Startup India Government of India
Astute Products Private Limited
Astute Products Private Limited - business services in Karveer, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.01 Lakh
▲ 54% YoY
Net loss · FY 2024
₹47,286
Net margin -47%
EBITDA · FY 2024
-₹40,782
EBITDA margin -40.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Astute Products Private Limited
Data last updated:
Astute Products Private Limited is a private limited company based in Karveer, Maharashtra, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 12 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC172464. Its GSTIN is 27AAQCA0217N1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kiran Rajaram Nimbalkar and Vaishali Kiran Nimbalkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H No 377 Kenaya Park Uchagaon, Karveer, Maharashtra, India – 416005.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.01 Lakh, a growth of 54% compared to the previous year. For the same year it recorded a net loss of ₹47,286 (net margin -47%) and EBITDA of -₹40,782 (EBITDA margin -40.6%). Revenue has declined at a compounded annual rate (CAGR) of 11% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U74999PN2017PTC172464
Registration Number 172464
Incorporation Date 12 September 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Astute Products
Contact details
Astute Products Private Limited's registered office is in Karveer, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressH No 377 Kenaya Park Uchagaon, Karveer, Maharashtra, India – 416005
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Astute Products Private Limited, buy the company report.
Comprehensive company report
Astute Products Private Limited - one report that includes everything
- 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
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Financials of Astute Products Private Limited
FY 2024 filings availableAstute Products Private Limited reported revenue of ₹1.01 Lakh (up 54% YoY) for FY 2024.
Revenue · FY 2024
₹1.01 Lakh ▲ 54%
Net loss · FY 2024
₹47,286 margin -47%
EBITDA · FY 2024
-₹40,782 margin -40.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 187%
3 years · compounded
▼ 41%
5 years · compounded
▼ 29%
Revenue rose 54% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 187% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹40,782 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47,286 | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.6% | ||||
| Net Profit Margin | -47% | ||||
| 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 | |||||
To see the full financial statements and ratios of Astute Products Private Limited, buy the company report.
Board of directors of Astute Products Private Limited
Astute Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Rajaram Nimbalkar | Director | 12 Sep 2017 | 9 Years 2 Months | Current |
| Vaishali Kiran Nimbalkar | Additional Director | 01 Apr 2022 | 4 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Astute Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astute Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Astute Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA0217N1ZG | Maharashtra | Active | 15 Jan 2018 |
To see the full GST registrations and return filing status of Astute Products Private Limited, buy the company report.
Recent activity
Astute Products Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Mrudula Satish Kulkarni ceased to be Director on 01 Apr 2022.
AGM
Astute Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Astute Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Mrudula Satish Kulkarni ceased to be Director.
Ceased
Tilotama Amar Desai ceased to be Director.
Appointed
Vaishali Kiran Nimbalkar was appointed as Additional Director.
Appointed
Kiran Rajaram Nimbalkar was appointed as Director.
Incorporation
12 Sep 2017
Astute Products Private Limited was registered on 12 Sep 2017 with Roc Pune & aged 9 years 2 months as per MCA records.
Frequently asked questions
Astute Products is an active private limited company based in Karveer, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 12 September 2017 (9+ years old) and is registered under CIN U74999PN2017PTC172464.
Astute Products has 2 current directors:
- Kiran Rajaram Nimbalkar - Director
- Vaishali Kiran Nimbalkar - Additional Director
The latest financial statements of Astute Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Astute Products is 27AAQCA0217N1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Astute Products is U74999PN2017PTC172464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astute Products was incorporated on 12 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Mrudula Satish Kulkarni ceased to be Director on 01 Apr 2022. Tilotama Amar Desai ceased to be Director on 01 Apr 2022. Vaishali Kiran Nimbalkar was appointed as Additional Director on 01 Apr 2022. Astute Products has 4 board changes on record in total.
Yes, Astute Products is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Astute Products is at H No 377 Kenaya Park Uchagaon, Karveer, Maharashtra, India – 416005.
Astute Products operates in the business services industry, in the other services segment.
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