MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0017988
Ashnam Retail Private Limited - home & lifestyle in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.03 Cr
▼ 13% YoY
Net profit · FY 2024
₹12.33 Lakh
Net margin 2%
EBITDA · FY 2024
₹40.17 Lakh
EBITDA margin 6.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹1.21 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
30
Provident fund records
About Ashnam Retail Private Limited
Data last updated:
Ashnam Retail Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 28 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52590MH2012PTC227483. Its GSTIN is 27AARCS1763L1ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It was formerly known as Simya Retails Private Limited. It is led by directors including Nirmala Pradyuman Sanghvi and Manojkumar Subhashchandra Sharma.
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 Palghar, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.03 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹12.33 Lakh (net margin 2%) and EBITDA of ₹40.17 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 19% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashnam. As per MCA filings, the company has open charges of ₹1.21 Cr on record.
Ashnam Retail Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0017988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashnam.com.
Company details
CIN U52590MH2012PTC227483
Registration Number 227483
Incorporation Date 28 February 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0017988
Key People
Suman Subhash Sharma Additional Director Nirmala Pradyuman Sanghvi Director Manojkumar Subhashchandra Sharma Director Recognitions & Rankings of Ashnam Retail
Contact details
Ashnam Retail Private Limited's registered office is in Palghar, Maharashtra. Its website is ashnam.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGala No 113 1st Floor Mitul Industrial Complex Plot No 18 Village Sativali Vasai E Palg, Har 401208, Palghar, Maharashtra, India – 401208
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Ashnam Retail Private Limited, buy the company report.
Comprehensive company report
Ashnam Retail 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
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Brands
Ashnam Retail operates one associated brand: Ashnam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for purchasing home decor sculptures and artifacts. | ashnam.com |
Business activity
The main business activity of Ashnam Retail is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ashnam Retail Private Limited, buy the company report.
Financials of Ashnam Retail Private Limited
FY 2025 filings availableAshnam Retail Private Limited reported revenue of ₹6.03 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹6.03 Cr ▼ 13%
Net profit · FY 2024
₹12.33 Lakh margin 2%
EBITDA · FY 2024
₹40.17 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 27%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 30%
5 years · compounded
▲ 36%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹40.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.33 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Ashnam Retail Private Limited, buy the company report.
Board of directors of Ashnam Retail Private Limited
Ashnam Retail has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Subhash Sharma Also directs: Ashnam Home Private Limited | Additional Director | 01 Sep 2022 | 4 Years 2 Months | Current |
| Nirmala Pradyuman Sanghvi | Director | 07 Aug 2021 | 5 Years 3 Months | Current |
| Manojkumar Subhashchandra Sharma Also directs: Ashnam Home Private Limited, Aurafest India Private Limited | Director | 28 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Ashnam Retail Private Limited is audited by R R GANDHI AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R GANDHI AND CO | FY 2021 | 180127 |
Shareholding
The shareholding of Ashnam Retail Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashnam Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2023 | 100734484 | Others | ₹20.26 Lakh | Open | |
| 29 Oct 2020 | 100388070 | Others | ₹11 Lakh | Open | |
| 08 Mar 2017 | 100087075 | Others | ₹90 Lakh | Open |
To see the full charge records of Ashnam Retail Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ashnam Retail 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 Ashnam Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashnam Retail Private Limited has a workforce of 30 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
25%
GST
Ashnam Retail has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS1763L1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashnam Retail Private Limited, buy the company report.
Recent activity
Ashnam Retail Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Suman Subhash Sharma was appointed as Additional Director on 01 Sep 2022.
AGM
Ashnam Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashnam Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 20.26 Lakh with Charge ID 100734484 was registered on 26 May 2023.
Charges
A charge with Others of Rs. 90.00 Lakh registered on 08 Mar 2017 with Charge ID 100087075 was modified on 23 Nov 2022.
Appointed
Suman Subhash Sharma was appointed as Additional Director.
Appointed
Nirmala Pradyuman Sanghvi was appointed as Director.
Ceased
Mona Pradyuman Sanghvi ceased to be Director.
Charges
A charge with Others amounted to Rs. 11.00 Lakh with Charge ID 100388070 was registered on 29 Oct 2020.
Charges
A charge with Others amounted to Rs. 90.00 Lakh with Charge ID 100087075 was registered on 08 Mar 2017.
Ceased
Rameshchandra Chandra Tripathi ceased to be Director.
Appointed
Manojkumar Subhashchandra Sharma was appointed as Director.
Incorporation
28 Feb 2012
Ashnam Retail Private Limited was registered on 28 Feb 2012 with Roc Mumbai & aged 14 years 8 months as per MCA records.
Frequently asked questions
Ashnam Retail is an active private limited company based in Palghar, Maharashtra, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 28 February 2012 (14+ years old) and is registered under CIN U52590MH2012PTC227483.
Ashnam Retail has 3 current directors:
- Suman Subhash Sharma - Additional Director
- Nirmala Pradyuman Sanghvi - Director
- Manojkumar Subhashchandra Sharma - Director
The latest financial statements of Ashnam Retail 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 Ashnam Retail is 27AARCS1763L1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashnam Retail is U52590MH2012PTC227483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashnam Retail was incorporated on 28 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Suman Subhash Sharma was appointed as Additional Director on 01 Sep 2022. Nirmala Pradyuman Sanghvi was appointed as Director on 07 Aug 2021. Mona Pradyuman Sanghvi ceased to be Director on 30 Apr 2021. Ashnam Retail has 5 board changes on record in total.
Yes, Ashnam Retail is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0017988).
Ashnam Retail can be reached through the website ashnam.com. Its registered office is in Palghar, Maharashtra, India.
The registered office of Ashnam Retail is at Gala No 113 1st Floor Mitul Industrial Complex Plot No 18 Village Sativali Vasai E Palg, Har 401208, Palghar, Maharashtra, India – 401208.
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