DPIIT recognised startup Government of India
Startup India
Ashvini Rare Earth Private Limited - metals and minerals in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹63.23 Lakh
▲ 5443% YoY
Net loss · FY 2025
₹6,250
Net margin -0.1%
EBITDA · FY 2025
₹4,790
EBITDA margin 0.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Ashvini Rare Earth Private Limited
Data last updated:
Ashvini Rare Earth Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31900PN2020PTC189703. Its GSTIN is 27AATCA2770K1Z5 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikram Ajit Dhoot and Ayush Vikram Dhoot.
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 Fl No. 01 Akansha App Pallod Farm Phase II No. 277/14/18, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6,250 (net margin -0.1%) and EBITDA of ₹4,790 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 472% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
Ashvini Rare Earth Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0158421). For more details, the company can be reached via its website ashvinimagnets.com.
Company details
CIN U31900PN2020PTC189703
Registration Number 189703
Incorporation Date 06 February 2020
ROC Pune
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0158421
Recognitions & Rankings of Ashvini Rare Earth
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0158421
Contact details
Ashvini Rare Earth Private Limited's registered office is in Pune, Maharashtra. Its website is ashvinimagnets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFl No. 01 Akansha App Pallod Farm Phase II No. 277/14/18, Pune, Maharashtra, India – 411045
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ashvini Rare Earth Private Limited, buy the company report.
Comprehensive company report
Ashvini Rare Earth 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
Business activity
The main business activity of Ashvini Rare Earth is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ashvini Rare Earth Private Limited, buy the company report.
Financials of Ashvini Rare Earth Private Limited
FY 2025 filings availableAshvini Rare Earth Private Limited reported revenue of ₹63.23 Lakh (up 5443% YoY) for FY 2025.
Revenue · FY 2025
₹63.23 Lakh ▲ 5443%
Net loss · FY 2025
₹6,250 margin -0.1%
EBITDA · FY 2025
₹4,790 margin 0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 472%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 472% over three years. EBITDA rose 106% 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 |
|---|---|---|---|---|---|
| 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 | ₹4,790 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6,250 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Ashvini Rare Earth Private Limited, buy the company report.
Board of directors of Ashvini Rare Earth Private Limited
Ashvini Rare Earth has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Ajit Dhoot Also directs: Eka Magnet Technologies LLP, Ashvini Magnets Private Limited | Director | 06 Feb 2020 | 6 Years 9 Months | Current |
| Ayush Vikram Dhoot Also directs: Eka Magnet Technologies LLP, Ashvini Magnets Private Limited | Director | 10 Jan 2024 | 2 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Ashvini Rare Earth 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 Ashvini Rare Earth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashvini Rare Earth Private Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
100%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Ashvini Rare Earth Private Limited, buy the company report.
GST
Ashvini Rare Earth has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA2770K1Z5 | Maharashtra | Active | 01 Aug 2022 |
To see the full GST registrations and return filing status of Ashvini Rare Earth Private Limited, buy the company report.
Recent activity
Ashvini Rare Earth Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Ayush Vikram Dhoot ceased to be Additional Director on 29 Sep 2024.
AGM
Ashvini Rare Earth Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashvini Rare Earth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Ayush Vikram Dhoot ceased to be Additional Director.
Appointed
Ayush Vikram Dhoot was appointed as Director.
Ceased
Ajit Narayandas Dhoot ceased to be Director.
Appointed
Vikram Ajit Dhoot was appointed as Director.
Incorporation
06 Feb 2020
Ashvini Rare Earth Private Limited was registered on 06 Feb 2020 with Roc Pune & aged 6 years 9 months as per MCA records.
Frequently asked questions
Ashvini Rare Earth is an active private limited company based in Pune, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 February 2020 (6+ years old) and is registered under CIN U31900PN2020PTC189703.
Ashvini Rare Earth has 2 current directors:
- Vikram Ajit Dhoot - Director
- Ayush Vikram Dhoot - Director
The latest financial statements of Ashvini Rare Earth 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 FY 2020 are in the company report.
The GSTIN of Ashvini Rare Earth is 27AATCA2770K1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashvini Rare Earth is U31900PN2020PTC189703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashvini Rare Earth was incorporated on 06 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Ayush Vikram Dhoot ceased to be Additional Director on 29 Sep 2024. Ayush Vikram Dhoot was appointed as Director on 10 Jan 2024. Ajit Narayandas Dhoot ceased to be Director on 26 Dec 2023. Ashvini Rare Earth has 4 board changes on record in total.
Yes, Ashvini Rare Earth is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ashvini Rare Earth is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0158421).
Ashvini Rare Earth can be reached through the website ashvinimagnets.com. Its registered office is in Pune, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages