About Aastha Surgimed Limited
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Aastha Surgimed Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 July 1998.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1998PLC094498. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹34 Lakh. It is led by directors including Hari Singh Thakur (Managing Director) and Jaishree.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No 52 A – 1 Block Local Shopping Complex, New Delhi, Delhi, India – 110063.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.03 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹4.3 Cr (net margin -141.7%) and EBITDA of -₹3.54 Cr (EBITDA margin -116.7%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
As per MCA filings, the company has open charges of ₹6.9 Cr and satisfied charges of ₹5.57 Cr on record. Court records list 28 cases involving the company, including 28 filed against it; 8 cases are pending.
The last known website on record is airpurifierasl.com.
Company details
Contact details
Aastha Surgimed Limited's registered office is in New Delhi, Delhi. Its website is airpurifierasl.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No 52 A – 1 Block Local Shopping Complex, New Delhi, Delhi, India – 110063
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Aastha Surgimed 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 Aastha Surgimed is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Aastha Surgimed Limited, buy the company report.
Financials of Aastha Surgimed Limited
FY 2018 filings availableAastha Surgimed Limited reported revenue of ₹3.03 Cr (down 79% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 79% fall in the latest year. EBITDA fell 123% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.03 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹3.54 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.3 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -116.7% | |||
| Net Profit Margin | -141.7% | |||
| 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 Aastha Surgimed Limited, buy the company report.
Board of directors of Aastha Surgimed Limited
Aastha Surgimed has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaishree Also directs: Aastha Meditech Private Limited | Director | 02 Apr 2012 | 14 Years 7 Months | As last reported |
| Hari Singh Thakur | Managing Director | 30 Jul 1998 | 28 Years 3 Months | As last reported |
| Satpal Singh | Director | 30 Jul 1998 | 28 Years 3 Months | As last reported |
Peer comparison
Aastha Surgimed Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oshin Laboratories Private Limited | ₹3.04 Cr (FY 2025) | -14.0% | Delhi, India | |||
| Aastha Surgimed Limitedthis company | ₹3.03 Cr (FY 2018) | -₹4.3 Cr | -141.7% | -79.0% | New Delhi, Delhi, India | |
| Dr. Gandhi's Laboratory Private Limited | ₹3.03 Cr (FY 2018) | -37.0% | Uluberia, West Bengal, India | |||
| Mac Health Care (India) Private Limited | ₹3.01 Cr (FY 2025) | 12.0% | Katni, Madhya Pradesh, India | |||
| Ajanta Medicals Private Limited | ₹3.01 Cr (FY 2025) | 17.0% | Bethora, Goa, India |
To see the full peer comparison of Aastha Surgimed Limited, buy the company report.
Auditor
Aastha Surgimed Limited is audited by MANOJ SANGEETA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SANGEETA & ASSOCIATES | FY 2018 | 021873N |
Shareholding
The shareholding of Aastha Surgimed Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aastha Surgimed Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2013 | 10462272 | Vijaya Bank | ₹3.9 Cr | Open | |
| 22 Mar 2013 | 10423432 | The Hongkong and Shanghai Banking Corporation Limited | ₹3 Cr | Open | |
| 17 Mar 2012 | 10354400 | Ing Vysya Bank Limited | ₹2.5 Cr | Satisfied | |
| 30 Apr 2006 | 10004941 | Corporation Bank | ₹1.93 Cr | Satisfied | |
| 05 Mar 2004 | 90058439 | Corporation Bank | ₹67 Lakh | Satisfied |
To see the full charge records of Aastha Surgimed Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Aastha Surgimed Limited has 28 court cases on record: 28 filed against it. 8 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 28 | 8 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Bank of Baroda | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by M/S Super Safe Logistics (India) Pvt. Ltd.-Purushottam | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Shree Radhe Hygiene Products Pvt.Ltd.,Through Promila Jitendra Goel | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Synokem Pharmaceuticals Ltd | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Bank of Baroda | Disposed |
To see the full case history of Aastha Surgimed 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 Aastha Surgimed Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aastha Surgimed has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aastha Surgimed Limited, buy the company report.
Recent activity
Aastha Surgimed Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Satpal Singh ceased to be Director on 25 May 2019.
7 earlier events are in the company report.
Frequently asked questions
Aastha Surgimed is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Aastha Surgimed is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 July 1998 and is registered under CIN U74899DL1998PLC094498. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Aastha Surgimed has 3 current directors:
- Hari Singh Thakur - Managing Director
- Jaishree - Director
- Satpal Singh - Director
The latest financial statements of Aastha Surgimed on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aastha Surgimed is U74899DL1998PLC094498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aastha Surgimed has open charges of ₹6.9 Cr and satisfied charges of ₹5.57 Cr as per latest MCA filings.
Aastha Surgimed has 28 court cases on record: 28 filed against it. 8 are pending.
Aastha Surgimed was incorporated on 30 July 1998. It is registered with the Registrar of Companies, Delhi.
The peers of Aastha Surgimed by revenue are Oshin Laboratories Private Limited, Dr. Gandhi's Laboratory Private Limited, Mac Health Care (India) Private Limited, Ajanta Medicals Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Satpal Singh ceased to be Director on 25 May 2019. Amit Thakur ceased to be Director on 02 Apr 2012. Jaishree was appointed as Director on 02 Apr 2012. Aastha Surgimed has 5 board changes on record in total.
Aastha Surgimed can be reached through the website airpurifierasl.com. Its registered office is in New Delhi, Delhi, India.
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