MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0050325
Asmithae Ventures Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.99 Cr
▲ 299% YoY
Net profit · FY 2020
₹3.37 Lakh
Net margin 1.7%
EBITDA · FY 2020
₹4.53 Lakh
EBITDA margin 2.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
5
Provident fund records
Directors on board
3
As per MCA filings
About Asmithae Ventures Private Limited
Data last updated:
Asmithae Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 29 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC117077. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Shubhakar Bhuvaneshrao (Managing Director) and Adarsh Shubhakar Rao.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 6 3rd Floor Naresh Arcade 60Ft Road Kempegowda Hbcs Layout Prashanth Nagar, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.99 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.37 Lakh (net margin 1.7%) and EBITDA of ₹4.53 Lakh (EBITDA margin 2.3%).
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Asmithae Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0050325). For more details, the company can be reached via its website asmithae.com.
Company details
CIN U74999KA2018PTC117077
Registration Number 117077
Incorporation Date 29 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0050325
Key People
Shubhakar Bhuvaneshrao Managing Director Adarsh Shubhakar Rao Director Bharati Shubhakar Director Recognitions & Rankings of Asmithae Ventures
Contact details
Asmithae Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is asmithae.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 6 3rd Floor Naresh Arcade 60Ft Road Kempegowda Hbcs Layout Prashanth Nagar, Bangalore, Karnataka, India – 560079
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Asmithae Ventures Private Limited, buy the company report.
Comprehensive company report
Asmithae Ventures Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Asmithae Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Asmithae Ventures Private Limited, buy the company report.
Financials of Asmithae Ventures Private Limited
FY 2020 filings availableAsmithae Ventures Private Limited reported revenue of ₹1.99 Cr (up 299% YoY) for FY 2020.
Revenue · FY 2020
₹1.99 Cr ▲ 299%
Net profit · FY 2020
₹3.37 Lakh margin 1.7%
EBITDA · FY 2020
₹4.53 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 299%
EBITDA CAGR growth
1 year
▲ 565%
Revenue rose 299% in the latest year. EBITDA rose 565% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.99 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.53 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.37 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
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.3% | |
| Net Profit Margin | 1.7% | |
| 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 | ||
To see the full financial statements and ratios of Asmithae Ventures Private Limited, buy the company report.
Board of directors of Asmithae Ventures Private Limited
Asmithae Ventures has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Shubhakar Rao Also directs: Asmithae Foodi Private Limited, Asmithae Medias Private Limited | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Bharati Shubhakar Also directs: Asmithae Foodi Private Limited, Asmithae Medias Private Limited | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Shubhakar Bhuvaneshrao Also directs: Asmithae Foodi Private Limited, Asmithae Medias Private Limited | Managing Director | 29 Sep 2018 | 8 Years 0 Months | Current |
Auditor
Asmithae Ventures Private Limited is audited by C K PARTHA SARATHY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C K PARTHA SARATHY & CO | FY 2020 | 009855S |
Shareholding
The shareholding of Asmithae Ventures Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Asmithae Ventures Private Limited, buy the company report.
Legal cases
Asmithae Ventures Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Henkel Adhesives Technologies India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd | Disposed |
To see the full case history of Asmithae Ventures Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Asmithae Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Asmithae Ventures has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Asmithae Foodi Private Limited | U55205KA2019PTC126773 | |
| Asmithae Medias Private Limited | U92419KA2019PTC126983 |
To see the full group structure of Asmithae Ventures Private Limited, buy the company report.
Employees & EPFO
Asmithae Ventures Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
Asmithae Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Asmithae Ventures Private Limited, buy the company report.
Recent activity
Asmithae Ventures Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Adarsh Shubhakar Rao was appointed as Director on 29 Sep 2018.
AGM
Asmithae Ventures Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Asmithae Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Adarsh Shubhakar Rao was appointed as Director.
Appointed
Bharati Shubhakar was appointed as Director.
Appointed
Shubhakar Bhuvaneshrao was appointed as Managing Director.
Incorporation
29 Sep 2018
Asmithae Ventures Private Limited was registered on 29 Sep 2018 with Roc Bangalore & aged 8 years 28 days as per MCA records.
Frequently asked questions
Asmithae Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 29 September 2018 (8+ years old) and is registered under CIN U74999KA2018PTC117077.
Asmithae Ventures has 3 current directors:
- Shubhakar Bhuvaneshrao - Managing Director
- Adarsh Shubhakar Rao - Director
- Bharati Shubhakar - Director
The latest financial statements of Asmithae Ventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Asmithae Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Asmithae Ventures is U74999KA2018PTC117077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asmithae Ventures has 3 court cases on record: 3 filed against it. 2 are pending.
Asmithae Ventures was incorporated on 29 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Adarsh Shubhakar Rao was appointed as Director on 29 Sep 2018. Bharati Shubhakar was appointed as Director on 29 Sep 2018. Shubhakar Bhuvaneshrao was appointed as Managing Director on 29 Sep 2018.
Yes, Asmithae Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0050325).
Asmithae Ventures can be reached through the website asmithae.com. Its registered office is in Bangalore, Karnataka, India.