Ashir Services Private Limited
About Ashir Services Private Limited
Data last updated:
Ashir Services Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Assay Office Birmingham. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 14 July 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015FTC266605. Its GSTIN is 27AANCA6024E1ZT (Maharashtra).
The company had an authorised share capital of ₹14.59 Cr and a paid-up capital of ₹14.58 Cr. It was led by directors Aalap Milan Parikh and Hiten Bagmal Parikh.
Its last annual general meeting (AGM) was held on 29 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Unit No.101 B Sdf – IV Seepz SEZ Andheri – East, Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.26 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.09 Cr and EBITDA of -₹43.58 Lakh (EBITDA margin -470.8%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 38% over five years.
As per MCA filings, the company has satisfied charges of ₹1 Lakh on record.
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- Registered AddressUnit No.101 B Sdf – IV Seepz SEZ Andheri – East, Mumbai, Maharashtra, India – 400096
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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 of Ashir Services Private Limited
The main business activity of Ashir Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Ashir Services Private Limited FY 2024 filings available
Ashir Services Private Limited reported revenue of ₹9.26 Lakh (up 1143% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashir Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years. 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 of Ashir Services Private 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 | -₹43.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.09 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 Ashir Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -470.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Ashir Services are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Ashir Services Private Limited
Ashir Services has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aalap Milan Parikh | Director | 20 Aug 2021 | 5 Years 2 Months | As last reported |
| Hiten Bagmal Parikh | Director | 20 Aug 2021 | 5 Years 2 Months | As last reported |
Peer Comparison of Ashir Services Private Limited
Ashir Services Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smalt and Beryl Private Limited | ₹9.3 Lakh (FY 2024) | •••• | •••• | -86.0% | •••• | Delhi, India |
| Clovers Safety Services Private Limited | ₹9.3 Lakh (FY 2024) | •••• | •••• | -69.0% | •••• | Kakkanad, Kerala, India |
| Makewell Medi Tour Limited | ₹9.28 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Geniuseye Smart Solutions Private Limited | ₹9.26 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Gurgaon, Haryana, India |
| Rajeev Classes Educational Service Private Limited | ₹9.26 Lakh (FY 2018) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Ashir Services Private Limited this company | ₹9.26 Lakh (FY 2024) | •••• | •••• | 1143.0% | •••• | Mumbai, Maharashtra, India |
| KJSL Foundation | ₹9.25 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Nimble Multisolutions (OPC) Private Limited | ₹9.25 Lakh (FY 2021) | •••• | •••• | -39.0% | •••• | Ahmedabad, Gujarat, India |
| Airborne Aviation Academy Private Limited | ₹9.25 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Lucknow, Uttar Pradesh, India |
| Alliance Abroad Services Private Limited | ₹9.24 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Panchkula, Haryana, India |
| R.R. Learning Resources Private Limited | ₹9.24 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Ashir Services by revenue in the Education industry (Corporate and Commercial Training, Watches and Jewellery Manufacturers), 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 Ashir Services Private Limited
Ashir Services Private Limited is audited by SUDIT K PAREKH & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDIT K PAREKH & CO | 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.
Ownership and Shareholding of Ashir Services Private 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 Ashir Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2019 | Others | ₹1 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ashir Services Private Limited
Employment history and EPFO contributions of people linked to Ashir Services.
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.
Recent Activity on Ashir Services Private Limited
Ashir Services Private Limited has 12 board changes on record since 2016: 2 appointments and 10 cessations. The latest: Risul Agarwal ceased to be Company Secretary on 31 Dec 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashir Services Private 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 Ashir Services Private 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 Ashir Services Private 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 Ashir Services Private Limited
Ashir Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA6024E1ZT | 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 Ashir Services Private 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 Ashir Services Private Limited
Ashir Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ashir Services was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 14 July 2015 and is registered under CIN U74999MH2015FTC266605. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ashir Services is U74999MH2015FTC266605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashir Services had 2 directors:
- Aalap Milan Parikh - Director
- Hiten Bagmal Parikh - Director
Ashir Services was incorporated on 14 July 2015. It is registered with the Registrar of Companies, Mumbai.
The registered office of Ashir Services is at Unit No.101 B Sdf – IV Seepz SEZ Andheri – East, Mumbai, Maharashtra, India – 400096.
Ashir Services reported revenue of ₹9.26 Lakh for FY 2024 (up 1143% YoY).
Ashir Services has an authorised share capital of ₹14.59 Cr and a paid-up capital of ₹14.58 Cr.
Ashir Services reported a net loss of ₹1.09 Cr and EBITDA of -₹43.58 Lakh (EBITDA margin -470.8%) for FY 2024, as per its filed financial statements.
The GSTIN of Ashir Services is 27AANCA6024E1ZT, registered in Maharashtra.
Ashir Services operated in the consumer goods industry, in the watches and jewelry manufacturing segment.