Asab Power Solution Private Limited
About Asab Power Solution Private Limited
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Asab Power Solution Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment 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), Gwalior, under CIN U31900MP2020PTC051450.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sharad Raikwar and Bharti Raikwar.
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 B – 36 Sagar Lakeview Homes Ayodhya Bypass Road, Bhopal, Madhya Pradesh, India – 462041.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.15 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹26.87 Lakh (net margin 5.2%) and EBITDA of ₹34.43 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49 Lakh on record.
Company details
Contact details
Asab Power Solution Private Limited's registered office is in Bhopal, Madhya Pradesh.
- Registered AddressB – 36 Sagar Lakeview Homes Ayodhya Bypass Road, Bhopal, Madhya Pradesh, India – 462041
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Asab Power Solution is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Asab Power Solution Private Limited, buy the company report.
Financials of Asab Power Solution Private Limited
FY 2025 filings availableAsab Power Solution Private Limited reported revenue of ₹5.15 Cr (up 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 136% over three years, including 44% growth in the latest year. EBITDA rose 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹34.43 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹26.87 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.7% | |||
| Net Profit Margin | 5.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Asab Power Solution Private Limited, buy the company report.
Board of directors of Asab Power Solution Private Limited
Asab Power Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Raikwar | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
| Bharti Raikwar | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100708501 | Others | ₹49 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Asab Power Solution 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 Asab Power Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Asab Power Solution Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asab Power Solution Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bharti Raikwar was appointed as Director on 09 Jun 2020.
Frequently asked questions
Asab Power Solution is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 June 2020 (6+ years old) and is registered under CIN U31900MP2020PTC051450.
Asab Power Solution has 2 current directors:
- Sharad Raikwar - Director
- Bharti Raikwar - Director
The latest financial statements of Asab Power Solution 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Asab Power Solution is U31900MP2020PTC051450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asab Power Solution was incorporated on 09 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
Bharti Raikwar was appointed as Director on 09 Jun 2020. Sharad Raikwar was appointed as Director on 09 Jun 2020.
The registered office of Asab Power Solution is at B – 36 Sagar Lakeview Homes Ayodhya Bypass Road, Bhopal, Madhya Pradesh, India – 462041.
Asab Power Solution operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
Asab Power Solution has open charges of ₹49 Lakh and no satisfied charges on record as per latest MCA filings.
Asab Power Solution can be reached at its registered office: B – 36 Sagar Lakeview Homes Ayodhya Bypass Road, Bhopal, Madhya Pradesh, India – 462041.