About Asansol Astha IT Projects Private Limited
Data last updated:
Asansol Astha IT Projects Private Limited is a private limited company based in Asansol, West Bengal, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2011PTC158600. Its GSTIN is 19AAJCA2624E1ZW (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Avishek Kumar Kharwar and Santanu Sarkar.
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 Akash Apartment G. T. Road (W) Gopalpur, Asansol, West Bengal, India – 713304.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.42 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 5.8%) and EBITDA of ₹2.16 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asthaitsolutions.com.
Company details
Contact details
Asansol Astha IT Projects Private Limited's registered office is in Asansol, West Bengal. Its website is asthaitsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAkash Apartment G. T. Road (W) Gopalpur, Asansol, West Bengal, India – 713304
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Asansol Astha IT Projects 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 Asansol Astha IT Projects is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Asansol Astha IT Projects Private Limited, buy the company report.
Financials of Asansol Astha IT Projects Private Limited
FY 2025 filings availableAsansol Astha IT Projects Private Limited reported revenue of ₹22.42 Lakh (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 56%. EBITDA fell 4% 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 | FY 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 | ₹2.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.3 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Asansol Astha IT Projects Private Limited, buy the company report.
Board of directors of Asansol Astha IT Projects Private Limited
Asansol Astha IT Projects has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avishek Kumar Kharwar Also directs: Aastha Power Projects Limited | Director | 20 May 2024 | 2 Years 5 Months | Current |
| Santanu Sarkar | Additional Director | 04 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Asansol Astha IT Projects Private Limited is audited by ANJALI JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJALI JAIN & ASSOCIATES | FY 2023 | 03247C |
Shareholding
The shareholding of Asansol Astha IT Projects 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asansol Astha IT Projects Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asansol Astha IT Projects 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 Asansol Astha IT Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asansol Astha IT Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCA2624E1ZW | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asansol Astha IT Projects Private Limited, buy the company report.
Recent activity
Asansol Astha IT Projects Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Avishek Kumar Kharwar was appointed as Director on 20 May 2024.
Frequently asked questions
Asansol Astha IT Projects is an active private limited company based in Asansol, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 February 2011 (15+ years old) and is registered under CIN U74900WB2011PTC158600.
Asansol Astha IT Projects has 2 current directors:
- Avishek Kumar Kharwar - Director
- Santanu Sarkar - Additional Director
The latest financial statements of Asansol Astha IT Projects 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 Asansol Astha IT Projects is 19AAJCA2624E1ZW, registered in West Bengal.
The CIN (Corporate Identification Number) of Asansol Astha IT Projects is U74900WB2011PTC158600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asansol Astha IT Projects was incorporated on 05 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
Avishek Kumar Kharwar was appointed as Director on 20 May 2024. Anirban Das ceased to be Director on 03 Aug 2021. Prasanta Kumar Bhattacharjee ceased to be Director on 10 Aug 2018. Asansol Astha IT Projects has 5 board changes on record in total.
Asansol Astha IT Projects can be reached through the website asthaitsolutions.com. Its registered office is in Asansol, West Bengal, India.
The registered office of Asansol Astha IT Projects is at Akash Apartment G. T. Road W Gopalpur, Asansol, West Bengal, India – 713304.
Asansol Astha IT Projects operates in the information technology industry, in the application development and software solutions segment.