Ashtech Product Private Limited
About Ashtech Product Private Limited
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Ashtech Product Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 16 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26900MH2005PTC158218. Its GSTIN is 27AAFCA5005M1ZP (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.12 Lakh. It was formerly known as Ashech Product Private Limited. It is led by directors Sneha Shripad Joshi and Chaitanya Shripad Joshi.
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 623 Arenja Corner Plot No.71 Sec – 17 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.8 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹6.44 Lakh (net margin 2.3%) and EBITDA of ₹25.34 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over five years.
As per MCA filings, the company has open charges of ₹53 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashtech Product Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address623 Arenja Corner Plot No.71 Sec – 17 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Ashtech Product 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 activities of Ashtech Product are trade and transport and storage. In detail, this covers wholesale trading and land transport via road. 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 | |
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Ashtech Product Private Limited, buy the company report.
Financials of Ashtech Product Private Limited
FY 2025 filings availableAshtech Product Private Limited reported revenue of ₹2.8 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 13% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.34 Lakh | ||||
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| Net Profit (PAT) | ₹6.44 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 | 9.1% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Ashtech Product Private Limited, buy the company report.
Board of directors of Ashtech Product Private Limited
Ashtech Product has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneha Shripad Joshi | Director | 03 Apr 2024 | 2 Years 7 Months | Current |
| Chaitanya Shripad Joshi Also directs: Shashwat Real Estates Private Limited | Director | 15 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Ashtech Product Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Texavolt Industries Private Limited | ₹2.8 Cr (FY 2025) | 106.0% | Ambala, Haryana, India | |||
| Creative Global Business Limited | ₹2.8 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Ceramic Tools Private Limited | ₹2.8 Cr (FY 2024) | -4.0% | Bangalore, Karnataka, India | |||
| Ayona Multitrade Intl Private Limited | ₹2.8 Cr (FY 2024) | 5.0% | Thane, Maharashtra, India | |||
| Kala Commercials Pvt Ltd | ₹2.8 Cr (FY 2025) | -40.0% | Dhar, Madhya Pradesh, India | |||
| Ashtech Product Private Limitedthis company | ₹2.8 Cr (FY 2025) | ₹6.44 Lakh | 2.3% | 13.0% | Navi Mumbai, Maharashtra, India | |
| Emersonfort Technologies (OPC) Private Limited | ₹2.8 Cr (FY 2025) | 433.0% | Kund Bo, Jammu and Kashmir, India | |||
| Medhope Wellness Services Private Limited | ₹2.8 Cr (FY 2024) | 25.0% | Lucknow, Uttar Pradesh, India | |||
| Farmbue Private Limited | ₹2.8 Cr (FY 2023) | 2258530.0% | Bengaluru, Karnataka, India | |||
| Riddhika Marketing Private Limited | ₹2.8 Cr (FY 2017) | 2693.0% | Kolkata, West Bengal, India | |||
| Garisan Machine Tools Private Limited | ₹2.8 Cr (FY 2025) | 170.0% | Tiruvallur, Tamil Nadu, India |
To see the full peer comparison of Ashtech Product Private Limited, buy the company report.
Auditor
Ashtech Product Private Limited is audited by D. S. Sangurdekar And Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. S. Sangurdekar And Company | FY 2017 | 138055W |
Shareholding
The shareholding of Ashtech Product Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashtech Product Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2006 | 10004971 | Punjab National Bank | ₹15 Lakh | Open | |
| 19 May 2006 | 10004973 | Punjab National Bank | ₹38 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ashtech Product Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA C) | Filed against the company by an individual | Pending |
To see the full case history of Ashtech Product 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 Ashtech Product Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashtech Product has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA5005M1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashtech Product Private Limited, buy the company report.
Recent activity
Ashtech Product Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Sneha Shripad Joshi was appointed as Director on 03 Apr 2024.
Frequently asked questions
Ashtech Product is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 16 December 2005 (21+ years old) and is registered under CIN U26900MH2005PTC158218.
Ashtech Product has 2 current directors:
- Sneha Shripad Joshi - Director
- Chaitanya Shripad Joshi - Director
The latest financial statements of Ashtech Product 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 Ashtech Product is 27AAFCA5005M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashtech Product is U26900MH2005PTC158218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtech Product has 1 court case on record: 1 filed against it. 1 is pending.
Ashtech Product was incorporated on 16 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashtech Product by revenue are Texavolt Industries Private Limited, Creative Global Business Limited, Ceramic Tools Private Limited, Ayona Multitrade Intl Private Limited, Kala Commercials Pvt Ltd and 5 more, all in the same principal business activity (wholesale trading).
Sneha Shripad Joshi was appointed as Director on 03 Apr 2024. Bharati Bhagirath Walvekar ceased to be Director on 15 Feb 2022. Neela Chandrashekhar Bhide ceased to be Director on 01 Apr 2009. Ashtech Product has 5 board changes on record in total.
The registered office of Ashtech Product is at 623 Arenja Corner Plot No.71 Sec – 17 Vashi, Navi Mumbai, Maharashtra, India – 400705.
Ashtech Product operates in the musical instruments industry, in the sports goods segment.
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