- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-26-0191556

About Assiduous Industries Private Limited
Data last updated:
Assiduous Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 31 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC181065. Its GSTIN is 27AARCA7359Q1ZK (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Rajesh Maruti Salunke and Swapna Rajesh Salunkhe.
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 B – 201 Buena Vida S.No. 57/11 Kharadi, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.39 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹53.74 Lakh (net margin 7.3%) and EBITDA of ₹1.12 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.27 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 4 cases are pending.
Assiduous Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0191556). For more details, the company can be reached via its website aiplind.net.
Company details
Recognitions & Rankings of Assiduous Industries
Contact details
Assiduous Industries Private Limited's registered office is in Pune, Maharashtra. Its website is aiplind.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 201 Buena Vida S.No. 57/11 Kharadi, Pune, Maharashtra, India – 411014
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Assiduous 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
Business activity
The main business activity of Assiduous Industries is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Assiduous Industries Private Limited, buy the company report.
Financials of Assiduous Industries Private Limited
FY 2025 filings availableAssiduous Industries Private Limited reported revenue of ₹7.39 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over three years, including 3% growth in the latest year. EBITDA rose 184% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.74 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Assiduous Industries Private Limited, buy the company report.
Board of directors of Assiduous Industries Private Limited
Assiduous Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Maruti Salunke | Director | 31 Dec 2018 | 7 Years 10 Months | Current |
| Swapna Rajesh Salunkhe | Director | 31 Dec 2018 | 7 Years 10 Months | Current |
| Nikita Yogesh Desai Also directs: Perennial Intellect Private Limited | Director | 08 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Assiduous Industries Private Limited is audited by CGAS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGAS & CO. | FY 2023 | 130903W |
Shareholding
The shareholding of Assiduous Industries Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Assiduous Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2020 | 100336524 | Canara Bank | ₹5.27 Cr | Open |
To see the full charge records of Assiduous Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Assiduous Industries Private Limited has 7 court cases on record: 7 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Perennial Energy Pvt Ltd Through Its Authrized Representative Shankar B Dange Etc | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Palgotta Metal Pvt. Ltd. Through Jugraj Rajmalji Jain | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed against the company by M/S Palgotta Metal Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Machine Tools and Bearing Corporation Partner Rajendra Mehta | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by M/S SKM Inox Vide Resolution Authorised Samir Girishbhai Joshi | Pending |
To see the full case history of Assiduous 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Assiduous Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Assiduous Industries Private Limited has a workforce of 8 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Assiduous Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA7359Q1ZK | Maharashtra | Active | 13 Feb 2019 |
To see the full GST registrations and return filing status of Assiduous Industries Private Limited, buy the company report.
Recent activity
Assiduous Industries Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Maruti Sarjerav Salunkhe ceased to be Director on 27 Dec 2023.
Frequently asked questions
Assiduous Industries is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 31 December 2018 (8+ years old) and is registered under CIN U74999PN2018PTC181065.
Assiduous Industries has 3 current directors:
- Rajesh Maruti Salunke - Director
- Swapna Rajesh Salunkhe - Director
- Nikita Yogesh Desai - Director
The latest financial statements of Assiduous Industries 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 Assiduous Industries is 27AARCA7359Q1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Assiduous Industries is U74999PN2018PTC181065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assiduous Industries has 7 court cases on record: 7 filed against it. 4 are pending.
Assiduous Industries was incorporated on 31 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Maruti Sarjerav Salunkhe ceased to be Director on 27 Dec 2023. Nikita Yogesh Desai ceased to be Additional Director on 30 Nov 2021. Nikita Yogesh Desai was appointed as Director on 08 Feb 2021. Assiduous Industries has 5 board changes on record in total.
Yes, Assiduous Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0191556).
Assiduous Industries can be reached through the website aiplind.net. Its registered office is in Pune, Maharashtra, India.

