Secondary share transfer
1
Funding round
1
Disclosed funding
₹1.7 Cr

Deals on record (3 of 5)

WhenDealAmountParties
Jul 2022Rights issue₹1.53 CrInvestors: Augumi Pte. Limited
Mar 2022Secondary share transferUndisclosedBuyer: Augumi Pte. Limited
Seller: an individual
Feb 2017Funding round₹15 LakhInvestors: 2 individuals

To see the full deal history of Asksid Technology Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Asksid Technology Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Digimafia Media Private Limited

To see the full MSME payment records of Asksid Technology Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Asksid Technology Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAOCA9991K2ZKKarnatakaActive11 Aug 2017

To see the full GST registrations and return filing status of Asksid Technology Solutions Private Limited, buy the company report.

Recent activity

Asksid Technology Solutions Private Limited has 7 board changes on record since 2022: 2 appointments and 5 cessations. The latest: Anupam Sinha ceased to be Additional Director on 29 Sep 2022.

AGM
Asksid Technology Solutions Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Filing
Asksid Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anupam Sinha ceased to be Additional Director.
Ceased
Samkit Rajendra Gandhi ceased to be Additional Director.
Appointed
Anupam Sinha was appointed as Director.
Ceased
Dinesh Kumar Sharma ceased to be Director.
Ceased
Rajappa Radha ceased to be Director.
Appointed
Samkit Rajendra Gandhi was appointed as Director.
Ceased
Sanjoy Roy ceased to be Director.
Incorporation
15 Dec 2016
Asksid Technology Solutions Private Limited was registered on 15 Dec 2016 with Roc Bangalore & aged 9 years 10 months as per MCA records.

Frequently asked questions

Asksid Technology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 December 2016 (10+ years old) and is registered under CIN U72900KA2016PTC098512.

Asksid Technology Solutions has 2 current directors:

The latest financial statements of Asksid Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Asksid Technology Solutions is 29AAOCA9991K2ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Asksid Technology Solutions is U72900KA2016PTC098512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asksid Technology Solutions was incorporated on 15 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Asksid Technology Solutions has 5 deals on record (2 convertible or debt financings, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.7 Cr; the latest was in July 2022.

The peers of Asksid Technology Solutions by revenue are CML Media Softwares Private Limited, Appmix Technologies Private Limited, Xperto Marketing Solutions Private Limited, Dias Solutions Private Limited, Minkasupay India Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).

Anupam Sinha ceased to be Additional Director on 29 Sep 2022. Samkit Rajendra Gandhi ceased to be Additional Director on 29 Sep 2022. Anupam Sinha was appointed as Director on 09 Jun 2022. Asksid Technology Solutions has 7 board changes on record in total.

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

Asksid Technology Solutions has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Oct 2022.

Asksid Technology Solutions can be reached through the website asksid.ai. Its registered office is in Bangalore, Karnataka, India.