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.
Company details
Contact details
Aasip Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is aasip.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1st Floor No.107 4th Cross 2nd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Aasip Technologies 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 Aasip Technologies is information and communication. In detail, this covers publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 58 | Publishing activities |
To see the full business activity and turnover split of Aasip Technologies Private Limited, buy the company report.
Financials of Aasip Technologies Private Limited
FY 2025 filings availableAasip Technologies Private Limited reported revenue of ₹55.38 Lakh (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.61 Lakh | ||||
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| Net Profit (PAT) | ₹4.55 Lakh | ||||
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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 | 11.9% | ||||
| Net Profit Margin | 8.2% | ||||
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To see the full financial statements and ratios of Aasip Technologies Private Limited, buy the company report.
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 9 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 9 Months | Current |
Peer comparison
Aasip Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing activities), from the latest filed financials of each company.
| 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 Limitedthis company | ₹55.38 Lakh (FY 2025) | ₹4.55 Lakh | 8.2% | -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 |
To see the full peer comparison of Aasip Technologies Private Limited, buy the company report.
Auditor
Aasip Technologies Private Limited is audited by NANJUNDA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANJUNDA & CO | FY 2019 | 005514S |
Shareholding
The shareholding of Aasip Technologies Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aasip Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aasip Technologies 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 Aasip Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aasip Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA2416A1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aasip Technologies Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Umashankar Bantwal - Director
- Prajwal Thekkade Sukumar - Director
The latest financial statements of Aasip Technologies 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 FY 2017 are in the company report.
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.
The registered office of Aasip Technologies is at 1st Floor No.107 4th Cross 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.
Aasip Technologies operates in the information technology industry, in the IT consulting and support services segment.