Aissel Technologies Private Limited

Aissel Technologies Private Limited - information technology in Hubli, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2014PTC074047 Incorporated 10 March 2014 ROC Bangalore HQ Hubli, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Revenue · FY 2024
₹9.97 Cr
▼ 9% YoY
Net loss · FY 2024
₹1.13 Cr
Net margin -11.3%
EBITDA · FY 2024
-₹64.09 Lakh
EBITDA margin -6.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹13.3 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹2 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
84
Provident fund records

About Aissel Technologies Private Limited

Data last updated:

Aissel Technologies Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC074047. Its GSTIN is 29AAMCA5244K1Z9 (Karnataka).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.3 Lakh. It is led by directors including Mahesh Bikkurao Grampurohit and Amit Vikram Belligundu.

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 Deshpande Startups Lower Ground Floor – 01 Gokul Road Opposite To Gokul Village, Hubli, Karnataka, India – 580030.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.97 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹1.13 Cr (net margin -11.3%) and EBITDA of -₹64.09 Lakh (EBITDA margin -6.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.

The company has about 84 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: konectChat and Aissel. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in January 2023.

Aissel Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0035727). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aissel.com.

Company details

CIN U72200KA2014PTC074047
Registration Number 074047
Incorporation Date 10 March 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0035727

Recognitions & Rankings of Aissel Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-13-0035727

Contact details

Aissel Technologies Private Limited's registered office is in Hubli, Karnataka. Its website is aissel.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Deshpande Startups Lower Ground Floor – 01 Gokul Road Opposite To Gokul Village, Hubli, Karnataka, India – 580030
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Aissel Technologies Private Limited, buy the company report.

Comprehensive company report
Aissel Technologies 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
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Brands

Aissel Technologies operates two associated brands: konectChat and Aissel. Each brand links to its own profile.

BrandDescriptionWebsite
AI-powered platform for customer chat, analytics, and business integrations.konectchat.com
Cloud-based business intelligence and KOL Management software for healthcare and life sciences sectoraissel.com

Business activity

The main business activity of Aissel Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Aissel Technologies Private Limited, buy the company report.

Financials of Aissel Technologies Private Limited

FY 2025 filings available

Aissel Technologies Private Limited reported revenue of ₹9.97 Cr (down 9% YoY) for FY 2024.

Revenue · FY 2024
₹9.97 Cr ▼ 9%
Net loss · FY 2024
₹1.13 Cr margin -11.3%
EBITDA · FY 2024
-₹64.09 Lakh margin -6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 3%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 31%
5 years · compounded
▲ 20%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 11% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹64.09 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.13 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-6.4%
Net Profit Margin-11.3%
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 Aissel Technologies Private Limited, buy the company report.

Board of directors of Aissel Technologies Private Limited

Aissel Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahesh Bikkurao GrampurohitDirector10 Mar 201412 Years 8 MonthsCurrent
Amit Vikram BelligunduDirector30 Jul 20242 Years 3 MonthsCurrent
Prasad Gangadhar PatilDirector10 Mar 201412 Years 8 MonthsCurrent
Suraj Basrur PrabhuDirector01 Dec 20169 Years 11 MonthsCurrent

Auditor

Aissel Technologies Private Limited is audited by S B Shetty & Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S B Shetty & CompanyFY 2023003824S

Shareholding

The shareholding of Aissel Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aissel Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Sep 2025101171943Others₹1.5 CrOpen
23 Feb 2023100726526Others₹2 CrSatisfied

To see the full charge records of Aissel Technologies Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Aissel Technologies Private Limited has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in January 2023.

Total deals
5
Secondary share transfers
3
Rights issues
2

Deals on record (5 of 5)

WhenDealAmountParties
Jan 2023Rights issue₹3.3 LakhInvestors: 2 individuals
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2018Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Dec 2017Rights issue₹9 LakhInvestors: an individual
Jan 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aissel Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Aissel Technologies Private Limited has a workforce of 84 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
84
Active EPFO establishments
1
Employee growth
-11.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2784
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Aissel Technologies Private Limited, buy the company report.

GST

Aissel Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAMCA5244K1Z9KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Aissel Technologies Private Limited, buy the company report.

Recent activity

Aissel Technologies Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Amit Vikram Belligundu was appointed as Director on 30 Jul 2024.

AGM
Aissel Technologies 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. 150.00 Lakh with Charge ID 101171943 was registered on 30 Sep 2025.
Filing
Aissel Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 23 Feb 2023 via Charge ID 100726526 with Others was fully satisfied on 25 Feb 2025.
Appointed
Amit Vikram Belligundu was appointed as Director.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100726526 was registered on 23 Feb 2023.
Ceased
Rajeev Vinay Varma ceased to be Company Secretary.
Ceased
Prasad Gangadhar Patil ceased to be Managing Director.
Appointed
Suraj Basrur Prabhu was appointed as Director.
Appointed
Mahesh Bikkurao Grampurohit was appointed as Director.
Appointed
Prasad Gangadhar Patil was appointed as Director.
Incorporation
10 Mar 2014
Aissel Technologies Private Limited was registered on 10 Mar 2014 with Roc Bangalore & aged 12 years 8 months as per MCA records.

Frequently asked questions

Aissel Technologies is an active private limited company based in Hubli, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 March 2014 (12+ years old) and is registered under CIN U72200KA2014PTC074047.

Aissel Technologies has 4 current directors:

The latest financial statements of Aissel 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 2015 are in the company report.

The GSTIN of Aissel Technologies is 29AAMCA5244K1Z9, registered in Karnataka.

The CIN (Corporate Identification Number) of Aissel Technologies is U72200KA2014PTC074047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aissel Technologies has 1 court case on record: 1 filed by the company.

Aissel Technologies was incorporated on 10 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

Aissel Technologies has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in January 2023.

Amit Vikram Belligundu was appointed as Director on 30 Jul 2024. Rajeev Vinay Varma ceased to be Company Secretary on 29 Jun 2018. Prasad Gangadhar Patil ceased to be Managing Director on 01 Apr 2017. Aissel Technologies has 6 board changes on record in total.

Yes, Aissel Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0035727).