- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0009002

Ashmai and Associates Private Limited
About Ashmai and Associates Private Limited
Data last updated:
Ashmai and Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 17 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33110DL2012PTC234416. Its GSTIN is 07AAKCA4875G1ZF (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwani Kumar and Mamta.
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 9A /31 Iiird Floor W E A Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.23 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹13.63 Lakh (net margin 33.9%) and EBITDA of ₹39.31 Lakh (EBITDA margin 97.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹8.66 Cr and satisfied charges of ₹2.79 Cr on record.
Ashmai and Associates Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0009002). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ashmai and Associates
Contact details
Ashmai and Associates Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9A /31 Iiird Floor W E A Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ashmai and Associates 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
Financials of Ashmai and Associates Private Limited
FY 2025 filings availableAshmai and Associates Private Limited reported revenue of ₹40.23 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 7% 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 | ₹39.31 Lakh | ||||
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| Net Profit (PAT) | ₹13.63 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 | 97.7% | ||||
| Net Profit Margin | 33.9% | ||||
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To see the full financial statements and ratios of Ashmai and Associates Private Limited, buy the company report.
Board of directors of Ashmai and Associates Private Limited
Ashmai and Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Kumar Also directs: Minomax Orthopaedics Private Limited | Director | 17 Apr 2012 | 14 Years 6 Months | Current |
| Mamta Also directs: Minomax Orthopaedics Private Limited | Director | 17 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Ashmai and Associates Private Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (Formulations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prerna Pharma Industries Private Limited | ₹40.37 Lakh (FY 2018) | 9.0% | Mumbai, Maharashtra, India | |||
| Adrian Lifescience Private Limited | ₹40.37 Lakh (FY 2023) | 11.0% | Sonipat, Haryana, India | |||
| Zexin Pharmaceuticals Private Limited | ₹40.31 Lakh (FY 2025) | Roorkee, Uttarakhand, India | ||||
| East Coast Formulations Private Limited | ₹40.3 Lakh (FY 2025) | 32.0% | Hyderabad, Telangana, India | |||
| Lovyaam Pharma Private Limited | ₹40.27 Lakh (FY 2025) | 6.0% | Ahmedabad, Gujarat, India | |||
| Ashmai and Associates Private Limitedthis company | ₹40.23 Lakh (FY 2025) | ₹13.63 Lakh | 33.9% | -8.0% | New Delhi, Delhi, India | |
| Ransaw Remedies Private Limited | ₹40.22 Lakh (FY 2024) | 17.0% | Thane, Maharashtra, India | |||
| Steenbrass Pharmaceuticals Private Limited | ₹40.17 Lakh (FY 2015) | -12.0% | Mumbai, Maharashtra, India | |||
| Blazed Pharmaceuticals Private Limited | ₹40.08 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Armn Pharmaceutical India Private Limited | ₹40.08 Lakh (FY 2023) | -1.0% | Panipat, Haryana, India | |||
| Orziva Healthcare Private Limited | ₹40.07 Lakh (FY 2025) | 29.0% | Chandigarh, India |
To see the full peer comparison of Ashmai and Associates Private Limited, buy the company report.
Auditor
Ashmai and Associates Private Limited is audited by ALOK BAJAJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALOK BAJAJ & ASSOCIATES | FY 2023 | 005559N |
Shareholding
The shareholding of Ashmai and Associates 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 Ashmai and Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2023 | 100800557 | Axis Bank Limited | ₹2.65 Cr | Open | |
| 09 Nov 2016 | 100060662 | Others | ₹3.18 Cr | Open | |
| 29 Jan 2013 | 10400754 | Reliance Capital Ltd | ₹90 Lakh | Open | |
| 30 Jul 2012 | 10371540 | Reliance Capital Ltd | ₹1.93 Cr | Open | |
| 20 Nov 2014 | 10540027 | Indiabulls Housing Finance Limited | ₹2.79 Cr | Satisfied |
To see the full charge records of Ashmai and Associates Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ashmai and Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashmai and Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashmai and Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCA4875G1ZF | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashmai and Associates Private Limited, buy the company report.
Recent activity
Ashmai and Associates Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ashwani Kumar was appointed as Director on 17 Apr 2012.
Frequently asked questions
Ashmai and Associates is an active private limited company based in New Delhi, Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 17 April 2012 (14+ years old) and is registered under CIN U33110DL2012PTC234416.
Ashmai and Associates has 2 current directors:
- Ashwani Kumar - Director
- Mamta - Director
The latest financial statements of Ashmai and Associates 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 Ashmai and Associates is 07AAKCA4875G1ZF, registered in Delhi.
The CIN (Corporate Identification Number) of Ashmai and Associates is U33110DL2012PTC234416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashmai and Associates was incorporated on 17 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ashmai and Associates by revenue are Prerna Pharma Industries Private Limited, Adrian Lifescience Private Limited, Zexin Pharmaceuticals Private Limited, East Coast Formulations Private Limited, Lovyaam Pharma Private Limited and 5 more, all in the Pharma industry (Formulations).
Ashwani Kumar was appointed as Director on 17 Apr 2012. Mamta was appointed as Director on 17 Apr 2012.
Yes, Ashmai and Associates is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0009002).
The registered office of Ashmai and Associates is at 9A 31 Iiird Floor W E A Karol Bagh, New Delhi, Delhi, India – 110005.
Ashmai and Associates operates in the pharma industry, in the drug formulation and development segment.

