About Ashtech Infotech (India) Private Limited
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Ashtech Infotech (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1986PTC038988. Its GSTIN is 27AAACA3604M2ZS (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹67.44 Lakh. It is led by directors Saurin Devendra Shah (Managing Director) and Aashni Saurin Shah (Whole-Time Director).
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 Naman Midtown B Wing 10th Floor Senapati Bapat Marg Elphinstone (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹513.74 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹11.48 Cr (net margin 2.2%) and EBITDA of ₹16.5 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 20% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashtech Infotech. As per MCA filings, the company has open charges of ₹71.5 Cr and satisfied charges of ₹5 Lakh on record. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹82 Lakh; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashinfo.com.
Company details
Name history
Ashtech Infotech (India) has undergone 5 name changes throughout its history. The current legal name is Ashtech Infotech (India) Private Limited.
| Company Name | Status |
|---|---|
| Ashtech Infotech (India) Private Limited | Current |
| Ashtech Infotech India Private Limited | Previous |
| Ashtech Systems And Services Pvt Ltd | Previous |
| Alt Abode Private Limited | Previous |
| Ping Networks & Wireless Private Limited | Previous |
Contact details
Ashtech Infotech (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is ashinfo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNaman Midtown B Wing 10th Floor Senapati Bapat Marg Elphinstone (W), Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ashtech Infotech (India) 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
Brands
Ashtech Infotech (India) operates one associated brand: Ashtech Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, virtualization, security, and cloud strategy services. | ashinfo.com |
Business activity
The main business activities of Ashtech Infotech (India) are trade and information and communication. In detail, this covers retail trading and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ashtech Infotech (India) Private Limited, buy the company report.
Financials of Ashtech Infotech (India) Private Limited
FY 2025 filings availableAshtech Infotech (India) Private Limited reported revenue of ₹513.74 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 21% growth in the latest year. EBITDA fell 26% 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 | ₹16.5 Cr | ||||
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| Net Profit (PAT) | ₹11.48 Cr | ||||
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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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| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Ashtech Infotech (India) Private Limited, buy the company report.
Board of directors of Ashtech Infotech (India) Private Limited
Ashtech Infotech (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurin Devendra Shah | Managing Director | 19 Feb 1986 | 40 Years 8 Months | Current |
| Aashni Saurin Shah Also directs: Ashtech Holdings Private Limited, Ping Securenet LLP | Whole-Time Director | 19 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Ashtech Infotech (India) Private Limited is audited by CHANDRAKANT & SEVANTILAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRAKANT & SEVANTILAL | FY 2023 | 101675W |
Shareholding
The shareholding of Ashtech Infotech (India) 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 Ashtech Infotech (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2025 | 101147170 | The South Indian Bank Limited | ₹68.35 Lakh | Open | |
| 30 Mar 2025 | 101082049 | Others | ₹20 Cr | Open | |
| 22 Nov 2024 | 101009721 | Others | ₹82 Lakh | Open | |
| 20 Jun 2019 | 100277821 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 25 Nov 1988 | 90185386 | The Ahmedabad Mercantile Co-Operative Bank Ltd. | ₹5 Lakh | Satisfied |
To see the full charge records of Ashtech Infotech (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ashtech Infotech (India) Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹82 Lakh; the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Shreyas Shah HUF, 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2019 | Funding round | ₹82 Lakh | Investors: 4 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Ashtech Infotech (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ashtech Infotech (India) 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 Ashtech Infotech (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashtech Infotech (India) Private Limited has a workforce of 130 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Ashtech Infotech (India) has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA3604M2ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AAACA3604M3ZR | Maharashtra | Active | 01 Apr 2025 |
| 24AAACA3604M1ZZ | Gujarat | Active | 26 Apr 2019 |
| 29AAACA3604M1ZP | Karnataka | Active | 23 Oct 2024 |
To see the full GST registrations and return filing status of Ashtech Infotech (India) Private Limited, buy the company report.
Recent activity
Ashtech Infotech (India) Private Limited has 8 board changes on record since 1986: 5 appointments and 3 cessations. The latest: Zarna Saurin Shah ceased to be Director on 25 Mar 2025.
6 earlier events are in the company report.
Frequently asked questions
Ashtech Infotech (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 February 1986 (40+ years old) and is registered under CIN U28920MH1986PTC038988.
Ashtech Infotech (India) has 2 current directors:
- Saurin Devendra Shah - Managing Director
- Aashni Saurin Shah - Whole-Time Director
The latest financial statements of Ashtech Infotech (India) 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 Ashtech Infotech (India) is 27AAACA3604M2ZS, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACA3604M3ZR (Maharashtra), 24AAACA3604M1ZZ (Gujarat), 29AAACA3604M1ZP (Karnataka).
The CIN (Corporate Identification Number) of Ashtech Infotech (India) is U28920MH1986PTC038988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtech Infotech (India) was incorporated on 19 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashtech Infotech (India) has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹82 Lakh; the latest was in March 2024.
Zarna Saurin Shah ceased to be Director on 25 Mar 2025. Aashni Saurin Shah was appointed as Whole-Time Director on 19 Mar 2025. Shreyas Narendra Shah ceased to be Director on 12 Apr 2024. Ashtech Infotech (India) has 8 board changes on record in total.
Ashtech Infotech (India) can be reached through the website ashinfo.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ashtech Infotech (India) is at Naman Midtown B Wing 10th Floor Senapati Bapat Marg Elphinstone W, Mumbai, Maharashtra, India – 400013.