Asian Soles Private Limited

Asian Soles Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U19200DL2011PTC214341 Incorporated 18 February 2011 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company consumer goods MSME · Micro
Data last updated
Revenue · FY 2025
₹61.04 Lakh
▼ 9% YoY
Net loss · FY 2025
₹45.17 Lakh
Net margin -74%
EBITDA · FY 2025
-₹42.86 Lakh
EBITDA margin -70.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
23
Provident fund records

About Asian Soles Private Limited

Data last updated:

Asian Soles Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 18 February 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19200DL2011PTC214341. Its GSTIN is 09AAJCA2071K1ZJ (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Rajesh Bhagat and Rahat Bhagat.

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 House No. 10 Road No. 69 Ground Floor West Punjabi Bagh, New Delhi, Delhi, India – 110026.

As per the financials filed for FY 2025, the company reported a revenue of ₹61.04 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹45.17 Lakh (net margin -74%) and EBITDA of -₹42.86 Lakh (EBITDA margin -70.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 21% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.

Asian Soles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0016441). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U19200DL2011PTC214341
Registration Number 214341
Incorporation Date 18 February 2011
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0016441
Key People
Rajesh Bhagat Director Rahat Bhagat Director

Recognitions & Rankings of Asian Soles

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-28-0016441

Contact details

Asian Soles 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 Address
    House No. 10 Road No. 69 Ground Floor West Punjabi Bagh, New Delhi, Delhi, India – 110026
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Asian Soles Private Limited, buy the company report.

Comprehensive company report
Asian Soles 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 Asian Soles is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Asian Soles Private Limited, buy the company report.

Financials of Asian Soles Private Limited

FY 2025 filings available

Asian Soles Private Limited reported revenue of ₹61.04 Lakh (down 9% YoY) for FY 2025.

Revenue · FY 2025
₹61.04 Lakh ▼ 9%
Net loss · FY 2025
₹45.17 Lakh margin -74%
EBITDA · FY 2025
-₹42.86 Lakh margin -70.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 1%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 615%
3 years · compounded
▼ 90%
5 years · compounded
▼ 6%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 9% fall in the latest year. EBITDA fell 615% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹42.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹45.17 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-70.2%
Net Profit Margin-74%
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 Asian Soles Private Limited, buy the company report.

Board of directors of Asian Soles Private Limited

Asian Soles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Bhagat
Also directs: Uv Pure Private Limited, Pan Asian Hotels Ltd.
Director01 Oct 20188 Years 1 MonthsCurrent
Rahat Bhagat
Also directs: Synq Buildtech Private Limited, Synq Managed Spaces Private Limited, Synq Ventures Private Limited
Director18 Feb 201115 Years 8 MonthsCurrent
View all directors

Auditor

Asian Soles Private Limited is audited by VIJAY PRAKASH SINGH for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VIJAY PRAKASH SINGHFY 2023511573

Shareholding

The shareholding of Asian Soles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asian Soles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Aug 2022100606750Canara Bank₹10 LakhOpen
09 Mar 2016100021111Canara Bank₹50 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Asian Soles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Asian Soles Private Limited has a workforce of 23 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
-8%

GST

Asian Soles has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAJCA2071K1ZJUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Asian Soles Private Limited, buy the company report.

Recent activity

Asian Soles Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Monica Bhagat ceased to be Director on 01 Oct 2018.

AGM
Asian Soles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asian Soles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Canara Bank amounted to Rs. 0.10 Cr with Charge ID 100606750 was registered on 10 Aug 2022.
Ceased
Monica Bhagat ceased to be Director.
Ceased
Raghav Bhagat ceased to be Director.
Appointed
Rajesh Bhagat was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 0.50 Cr with Charge ID 100021111 was registered on 09 Mar 2016.
Appointed
Monica Bhagat was appointed as Director.
Appointed
Raghav Bhagat was appointed as Director.
Appointed
Rahat Bhagat was appointed as Director.
Incorporation
18 Feb 2011
Asian Soles Private Limited was registered on 18 Feb 2011 with Roc Delhi Ii & aged 15 years 8 months as per MCA records.

Frequently asked questions

Asian Soles is an active private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 18 February 2011 (15+ years old) and is registered under CIN U19200DL2011PTC214341.

Asian Soles has 2 current directors:

The latest financial statements of Asian Soles 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 2015 are in the company report.

The GSTIN of Asian Soles is 09AAJCA2071K1ZJ, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Asian Soles is U19200DL2011PTC214341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asian Soles has 3 court cases on record: 3 filed against it. 2 are pending.

Asian Soles was incorporated on 18 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.

Monica Bhagat ceased to be Director on 01 Oct 2018. Raghav Bhagat ceased to be Director on 01 Oct 2018. Rajesh Bhagat was appointed as Director on 01 Oct 2018. Asian Soles has 6 board changes on record in total.

Yes, Asian Soles is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0016441).

The registered office of Asian Soles is at House No. 10 Road No. 69 Ground Floor West Punjabi Bagh, New Delhi, Delhi, India – 110026.