DPIIT recognised startup Government of India
Startup India
Asktex Innovations Private Limited
Asktex Innovations Private Limited - textile in Sangli, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹6.69 Lakh
▼ 93% YoY
Net loss · FY 2024
₹1.69 Lakh
Net margin -25.2%
EBITDA · FY 2024
-₹1.53 Lakh
EBITDA margin -22.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Asktex Innovations Private Limited
Data last updated:
Asktex Innovations Private Limited is a private limited company based in Sangli, Maharashtra, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the textiles sector. It was incorporated on 27 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17299PN2021PTC201305. Its GSTIN is 27AAVCA2656E1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhavesh Rameshchandra Shah and Ravindra Jinappa Shirguppe.
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 640 – 1A – S – 3 Pushpa Raj Chk Venkatesh Senate, Sangli, Maharashtra, India – 416416.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.69 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹1.69 Lakh (net margin -25.2%) and EBITDA of -₹1.53 Lakh (EBITDA margin -22.9%).
Asktex Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0019237).
Company details
CIN U17299PN2021PTC201305
Registration Number 201305
Incorporation Date 27 May 2021
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-29-0019237
Key People
Bhavesh Rameshchandra Shah Director Ravindra Jinappa Shirguppe Director Shrikrishna Yashwant Kelkar Director Recognitions & Rankings of Asktex Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-29-0019237
Contact details
Asktex Innovations Private Limited's registered office is in Sangli, Maharashtra.
- Registered Address640 – 1A – S – 3 Pushpa Raj Chk Venkatesh Senate, Sangli, Maharashtra, India – 416416
- IndustryTextile, Manufacturing, Textile
Comprehensive company report
Asktex Innovations Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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- Legal cases, compliance and MCA filings
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Financials of Asktex Innovations Private Limited
FY 2025 filings availableAsktex Innovations Private Limited reported revenue of ₹6.69 Lakh (down 93% YoY) for FY 2024.
Revenue · FY 2024
₹6.69 Lakh ▼ 93%
Net loss · FY 2024
₹1.69 Lakh margin -25.2%
EBITDA · FY 2024
-₹1.53 Lakh margin -22.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 93%
EBITDA CAGR growth
1 year
▲ 91%
Revenue fell 93% in the latest year. EBITDA rose 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹1.53 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.69 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -22.9% | ||
| Net Profit Margin | -25.2% | ||
| 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 Asktex Innovations Private Limited, buy the company report.
Board of directors of Asktex Innovations Private Limited
Asktex Innovations has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Rameshchandra Shah Also directs: VBC Realty LLP, Virach Ventures Private Limited | Director | 27 May 2021 | 5 Years 5 Months | Current |
| Ravindra Jinappa Shirguppe Also directs: Swasmin Wellness Private Limited, Rajkiran Mills LLP | Director | 27 May 2021 | 5 Years 5 Months | Current |
| Shrikrishna Yashwant Kelkar Also directs: Kelkar Kul-Samvardhan Foundation | Director | 27 May 2021 | 5 Years 5 Months | Current |
| Shrinivas Vijay Ashtekar Also directs: Swasmin Wellness Private Limited | Director | 27 May 2021 | 5 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Asktex Innovations 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 Asktex Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asktex Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCA2656E1ZF | Maharashtra | Active | 12 Jul 2021 |
To see the full GST registrations and return filing status of Asktex Innovations Private Limited, buy the company report.
Recent activity
Asktex Innovations Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Bhavesh Rameshchandra Shah was appointed as Director on 27 May 2021.
AGM
Asktex Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asktex Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Bhavesh Rameshchandra Shah was appointed as Director.
Appointed
Ravindra Jinappa Shirguppe was appointed as Director.
Appointed
Shrikrishna Yashwant Kelkar was appointed as Director.
Appointed
Shrinivas Vijay Ashtekar was appointed as Director.
Incorporation
27 May 2021
Asktex Innovations Private Limited was registered on 27 May 2021 with Roc Pune & aged 5 years 5 months as per MCA records.
Frequently asked questions
Asktex Innovations is an active private limited company based in Sangli, Maharashtra, India. The company works in manufacturing, within the textile industry. It was incorporated on 27 May 2021 (5+ years old) and is registered under CIN U17299PN2021PTC201305.
Asktex Innovations has 4 current directors:
- Bhavesh Rameshchandra Shah - Director
- Ravindra Jinappa Shirguppe - Director
- Shrikrishna Yashwant Kelkar - Director
- Shrinivas Vijay Ashtekar - Director
The latest financial statements of Asktex Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Asktex Innovations is 27AAVCA2656E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asktex Innovations is U17299PN2021PTC201305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asktex Innovations was incorporated on 27 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
Bhavesh Rameshchandra Shah was appointed as Director on 27 May 2021. Ravindra Jinappa Shirguppe was appointed as Director on 27 May 2021. Shrikrishna Yashwant Kelkar was appointed as Director on 27 May 2021. Asktex Innovations has 4 board changes on record in total.
Yes, Asktex Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Asktex Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-29-0019237).
The registered office of Asktex Innovations is at 640 – 1A – S – 3 Pushpa Raj Chk Venkatesh Senate, Sangli, Maharashtra, India – 416416.
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