MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0179148
Aashar Capital Services Private Limited - business outsourcing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.05 Cr
▲ 12% YoY
Net profit · FY 2025
₹1.19 Cr
Net margin 57.9%
EBITDA · FY 2025
₹1.52 Cr
EBITDA margin 73.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Open charges
₹95 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Aashar Capital Services Private Limited
Data last updated:
Aashar Capital Services Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2009PTC058718. Its GSTIN is 24AAGCM2885C1ZL (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It was formerly known as Master Money Capital Services Private Limited. It is led by directors Minaxiben Lakhani and Jigneshbhai Jasmatbhai Lakhani.
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 Office No.604/605 Nathubhai Tower Udhna Main Road, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.05 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 57.9%) and EBITDA of ₹1.52 Cr (EBITDA margin 73.9%). Revenue has grown at a compounded annual rate (CAGR) of 320% over three years and 54% over five years.
The company is associated with 1 brand: Aashar. As per MCA filings, the company has open charges of ₹95 Lakh on record.
Aashar Capital Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0179148). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aashar.co.in.
Company details
CIN U67120GJ2009PTC058718
Registration Number 058718
Incorporation Date 26 November 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0179148
Recognitions & Rankings of Aashar Capital Services
Contact details
Aashar Capital Services Private Limited's registered office is in Surat, Gujarat. Its website is aashar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No.604/605 Nathubhai Tower Udhna Main Road, Surat, Gujarat, India – 394210
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Aashar Capital Services Private Limited, buy the company report.
Comprehensive company report
Aashar Capital Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Aashar Capital Services operates one associated brand: Aashar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for comparing insurance options for individuals. | aashar.co.in |
Business activity
The main business activity of Aashar Capital Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Aashar Capital Services Private Limited, buy the company report.
Financials of Aashar Capital Services Private Limited
FY 2025 filings availableAashar Capital Services Private Limited reported revenue of ₹2.05 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹2.05 Cr ▲ 12%
Net profit · FY 2025
₹1.19 Cr margin 57.9%
EBITDA · FY 2025
₹1.52 Cr margin 73.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 320%
5 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 176%
5 years · compounded
▲ 90%
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 12% growth in the latest year. EBITDA rose 67% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.19 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.9% | ||||
| Net Profit Margin | 57.9% | ||||
| 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 Aashar Capital Services Private Limited, buy the company report.
Board of directors of Aashar Capital Services Private Limited
Aashar Capital Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minaxiben Lakhani | Director | 10 Aug 2019 | 7 Years 2 Months | Current |
| Jigneshbhai Jasmatbhai Lakhani | Director | 26 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Aashar Capital Services Private Limited is audited by KPCM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPCM & CO | FY 2023 | 117390W |
Shareholding
The shareholding of Aashar Capital 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aashar Capital Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹95 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2025 | 101152135 | Others | ₹95 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aashar Capital Services 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 Aashar Capital Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aashar Capital Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM2885C1ZL | Gujarat | Active | 29 Nov 2017 |
To see the full GST registrations and return filing status of Aashar Capital Services Private Limited, buy the company report.
Recent activity
Aashar Capital Services Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Manubhai Muljibhai Viradiya ceased to be Director on 10 Aug 2019.
AGM
Aashar Capital Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 95.00 Lakh with Charge ID 101152135 was registered on 09 Sep 2025.
Filing
Aashar Capital Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Manubhai Muljibhai Viradiya ceased to be Director.
Appointed
Minaxiben Lakhani was appointed as Director.
Ceased
Piyush Jivrajbhai Goti ceased to be Director.
Ceased
Ghanshyambhai Dhirubhai Dudhat ceased to be Director.
Ceased
Satishkumar Dayabhai Maniya ceased to be Director.
Appointed
Jigneshbhai Jasmatbhai Lakhani was appointed as Director.
Incorporation
26 Nov 2009
Aashar Capital Services Private Limited was registered on 26 Nov 2009 with Roc Ahmedabad & aged 16 years 11 months as per MCA records.
Frequently asked questions
Aashar Capital Services is an active private limited company based in Surat, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 November 2009 (17+ years old) and is registered under CIN U67120GJ2009PTC058718.
Aashar Capital Services has 2 current directors:
- Minaxiben Lakhani - Director
- Jigneshbhai Jasmatbhai Lakhani - Director
The latest financial statements of Aashar Capital Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aashar Capital Services is 24AAGCM2885C1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Aashar Capital Services is U67120GJ2009PTC058718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aashar Capital Services was incorporated on 26 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manubhai Muljibhai Viradiya ceased to be Director on 10 Aug 2019. Minaxiben Lakhani was appointed as Director on 10 Aug 2019. Piyush Jivrajbhai Goti ceased to be Director on 05 Mar 2012. Aashar Capital Services has 6 board changes on record in total.
Yes, Aashar Capital Services is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0179148).
Aashar Capital Services can be reached through the website aashar.co.in. Its registered office is in Surat, Gujarat, India.
The registered office of Aashar Capital Services is at Office No.604605 Nathubhai Tower Udhna Main Road, Surat, Gujarat, India – 394210.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages