About Shreyarth Aaspas Limited
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Shreyarth Aaspas Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 12 November 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1980PLC004039. Its GSTIN is 24AABCA3153A1ZJ (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.85 Cr. It was formerly known as Aaspas Multimedia Limited and Aaspas Investments Ltd. It is led by directors including Shreyans Shantilal Shah and Divyesh Maneklal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.7 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.72 Cr (net margin 36.4%) and EBITDA of ₹14.02 Cr (EBITDA margin 52.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 10% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gstv.in.
Company details
Name history
Shreyarth Aaspas has undergone 4 name changes throughout its history. The current legal name is Shreyarth Aaspas Limited.
| Company Name | Status |
|---|---|
| Shreyarth Aaspas Limited | Current |
| Aaspas Multimedia Limited | Previous |
| Aaspas Investments Ltd | Previous |
| Aaspas Investments Ltd | Previous |
| Aaspas Investments Pvt Ltd | Previous |
CIN history
Shreyarth Aaspas has one previous CIN (Corporate Identification Number): U65910GJ1980PTC004039. The current CIN is U65910GJ1980PLC004039, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910GJ1980PLC004039 | Current |
| U65910GJ1980PTC004039 | Previous |
Contact details
Shreyarth Aaspas Limited's registered office is in Ahmedabad, Gujarat. Its website is gstv.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShravasthi Bunglow Gstv Compound Nr. Reliance Mart Iskon Mall S.G. High, Way, Ahmedabad, Gujarat, India – 380015
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Shreyarth Aaspas 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 Shreyarth Aaspas is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Shreyarth Aaspas Limited, buy the company report.
Financials of Shreyarth Aaspas Limited
FY 2024 filings availableShreyarth Aaspas Limited reported revenue of ₹26.7 Cr (up 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 30% growth in the latest year. EBITDA rose 20% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.72 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.5% | ||||
| Net Profit Margin | 36.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Shreyarth Aaspas Limited, buy the company report.
Board of directors of Shreyarth Aaspas Limited
Shreyarth Aaspas has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyans Shantilal Shah Also directs: GCCL Infrastructure and Projects Limited, Reform Club (Gujarat) Limited, Indian Chronicle Limited (TR. Co.) and 5 more | Director | 12 Oct 2007 | 19 Years 1 Months | Current |
| Aarya Nirmam Shah Also directs: Shreyans & Smruti Investment Limited, Amam Investment Pvt Ltd, Aajkal Investments Pvt Ltd and 2 more | Additional Director | 07 Apr 2025 | 1 Years 7 Months | Current |
| Divyesh Maneklal Shah Also directs: GCCL Infrastructure and Projects Limited, Indian Chronicle Limited (TR. Co.), Bhusatva Enterprise Limited and 5 more | Director | 05 Mar 2008 | 18 Years 8 Months | Current |
Auditor
Shreyarth Aaspas Limited is audited by RAJENDRA NATVERLAL SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA NATVERLAL SHAH & CO. | FY 2023 | 130209W |
Shareholding
The shareholding of Shreyarth Aaspas 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 Shreyarth Aaspas Limited, buy the company report.
Legal cases
Shreyarth Aaspas Limited has 12 court cases on record: 4 filed by Shreyarth Aaspas, 8 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
| NCLAT | 4 | 4 | 4 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Shemaroo Entertainment Ltd. | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Shemaroo Entertainment Ltd. | Disposed |
| NCLAT, Court III | Tribunal matter | Filed against the company by an individual | Pending |
| NCLAT, Court III | Tribunal matter | Filed against the company by individuals | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Shreyarth Aaspas 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
No delayed payments to MSME suppliers are on our record for Shreyarth Aaspas Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shreyarth Aaspas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA3153A1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shreyarth Aaspas Limited, buy the company report.
Recent activity
Shreyarth Aaspas Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Aarya Nirmam Shah was appointed as Additional Director on 07 Apr 2025.
Frequently asked questions
Shreyarth Aaspas is an active public limited company based in Ahmedabad, Gujarat, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 12 November 1980 (46+ years old) and is registered under CIN U65910GJ1980PLC004039.
Shreyarth Aaspas has 3 current directors:
- Shreyans Shantilal Shah - Director
- Aarya Nirmam Shah - Additional Director
- Divyesh Maneklal Shah - Director
The latest financial statements of Shreyarth Aaspas on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shreyarth Aaspas is 24AABCA3153A1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Shreyarth Aaspas is U65910GJ1980PLC004039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreyarth Aaspas has 12 court cases on record: 4 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Shreyarth Aaspas was incorporated on 12 November 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aarya Nirmam Shah was appointed as Additional Director on 07 Apr 2025. Divyesh Maneklal Shah was appointed as Director on 05 Mar 2008. Divyesh Maneklal Shah ceased to be Director on 07 Dec 2007. Shreyarth Aaspas has 7 board changes on record in total.
Shreyarth Aaspas can be reached through the website gstv.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Shreyarth Aaspas is at Shravasthi Bunglow Gstv Compound Nr. Reliance Mart Iskon Mall S.G. High, Way, Ahmedabad, Gujarat, India – 380015.
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