MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0018967
Ashit Sales Private Limited
Ashit Sales Private Limited - consumer electronics & durables in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹68.42 Cr
▼ 4% YoY
Net profit · FY 2023
₹72.17 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹2.27 Cr
EBITDA margin 3.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹30.22 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
About Ashit Sales Private Limited
Data last updated:
Ashit Sales Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC262318. Its GSTIN is 27AANCA5034C1ZX (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Ashit Hariram Karira and Anuj Karira.
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 Y B Complex Shop No.2 Hanuman Nagar, Nagpur, Maharashtra, India – 440027.
As per the financials filed for FY 2023, the company reported a revenue of ₹68.42 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹72.17 Lakh (net margin 1.1%) and EBITDA of ₹2.27 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹30.22 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Ashit Sales Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0018967). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2015PTC262318
Registration Number 262318
Incorporation Date 27 February 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0018967
Recognitions & Rankings of Ashit Sales
Contact details
Ashit Sales Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressY B Complex Shop No.2 Hanuman Nagar, Nagpur, Maharashtra, India – 440027
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Ashit Sales Private Limited, buy the company report.
Comprehensive company report
Ashit Sales 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ashit Sales is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ashit Sales Private Limited, buy the company report.
Financials of Ashit Sales Private Limited
FY 2024 filings availableAshit Sales Private Limited reported revenue of ₹68.42 Cr (down 4% YoY) for FY 2023.
Revenue · FY 2023
₹68.42 Cr ▼ 4%
Net profit · FY 2023
₹72.17 Lakh margin 1.1%
EBITDA · FY 2023
₹2.27 Cr margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 7%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 22%
5 years · compounded
▲ 14%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 38% 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 | ₹68.42 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.17 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 | 3.3% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Ashit Sales Private Limited, buy the company report.
Board of directors of Ashit Sales Private Limited
Ashit Sales has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashit Hariram Karira | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
| Anuj Karira | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
| Kavita Ashit Karira | Director | 27 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Ashit Sales Private Limited is audited by DHANDEKAR METHWANI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANDEKAR METHWANI & Co. | FY 2023 | 138374W |
Shareholding
The shareholding of Ashit Sales 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashit Sales Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.22 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2025 | 101205579 | Others | ₹6 Cr | Open | |
| 28 Sep 2023 | 100791670 | Others | ₹18 Cr | Open | |
| 12 Apr 2016 | 100023843 | Hdfc Bank Limited | ₹6.22 Cr | Open |
To see the full charge records of Ashit Sales Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ashit Sales Private Limited has 1 court case on record: 1 filed by Ashit Sales. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Dy. Commissioner of Income Tax/Assistant Commissioner of Income Tax, Nagpur and Ors. | Pending |
To see the full case history of Ashit Sales 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 Ashit Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashit Sales has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA5034C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashit Sales Private Limited, buy the company report.
Recent activity
Ashit Sales Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Anuj Karira was appointed as Director on 27 Feb 2015.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 101205579 was registered on 18 Dec 2025.
Charges
A charge with Others of Rs. 1,800.00 Lakh registered on 28 Sep 2023 with Charge ID 100791670 was modified on 21 May 2025.
AGM
Ashit Sales Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ashit Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 1,800.00 Lakh with Charge ID 100791670 was registered on 28 Sep 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 621.52 Lakh registered on 12 Apr 2016 with Charge ID 100023843 was modified on 09 Sep 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 621.52 Lakh with Charge ID 100023843 was registered on 12 Apr 2016.
Appointed
Anuj Karira was appointed as Director.
Appointed
Ashit Hariram Karira was appointed as Director.
Appointed
Kavita Ashit Karira was appointed as Director.
Incorporation
27 Feb 2015
Ashit Sales Private Limited was registered on 27 Feb 2015 with Roc Mumbai & aged 11 years 8 months as per MCA records.
Frequently asked questions
Ashit Sales is an active private limited company based in Nagpur, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 February 2015 (11+ years old) and is registered under CIN U74999MH2015PTC262318.
Ashit Sales has 3 current directors:
- Ashit Hariram Karira - Director
- Anuj Karira - Director
- Kavita Ashit Karira - Director
The latest financial statements of Ashit Sales on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashit Sales is 27AANCA5034C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashit Sales is U74999MH2015PTC262318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashit Sales has 1 court case on record: 1 filed by the company. 1 is pending.
Ashit Sales was incorporated on 27 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Anuj Karira was appointed as Director on 27 Feb 2015. Ashit Hariram Karira was appointed as Director on 27 Feb 2015. Kavita Ashit Karira was appointed as Director on 27 Feb 2015.
Yes, Ashit Sales is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0018967).
The registered office of Ashit Sales is at Y B Complex Shop No.2 Hanuman Nagar, Nagpur, Maharashtra, India – 440027.