About Ashutosh Wealthtech Private Limited
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Ashutosh Wealthtech Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the business process outsourcing sector. It was incorporated on 16 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74901GJ2007PTC050534. Its GSTIN is 24AAGCA3349F1ZY (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Ashutosh Rubber Retail Private Limited and Ashutosh Tool Room 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 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor Sterling Apartment Near Jubilee Baug Chowk Jawahar Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2023, the company reported a revenue of ₹49.78 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹4.64 Lakh (net margin 9.3%) and EBITDA of ₹7.81 Lakh (EBITDA margin 15.7%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 12% over five years.
As per MCA filings, the company has satisfied charges of ₹1.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashutoshfinkpo.com.
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- Registered Address6th Floor Sterling Apartment Near Jubilee Baug Chowk Jawahar Road, Rajkot, Gujarat, India – 360001
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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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Financials of Ashutosh Wealthtech Private Limited FY 2024 filings available
Ashutosh Wealthtech Private Limited reported revenue of ₹49.78 Lakh (up 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ashutosh Wealthtech Private Limited
Revenue rose 51% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 13% 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 Ashutosh Wealthtech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹49.78 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.64 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashutosh Wealthtech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• | •••• |
| 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 Ashutosh Wealthtech 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.
Board of Directors of Ashutosh Wealthtech Private Limited
Ashutosh Wealthtech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| 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 2 Months | Current |
| Daxesh Dineshbhai Kothari Also directs: Ashutosh Insurance Brokers LLP, Evergreen Capital Management LLP, Ganatra & Ashutosh Finserv LLP and 2 more | Managing Director | 16 Apr 2007 | 19 Years 5 Months | Current |
Charges & Borrowings of Ashutosh Wealthtech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2014 | Central Bank of India | ₹12.38 Lakh | Satisfied |
| 10 Jan 2013 | Central Bank of India | ₹99.65 Lakh | Satisfied |
| 16 Nov 2011 | Bank of Baroda | ₹19.5 Lakh | Satisfied |
| 17 May 2008 | State Bank of Saurashtra | ₹38 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Ashutosh Wealthtech Private Limited
Employment history and EPFO contributions of people linked to Ashutosh Wealthtech.
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.
Name History of Ashutosh Wealthtech Private Limited
Ashutosh Wealthtech has undergone 4 name changes throughout its history. The current legal name is Ashutosh Wealthtech Private Limited.
| Company Name | Status |
|---|---|
| Ashutosh Wealthtech Private Limited | Current |
| Ashutosh Rubber Retail Private Limited | Previous |
| Ashutosh Tool Room Private Limited | Previous |
| Vdk Enterprises Private Limited | Previous |
CIN History of Ashutosh Wealthtech Private Limited
Ashutosh Wealthtech has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74901GJ2007PTC050534, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74901GJ2007PTC050534 | Current |
| U74110GJ2007PTC050534 | Previous |
| U25190GJ2007PTC050534 | Previous |
| U29100GJ2007PTC050534 | Previous |
Recent Activity on Ashutosh Wealthtech Private Limited
Ashutosh Wealthtech Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Ashutosh Rajesh Kothari ceased to be Director on 26 Dec 2022.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashutosh Wealthtech 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 Ashutosh Wealthtech 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 Ashutosh Wealthtech 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 Ashutosh Wealthtech Private Limited
Ashutosh Wealthtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA3349F1ZY | Gujarat | Active | 01 Jul 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 Ashutosh Wealthtech 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 Ashutosh Wealthtech Private Limited
Ashutosh Wealthtech is an active private limited company based in Rajkot, Gujarat, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 16 April 2007 (19+ years old) and is registered under CIN U74901GJ2007PTC050534.
Ashutosh Wealthtech reported revenue of ₹49.78 Lakh for FY 2023 (up 51% YoY).
Ashutosh Wealthtech has 2 current directors:
- Daxesh Dineshbhai Kothari - Managing Director
- Rajit Daxesh Kothari - Director
Ashutosh Wealthtech reported a net profit of ₹4.64 Lakh (net margin 9.3%) and EBITDA of ₹7.81 Lakh (EBITDA margin 15.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashutosh Wealthtech is 49% over three years and -12% over five years. In the latest year (FY 2023) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashutosh Wealthtech is 24AAGCA3349F1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashutosh Wealthtech is U74901GJ2007PTC050534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashutosh Wealthtech was incorporated on 16 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashutosh Rajesh Kothari ceased to be Director on 26 Dec 2022. Rajit Daxesh Kothari ceased to be Additional Director on 30 Sep 2022. Rajit Daxesh Kothari was appointed as Director on 08 Aug 2022. Ashutosh Wealthtech has 6 board changes on record in total.
Ashutosh Wealthtech can be reached through the website ashutoshfinkpo.com. Its registered office is in Rajkot, Gujarat, India.