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Aspirare Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.78 Cr
▼ 27% YoY
Net profit · FY 2024
₹3.95 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹89.69 Lakh
EBITDA margin 8.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Aspirare Technologies Private Limited
Data last updated:
Aspirare Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC133205. Its GSTIN is 29AATCA3710F1ZM (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lalit Narayan Jha and Ekta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 17 2nd Floor 9th Main 17th Cross 7th Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.78 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.95 Lakh (net margin 0.4%) and EBITDA of ₹89.69 Lakh (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
As per MCA filings, the company has open charges of ₹7 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Aspirare Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0191652). For more details, the company can be reached via its website aspirare.in.
Company details
CIN U72900KA2020PTC133205
Registration Number 133205
Incorporation Date 04 March 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0191652
Recognitions & Rankings of Aspirare Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0191652
Contact details
Aspirare Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is aspirare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 17 2nd Floor 9th Main 17th Cross 7th Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Aspirare Technologies Private Limited, buy the company report.
Comprehensive company report
Aspirare Technologies 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
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Business activity
The main business activity of Aspirare Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Aspirare Technologies Private Limited, buy the company report.
Financials of Aspirare Technologies Private Limited
FY 2024 filings availableAspirare Technologies Private Limited reported revenue of ₹10.78 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹10.78 Cr ▼ 27%
Net profit · FY 2024
₹3.95 Lakh margin 0.4%
EBITDA · FY 2024
₹89.69 Lakh margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 7%
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 49% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹89.69 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Aspirare Technologies Private Limited, buy the company report.
Board of directors of Aspirare Technologies Private Limited
Aspirare Technologies has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Narayan Jha | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Ekta Also directs: Bardlyindia Private Limited, Aspirare Realtech Private Limited, Xacto Services Private Limited and 3 more | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Vikas Kumar Jha Also directs: Aspirare Realtech Private Limited, Deelav Info Solutions Private Limited, Aleyo Communications Private Limited and 2 more | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Aspirare Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Service Providers), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Azmarq Technovation Private Limited | ₹11.24 Cr (FY 2025) | 16.0% | Dadri, Uttar Pradesh, India | |||
| Aspirare Technologies Private Limitedthis company | ₹10.78 Cr (FY 2024) | ₹3.95 Lakh | 0.4% | -27.0% | Bangalore, Karnataka, India | |
| Mtnlstpi IT Services Limited. | ₹10.52 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Softwide Techno Solutions Private Limited | ₹10.09 Cr (FY 2024) | -6.0% | Guwahati, Assam, India |
To see the full peer comparison of Aspirare Technologies Private Limited, buy the company report.
Auditor
Aspirare Technologies Private Limited is audited by SUTHAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUTHAR & CO | FY 2023 | 224990 |
Shareholding
The shareholding of Aspirare Technologies Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aspirare Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2023 | 100727285 | Others | ₹7 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Aspirare Technologies Private Limited has 2 court cases on record: 2 filed by Aspirare Technologies. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (REQ. CASE) | Filed by the company against The Vice Chancellor of Dr. Rajendra Prasad Central Agricultural University | Pending |
| High Court | Court case (CWJC) | Filed by the company against Dr. Rajendra Prasad Central Agricultural University and 4 others | Disposed |
To see the full case history of Aspirare Technologies 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 Aspirare Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aspirare Technologies has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCA3710F1ZM | Karnataka | Active | 23 Apr 2020 |
| 19AATCA3710F1ZN | West Bengal | Active | 15 Jul 2020 |
| 10AATCA3710F1Z5 | Bihar | Active | 05 Apr 2022 |
To see the full GST registrations and return filing status of Aspirare Technologies Private Limited, buy the company report.
Recent activity
Aspirare Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Ekta was appointed as Director on 04 Mar 2020.
AGM
Aspirare Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aspirare Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100727285 was registered on 10 Mar 2023.
Appointed
Ekta was appointed as Director.
Appointed
Lalit Narayan Jha was appointed as Director.
Appointed
Vikas Kumar Jha was appointed as Director.
Incorporation
04 Mar 2020
Aspirare Technologies Private Limited was registered on 04 Mar 2020 with Roc Bangalore & aged 6 years 7 months as per MCA records.
Frequently asked questions
Aspirare Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 March 2020 (6+ years old) and is registered under CIN U72900KA2020PTC133205.
Aspirare Technologies has 3 current directors:
- Lalit Narayan Jha - Director
- Ekta - Director
- Vikas Kumar Jha - Director
The latest financial statements of Aspirare Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Aspirare Technologies is 29AATCA3710F1ZM, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AATCA3710F1ZN (West Bengal), 10AATCA3710F1Z5 (Bihar).
The CIN (Corporate Identification Number) of Aspirare Technologies is U72900KA2020PTC133205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspirare Technologies has 2 court cases on record: 2 filed by the company. 1 is pending.
Aspirare Technologies was incorporated on 04 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aspirare Technologies by revenue are Azmarq Technovation Private Limited, Mtnlstpi IT Services Limited, Softwide Techno Solutions Private Limited, all in the Telecom industry (Telecom Service Providers), with the same principal business activity (other information & communication service activities).
Ekta was appointed as Director on 04 Mar 2020. Lalit Narayan Jha was appointed as Director on 04 Mar 2020. Vikas Kumar Jha was appointed as Director on 04 Mar 2020.
Yes, Aspirare Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aspirare Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0191652).