Ashvin Smartcare India Private Limited
About Ashvin Smartcare India Private Limited
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Ashvin Smartcare India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Eduspark International Private Limited. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 17 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85300DL2017PTC313078. Its GSTIN is 06AAPCA1827P1Z7 (Haryana).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Axon Smartcare India Private Limited and Ashvin Telemediciene India Private Limited. It is led by directors Kavita Rustom Kerawalla and Vaibhav Narang.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H – 294 Plot 2A First Floor Kehar Singh Estate Saidulajab Lane No., 2 Saket, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.79 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹79.17 Lakh and EBITDA of -₹78.9 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ashvin Smartcare India has undergone 2 name changes throughout its history. The company was previously known as Axon Smartcare India Private Limited, and Ashvin Telemediciene India Private Limited. The current legal name is Ashvin Smartcare India Private Limited.
| Company Name | Status |
|---|---|
| Ashvin Smartcare India Private Limited | Current |
| Axon Smartcare India Private Limited | Previous |
| Ashvin Telemediciene India Private Limited | Previous |
Contact details
Ashvin Smartcare India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH – 294 Plot 2A First Floor Kehar Singh Estate Saidulajab Lane No., 2 Saket, New Delhi, Delhi, India – 110030
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Ashvin Smartcare 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
Financials of Ashvin Smartcare India Private Limited
FY 2025 filings availableAshvin Smartcare India Private Limited reported revenue of ₹1.79 Lakh (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 99% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.79 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹78.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹79.17 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Ashvin Smartcare India Private Limited, buy the company report.
Board of directors of Ashvin Smartcare India Private Limited
Ashvin Smartcare India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Rustom Kerawalla Also directs: Ampersand Buildcon Private Limited, Kare Supplychain Private Limited, Kare Enterprise Private Limited and 5 more | Director | 03 Feb 2021 | 5 Years 9 Months | Current |
| Vaibhav Narang Also directs: Knowledge Podium Systems Private Limited | Additional Director | 14 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Ashvin Smartcare India Private Limited is audited by KAYAL BAJAJ DEORA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAYAL BAJAJ DEORA & CO | FY 2020 | 146445W |
Shareholding
The shareholding of Ashvin Smartcare India Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashvin Smartcare India Private Limited, buy the company report.
Legal cases
Ashvin Smartcare India Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Court case (CC.PMLA) | Filed against the company by Asst. Director,Directorate of Enforcement, Govt of India, Hyderabad | Pending |
| District court, Visakapatnam, Andhra Pradesh | Court case (SC.MU) | Filed against the company by Asst. Director,Directorate of Enforcement, Govt of India, Hyderabad | Disposed |
To see the full case history of Ashvin Smartcare India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashvin Smartcare India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashvin Smartcare India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAPCA1827P1Z7 | Haryana | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Ashvin Smartcare India Private Limited, buy the company report.
Recent activity
Ashvin Smartcare India Private Limited has 12 board changes on record since 2017: 2 appointments and 10 cessations. The latest: Vaibhav Narang was appointed as Additional Director on 14 Apr 2025.
3 earlier events are in the company report.
Frequently asked questions
Ashvin Smartcare India is an active private limited company based in New Delhi, Delhi, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 17 February 2017 (9+ years old) and is registered under CIN U85300DL2017PTC313078.
Ashvin Smartcare India has 2 current directors:
- Kavita Rustom Kerawalla - Director
- Vaibhav Narang - Additional Director
The latest financial statements of Ashvin Smartcare India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ashvin Smartcare India is 06AAPCA1827P1Z7, registered in Haryana.
The CIN (Corporate Identification Number) of Ashvin Smartcare India is U85300DL2017PTC313078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashvin Smartcare India has 2 court cases on record: 2 filed against it. 1 is pending.
Ashvin Smartcare India was incorporated on 17 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Vaibhav Narang was appointed as Additional Director on 14 Apr 2025. Kavita Rustom Kerawalla ceased to be Additional Director on 27 Oct 2021. Kavita Rustom Kerawalla was appointed as Director on 03 Feb 2021. Ashvin Smartcare India has 12 board changes on record in total.
The registered office of Ashvin Smartcare India is at H – 294 Plot 2A First Floor Kehar Singh Estate Saidulajab Lane No., 2 Saket, New Delhi, Delhi, India – 110030.
Ashvin Smartcare India operates in the healthcare industry, in the healthtech and medical tech solutions segment.
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