About Asha Colours Private Limited
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Asha Colours Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 20 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC065530. Its GSTIN is 24AAJCA5140R1ZD (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Assandas Purshottamdas Punjabi and Manishkumar Assandas Panjabi.
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 Ashahousec21Stbusinesscentre Nearworldtradecentre Ringroad, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.69 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹10.92 Lakh (net margin 0.9%) and EBITDA of ₹23.25 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashaexports.com.
Company details
Contact details
Asha Colours Private Limited's registered office is in Surat, Gujarat. Its website is ashaexports.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAshahousec21Stbusinesscentre Nearworldtradecentre Ringroad, Surat, Gujarat, India – 395002
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Asha Colours Private Limited, buy the company report.
- 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
Business activity
The main business activity of Asha Colours is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Asha Colours Private Limited, buy the company report.
Financials of Asha Colours Private Limited
FY 2025 filings availableAsha Colours Private Limited reported revenue of ₹11.69 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 43% 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 |
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| EBITDA | ₹23.25 Lakh | ||||
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| Net Profit (PAT) | ₹10.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Asha Colours Private Limited, buy the company report.
Board of directors of Asha Colours Private Limited
Asha Colours has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Assandas Purshottamdas Punjabi | Director | 20 May 2011 | 15 Years 5 Months | Current |
| Manishkumar Assandas Panjabi | Director | 20 May 2011 | 15 Years 5 Months | Current |
| Girdhari Assandas Punjabi | Director | 20 May 2011 | 15 Years 5 Months | Current |
Peer comparison
Asha Colours Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pushpa Multi Texfab Private Limited | ₹11.73 Cr (FY 2025) | 1.0% | Kishangarh, Rajasthan, India | |||
| Pret Interpret Clothing Private Limited | ₹11.72 Cr (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Yoyo Fashion India Private Limited | ₹11.72 Cr (FY 2025) | 54.0% | Surat, Gujarat, India | |||
| Unique Wears Private Limited | ₹11.7 Cr (FY 2024) | -24.0% | New Delhi, Delhi, India | |||
| Asha Colours Private Limitedthis company | ₹11.69 Cr (FY 2025) | ₹10.92 Lakh | 0.9% | -18.0% | 6 | Surat, Gujarat, India |
| Kiran Fashions Private Limited | ₹11.68 Cr (FY 2025) | -11.0% | Surat, Gujarat, India | |||
| Salasarr Balaji Textile Private Limited | ₹11.68 Cr (FY 2025) | 55.0% | Kishangarh, Rajasthan, India | |||
| Callino India Private Limited | ₹11.68 Cr (FY 2025) | -33.0% | Delhi, India |
To see the full peer comparison of Asha Colours Private Limited, buy the company report.
Auditor
Asha Colours Private Limited is audited by HEMANT P DALAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMANT P DALAL & CO | FY 2021 | 115329W |
Shareholding
The shareholding of Asha Colours Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Asha Colours Private Limited, buy the company report.
Legal cases
Asha Colours Private Limited has 1 court case on record: 1 filed by Asha Colours. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (SMCST) | Filed by the company against Sekar Emporium Textiles P Ltd and 4 others | Disposed |
To see the full case history of Asha Colours Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asha Colours Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asha Colours Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Asha Colours has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA5140R1ZD | Gujarat | Active | 06 Jul 2017 |
To see the full GST registrations and return filing status of Asha Colours Private Limited, buy the company report.
Recent activity
Asha Colours Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Murli Assandas Punjabi ceased to be Director on 25 Mar 2018.
Frequently asked questions
Asha Colours is an active private limited company based in Surat, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 20 May 2011 (15+ years old) and is registered under CIN U17120GJ2011PTC065530.
Asha Colours has 3 current directors:
- Assandas Purshottamdas Punjabi - Director
- Manishkumar Assandas Panjabi - Director
- Girdhari Assandas Punjabi - Director
The latest financial statements of Asha Colours 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 Asha Colours is 24AAJCA5140R1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Asha Colours is U17120GJ2011PTC065530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Colours has 1 court case on record: 1 filed by the company.
Asha Colours was incorporated on 20 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Asha Colours by revenue are Pushpa Multi Texfab Private Limited, Pret Interpret Clothing Private Limited, Yoyo Fashion India Private Limited, Unique Wears Private Limited, Kiran Fashions Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Murli Assandas Punjabi ceased to be Director on 25 Mar 2018. Assandas Purshottamdas Punjabi was appointed as Director on 20 May 2011. Girdhari Assandas Punjabi was appointed as Director on 20 May 2011. Asha Colours has 4 board changes on record in total.
Asha Colours can be reached through the website ashaexports.com. Its registered office is in Surat, Gujarat, India.
The registered office of Asha Colours is at Ashahousec21Stbusinesscentre Nearworldtradecentre Ringroad, Surat, Gujarat, India – 395002.
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