MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TN-02-0069900
Ashva Technologies Private Limited - healthcare in Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹56.19 Lakh
▼ 19% YoY
Net profit · FY 2019
₹1.4 Lakh
Net margin 2.5%
EBITDA · FY 2019
₹5.06 Lakh
EBITDA margin 9%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹65.14 Lakh
Issued & subscribed
Open charges
₹35.85 Lakh
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
1
Provident fund records
About Ashva Technologies Private Limited
Data last updated:
Ashva Technologies Private Limited is a private limited company based in Tamil Nadu, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 11 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2003PTC052127. Its GSTIN is 33AAECA6533F1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹65.14 Lakh. It is led by directors Ramamoorthy Kalpana (Whole-Time Director) and Natarajan Sundar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.61 Luz Avenue Mylapore Chennai – 4, Tamil Nadu, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹56.19 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Lakh (net margin 2.5%) and EBITDA of ₹5.06 Lakh (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 20% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashva Technologies. As per MCA filings, the company has open charges of ₹35.85 Lakh on record. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.07 Cr; the latest was in September 2009.
Ashva Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0069900). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashvatech.com.
Company details
CIN U72200TN2003PTC052127
Registration Number 052127
Incorporation Date 11 December 2003
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0069900
Recognitions & Rankings of Ashva Technologies
Contact details
Ashva Technologies Private Limited's registered office is in Tamil Nadu. Its website is ashvatech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.61 Luz Avenue Mylapore Chennai – 4, Tamil Nadu, India
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Ashva Technologies Private Limited, buy the company report.
Comprehensive company report
Ashva Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ashva Technologies operates one associated brand: Ashva Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops PACS and radiology software solutions for healthcare institutions worldwide. | ashvatech.com |
Business activity
The main business activity of Ashva Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ashva Technologies Private Limited, buy the company report.
Financials of Ashva Technologies Private Limited
FY 2019 filings availableAshva Technologies Private Limited reported revenue of ₹56.19 Lakh (down 19% YoY) for FY 2019.
Revenue · FY 2019
₹56.19 Lakh ▼ 19%
Net profit · FY 2019
₹1.4 Lakh margin 2.5%
EBITDA · FY 2019
₹5.06 Lakh margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 16%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▲ 695%
3 years · compounded
▲ 4%
5 years · compounded
▼ 31%
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 19% fall in the latest year. EBITDA rose 695% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹56.19 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ashva Technologies Private Limited, buy the company report.
Board of directors of Ashva Technologies Private Limited
Ashva Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamoorthy Kalpana Also directs: Sunklp Trading Tech LLP, Sunklp Trading Tech LLP, Srimukha Realtors and Developers LLP and 5 more | Whole-Time Director | 11 Dec 2003 | 22 Years 10 Months | Current |
| Natarajan Sundar Also directs: Sunklp Trading Tech LLP, Sunklp Trading Tech LLP | Whole-Time Director | 11 Dec 2003 | 22 Years 10 Months | Current |
Auditor
Ashva Technologies Private Limited is audited by S SUNDAR ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SUNDAR ASSOCIATES | FY 2019 | 004200S |
Shareholding
The shareholding of Ashva Technologies Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashva Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.85 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2021 | 100467707 | Axis Bank Limited | ₹85,000 | Open | |
| 19 Jan 2010 | 10199783 | South Indian Bank Ltd | ₹35 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Ashva Technologies Private Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.07 Cr; the latest was in September 2009.
Total deals
7
Funding rounds
6
Secondary share transfer
1
Disclosed funding
₹5.07 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2008 | Funding round | ₹50 Lakh | Investors: an individual |
| Aug 2008 | Funding round | ₹88.1 Lakh | Investors: an individual |
| Aug 2008 | Funding round | ₹75 Lakh | Investors: an individual |
| Jul 2008 | Funding round | ₹2.15 Cr | Investors: an individual |
To see the full deal history of Ashva Technologies 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 Ashva Technologies 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 Ashva Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashva Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Ashva Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECA6533F1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashva Technologies Private Limited, buy the company report.
Recent activity
Ashva Technologies Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Rajagopalan Ramachandran ceased to be Additional Director on 01 Dec 2014.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.85 Lakh with Charge ID 100467707 was registered on 14 Jul 2021.
AGM
Ashva Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Ashva Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Ceased
Rajagopalan Ramachandran ceased to be Additional Director.
Ceased
Ramamoorthy Sengunam Arunachalam ceased to be Director.
Charges
A charge with South Indian Bank Ltd amounted to Rs. 35.00 Lakh with Charge ID 10199783 was registered on 19 Jan 2010.
Ceased
Pradeep Cholayil ceased to be Additional Director.
Appointed
Natarajan Sundar was appointed as Whole-Time Director.
Appointed
Ramamoorthy Kalpana was appointed as Whole-Time Director.
Incorporation
11 Dec 2003
Ashva Technologies Private Limited was registered on 11 Dec 2003 with Roc Chennai & aged 22 years 10 months as per MCA records.
Frequently asked questions
Ashva Technologies is an active private limited company based in Tamil Nadu, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 11 December 2003 (23+ years old) and is registered under CIN U72200TN2003PTC052127.
Ashva Technologies has 2 current directors:
- Ramamoorthy Kalpana - Whole-Time Director
- Natarajan Sundar - Whole-Time Director
The latest financial statements of Ashva Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashva Technologies is 33AAECA6533F1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ashva Technologies is U72200TN2003PTC052127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashva Technologies was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Ashva Technologies has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.07 Cr; the latest was in September 2009.
Rajagopalan Ramachandran ceased to be Additional Director on 01 Dec 2014. Ramamoorthy Sengunam Arunachalam ceased to be Director on 05 Mar 2011. Pradeep Cholayil ceased to be Additional Director on 02 Nov 2009. Ashva Technologies has 5 board changes on record in total.
Yes, Ashva Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0069900).
Ashva Technologies can be reached through the website ashvatech.com. Its registered office is in Tamil Nadu, India.