MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-24-0014504
Asicon Electro Innovations Private Limited - environment in Jabalpur, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹66.63 Lakh
▲ 1326% YoY
Net loss · FY 2025
₹24.77 Lakh
Net margin -37.2%
EBITDA · FY 2025
-₹5.6 Lakh
EBITDA margin -8.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Asicon Electro Innovations Private Limited
Data last updated:
Asicon Electro Innovations Private Limited is a private limited company based in Jabalpur, Madhya Pradesh, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 07 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31900MP2015PTC034547. Its GSTIN is 23AANCA6876C1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dinesh Kumar Gupta and Divyesh Gupta.
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 Plot No 12 And 13 IT Park, Jabalpur, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.63 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹24.77 Lakh (net margin -37.2%) and EBITDA of -₹5.6 Lakh (EBITDA margin -8.4%). Revenue has grown at a compounded annual rate (CAGR) of 259% over three years and 89% over five years.
Asicon Electro Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-24-0014504). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asicon.in.
Company Details of Asicon Electro Innovations Private Limited
CIN U31900MP2015PTC034547
Registration Number 034547
Incorporation Date 07 August 2015
ROC Gwalior
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-MP-24-0014504
Recognitions & Rankings of Asicon Electro Innovations
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 12 And 13 IT Park, Bargi Hills R1 – 245, Jabalpur, Madhya Pradesh, India – 482003
- IndustryEnvironment, Solar Energy Solutions
Comprehensive company report
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Business Activity of Asicon Electro Innovations Private Limited
The main business activity of Asicon Electro Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Asicon Electro Innovations Private Limited FY 2025 filings available
Asicon Electro Innovations Private Limited reported revenue of ₹66.63 Lakh (up 1326% YoY) for FY 2025.
Revenue · FY 2025
₹66.63 Lakh ▲ 1326%
Net loss · FY 2025
₹24.77 Lakh margin -37.2%
EBITDA · FY 2025
-₹5.6 Lakh margin -8.4%
Compounded Annual Growth Rate (CAGR) of Asicon Electro Innovations Private Limited
Revenue CAGR growth
3 years · compounded
▲ 259%
5 years · compounded
▲ 89%
EBITDA CAGR growth
1 year
▼ 307%
3 years · compounded
▼ 188%
5 years · compounded
▼ 62%
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years. EBITDA fell 307% 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 of Asicon Electro Innovations Private Limited
| 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 | -₹5.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹24.77 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 of Asicon Electro Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -37.2% | •••• | •••• | •••• | •••• |
| 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 Asicon Electro Innovations are in the company report.
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Financial statements from FY 2016
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Board of Directors of Asicon Electro Innovations Private Limited
Asicon Electro Innovations has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Gupta | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Divyesh Gupta | Director | 07 Aug 2015 | 11 Years 2 Months | Current |
| Tanesha Gupta | Director | 07 Aug 2015 | 11 Years 2 Months | Current |
Peer Comparison of Asicon Electro Innovations Private Limited
Asicon Electro Innovations Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Power Equipment Manufacturers, Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanghavi Enterprises Private Limited | ₹66.95 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Nashik, Maharashtra, India |
| Zaxix Products Private Limited | ₹66.94 Lakh (FY 2025) | •••• | •••• | 947.0% | •••• | Bhilai, Chhattisgarh, India |
| The Alagh Business Associates Private Limited | ₹66.93 Lakh (FY 2024) | •••• | •••• | 91.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Avone Techsys Private Limited | ₹66.81 Lakh (FY 2025) | •••• | •••• | -67.0% | •••• | Delhi, India |
| Potenergy Private Limited | ₹66.69 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Aranthangi, Tamil Nadu, India |
| Asicon Electro Innovations Private Limited this company | ₹66.63 Lakh (FY 2025) | •••• | •••• | 1326.0% | •••• | Jabalpur, Madhya Pradesh, India |
| O2 Renewable Energy Xiii Private Limited | ₹66.61 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Liderorg Gas Private Limited | ₹66.38 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Greater Noida West, Uttar Pradesh, India |
| BKR Solar Private Limited | ₹66.26 Lakh (FY 2015) | •••• | •••• | 170.0% | •••• | Ahmedabad, Gujarat, India |
| Tejasv Solar Systems Private Limited | ₹66.18 Lakh (FY 2020) | •••• | •••• | 55.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Winner Electricals (I) Private Limited | ₹66.16 Lakh (FY 2019) | •••• | •••• | 1513.0% | •••• | Howrah North, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Asicon Electro Innovations by revenue in the Cleantech industry (Power Equipment Manufacturers, Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asicon Electro Innovations Private Limited
Asicon Electro Innovations Private Limited is audited by V S K & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V S K & CO | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Asicon Electro Innovations Private Limited
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Charges & Borrowings of Asicon Electro Innovations Private Limited
Asicon Electro Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asicon Electro Innovations Private Limited
Employment history and EPFO contributions of people linked to Asicon Electro Innovations.
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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 Asicon Electro Innovations Private Limited
Asicon Electro Innovations Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Dinesh Kumar Gupta ceased to be Additional Director on 30 Sep 2017.
AGM
Asicon Electro Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asicon Electro Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Dinesh Kumar Gupta ceased to be Additional Director.
Appointed
Dinesh Kumar Gupta was appointed as Director.
Appointed
Divyesh Gupta was appointed as Director.
Appointed
Tanesha Gupta was appointed as Director.
Incorporation
07 Aug 2015
Asicon Electro Innovations Private Limited was registered on 07 Aug 2015 with Roc Gwalior & aged 11 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Asicon Electro Innovations Private Limited
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MSME Payment Delays by Asicon Electro Innovations Private Limited
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Subsidiaries & Group Companies of Asicon Electro Innovations Private Limited
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GST Compliance of Asicon Electro Innovations Private Limited
Asicon Electro Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AANCA6876C1ZL | Madhya Pradesh | Active | 31 Jan 2022 |
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MCA Filings & Documents of Asicon Electro Innovations Private Limited
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Frequently Asked Questions about Asicon Electro Innovations Private Limited
Asicon Electro Innovations is an active private limited company based in Jabalpur, Madhya Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 07 August 2015 (11+ years old) and is registered under CIN U31900MP2015PTC034547.
Asicon Electro Innovations reported revenue of ₹66.63 Lakh for FY 2025 (up 1326% YoY).
Asicon Electro Innovations has 3 current directors:
- Dinesh Kumar Gupta - Director
- Divyesh Gupta - Director
- Tanesha Gupta - Director
Asicon Electro Innovations reported a net loss of ₹24.77 Lakh (net margin -37.2%) and EBITDA of -₹5.6 Lakh (EBITDA margin -8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asicon Electro Innovations is 259% over three years and 89% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asicon Electro Innovations is 23AANCA6876C1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Asicon Electro Innovations is U31900MP2015PTC034547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asicon Electro Innovations was incorporated on 07 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Asicon Electro Innovations by revenue are Sanghavi Enterprises Private Limited, Zaxix Products Private Limited, The Alagh Business Associates Private Limited, Avone Techsys Private Limited, Potenergy Private Limited and 5 more, all in the Cleantech industry (Power Equipment Manufacturers, Solar Power).
Dinesh Kumar Gupta ceased to be Additional Director on 30 Sep 2017. Dinesh Kumar Gupta was appointed as Director on 01 Mar 2017. Divyesh Gupta was appointed as Director on 07 Aug 2015. Asicon Electro Innovations has 4 board changes on record in total.
Yes, Asicon Electro Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-24-0014504).