About Aasaan Retail Private Limited
Data last updated:
Aasaan Retail Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 October 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U52100TN2011PTC082893. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹7.6 Cr and a paid-up capital of ₹4.17 Cr. It was led by directors Abhijit Bhandari and Preet Vardhan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 165 Alsa Regency Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.46 Lakh. For the same year it recorded a net profit of ₹20.83 Lakh (net margin 88.8%) and EBITDA of ₹22.68 Lakh (EBITDA margin 96.7%). Revenue has declined at a compounded annual rate (CAGR) of 131% over three years and 19% over five years.
The company was associated with 1 brand: ONEMi. As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.51 Cr; the latest was in September 2015. Its 4 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 2 smaller; the largest is Jalsaculture Services Private Limited with revenue of ₹23.85 Lakh.
The last known website on record is onemi.in.
Company details
Contact details
Aasaan Retail Private Limited's registered office is in Chennai, Tamil Nadu. Its website is onemi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address165 Alsa Regency Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Aasaan Retail 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 Aasaan Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Aasaan Retail Private Limited
FY 2023 filings availableAasaan Retail Private Limited reported revenue of ₹23.46 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years. 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 | ₹23.46 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.83 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.7% | ||||
| Net Profit Margin | 88.8% | ||||
| 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 Aasaan Retail Private Limited, buy the company report.
Board of directors of Aasaan Retail Private Limited
Aasaan Retail has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Bhandari Also directs: Frontgate Retail Private Limited | Director | 07 Aug 2015 | 11 Years 3 Months | As last reported |
| Preet Vardhan | Director | 12 May 2016 | 10 Years 5 Months | As last reported |
Peer comparison
Aasaan Retail Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jalsaculture Services Private Limited | ₹23.85 Lakh (FY 2024) | 39.0% | New Delhi, Delhi, India | |||
| Subhendu Fashionvibes OPC Private Limited | ₹23.81 Lakh (FY 2025) | -74.0% | Kolkata, West Bengal, India | |||
| Aasaan Retail Private Limitedthis company | ₹23.46 Lakh (FY 2023) | ₹20.83 Lakh | 88.8% | Chennai, Tamil Nadu, India | ||
| Smartbuyz Retail Solutions Private Limited | ₹23.01 Lakh (FY 2025) | -54.0% | Bardez, Goa, India | |||
| PSDR Online Services Private Limited | ₹23 Lakh (FY 2025) | -4.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Aasaan Retail Private Limited, buy the company report.
Auditor
Aasaan Retail Private Limited is audited by R V K S AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V K S AND ASSOCIATES | FY 2023 | 008572S |
Shareholding
The shareholding of Aasaan Retail 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aasaan Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2015 | 10598021 | Kotak Mahindra Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Aasaan Retail Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Aasaan Retail Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.51 Cr; the latest was in September 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Funding round | ₹2.51 Cr | Investors: M V Seetha Subbiah Trust, 3 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Aasaan Retail 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 Aasaan Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aasaan Retail Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Aasaan Retail has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aasaan Retail Private Limited, buy the company report.
Recent activity
Aasaan Retail Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Chinthamani Ramanathan Ramaswamy ceased to be Director on 19 Aug 2020.
Frequently asked questions
Aasaan Retail has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Aasaan Retail was a private limited company based in Chennai, Tamil Nadu, India. The company worked in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 October 2011 and is registered under CIN U52100TN2011PTC082893. The company has been struck off by the Registrar of Companies and is no longer operational.
Aasaan Retail had 2 directors:
- Abhijit Bhandari - Director
- Preet Vardhan - Director
The CIN (Corporate Identification Number) of Aasaan Retail is U52100TN2011PTC082893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aasaan Retail is at 165 Alsa Regency Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
Aasaan Retail was incorporated on 25 October 2011. It is registered with the Registrar of Companies, Chennai.
Aasaan Retail can be reached through the website onemi.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Aasaan Retail on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
No. Aasaan Retail has 1 GST registration on record and it is cancelled or inactive.
Aasaan Retail operated in the e-commerce industry, in the general e-commerce platforms segment. It worked in this industry before it was struck off.
Aasaan Retail has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.51 Cr; the latest was in September 2015.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
