- Category
- Small (2023-24)
- Udyam number
- UDYAM-CH-01-0005776

About Asppen Overseas Limited
Data last updated:
Asppen Overseas Limited is a public limited company based in Chandigarh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51220CH2005PLC027811. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹11 Lakh. It was formerly known as Aspen Overseas Limited and Aspen Consumer Goods Limited. It is led by directors including Deepak Bakshi and Vineet Mahendru.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at SCO 165 Sector 38 C Chandigarh, Chandigarh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.21 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Lakh (net margin 0.3%) and EBITDA of ₹51.74 Lakh (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Asppen Overseas. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
Asppen Overseas Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0005776). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asppenoverseas.com.
Company details
Name history
Asppen Overseas has undergone 4 name changes throughout its history. The current legal name is Asppen Overseas Limited.
| Company Name | Status |
|---|---|
| Asppen Overseas Limited | Current |
| Aspen Overseas Limited | Previous |
| Aspen Consumer Goods Limited | Previous |
| Aspen Consumer Goods Limited | Previous |
| Aspen Consumer Goods Private Limited | Previous |
CIN history
Asppen Overseas has one previous CIN (Corporate Identification Number): U51220CH2005PTC027811. The current CIN is U51220CH2005PLC027811, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51220CH2005PLC027811 | Current |
| U51220CH2005PTC027811 | Previous |
Recognitions & Rankings of Asppen Overseas
Contact details
Asppen Overseas Limited's registered office is in Chandigarh. Its website is asppenoverseas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 165 Sector 38 C Chandigarh, Chandigarh, India
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Asppen Overseas 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
Brands
Asppen Overseas operates one associated brand: Asppen Overseas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Visa and immigration consulting services for study, work, and travel abroad. | asppenoverseas.com |
Financials of Asppen Overseas Limited
FY 2022 filings availableAsppen Overseas Limited reported revenue of ₹8.21 Cr (up 52% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 41% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹51.74 Lakh | ||||
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| Net Profit (PAT) | ₹2.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Asppen Overseas Limited, buy the company report.
Board of directors of Asppen Overseas Limited
Asppen Overseas has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bakshi | Director | 06 Jan 2005 | 21 Years 9 Months | Current |
| Vineet Mahendru | Director | 06 Jan 2005 | 21 Years 9 Months | Current |
| Hemant Bakhshi | Director | 15 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Asppen Overseas Limited is audited by SANJEEV SHARMA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJEEV SHARMA & ASSOCIATES | FY 2020 | 012326N |
Shareholding
The shareholding of Asppen Overseas Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asppen Overseas Limited, buy the company report.
Legal cases
Asppen Overseas Limited has 6 court cases on record: 3 filed by Asppen Overseas, 3 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Criminal miscellaneous application | Filed by the company against Income Tax Officer (Tds)-11, Chandigarh | Pending |
| District court, Amritsar, Punjab | Appeal | Filed against the company by Ms R S Hari Ram and Co | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company | Disposed |
| District court, Chandigarh | Appeal | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Asppen Overseas 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 Asppen Overseas Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asppen Overseas Limited has a workforce of 2 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Asppen Overseas has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asppen Overseas Limited, buy the company report.
Recent activity
Asppen Overseas Limited has 3 board changes on record since 2005: 3 appointments. The latest: Hemant Bakhshi was appointed as Director on 15 Mar 2008.
Frequently asked questions
Asppen Overseas is an active public limited company based in Chandigarh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 January 2005 (21+ years old) and is registered under CIN U51220CH2005PLC027811.
Asppen Overseas has 3 current directors:
- Deepak Bakshi - Director
- Vineet Mahendru - Director
- Hemant Bakhshi - Director
The latest financial statements of Asppen Overseas on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Asppen Overseas has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Asppen Overseas is U51220CH2005PLC027811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asppen Overseas has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Asppen Overseas was incorporated on 06 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.
Hemant Bakhshi was appointed as Director on 15 Mar 2008. Deepak Bakshi was appointed as Director on 06 Jan 2005. Vineet Mahendru was appointed as Director on 06 Jan 2005.
Yes, Asppen Overseas is registered as a small enterprise under Udyam registration (number: UDYAM-CH-01-0005776).
Asppen Overseas can be reached through the website asppenoverseas.com. Its registered office is in Chandigarh, India.

