Asote Solutions Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Katargam, Surat, Gujarat, India, established in 2019.
2019 Katargam, Surat, Gujarat, India Active
Last Updated:
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About Asote Solutions Private Limited

Asote Solutions Private Limited, a active private limited company, was established on 26 September 2019 in Katargam, Surat, Gujarat, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U52609GJ2019PTC110084. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.50 Cr.

Its leadership includes Kaushik Kumar Bharatbhai Chitaliya (Director), Ravi Ravjibhai Makwana (Director), Hardikkumar Bharatbhai Chitaliya (Director). Past directors included Yash Rajeshbhai Jada, Chitaliya Kinjal Kaushikkumar, Nishchay Chandubhai Salodiya. It holds ₹30.84 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gr Floor. Plot No-29Sy No.190/1Bhumi Pooja Soc.,Nr Raj Hans Soc Amba Talavadi, Katargam, Surat, Gujarat, 395004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U52609GJ2019PTC110084

  • Registration Number

    110084

  • Incorporation Date

    26 September 2019

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 30.84 Cr
  • Revenue Growth **** -33.42%
  • Profit Growth **** -15.68%
  • Ebitda **** 175.03%
  • Net Worth 40.09%
  • Total Assets **** 123.35%
Company report

Asote Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Asote 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 Asote Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Kaushik Kumar Bharatbhai Chitaliya Director 26 Sep 2019 Current
Ravi Ravjibhai Makwana Director 15 Dec 2023 Current
Hardikkumar Bharatbhai Chitaliya Director 15 Dec 2023 Current
Bharatbhai Bhavanbhai Rathod Director 06 Jun 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Jan 2024 Past
Pramod Abcsdd Director 16 Jan 2024 Past
Pramod Abcsdd Director 16 Jan 2024 Past

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Financial Performance of Asote Solutions.

Asote Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.42% decrease. The company also saw a substantial fall in profitability, with a 15.68% decrease in profit. The company's net worth Soared by an impressive increase of 40.09%.

Asote Solutions revenue growth over time
Asote Solutions profit and loss trends over time
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
  • 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
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 -33.42%
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Revenue from Operations
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 -33.34%
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*******
*******
Total Assets
*******
 123.35%
*******
*******
*******
*******
Profit or Loss
*******
 -15.68%
*******
*******
*******
*******
Net Worth
*******
 40.09%
*******
*******
*******
*******
EBITDA
*******
 175.03%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Asote Solutions?

In 2023, Asote 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)
shareholding
  • 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

₹308,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 30.84 Cr
Latest Charge Details
Date Lender Amount Status
01 Jul 2024 Others ₹14.14 Cr Open
31 May 2024 Others ₹16.70 Cr Open

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How Many Employees Work at Asote Solutions?

Unlock and access historical data on people associated with Asote Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asote 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 Asote Solutions's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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 Asote Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Asote Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Bharatbhai Bhavanbhai Rathod was appointed as a Director was appointed as a Director on 06 Jun 2025 & has been associated with this company since 8 months 7 days . was documented.

  • Balance Sheet

    The activity Asote Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 14.14 Cr with Charge ID 100950394 was registered on 01 Jul 2024. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 16.70 Cr with Charge ID 100934732 was registered on 31 May 2024. was documented.

  • Director Appointment

    Progress on Ravi Ravjibhai Makwana was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 2 years 2 months . was documented.

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Frequently Asked Questions
What is the CIN of Asote Solutions Private Limited?

The CIN of Asote Solutions Private Limited is U52609GJ2019PTC110084.

Where is Asote Solutions Private Limited headquartered?

Asote Solutions Private Limited is headquartered at Gr Floor. Plot No-29Sy No.190/1Bhumi Pooja Soc.,Nr Raj Hans Soc Amba Talavadi, Katargam, Surat, Gujarat, 395004.

When was Asote Solutions Private Limited incorporated?

Asote Solutions Private Limited was incorporated on 26 September 2019.

Who are the current directors of Asote Solutions Private Limited?

The current directors of Asote Solutions Private Limited are

What is the primary industry of Asote Solutions Private Limited?

The primary industry of Asote Solutions Private Limited is Trade.

Is Asote Solutions Private Limited a listed company?

Asote Solutions Private Limited is unlisted.

What is the capital structure of Asote Solutions Private Limited?

The authorized capital of Asote Solutions Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.50 Cr.

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