About Ashore Systems Private Limited
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Ashore Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2007PTC130649. Its GSTIN is 27AAGCA5631A1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vibha Suhas Tambe and Chaitanya Suhas Tambe.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.77 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹87.46 Lakh (net margin 11.3%) and EBITDA of ₹1.66 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashore Systems. As per MCA filings, the company has open charges of ₹4.61 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashoresystems.com.
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- TelephoneLocked
- Website
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- Registered AddressSno.23 – P Office No – 409 4th Flr, Nandan Probiz, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Ashore Systems Private Limited
The main business activity of Ashore Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Ashore Systems Private Limited FY 2025 filings available
Ashore Systems Private Limited reported revenue of ₹7.77 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashore Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 8% growth in the latest year. EBITDA rose 2% 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 Ashore Systems 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 | ₹1.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹87.46 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashore Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| 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 Ashore Systems 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 Ashore Systems Private Limited
Ashore Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paradigm Geophysical (India) Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| Clavis Technologies Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| System Consultant Information India Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Arakere, Karnataka, India |
| Arasan Vinayan Technology Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | 314.0% | •••• | Thoothukudi, Tamil Nadu, India |
| Tesscorn Systems India Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bangalore, Karnataka, India |
| Ashore Systems Private Limited this company | ₹7.77 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Solbeg India Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Thane, Maharashtra, India |
| Avalon Solutions Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Indore, Madhya Pradesh, India |
| Altice Labs India Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Hyderabad, Telangana, India |
| Aecor Digital International Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Vadodara, Gujarat, India |
| Appmysite Private Limited | ₹7.75 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ashore Systems by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Ashore Systems Private Limited
Ashore Systems Private Limited is audited by MKRK & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MKRK & 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.
Board of Directors of Ashore Systems Private Limited
Ashore Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibha Suhas Tambe Also directs: Atticus Digital Media LLP | Director | 03 Sep 2007 | 19 Years 1 Months | Current |
| Chaitanya Suhas Tambe Also directs: Atticus Digital Media LLP | Director | 03 Sep 2007 | 19 Years 1 Months | Current |
| Anagha Anil Naik | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
Ownership and Shareholding of Ashore Systems 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 Ashore Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Others | ₹1.4 Cr | Open |
| 27 Oct 2022 | Others | ₹1.9 Cr | Open |
| 02 Feb 2021 | Axis Bank Limited | ₹84 Lakh | Open |
| 18 Jan 2019 | Others | ₹39 Lakh | Open |
| 01 Feb 2008 | Bank of Maharashtra | ₹8 Lakh | Open |
Total charge records: 5 View all charges
Legal Cases of Ashore Systems Private Limited
Ashore Systems Private Limited has 1 court case on record: 1 filed by Ashore Systems. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 1 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.
Associated Brands with Ashore Systems Private Limited
Ashore Systems operates one associated brand: Ashore Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT services, web development, app development, and digital marketing to businesses. | ashoresystems.com |
Employees and EPFO Compliance at Ashore Systems Private Limited
Ashore Systems Private Limited has a workforce of 37 employees as of Apr 05, 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.
Recent Activity on Ashore Systems Private Limited
Ashore Systems Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Anagha Anil Naik ceased to be Additional Director on 15 Dec 2009.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashore Systems 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 Ashore Systems 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 Ashore Systems 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 Ashore Systems Private Limited
Ashore Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA5631A1Z5 | Maharashtra | Active | 22 Sep 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 Ashore Systems 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 Ashore Systems Private Limited
Ashore Systems is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 September 2007 (19+ years old) and is registered under CIN U72200PN2007PTC130649.
Ashore Systems reported revenue of ₹7.77 Cr for FY 2024 (up 8% YoY).
Ashore Systems has 3 current directors:
- Vibha Suhas Tambe - Director
- Chaitanya Suhas Tambe - Director
- Anagha Anil Naik - Director
Ashore Systems reported a net profit of ₹87.46 Lakh (net margin 11.3%) and EBITDA of ₹1.66 Cr (EBITDA margin 21.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashore Systems is 17% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashore Systems is 27AAGCA5631A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashore Systems is U72200PN2007PTC130649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashore Systems has 1 court case on record: 1 filed by the company. 1 is pending.
Ashore Systems was incorporated on 03 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ashore Systems by revenue are Paradigm Geophysical (India) Private Limited, Clavis Technologies Private Limited, System Consultant Information India Private Limited, Arasan Vinayan Technology Private Limited, Tesscorn Systems India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Anagha Anil Naik ceased to be Additional Director on 15 Dec 2009. Anagha Anil Naik was appointed as Director on 01 Apr 2009. Ashok Ramkrishna Jamenis ceased to be Director on 01 Apr 2009. Ashore Systems has 5 board changes on record in total.