- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0004449

About Ashapura Technology Private Limited
Data last updated:
Ashapura Technology Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2013PTC075907. Its GSTIN is 24AALCA7787L1ZY (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Alpesh Shashikant Valera and Rakesh Shashikant Valera.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.18 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Lakh (net margin 0.4%) and EBITDA of ₹6.15 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 24% over five years.
The company is associated with 1 brand: Ashapura Technology. Court records list 2 cases involving the company, including 2 filed by the company.
Ashapura Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0004449). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashapuratechnology.com.
Company details
Recognitions & Rankings of Ashapura Technology
Contact details
Ashapura Technology Private Limited's registered office is in Rajkot, Gujarat. Its website is ashapuratechnology.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRevenue Survey No.326 Ward No.8/2 Parmeshwar Main Road Opp.Jayant Casting Atika – Dhebar R, Oad, Rajkot, Gujarat, India – 360002
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Ashapura Technology 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
Brands
Ashapura Technology operates one associated brand: Ashapura Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying industrial machines in India. | ashapuratechnology.com |
Business activity
The main business activity of Ashapura Technology is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Ashapura Technology Private Limited, buy the company report.
Financials of Ashapura Technology Private Limited
FY 2025 filings availableAshapura Technology Private Limited reported revenue of ₹5.18 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 46% growth in the latest year. EBITDA rose 4% 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 | ₹6.15 Lakh | ||||
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| Net Profit (PAT) | ₹1.98 Lakh | ||||
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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 | 1.2% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Ashapura Technology Private Limited, buy the company report.
Board of directors of Ashapura Technology Private Limited
Ashapura Technology has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpesh Shashikant Valera Also directs: Alpra Printlab Private Limited, Oration Properties Private Limited | Director | 05 Jul 2013 | 13 Years 3 Months | Current |
| Rakesh Shashikant Valera Also directs: Bajrang Signage Private Limited | Director | 05 Jul 2013 | 13 Years 3 Months | Current |
| Piyush Shashikantbhai Valera Also directs: Bajrang Signage Private Limited | Director | 06 Dec 2013 | 12 Years 10 Months | Current |
Auditor
Ashapura Technology Private Limited is audited by BELA F MEHTA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BELA F MEHTA & ASSOCIATES | FY 2022 | 141372W |
Shareholding
The shareholding of Ashapura Technology 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 Ashapura Technology Private Limited, buy the company report.
Legal cases
Ashapura Technology Private Limited has 2 court cases on record: 2 filed by Ashapura Technology. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ashapura Technology 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
Ashapura Technology Private Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 29 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| A. B. Automation | |||
| an individual supplier | |||
| an individual supplier | |||
| Shital Electrical |
To see the full MSME payment records of Ashapura Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ashapura Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA7787L1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashapura Technology Private Limited, buy the company report.
Recent activity
Ashapura Technology Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Piyush Shashikantbhai Valera was appointed as Director on 06 Dec 2013.
Frequently asked questions
Ashapura Technology is an active private limited company based in Rajkot, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 July 2013 (13+ years old) and is registered under CIN U29100GJ2013PTC075907.
Ashapura Technology has 3 current directors:
- Alpesh Shashikant Valera - Director
- Rakesh Shashikant Valera - Director
- Piyush Shashikantbhai Valera - Director
The latest financial statements of Ashapura Technology 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 Ashapura Technology is 24AALCA7787L1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashapura Technology is U29100GJ2013PTC075907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashapura Technology has 2 court cases on record: 2 filed by the company.
Ashapura Technology was incorporated on 05 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Piyush Shashikantbhai Valera was appointed as Director on 06 Dec 2013. Alpesh Shashikant Valera was appointed as Director on 05 Jul 2013. Rakesh Shashikant Valera was appointed as Director on 05 Jul 2013.
Yes, Ashapura Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0004449).
Ashapura Technology has 3 MSME Form 1 returns on record between 2019 and 2024, listing 29 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ashapura Technology can be reached through the website ashapuratechnology.com. Its registered office is in Rajkot, Gujarat, India.

