About Asset Vantage Systems Private Limited
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Asset Vantage Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Asset Vantage Pte Ltd. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 11 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2007PTC174924. Its GSTIN is 27AALCS2597J1ZO (Maharashtra).
The company has an authorised share capital of ₹3.39 Cr and a paid-up capital of ₹3.28 Cr. It was formerly known as Shasa Systems Private Limited. It is led by directors including Chirag Niranjan Nanavati (Managing Director) and Mamta Sunil Dalal.
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 86 Jolly Makers Chembers No. 2 8th 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. For the same year it recorded a net loss of ₹48.12 Lakh (net margin -2.3%) and EBITDA of ₹1.52 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 23% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Finnav and 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.
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- Website
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- Registered Address86 Jolly Makers Chembers No. 2 8th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Asset Vantage Systems Private Limited
The main business activity of Asset Vantage Systems is information and communication. In detail, this covers 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Asset Vantage Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 14% growth in the latest year. EBITDA rose 352% 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 of Asset Vantage Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹48.12 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Asset Vantage Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asset Vantage Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Asset Vantage Systems Private Limited
Asset Vantage Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Acesoft Labs (India) Private Limited | ₹21.5 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Karnataka, India |
| Avighna Meditech Solutions Private Limited | ₹21.46 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Jaipur, Rajasthan, India |
| Vensure HCM Private Limited | ₹21.37 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Thiruvananthapuram, Kerala, India |
| Indee Software Private Limited | ₹21.36 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Guhilot Enterprise Private Limited | ₹21.36 Cr (FY 2024) | •••• | •••• | 129.0% | •••• | Ahmedabad, Gujarat, India |
| Asset Vantage Systems Private Limited this company | ₹21.34 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Rite Software India Private Limited | ₹21.25 Cr (FY 2025) | •••• | •••• | 8876.0% | •••• | Hyderabad, Telangana, India |
| Archlynk India Private Limited | ₹21.18 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Nimbus Systems Private Limited | ₹21.04 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
| Qualitia Software Private Limited | ₹20.95 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Pune, Maharashtra, India |
| Geminus Tech Private Limited | ₹20.94 Cr (FY 2025) | •••• | •••• | 129.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Asset Vantage Systems by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asset Vantage Systems Private Limited
Asset Vantage Systems Private Limited is audited by Kirtane & Pandit LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kirtane & Pandit LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asset Vantage Systems Private Limited
Asset Vantage Systems has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Ownership and Shareholding of Asset Vantage Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asset Vantage Systems Private Limited
Asset Vantage Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Asset Vantage Systems Private Limited
Asset Vantage Systems Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 151 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vakil and Sons Private Limited | •••• | •••• | •••• |
| Integrity Verification Services Private Limited | •••• | •••• | •••• |
| GNR Solution Private Limited | •••• | •••• | •••• |
| Paysquare Consultancy Limited | •••• | •••• | •••• |
| Ruby Growth Advisory Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 15 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Asset Vantage Systems Private Limited
Asset Vantage Systems operates two associated brands: Finnav and Asset Vantage. Each brand links to its own profile.
| 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 |
Employees and EPFO Compliance at Asset Vantage Systems Private Limited
Asset Vantage Systems Private Limited has a workforce of 76 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Asset Vantage Systems Private Limited
Asset Vantage Systems 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 |
News related to Asset Vantage Systems Private Limited
Recent Activity on Asset Vantage Systems Private Limited
Asset Vantage Systems Private Limited has 15 board changes on record since 2007: 11 appointments and 4 cessations. The latest: Shaan Sunil Dalal was appointed as Director on 25 Jun 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asset Vantage Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asset Vantage Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asset Vantage Systems Private Limited
Asset Vantage Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS2597J1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asset Vantage Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asset Vantage Systems Private Limited
Asset Vantage Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 11 October 2007 (19+ years old) and is registered under CIN U74900MH2007PTC174924.
Asset Vantage Systems reported revenue of ₹21.34 Cr for FY 2025 (up 14% YoY).
Asset Vantage Systems has 7 current directors:
- Chirag Niranjan Nanavati - Managing Director
- Mamta Sunil Dalal - Director
- Sunil Kishore Dalal - Director
- Anil Balkrishna Wani - Director
- Shaan Sunil Dalal - Director
- Sachin Rangrao Deshmukh - Director
- Rahul Jaggia - Director
Asset Vantage Systems reported a net loss of ₹48.12 Lakh (net margin -2.3%) and EBITDA of ₹1.52 Cr (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asset Vantage Systems is 22% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asset Vantage Systems is 27AALCS2597J1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asset Vantage Systems is U74900MH2007PTC174924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asset Vantage Systems was incorporated on 11 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asset Vantage Systems by revenue are Acesoft Labs (India) Private Limited, Avighna Meditech Solutions Private Limited, Vensure HCM Private Limited, Indee Software Private Limited, Guhilot Enterprise Private Limited and 5 more, all in the Information Technology industry (Software Services).
Shaan Sunil Dalal was appointed as Director on 25 Jun 2025. Rahul Jaggia was appointed as Director on 04 Dec 2024. Sachin Rangrao Deshmukh was appointed as Director on 25 Nov 2024. Asset Vantage Systems has 15 board changes on record in total.
Asset Vantage Systems has 15 MSME Form 1 returns on record between 2019 and 2024, listing 151 overdue payments to 20 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Asset Vantage Systems can be reached through the website assetvantage.com. Its registered office is in Mumbai, Maharashtra, India.