Asset Vantage Systems Private Limited

Asset Vantage Systems Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U74900MH2007PTC174924 Incorporated 11 October 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹21.34 Cr
▲ 14.00% YoY
EBITDA · FY 2025
*****
▲ 352.00% YoY
Net profit · FY 2025
*****
▲ 68.00% YoY
Authorised capital
₹3.39 Cr
Registered with MCA
Paid-up capital
₹3.28 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
76
Latest available

About Asset Vantage Systems Private Limited

Data last updated: 30 December 2025

Asset Vantage Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Asset Vantage Pte Ltd. It specialises in software development and support services, a part of the broader technology and IT services sector. Incorporated on 11 October 2007, the company has been in operation for over 19 years.

Registered with ROC Mumbai under CIN U72400MH2007PTC174924.

Capital: an authorised share capital of ₹3.39 Cr and a paid-up capital of ₹3.28 Cr. Formerly known as Shasa Systems Private Limited. It is led by directors including Chirag Niranjan Nanavati and Anil Balkrishna Wani.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 86 Jolly Makers Chembers No. 2 8 Th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2025, the company reported a revenue of ₹21.34 Cr, a growth of 14% compared to the previous year.

The company has a workforce of approximately 76 employees as per the latest available data. It operates as a subsidiary of Asset Vantage Pte Ltd.

The company is associated with 2 brands - Finnav, Asset Vantage.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assetvantage.com.

Company Details of Asset Vantage Systems Private Limited
CIN U74900MH2007PTC174924
Registration Number 174924
Incorporation Date 11 October 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Asset Vantage Pte Ltd
Compliance Status Active Compliant
Contact Details
  • Email
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  • Telephone
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  • Website
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  • Social Media
  • Apps
  • Registered Address
    86 Jolly Makers Chembers No. 2 8 Th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Information Technology, Software Development & Support Services
Company report
Asset Vantage Systems Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
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  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Asset Vantage Systems Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Asset Vantage Systems Private Limited

Asset Vantage Systems Private Limited has one previous CIN (Corporate Identification Number): U72400MH2007PTC174924. The current CIN is U74900MH2007PTC174924, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74900MH2007PTC174924 Current
U72400MH2007PTC174924 Previous

Associated Brands with Asset Vantage Systems Private Limited

Asset Vantage Systems Private Limited operates two associated brands: Finnav and Asset Vantage. These brands represent Asset Vantage Systems Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Accounting and reporting software is provided for family offices. finnav.com
Cloud-based platform for investment and accounting management is utilized. assetvantage.com

Competitors & Alternatives of Asset Vantage Systems Private Limited

Brands and companies operating in the same space as Asset Vantage Systems Private Limited include Intuit, Visma, Clear and 7 more.

Competitor Description Location Founded
Intuit Intuit Financial and accounting software is developed for businesses and individuals. Mountain View, United States, United States 1983
Visma Visma Cloud-based ERP software is provided for business management across segments. Oslo, Norway, Norway 1996
Clear Clear Technology-enabled accounting and finance solutions are offered for SMBs. Bengaluru, India, India 2011
Xero Xero Cloud-based accounting and payment management is offered for small businesses. Wellington, New Zealand, New Zealand 2006
FreeAgent FreeAgent Cloud-based accounting software is provided for small businesses and freelancers. Edinburgh, United Kingdom, United Kingdom 2007
FreshBooks FreshBooks Cloud-based invoicing and accounting software is offered for businesses. Toronto, Canada, Canada 2003
Kyriba Kyriba Cloud-based treasury automation and risk management solutions are provided. San Diego, United States, United States 2000
Wave Wave Web-based accounting software is offered for business use. Toronto, Canada, Canada 2010
freee freee Cloud-based accounting and ERP software is offered for businesses. Tokyo, Japan, Japan 2012
MYOB MYOB Cloud-based accounting and ERP software is provided for businesses. Cremorne, Australia, Australia 1991

Business Activity of Asset Vantage Systems Private Limited

Asset Vantage Systems 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 *********

Board of Directors of Asset Vantage Systems Private Limited

Asset Vantage Systems Private Limited is currently managed by 7 directors, with 10 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
Chirag Niranjan Nanavati Managing Director 30 May 2013 13 Years 1 Months Current
Anil Balkrishna Wani Director 20 Nov 2020 5 Years 7 Months Current
Rahul Jaggia Director 04 Dec 2024 1 Years 7 Months Current
Sunil Kishore Dalal Director 11 Oct 2007 18 Years 9 Months Current
Mamta Sunil Dalal Director 11 Oct 2007 18 Years 9 Months Current
Sachin Rangrao Deshmukh Director 25 Nov 2024 1 Years 7 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Asset Vantage Systems Private Limited FY 2025 filings available

Asset Vantage Systems Private Limited reported revenue of ₹21.34 Cr (up 14% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹21.34 Cr ▲ 14%
Profit
***** ▲ 68%
EBITDA
***** ▲ 352%
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
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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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+/- 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

Charges & Borrowings Asset Vantage Systems Private Limited

Asset Vantage Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Asset Vantage Systems Private Limited

View historical data on people associated with Asset Vantage Systems Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Asset Vantage Systems Private Limited

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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 Asset Vantage Systems Private Limited

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

GSTIN & GST Filing Data of Asset Vantage Systems Private Limited

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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 Asset Vantage Systems 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 Asset Vantage Systems Private Limited

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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 Asset Vantage Systems Private Limited

MSME Payment Delays by Asset Vantage Systems 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 Asset Vantage Systems Private Limited

Subsidiaries & Group Companies of Asset Vantage Systems Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Asset Vantage Systems 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 Asset Vantage Systems Private Limited

MCA Filings & Documents of Asset Vantage Systems 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 Asset Vantage Systems Private Limited

Activity
30 Sep 2025
Asset Vantage Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Directors
25 Jun 2025
Shaan Sunil Dalal was appointed as a Director on 25 Jun 2025 & has been associated with this company since 1 year 16 days.
Activity
31 Mar 2025
Asset Vantage Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
04 Dec 2024
Rahul Jaggia was appointed as a Director on 04 Dec 2024 & has been associated with this company since 1 year 7 months.
Directors
25 Nov 2024
Sachin Rangrao Deshmukh was appointed as a Director on 25 Nov 2024 & has been associated with this company since 1 year 7 months.
Directors
20 Nov 2020
Anil Balkrishna Wani was appointed as a Director on 20 Nov 2020 & has been associated with this company since 5 years 7 months.

Frequently Asked Questions about Asset Vantage Systems Private Limited

Asset Vantage Systems Private Limited is an active private limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 11 October 2007 (19+ years old) and is registered under CIN U74900MH2007PTC174924. The company has 76 employees.

Asset Vantage Systems Private Limited reported revenue of ₹21.34 Cr for FY 2025 (up 14.00% YoY).

The primary industry of Asset Vantage Systems Private Limited is information technology. The company specifically operates in software development and support services. The company is currently active in this sector.

Asset Vantage Systems Private Limited can be reached at the registered office: 86 Jolly Makers Chembers No. 2 8 Th Floor Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website assetvantage.com.

The authorised capital is ₹3.39 Cr, and the paid-up capital is ₹3.28 Cr.

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