MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TN-08-0009073
Assyst Management Services Private Limited
Assyst Management Services Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹38.65 Lakh
▼ 97% YoY
Net loss · FY 2020
₹2.26 Lakh
Net margin -5.8%
EBITDA · FY 2020
₹20.03 Lakh
EBITDA margin 51.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹1.44 Cr
Satisfied ₹2 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
3
Provident fund records
About Assyst Management Services Private Limited
Data last updated:
Assyst Management Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business process outsourcing sector. It was incorporated on 19 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2011PTC078877. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Karpagam Dasarathan and Ramaswamy Dasarathan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.42 Second Floor M G Nagar 3rd Street Poonamallee, Chennai, Tamil Nadu, India – 600056.
As per the financials filed for FY 2020, the company reported a revenue of ₹38.65 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Lakh (net margin -5.8%) and EBITDA of ₹20.03 Lakh (EBITDA margin 51.8%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 44% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.44 Cr and satisfied charges of ₹2 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Assyst Management Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0009073). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74900TN2011PTC078877
Registration Number 078877
Incorporation Date 19 January 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0009073
Recognitions & Rankings of Assyst Management Services
Contact details
Assyst Management Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.42 Second Floor M G Nagar 3rd Street Poonamallee, Chennai, Tamil Nadu, India – 600056
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Assyst Management Services Private Limited, buy the company report.
Comprehensive company report
Assyst Management 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Assyst Management Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Assyst Management Services Private Limited, buy the company report.
Financials of Assyst Management Services Private Limited
FY 2020 filings availableAssyst Management Services Private Limited reported revenue of ₹38.65 Lakh (down 97% YoY) for FY 2020.
Revenue · FY 2020
₹38.65 Lakh ▼ 97%
Net loss · FY 2020
₹2.26 Lakh margin -5.8%
EBITDA · FY 2020
₹20.03 Lakh margin 51.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 63%
5 years · compounded
▼ 44%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 29%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 97% fall in the latest year. EBITDA fell 43% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.65 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.26 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.8% | ||||
| Net Profit Margin | -5.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Assyst Management Services Private Limited, buy the company report.
Board of directors of Assyst Management Services Private Limited
Assyst Management 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 |
|---|---|---|---|---|
| Karpagam Dasarathan | Director | 19 Jan 2011 | 15 Years 9 Months | Current |
| Ramaswamy Dasarathan | Director | 19 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Assyst Management Services Private Limited is audited by R I T S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R I T S & ASSOCIATES | FY 2020 | 010699S |
Shareholding
The shareholding of Assyst Management Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Assyst Management Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.44 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2014 | 10478572 | The South Indian Bank Limited | ₹1.44 Cr | Open | |
| 18 Dec 2017 | 100154055 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Assyst Management Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Assyst Management Services Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Execution petition | Filed against the company by M/S.Shriram City Union Finance Ltd.,Rep. by Its Authorised Signatory P.Shivakumar | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Ltd | Pending |
| District court, Tiruvallur, Tamil Nadu | Execution petition | Filed against the company by M/S.Shriram City Union Finance Ltd.,Rep. by Its Authorised Signatory P.Shivakumar | Disposed |
To see the full case history of Assyst Management Services 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 Assyst Management Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Assyst Management Services Private Limited has a workforce of 3 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-99.5%
GST
Assyst Management Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Assyst Management Services Private Limited, buy the company report.
Recent activity
Assyst Management Services Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Anitha Creator ceased to be Director on 26 Mar 2019.
AGM
Assyst Management Services Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with The South Indian Bank Limited of Rs. 144.00 Lakh registered on 22 Jan 2014 with Charge ID 10478572 was modified on 17 Jun 2020.
Filing
Assyst Management Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Ceased
Anitha Creator ceased to be Director.
Charges
A charge registered on 18 Dec 2017 via Charge ID 100154055 with Others was fully satisfied on 18 Mar 2019.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100154055 was registered on 18 Dec 2017.
Ceased
Ramakumar Kothandaram ceased to be Director.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 144.00 Lakh with Charge ID 10478572 was registered on 22 Jan 2014.
Appointed
Karpagam Dasarathan was appointed as Director.
Appointed
Ramaswamy Dasarathan was appointed as Director.
Incorporation
19 Jan 2011
Assyst Management Services Private Limited was registered on 19 Jan 2011 with Roc Chennai & aged 15 years 9 months as per MCA records.
Frequently asked questions
Assyst Management Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 19 January 2011 (15+ years old) and is registered under CIN U74900TN2011PTC078877.
Assyst Management Services has 2 current directors:
- Karpagam Dasarathan - Director
- Ramaswamy Dasarathan - Director
The latest financial statements of Assyst Management Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Assyst Management Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Assyst Management Services is U74900TN2011PTC078877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assyst Management Services has 3 court cases on record: 3 filed against it. 2 are pending.
Assyst Management Services was incorporated on 19 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Anitha Creator ceased to be Director on 26 Mar 2019. Ramakumar Kothandaram ceased to be Director on 06 Aug 2017. Karpagam Dasarathan was appointed as Director on 19 Jan 2011. Assyst Management Services has 4 board changes on record in total.
Yes, Assyst Management Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0009073).
The registered office of Assyst Management Services is at No.42 Second Floor M G Nagar 3rd Street Poonamallee, Chennai, Tamil Nadu, India – 600056.