Asap Info Systems Private Limited

Asap Info Systems Private Limited - business outsourcing in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U30006TN1998PTC041655 Incorporated 29 December 1998 ROC Chennai HQ Chennai, Tamil Nadu, India
Merged Private Limited Company business outsourcing
Data last updated
Revenue · FY 2017
₹64.24 Cr
▲ 1% YoY
Net profit · FY 2017
₹2.09 Cr
Net margin 3.3%
EBITDA · FY 2017
₹5.95 Cr
EBITDA margin 9.3%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹8.5 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
1,446
Provident fund records
Directors on board
3
As per MCA filings

About Asap Info Systems Private Limited

Data last updated:

Asap Info Systems Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Teamlease Staffing Services Private Limited,. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 29 December 1998.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U30006TN1998PTC041655. The company has 5 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.5 Lakh. It was led by directors including Shilpa Kamlesh Avarsekar and Narayanaswamy Ravi Vishwanath.

Its last annual general meeting (AGM) was held on 22 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #58 Karishma Building 3rd Floor Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034.

As per the financials filed for FY 2017, the company reported a revenue of ₹64.24 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 3.3%) and EBITDA of ₹5.95 Cr (EBITDA margin 9.3%).

The company had about 1,446 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: ASAP Info System. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in July 2016. Its 10 peer companies in the Outsourcing industry (HR Outsourcing) are compared by revenue, 5 larger and 5 smaller; the largest is Judge India Solutions Private Limited with revenue of ₹65.24 Cr.

The last known website on record is asapinfosystems.com.

Company Details of Asap Info Systems Private Limited
CIN U30006TN1998PTC041655
Registration Number 041655
Incorporation Date 29 December 1998
ROC Chennai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 22 August 2017
Date of Balance Sheet 31 March 2017
Parent Company Teamlease Staffing Services Private Limited,
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    #58 Karishma Building 3rd Floor Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
Comprehensive company report
Asap Info Systems 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
  • One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Unlock the full Asap Info Systems Private Limited report

Financials, compliance, directors, charges, ownership and filings for Asap Info Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Asap Info Systems Private Limited

Asap Info Systems operates one associated brand: ASAP Info System. Each brand links to its own profile.

BrandDescriptionWebsite
BPO services for finance and industry-specific sectors are offered.asapinfosystems.com

Business Activity of Asap Info Systems Private Limited

The main business activity of Asap Info Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
Premium access

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 Asap Info Systems Private Limited FY 2017 filings available

Asap Info Systems Private Limited reported revenue of ₹64.24 Cr (up 1% YoY) for FY 2017.

Revenue · FY 2017
₹64.24 Cr ▲ 1%
Net profit · FY 2017
₹2.09 Cr margin 3.3%
EBITDA · FY 2017
₹5.95 Cr margin 9.3%

Compounded Annual Growth Rate (CAGR) of Asap Info Systems Private Limited

Revenue CAGR growth
1 year
▲ 1%
EBITDA CAGR growth
1 year
▲ 22%

Revenue rose 1% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Asap Info Systems Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
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₹5.95 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹2.09 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 of Asap Info Systems Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin9.3%••••••••
Net Profit Margin3.3%••••••••
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••••••••••••

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 Asap Info Systems are in the company report.

Premium access

Financial statements from 2015

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.

Board of Directors of Asap Info Systems Private Limited

Asap Info Systems has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Shilpa Kamlesh AvarsekarDirector08 Nov 20169 Years 11 MonthsAs last reported
Narayanaswamy Ravi VishwanathDirector31 Aug 201610 Years 1 MonthsAs last reported
Ashok Kumar NedurumalliDirector31 Aug 201610 Years 1 MonthsAs last reported

Peer Comparison of Asap Info Systems Private Limited

Asap Info Systems Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Judge India Solutions Private Limited₹65.24 Cr (FY 2025)••••••••16.0%••••Noida, Uttar Pradesh, India
Teamqore Management India Private Limited₹64.87 Cr (FY 2025)••••••••10.0%••••Erode, Tamil Nadu, India
I.M.S.I Staffing Private Limited₹64.78 Cr (FY 2023)••••••••3.0%••••Mumbai, Maharashtra, India
Smartbrains Engineers & Technologist Private Limited₹64.59 Cr (FY 2025)••••••••70.0%••••New Delhi, Delhi, India
Galent India Private Limited₹64.34 Cr (FY 2025)••••••••5.0%••••Chennai, Tamil Nadu, India
Asap Info Systems Private Limited this company₹64.24 Cr (FY 2017)••••••••1.0%••••Chennai, Tamil Nadu, India
Amara Raja Industrial Services Private Limited₹64.12 Cr (FY 2018)••••••••33.0%••••Tirupati, Andhra Pradesh, India
Bills Enterprises Private Limited₹63.91 Cr (FY 2022)••••••••-6.0%••••Kompally, Telangana, India
Frontline VR Total Solutions Private Limited₹63.85 Cr (FY 2024)••••••••58.0%••••New Delhi, Delhi, India
RBS Altech Solutions Private Limited₹63.78 Cr (FY 2025)••••••••-10.0%••••Bangalore, Karnataka, India
Bigleap Technologies & Solutions Private Limited₹63.64 Cr (FY 2023)••••••••8.0%••••Secunderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Asap Info Systems by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Asap Info Systems Private Limited

Asap Info Systems Private Limited is audited by Arasu & Arunachalam for the financial year 2016.

NameStatusAppointment DateCessation Date
Arasu & ArunachalamLockedLockedLocked
Premium access

Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

  • Appointment status
  • Appointment dates
  • Cessation dates
  • Auditor changes

Verified entity values are shown only after access is granted.

Ownership and Shareholding of Asap Info Systems Private Limited

Premium access

Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

  • Ownership categories
  • Historical changes
  • Group structure
  • FII and DII holdings

Verified entity values are shown only after access is granted.

Charges & Borrowings of Asap Info Systems Private Limited

Asap Info Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Asap Info Systems Private Limited

Asap Info Systems Private Limited has 1 deal on record (1 acquisition); the latest was in July 2016.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2016Acquisition₹66.85 CrBuyer: Teamlease Services Limited
Premium access

Full deal history

All 1 deals with amounts, valuations, instruments and every party are in the company report.

  • Every funding round and share transfer
  • Amounts and valuations
  • Investors, buyers and sellers
  • Instruments and deal dates

Verified entity values are shown only after access is granted.

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

Employees and EPFO Compliance at Asap Info Systems Private Limited

Asap Info Systems Private Limited has a workforce of 1,446 employees as of Apr 07, 2024.

Employee count
1,446
Active EPFO establishments
1
Employee growth
53.5%
Premium access

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 Asap Info Systems Private Limited

Asap Info Systems Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Shilpa Kamlesh Avarsekar ceased to be Additional Director on 22 Aug 2017.

AGM
Asap Info Systems Private Limited last Annual general meeting of members was held on 22 Aug 2017 as per latest MCA records.
Ceased
Shilpa Kamlesh Avarsekar ceased to be Additional Director.
Filing
Asap Info Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
Appointed
Shilpa Kamlesh Avarsekar was appointed as Director.
Ceased
Ashok Kumar Nedurumalli ceased to be Additional Director.
Ceased
Narayanaswamy Ravi Vishwanath ceased to be Additional Director.
Appointed
Ashok Kumar Nedurumalli was appointed as Director.
Ceased
Kilari Jagannatham Suwresh ceased to be Director.
Ceased
Kilari Suthaa Lakshmi ceased to be Director.
Appointed
Narayanaswamy Ravi Vishwanath was appointed as Director.
Ceased
Bojjinaidu Parthasarathy ceased to be Director.
Ceased
Kannan Ramasamy ceased to be Additional Director.

1 earlier event is listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Asap Info Systems Private Limited

Premium access

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 Asap Info Systems Private Limited

Premium access

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 Asap Info Systems Private Limited

Premium access

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 Asap Info Systems Private Limited

Asap Info Systems has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
5
Cancelled / inactive
5
Premium access

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 Asap Info Systems Private Limited

Premium access

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.

Related news about Asap Info Systems Private Limited

Frequently Asked Questions about Asap Info Systems Private Limited

Asap Info Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Asap Info Systems was a private limited company based in Chennai, Tamil Nadu, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 29 December 1998 and is registered under CIN U30006TN1998PTC041655. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Asap Info Systems was incorporated on 29 December 1998. It is registered with the Registrar of Companies, Chennai.

Asap Info Systems had 3 directors:

The CIN (Corporate Identification Number) of Asap Info Systems is U30006TN1998PTC041655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Asap Info Systems is at #58 Karishma Building 3rd Floor Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034.

Asap Info Systems can be reached through the website asapinfosystems.com. Its registered office is in Chennai, Tamil Nadu, India.

Asap Info Systems reported revenue of ₹64.24 Cr for FY 2017 (up 1% YoY).

Asap Info Systems has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.5 Lakh.

Asap Info Systems reported a net profit of ₹2.09 Cr (net margin 3.3%) and EBITDA of ₹5.95 Cr (EBITDA margin 9.3%) for FY 2017, as per its filed financial statements.

No. Asap Info Systems has 5 GST registrations on record and all of them are cancelled or inactive.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - compiled from official filings and updated regularly.

Subscription plans available