About Asear Technology Private Limited
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Asear Technology Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2016PTC218463. Its GSTIN is 19AAOCA9476H1ZX (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Seema Shah and Rakesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 40 Weston Street 3rd Floor Room No 25, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.75 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹63,459 (net margin 0.9%) and EBITDA of ₹1.48 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 25% over five years.
The company is associated with 1 brand: Asear Air Purifier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asearairpurifier.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address40 Weston Street 3rd Floor Room No 25, Kolkata, West Bengal, India – 700013
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 of Asear Technology Private Limited
The main business activity of Asear Technology is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Asear Technology Private Limited FY 2024 filings available
Asear Technology Private Limited reported revenue of ₹72.75 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asear Technology Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 32% 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 of Asear Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63,459 | •••• | •••• | •••• | •••• |
| 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 Asear Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Asear Technology are in the company report.
Financial statements from FY 2017
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 Asear Technology Private Limited
Asear Technology Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaysons Associates Private Limited | ₹72.9 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Delhi, India |
| Ultravoilet Print Machinery Private Limited | ₹72.87 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Pune, Maharashtra, India |
| Dekson Power Private Limited | ₹72.79 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Faridabad, Haryana, India |
| Agh Tradezone Private Limited | ₹72.77 Lakh (FY 2024) | •••• | •••• | 1183.0% | •••• | Lucknow, Uttar Pradesh, India |
| Subh-Labh Home Appliances Private Limited | ₹72.77 Lakh (FY 2024) | •••• | •••• | 442.0% | •••• | Thane, Maharashtra, India |
| Asear Technology Private Limited this company | ₹72.75 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Seepra Refrigeration Pvt.Ltd. | ₹72.72 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
| Digi-In Systems Private Limited | ₹72.68 Lakh (FY 2025) | •••• | •••• | 174.0% | •••• | Delhi, India |
| Brios Properties Private Limited | ₹72.57 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Chennai, Tamil Nadu, India |
| Jaash Electronic Cluster Private Limited | ₹72.24 Lakh (FY 2024) | •••• | •••• | 14.0% | •••• | Kumbakonam, Tamil Nadu, India |
| Aubrietas Technology Private Limited | ₹72.2 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Asear Technology by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asear Technology Private Limited
Asear Technology Private Limited is audited by SHIVAM MUNDRA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIVAM MUNDRA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asear Technology Private Limited
Asear Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Shah | Director | 29 Nov 2016 | 9 Years 10 Months | Current |
| Rakesh Shah | Director | 29 Nov 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Asear Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asear Technology Private Limited
Asear Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Asear Technology Private Limited
Asear Technology operates one associated brand: Asear Air Purifier. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers air purifiers, humidifiers, and dehumidifiers for improved indoor air quality. | asearairpurifier.com |
Employees and EPFO Compliance at Asear Technology Private Limited
Employment history and EPFO contributions of people linked to Asear Technology.
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 Asear Technology Private Limited
Asear Technology Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Rakesh Shah was appointed as Director on 29 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Asear Technology Private Limited
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 Asear Technology Private Limited
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 Asear Technology Private Limited
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 Asear Technology Private Limited
Asear Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAOCA9476H1ZX | West Bengal | Active | 01 Jul 2017 |
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 Asear Technology Private Limited
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 Asear Technology Private Limited
Asear Technology is an active private limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 November 2016 (10+ years old) and is registered under CIN U74999WB2016PTC218463.
Asear Technology reported revenue of ₹72.75 Lakh for FY 2024 (down 6% YoY).
Asear Technology has 2 current directors:
- Seema Shah - Director
- Rakesh Shah - Director
Asear Technology reported a net profit of ₹63,459 (net margin 0.9%) and EBITDA of ₹1.48 Lakh (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asear Technology is 10% over three years and 25% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asear Technology is 19AAOCA9476H1ZX, registered in West Bengal.
The CIN (Corporate Identification Number) of Asear Technology is U74999WB2016PTC218463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asear Technology was incorporated on 29 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Asear Technology by revenue are Kaysons Associates Private Limited, Ultravoilet Print Machinery Private Limited, Dekson Power Private Limited, Agh Tradezone Private Limited, Subh-Labh Home Appliances Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Rakesh Shah was appointed as Director on 29 Nov 2016. Seema Shah was appointed as Director on 29 Nov 2016.
Asear Technology can be reached through the website asearairpurifier.com. Its registered office is in Kolkata, West Bengal, India.