About Ashika Capital Limited
Data last updated:
Ashika Capital Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U30009WB2000PLC091674. Its GSTIN is 19AADCA4563C1ZW (West Bengal). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors including Sagar Jain and Chirag Jain.
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 Trinity 226/1 A J C Bose Road 7th Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.35 Cr (net margin 43.5%) and EBITDA of ₹14.28 Cr (EBITDA margin 66.5%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 72% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
Court records list 2 cases involving 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 ashikagroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressTrinity 226/1 A J C Bose Road 7th Floor, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Diversified Financial Services
- 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 Ashika Capital Limited
The main business activity of Ashika Capital is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Ashika Capital Limited FY 2024 filings available
Ashika Capital Limited reported revenue of ₹21.47 Cr (up 181% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashika Capital Limited
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 181% growth 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 Ashika Capital 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 | ₹14.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.35 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 Ashika Capital Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 43.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ashika Capital are in the company report.
Financial statements from 2015
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 Ashika Capital Limited
Ashika Capital Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nirmit Estate Pvt Ltd | ₹21.63 Cr (FY 2024) | •••• | •••• | 1221.0% | •••• | Mumbai, Maharashtra, India |
| Heavenly Advisors Private Limited | ₹21.6 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Sangini Properties Private Limited | ₹21.57 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Kolkata, West Bengal, India |
| Megh Sakariya International Private Limited | ₹21.53 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Palanpur Holdings and Investments Private Ltd | ₹21.47 Cr (FY 2025) | •••• | •••• | 119.0% | •••• | Mumbai, Maharashtra, India |
| Ashika Capital Limited this company | ₹21.47 Cr (FY 2024) | •••• | •••• | 181.0% | •••• | Kolkata, West Bengal, India |
| Growell Consultants Private Limited | ₹21.42 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Keletso Advisory Private Limited | ₹21.41 Cr (FY 2025) | •••• | •••• | 1209.0% | •••• | Ahmedabad, Gujarat, India |
| Indiaemerging Infrastructure Private Limited | ₹21.28 Cr (FY 2024) | •••• | •••• | 164.0% | •••• | Delhi, India |
| PRP Professional Edge Associates Private Limited | ₹21.26 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Gurgaon, Haryana, India |
| Saroj Agro Fibres Private Limited | ₹21.24 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ashika Capital by revenue in the BFSI industry (Other Financial Services), 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 Ashika Capital Limited
Ashika Capital Limited is audited by P.K.SAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.K.SAH & ASSOCIATES | 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 Ashika Capital Limited
Ashika Capital has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Jain Also directs: Jain Saraogi & Co LLP | Director | 16 Sep 2002 | 24 Years 0 Months | Current |
| Chirag Jain | Director | 31 Aug 2019 | 7 Years 1 Months | Current |
| Daulat Jain | Director | 12 Apr 2000 | 26 Years 5 Months | Current |
| Pawan Jain | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Ashika Capital 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 Ashika Capital Limited
Ashika Capital Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ashika Capital Limited
Ashika Capital Limited has 2 court cases on record: 2 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Company is another party | Disposed |
| Madras High Court | Writ petition | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ashika Capital Limited
Ashika Capital Limited has a workforce of 9 employees as of Apr 06, 2024.
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.
CIN History of Ashika Capital Limited
Ashika Capital has one previous CIN (Corporate Identification Number): U30009WB2000PTC091674. The current CIN is U30009WB2000PLC091674, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30009WB2000PLC091674 | Current |
| U30009WB2000PTC091674 | Previous |
Recent Activity on Ashika Capital Limited
Ashika Capital Limited has 9 board changes on record since 2000: 4 appointments and 5 cessations. The latest: Pawan Jain was appointed as Director on 01 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Ashika Capital 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.
MSME Payment Delays by Ashika Capital Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashika Capital 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 Ashika Capital Limited
Ashika Capital has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCA4563C1ZW | West Bengal | Active | 01 Jul 2017 |
| 27AADCA4563C1ZZ | 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 Ashika Capital 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 Ashika Capital Limited
Ashika Capital is an active public limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 April 2000 (26+ years old) and is registered under CIN U30009WB2000PLC091674.
Ashika Capital reported revenue of ₹21.47 Cr for FY 2024 (up 181% YoY).
Ashika Capital has 4 current directors:
- Sagar Jain - Director
- Chirag Jain - Director
- Daulat Jain - Director
- Pawan Jain - Director
Ashika Capital reported a net profit of ₹9.35 Cr (net margin 43.5%) and EBITDA of ₹14.28 Cr (EBITDA margin 66.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashika Capital is 51% over three years and 72% over five years. In the latest year (FY 2024) revenue rose 181%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashika Capital is 19AADCA4563C1ZW, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCA4563C1ZZ (Maharashtra).
The CIN (Corporate Identification Number) of Ashika Capital is U30009WB2000PLC091674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashika Capital has 2 court cases on record.
Ashika Capital was incorporated on 12 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ashika Capital by revenue are Nirmit Estate Pvt Ltd, Heavenly Advisors Private Limited, Sangini Properties Private Limited, Megh Sakariya International Private Limited, Palanpur Holdings and Investments Private Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Pawan Jain was appointed as Director on 01 Apr 2021. Chirag Jain ceased to be Director on 30 Sep 2019. Pawan Jain ceased to be Director on 01 Sep 2019. Ashika Capital has 9 board changes on record in total.