MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0005387
Asawa Insulation Private Limited - energy and power in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹147.5 Cr
▲ 6% YoY
Net profit · FY 2025
₹7.52 Cr
Net margin 5.1%
EBITDA · FY 2025
₹17.07 Cr
EBITDA margin 11.6%
Authorised capital
₹41.67 Lakh
Registered with MCA
Paid-up capital
₹41.67 Lakh
Issued & subscribed
Open charges
₹101.52 Cr
Satisfied ₹12.2 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
210
Provident fund records
About Asawa Insulation Private Limited
Data last updated:
Asawa Insulation Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 12 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC200851. Its GSTIN is 27AAICA3031C1Z9 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹41.67 Lakh and a paid-up capital of ₹41.67 Lakh. It is led by directors including Shyamsunder Balchand Asawa and Manish Asawa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 805 8th Floor Cyber One Plot No. 4 & 6 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.5 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.52 Cr (net margin 5.1%) and EBITDA of ₹17.07 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 25% over five years.
The company has about 210 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Asawa. As per MCA filings, the company has open charges of ₹101.52 Cr and satisfied charges of ₹12.2 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending.
Asawa Insulation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0005387). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asawainsulation.com.
Company details
CIN U74900MH2010PTC200851
Registration Number 200851
Incorporation Date 12 March 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0005387
Recognitions & Rankings of Asawa Insulation
Contact details
Asawa Insulation Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is asawainsulation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 805 8th Floor Cyber One Plot No. 4 & 6 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Asawa Insulation Private Limited, buy the company report.
Comprehensive company report
Asawa Insulation 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Asawa Insulation operates one associated brand: Asawa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Pre-Insulated Panels and accessories for HVAC and insulation applications. | asawainsulation.com |
Business activity
The main business activity of Asawa Insulation is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Asawa Insulation Private Limited, buy the company report.
Financials of Asawa Insulation Private Limited
FY 2024 filings availableAsawa Insulation Private Limited reported revenue of ₹147.5 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹147.5 Cr ▲ 6%
Net profit · FY 2025
₹7.52 Cr margin 5.1%
EBITDA · FY 2025
₹17.07 Cr margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 23%
5 years · compounded
▲ 25%
EBITDA CAGR growth
3 years · compounded
▲ 27%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 6% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹17.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.52 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Asawa Insulation Private Limited, buy the company report.
Board of directors of Asawa Insulation Private Limited
Asawa Insulation has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamsunder Balchand Asawa Also directs: Vista Conchem Private Limited | Director | 12 Mar 2010 | 16 Years 7 Months | Current |
| Manish Asawa Also directs: Azeonics Private Limited | Director | 12 Mar 2010 | 16 Years 7 Months | Current |
| Raj Kumari Asawa | Director | 12 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Asawa Insulation Private Limited is audited by E A Patil & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E A Patil & Associates LLP | FY 2023 | 117371W/W100092 |
Shareholding
The shareholding of Asawa Insulation 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 Asawa Insulation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹101.52 Cr
Satisfied charges
₹12.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2025 | 101039204 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 06 Mar 2024 | 100882047 | Sidbi | ₹1.2 Cr | Open | |
| 12 Feb 2024 | 100876103 | Sidbi | ₹97.14 Lakh | Open | |
| 06 Jun 2023 | 100731450 | Others | ₹1.2 Cr | Open | |
| 06 Jun 2023 | 100731447 | Others | ₹2.37 Cr | Open |
To see the full charge records of Asawa Insulation Private Limited, buy the company report.
Total charge records: 32 View all charges
Legal cases
Asawa Insulation Private Limited has 4 court cases on record: 3 filed by Asawa Insulation, 1 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 2 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O.(COMM.IPD-PAT)) | Filed against the company by Mechmaark Filtechindia Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Mechmaark Filtech India Private Limited & Ors. | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Enpal Aircon Pvt Ltd Behalf Harshal Parab | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Asawa Insulation 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.
Credit ratings & regulatory alerts
Asawa Insulation Private Limited was last rated by Crisil on 05 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Feb 2021 |
To see the full credit ratings and regulatory alerts of Asawa Insulation Private Limited, buy the company report.
MSME payment delays
Asawa Insulation Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 35 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| E A Patil & Associates LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Urja Sealants Private Limited |
To see the full MSME payment records of Asawa Insulation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Asawa Insulation Private Limited has a workforce of 210 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
210
Active EPFO establishments
1
Employee growth
16.67%
GST
Asawa Insulation has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA3031C1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 19AAICA3031C1Z6 | West Bengal | Active | 01 Jul 2017 |
| 36AAICA3031C1ZA | Telangana | Active | 25 Feb 2020 |
| 07AAICA3031C1ZB | Delhi | Active | 16 Apr 2022 |
To see the full GST registrations and return filing status of Asawa Insulation Private Limited, buy the company report.
Recent activity
Asawa Insulation Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Manish Asawa was appointed as Director on 12 Mar 2010.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 101039204 was registered on 28 Jan 2025.
Charges
A charge with Others of Rs. 1,950.00 Lakh registered on 22 Nov 2022 with Charge ID 100648239 was modified on 03 Dec 2024.
AGM
Asawa Insulation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 318.70 Lakh registered on 18 Jul 2022 with Charge ID 100605260 was modified on 22 Aug 2024.
Filing
Asawa Insulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Sidbi amounted to Rs. 120.47 Lakh with Charge ID 100882047 was registered on 06 Mar 2024.
Charges
A charge with Sidbi amounted to Rs. 97.14 Lakh with Charge ID 100876103 was registered on 12 Feb 2024.
Charges
A charge with Others of Rs. 2,187.00 Lakh registered on 18 Jul 2022 with Charge ID 100605270 was modified on 08 Nov 2023.
Charges
A charge with Others of Rs. 620.00 Lakh registered on 19 Apr 2021 with Charge ID 100449623 was modified on 25 Oct 2023.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100731450 was registered on 06 Jun 2023.
Charges
A charge with Others amounted to Rs. 237.00 Lakh with Charge ID 100731447 was registered on 06 Jun 2023.
Charges
A charge with The South Indian Bank Limited of Rs. 2,396.35 Lakh registered on 16 Nov 2015 with Charge ID 10612040 was modified on 29 May 2023.
38 earlier events are in the company report.
Frequently asked questions
Asawa Insulation is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 12 March 2010 (16+ years old) and is registered under CIN U74900MH2010PTC200851.
Asawa Insulation has 3 current directors:
- Shyamsunder Balchand Asawa - Director
- Manish Asawa - Director
- Raj Kumari Asawa - Director
The latest financial statements of Asawa Insulation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Asawa Insulation is 27AAICA3031C1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 19AAICA3031C1Z6 (West Bengal), 36AAICA3031C1ZA (Telangana), 07AAICA3031C1ZB (Delhi).
The CIN (Corporate Identification Number) of Asawa Insulation is U74900MH2010PTC200851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asawa Insulation has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Asawa Insulation was incorporated on 12 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Manish Asawa was appointed as Director on 12 Mar 2010. Raj Kumari Asawa was appointed as Director on 12 Mar 2010. Shyamsunder Balchand Asawa was appointed as Director on 12 Mar 2010.
Yes, Asawa Insulation is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0005387).
Asawa Insulation has 7 MSME Form 1 returns on record between 2021 and 2023, listing 35 overdue payments to 8 micro and small suppliers. The latest return was filed on 26 Aug 2023.
Asawa Insulation can be reached through the website asawainsulation.com. Its registered office is in Navi Mumbai, Maharashtra, India.