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 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in July 2016.
The last known website on record is asapinfosystems.com.
Company details
Contact details
Asap Info Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is asapinfosystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#58 Karishma Building 3rd Floor Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Asap Info Systems 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
Brands
Asap Info Systems operates one associated brand: ASAP Info System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| BPO services for finance and industry-specific sectors are offered. | asapinfosystems.com |
Business activity
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Asap Info Systems Private Limited, buy the company report.
Financials of Asap Info Systems Private Limited
FY 2017 filings availableAsap Info Systems Private Limited reported revenue of ₹64.24 Cr (up 1% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹5.95 Cr | ||
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| Net Profit (PAT) | ₹2.09 Cr | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.3% | ||
| Net Profit Margin | 3.3% | ||
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To see the full financial statements and ratios of Asap Info Systems Private Limited, buy the company report.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Kamlesh Avarsekar Also directs: National Employability Apprenticeship Services | Director | 08 Nov 2016 | 9 Years 11 Months | As last reported |
| Narayanaswamy Ravi Vishwanath Also directs: Rakksha Management Consultants LLP, Oceanic Sports Management LLP, Sri Vidya Mandir Education Foundation and 1 more | Director | 31 Aug 2016 | 10 Years 1 Months | As last reported |
| Ashok Kumar Nedurumalli Also directs: Ned Consultants LLP, Teamlease Services Limited, Dihea Products India Private Limited and 2 more | Director | 31 Aug 2016 | 10 Years 1 Months | As last reported |
Auditor
Asap Info Systems Private Limited is audited by Arasu & Arunachalam for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arasu & Arunachalam | FY 2016 |
Shareholding
The shareholding of Asap Info Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asap Info Systems Private Limited, buy the company report.
Deals & funding
Asap Info Systems Private Limited has 1 deal on record (1 acquisition); the latest was in July 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Acquisition | ₹66.85 Cr | Buyer: Teamlease Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asap Info Systems Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Asap Info Systems Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asap Info Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asap Info Systems Private Limited has a workforce of 1,446 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
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.
To see the full GST registrations and return filing status of Asap Info Systems Private Limited, buy the company report.
Recent activity
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.
1 earlier event is in the company report.
Frequently asked questions
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:
- Shilpa Kamlesh Avarsekar - Director
- Narayanaswamy Ravi Vishwanath - Director
- Ashok Kumar Nedurumalli - Director
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.
The latest financial statements of Asap Info Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 22 August 2017. Year-wise statements from 2015 are in the company report.
No. Asap Info Systems has 5 GST registrations on record and all of them are cancelled or inactive.
Asap Info Systems operated in the business outsourcing industry, in the HR outsourcing and talent management segment.