Asite Solutions Private Limited - Company Profile

It is a information technology private limited company based in Ahmedabad, Gujarat, India, established in 2005.

2005 Ahmedabad, Gujarat, India Active

Last Updated: January 05, 2026

About Asite Solutions Private Limited

Asite Solutions Private Limited, a active private limited company, was established on 07 November 2005 in Ahmedabad, Gujarat, India. Engaging in cloud computing & cloud services within the information and communication sector, it holds CIN: U72200GJ2005PTC047023. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 362 professional, Its leadership includes Ritesh Singh Narain (Director), Nathan Roy Doughty (Director). It holds ₹2.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A4, Shivalik Business Centre,B/H Rajpath Club, Opp. Kens Ville Golf Academy, Bodakdev,, Ahmedabad, Gujarat, 380054.

Company Details

CIN/LLPIN
U72200GJ2005PTC047023
Registration Number
047023
Incorporation Date
07 November 2005
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 05-01-2026
Paid Up Capital ₹ 0.10 M as on 05-01-2026
Company Age 20 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2.00 Cr as on 05-01-2026
Revenue Growth **** 36.00% (FY 2023)
Profit Growth **** 68.99% (FY 2023)
Ebitda **** 44.45% (FY 2023)
Net Worth 27.34% (FY 2023)
Total Assets **** 18.52% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Asite Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asite Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ritesh Singh Narain	Director	07 Nov 2005	Current
Nathan Roy Doughty	Director	07 Nov 2005	Current

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Financial Performance of Asite Solutions.

Asite Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36% increase. The company also saw a substantial improvement in profitability, with a 68.99% increase in profit. The company's net worth Soared by an impressive increase of 27.34%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

36.00%

*******

Revenue from Operations

*******

34.11%

*******

Total Assets

*******

18.52%

*******

Profit or Loss

*******

68.99%

*******

Net Worth

*******

27.34%

*******

EBITDA

*******

44.45%

*******

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What is the Ownership and Shareholding Structure of Asite Solutions?

In 2023, Asite Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹20,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 2.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Jul 2018	Others	₹2.00 Cr	Open

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How Many Employees Work at Asite Solutions?

Asite Solutions has a workforce of 362 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Asite Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asite Solutions's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Asite Solutions

Recent Activity within the Organization

Annual General Meeting

Asite Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

Progress on Asite Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.
31 Mar 2024
Charges

Progress on A charge with Others amounted to Rs. 20.00 M with Charge ID 100198504 was registered on 05 Jul 2018. was documented.
05 Jul 2018
Director Appointment

Ritesh Singh Narain was appointed as a Director was appointed as a Director on 07 Nov 2005 & has been associated with this company since 20 years 4 months . was recorded as a recent event.
07 Nov 2005
Director Appointment

Nathan Roy Doughty was appointed as a Director was appointed as a Director on 07 Nov 2005 & has been associated with this company since 20 years 4 months . was recorded as a recent event.
07 Nov 2005
Company Incorporation

Progress on Asite Solutions Private Limited was registered on 07 Nov 2005 with Roc Ahmedabad & aged 20 years 4 months as per MCA records. was documented.
07 Nov 2005

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