About Astics Techlabs Private Limited
Data last updated:
Astics Techlabs Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Astics Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC099215. Its GSTIN is 24AAQCA0673A1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Daxaben Mahendrakumar Chaudhary and Mahendrakumar Umedbhai Patel.
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 D – 202 Ganesh Meradian Opp. Amiraj Farm S. G. Highway Sola Road, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹4 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹33.23 Lakh (net margin -8.3%) and EBITDA of -₹23.03 Lakh (EBITDA margin -5.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 secondary share transfer); the latest was in March 2018. Its 10 peer companies in the Information Technology industry (Database Management) are compared by revenue, 5 larger and 5 smaller; the largest is Benzara E-Commerce India Private Limited with revenue of ₹4.06 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asticsinc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 202 Ganesh Meradian Opp. Amiraj Farm S. G. Highway Sola Road, Ahmedabad, Gujarat, India – 380060
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Astics Techlabs Private Limited
The main business activity of Astics Techlabs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Astics Techlabs Private Limited FY 2025 filings available
Astics Techlabs Private Limited reported revenue of ₹4 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Astics Techlabs Private Limited
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 211% 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 of Astics Techlabs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹23.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33.23 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 of Astics Techlabs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Astics Techlabs are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Astics Techlabs Private Limited
Astics Techlabs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Benzara E-Commerce India Private Limited | ₹4.06 Cr (FY 2022) | •••• | •••• | 19.0% | •••• | Gurgaon, Haryana, India |
| S-Square Data Systems Private Limited | ₹4.06 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Ikon Business Process Solutions Private Limited | ₹4.06 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Navi Mumbai, Maharashtra, India |
| Cascades Data Solutions Dba Infomatics India Private Limited | ₹4.03 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mangalore, Karnataka, India |
| Techknomatic Services Private Limited | ₹4.02 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Pune, Maharashtra, India |
| Astics Techlabs Private Limited this company | ₹4 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Ahmedabad, Gujarat, India |
| Pronix IT Solutions Private Limited | ₹4 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chekkapalli, Andhra Pradesh, India |
| Dataism Services Private Limited | ₹3.98 Cr (FY 2024) | •••• | •••• | 226.0% | •••• | Pune City, Maharashtra, India |
| Saleslift Technologies Private Limited | ₹3.98 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hoare Miller and Co Ltd | ₹3.98 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Brand Threat Analytics Private Limited | ₹3.97 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Astics Techlabs by revenue in the Information Technology industry (Database Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Astics Techlabs Private Limited
Astics Techlabs Private Limited is audited by JEEVAN JAGETIYA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JEEVAN JAGETIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Astics Techlabs Private Limited
Astics Techlabs has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daxaben Mahendrakumar Chaudhary Also directs: Terotam Techlabs Private Limited | Director | 09 Jun 2018 | 8 Years 3 Months | Current |
| Mahendrakumar Umedbhai Patel Also directs: Terotam Techlabs Private Limited | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
| Vrushti Sandipbhai Shah | Director | 02 Sep 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Astics Techlabs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Astics Techlabs Private Limited
Astics Techlabs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Astics Techlabs Private Limited
Astics Techlabs Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Astics Techlabs Private Limited
Astics Techlabs Private Limited has a workforce of 13 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Astics Techlabs Private Limited
Astics Techlabs Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Vrushti Sandipbhai Shah was appointed as Director on 02 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Astics Techlabs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Astics Techlabs Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Astics Techlabs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Astics Techlabs Private Limited
Astics Techlabs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCA0673A1Z1 | Gujarat | Active | 08 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Astics Techlabs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Astics Techlabs Private Limited
Astics Techlabs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 September 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC099215.
Astics Techlabs reported revenue of ₹4 Cr for FY 2025 (down 25% YoY).
Astics Techlabs has 3 current directors:
- Daxaben Mahendrakumar Chaudhary - Director
- Mahendrakumar Umedbhai Patel - Director
- Vrushti Sandipbhai Shah - Director
Astics Techlabs reported a net loss of ₹33.23 Lakh (net margin -8.3%) and EBITDA of -₹23.03 Lakh (EBITDA margin -5.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Astics Techlabs is -12% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Astics Techlabs is 24AAQCA0673A1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Astics Techlabs is U72900GJ2017PTC099215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astics Techlabs was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Astics Techlabs has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
The peers of Astics Techlabs by revenue are Benzara E-Commerce India Private Limited, S-Square Data Systems Private Limited, Ikon Business Process Solutions Private Limited, Cascades Data Solutions Dba Infomatics India Private Limited, Techknomatic Services Private Limited and 5 more, all in the Information Technology industry (Database Management).
Vrushti Sandipbhai Shah was appointed as Director on 02 Sep 2024. Manan Navinchandra Patel ceased to be Director on 14 Jun 2018. Daxaben Mahendrakumar Chaudhary was appointed as Director on 09 Jun 2018. Astics Techlabs has 5 board changes on record in total.