MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0030274
Aster Medispro Private Limited - healthcare in Jigani, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.04 Cr
▲ 44% YoY
Net profit · FY 2024
₹42.41 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹2.42 Cr
EBITDA margin 15.1%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹33 Lakh
Issued & subscribed
Open charges
₹6 Cr
Satisfied ₹5.99 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
76
Provident fund records
About Aster Medispro Private Limited
Data last updated:
Aster Medispro Private Limited is a private limited company based in Jigani, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 20 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24239KA2001PTC029556. Its GSTIN is 29AADCA3163A1Z5 (Karnataka).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Manikandan Thachat (Managing Director) and Manikandan Shakeela.
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 Jigani, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.04 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹42.41 Lakh (net margin 2.6%) and EBITDA of ₹2.42 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 15% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aster Medispro. As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹5.99 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Aster Medispro Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0030274). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astermedispro.net.
Company details
CIN U24239KA2001PTC029556
Registration Number 029556
Incorporation Date 20 September 2001
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 MSME
Udyam Registration UDYAM-KR-03-0030274
Recognitions & Rankings of Aster Medispro
Contact details
Aster Medispro Private Limited's registered office is in Jigani, Karnataka. Its website is astermedispro.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. P. 181 10th Main 1st Stage (Kssidc) Dr. B.R. Ambedkar Industrial Estate Ji, Gani Indus, Jigani, Karnataka, India – 562106
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Aster Medispro Private Limited, buy the company report.
Comprehensive company report
Aster Medispro 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
Brands
Aster Medispro operates one associated brand: ASTER MEDISPRO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures life-saving medical devices for urology, radiology, and healthcare needs. | astermedispro.net |
Business activity
The main business activity of Aster Medispro is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Aster Medispro Private Limited, buy the company report.
Financials of Aster Medispro Private Limited
FY 2024 filings availableAster Medispro Private Limited reported revenue of ₹16.04 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹16.04 Cr ▲ 44%
Net profit · FY 2024
₹42.41 Lakh margin 2.6%
EBITDA · FY 2024
₹2.42 Cr margin 15.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 41%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 50%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 44% growth in the latest year. EBITDA rose 22% 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 | ₹2.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.41 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 | 15.1% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Medispro Private Limited, buy the company report.
Board of directors of Aster Medispro Private Limited
Aster Medispro has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manikandan Shakeela Also directs: Mahima Charitable Foundation | Director | 19 Mar 2021 | 5 Years 7 Months | Current |
| Manikandan Thachat Also directs: Mahima Charitable Foundation | Managing Director | 20 Sep 2001 | 25 Years 1 Months | Current |
Auditor
Aster Medispro Private Limited is audited by Jabagodu S P & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jabagodu S P & Co | FY 2023 | 028263 |
Shareholding
The shareholding of Aster Medispro 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 Aster Medispro Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6 Cr
Satisfied charges
₹5.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2024 | 100970770 | Others | ₹6 Cr | Open | |
| 24 Jun 2020 | 100357191 | Others | ₹30.28 Lakh | Satisfied | |
| 16 Nov 2018 | 100220341 | Others | ₹3.6 Cr | Satisfied | |
| 28 Oct 2002 | 90194427 | Bank of India | ₹2.08 Cr | Satisfied |
To see the full charge records of Aster Medispro Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Aster Medispro Private Limited has 5 court cases on record: 2 filed by Aster Medispro, 3 filed against it. All cases are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Aramex India Pvt Ltd. | Disposed |
| High Court, KARNATAKA | Court case (MFA) | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by M/S Pradeep Surgipack | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Aster Medispro 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 Aster Medispro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aster Medispro Private Limited has a workforce of 76 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
76
Active EPFO establishments
1
Employee growth
10.14%
GST
Aster Medispro has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA3163A1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aster Medispro Private Limited, buy the company report.
Recent activity
Aster Medispro Private Limited has 8 board changes on record since 2001: 2 appointments and 6 cessations. The latest: Nataraj Madhugiri ceased to be Director on 22 Dec 2023.
AGM
Aster Medispro Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 31 Jul 2024 with Charge ID 100970770 was modified on 30 Aug 2024.
Charges
A charge registered on 24 Jun 2020 via Charge ID 100357191 with Others was fully satisfied on 14 Aug 2024.
Charges
A charge registered on 16 Nov 2018 via Charge ID 100220341 with Others was fully satisfied on 14 Aug 2024.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100970770 was registered on 31 Jul 2024.
Filing
Aster Medispro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Nataraj Madhugiri ceased to be Director.
Ceased
Ravishankar Vishwanatha Gupta Madhugiri ceased to be Director.
Ceased
Manikandan Thachat ceased to be Director.
Charges
A charge with Others of Rs. 360.00 Lakh registered on 16 Nov 2018 with Charge ID 100220341 was modified on 11 Jan 2022.
Ceased
Manikandan Shakeela ceased to be Additional Director.
Appointed
Manikandan Shakeela was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Aster Medispro is an active private limited company based in Jigani, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 20 September 2001 (25+ years old) and is registered under CIN U24239KA2001PTC029556.
Aster Medispro has 2 current directors:
- Manikandan Thachat - Managing Director
- Manikandan Shakeela - Director
The latest financial statements of Aster Medispro 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 2015 are in the company report.
The GSTIN of Aster Medispro is 29AADCA3163A1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Aster Medispro is U24239KA2001PTC029556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aster Medispro has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Aster Medispro was incorporated on 20 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Nataraj Madhugiri ceased to be Director on 22 Dec 2023. Ravishankar Vishwanatha Gupta Madhugiri ceased to be Director on 22 Dec 2023. Manikandan Thachat ceased to be Director on 21 Dec 2023. Aster Medispro has 8 board changes on record in total.
Yes, Aster Medispro is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0030274).
Aster Medispro can be reached through the website astermedispro.net. Its registered office is in Jigani, Karnataka, India.