Aspire Systems (India) Private Limited - Company Profile

It is a information technology private limited company based in Chennai, Tamil Nadu, India, established in 1998.

1998 Chennai, Tamil Nadu, India Active

Last Updated: December 23, 2025

About Aspire Systems (India) Private Limited

Aspire Systems (India) Private Limited, a active private limited company, was established on 04 August 1998 in Chennai, Tamil Nadu, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U40300TN1998PTC046943. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.50 M and a paid-up capital of ₹0.53 M.

It upholds a compliant status. Its leadership includes Thiruvengadam Giridharan (Cfo), Krishnan Vaidyanathan (Additional Director), Pylore Sridhar Subramanian (Director). Past directors included Sankaranarayanan Rameswaram Krishnamoorthy, Subramanian Gowrishankar, Arun John. It holds ₹1.20 Cr open charges and ₹40.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Old No.4,New No.7,Ii Trustlink Road, Mandaveli,, Chennai, Tamil Nadu, 600028.

Company Details

CIN/LLPIN
U40300TN1998PTC046943
Registration Number
046943
Incorporation Date
04 August 1998
Authorized Capital
₹3.50 M
Paid-Up Capital
₹0.53 M
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.50 M as on 23-12-2025
Paid Up Capital ₹ 0.53 M as on 23-12-2025
Company Age 27 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1.20 Cr as on 23-12-2025
Satisfied Charges ₹ 40.00 Cr as on 23-12-2025
Revenue Growth **** 19.72% (FY 2023)
Profit Growth **** -0.40% (FY 2023)
Ebitda **** -6.28% (FY 2023)
Net Worth -1.41% (FY 2023)
Total Assets **** 4.01% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Aspire Systems (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Aspire Systems (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Thiruvengadam Giridharan	Cfo	01 Apr 2024	Current
Krishnan Vaidyanathan	Additional Director	07 Oct 2025	Current
Pylore Sridhar Subramanian	Director	26 Aug 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	15 Mar 2017	Past
Pramod Abcsdd	Managing Director	27 Aug 2020	Past
Pramod Abcsdd	Director	14 Oct 2024	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Whole-Time Director	27 Aug 2020	Past
Pramod Abcsdd	Director	29 Jun 2009	Past

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Financial Performance of Aspire Systems (India).

Aspire Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.72% increase. The company also saw a slight decrease in profitability, with a 0.4% decrease in profit. The company's net worth dipped by a decrease of 1.41%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

19.72%

*******

Revenue from Operations

*******

18.17%

*******

Total Assets

*******

4.01%

*******

Profit or Loss

*******

-0.40%

*******

Net Worth

*******

-1.41%

*******

EBITDA

*******

-6.28%

*******

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What is the Ownership and Shareholding Structure of Aspire Systems (India)?

In 2023, Aspire Systems (India) had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹12,000,000.00

Satisfied Charges

₹400,000,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 1.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 May 2021	State Bank Of India	₹1.20 Cr	Open
23 Aug 2011	State Bank Of India	₹16.20 Cr	Satisfied
09 Oct 2006	Indian Bank	₹12.30 Cr	Satisfied
26 May 2006	Indian Bank	₹2.50 Cr	Satisfied
26 May 2006	Indian Bank	₹4.00 Cr	Satisfied

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How Many Employees Work at Aspire Systems (India)?

Unlock and access historical data on people associated with Aspire Systems (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Aspire Systems (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aspire Systems (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Aspire Systems (India)

Recent Activity within the Organization

Director Appointment

The activity Krishnan Vaidyanathan was appointed as a Additional Director was appointed as a Additional Director on 07 Oct 2025 & has been associated with this company since 4 months 7 days . was completed.
07 Oct 2025
Annual General Meeting

Aspire Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

The activity Aspire Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.
31 Mar 2025
Director Appointment

Thiruvengadam Giridharan was appointed as a Cfo was appointed as a Cfo on 17 Aug 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
17 Aug 2024
Director Appointment

Thiruvengadam Giridharan was appointed as a CFO was appointed as a CFO on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.
01 Apr 2024
Charges

A charge with State Bank Of India amounted to Rs. 12.00 M with Charge ID 100463072 was registered on 17 May 2021. was recorded as a recent event.
17 May 2021

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