About Ashwath Innovation Private Limited
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Ashwath Innovation Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 24 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2014PTC265261. Its GSTIN is 07AAMCA5715F1ZQ (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Krishan Kumar and Vivek Khushalani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 4th Floor Building No. 2 Masoodpur Vasant Kunj Near Jims, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2023, the company reported a revenue of ₹59.76 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Lakh (net margin 7%) and EBITDA of ₹6.45 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 9% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aliveinnovation.in.
Company details
Contact details
Ashwath Innovation Private Limited's registered office is in New Delhi, Delhi. Its website is aliveinnovation.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address4th Floor Building No. 2 Masoodpur Vasant Kunj Near Jims, New Delhi, Delhi, India – 110070
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Ashwath Innovation 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
Business activity
The main business activity of Ashwath Innovation is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Ashwath Innovation Private Limited, buy the company report.
Financials of Ashwath Innovation Private Limited
FY 2023 filings availableAshwath Innovation Private Limited reported revenue of ₹59.76 Lakh (up 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 168% 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
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| EBITDA | ₹6.45 Lakh | ||||
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| Net Profit (PAT) | ₹4.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Ashwath Innovation Private Limited, buy the company report.
Board of directors of Ashwath Innovation Private Limited
Ashwath Innovation has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Kumar Also directs: Kranti Metering Innovations Private Limited, Vivkrish Infra Private Limited, Ashwath Urban Pure Private Limited and 5 more | Director | 24 Feb 2014 | 12 Years 8 Months | Current |
| Vivek Khushalani Also directs: K Family LLP, Kranti Metering Innovations Private Limited, Vivkrish Infra Private Limited and 5 more | Director | 14 Sep 2015 | 11 Years 1 Months | Current |
| Seema Kilachand | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Ashwath Innovation Private Limited is audited by CHANDIOK & GULIANI for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDIOK & GULIANI | FY 2019 | 001199N |
Shareholding
The shareholding of Ashwath Innovation Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ashwath Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashwath Innovation 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 Ashwath Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashwath Innovation Private Limited has a workforce of 4 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Ashwath Innovation has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCA5715F1ZQ | Delhi | Active | 01 Jul 2017 |
| 08AAMCA5715F1ZO | Rajasthan | Active | 25 May 2018 |
| 23AAMCA5715F1ZW | Madhya Pradesh | Active | 07 Mar 2019 |
To see the full GST registrations and return filing status of Ashwath Innovation Private Limited, buy the company report.
Recent activity
Ashwath Innovation Private Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Onkar Nath Tiwari ceased to be Director on 28 Jul 2023.
Frequently asked questions
Ashwath Innovation is an active private limited company based in New Delhi, Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 24 February 2014 (12+ years old) and is registered under CIN U93000DL2014PTC265261.
Ashwath Innovation has 3 current directors:
- Krishan Kumar - Director
- Vivek Khushalani - Director
- Seema Kilachand - Director
The latest financial statements of Ashwath Innovation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashwath Innovation is 07AAMCA5715F1ZQ, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AAMCA5715F1ZO (Rajasthan), 23AAMCA5715F1ZW (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ashwath Innovation is U93000DL2014PTC265261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwath Innovation was incorporated on 24 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Onkar Nath Tiwari ceased to be Director on 28 Jul 2023. Sneha Pathak ceased to be Additional Director on 29 May 2020. Sandeep Sharma ceased to be Director on 01 May 2020. Ashwath Innovation has 8 board changes on record in total.
Ashwath Innovation can be reached through the website aliveinnovation.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Ashwath Innovation is at 4th Floor Building No. 2 Masoodpur Vasant Kunj Near Jims, New Delhi, Delhi, India – 110070.
Ashwath Innovation operates in the information technology industry, in the electronic components and equipment manufacturing segment.