About Aaseya IT Services Private Limited
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Aaseya IT Services Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Yash Technologies Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2017PTC043457. Its GSTIN is 36AAPCA6532M1Z6 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Pankaj Jain (Managing Director) and Manoj Kumar Baheti.
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 101 Bansi Trade Center 581/5 M.G. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.29 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹30.82 Cr (net margin 20.4%) and EBITDA of ₹44.42 Cr (EBITDA margin 29.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 31% over five years.
The company has about 398 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aaseya. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹4.95 Cr; the latest was in September 2017. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Designtech Systems Private Limited with revenue of ₹153.47 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 aaseya.com.
Company details
Contact details
Aaseya IT Services Private Limited's registered office is in Indore, Madhya Pradesh. Its website is aaseya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 Bansi Trade Center 581/5 M.G. Road, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Aaseya IT Services 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
Aaseya IT Services operates one associated brand: Aaseya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides low-code development, AI consulting, and process orchestration globally. | aaseya.com |
Business activity
The main business activity of Aaseya IT Services 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 Aaseya IT Services Private Limited, buy the company report.
Financials of Aaseya IT Services Private Limited
FY 2024 filings availableAaseya IT Services Private Limited reported revenue of ₹151.29 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 36% growth in the latest year. EBITDA rose 159% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹44.42 Cr | ||||
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| Net Profit (PAT) | ₹30.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 29.4% | ||||
| Net Profit Margin | 20.4% | ||||
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To see the full financial statements and ratios of Aaseya IT Services Private Limited, buy the company report.
Board of directors of Aaseya IT Services Private Limited
Aaseya IT Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Baheti Also directs: Yash Infraestate India Private Limited, Yash Technologies Private Limited, Gov2biz India Private Limited and 4 more | Director | 02 Jun 2017 | 9 Years 5 Months | Current |
| Dharmendra Jain Also directs: Appstreet Technologies Private Limited, Gov2biz India Private Limited, Y&L Consulting India Private Limited and 5 more | Director | 16 Aug 2017 | 9 Years 2 Months | Current |
| Balakrishna Venkata Navuluri Also directs: Flipchip Electronics Private Limited, Yash Infraestate India Private Limited, Yash Technologies Private Limited and 4 more | Director | 02 Jun 2017 | 9 Years 5 Months | Current |
| Pankaj Jain Also directs: Corridor View LLP | Managing Director | 02 Jun 2017 | 9 Years 5 Months | Current |
Peer comparison
Aaseya IT Services Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Designtech Systems Private Limited | ₹153.47 Cr (FY 2025) | 30.0% | Pune, Maharashtra, India | |||
| Constellation Technologies Private Limited | ₹153.46 Cr (FY 2025) | -20.0% | Hyderabad, Telangana, India | |||
| Arcalis Technologies Private Limited | ₹152.46 Cr (FY 2024) | Pune, Maharashtra, India | ||||
| Symphony Eyc India Private Limited | ₹152.45 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| Invenio Business Solutions Private Limited | ₹151.38 Cr (FY 2025) | 2.0% | Navi Mumbai, Maharashtra, India | |||
| Aaseya IT Services Private Limitedthis company | ₹151.29 Cr (FY 2025) | ₹30.82 Cr | 20.4% | 36.0% | 398 | Indore, Madhya Pradesh, India |
| Suma Soft Private Limited | ₹151.26 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Netenrich Technologies Private Limited | ₹151.24 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| I-Exceed Technology Solutions Private Limited | ₹151.14 Cr (FY 2024) | 18.0% | Bangalore, Karnataka, India | |||
| Idbi Intech Limited | ₹150.68 Cr (FY 2025) | -4.0% | Navi Mumbai, Maharashtra, India | |||
| Nextnode Solutions Private Limited | ₹150.54 Cr (FY 2025) | 30.0% | Ambawadi, Gujarat, India |
To see the full peer comparison of Aaseya IT Services Private Limited, buy the company report.
Auditor
Aaseya IT Services Private Limited is audited by Abhishek Gang And Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abhishek Gang And Company | FY 2023 | 009491c |
Shareholding
The shareholding of Aaseya IT Services Private 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Aaseya IT Services Private Limited, buy the company report.
Deals & funding
Aaseya IT Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹4.95 Cr; the latest was in September 2017.
To see the full deal history of Aaseya IT Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aaseya IT Services Private Limited has 1 court case on record: 1 filed by Aaseya IT Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against an individual | Disposed |
To see the full case history of Aaseya IT Services Private 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 Aaseya IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aaseya IT Services Private Limited has a workforce of 398 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 398 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Aaseya IT Services Private Limited, buy the company report.
GST
Aaseya IT Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAPCA6532M1Z6 | Telangana | Active | 15 Sep 2017 |
| 36AAPCA6532M2Z5 | Telangana | Active | 09 Jul 2019 |
To see the full GST registrations and return filing status of Aaseya IT Services Private Limited, buy the company report.
Recent activity
Aaseya IT Services Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Pankaj Jain ceased to be Director on 31 Mar 2025.
Frequently asked questions
Aaseya IT Services is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 June 2017 (9+ years old) and is registered under CIN U72900MP2017PTC043457.
Aaseya IT Services has 4 current directors:
- Pankaj Jain - Managing Director
- Manoj Kumar Baheti - Director
- Dharmendra Jain - Director
- Balakrishna Venkata Navuluri - Director
The latest financial statements of Aaseya IT Services 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 FY 2018 are in the company report.
The GSTIN of Aaseya IT Services is 36AAPCA6532M1Z6, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAPCA6532M2Z5 (Telangana).
The CIN (Corporate Identification Number) of Aaseya IT Services is U72900MP2017PTC043457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaseya IT Services has 1 court case on record: 1 filed by the company.
Aaseya IT Services was incorporated on 02 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Aaseya IT Services has 1 deal on record (1 funding round), with disclosed funding of ₹4.95 Cr; the latest was in September 2017.
The peers of Aaseya IT Services by revenue are Designtech Systems Private Limited, Constellation Technologies Private Limited, Arcalis Technologies Private Limited, Symphony Eyc India Private Limited, Invenio Business Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Pankaj Jain ceased to be Director on 31 Mar 2025. Dharmendra Jain ceased to be Additional Director on 21 Dec 2017. Dharmendra Jain was appointed as Director on 16 Aug 2017. Aaseya IT Services has 6 board changes on record in total.
Aaseya IT Services can be reached through the website aaseya.com. Its registered office is in Indore, Madhya Pradesh, India.
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