Aspen Material Handling Private Limited
About Aspen Material Handling Private Limited
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Aspen Material Handling Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 13 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U71120MH2003PTC140436.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47.5 Lakh. It is led by directors Cadalur Srinivasamurthy Venkatesh and Archana Saket Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.34 Lakh. For the same year it recorded a net profit of ₹7,238 (net margin 5.4%) and EBITDA of -₹1.26 Lakh (EBITDA margin -94.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹22.6 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aspen Material Handling Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 1A 2nd Floor, Kapur Mansion 51, Mumbai, Maharashtra, India – 400007
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Aspen Material Handling 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
Financials of Aspen Material Handling Private Limited
FY 2025 filings availableAspen Material Handling Private Limited reported revenue of ₹1.34 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years. 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 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 | ₹1.34 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7,238 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -94.6% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Aspen Material Handling Private Limited, buy the company report.
Board of directors of Aspen Material Handling Private Limited
Aspen Material Handling has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cadalur Srinivasamurthy Venkatesh Also directs: Oblique Trading P Ltd, Highgate Terminals Private Limited, Megalift Material Handling Private Limited and 5 more | Director | 25 Jul 2018 | 8 Years 2 Months | Current |
| Archana Saket Agarwal Also directs: Oblique Trading P Ltd, Highgate Terminals Private Limited, Megalift Material Handling Private Limited and 2 more | Director | 05 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Aspen Material Handling Private Limited is audited by MITESH MEHTA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITESH MEHTA & ASSOCIATES | FY 2022 | 106447W |
Shareholding
The shareholding of Aspen Material Handling Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aspen Material Handling Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2014 | 10531155 | Idfc Limited | ₹22.6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Aspen Material Handling Private Limited has 3 court cases on record: 2 filed by Aspen Material Handling, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Ocean Crest Co-Operative Housing Society Ltd and Ors | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Aspen Material Handling 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 Aspen Material Handling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Aspen Material Handling Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aspen Material Handling Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Cadalur Srinivasamurthy Venkatesh ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Aspen Material Handling is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 13 May 2003 (23+ years old) and is registered under CIN U71120MH2003PTC140436.
Aspen Material Handling has 2 current directors:
- Cadalur Srinivasamurthy Venkatesh - Director
- Archana Saket Agarwal - Director
The latest financial statements of Aspen Material Handling 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 CIN (Corporate Identification Number) of Aspen Material Handling is U71120MH2003PTC140436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspen Material Handling has 3 court cases on record: 2 filed by the company and 1 filed against it.
Aspen Material Handling was incorporated on 13 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Cadalur Srinivasamurthy Venkatesh ceased to be Additional Director on 29 Sep 2018. Prafulla Kumar Sinha ceased to be Director on 14 Sep 2018. Cadalur Srinivasamurthy Venkatesh was appointed as Director on 25 Jul 2018. Aspen Material Handling has 7 board changes on record in total.
The registered office of Aspen Material Handling is at Flat No. 1A 2nd Floor, Kapur Mansion 51, Mumbai, Maharashtra, India – 400007.
Aspen Material Handling operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
Aspen Material Handling has open charges of ₹22.6 Cr and no satisfied charges on record as per latest MCA filings.