Asco Foundation
About Asco Foundation
Data last updated:
Asco Foundation is a private not for profit company based in Chennai, Tamil Nadu, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 28 June 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85300TN2022NPL153419.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Sonika and Kantilal Nitin Kumar Jain.
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 No.33 3rd Cross Street M.K.B Nagar, Chennai, Tamil Nadu, India – 600039.
As per the financials filed for FY 2025, the company reported a revenue of ₹12,500, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹4,657 (net margin -37.3%) and EBITDA of -₹4,657 (EBITDA margin -37.3%).
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- Registered AddressNo.33 3rd Cross Street M.K.B Nagar, Chennai, Tamil Nadu, India – 600039
- IndustryNon-Profit Organizations, Social Work
- 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
Business Activity of Asco Foundation
The main business activity of Asco Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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 Asco Foundation FY 2025 filings available
Asco Foundation reported revenue of ₹12,500 (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asco Foundation
Revenue fell 90% in the latest year. EBITDA rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Asco Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹4,657 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4,657 | •••• | •••• |
| 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 Asco Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -37.3% | •••• | •••• |
| Net Profit Margin | -37.3% | •••• | •••• |
| 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 Asco Foundation are in the company report.
Financial statements from FY 2023
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.
Peer Comparison of Asco Foundation
Asco Foundation is compared with the companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nyuu Enlightened Health Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| 123Care Consulting (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Rees Medi Life Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Ayurveda MSD Healing Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Livnair Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Asco Foundation this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Medic Tech Private Limited | •••• | •••• | •••• | •••• | - | Shahdara, Delhi, India |
| Parkash Global Private Limited | •••• | •••• | •••• | •••• | - | Sirsa, Haryana, India |
| Charnock Senior Living Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ayu Health Allied Services Private Limited | •••• | •••• | •••• | •••• | - | Ponneri, Tamil Nadu, India |
| Orisoniva Health Care Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Asco Foundation by revenue in the Healthcare industry (Preventive Healthcare Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Asco Foundation
Asco Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantilal Nitin Kumar Jain Also directs: Paytax Support LLP | Additional Director | 30 Jun 2023 | 3 Years 3 Months | Current |
| Ajay Sonika Also directs: Paytax Support LLP | Director | 28 Jun 2022 | 4 Years 3 Months | Current |
Charges & Borrowings of Asco Foundation
Asco Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asco Foundation
Employment history and EPFO contributions of people linked to Asco Foundation.
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 Asco Foundation
Asco Foundation has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Sajjanraj Daga ceased to be Director on 07 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Asco Foundation
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 Asco Foundation
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 Asco Foundation
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 Asco Foundation
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 Asco Foundation
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.
Frequently Asked Questions about Asco Foundation
Asco Foundation is an active private not for profit company based in Chennai, Tamil Nadu, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 28 June 2022 (4+ years old) and is registered under CIN U85300TN2022NPL153419.
Asco Foundation reported revenue of ₹12,500 for FY 2025 (down 90% YoY).
Asco Foundation has 2 current directors:
- Kantilal Nitin Kumar Jain - Additional Director
- Ajay Sonika - Director
Asco Foundation reported a net loss of ₹4,657 (net margin -37.3%) and EBITDA of -₹4,657 (EBITDA margin -37.3%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Asco Foundation is U85300TN2022NPL153419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asco Foundation was incorporated on 28 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Asco Foundation by revenue are Nyuu Enlightened Health Private Limited, 123Care Consulting (OPC) Private Limited, Rees Medi Life Private Limited, Ayurveda MSD Healing Private Limited, Livnair Private Limited and 5 more, all in the Healthcare industry (Preventive Healthcare Services).
Sajjanraj Daga ceased to be Director on 07 Sep 2024. Kantilal Nitin Kumar Jain was appointed as Additional Director on 30 Jun 2023. Ajay Sonika was appointed as Director on 28 Jun 2022.
The registered office of Asco Foundation is at No.33 3rd Cross Street M.K.B Nagar, Chennai, Tamil Nadu, India – 600039.
Asco Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Asco Foundation operates in the non-profit organizations industry, in the social work segment.