About Aasip Technologies Private Limited
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Aasip Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2017PTC099222. Its GSTIN is 29AAPCA2416A1ZZ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Umashankar Bantwal and Prajwal Thekkade Sukumar.
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 1st Floor No.107 4th Cross 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.38 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹4.55 Lakh (net margin 8.2%) and EBITDA of ₹6.61 Lakh (EBITDA margin 11.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
The company is associated with 1 brand: AASIP.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aasip.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1st Floor No.107 4th Cross 2nd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Aasip Technologies Private Limited
The main business activity of Aasip Technologies is information and communication. In detail, this covers publishing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 58 | Publishing 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 Aasip Technologies Private Limited FY 2025 filings available
Aasip Technologies Private Limited reported revenue of ₹55.38 Lakh (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aasip Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 30% fall in the latest year. EBITDA fell 45% 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 Aasip Technologies 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 | ₹6.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.55 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Aasip Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| 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 Aasip Technologies are in the company report.
Financial statements from FY 2017
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 Aasip Technologies Private Limited
Aasip Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TPRS Consulting Services Private Limited | ₹57.08 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Delhi, India |
| Saturn E-Solutions Private Limited | ₹56.42 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Pune, Maharashtra, India |
| Innostes Solutions Private Limited | ₹56.27 Lakh (FY 2024) | •••• | •••• | 224.0% | •••• | Undrajavaram, Andhra Pradesh, India |
| Masterit Software Solutions and Services Private Limited | ₹56.14 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Wise Wings Learning Solutions Private Limited | ₹56.01 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Aasip Technologies Private Limited this company | ₹55.38 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Bangalore, Karnataka, India |
| Shucon Solutions Private Limited | ₹55.23 Lakh (FY 2025) | •••• | •••• | 1225.0% | •••• | Dehradun, Uttarakhand, India |
| Cache Consulting Services (OPC) Private Limited | ₹55 Lakh (FY 2025) | •••• | •••• | 442.0% | •••• | Lucknow, Uttar Pradesh, India |
| Accezz Minds Technologies Private Limited | ₹54.95 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Viotal Works Private Limited | ₹54.92 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| Techpedition Private Limited | ₹54.8 Lakh (FY 2025) | •••• | •••• | 27.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Aasip Technologies by revenue in the same principal business activity (Publishing activities), 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 Aasip Technologies Private Limited
Aasip Technologies Private Limited is audited by NANJUNDA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NANJUNDA & 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 Aasip Technologies Private Limited
Aasip Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umashankar Bantwal Also directs: Visnet Ventures Private Limited, Vcloudify Private Limited, Upaya Innovations Private Limited and 4 more | Director | 16 Jan 2017 | 9 Years 8 Months | Current |
| Prajwal Thekkade Sukumar Also directs: Visnet Ventures Private Limited, Vcloudify Private Limited, Upaya Innovations Private Limited and 1 more | Director | 16 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Aasip Technologies 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 Aasip Technologies Private Limited
Aasip Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aasip Technologies Private Limited
Employment history and EPFO contributions of people linked to Aasip Technologies.
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 Aasip Technologies Private Limited
Aasip Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Prajwal Thekkade Sukumar was appointed as Director on 16 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Aasip Technologies 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 Aasip Technologies 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 Aasip Technologies 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 Aasip Technologies Private Limited
Aasip Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA2416A1ZZ | Karnataka | Active | 01 Jul 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 Aasip Technologies 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 Aasip Technologies Private Limited
Aasip Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 January 2017 (9+ years old) and is registered under CIN U72200KA2017PTC099222.
Aasip Technologies reported revenue of ₹55.38 Lakh for FY 2025 (down 30% YoY).
Aasip Technologies has 2 current directors:
- Umashankar Bantwal - Director
- Prajwal Thekkade Sukumar - Director
Aasip Technologies reported a net profit of ₹4.55 Lakh (net margin 8.2%) and EBITDA of ₹6.61 Lakh (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aasip Technologies is -8% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aasip Technologies is 29AAPCA2416A1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Aasip Technologies is U72200KA2017PTC099222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aasip Technologies was incorporated on 16 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aasip Technologies by revenue are TPRS Consulting Services Private Limited, Saturn E-Solutions Private Limited, Innostes Solutions Private Limited, Masterit Software Solutions and Services Private Limited, Wise Wings Learning Solutions Private Limited and 5 more, all in the same principal business activity (Publishing activities).
Prajwal Thekkade Sukumar was appointed as Director on 16 Jan 2017. Umashankar Bantwal was appointed as Director on 16 Jan 2017.
Aasip Technologies can be reached through the website aasip.in. Its registered office is in Bangalore, Karnataka, India.