About Assuretech Business Solutions Private Limited
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Assuretech Business Solutions Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 06 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2008PTC021989. Its GSTIN is 32AAHCA2316D1ZF (Kerala).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors Salim Mohamed Kasim (Managing Director) and Beeja Mol.
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 L – 10 (A) Thejaswini Technopark, Thiruvananthapuram, Kerala, India – 695581.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.2 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹5.35 Lakh (net margin 0.9%) and EBITDA of ₹22.56 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 15% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Assuretech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assuretech.in.
Company details
Contact details
Assuretech Business Solutions Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is assuretech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressL – 10 (A) Thejaswini Technopark, Thiruvananthapuram, Kerala, India – 695581
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Assuretech Business Solutions 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
Brands
Assuretech Business Solutions operates one associated brand: Assuretech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software for insurance operations and consultancy services. | assuretech.in |
Business activity
The main business activity of Assuretech Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Assuretech Business Solutions Private Limited, buy the company report.
Financials of Assuretech Business Solutions Private Limited
FY 2025 filings availableAssuretech Business Solutions Private Limited reported revenue of ₹6.2 Cr (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 46% growth in the latest year. EBITDA rose 138% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹22.56 Lakh | ||||
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| Net Profit (PAT) | ₹5.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Assuretech Business Solutions Private Limited, buy the company report.
Board of directors of Assuretech Business Solutions Private Limited
Assuretech Business Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Mohamed Kasim | Managing Director | 31 Aug 2019 | 7 Years 1 Months | Current |
| Beeja Mol | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Assuretech Business Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aureate Labs Private Limited | ₹6.2 Cr (FY 2025) | -21.0% | Surat, Gujarat, India | |||
| Assuretech Business Solutions Private Limitedthis company | ₹6.2 Cr (FY 2024) | ₹5.35 Lakh | 0.9% | 46.0% | 70 | Thiruvananthapuram, Kerala, India |
| Compatio India Private Limited | ₹6.19 Cr (FY 2024) | 124.0% | Ernakulam, Kerala, India | |||
| Codefire Technologies Private Limited | ₹6.16 Cr (FY 2024) | 30.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Assuretech Business Solutions Private Limited, buy the company report.
Auditor
Assuretech Business Solutions Private Limited is audited by N S SARMA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S SARMA ASSOCIATES | FY 2022 | 008018S |
Shareholding
The shareholding of Assuretech Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Assuretech Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Assuretech Business Solutions 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 Assuretech Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Assuretech Business Solutions Private Limited has a workforce of 70 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Assuretech Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCA2316D1ZF | Kerala | Active | 25 Oct 2024 |
To see the full GST registrations and return filing status of Assuretech Business Solutions Private Limited, buy the company report.
Recent activity
Assuretech Business Solutions Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Beeja Mol ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Assuretech Business Solutions is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in software development and support services, within the information technology industry. It was incorporated on 06 March 2008 (18+ years old) and is registered under CIN U72200KL2008PTC021989.
Assuretech Business Solutions has 2 current directors:
- Salim Mohamed Kasim - Managing Director
- Beeja Mol - Director
The latest financial statements of Assuretech Business Solutions 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 2015 are in the company report.
The GSTIN of Assuretech Business Solutions is 32AAHCA2316D1ZF, registered in Kerala.
The CIN (Corporate Identification Number) of Assuretech Business Solutions is U72200KL2008PTC021989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assuretech Business Solutions was incorporated on 06 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Assuretech Business Solutions by revenue are Aureate Labs Private Limited, Compatio India Private Limited, Codefire Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Beeja Mol ceased to be Additional Director on 30 Nov 2021. Beeja Mol was appointed as Director on 05 Jul 2021. Thambudayar Rangaswamy Raj Kumar ceased to be Director on 05 Jul 2021. Assuretech Business Solutions has 6 board changes on record in total.
Assuretech Business Solutions can be reached through the website assuretech.in. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Assuretech Business Solutions is at L – 10 A Thejaswini Technopark, Thiruvananthapuram, Kerala, India – 695581.
Assuretech Business Solutions operates in the information technology industry, in the software development and support services segment.
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