- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0017507

About Asp Water and Power Projects Private Limited
Data last updated:
Asp Water and Power Projects Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the engineering sector. It was incorporated on 29 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28994PN2000PTC219455. Its GSTIN is 08AAJCS4122R1ZT (Rajasthan). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Shree Arti Steel Pipes Private Limited. It is led by directors Rohitbhai Ajitbhai Veshviker and Binit Ajitbhai Veshvikar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.33 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹3.1 Cr (net margin 9.6%) and EBITDA of ₹6.74 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹16.24 Cr and satisfied charges of ₹9.11 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
Asp Water and Power Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0017507). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspwppl.com.
Company details
CIN history
Asp Water and Power Projects has one previous CIN (Corporate Identification Number): U28994GJ2000PTC038996. The current CIN is U28994PN2000PTC219455, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28994PN2000PTC219455 | Current |
| U28994GJ2000PTC038996 | Previous |
Recognitions & Rankings of Asp Water and Power Projects
Contact details
Asp Water and Power Projects Private Limited's registered office is in Pune, Maharashtra. Its website is aspwppl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 804 Seasons Business Square, S No 128/2B Aundh, Pune, Maharashtra, India – 411007
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Asp Water and Power Projects Private Limited, buy the company report.
- 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
Business activity
The main business activity of Asp Water and Power Projects is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Asp Water and Power Projects Private Limited, buy the company report.
Financials of Asp Water and Power Projects Private Limited
FY 2025 filings availableAsp Water and Power Projects Private Limited reported revenue of ₹32.33 Cr (up 111% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 111% growth in the latest year. EBITDA rose 84% 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
| 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.1 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | ||||
| Net Profit Margin | 9.6% | ||||
| 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 Asp Water and Power Projects Private Limited, buy the company report.
Board of directors of Asp Water and Power Projects Private Limited
Asp Water and Power Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohitbhai Ajitbhai Veshviker | Director | 29 Nov 2000 | 25 Years 11 Months | Current |
| Binit Ajitbhai Veshvikar | Director | 10 Aug 2012 | 14 Years 2 Months | Current |
Auditor
Asp Water and Power Projects Private Limited is audited by C B DUSHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C B DUSHI & ASSOCIATES | FY 2023 | 102704W |
Shareholding
The shareholding of Asp Water and Power Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asp Water and Power Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2025 | 101177906 | Bank of India | ₹32 Lakh | Open | |
| 26 Dec 2024 | 101039344 | Others | ₹44 Lakh | Open | |
| 19 Oct 2024 | 101008698 | Bank of India | ₹1.35 Cr | Open | |
| 01 Jun 2024 | 100930538 | Others | ₹42.28 Lakh | Open | |
| 15 Feb 2024 | 100881922 | Bank of India | ₹1.25 Cr | Open |
To see the full charge records of Asp Water and Power Projects Private Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Asp Water and Power Projects Private Limited has 6 court cases on record: 3 filed by Asp Water and Power Projects, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Nuclear Power Corporation of India Ltd. and Anr and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Grauer and Weil India Ltd | Disposed |
| Bombay High Court | Court case (ARP) | Filed by the company against Kirloskar Brothers Limited THR. Sanjay Kirloskar(Chairman and Managing Director) | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Colourshine Polycoats Pvt Ltd Through Bhalchandara R Bokil | Pending |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Registrar of Companies Gujarat State | Disposed |
To see the full case history of Asp Water and Power Projects 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 Asp Water and Power Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asp Water and Power Projects has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAJCS4122R1ZT | Rajasthan | Active | 01 Jul 2017 |
| 27AAJCS4122R1ZT | Maharashtra | Active | 01 Jul 2017 |
| 36AAJCS4122R1ZU | Telangana | Active | 14 Nov 2017 |
| 09AAJCS4122R1ZR | Uttar Pradesh | Active | 26 Apr 2018 |
To see the full GST registrations and return filing status of Asp Water and Power Projects Private Limited, buy the company report.
Recent activity
Asp Water and Power Projects Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Chanda Binit Veshvikar ceased to be Director on 02 Feb 2017.
38 earlier events are in the company report.
Frequently asked questions
Asp Water and Power Projects is an active private limited company based in Pune, Maharashtra, India. The company works in the engineering industry. It was incorporated on 29 November 2000 (26+ years old) and is registered under CIN U28994PN2000PTC219455.
Asp Water and Power Projects has 2 current directors:
- Rohitbhai Ajitbhai Veshviker - Director
- Binit Ajitbhai Veshvikar - Director
The latest financial statements of Asp Water and Power Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asp Water and Power Projects is 08AAJCS4122R1ZT, registered in Rajasthan. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAJCS4122R1ZT (Maharashtra), 36AAJCS4122R1ZU (Telangana), 09AAJCS4122R1ZR (Uttar Pradesh).
The CIN (Corporate Identification Number) of Asp Water and Power Projects is U28994PN2000PTC219455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asp Water and Power Projects has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Asp Water and Power Projects was incorporated on 29 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
Chanda Binit Veshvikar ceased to be Director on 02 Feb 2017. Binit Ajitbhai Veshvikar ceased to be Additional Director on 29 Sep 2012. Binit Ajitbhai Veshvikar was appointed as Director on 10 Aug 2012. Asp Water and Power Projects has 4 board changes on record in total.
Yes, Asp Water and Power Projects is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0017507).
Asp Water and Power Projects can be reached through the website aspwppl.com. Its registered office is in Pune, Maharashtra, India.

