About Assago Industries Private Limited
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Assago Industries Private Limited is a private limited company based in Delhi, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 23 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24299DL2021PTC385458. Its GSTIN is 07AAVCA6711E1ZL (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹50 Cr. It is led by directors including Ashish Gurnani (Managing Director) and Sunil Kumar Batta.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1/1577 Vasant Kunj, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹152.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.06 Cr (net margin -5.3%) and EBITDA of ₹73.47 Lakh (EBITDA margin 0.5%).
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Assago Group. As per MCA filings, the company has open charges of ₹365.1 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in November 2022. Its 10 peer companies in the Chemicals industry (Organic Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Orient Ethanol Industries Private Limited with revenue of ₹201.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assagogroup.com.
Company details
Contact details
Assago Industries Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 1/1577 Vasant Kunj, Delhi, India – 110070
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Assago Industries Private 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
Assago Industries operates one associated brand: Assago Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Assago operates in energy, technology, real estate, and wealth management with a focus on sustainability and innovation. | assagogroup.com |
Financials of Assago Industries Private Limited
FY 2025 filings availableAssago Industries Private Limited reported revenue of ₹152.89 Cr (up 42549% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹73.47 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.06 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | -5.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Assago Industries Private Limited, buy the company report.
Board of directors and KMP of Assago Industries Private Limited
Assago Industries Private Limited currently reports 4 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Gurnani | Managing Director | 23 Aug 2021 | 5 Years 2 Months | Current |
| Sunil Kumar Batta | Director | 30 Dec 2022 | 3 Years 10 Months | Current |
| Venkateswara Rao Gorijala | Director | 03 Jan 2025 | 1 Years 10 Months | Current |
| Vivek Kumar Shukla | Director | 23 Sep 2024 | 2 Years 1 Months | Current |
| Lokesh Singhal Also directs: LPV Weltweit Solutions Private Limited | Company Secretary | 05 Sep 2023 | 3 Years 2 Months | Current |
Peer comparison
Assago Industries Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Organic Chemicals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orient Ethanol Industries Private Limited | ₹201.15 Cr (FY 2025) | 27450.0% | Delhi, India | |||
| Vizianagar Starch and Allied Products Private Limited | ₹185.71 Cr (FY 2025) | 11.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Panchaganga Sugar & Power Private Limited | ₹161.35 Cr (FY 2025) | 1059.0% | Aurangabad, Maharashtra, India | |||
| Eastern India Cements Private Limited | ₹160.23 Cr (FY 2025) | 2913219.0% | Bokaro Steel, Jharkhand, India | |||
| Windson Chemical Private Limited | ₹156.41 Cr (FY 2025) | 48.0% | Chikhli, Gujarat, India | |||
| Assago Industries Private Limitedthis company | ₹152.89 Cr (FY 2025) | -₹8.06 Cr | -5.3% | 42549.0% | Delhi, India | |
| Umiam Distillation Private Limited | ₹152.28 Cr (FY 2025) | Byrnihat, Meghalaya, India | ||||
| Greenative Petrochem Private Limited | ₹147.57 Cr (FY 2025) | 942.0% | Shirala, Maharashtra, India | |||
| Ghaziabad Organics Limited | ₹147.05 Cr (FY 2025) | 28.0% | Delhi, India | |||
| Raj Pioneer Laboratories India Private Limited | ₹125.35 Cr (FY 2025) | 13.0% | Madhya Pradesh, India | |||
| Shroff Oil Manufacturing Company Private Limited | ₹124.6 Cr (FY 2025) | -32.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Assago Industries Private Limited, buy the company report.
Auditor
Assago Industries Private Limited is audited by S D Chopra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D Chopra & Associates | FY 2023 | 0037989N |
Shareholding
The shareholding of Assago Industries Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Assago Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2026 | 101227697 | Idbi Trusteeship Services Limited | ₹50 Cr | Open | |
| 31 Oct 2025 | 101182004 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 07 Jan 2025 | 101040224 | State Bank of India | ₹10 Lakh | Open | |
| 29 Jul 2024 | 100956680 | Idbi Trusteeship Services Limited | ₹45 Cr | Open | |
| 21 Jul 2023 | 100748961 | Idbi Trusteeship Services Limited | ₹220 Cr | Open |
Total charge records: 5 View all charges
Deals & funding
Assago Industries Private Limited has 1 deal on record (1 rights issue); the latest was in November 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹9.98 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Assago Industries Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Bharat Peroleum Corporation Limited | Pending |
To see the full case history of Assago Industries Private 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.
Credit ratings & regulatory alerts
Assago Industries Private Limited was last rated by Care on 04 Nov 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Nov 2022 |
To see the full credit ratings and regulatory alerts of Assago Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Assago Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assago Industries has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAVCA6711E1ZL | Delhi | Active | 18 May 2022 |
| 37AAVCA6711E1ZI | Andhra Pradesh | Active | 01 Nov 2022 |
| 06AAVCA6711E1ZN | Haryana | Active | 28 Sep 2023 |
To see the full GST registrations and return filing status of Assago Industries Private Limited, buy the company report.
Recent activity
Assago Industries Private Limited has 9 board changes on record since 2021: 7 appointments and 2 cessations. The latest: Venkateswara Rao Gorijala was appointed as Director on 03 Jan 2025.
5 earlier events are in the company report.
Frequently asked questions
Assago Industries is an active private limited company based in Delhi, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 23 August 2021 (5+ years old) and is registered under CIN U24299DL2021PTC385458.
Assago Industries has 5 current directors and KMP:
- Ashish Gurnani - Managing Director
- Sunil Kumar Batta - Director
- Venkateswara Rao Gorijala - Director
- Vivek Kumar Shukla - Director
- Lokesh Singhal - Company Secretary
The latest financial statements of Assago Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Assago Industries is 07AAVCA6711E1ZL, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 37AAVCA6711E1ZI (Andhra Pradesh), 06AAVCA6711E1ZN (Haryana).
The CIN (Corporate Identification Number) of Assago Industries is U24299DL2021PTC385458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assago Industries has 1 court case on record: 1 filed against it. 1 is pending.
Assago Industries was incorporated on 23 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Assago Industries has 1 deal on record (1 rights issue); the latest was in November 2022.
The peers of Assago Industries by revenue are Orient Ethanol Industries Private Limited, Vizianagar Starch and Allied Products Private Limited, Panchaganga Sugar & Power Private Limited, Eastern India Cements Private Limited, Windson Chemical Private Limited and 5 more, all in the Chemicals industry (Organic Chemicals).
Venkateswara Rao Gorijala was appointed as Director on 03 Jan 2025. Vivek Kumar Shukla was appointed as Director on 23 Sep 2024. Anita Gurnani ceased to be Director on 01 Mar 2024. Assago Industries has 9 board changes on record in total.
Assago Industries can be reached through the website assagogroup.com. Its registered office is in Delhi, India.
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