About Aspire Systems Digital Private Limited
Data last updated:
Aspire Systems Digital Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Aspire Systems (India) Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2008PTC036639. Its GSTIN is 32AAECR2285F3ZJ (Kerala). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.11 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Rapidvalue It Services Private Limited. It is led by directors Pylore Subramanian Sridhar and Krishnan Vaidyanathan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Infopark, Ernakulam, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.99 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹19.9 Cr (net margin 16.2%) and EBITDA of ₹32.57 Cr (EBITDA margin 26.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company has about 578 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: RapidValue and Aspire Systems. As per MCA filings, the company has satisfied charges of ₹6.28 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.26 Cr; the latest was in March 2023. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Medcode Services Private Limited. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 43 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspiresys.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit 303 3rd Floor Tower – B World Trade Centre, Infopark SEZ Phase – 1 Cochin, Ernakulam, Kerala, India – 682030
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Aspire Systems Digital Private Limited
The main business activity of Aspire Systems Digital is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aspire Systems Digital Private Limited FY 2024 filings available
Aspire Systems Digital Private Limited reported revenue of ₹122.99 Cr (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aspire Systems Digital Private Limited
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 4% 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 of Aspire Systems Digital Private Limited
| 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 | ₹32.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.9 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 of Aspire Systems Digital Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aspire Systems Digital are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aspire Systems Digital Private Limited
Aspire Systems Digital Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medcode Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai City Corporation, Tamil Nadu, India |
| Centillion Solutions and Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Seneca Global IT Services Private Limited | •••• | •••• | •••• | •••• | 234 | Shaikpet, Telangana, India |
| Logic Information Systems (India) Private Limited | •••• | •••• | •••• | •••• | 425 | Saidapet, Tamil Nadu, India |
| Clarion Technologies Private Limited | •••• | •••• | •••• | •••• | 447 | Pune City, Maharashtra, India |
| Aspire Systems Digital Private Limited this company | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Amrut Software Private Limited | •••• | •••• | •••• | •••• | 223 | Mumbai, Maharashtra, India |
| Numerator India Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Asm Enterprise Solutions Private Limited | •••• | •••• | •••• | •••• | 1,725 | Bangalore, Karnataka, India |
| Esi Software (India) Private Limited | •••• | •••• | •••• | •••• | 197 | Bangalore South, Karnataka, India |
| Dynpro India Private Limited | •••• | •••• | •••• | •••• | 704 | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Aspire Systems Digital by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Aspire Systems Digital Private Limited
Aspire Systems Digital Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aspire Systems Digital Private Limited
Aspire Systems Digital has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pylore Subramanian Sridhar Also directs: Aspire Systems (India) Private Limited | Director | 26 Aug 2020 | 6 Years 1 Months | Current |
| Krishnan Vaidyanathan Also directs: Aspire Systems (India) Private Limited, Pearltri Foods Private Limited, Dorado Energy Private Limited and 4 more | Additional Director | 07 Oct 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Aspire Systems Digital Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aspire Systems Digital Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2016 | Others | ₹2.78 Cr | Satisfied |
| 05 May 2016 | Others | ₹2 Cr | Satisfied |
| 26 Mar 2013 | Small Industries Development Bank of India | ₹25 Lakh | Satisfied |
| 26 Mar 2013 | Small Industries Development Bank of India | ₹25 Lakh | Satisfied |
| 10 Oct 2011 | State Bank of India | ₹1 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Aspire Systems Digital Private Limited
Aspire Systems Digital Private Limited has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.26 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Aspire Systems (India) Private Limited & Sulakshana Jojo, Aspire Systems (India) Private Limited Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Aspire Systems (India) Private Limited Seller: 3 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Aspire Systems (India) Private Limited Seller: Helion Venture Partners, 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Helion Venture Partners, 3 individuals Seller: Nidhi Sci Ventures Private Limited , 3 individuals |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Aspire Systems Digital Private Limited
Aspire Systems Digital Private Limited has 1 court case on record: 1 filed by Aspire Systems Digital. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Aspire Systems Digital Private Limited
Aspire Systems Digital Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 43 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Novavente Limited | •••• | •••• | •••• |
| Intellicomm Solutions and Enterprises Private Limited | •••• | •••• | •••• |
| Prospect HR | •••• | •••• | •••• |
| Hipoint Connect Private Limited | •••• | •••• | •••• |
| Talent Hire IT Solutions Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Aspire Systems Digital Private Limited
Aspire Systems Digital operates two associated brands: RapidValue and Aspire Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end mobility solutions and services are provided to enterprises. | rapidvaluesolutions.com | |
| Provides IT consulting, software engineering, cloud services, and digital solutions globally. | aspiresys.com |
Employees and EPFO Compliance at Aspire Systems Digital Private Limited
Aspire Systems Digital Private Limited has a workforce of 578 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Aspire Systems Digital Private Limited
Aspire Systems Digital has one previous CIN (Corporate Identification Number): U72200AP2008PTC060533. The current CIN is U72200KL2008PTC036639, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KL2008PTC036639 | Current |
| U72200AP2008PTC060533 | Previous |
News related to Aspire Systems Digital Private Limited
Recent Activity on Aspire Systems Digital Private Limited
Aspire Systems Digital Private Limited has 20 board changes on record since 2008: 11 appointments and 9 cessations. The latest: Arun John ceased to be Director on 07 Oct 2025.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aspire Systems Digital Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aspire Systems Digital Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aspire Systems Digital Private Limited
Aspire Systems Digital has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECR2285F3ZJ | Kerala | Active | 05 Mar 2025 |
| 29AAECR2285F1Z8 | Karnataka | Active | 17 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aspire Systems Digital Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aspire Systems Digital Private Limited
Aspire Systems Digital is an active private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 August 2008 (18+ years old) and is registered under CIN U72200KL2008PTC036639.
Aspire Systems Digital reported revenue of ₹122.99 Cr for FY 2025 (down 39% YoY).
Aspire Systems Digital has 2 current directors:
- Pylore Subramanian Sridhar - Director
- Krishnan Vaidyanathan - Additional Director
Aspire Systems Digital reported a net profit of ₹19.9 Cr (net margin 16.2%) and EBITDA of ₹32.57 Cr (EBITDA margin 26.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aspire Systems Digital is 7% over five years. In the latest year (FY 2025) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aspire Systems Digital is 32AAECR2285F3ZJ, registered in Kerala. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECR2285F1Z8 (Karnataka).
The CIN (Corporate Identification Number) of Aspire Systems Digital is U72200KL2008PTC036639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspire Systems Digital has 1 court case on record: 1 filed by the company.
Aspire Systems Digital was incorporated on 07 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
Aspire Systems Digital has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.26 Cr; the latest was in March 2023.
The peers of Aspire Systems Digital by revenue are Medcode Services Private Limited, Centillion Solutions and Services Private Limited, Seneca Global IT Services Private Limited, Logic Information Systems (India) Private Limited, Clarion Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Arun John ceased to be Director on 07 Oct 2025. Krishnan Vaidyanathan was appointed as Additional Director on 07 Oct 2025. Rajesh Thekkinkattil Padinjaremadam ceased to be Whole-Time Director on 31 Mar 2022. Aspire Systems Digital has 20 board changes on record in total.