Asterbit Solutions and Services Private Limited
About Asterbit Solutions and Services Private Limited
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Asterbit Solutions and Services Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 29 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2019PTC124775. Its GSTIN is 29AASCA3461E1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Subramani Suresh and Narayanappa Rangaiah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.08 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹10.98 Lakh (net margin 5.3%) and EBITDA of ₹15.55 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 40% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No.T01 3rd Floor Ram Nivas, #30/1 7th Cross S.P Extension Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Asterbit Solutions and Services Private Limited
The main business activity of Asterbit Solutions and Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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 Asterbit Solutions and Services Private Limited FY 2025 filings available
Asterbit Solutions and Services Private Limited reported revenue of ₹2.08 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asterbit Solutions and Services Private Limited
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 53% 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 Asterbit Solutions and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹15.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.98 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 of Asterbit Solutions and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 Asterbit Solutions and Services are in the company report.
Financial statements from FY 2020
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 Asterbit Solutions and Services Private Limited
Asterbit Solutions and Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (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 |
|---|---|---|---|---|---|---|
| Jaimaakali Construction Private Limited | ₹2.09 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Jamui, Bihar, India |
| SST Business Solutions Private Limited | ₹2.09 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Patna, Bihar, India |
| People Grown Technologies Private Limited | ₹2.09 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| SVDK Logistics Private Limited | ₹2.09 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Inko Manpower Solution Private Limited | ₹2.08 Cr (FY 2022) | •••• | •••• | -22.0% | •••• | Noida, Uttar Pradesh, India |
| Asterbit Solutions and Services Private Limited this company | ₹2.08 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Bangalore, Karnataka, India |
| Viaan E-Solutions (OPC) Private Limited | ₹2.08 Cr (FY 2021) | •••• | •••• | -18.0% | •••• | Ahmedabad, Gujarat, India |
| RRB Corporate Services Pvt.Ltd. | ₹2.08 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Lucknow, Uttar Pradesh, India |
| Prominent Staffing Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| WSD Consultant Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Hariyani Enterprise Private Limited | ₹2.08 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Bhavnagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Asterbit Solutions and Services by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Asterbit Solutions and Services Private Limited
Asterbit Solutions and Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramani Suresh Also directs: Taras Batteries Private Limited | Director | 06 Apr 2021 | 5 Years 6 Months | Current |
| Narayanappa Rangaiah Also directs: Samruddhi Svaasthya Healthcare LLP | Director | 06 Feb 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Asterbit Solutions and Services 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 Asterbit Solutions and Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2025 | Hdfc Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Asterbit Solutions and Services Private Limited
Asterbit Solutions and Services Private Limited has a workforce of 7 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.
Recent Activity on Asterbit Solutions and Services Private Limited
Asterbit Solutions and Services Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Narayanappa Rangaiah ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Asterbit Solutions and Services 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 Asterbit Solutions and Services 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 Asterbit Solutions and Services 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 Asterbit Solutions and Services Private Limited
Asterbit Solutions and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA3461E1ZH | Karnataka | Active | 15 Jul 2019 |
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 Asterbit Solutions and Services 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 Asterbit Solutions and Services Private Limited
Asterbit Solutions and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 29 May 2019 (7+ years old) and is registered under CIN U74910KA2019PTC124775.
Asterbit Solutions and Services reported revenue of ₹2.08 Cr for FY 2025 (down 35% YoY).
Asterbit Solutions and Services has 2 current directors:
- Subramani Suresh - Director
- Narayanappa Rangaiah - Director
Asterbit Solutions and Services reported a net profit of ₹10.98 Lakh (net margin 5.3%) and EBITDA of ₹15.55 Lakh (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asterbit Solutions and Services is 2% over three years and 40% over five years. In the latest year (FY 2025) revenue fell 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asterbit Solutions and Services is 29AASCA3461E1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Asterbit Solutions and Services is U74910KA2019PTC124775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asterbit Solutions and Services was incorporated on 29 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Asterbit Solutions and Services by revenue are Jaimaakali Construction Private Limited, SST Business Solutions Private Limited, People Grown Technologies Private Limited, SVDK Logistics Private Limited, Inko Manpower Solution Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Narayanappa Rangaiah ceased to be Additional Director on 29 Sep 2025. Narayanappa Rangaiah was appointed as Director on 06 Feb 2025. Pramoth Maney ceased to be Director on 06 Feb 2025. Asterbit Solutions and Services has 6 board changes on record in total.
Yes, Asterbit Solutions and Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).