Asts Development Private Limited
About Asts Development Private Limited
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Asts Development Private Limited is a private limited company based in Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 22 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72100DL2020PTC360649.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ieac Education Private Limited. It is led by directors Mukesh and Vivekanand.
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 B – 78 2nd Floor Defence Colony, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹26,202 (net margin -16.1%) and EBITDA of ₹4,346 (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years.
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- Registered AddressB – 78 2nd Floor Defence Colony, Delhi, India – 110024
- IndustryTravel and Hospitality, Consumer Professional Services
- 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 Asts Development Private Limited
The main business activity of Asts Development is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Asts Development Private Limited FY 2025 filings available
Asts Development Private Limited reported revenue of ₹1.63 Lakh (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asts Development Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 78% over three years, including a 97% fall in the latest year. EBITDA fell 97% 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 Asts Development 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 | ₹4,346 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26,202 | •••• | •••• | •••• | •••• |
| 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 Asts Development Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.1% | •••• | •••• | •••• | •••• |
| 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 Asts Development 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 Asts Development Private Limited
Asts Development Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gian Association for Supporting Technology Research and Entrepreneurship | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Surbhi Cable Industries Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Rising Business Management Technology Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Sinha Thermal Energy Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| SM Health Care Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Asts Development Private Limited this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Iisu Incubation Centre | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Ameuro Migration Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Kamal Air Auto Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Handicrafts Mega Cluster Mission | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Anf Infinity Interior & Projects Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Asts Development by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Asts Development Private Limited
Asts Development Private Limited is audited by AYUSHI SINGHAL & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AYUSHI SINGHAL & ASSOCIATES | 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 Asts Development Private Limited
Asts Development 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 |
|---|---|---|---|---|
| Mukesh Also directs: Neoastrum Business Solutions Private Limited, Atmc Education India Private Limited, Uniss Education Private Limited and 3 more | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
| Vivekanand | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Asts Development 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 Asts Development Private Limited
Asts Development Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asts Development Private Limited
Employment history and EPFO contributions of people linked to Asts Development.
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 Asts Development Private Limited
Asts Development has one previous CIN (Corporate Identification Number): U80904DL2020PTC360649. The current CIN is U72100DL2020PTC360649, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100DL2020PTC360649 | Current |
| U80904DL2020PTC360649 | Previous |
Recent Activity on Asts Development Private Limited
Asts Development Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Abhishek Kumar Jha ceased to be Director on 30 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Asts Development 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 Asts Development 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 Asts Development 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 Asts Development Private Limited
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 Asts Development 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 Asts Development Private Limited
Asts Development is an active private limited company based in Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 22 January 2020 (6+ years old) and is registered under CIN U72100DL2020PTC360649.
Asts Development reported revenue of ₹1.63 Lakh for FY 2025 (down 97% YoY).
Asts Development has 2 current directors:
- Mukesh - Director
- Vivekanand - Director
Asts Development reported a net loss of ₹26,202 (net margin -16.1%) and EBITDA of ₹4,346 (EBITDA margin 2.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asts Development is -78% over three years. In the latest year (FY 2025) revenue fell 97%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Asts Development is U72100DL2020PTC360649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asts Development was incorporated on 22 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Asts Development by revenue are Gian Association for Supporting Technology Research and Entrepreneurship, Surbhi Cable Industries Private Limited, Rising Business Management Technology Private Limited, Sinha Thermal Energy Private Limited, SM Health Care Services Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Abhishek Kumar Jha ceased to be Director on 30 Jul 2021. Manoj Singh Rana ceased to be Director on 30 Jul 2021. Mukesh was appointed as Director on 30 Jul 2021. Asts Development has 4 board changes on record in total.
The registered office of Asts Development is at B – 78 2nd Floor Defence Colony, Delhi, India – 110024.
Asts Development has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.