About Aastmedi Tech Private Limited
Data last updated:
Aastmedi Tech Private Limited is a private limited company based in Olakettiamabalm, Kerala, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the jewellery and fashion accessories sector. It was incorporated on 09 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U33309KL2020PTC062340.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prasanth Gangadharan Pillai and Gangadharan Pillai.
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 C/O Gangadharan Pillai Door No. 16/365 16/366 16/367 Sree Vihar Pallarimangalam, Olakettiamabalm, Kerala, India – 690510.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.34 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹64,970 (net margin 1.7%) and EBITDA of ₹2.42 Lakh (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website astmeditech.com.
- EmailLocked
- TelephoneLocked
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- Registered AddressC/O Gangadharan Pillai Door No. 16/365 16/366 16/367 Sree Vihar Pallarimangalam, Olakettiamabalm, Kerala, India – 690510
- IndustryJewelry & Fashion Accessories, Manufacturing, Watches And Clocks
- 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 Aastmedi Tech Private Limited
The main business activity of Aastmedi Tech is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. 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 Aastmedi Tech Private Limited FY 2024 filings available
Aastmedi Tech Private Limited reported revenue of ₹38.34 Lakh (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aastmedi Tech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 33% fall in the latest year. EBITDA fell 26% 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 Aastmedi Tech Private Limited
| Metrics | 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 | ₹2.42 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64,970 | •••• | •••• | •••• |
| 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 of Aastmedi Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Aastmedi Tech are in the company report.
Financial statements from FY 2021
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 Aastmedi Tech Private Limited
Aastmedi Tech Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hydrich NG (Next Generation) Beverage Private Limited | •••• | •••• | •••• | •••• | - | Sriperumbudur, Tamil Nadu, India |
| Berko Automation and Structures Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vedasya Engineering Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Hirlekar Precision Engineering Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Souvenir Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Aastmedi Tech Private Limited this company | •••• | •••• | •••• | •••• | - | Olakettiamabalm, Kerala, India |
| Winfast Solution India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Neobium Enviro Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Rsdo Automation & Robotics Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ronicon Electromech Automation Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Manitowoc India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Aastmedi Tech by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Aastmedi Tech Private Limited
Aastmedi Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanth Gangadharan Pillai | Director | 09 Jun 2020 | 6 Years 3 Months | Current |
| Gangadharan Pillai | Director | 09 Jun 2020 | 6 Years 3 Months | Current |
Charges & Borrowings of Aastmedi Tech Private Limited
Aastmedi Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Aastmedi Tech Private Limited
Aastmedi Tech Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Aastmedi Tech Private Limited
Employment history and EPFO contributions of people linked to Aastmedi Tech.
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 Aastmedi Tech Private Limited
Aastmedi Tech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Gangadharan Pillai was appointed as Director on 09 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Aastmedi Tech 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 Aastmedi Tech 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 Aastmedi Tech 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 Aastmedi Tech Private Limited
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 Aastmedi Tech 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 Aastmedi Tech Private Limited
Aastmedi Tech is an active private limited company based in Olakettiamabalm, Kerala, India. The company works in manufacturing, within the jewelry and fashion accessories industry. It was incorporated on 09 June 2020 (6+ years old) and is registered under CIN U33309KL2020PTC062340.
Aastmedi Tech reported revenue of ₹38.34 Lakh for FY 2024 (down 33% YoY).
Aastmedi Tech has 2 current directors:
- Prasanth Gangadharan Pillai - Director
- Gangadharan Pillai - Director
Aastmedi Tech reported a net profit of ₹64,970 (net margin 1.7%) and EBITDA of ₹2.42 Lakh (EBITDA margin 6.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aastmedi Tech is -20% over three years. In the latest year (FY 2024) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Aastmedi Tech is U33309KL2020PTC062340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aastmedi Tech has 1 court case on record: 1 filed against it. 1 is pending.
Aastmedi Tech was incorporated on 09 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Aastmedi Tech by revenue are Hydrich NG (Next Generation) Beverage Private Limited, Berko Automation and Structures Private Limited, Vedasya Engineering Solutions Private Limited, Hirlekar Precision Engineering Private Limited, Souvenir Technologies Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Gangadharan Pillai was appointed as Director on 09 Jun 2020. Prasanth Gangadharan Pillai was appointed as Director on 09 Jun 2020.
Yes, Aastmedi Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).