About Ascarit Solutions Private Limited
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Ascarit Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 16 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U47912TG2019PTC132081. Its GSTIN is 36AASCA1799D1ZB (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepa Rani Balne and Chandrakala Nomula.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No: 16 – 30/G1 New Mirzalguda Malkajgiri Rangareddy, Hyderabad, Telangana, India – 500047.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.22 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Lakh (net margin 1.7%) and EBITDA of ₹6.86 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ascar.
For more details, the company can be reached via its website ascarit-solutions-private-limited.business.site.
Company details
CIN history
Ascarit Solutions has one previous CIN (Corporate Identification Number): U72900TG2019PTC132081. The current CIN is U47912TG2019PTC132081, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U47912TG2019PTC132081 | Current |
| U72900TG2019PTC132081 | Previous |
Contact details
Ascarit Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressH.No: 16 – 30/G1 New Mirzalguda Malkajgiri Rangareddy, Hyderabad, Telangana, India – 500047
- IndustryInformation Technology, Software Development & Support Services
- 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
Ascarit Solutions operates one associated brand: Ascar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting, development, and implementation for retail systems worldwide. | ascaritsolutions.com |
Business activity
The main business activity of Ascarit Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ascarit Solutions Private Limited, buy the company report.
Financials of Ascarit Solutions Private Limited
FY 2025 filings availableAscarit Solutions Private Limited reported revenue of ₹1.22 Cr (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 41% growth in the latest year. EBITDA fell 50% 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 |
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| EBITDA | ₹6.86 Lakh | ||||
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| Net Profit (PAT) | ₹2.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Ascarit Solutions Private Limited, buy the company report.
Board of directors of Ascarit Solutions Private Limited
Ascarit Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Rani Balne | Director | 16 Apr 2019 | 7 Years 6 Months | Current |
| Chandrakala Nomula | Director | 16 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Ascarit Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mukesh Infoserve Private Limited | ₹1.22 Cr (FY 2023) | -72.0% | Chennai, Tamil Nadu, India | |||
| Itlg Tech Private Limited | ₹1.22 Cr (FY 2025) | 397.0% | Hyderabad, Telangana, India | |||
| Black Lake Technologies Private Limited | ₹1.22 Cr (FY 2025) | -40.0% | Hyderabad, Telangana, India | |||
| Bitclu Softwares Private Limited | ₹1.22 Cr (FY 2024) | -7.0% | Mohali, Punjab, India | |||
| Millennium Ancillary Services Private Limited | ₹1.22 Cr (FY 2024) | 82.0% | Coimbatore, Tamil Nadu, India | |||
| Ascarit Solutions Private Limitedthis company | ₹1.22 Cr (FY 2024) | ₹2.02 Lakh | 1.7% | 41.0% | Hyderabad, Telangana, India | |
| Quadrant Infotech (India) Private Limited | ₹1.22 Cr (FY 2024) | 49.0% | New Delhi, Delhi, India | |||
| Awgmen Technologies Private Limited | ₹1.22 Cr (FY 2024) | 42.0% | New Delhi, Delhi, India | |||
| BDS IT Solution Private Limited | ₹1.22 Cr (FY 2018) | 15.0% | New Delhi, Delhi, India | |||
| Mavensoft Systems Private Limited | ₹1.22 Cr (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| Qbent Technologies Private Limited | ₹1.21 Cr (FY 2024) | 41.0% | Shibpur, West Bengal, India |
To see the full peer comparison of Ascarit Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ascarit Solutions 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 Ascarit Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascarit Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AASCA1799D1ZB | Telangana | Active | 29 Apr 2019 |
To see the full GST registrations and return filing status of Ascarit Solutions Private Limited, buy the company report.
Recent activity
Ascarit Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Chandrakala Nomula was appointed as Director on 16 Apr 2019.
Frequently asked questions
Ascarit Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 16 April 2019 (7+ years old) and is registered under CIN U47912TG2019PTC132081.
Ascarit Solutions has 2 current directors:
- Deepa Rani Balne - Director
- Chandrakala Nomula - Director
The latest financial statements of Ascarit Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ascarit Solutions is 36AASCA1799D1ZB, registered in Telangana.
The CIN (Corporate Identification Number) of Ascarit Solutions is U47912TG2019PTC132081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascarit Solutions was incorporated on 16 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ascarit Solutions by revenue are Mukesh Infoserve Private Limited, Itlg Tech Private Limited, Black Lake Technologies Private Limited, Bitclu Softwares Private Limited, Millennium Ancillary Services Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Chandrakala Nomula was appointed as Director on 16 Apr 2019. Deepa Rani Balne was appointed as Director on 16 Apr 2019.
Ascarit Solutions can be reached through the website ascarit-solutions-private-limited.business.site. Its registered office is in Hyderabad, Telangana, India.
The registered office of Ascarit Solutions is at H.No: 16 – 30G1 New Mirzalguda Malkajgiri Rangareddy, Hyderabad, Telangana, India – 500047.
Ascarit Solutions operates in the information technology industry, in the software development and support services segment.