- Total income
- ₹357 Cr
- Profit
- ₹-5 Cr

About Asta India Private Limited
Data last updated:
Asta India Private Limited is a private limited company based in Savli, Gujarat, India, a subsidiary of Asta Energy Transmission Components Gmbh. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 February 2005 and has been in existence for over 21 years.
Asta India is ranked #459 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2005PTC074962. Its GSTIN is 24AAFCA1141A1ZN (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹87.38 Cr. It is led by directors including Manish Madaan (Managing Director) and Daniela Klauser.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.725 GIDC Manjusar Taluka Savli, Gujarat, India – 391775.
As per the financials filed for FY 2025, the company reported a revenue of ₹421.44 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹9.87 Cr (net margin 2.3%) and EBITDA of ₹29.03 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹120 Cr and satisfied charges of ₹116 Cr on record. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹87.33 Cr; the latest was in June 2020. Its 7 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 3 smaller; the largest is Australian Premium Solar (India) Limited with revenue of ₹441.14 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 78 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asta.in.
Company details
CIN history
Asta India has one previous CIN (Corporate Identification Number): U27100MH2005PTC151488. The current CIN is U27100GJ2005PTC074962, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ2005PTC074962 | Current |
| U27100MH2005PTC151488 | Previous |
Recognitions & Rankings of Asta India
Contact details
Asta India Private Limited's registered office is in Savli, Gujarat. Its website is asta.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.725 GIDC Manjusar Taluka Savli, Gujarat, India – 391775
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Asta India 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 Asta India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Asta India Private Limited, buy the company report.
Financials of Asta India Private Limited
FY 2025 filings availableAsta India Private Limited reported revenue of ₹421.44 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 14% growth in the latest year. EBITDA rose 110% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹29.03 Cr | ||||
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| Net Profit (PAT) | ₹9.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Asta India Private Limited, buy the company report.
Board of directors of Asta India Private Limited
Asta India has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Madaan | Managing Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Daniela Klauser | Director | 27 Feb 2024 | 2 Years 8 Months | Current |
| Karl Schaecke | Director | 31 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Asta India Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Australian Premium Solar (India) Limited | ₹441.14 Cr (FY 2025) | 193.0% | Sabarkantha, Gujarat, India | |||
| East India Udyog Ltd | ₹439.96 Cr (FY 2025) | 15.0% | Noida, Uttar Pradesh, India | |||
| Perfect House Private Limited | ₹439.73 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Bentec India Limited | ₹429.14 Cr (FY 2024) | 46.0% | Kolkata, West Bengal, India | |||
| Asta India Private Limitedthis company | ₹421.44 Cr (FY 2025) | ₹9.87 Cr | 2.3% | 14.0% | Savli, Gujarat, India | |
| Modern Transformers Private Limited | ₹416.94 Cr (FY 2025) | 50.0% | Delhi, India | |||
| Hammond Power Solutions Private Limited | ₹416.1 Cr (FY 2024) | 28.0% | Sangareddy, Telangana, India | |||
| Toshiba JSW Power Systems Private Limited | ₹413.74 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Asta India Private Limited, buy the company report.
Auditor
Asta India Private Limited is audited by M A N J & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A N J & Associates | FY 2023 | 131542W |
Shareholding
The shareholding of Asta India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Asta India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2019 | 100267721 | The Hongkong and Shanghai Banking Corporation Limited | ₹120 Cr | Open | |
| 20 Apr 2017 | 100101185 | Hdfc Bank Limited | ₹35 Cr | Satisfied | |
| 19 Dec 2016 | 100067244 | Hdfc Bank Limited | ₹45 Cr | Satisfied | |
| 15 Dec 2016 | 100067247 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 21 Mar 2009 | 10151937 | Bank of Baroda | ₹21 Cr | Satisfied |
To see the full charge records of Asta India Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Asta India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹87.33 Cr; the latest was in June 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: Asta Industries Gmbh, Asta Energy Transmission Components Gmbh Seller: Asta International Pte ltd, Asta Singapore Pte Limited |
| Mar 2013 | Funding round | ₹32.17 Cr | Investors: Asta Singapore Pte Limited |
| Nov 2008 | Funding round | ₹36.66 Cr | Investors: Asta Singapore Pte Limited |
| Jul 2008 | Secondary share transfer | Undisclosed | Buyer: Asta Singapore Pte Limited, Asta International Pte ltd Seller: 2 individuals |
| Oct 2007 | Funding round | ₹18.5 Cr | Investors: Asta Singapore Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Asta India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Asta India Private Limited was last rated by Crisil on 29 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Jul 2019 |
To see the full credit ratings and regulatory alerts of Asta India Private Limited, buy the company report.
MSME payment delays
Asta India Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 78 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ganesh Stationery Mart | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Truevalue Marketing Services Private Limited |
To see the full MSME payment records of Asta India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Asta India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA1141A1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asta India Private Limited, buy the company report.
Recent activity
Asta India Private Limited has 22 board changes on record since 2010: 3 appointments and 19 cessations. The latest: Daniela Klauser ceased to be Additional Director on 29 Sep 2024.
26 earlier events are in the company report.
Frequently asked questions
Asta India is an active private limited company based in Savli, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 February 2005 (21+ years old) and is registered under CIN U27100GJ2005PTC074962.
Asta India has 3 current directors:
- Manish Madaan - Managing Director
- Daniela Klauser - Director
- Karl Schaecke - Director
The latest financial statements of Asta India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asta India is 24AAFCA1141A1ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Asta India is U27100GJ2005PTC074962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asta India was incorporated on 22 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Asta India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹87.33 Cr; the latest was in June 2020.
The peers of Asta India by revenue are Australian Premium Solar (India) Limited, East India Udyog Ltd, Perfect House Private Limited, Bentec India Limited, Modern Transformers Private Limited and 2 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Daniela Klauser ceased to be Additional Director on 29 Sep 2024. Daniela Klauser was appointed as Director on 27 Feb 2024. Karl Schaecke ceased to be Additional Director on 30 Sep 2022. Asta India has 22 board changes on record in total.
Asta India has 6 MSME Form 1 returns on record between 2019 and 2023, listing 78 overdue payments to 15 micro and small suppliers. The latest return was filed on 16 Nov 2023.
Asta India can be reached through the website asta.in. Its registered office is in Savli, Gujarat, India.
The registered office of Asta India is at Plot No.725 GIDC Manjusar Taluka Savli, Gujarat, India – 391775.

