About Assa Abloy India Private Limited
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Assa Abloy India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Assa Abloy Asia Holding Ab. It operates in the security products segment of the manufacturing sector. It was incorporated on 05 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28993MH2005PTC155169. Its GSTIN is 27AAFCA3045B1Z8 (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors including Amit Anand Athalye and Mauro Felice.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ecostar 11th Floor 1104 – 1105 Vishweshwar Nagar Off Aarey Road Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.73 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹72.7 Lakh (net margin -9.4%) and EBITDA of -₹81.4 Lakh (EBITDA margin -10.5%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 42% over five years.
The company has about 211 employees on its provident fund (EPFO) records.
Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹20.98 Cr; the latest was in March 2014. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 22 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assaabloyopeningsolutions.co.in.
Company details
Contact details
Assa Abloy India Private Limited's registered office is in Mumbai, Maharashtra. Its website is assaabloyopeningsolutions.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressEcostar 11th Floor 1104 – 1105 Vishweshwar Nagar Off Aarey Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryManufacturing, Security Products
To see the full contact details of Assa Abloy India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Assa Abloy India is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Assa Abloy India Private Limited, buy the company report.
Financials of Assa Abloy India Private Limited
FY 2025 filings availableAssa Abloy India Private Limited reported revenue of ₹7.73 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 42%. EBITDA fell 333% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹81.4 Lakh | ||||
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| Net Profit (PAT) | -₹72.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -10.5% | ||||
| Net Profit Margin | -9.4% | ||||
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To see the full financial statements and ratios of Assa Abloy India Private Limited, buy the company report.
Board of directors of Assa Abloy India Private Limited
Assa Abloy India has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Anand Athalye | Director | 28 May 2021 | 5 Years 4 Months | Current |
| Mauro Felice Also directs: Assa Abloy Opening Solutions India Private Limited | Director | 28 May 2021 | 5 Years 4 Months | Current |
| Ramankumar Koul | Director | 06 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Assa Abloy India Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2023 | 121750W |
Shareholding
The shareholding of Assa Abloy India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Assa Abloy India Private Limited, buy the company report.
Deals & funding
Assa Abloy India Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹20.98 Cr; the latest was in March 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹9.98 Cr | Investors: ASSA Abloy Asia Holdings AB |
| Jan 2012 | Funding round | ₹10 Cr | Investors: ASSA Abloy Asia Holdings AB |
| Dec 2007 | Funding round | ₹1 Cr | Investors: ASSA Abloy Asia Holdings AB |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Assa Abloy India Private Limited has 9 court cases on record: 8 filed by Assa Abloy India, 1 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 2 |
| High courts | 2 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Court case (COMI) | Filed by the company against individuals | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Assa Abloy India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Assa Abloy India Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 22 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Upayas Infotech Private Limited | |||
| an individual supplier | |||
| Eagle Tradelinks Private Limited |
To see the full MSME payment records of Assa Abloy India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Assa Abloy India Private Limited has a workforce of 211 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Assa Abloy India has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA3045B1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCA3045B1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Assa Abloy India Private Limited, buy the company report.
Recent activity
Assa Abloy India Private Limited has 19 board changes on record since 2011: 3 appointments and 16 cessations. The latest: Amit Anand Athalye ceased to be Additional Director on 30 Nov 2021.
10 earlier events are in the company report.
Frequently asked questions
Assa Abloy India is an active private limited company based in Mumbai, Maharashtra, India. The company works in security products, within the manufacturing industry. It was incorporated on 05 August 2005 (21+ years old) and is registered under CIN U28993MH2005PTC155169.
Assa Abloy India has 3 current directors:
- Amit Anand Athalye - Director
- Mauro Felice - Director
- Ramankumar Koul - Director
The latest financial statements of Assa Abloy India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Assa Abloy India is 27AAFCA3045B1Z8, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAFCA3045B1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Assa Abloy India is U28993MH2005PTC155169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assa Abloy India has 9 court cases on record: 8 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Assa Abloy India was incorporated on 05 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Assa Abloy India has 3 deals on record (3 funding rounds), with disclosed funding of ₹20.98 Cr; the latest was in March 2014.
Amit Anand Athalye ceased to be Additional Director on 30 Nov 2021. Mauro Felice ceased to be Additional Director on 30 Nov 2021. Amit Anand Athalye was appointed as Director on 28 May 2021. Assa Abloy India has 19 board changes on record in total.
Assa Abloy India has 6 MSME Form 1 returns on record between 2019 and 2021, listing 22 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Oct 2021.
Assa Abloy India can be reached through the website assaabloyopeningsolutions.co.in. Its registered office is in Mumbai, Maharashtra, India.