MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0078333
Aster Global Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.41 Cr
▲ 198% YoY
Net profit · FY 2024
₹17.31 Lakh
Net margin 3.9%
EBITDA · FY 2024
₹24.7 Lakh
EBITDA margin 5.6%
Authorised capital
₹9 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Aster Global Solutions Private Limited
Data last updated:
Aster Global Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC096513. Its GSTIN is 29AAOCA7920L1Z2 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prajnika Bhan and Mangalagowri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.31 Lakh (net margin 3.9%) and EBITDA of ₹24.7 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years and 53% over five years.
Aster Global Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0078333). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astertech.in.
Company details
CIN U72200KA2016PTC096513
Registration Number 096513
Incorporation Date 16 September 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0078333
Key People
Prajnika Bhan Director Mangalagowri Director Recognitions & Rankings of Aster Global Solutions
Contact details
Aster Global Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is astertech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 690C 2nd Floor, 15th Main 100Ft Ring Road J P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Aster Global Solutions Private Limited, buy the company report.
Comprehensive company report
Aster Global Solutions 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 Aster Global Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Aster Global Solutions Private Limited, buy the company report.
Financials of Aster Global Solutions Private Limited
FY 2024 filings availableAster Global Solutions Private Limited reported revenue of ₹4.41 Cr (up 198% YoY) for FY 2024.
Revenue · FY 2024
₹4.41 Cr ▲ 198%
Net profit · FY 2024
₹17.31 Lakh margin 3.9%
EBITDA · FY 2024
₹24.7 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 194%
5 years · compounded
▲ 53%
EBITDA CAGR growth
3 years · compounded
▲ 108%
5 years · compounded
▲ 91%
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 198% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹24.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.31 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 Aster Global Solutions Private Limited, buy the company report.
Board of directors of Aster Global Solutions Private Limited
Aster Global Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prajnika Bhan | Director | 16 Sep 2016 | 10 Years 1 Months | Current |
| Mangalagowri | Director | 16 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Aster Global Solutions Private Limited is audited by BELUR AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BELUR AND CO | FY 2023 | 226965 |
Shareholding
The shareholding of Aster Global Solutions 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aster Global Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aster Global Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aster Global Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aster Global Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA7920L1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aster Global Solutions Private Limited, buy the company report.
Recent activity
Aster Global Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Mangalagowri was appointed as Director on 16 Sep 2016.
AGM
Aster Global Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aster Global Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mangalagowri was appointed as Director.
Appointed
Prajnika Bhan was appointed as Director.
Incorporation
16 Sep 2016
Aster Global Solutions Private Limited was registered on 16 Sep 2016 with Roc Bangalore & aged 10 years 1 month as per MCA records.
Frequently asked questions
Aster Global Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 September 2016 (10+ years old) and is registered under CIN U72200KA2016PTC096513.
Aster Global Solutions has 2 current directors:
- Prajnika Bhan - Director
- Mangalagowri - Director
The latest financial statements of Aster Global Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Aster Global Solutions is 29AAOCA7920L1Z2, registered in Karnataka. 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 Aster Global Solutions is U72200KA2016PTC096513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aster Global Solutions was incorporated on 16 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Mangalagowri was appointed as Director on 16 Sep 2016. Prajnika Bhan was appointed as Director on 16 Sep 2016.
Yes, Aster Global Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0078333).
Aster Global Solutions can be reached through the website astertech.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aster Global Solutions is at No 690C 2nd Floor, 15th Main 100Ft Ring Road J P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.