Aspire Systems Digital Private Limited

Aspire Systems Digital Private Limited — information technology in Ernakulam, Kerala, India. FY 2026 financials and compliance.
CIN U72200KL2008PTC036639 Incorporated 07 August 2008 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹122.99 Cr
▼ 39.00% YoY
EBITDA · FY 2025
*****
▼ 4.00% YoY
Net profit · FY 2025
*****
▲ 3.00% YoY
Authorised capital
₹1.11 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Open charges
None
Satisfied ₹6.28 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
578
Latest available

About Aspire Systems Digital Private Limited

Data last updated: 30 December 2025

Aspire Systems Digital Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Aspire Systems (India) Private Limited. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 07 August 2008, the company has been in operation for over 18 years.

Registered with ROC Ernakulam under CIN U72200KL2008PTC036639.

Capital: an authorised share capital of ₹1.11 Cr and a paid-up capital of ₹1.04 Cr. Formerly known as Rapidvalue It Services Private Limited. It is led by directors Krishnan Vaidyanathan and Pylore Sridhar Subramanian.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 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.

The company has a workforce of approximately 578 employees as per the latest available data. It operates as a subsidiary of Aspire Systems (India) Private Limited.

The company is associated with 2 brands — Rapidvalue, Aspire Systems. As per MCA filings, the company has satisfied charges of ₹6.28 Cr on record.

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.

Company Details of Aspire Systems Digital Private Limited
CIN U72200KL2008PTC036639
Registration Number 036639
Incorporation Date 07 August 2008
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Aspire Systems (India) Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    Unit 303 3Rd Floor Tower-B World Trade Centre, Infopark Sez Phase-1 Cochin, Ernakulam, Kerala, India – 682030
  • Industry
    Information Technology, IT Consulting & Support Services
Company report
Aspire Systems Digital Private Limited — full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Aspire Systems Digital Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Aspire Systems Digital Private Limited

Aspire Systems Digital Private Limited 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

Associated Brands with Aspire Systems Digital Private Limited

Aspire Systems Digital Private Limited operates two associated brands: RapidValue and Aspire Systems. These brands represent Aspire Systems Digital Private Limited's diversified market presence and brand portfolio.

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

Competitors & Alternatives of Aspire Systems Digital Private Limited

Brands and companies operating in the same space as Aspire Systems Digital Private Limited include Happiest Minds, 1&1 IONOS, Genpact and 7 more.

Competitor Description Location Founded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
Persistent Persistent IT consulting, data analytics, and digital transformation services are provided. Pune, India, India 1990
Epam Epam Provider of software development, data analytics, and other IT suite services Newtown Square, United States, United States 1993
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided. Koto City, Japan, Japan 1967
Accenture Accenture IT and management consultancy services are provided globally. Dublin, Ireland, Ireland 1989
Breed Reply Breed Reply AI, cloud, and blockchain services are provided globally. Turin, Italy, Italy 1996
Globant Globant IT and digital transformation services are delivered to various industries. Buenos Aires, Argentina, Argentina 2003
UST UST High-quality office furniture is provided by UST for various needs. Taiwan 1998

Business Activity of Aspire Systems Digital Private Limited

Aspire Systems Digital Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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 *********

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. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
B S R & Co. LLP blur-value blur-value blur-value

Board of Directors of Aspire Systems Digital Private Limited

Aspire Systems Digital Private Limited is currently managed by 2 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Krishnan Vaidyanathan Director 07 Oct 2025 0 Years 9 Months Current
Pylore Sridhar Subramanian Director 26 Aug 2020 5 Years 10 Months Current

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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹122.99 Cr ▼ -39%
Profit
***** ▲ 3%
EBITDA
***** ▼ -4%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated — Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Aspire Systems Digital Private Limited

As of FY 2023, Aspire Systems Digital Private Limited's shareholding pattern shows 99.98% by promoters, 0.02% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Aspire Systems Digital Private Limited

Open charges
₹0
Satisfied charges
₹6.28 Cr
Breakdown by lending institutions
Others₹4.78 Cr
State Bank of India₹1.00 Cr
Small Industries Development Bank of India₹0.50 Cr
Latest charge details
DateLenderAmountStatus
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

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 count
578
Active EPFO establishments
1
Employee growth
17.24%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Aspire Systems Digital Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Aspire Systems Digital Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Aspire Systems Digital Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Aspire Systems Digital Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay — Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Aspire Systems Digital Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Aspire Systems Digital Private Limited

MSME Payment Delays by Aspire Systems Digital Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Aspire Systems Digital Private Limited

Subsidiaries & Group Companies of Aspire Systems Digital Private Limited

See the full corporate group — holding company, subsidiaries, associates and joint ventures of Aspire Systems Digital Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Aspire Systems Digital Private Limited

MCA Filings & Documents of Aspire Systems Digital Private Limited

Download official documents filed with the Ministry of Corporate Affairs — from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Aspire Systems Digital Private Limited

Directors
07 Oct 2025
Krishnan Vaidyanathan was appointed as a Director on 07 Oct 2025 & has been associated with this company since 9 months 1 day.
Activity
30 Sep 2024
Aspire Systems Digital Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Aspire Systems Digital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
13 Jul 2023
A charge registered on 26 Aug 2016 via Charge ID 100056084 with Others was fully satisfied on 13 Jul 2023.
Directors
26 Aug 2020
Pylore Sridhar Subramanian was appointed as a Director on 26 Aug 2020 & has been associated with this company since 5 years 10 months.
Charges
05 Apr 2019
A charge registered on 05 May 2016 via Charge ID 100033326 with Others was fully satisfied on 05 Apr 2019.

Frequently Asked Questions about Aspire Systems Digital Private Limited

Aspire Systems Digital Private Limited is an active private limited company in the information technology sector based in Ernakulam, Kerala, India. It was incorporated on 07 August 2008 (18+ years old) and is registered under CIN U72200KL2008PTC036639. The company has 578 employees.

Aspire Systems Digital Private Limited reported revenue of ₹122.99 Cr for FY 2025 (down 39.00% YoY).

The current directors of Aspire Systems Digital Private Limited are:

The primary industry of Aspire Systems Digital Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.

Aspire Systems Digital Private Limited can be reached at the registered office: Unit 303 3Rd Floor Tower-B World Trade Centre, Infopark Sez Phase-1 Cochin, Ernakulam, Kerala, India – 682030, or through the website aspiresys.com.

The authorised capital is ₹1.11 Cr, and the paid-up capital is ₹1.04 Cr.

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