MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0008571
Ase Ingenierie Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.33 Cr
▼ 23% YoY
Net loss · FY 2025
₹1.19 Cr
Net margin -12.7%
EBITDA · FY 2025
-₹58.38 Lakh
EBITDA margin -6.3%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹65 Lakh
Issued & subscribed
Open charges
₹5.73 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Ase Ingenierie Private Limited
Data last updated:
Ase Ingenierie Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 15 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2013PTC073373. Its GSTIN is 24AAMCA7280M1Z7 (Gujarat).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹65 Lakh. It was formerly known as Ase Engineering Private Limited and Ase Marketing Private Limited. It is led by directors including Arpit Shrikant Parikh and Archit Shrikantbhai Parikh.
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 611 A Silver Line Besides World Trade Center Sayaji Gunj, Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.33 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Cr (net margin -12.7%) and EBITDA of -₹58.38 Lakh (EBITDA margin -6.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹5.73 Cr on record.
Ase Ingenierie Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0008571). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asegroup.in.
Company details
CIN U29100GJ2013PTC073373
Registration Number 073373
Incorporation Date 15 January 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0008571
Name history
Ase Ingenierie has undergone 4 name changes throughout its history. The current legal name is Ase Ingenierie Private Limited.
| Company Name | Status |
|---|---|
| Ase Ingenierie Private Limited | Current |
| Ase Engineering Private Limited | Previous |
| Ase Marketing Private Limited | Previous |
| Ase Group Private Limited | Previous |
| As Renewable Energy Private Limited | Previous |
CIN history
Ase Ingenierie has one previous CIN (Corporate Identification Number): U40106GJ2013PTC073373. The current CIN is U29100GJ2013PTC073373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100GJ2013PTC073373 | Current |
| U40106GJ2013PTC073373 | Previous |
Key People
Arpit Shrikant Parikh Director Archit Shrikantbhai Parikh Director Hemaxi Archit Parikh Director Recognitions & Rankings of Ase Ingenierie
Contact details
Ase Ingenierie Private Limited's registered office is in Vadodara, Gujarat. Its website is asegroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address611 A Silver Line Besides World Trade Center Sayaji Gunj, Vadodara, Gujarat, India – 390005
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Ase Ingenierie Private Limited, buy the company report.
Comprehensive company report
Ase Ingenierie 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
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Business activity
The main business activity of Ase Ingenierie is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ase Ingenierie Private Limited, buy the company report.
Financials of Ase Ingenierie Private Limited
FY 2025 filings availableAse Ingenierie Private Limited reported revenue of ₹9.33 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹9.33 Cr ▼ 23%
Net loss · FY 2025
₹1.19 Cr margin -12.7%
EBITDA · FY 2025
-₹58.38 Lakh margin -6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 4%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 172%
3 years · compounded
▼ 43%
5 years · compounded
▼ 23%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 172% 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 |
|---|---|---|---|---|---|
| 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 | -₹58.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | -6.3% | ||||
| Net Profit Margin | -12.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ase Ingenierie Private Limited, buy the company report.
Board of directors of Ase Ingenierie Private Limited
Ase Ingenierie has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Shrikant Parikh Also directs: Vednavya Private Limited, Ara Leisure Hospitality Private Limited | Director | 15 Jan 2013 | 13 Years 9 Months | Current |
| Archit Shrikantbhai Parikh Also directs: Vednavya Private Limited, Ara Leisure Hospitality Private Limited | Director | 15 Jan 2013 | 13 Years 9 Months | Current |
| Hemaxi Archit Parikh Also directs: Vednavya Private Limited, Ara Leisure Hospitality Private Limited | Director | 03 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Ase Ingenierie Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Compressor Services Private Limited | ₹9.36 Cr (FY 2025) | 41.0% | Ahmedabad, Gujarat, India | |||
| Lucky Machines Private Limited | ₹9.35 Cr (FY 2025) | -8.0% | Faridabad, Haryana, India | |||
| Ase Ingenierie Private Limitedthis company | ₹9.33 Cr (FY 2025) | -₹1.19 Cr | -12.7% | -23.0% | Vadodara, Gujarat, India | |
| Lotus Machineries Solutions Private Limited | ₹9.33 Cr (FY 2024) | Gurgaon, Haryana, India | ||||
| Winner Technoplast Private Limited | ₹9.33 Cr (FY 2025) | 69.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Ase Ingenierie Private Limited, buy the company report.
Auditor
Ase Ingenierie Private Limited is audited by M V SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V SHAH & CO | FY 2020 | 109677W |
Shareholding
The shareholding of Ase Ingenierie Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ase Ingenierie Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.73 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2025 | 101131838 | Axis Bank Limited | ₹1.49 Cr | Open | |
| 13 Feb 2019 | 100248992 | Others | ₹4.24 Cr | Open |
To see the full charge records of Ase Ingenierie Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ase Ingenierie 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 Ase Ingenierie Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ase Ingenierie has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCA7280M1Z7 | Gujarat | Active | 06 Feb 2018 |
To see the full GST registrations and return filing status of Ase Ingenierie Private Limited, buy the company report.
Recent activity
Ase Ingenierie Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Hemaxi Archit Parikh ceased to be Additional Director on 29 Sep 2024.
AGM
Ase Ingenierie Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 149.00 Lakh with Charge ID 101131838 was registered on 09 Jul 2025.
Filing
Ase Ingenierie Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Hemaxi Archit Parikh ceased to be Additional Director.
Appointed
Hemaxi Archit Parikh was appointed as Director.
Charges
A charge with Others of Rs. 423.75 Lakh registered on 13 Feb 2019 with Charge ID 100248992 was modified on 21 Mar 2023.
Charges
A charge with Others amounted to Rs. 423.75 Lakh with Charge ID 100248992 was registered on 13 Feb 2019.
Appointed
Archit Shrikantbhai Parikh was appointed as Director.
Appointed
Arpit Shrikant Parikh was appointed as Director.
Incorporation
15 Jan 2013
Ase Ingenierie Private Limited was registered on 15 Jan 2013 with Roc Ahmedabad & aged 13 years 9 months as per MCA records.
Frequently asked questions
Ase Ingenierie is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 15 January 2013 (13+ years old) and is registered under CIN U29100GJ2013PTC073373.
Ase Ingenierie has 3 current directors:
- Arpit Shrikant Parikh - Director
- Archit Shrikantbhai Parikh - Director
- Hemaxi Archit Parikh - Director
The latest financial statements of Ase Ingenierie on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ase Ingenierie is 24AAMCA7280M1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Ase Ingenierie is U29100GJ2013PTC073373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ase Ingenierie was incorporated on 15 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ase Ingenierie by revenue are Prime Compressor Services Private Limited, Lucky Machines Private Limited, Lotus Machineries Solutions Private Limited, Winner Technoplast Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Hemaxi Archit Parikh ceased to be Additional Director on 29 Sep 2024. Hemaxi Archit Parikh was appointed as Director on 03 Apr 2024. Archit Shrikantbhai Parikh was appointed as Director on 15 Jan 2013. Ase Ingenierie has 4 board changes on record in total.
Yes, Ase Ingenierie is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0008571).
Ase Ingenierie can be reached through the website asegroup.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Ase Ingenierie is at 611 A Silver Line Besides World Trade Center Sayaji Gunj, Vadodara, Gujarat, India – 390005.
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