Asti India Private Limited

Asti India Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29309GJ2017FTC126090 Incorporated 21 August 2017 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Foreign Private Limited Company information technology MSME · Medium
Data last updated
Revenue · FY 2025
₹118.71 Cr
▼ 1% YoY
Net loss · FY 2025
₹4.89 Cr
Net margin -4.1%
EBITDA · FY 2025
₹1.16 Cr
EBITDA margin 1%
Authorised capital
₹80 Cr
Registered with MCA
Paid-up capital
₹75 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
51
Provident fund records
Directors on board
3
As per MCA filings

About Asti India Private Limited

Data last updated:

Asti India Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Asti Corporation, Japan. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2017FTC126090. Its GSTIN is 24AAPCA9379N1ZQ (Gujarat).

The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹75 Cr. It is led by directors including Yohsuke Suzuki (Managing Director) and Atsuhiko Hatano.

Its last annual general meeting (AGM) was held on 22 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹118.71 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹4.89 Cr (net margin -4.1%) and EBITDA of ₹1.16 Cr (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years and 161% over five years.

The company has about 51 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ASTI Electronics. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹34.7 Cr; the latest was in November 2018. The company has 9 MSME Form 1 returns on record between 2020 and 2022, listing 14 overdue payments to 6 micro and small suppliers.

Asti India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0016986). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astiindia.com.

Company details

CIN U29309GJ2017FTC126090
Registration Number 126090
Incorporation Date 21 August 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Asti Corporation, Japan
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-05-0016986

CIN history

Asti India has one previous CIN (Corporate Identification Number): U29309HR2017FTC070415. The current CIN is U29309GJ2017FTC126090, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29309GJ2017FTC126090Current
U29309HR2017FTC070415Previous
Key People
Yohsuke Suzuki Managing Director Atsuhiko Hatano Director Yukio Natsume Additional Director

Recognitions & Rankings of Asti India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-05-0016986

Contact details

Asti India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is astiindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    astiindia.com
  • Registered Address
    Plot No. 75 Ukardi Japanese Industrial Zone Ukardi Taluka – Mandal District – Ahmedaba, D, Ahmedabad, Gujarat, India – 382120
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Asti India Private Limited, buy the company report.

Comprehensive company report
Asti India 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

Asti India operates one associated brand: ASTI Electronics. Each brand links to its own profile.

BrandDescriptionWebsite
ASTI Electronics
Manufactures and supplies electronic components to OEMs.astiindia.com

Business activity

The main business activity of Asti India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Asti India Private Limited, buy the company report.

Financials of Asti India Private Limited

FY 2025 filings available

Asti India Private Limited reported revenue of ₹118.71 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹118.71 Cr ▼ 1%
Net loss · FY 2025
₹4.89 Cr margin -4.1%
EBITDA · FY 2025
₹1.16 Cr margin 1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 108%
5 years · compounded
▲ 161%
EBITDA CAGR growth
1 year
▼ 64%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 161%. EBITDA fell 64% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹118.71 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.16 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.89 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1%
Net Profit Margin-4.1%
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 Asti India Private Limited, buy the company report.

Board of directors of Asti India Private Limited

Asti India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Atsuhiko Hatano
Also directs: Asti Electronics India Private Limited
Director02 Aug 20215 Years 2 MonthsCurrent
Yohsuke SuzukiManaging Director26 Mar 20233 Years 7 MonthsCurrent
Yukio NatsumeAdditional Director16 Dec 20250 Years 10 MonthsCurrent
View all directors

Auditor

Asti India Private Limited is audited by S R B C & CO LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
S R B C & CO LLPFY 2025324982E/E300003

Shareholding

The shareholding of Asti India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asti India Private Limited, buy the company report.

Deals & funding

Asti India Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹34.7 Cr; the latest was in November 2018.

Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹34.7 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2018Rights issue₹40 CrInvestors: Asti Corporation
Jan 2018Funding round₹34.7 CrInvestors: Asti Corporation

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

MSME payment delays

Asti India Private Limited has 9 MSME Form 1 returns on record between 2020 and 2022, listing 14 overdue payments to 6 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 (5 of 6)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
NSW India Limited
Tokyo Ryokan Private Limited

To see the full MSME payment records of Asti India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Asti India Private Limited has a workforce of 51 employees on its EPFO records as of Sep 09, 2025, across 1 active EPFO establishment.

Employee count
51
Active EPFO establishments
1
Employee growth
4.08%

GST

Asti India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAPCA9379N1ZQGujaratActive22 Dec 2017

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

Recent activity

Asti India Private Limited has 14 board changes on record since 2017: 5 appointments and 9 cessations. The latest: Yukio Natsume was appointed as Additional Director on 16 Dec 2025.

Appointed
Yukio Natsume was appointed as Additional Director.
AGM
Asti India Private Limited last Annual general meeting of members was held on 22 Jul 2025 as per latest MCA records.
Filing
Asti India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Yohsuke Suzuki ceased to be Additional Director.
Appointed
Yohsuke Suzuki was appointed as Managing Director.
Appointed
Yohsuke Suzuki was appointed as Managing Director.
Ceased
Jayesh Laxmanbhai Bhavsar ceased to be Company Secretary.
Ceased
Atsuhiko Hatano ceased to be Additional Director.
Ceased
Mikio Uehira ceased to be Director.
Ceased
Nobukazu Suzuki ceased to be Director.
Appointed
Atsuhiko Hatano was appointed as Director.
Ceased
Susumu Watanabe ceased to be Managing Director.

5 earlier events are in the company report.

Frequently asked questions

Asti India is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN U29309GJ2017FTC126090.

Asti India has 3 current directors:

The latest financial statements of Asti India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 July 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Asti India is 24AAPCA9379N1ZQ, registered in Gujarat.

The CIN (Corporate Identification Number) of Asti India is U29309GJ2017FTC126090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asti India was incorporated on 21 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Asti India has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹34.7 Cr; the latest was in November 2018.

Yukio Natsume was appointed as Additional Director on 16 Dec 2025. Yohsuke Suzuki ceased to be Additional Director on 30 Mar 2023. Yohsuke Suzuki was appointed as Managing Director on 26 Mar 2023. Asti India has 14 board changes on record in total.

Yes, Asti India is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0016986).

Asti India has 9 MSME Form 1 returns on record between 2020 and 2022, listing 14 overdue payments to 6 micro and small suppliers. The latest return was filed on 06 Nov 2023.

Asti India can be reached through the website astiindia.com. Its registered office is in Ahmedabad, Gujarat, India.