MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0013812
Ashutosh Financial Services Private Limited - financial services in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.53 Cr
▲ 46% YoY
Net profit · FY 2024
₹65.62 Lakh
Net margin 6.2%
EBITDA · FY 2024
₹1.11 Cr
EBITDA margin 10.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹1.81 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings
About Ashutosh Financial Services Private Limited
Data last updated:
Ashutosh Financial Services Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ1998PTC033883. Its GSTIN is 24AABCA8099B1ZU (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Ashutosh Wealth Management Services Private Limited and Ashutosh Ficom Services Private Limited. It is led by directors Daxesh Dineshbhai Kothari (Managing Director) and Rajit Daxesh Kothari.
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 107 Sterling Apartmentsjawahar Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.53 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹65.62 Lakh (net margin 6.2%) and EBITDA of ₹1.11 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 28% over five years.
The company is associated with 1 brand: Ashutosh Financial Serv. As per MCA filings, the company has satisfied charges of ₹1.81 Cr on record.
Ashutosh Financial Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0013812). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashutoshfinserv.com.
Company details
CIN U25199GJ1998PTC033883
Registration Number 033883
Incorporation Date 26 March 1998
ROC Ahmedabad
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-GJ-20-0013812
Name history
Ashutosh Financial Services has undergone 3 name changes throughout its history. The company was previously known as Ashutosh Wealth Management Services Private Limited, Ashutosh Ficom Services Private Limited, and Ashutosh Rubber Products Private Limited. The current legal name is Ashutosh Financial Services Private Limited.
| Company Name | Status |
|---|---|
| Ashutosh Financial Services Private Limited | Current |
| Ashutosh Wealth Management Services Private Limited | Previous |
| Ashutosh Ficom Services Private Limited | Previous |
| Ashutosh Rubber Products Private Limited | Previous |
Recognitions & Rankings of Ashutosh Financial Services
Contact details
Ashutosh Financial Services Private Limited's registered office is in Rajkot, Gujarat. Its website is ashutoshfinserv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address107 Sterling Apartmentsjawahar Road, Rajkot, Gujarat, India – 360001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ashutosh Financial Services Private Limited, buy the company report.
Comprehensive company report
Ashutosh Financial Services 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
Ashutosh Financial Services operates one associated brand: Ashutosh Financial Serv. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers financial services in India via Ashutosh Financial Services. | ashutoshfinserv.com |
Business activity
The main business activities of Ashutosh Financial Services are financial and insurance service and professional, scientific and technical. In detail, this covers other financial activities and accounting, book keeping and auditing activities, tax consultancy. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Ashutosh Financial Services Private Limited, buy the company report.
Financials of Ashutosh Financial Services Private Limited
FY 2025 filings availableAshutosh Financial Services Private Limited reported revenue of ₹10.53 Cr (up 46% YoY) for FY 2024.
Revenue · FY 2024
₹10.53 Cr ▲ 46%
Net profit · FY 2024
₹65.62 Lakh margin 6.2%
EBITDA · FY 2024
₹1.11 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 19%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 39%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 46% growth in the latest year. EBITDA rose 24% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.62 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| 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 | 10.5% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 Ashutosh Financial Services Private Limited, buy the company report.
Board of directors of Ashutosh Financial Services Private Limited
Ashutosh Financial Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daxesh Dineshbhai Kothari Also directs: Ashutosh Insurance Brokers LLP, Evergreen Capital Management LLP, Ganatra & Ashutosh Finserv LLP and 2 more | Managing Director | 26 Mar 1998 | 28 Years 7 Months | Current |
| Rajit Daxesh Kothari Also directs: Ashutosh Insurance Brokers LLP, Evergreen Capital Management LLP, Ganatra & Ashutosh Finserv LLP and 2 more | Director | 08 Aug 2022 | 4 Years 3 Months | Current |
Auditor
Ashutosh Financial Services Private Limited is audited by Vidhi K. Vyas for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vidhi K. Vyas | FY 2023 | 153172 |
Shareholding
The shareholding of Ashutosh Financial Services 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 Ashutosh Financial Services Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.81 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2019 | 100284461 | Others | ₹84.4 Lakh | Satisfied | |
| 05 Jul 2018 | 100201785 | Yes Bank Limited | ₹5.01 Lakh | Satisfied | |
| 05 Jul 2018 | 100201857 | Yes Bank Limited | ₹5.01 Lakh | Satisfied | |
| 04 Mar 2015 | 10553014 | Kotak Mahindra Bank Limited | ₹13.96 Lakh | Satisfied | |
| 05 Dec 2011 | 10327735 | Hdfc Bank Limited | ₹72.73 Lakh | Satisfied |
To see the full charge records of Ashutosh Financial Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ashutosh Financial Services 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 Ashutosh Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashutosh Financial Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8099B1ZU | Gujarat | Active | 01 Jul 2017 |
| 27AABCA8099B1ZO | Maharashtra | Active | 21 Dec 2022 |
To see the full GST registrations and return filing status of Ashutosh Financial Services Private Limited, buy the company report.
Recent activity
Ashutosh Financial Services Private Limited has 10 board changes on record since 1998: 6 appointments and 4 cessations. The latest: Ashutosh Rajesh Kothari ceased to be Director on 26 Dec 2022.
AGM
Ashutosh Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashutosh Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ashutosh Rajesh Kothari ceased to be Director.
Ceased
Rajesh Dineshbhai Kothari ceased to be Director.
Appointed
Rajit Daxesh Kothari was appointed as Director.
Charges
A charge registered on 13 Aug 2019 via Charge ID 100284461 with Others was fully satisfied on 08 Mar 2021.
Charges
A charge registered on 05 Jul 2018 via Charge ID 100201785 with Yes Bank Limited was fully satisfied on 03 Mar 2021.
Charges
A charge registered on 05 Jul 2018 via Charge ID 100201857 with Yes Bank Limited was fully satisfied on 03 Mar 2021.
Charges
A charge registered on 04 Mar 2015 via Charge ID 10553014 with Kotak Mahindra Bank Limited was fully satisfied on 20 Nov 2020.
Charges
A charge with Others amounted to Rs. 84.40 Lakh with Charge ID 100284461 was registered on 13 Aug 2019.
Charges
A charge with Yes Bank Limited amounted to Rs. 5.01 Lakh with Charge ID 100201785 was registered on 05 Jul 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 5.01 Lakh with Charge ID 100201857 was registered on 05 Jul 2018.
12 earlier events are in the company report.
Frequently asked questions
Ashutosh Financial Services is an active private limited company based in Rajkot, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 March 1998 (28+ years old) and is registered under CIN U25199GJ1998PTC033883.
Ashutosh Financial Services has 2 current directors:
- Daxesh Dineshbhai Kothari - Managing Director
- Rajit Daxesh Kothari - Director
The latest financial statements of Ashutosh Financial Services 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 Ashutosh Financial Services is 24AABCA8099B1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCA8099B1ZO (Maharashtra).
The CIN (Corporate Identification Number) of Ashutosh Financial Services is U25199GJ1998PTC033883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashutosh Financial Services was incorporated on 26 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashutosh Rajesh Kothari ceased to be Director on 26 Dec 2022. Rajesh Dineshbhai Kothari ceased to be Director on 26 Dec 2022. Rajit Daxesh Kothari was appointed as Director on 08 Aug 2022. Ashutosh Financial Services has 10 board changes on record in total.
Yes, Ashutosh Financial Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0013812).
Ashutosh Financial Services can be reached through the website ashutoshfinserv.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Ashutosh Financial Services is at 107 Sterling Apartmentsjawahar Road, Rajkot, Gujarat, India – 360001.
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