Asic Technologies Private Limited

Asic Technologies Private Limited - information technology in Bangalore North, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2022PTC166557 Incorporated 28 September 2022 ROC Bangalore HQ Bangalore North, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹30,000
Latest filing
Net loss · FY 2024
₹10,210
Net margin -34%
EBITDA · FY 2024
-₹10,210
EBITDA margin -34%
Authorised capital
₹10,000
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Asic Technologies Private Limited

Data last updated:

Asic Technologies Private Limited is a private limited company based in Bangalore North, Karnataka, India. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 28 September 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC166557.

The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Vummadi Sreenivasa and Vummadi Swetha.

Its last annual general meeting (AGM) was held on 14 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore North, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹30,000. For the same year it recorded a net loss of ₹10,210 (net margin -34%) and EBITDA of -₹10,210 (EBITDA margin -34%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Asic Technologies Private Limited
CIN U72900KA2022PTC166557
Registration Number 166557
Incorporation Date 28 September 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Survey No. 103/1 Khata No. 216 Guntus, Kharab Land Doddathoguru Village Begur Hobli, Bangalore North, Karnataka, India – 560008
  • Industry
    Information Technology, Semiconductor Products & Services
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Financials, compliance, directors, charges, ownership and filings for Asic Technologies Private Limited in one report.

Financials from FY 2023 Directors & ownership Charges & compliance

Business Activity of Asic Technologies Private Limited

The main business activity of Asic Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Asic Technologies Private Limited FY 2024 filings available

Asic Technologies Private Limited reported revenue of ₹30,000 for FY 2024.

Revenue · FY 2024
₹30,000
Net loss · FY 2024
₹10,210 margin -34%
EBITDA · FY 2024
-₹10,210 margin -34%

Financial Statement Summary of Asic Technologies Private Limited

MetricsFY 2023-24FY 2022-23
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-₹10,210••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹10,210••••
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 of Asic Technologies Private Limited

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin-34%••••
Net Profit Margin-34%••••
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••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asic Technologies are in the company report.

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Financial statements from FY 2023

Earlier years and trend charts are in the company report.

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Peer Comparison of Asic Technologies Private Limited

Asic Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Semiconductor Products and Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nebmicro Systems Private Limited₹67,380 (FY 2025)••••••••-100.0%••••Bangalore, Karnataka, India
Deem Sensing Technologies Private Limited₹64,913 (FY 2025)••••••••-100.0%••••Bangalore, Karnataka, India
Vlsi System Design Corporation Private Limited₹62,539 (FY 2019)••••••••••••Thane, Maharashtra, India
Verifiq Technologies Private Limited₹33,574 (FY 2025)••••••••-76.0%••••Bengaluru, Karnataka, India
Totality Solutions India Private Limited₹30,100 (FY 2024)••••••••••••Bangalore, Karnataka, India
Asic Technologies Private Limited this company₹30,000 (FY 2024)••••••••••••Bangalore North, Karnataka, India
Micro Integrated Semiconductors Systems Private Limited₹25,771 (FY 2024)••••••••-44.0%••••Huzur, Madhya Pradesh, India
Teamasia Semiconductors(India) Limited₹25,011 (FY 2023)••••••••••••Balanagar, Telangana, India
Visicon Power Electronics Private Limited₹21,750 (FY 2025)••••••••-98.0%••••Mumbai, Maharashtra, India
Asilicon Design Private Limited₹11,006 (FY 2020)••••••••-91.0%••••Ramgarh, Jharkhand, India
STG Chips Private Limited₹10,640 (FY 2025)••••••••50.0%••••Bhubaneswar, Orissa, India

Peers are the five companies nearest above and the five nearest below Asic Technologies by revenue in the Information Technology industry (Semiconductor Products and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Asic Technologies Private Limited

Asic Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vummadi SreenivasaDirector28 Sep 20224 Years 0 MonthsCurrent
Vummadi SwethaDirector28 Sep 20224 Years 0 MonthsCurrent

Charges & Borrowings of Asic Technologies Private Limited

Asic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Asic Technologies Private Limited

Employment history and EPFO contributions of people linked to Asic Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Asic Technologies Private Limited

Asic Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Vummadi Sreenivasa was appointed as Director on 28 Sep 2022.

AGM
Asic Technologies Private Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.
Filing
Asic Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Vummadi Sreenivasa was appointed as Director.
Appointed
Vummadi Swetha was appointed as Director.
Incorporation
28 Sep 2022
Asic Technologies Private Limited was registered on 28 Sep 2022 with Roc Bangalore & aged 4 years 10 days as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Asic Technologies Private Limited

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MSME Payment Delays by Asic Technologies Private Limited

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Subsidiaries & Group Companies of Asic Technologies Private Limited

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Corporate group structure

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GST Compliance of Asic Technologies Private Limited

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GST registrations and filing compliance

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MCA Filings & Documents of Asic Technologies Private Limited

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MCA filings and documents

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Frequently Asked Questions about Asic Technologies Private Limited

Asic Technologies is an active private limited company based in Bangalore North, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 28 September 2022 (4+ years old) and is registered under CIN U72900KA2022PTC166557.

Asic Technologies reported revenue of ₹30,000 for FY 2024.

Asic Technologies has 2 current directors:

Asic Technologies reported a net loss of ₹10,210 (net margin -34%) and EBITDA of -₹10,210 (EBITDA margin -34%) for FY 2024, as per its filed financial statements.

The CIN (Corporate Identification Number) of Asic Technologies is U72900KA2022PTC166557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asic Technologies was incorporated on 28 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Asic Technologies by revenue are Nebmicro Systems Private Limited, Deem Sensing Technologies Private Limited, Vlsi System Design Corporation Private Limited, Verifiq Technologies Private Limited, Totality Solutions India Private Limited and 5 more, all in the Information Technology industry (Semiconductor Products and Services).

Vummadi Sreenivasa was appointed as Director on 28 Sep 2022. Vummadi Swetha was appointed as Director on 28 Sep 2022.

The registered office of Asic Technologies is at Survey No. 1031 Khata No. 216 Guntus, Kharab Land Doddathoguru Village Begur Hobli, Bangalore North, Karnataka, India – 560008.

Asic Technologies has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000.

Asic Technologies operates in the information technology industry, in the semiconductor products and services segment.

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