Asquared Iot Private Limited

Asquared Iot Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2017PTC169046 Incorporated 22 February 2017 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2024
₹7.75 Lakh
▲ 6% YoY
Net profit · FY 2024
₹16.77 Lakh
Net margin 216.4%
EBITDA · FY 2024
₹5.42 Lakh
EBITDA margin 69.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.25 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Asquared Iot Private Limited

Data last updated:

Asquared Iot Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC169046. Its GSTIN is 27AAPCA2114D1Z2 (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.25 Lakh. It is led by directors including Kanchan Aniruddha Pant and Anand Murlidhar Deshpande.

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 Row House No. 33 Planet Millenium Near Rakshak Society Pimple Saudagar, Pune, Maharashtra, India – 411027.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.75 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹16.77 Lakh (net margin 216.4%) and EBITDA of ₹5.42 Lakh (EBITDA margin 69.9%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 22% over five years.

The company is associated with 1 brand: Asquared. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in January 2018.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website a2iot.com.

Company details

CIN U72900PN2017PTC169046
Registration Number 169046
Incorporation Date 22 February 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Asquared Iot

DPIIT recognised startup Government of India
Startup India

Contact details

Asquared Iot Private Limited's registered office is in Pune, Maharashtra. Its website is a2iot.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Row House No. 33 Planet Millenium Near Rakshak Society Pimple Saudagar, Pune, Maharashtra, India – 411027
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Asquared Iot Private Limited, buy the company report.

Comprehensive company report
Asquared Iot 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

Asquared Iot operates one associated brand: Asquared. Each brand links to its own profile.

BrandDescriptionWebsite
AI-powered edge computing solutions are provided for industrial optimization.asquared.ai

Business activity

The main business activity of Asquared Iot 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 Asquared Iot Private Limited, buy the company report.

Financials of Asquared Iot Private Limited

FY 2025 filings available

Asquared Iot Private Limited reported revenue of ₹7.75 Lakh (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹7.75 Lakh ▲ 6%
Net profit · FY 2024
₹16.77 Lakh margin 216.4%
EBITDA · FY 2024
₹5.42 Lakh margin 69.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 42%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 35%
5 years · compounded
▲ 18%

Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 94% 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₹5.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.77 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 Margin69.9%
Net Profit Margin216.4%
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 Asquared Iot Private Limited, buy the company report.

Board of directors of Asquared Iot Private Limited

Asquared Iot has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors

Auditor

Asquared Iot Private Limited is audited by GAURI BEHERE & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
GAURI BEHERE & ASSOCIATESFY 2019136334W

Shareholding

The shareholding of Asquared Iot Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Asquared Iot Private Limited, buy the company report.

Deals & funding

Asquared Iot Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in January 2018.

Total deals
1
Funding round
1
Disclosed funding
₹1 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2018Funding round₹1 CrInvestors: an individual

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

MSME payment delays

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

GST

Asquared Iot has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAPCA2114D1Z2MaharashtraActive27 Nov 2017

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

Recent activity

Asquared Iot Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Sunil Sudhakar Deshmukh ceased to be Director on 15 Jul 2021.

AGM
Asquared Iot Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asquared Iot Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Sunil Sudhakar Deshmukh ceased to be Director.
Appointed
Sunil Sudhakar Deshmukh was appointed as Director.
Appointed
Kanchan Aniruddha Pant was appointed as Director.
Appointed
Anand Murlidhar Deshpande was appointed as Director.
Appointed
Aniruddha Gopalrao Pant was appointed as Director.
Incorporation
22 Feb 2017
Asquared Iot Private Limited was registered on 22 Feb 2017 with Roc Pune & aged 9 years 8 months as per MCA records.

Frequently asked questions

Asquared Iot is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 February 2017 (9+ years old) and is registered under CIN U72900PN2017PTC169046.

Asquared Iot has 3 current directors:

The latest financial statements of Asquared Iot 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 2017 are in the company report.

The GSTIN of Asquared Iot is 27AAPCA2114D1Z2, registered in Maharashtra.

The CIN (Corporate Identification Number) of Asquared Iot is U72900PN2017PTC169046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asquared Iot was incorporated on 22 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.

Asquared Iot has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in January 2018.

Sunil Sudhakar Deshmukh ceased to be Director on 15 Jul 2021. Sunil Sudhakar Deshmukh was appointed as Director on 30 Sep 2019. Kanchan Aniruddha Pant was appointed as Director on 02 Aug 2017. Asquared Iot has 5 board changes on record in total.

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

Asquared Iot can be reached through the website a2iot.com. Its registered office is in Pune, Maharashtra, India.