Asl Advanced Systems Private Limited
About Asl Advanced Systems Private Limited
Data last updated:
Asl Advanced Systems Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 10 December 1992.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA1992PTC033624. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.69 Cr. It was led by directors including Nagamani Venkatesh and Kothaganahalli Thimmegowda Sreenivas.
Its last annual general meeting (AGM) was held on 22 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at C/O Tata Elxsi Limited Flat # 305 A Block Itpb Road, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2022, the company reported a revenue of ₹55.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.24 Lakh (net margin 14.9%) and EBITDA of ₹16.42 Lakh (EBITDA margin 29.7%). Revenue has grown at a compounded annual rate (CAGR) of 366% over three years and 69% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
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- Registered AddressC/O Tata Elxsi Limited Flat # 305 A Block Itpb Road, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
Business Activity of Asl Advanced Systems Private Limited
The main business activity of Asl Advanced Systems is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | 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 Asl Advanced Systems Private Limited FY 2022 filings available
Asl Advanced Systems Private Limited reported revenue of ₹55.23 Lakh (up 11605% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Asl Advanced Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years. EBITDA rose 418% 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 Asl Advanced Systems Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹55.23 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.24 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 Asl Advanced Systems Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.9% | •••• | •••• | •••• | •••• |
| 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 Asl Advanced Systems 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.
Peer Comparison of Asl Advanced Systems Private Limited
Asl Advanced Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Its own revenue is ₹55.23 Lakh.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abseco International Private Limited | ₹55.89 Lakh | ₹1.05 Lakh | 2% | +684% | Malappuram, Kerala, India | |
| Iqz Designs Private Limited | ₹55.72 Lakh | ₹9.52 Lakh | 17% | -38% | 13 | Bengaluru, Karnataka, India |
| S2d Process Solutions Private Limited | ₹55.45 Lakh | ₹1.35 Lakh | 2% | +17% | Bengaluru, Karnataka, India | |
| Aimlware Systems Private Limited | ₹55.28 Lakh | ₹1.79 Lakh | -3% | +298% | Mysuru, Karnataka, India | |
| Bee Electronic Machines Limited Listed | ₹55.24 Lakh | ₹45.04 Lakh | 82% | -91% | Mumbai, Maharashtra, India | |
| Asl Advanced Systems Private Limited this company | ₹55.23 Lakh | ₹8.24 Lakh | 14.9% | Bangalore, Karnataka, India | ||
| Ieyze Corporation Private Limited | ₹54.77 Lakh | ₹9.39 Lakh | -17% | -25% | 6 | Pune, Maharashtra, India |
| Shinsung Electronics Private Limited | ₹54.77 Lakh | ₹5.18 Lakh | -9% | -32% | Delhi, India | |
| Kalmane Tech Private Limited | ₹54.72 Lakh | ₹15,801 | 0% | +16% | Bengaluru, Karnataka, India | |
| RSR Infotech (India) Private Limited | ₹54.48 Lakh | ₹70,438 | 1% | +3% | Hyderabad, Telangana, India | |
| Rfinity Solutions Private Limited | ₹54.43 Lakh | ₹64,160 | 1% | +181% | Belgaum, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Asl Advanced Systems by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Asl Advanced Systems Private Limited
Asl Advanced Systems Private Limited is audited by T. P. Ostwal & Associates LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T. P. Ostwal & Associates 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.
Board of Directors of Asl Advanced Systems Private Limited
Asl Advanced Systems has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagamani Venkatesh | Director | 28 Apr 2022 | 4 Years 5 Months | As last reported |
| Kothaganahalli Thimmegowda Sreenivas | Director | 28 Apr 2022 | 4 Years 5 Months | As last reported |
| Eleswarapu China Subbarao | Director | 10 Dec 1992 | 33 Years 9 Months | As last reported |
Ownership and Shareholding of Asl Advanced Systems 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 Asl Advanced Systems Private Limited
Asl Advanced Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Asl Advanced Systems Private Limited
Asl Advanced Systems Private Limited has 2 court cases on record: 2 filed by Asl Advanced Systems. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Regional Provident Fund | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Regional Provident Fund | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Asl Advanced Systems Private Limited
Asl Advanced Systems Private Limited has a workforce of 0 employees as of Apr 07, 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.
CIN History of Asl Advanced Systems Private Limited
Asl Advanced Systems has one previous CIN (Corporate Identification Number): U72900KA2004PTC033624. The current CIN is U72900KA1992PTC033624, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA1992PTC033624 | Current |
| U72900KA2004PTC033624 | Previous |
Recent Activity on Asl Advanced Systems Private Limited
Asl Advanced Systems Private Limited has 12 board changes on record since 1992: 3 appointments and 9 cessations. The latest: Padmasree Balaji ceased to be Additional Director on 01 Jul 2022.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asl Advanced Systems 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.
MSME Payment Delays by Asl Advanced Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asl Advanced Systems 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 Asl Advanced Systems Private Limited
Asl Advanced Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Asl Advanced Systems 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.
Frequently Asked Questions about Asl Advanced Systems Private Limited
Asl Advanced Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Asl Advanced Systems was a private limited company based in Bangalore, Karnataka, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 10 December 1992 and is registered under CIN U72900KA1992PTC033624. The company has been struck off by the Registrar of Companies and is no longer operational.
Asl Advanced Systems had 3 directors:
- Nagamani Venkatesh - Director
- Kothaganahalli Thimmegowda Sreenivas - Director
- Eleswarapu China Subbarao - Director
The CIN (Corporate Identification Number) of Asl Advanced Systems is U72900KA1992PTC033624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Asl Advanced Systems is at CO Tata Elxsi Limited Flat # 305 A Block Itpb Road, Bangalore, Karnataka, India – 560066.
Asl Advanced Systems was incorporated on 10 December 1992. It is registered with the Registrar of Companies, Bangalore.
Asl Advanced Systems reported revenue of ₹55.23 Lakh for FY 2022 (up 11605% YoY).
Asl Advanced Systems has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.69 Cr.
Asl Advanced Systems reported a net profit of ₹8.24 Lakh (net margin 14.9%) and EBITDA of ₹16.42 Lakh (EBITDA margin 29.7%) for FY 2022, as per its filed financial statements.
No. Asl Advanced Systems has 1 GST registration on record and it is cancelled or inactive.
Asl Advanced Systems operated in the information technology industry, in the electronic components and equipment manufacturing segment. It worked in this industry before it was struck off.