About Aster Udyam Private Limited
Data last updated:
Aster Udyam Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC153483. Its GSTIN is 27AANCA1233H1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹28 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Sandesh Sopan Nimbalkar (Managing Director) and Vikesh Pallikara Divakaran.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Rose Parade C – 4 /601 Off Salunkhe Vihar Road Kondhwa, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2019, the company reported a revenue of ₹60.46 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹94.75 Lakh (net margin -156.7%) and EBITDA of -₹82.6 Lakh (EBITDA margin -136.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹85 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asterudyam.com.
Company details
Contact details
Aster Udyam Private Limited's registered office is in Pune, Maharashtra. Its website is asterudyam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRose Parade C – 4 /601 Off Salunkhe Vihar Road Kondhwa, Pune, Maharashtra, India – 411048
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Aster Udyam 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 Aster Udyam is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Aster Udyam Private Limited, buy the company report.
Financials of Aster Udyam Private Limited
FY 2019 filings availableAster Udyam Private Limited reported revenue of ₹60.46 Lakh (down 55% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 55% fall in the latest year. EBITDA fell 90% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹60.46 Lakh | ||||
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| EBITDA | -₹82.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -136.6% | ||||
| Net Profit Margin | -156.7% | ||||
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To see the full financial statements and ratios of Aster Udyam Private Limited, buy the company report.
Board of directors of Aster Udyam Private Limited
Aster Udyam has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandesh Sopan Nimbalkar | Managing Director | 18 Dec 2014 | 11 Years 10 Months | Current |
| Vikesh Pallikara Divakaran Also directs: Aov Renewable Solution Private Limited | Director | 18 Dec 2014 | 11 Years 10 Months | Current |
Auditor
Aster Udyam Private Limited is audited by ADARSH K S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADARSH K S & CO | FY 2018 | 018805S |
Shareholding
The shareholding of Aster Udyam Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aster Udyam Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2016 | 100037394 | Others | ₹85 Lakh | Open |
To see the full charge records of Aster Udyam Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Aster Udyam Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S. Roots Corporation Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sri Satya Constructions | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sri Satya Constructions | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Punjab National Bank | Disposed |
To see the full case history of Aster Udyam 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 Udyam Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aster Udyam has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA1233H1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aster Udyam Private Limited, buy the company report.
Recent activity
Aster Udyam Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Vaidyanathan Ramadas ceased to be Director on 12 May 2017.
Frequently asked questions
Aster Udyam is an active private limited company based in Pune, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 18 December 2014 (12+ years old) and is registered under CIN U74900PN2014PTC153483.
Aster Udyam has 2 current directors:
- Sandesh Sopan Nimbalkar - Managing Director
- Vikesh Pallikara Divakaran - Director
The latest financial statements of Aster Udyam on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Aster Udyam is 27AANCA1233H1ZU, registered in Maharashtra. 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 Udyam is U74900PN2014PTC153483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aster Udyam has 4 court cases on record: 4 filed against it.
Aster Udyam was incorporated on 18 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Vaidyanathan Ramadas ceased to be Director on 12 May 2017. Sandesh Sopan Nimbalkar ceased to be Director on 10 Aug 2015. Sandesh Sopan Nimbalkar was appointed as Managing Director on 18 Dec 2014. Aster Udyam has 4 board changes on record in total.
Aster Udyam can be reached through the website asterudyam.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Aster Udyam is at Rose Parade C – 4 601 Off Salunkhe Vihar Road Kondhwa, Pune, Maharashtra, India – 411048.