About Aster Private Limited
Data last updated:
Aster Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 22 May 1998.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U32204TG1998PTC029457. Its GSTIN is 36AACCA5469L1ZB (Telangana). The company holds 40 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹236 Cr and a paid-up capital of ₹168.65 Cr. It was formerly known as Aster Tele Services Private Limited. It is led by directors Srinivasa Prasad Alapati (Whole-Time Director) and Mandha Bal Reddy.
Its last annual general meeting (AGM) was held on 31 March 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No.141/1 Phase – II Ida Chrelapally, Hyderabad, Telangana, India – 500051.
As per the financials filed for FY 2020, the company reported a revenue of ₹78.61 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹326.36 Cr (net margin -415.2%) and EBITDA of -₹103.02 Cr (EBITDA margin -131.1%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 39% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aster India. As per MCA filings, the company has open charges of ₹3,572.85 Cr and satisfied charges of ₹801.99 Cr on record. Court records list 176 cases involving the company, including 45 filed by the company and 87 filed against it; 28 cases are pending. The company has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹141.84 Cr; the latest was in April 2015.
The last known website on record is asterco.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.141/1 Phase – II Ida Chrelapally, Hyderabad, Telangana, India – 500051
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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 Private Limited
The main business activities of Aster are manufacturing and construction. In detail, this covers metal and metal products and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction 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 Private Limited FY 2020 filings available
Aster Private Limited reported revenue of ₹78.61 Cr (down 24% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Aster Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 24% fall in the latest year. EBITDA rose 50% 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 Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹103.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹326.36 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 Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -131.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -415.2% | •••• | •••• | •••• | •••• |
| 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 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.
Auditor Details of Aster Private Limited
Aster Private Limited is audited by Rao & Rao, Chartered Accountants for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rao & Rao, Chartered Accountants | 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 Private Limited
Aster has 2 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Prasad Alapati | Whole-Time Director | 19 Mar 2005 | 21 Years 6 Months | As last reported |
| Mandha Bal Reddy | Director | 05 Dec 2018 | 7 Years 10 Months | As last reported |
Ownership and Shareholding of Aster 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 Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2016 | Idbi Trusteeship Services Limited | ₹53.71 Cr | Open |
| 29 Apr 2016 | Idbi Trusteeship Services Limited | ₹53.71 Cr | Open |
| 05 Mar 2015 | Idbi Trusteeship Services Limited | ₹1,212.17 Cr | Open |
| 05 Mar 2015 | Others | ₹1,265.88 Cr | Open |
| 26 Apr 2013 | Axis Bank Limited | ₹54 Cr | Open |
Total charge records: 33 View all charges
Deals & Funding of Aster Private Limited
Aster Private Limited has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹141.84 Cr; the latest was in April 2015.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Funding round | ₹21.84 Cr | Investors: Micropart International Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Ideamax Consultancy Services Private Limited Seller: 2 individuals |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| May 2008 | Secondary share transfer | Undisclosed | Buyer: Aster Members Welfare Trust Seller: an individual |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Aster Private Limited
Aster Private Limited has 176 court cases on record: 45 filed by Aster, 87 filed against it, 44 where it is another party. 28 cases are pending and 148 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 101 | 53 | 7 |
| High courts | 57 | 18 | 12 |
| NCLAT | 16 | 14 | 9 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 176)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chennai | Interim or miscellaneous application | Filed by the company against Power Grid Corporation of India Limited | Pending |
| NCLAT, Chennai | Interim or miscellaneous application | Filed against the company by Jaguar Overseas Limited | Pending |
| NCLAT, Chennai | Insolvency matter | Filed against the company by Jaguar Overseas Limited | Pending |
| NCLAT, Chennai | Insolvency matter | Filed against the company by Power Grid Corporation of India Limited | Pending |
| NCLAT, Chennai | Interim or miscellaneous application | Filed against the company by Power Grid Corporation of India Limited | Pending |
Full case history
All 176 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Aster Private Limited
Aster operates one associated brand: Aster India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of telecom infrastructure services | aster.in |
Employees and EPFO Compliance at Aster Private Limited
Aster Private Limited has a workforce of 12 employees as of Sep 25, 2025.
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.
Group Structure of Aster Private Limited
Aster has 1 joint venture. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
CIN History of Aster Private Limited
Aster has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32204TG1998PTC029457, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32204TG1998PTC029457 | Current |
| U32204AP1998PTC029457 | Previous |
| U41001TG1998PTC029457 | Previous |
News related to Aster Private Limited
Recent Activity on Aster Private Limited
Aster Private Limited has 24 board changes on record since 2005: 2 appointments and 22 cessations. The latest: Vishnu Chavda ceased to be Company Secretary on 31 Dec 2019.
88 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aster 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 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 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 Private Limited
Aster has 40 GST registrations: 3 active and 37 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCA5469L1ZB | Telangana | Active | 01 Jul 2017 |
| 36AACCA5469L2ZA | Telangana | Active | 19 Feb 2026 |
| 24AACCA5469L3ZE | Gujarat | Active | 22 Jan 2026 |
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 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 Private Limited
Aster is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Aster is a company under liquidation, formerly operating as a private limited company based in Hyderabad, Telangana, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 22 May 1998 and is registered under CIN U32204TG1998PTC029457. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Aster reported revenue of ₹78.61 Cr for FY 2020 (down 24% YoY).
Aster has 2 current directors:
- Srinivasa Prasad Alapati - Whole-Time Director
- Mandha Bal Reddy - Director
Aster reported a net loss of ₹326.36 Cr (net margin -415.2%) and EBITDA of -₹103.02 Cr (EBITDA margin -131.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aster is -40% over three years and -39% over five years. In the latest year (FY 2020) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Aster is U32204TG1998PTC029457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aster has open charges of ₹3,572.85 Cr and satisfied charges of ₹801.99 Cr as per latest MCA filings.
Aster has 176 court cases on record: 45 filed by the company and 87 filed against it. 28 are pending. Most are in the district courts.
Aster was incorporated on 22 May 1998. It is registered with the Registrar of Companies, Hyderabad.