About Aster Minds Enterprise Solutions Private Limited
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Aster Minds Enterprise Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2008PTC057797. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sivarama Krishna Gutta (Managing Director) and Prasad Gutta.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No.563 Sree Krishnadevaraya Nagar Vanasthalipuram, Hyderabad, Telangana, India – 500070.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.98 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr (net margin -35.2%) and EBITDA of -₹65.82 Lakh (EBITDA margin -22.1%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asterminds.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.563 Sree Krishnadevaraya Nagar Vanasthalipuram, Hyderabad, Telangana, India – 500070
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Aster Minds Enterprise Solutions Private Limited
The main business activity of Aster Minds Enterprise Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aster Minds Enterprise Solutions Private Limited FY 2021 filings available
Aster Minds Enterprise Solutions Private Limited reported revenue of ₹2.98 Cr (down 68% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Aster Minds Enterprise Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 68% fall in the latest year. EBITDA fell 146% 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 of Aster Minds Enterprise Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.98 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹65.82 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.05 Cr | •••• | •••• | •••• |
| 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 of Aster Minds Enterprise Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -22.1% | •••• | •••• | •••• |
| Net Profit Margin | -35.2% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aster Minds Enterprise Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Application Development, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rainbow HR Consulting Services Private Limited | ₹2.98 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Navi Mumbai, Maharashtra, India |
| Gauri Industrial Labour Supplier Private Limited | ₹2.98 Cr (FY 2023) | •••• | •••• | 34.0% | •••• | Aurangabad, Maharashtra, India |
| Softbiz Solutions Private Limited | ₹2.98 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Gurgaon, Haryana, India |
| Wingrow Tech Services India Private Limited | ₹2.98 Cr (FY 2024) | •••• | •••• | 656.0% | •••• | Chennai, Tamil Nadu, India |
| Omnibridge Technologies Private Limited | ₹2.98 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Pune, Maharashtra, India |
| Aster Minds Enterprise Solutions Private Limited this company | ₹2.98 Cr (FY 2018) | •••• | •••• | -68.0% | •••• | Hyderabad, Telangana, India |
| Darkbull Management & Solutions Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Ahmedabad, Gujarat, India |
| Mecadez Core Technologies Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Constantia Corporate Shared Services Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Univision Systems and Solutions Private Limited | ₹2.97 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Bengaluru, Karnataka, India |
| Smartrent Technologies India Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | 193.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Aster Minds Enterprise Solutions by revenue in the Outsourcing industry (Application Development, HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions Private Limited is audited by NARASIMHAM V V V L & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARASIMHAM V V V L & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Gutta | Director | 10 May 2008 | 18 Years 5 Months | Current |
| Sivarama Krishna Gutta | Managing Director | 25 Feb 2008 | 18 Years 7 Months | Current |
Ownership and Shareholding of Aster Minds Enterprise Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aster Minds Enterprise Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2017 | Others | ₹7 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions Private Limited has a workforce of 1 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions has one previous CIN (Corporate Identification Number): U72200AP2008PTC057797. The current CIN is U72200TG2008PTC057797, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2008PTC057797 | Current |
| U72200AP2008PTC057797 | Previous |
Recent Activity on Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Ravi Epuri ceased to be Director on 10 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Aster Minds Enterprise Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aster Minds Enterprise Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aster Minds Enterprise Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aster Minds Enterprise Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aster Minds Enterprise Solutions Private Limited
Aster Minds Enterprise Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 February 2008 (18+ years old) and is registered under CIN U72200TG2008PTC057797.
Aster Minds Enterprise Solutions reported revenue of ₹2.98 Cr for FY 2018 (down 68% YoY).
Aster Minds Enterprise Solutions has 2 current directors:
- Sivarama Krishna Gutta - Managing Director
- Prasad Gutta - Director
Aster Minds Enterprise Solutions reported a net loss of ₹1.05 Cr (net margin -35.2%) and EBITDA of -₹65.82 Lakh (EBITDA margin -22.1%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aster Minds Enterprise Solutions is -43% over three years. In the latest year (FY 2018) revenue fell 68%. CAGR is the steady yearly rate that links the first and the last year.
No. Aster Minds Enterprise Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Aster Minds Enterprise Solutions is U72200TG2008PTC057797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aster Minds Enterprise Solutions was incorporated on 25 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Aster Minds Enterprise Solutions by revenue are Rainbow HR Consulting Services Private Limited, Gauri Industrial Labour Supplier Private Limited, Softbiz Solutions Private Limited, Wingrow Tech Services India Private Limited, Omnibridge Technologies Private Limited and 5 more, all in the Outsourcing industry (Application Development, HR Outsourcing).
Ravi Epuri ceased to be Director on 10 Nov 2017. Sivarama Krishna Gutta ceased to be Director on 08 Aug 2011. Kadiyala Chandra Shekar ceased to be Director on 15 May 2008. Aster Minds Enterprise Solutions has 5 board changes on record in total.
Aster Minds Enterprise Solutions can be reached through the website asterminds.com. Its registered office is in Hyderabad, Telangana, India.