MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0229002
Asquad Online Services Private Limited
Asquad Online Services Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹54.61 Lakh
▼ 26% YoY
Net profit · FY 2024
₹1.23 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹4.48 Lakh
EBITDA margin 8.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.54 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Asquad Online Services Private Limited
Data last updated:
Asquad Online Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2019PTC121599. Its GSTIN is 29AARCA9514D1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.54 Lakh. It is led by directors Sakshi Jaiswal and Prateek Jaiswal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhive Workspace No 112 Akr Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.61 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 2.2%) and EBITDA of ₹4.48 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 151% over five years.
Asquad Online Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0229002). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72100KA2019PTC121599
Registration Number 121599
Incorporation Date 19 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0229002
Key People
Sakshi Jaiswal Director Prateek Jaiswal Director Recognitions & Rankings of Asquad Online Services
Contact details
Asquad Online Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhive Premium Hsr Campus B Uma Sree Dream World B – Block, Bhive Workspace No 112 Akr Tech Park B And 7th Mile Hosur Rd Krishna Reddy Industrial Area, Bangalore, Karnataka, India – 560068
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Asquad Online Services Private Limited, buy the company report.
Comprehensive company report
Asquad Online Services 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 Asquad Online Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Asquad Online Services Private Limited, buy the company report.
Financials of Asquad Online Services Private Limited
FY 2025 filings availableAsquad Online Services Private Limited reported revenue of ₹54.61 Lakh (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹54.61 Lakh ▼ 26%
Net profit · FY 2024
₹1.23 Lakh margin 2.2%
EBITDA · FY 2024
₹4.48 Lakh margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 26%
5 years · compounded
▲ 151%
EBITDA CAGR growth
1 year
▲ 129%
3 years · compounded
▲ 48%
5 years · compounded
▲ 55%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 151%. EBITDA rose 129% 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 | ₹4.48 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.23 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Asquad Online Services Private Limited, buy the company report.
Board of directors of Asquad Online Services Private Limited
Asquad Online Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sakshi Jaiswal | Director | 19 Feb 2019 | 7 Years 8 Months | Current |
| Prateek Jaiswal Also directs: Velmora Labs Private Limited, Asquad Trading Private Limited | Director | 15 Apr 2020 | 6 Years 6 Months | Current |
Auditor
Asquad Online Services Private Limited is audited by M N B & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N B & CO | FY 2020 | 016459C |
Shareholding
The shareholding of Asquad Online Services Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asquad Online Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asquad Online Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asquad Online Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asquad Online Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA9514D1ZE | Karnataka | Active | 13 Oct 2019 |
To see the full GST registrations and return filing status of Asquad Online Services Private Limited, buy the company report.
Recent activity
Asquad Online Services Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Prateek Jaiswal ceased to be Additional Director on 31 Dec 2020.
AGM
Asquad Online Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asquad Online Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Prateek Jaiswal ceased to be Additional Director.
Appointed
Akshay Anurag was appointed as CEO.
Ceased
Akshay Anurag ceased to be Director.
Appointed
Prateek Jaiswal was appointed as Director.
Appointed
Sakshi Jaiswal was appointed as Director.
Incorporation
19 Feb 2019
Asquad Online Services Private Limited was registered on 19 Feb 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.
Frequently asked questions
Asquad Online Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 February 2019 (7+ years old) and is registered under CIN U72100KA2019PTC121599.
Asquad Online Services has 2 current directors:
- Sakshi Jaiswal - Director
- Prateek Jaiswal - Director
The latest financial statements of Asquad Online Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Asquad Online Services is 29AARCA9514D1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Asquad Online Services is U72100KA2019PTC121599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asquad Online Services was incorporated on 19 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Prateek Jaiswal ceased to be Additional Director on 31 Dec 2020. Akshay Anurag was appointed as CEO on 24 Aug 2020. Akshay Anurag ceased to be Director on 15 Apr 2020. Asquad Online Services has 5 board changes on record in total.
Yes, Asquad Online Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0229002).
The registered office of Asquad Online Services is at Bhive Premium Hsr Campus B Uma Sree Dream World B – Block, Bhive Workspace No 112 Akr Tech Park B And 7th Mile Hosur Rd Krishna Reddy Industrial Area, Bangalore, Karnataka, India – 560068.
Asquad Online Services operates in the business outsourcing industry, in the business and IT consulting segment.
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