About Asics India Private Limited
Data last updated:
Asics India Private Limited is a foreign private limited company based in Gurugram, Haryana, India, a subsidiary of Asics Asia Pte. Ltd. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 03 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140HR2012FTC056335. Its GSTIN is 06AAKCA6445Q1Z2 (Haryana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹92.48 Cr. It is led by directors including Rajat Khurana (Managing Director) and Eriko Kigaki.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Unit 401 Worldmark – 1 Sector – 65 Golf Course Extension Road, Gurugram, Haryana, India – 122011.
As per the financials filed for FY 2025, the company reported a revenue of ₹556.53 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹76.2 Cr (net margin 13.7%) and EBITDA of ₹116.52 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 28% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: ASICS and ASICS India. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 5 cases are pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in May 2020. Its 10 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce) are compared by revenue, 5 larger and 5 smaller; the largest is Max Hypermarket India Private Limited with revenue of ₹894.06 Cr. The company has 9 MSME Form 1 returns on record between 2018 and 2023, listing 103 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asicsindia.in.
CIN History of Asics India Private Limited
Asics India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140HR2012FTC056335, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140HR2012FTC056335 | Current |
| U74140DL2012FTC235273 | Previous |
| U20239HR2012FTC056335 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Unit 401 Worldmark – 1 Sector – 65 Golf Course Extension Road, Gurugram, Haryana, India – 122011
- IndustryE-Commerce, General E-Commerce Platforms
- 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
- One PDF report, delivered after checkout
Associated Brands with Asics India Private Limited
Asics India operates two associated brands: ASICS and ASICS India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a direct-to-consumer brand of apparel and footwear for women, men, kids, and accessories. | asics.co.in | |
| Internet first brand of men, women, and kids footwear | asicsindia.in |
Business Activity of Asics India Private Limited
The main business activity of Asics India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Asics India Private Limited FY 2025 filings available
Asics India Private Limited reported revenue of ₹556.53 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asics India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 29% growth in the latest year. EBITDA rose 51% 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 Asics India 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 | ₹556.53 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹116.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76.2 Cr | •••• | •••• | •••• | •••• |
| 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 Asics India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.7% | •••• | •••• | •••• | •••• |
| 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 Asics India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Asics India Private Limited
Asics India has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eriko Kigaki | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Kazuya Tsujiue | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Rajat Khurana Also directs: Asics Bharat Centre Private Limited | Managing Director | 01 Apr 2017 | 9 Years 6 Months | Current |
| Toru Makino | Director | 30 Dec 2022 | 3 Years 9 Months | Current |
Peer Comparison of Asics India Private Limited
Asics India Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Max Hypermarket India Private Limited | ₹894.06 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| JSK Marketing Limited | ₹867.74 Cr (FY 2018) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Landmark Online India Private Limited | ₹780.52 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Nykaa Fashion Limited | ₹645.19 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| Westbury Holdings Private Limited | ₹635.55 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Asics India Private Limited this company | ₹556.53 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Gurugram, Haryana, India |
| Rashanbox Retail Private Limited | ₹554.62 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Gurgaon, Haryana, India |
| Lifelong Online Retail Private Limited | ₹540.48 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Intrasoft Technologies Limited Listed | ₹508.61 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Brisam Retail Private Limited | ₹503.48 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Jaipur, Rajasthan, India |
| Cobb Apparels Private Limited | ₹502.32 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Peeragarhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Asics India by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 Asics India Private Limited
Asics India Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Asics India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asics India Private Limited
Asics India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Asics India Private Limited
Asics India Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in May 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Rights issue | ₹99.5 Cr | Investors: ASICS Asia Pte.Ltd |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: ASICS Corporation Seller: Marubeni Corporation International Inc. |
| Mar 2015 | Rights issue | ₹26.88 Cr | Investors: ASICS Asia Pte.Ltd |
| Sep 2014 | Funding round | ₹15 Cr | Investors: ASICS Asia Pte.Ltd |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Asics India Private Limited
Asics India Private Limited has 17 court cases on record: 12 filed by Asics India, 5 filed against it. 5 cases are pending and 12 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 3 |
| District courts | 7 | 3 | 1 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Eshopbox E-Commerce Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Eshopbox E-Commerce Private Limited | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by M&W Fashion Private Limited | Disposed |
| Calcutta High Court | Court case (EC) | Filed by the company against M&W Fashion Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Eshopbox E-Commerce Private Limited | Disposed |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Asics India Private Limited
Asics India Private Limited has 9 MSME Form 1 returns on record between 2018 and 2023, listing 103 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Podhigai Media Group Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Yuva Trip Private Limited | •••• | •••• | •••• |
| Brand Hai | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Asics India Private Limited
Asics India Private Limited has a workforce of 80 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asics India Private Limited
Asics India Private Limited has 17 board changes on record since 2013: 4 appointments and 13 cessations. The latest: Eriko Kigaki ceased to be Additional Director on 25 Sep 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asics India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asics India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asics India Private Limited
Asics India has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCA6445Q1Z2 | Haryana | Active | 01 Jul 2017 |
| 27AAKCA6445Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 19AAKCA6445Q1ZV | West Bengal | Active | 02 Apr 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asics India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Asics India Private Limited
Frequently Asked Questions about Asics India Private Limited
Asics India is an active foreign private limited company based in Gurugram, Haryana, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 03 May 2012 (14+ years old) and is registered under CIN U74140HR2012FTC056335.
Asics India reported revenue of ₹556.53 Cr for FY 2025 (up 29% YoY).
Asics India has 4 current directors:
- Rajat Khurana - Managing Director
- Eriko Kigaki - Director
- Kazuya Tsujiue - Director
- Toru Makino - Director
Asics India reported a net profit of ₹76.2 Cr (net margin 13.7%) and EBITDA of ₹116.52 Cr (EBITDA margin 20.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asics India is 30% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asics India is 06AAKCA6445Q1Z2, registered in Haryana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAKCA6445Q1ZY (Maharashtra), 19AAKCA6445Q1ZV (West Bengal).
The CIN (Corporate Identification Number) of Asics India is U74140HR2012FTC056335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asics India has 17 court cases on record: 12 filed by the company and 5 filed against it. 5 are pending. Most are in the high courts.
Asics India was incorporated on 03 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Asics India has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in May 2020.
The peers of Asics India by revenue are Max Hypermarket India Private Limited, JSK Marketing Limited, Landmark Online India Private Limited, Nykaa Fashion Limited, Westbury Holdings Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Eriko Kigaki ceased to be Additional Director on 25 Sep 2024. Kazuya Tsujiue ceased to be Additional Director on 25 Sep 2024. Eriko Kigaki was appointed as Director on 18 Mar 2024. Asics India has 17 board changes on record in total.