About Asepco Solutions Private Limited
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Asepco Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 05 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC265204. Its GSTIN is 27AANCA7960P1ZR (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.38 Cr. It is led by directors including Krishna Ramesh Chandak and Rajen Nanalal Shanghvi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.95 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹5.2 Cr (net margin -58.1%) and EBITDA of -₹4.4 Cr (EBITDA margin -49.2%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 24% over five years.
The company is associated with 1 brand: TEGO. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.14 Cr; the latest was in October 2019. Its 10 peer companies in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Jai Hanuman Cloth Agencies Private Limited with revenue of ₹8.97 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 56 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asepco.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBrij Bhoomi Building 3rd Floor B – Wing Above Canara Bank Nehru Road Vile Parle, East, Mumbai, Maharashtra, India – 400057
- IndustryConsumer Goods, Sports Equipment 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
- One PDF report, delivered after checkout
Business Activity of Asepco Solutions Private Limited
The main business activity of Asepco Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Asepco Solutions Private Limited FY 2024 filings available
Asepco Solutions Private Limited reported revenue of ₹8.95 Cr (up 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asepco Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 55% growth in the latest year. EBITDA fell 37% 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 Asepco Solutions 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 | -₹4.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.2 Cr | •••• | •••• | •••• | •••• |
| 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 Asepco Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -49.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -58.1% | •••• | •••• | •••• | •••• |
| 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 Asepco Solutions are in the company report.
Financial statements from FY 2016
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 Asepco Solutions Private Limited
Asepco Solutions Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Textile 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 |
|---|---|---|---|---|---|---|
| Jai Hanuman Cloth Agencies Private Limited | ₹8.97 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Newtex Global Trading Private Limited | ₹8.96 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Gurgaon, Haryana, India |
| Mytia Exports Private Limited | ₹8.96 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Ludhiana, Punjab, India |
| Glory Knitwears Private Limited | ₹8.95 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Punjab, India |
| Kumar Emporium Private Limited | ₹8.95 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Ahmedabad, Gujarat, India |
| Asepco Solutions Private Limited this company | ₹8.95 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Mumbai, Maharashtra, India |
| Fantail Digital Private Limited | ₹8.94 Cr (FY 2025) | •••• | •••• | 193.0% | •••• | Bangalore, Karnataka, India |
| Ureha Marketing Private Limited | ₹8.94 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Kanpur, Uttar Pradesh, India |
| Svpa Exports Private Limited | ₹8.94 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Noida, Uttar Pradesh, India |
| Rimras Shoes Private Limited | ₹8.93 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| United Weavers India Private Limited | ₹8.93 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Asepco Solutions by revenue in the Apparel industry (Apparel Retail and Distribution, Textile 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 Asepco Solutions Private Limited
Asepco Solutions Private Limited is audited by BATHIYA & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BATHIYA & ASSOCIATES LLP | 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 Asepco Solutions Private Limited
Asepco Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Ramesh Chandak | Director | 05 Jun 2015 | 11 Years 4 Months | Current |
| Rajen Nanalal Shanghvi | Director | 20 Oct 2016 | 9 Years 11 Months | Current |
| Naik Ashish Manharlal | Director | 05 Jun 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Asepco Solutions 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 Asepco Solutions Private Limited
Asepco Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Asepco Solutions Private Limited
Asepco Solutions Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.14 Cr; the latest was in October 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Funding round | ₹68.6 Lakh | Investors: an individual |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2019 | Funding round | ₹1 Cr | Investors: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Seven Capital Ventures LLP |
| Sep 2016 | Rights issue | ₹9.5 Lakh | Investors: Seven Capital Ventures LLP , 2 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Asepco Solutions Private Limited
Asepco Solutions Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 56 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Parekh Sharma & Associates | •••• | •••• | •••• |
| Powerpoint Cartridges Pvt. Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| KJB & Co LLP | •••• | •••• | •••• |
| S H B A & Co LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Asepco Solutions Private Limited
Employment history and EPFO contributions of people linked to Asepco Solutions.
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 Asepco Solutions Private Limited
Asepco Solutions Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Rajen Nanalal Shanghvi was appointed as Director on 20 Oct 2016.
Credit Ratings, Litigation & Regulatory Alerts for Asepco Solutions 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.
Subsidiaries & Group Companies of Asepco Solutions 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 Asepco Solutions Private Limited
Asepco Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA7960P1ZR | Maharashtra | 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 Asepco Solutions 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 Asepco Solutions Private Limited
Asepco Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 05 June 2015 (11+ years old) and is registered under CIN U74999MH2015PTC265204.
Asepco Solutions reported revenue of ₹8.95 Cr for FY 2024 (up 55% YoY).
Asepco Solutions has 3 current directors:
- Krishna Ramesh Chandak - Director
- Rajen Nanalal Shanghvi - Director
- Naik Ashish Manharlal - Director
Asepco Solutions reported a net loss of ₹5.2 Cr (net margin -58.1%) and EBITDA of -₹4.4 Cr (EBITDA margin -49.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asepco Solutions is 32% over three years and 24% over five years. In the latest year (FY 2024) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asepco Solutions is 27AANCA7960P1ZR, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Asepco Solutions is U74999MH2015PTC265204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asepco Solutions was incorporated on 05 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Asepco Solutions has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.14 Cr; the latest was in October 2019.
The peers of Asepco Solutions by revenue are Jai Hanuman Cloth Agencies Private Limited, Newtex Global Trading Private Limited, Mytia Exports Private Limited, Glory Knitwears Private Limited, Kumar Emporium Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution).
Rajen Nanalal Shanghvi was appointed as Director on 20 Oct 2016. Krishna Ramesh Chandak was appointed as Director on 05 Jun 2015. Naik Ashish Manharlal was appointed as Director on 05 Jun 2015.
Asepco Solutions has 11 MSME Form 1 returns on record between 2019 and 2023, listing 56 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Aug 2023.