MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0005510
Asha Ventures Private Limited - machinery and equipment in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.2 Cr
▲ 46% YoY
Net profit · FY 2023
₹55.84 Lakh
Net margin 5.5%
EBITDA · FY 2023
₹1.07 Cr
EBITDA margin 10.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹38.56 Lakh
Issued & subscribed
Open charges
₹10.23 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
About Asha Ventures Private Limited
Data last updated:
Asha Ventures Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC196874. Its GSTIN is 27AAICA1786C1ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹38.56 Lakh. It is led by directors including Sivakumar Ramasamy and Ravindrakumar Janardan Kadukar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Unit No B – 5/25 Bhumi World Industrial Park Village Pimplas, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.2 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹55.84 Lakh (net margin 5.5%) and EBITDA of ₹1.07 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹10.23 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.18 Cr; the latest was in May 2017.
Asha Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0005510). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avplcoldchain.com.
Company details
CIN U74990MH2009PTC196874
Registration Number 196874
Incorporation Date 05 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0005510
Key People
Sivakumar Ramasamy Director Ravindrakumar Janardan Kadukar Director Chandraprakash Bhagirath Laddha Director Recognitions & Rankings of Asha Ventures
Contact details
Asha Ventures Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is avplcoldchain.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No B – 5/25 Bhumi World Industrial Park Village Pimplas, Bhiwandi, Maharashtra, India – 421302
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Asha Ventures Private Limited, buy the company report.
Comprehensive company report
Asha Ventures 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 activities of Asha Ventures are trade and goods and service producing activities of households for own use. In detail, this covers wholesale trading and activities of households as employers of domestics personnel. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| T | Goods and service producing activities of households for own use | T1 | Activities of households as employers of domestics personnel |
To see the full business activity and turnover split of Asha Ventures Private Limited, buy the company report.
Financials of Asha Ventures Private Limited
FY 2023 filings availableAsha Ventures Private Limited reported revenue of ₹10.2 Cr (up 46% YoY) for FY 2023.
Revenue · FY 2023
₹10.2 Cr ▲ 46%
Net profit · FY 2023
₹55.84 Lakh margin 5.5%
EBITDA · FY 2023
₹1.07 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 20%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 10%
5 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 46% growth in the latest year. EBITDA rose 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10.2 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.84 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 5.5% | ||||
| 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 Asha Ventures Private Limited, buy the company report.
Board of directors of Asha Ventures Private Limited
Asha Ventures has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivakumar Ramasamy Also directs: Maa Jagdamba Entertainment Private Limited | Director | 12 Apr 2017 | 9 Years 6 Months | Current |
| Ravindrakumar Janardan Kadukar | Director | 01 Jul 2013 | 13 Years 3 Months | Current |
| Chandraprakash Bhagirath Laddha Also directs: Best Energy Saving Technologies Private Limited | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Asha Ventures Private Limited is audited by MANDAR K PATIL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANDAR K PATIL & CO | FY 2023 | 100397 |
Shareholding
The shareholding of Asha Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asha Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2023 | 100847192 | Indian Bank | ₹40 Lakh | Open | |
| 18 Jun 2016 | 100035233 | Indian Bank | ₹4.03 Cr | Open | |
| 18 Jan 2014 | 10475111 | Indian Bank | ₹27 Lakh | Open | |
| 06 May 2013 | 10447098 | Others | ₹5.53 Cr | Open |
To see the full charge records of Asha Ventures Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Asha Ventures Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.18 Cr; the latest was in May 2017.
Total deals
6
Funding rounds
4
Secondary share transfers
2
Disclosed funding
₹1.18 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2017 | Funding round | ₹15 Lakh | Investors: an individual |
| Aug 2016 | Funding round | ₹68.1 Lakh | Investors: 4 individuals |
| Jan 2015 | Funding round | ₹12 Lakh | Investors: 3 individuals |
| May 2014 | Funding round | ₹23 Lakh | Investors: 2 individuals |
To see the full deal history of Asha Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asha Ventures Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Lloyd Insulations India Ltd Through Manas Kambli | Disposed |
To see the full case history of Asha Ventures 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 Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asha Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA1786C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asha Ventures Private Limited, buy the company report.
Recent activity
Asha Ventures Private Limited has 11 board changes on record since 2011: 3 appointments and 8 cessations. The latest: Chandrashekhar Janardhan Kadukar ceased to be Director on 03 Sep 2019.
Charges
A charge with Indian Bank amounted to Rs. 0.40 Cr with Charge ID 100847192 was registered on 11 Dec 2023.
AGM
Asha Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Asha Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Others of Rs. 5.53 Cr registered on 06 May 2013 with Charge ID 10447098 was modified on 26 Apr 2022.
Charges
A charge with Indian Bank of Rs. 4.03 Cr registered on 18 Jun 2016 with Charge ID 100035233 was modified on 03 Jun 2021.
Ceased
Chandrashekhar Janardhan Kadukar ceased to be Director.
Ceased
Sivakumar Ramasamy ceased to be Additional Director.
Appointed
Sivakumar Ramasamy was appointed as Director.
Ceased
Harshal Chandrakant Ghawali ceased to be Director.
Ceased
Chandraprakash Bhagirath Laddha ceased to be Additional Director.
Appointed
Chandraprakash Bhagirath Laddha was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 4.03 Cr with Charge ID 100035233 was registered on 18 Jun 2016.
8 earlier events are in the company report.
Frequently asked questions
Asha Ventures is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 November 2009 (17+ years old) and is registered under CIN U74990MH2009PTC196874.
Asha Ventures has 3 current directors:
- Sivakumar Ramasamy - Director
- Ravindrakumar Janardan Kadukar - Director
- Chandraprakash Bhagirath Laddha - Director
The latest financial statements of Asha Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Asha Ventures is 27AAICA1786C1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Asha Ventures is U74990MH2009PTC196874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Ventures has 1 court case on record: 1 filed against it.
Asha Ventures was incorporated on 05 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Asha Ventures has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.18 Cr; the latest was in May 2017.
Chandrashekhar Janardhan Kadukar ceased to be Director on 03 Sep 2019. Sivakumar Ramasamy ceased to be Additional Director on 30 Sep 2017. Sivakumar Ramasamy was appointed as Director on 12 Apr 2017. Asha Ventures has 11 board changes on record in total.
Yes, Asha Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0005510).