MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-OD-19-0004622
Asva Power Systems India Private Limited
Asva Power Systems India Private Limited - consumer electronics & durables in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹19.4 Cr
▼ 14% YoY
Net profit · FY 2022
₹3.41 Cr
Net margin 17.6%
EBITDA · FY 2022
₹5.4 Cr
EBITDA margin 27.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹74.09 Lakh
Issued & subscribed
Open charges
₹5.93 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Asva Power Systems India Private Limited
Data last updated:
Asva Power Systems India Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2011PTC160290. Its GSTIN is 19AAJCA2971Q1ZX (West Bengal). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹74.09 Lakh. It is led by directors Vinay Kumar Agrawal and Vikash Kumar Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Room No.5 Siddha Pines Cyprus – 1 Municipal Holding No. As/185, West Bengal.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.4 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.41 Cr (net margin 17.6%) and EBITDA of ₹5.4 Cr (EBITDA margin 27.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹5.93 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.74 Cr; the latest was in March 2022.
Asva Power Systems India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0004622). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999WB2011PTC160290
Registration Number 160290
Incorporation Date 07 March 2011
ROC Kolkata
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-19-0004622
Recognitions & Rankings of Asva Power Systems India
Contact details
Asva Power Systems India Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No.5 Siddha Pines Cyprus – 1 Municipal Holding No. As/185, Rajarhat Main Road Natunpara Bablatala Gopalpur – 1 Dist – 24 Pragnas North West Bengal, Kolkata, West Bengal, India – 700136
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Asva Power Systems India Private Limited, buy the company report.
Comprehensive company report
Asva Power Systems India 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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Business activity
The main business activity of Asva Power Systems India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Asva Power Systems India Private Limited, buy the company report.
Financials of Asva Power Systems India Private Limited
FY 2022 filings availableAsva Power Systems India Private Limited reported revenue of ₹19.4 Cr (down 14% YoY) for FY 2022.
Revenue · FY 2022
₹19.4 Cr ▼ 14%
Net profit · FY 2022
₹3.41 Cr margin 17.6%
EBITDA · FY 2022
₹5.4 Cr margin 27.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 10%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 54%
5 years · compounded
▲ 82%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 2% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.41 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.8% | ||||
| Net Profit Margin | 17.6% | ||||
| 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 Asva Power Systems India Private Limited, buy the company report.
Board of directors of Asva Power Systems India Private Limited
Asva Power Systems India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kumar Agrawal Also directs: Asva Vishnu Carbon & Chemicals LLP, Asva Vishnu Mines and Minerals LLP, Asva Distillers LLP and 2 more | Director | 07 Mar 2011 | 15 Years 8 Months | Current |
| Vikash Kumar Agrawal Also directs: Asva Vishnu Carbon & Chemicals LLP, Asva Vishnu Mines and Minerals LLP, Asva Distillers LLP and 3 more | Director | 07 Mar 2011 | 15 Years 8 Months | Current |
Auditor
Asva Power Systems India Private Limited is audited by AJIT KUMAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT KUMAR & CO | FY 2022 | 317110E |
Shareholding
The shareholding of Asva Power Systems India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asva Power Systems India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.93 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2023 | 100703186 | State Bank of India | ₹2.51 Cr | Open | |
| 01 Aug 2019 | 100286169 | Hdfc Bank Limited | ₹3.42 Cr | Open |
To see the full charge records of Asva Power Systems India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Asva Power Systems India Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.74 Cr; the latest was in March 2022.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹3.74 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹60.9 Lakh | Investors: 3 individuals |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Santima Logistic Services Private Limited , SSS Logistic Services Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Hil Engineering Pvt.Ltd. , 2 individuals Seller: Improve Vintrade Private Limited , Shree Jawala Consultants Pvt.Ltd. , an individual |
| Mar 2013 | Funding round | ₹1.29 Cr | Investors: SSS Logistic Services Private Limited , Santima Logistic Services Private Limited , Akt Consultancy Services Private Limited |
| Mar 2012 | Funding round | ₹1.99 Cr | Investors: Tulsi Rolling & Flour Mills Pvt Ltd , Ashok Kumar Agarwal (HUF), 2 individuals |
To see the full deal history of Asva Power Systems India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asva Power Systems India Private Limited has 3 court cases on record: 2 filed by Asva Power Systems India, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 1 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against M/S Indiana Drives and Engineering Pvt Ltd and Others | Pending |
| Supreme Court | Court case (4201-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by Central Government) | Filed against the company by Commissioner Directorate of Logistics Commissioner Directorate of Logistics Ministry of Finance, Department of Revenue, 4Th Floor, Lok Narayan Bhawan, Khan Market ,New Delhi , Delhi | Disposed |
| Supreme Court | Court case (4201-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by Central Government) | Filed by the company against Commissioner, Directorate of Logistics Commissioner, Directorate of Logistics 4Th Floor Lok Narayan Bhawan Khan Market, New Delhi ,New Delhi , Delhi and 1 other | Disposed |
To see the full case history of Asva Power Systems India 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 Asva Power Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asva Power Systems India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCA2971Q1ZX | West Bengal | Active | 01 Jul 2017 |
| 21AAJCA2971Q1ZC | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asva Power Systems India Private Limited, buy the company report.
Recent activity
Asva Power Systems India Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Saroj Devi Agrawal ceased to be Director on 16 Aug 2024.
Ceased
Saroj Devi Agrawal ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 2.51 Cr with Charge ID 100703186 was registered on 04 Mar 2023.
AGM
Asva Power Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Asva Power Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited of Rs. 3.42 Cr registered on 01 Aug 2019 with Charge ID 100286169 was modified on 08 Aug 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.42 Cr with Charge ID 100286169 was registered on 01 Aug 2019.
Appointed
Vikash Kumar Agrawal was appointed as Director.
Appointed
Vinay Kumar Agrawal was appointed as Director.
Incorporation
07 Mar 2011
Asva Power Systems India Private Limited was registered on 07 Mar 2011 with Roc Kolkata & aged 15 years 8 months as per MCA records.
Frequently asked questions
Asva Power Systems India is an active private limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 March 2011 (15+ years old) and is registered under CIN U74999WB2011PTC160290.
Asva Power Systems India has 2 current directors:
- Vinay Kumar Agrawal - Director
- Vikash Kumar Agrawal - Director
The latest financial statements of Asva Power Systems India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Asva Power Systems India is 19AAJCA2971Q1ZX, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AAJCA2971Q1ZC (Odisha).
The CIN (Corporate Identification Number) of Asva Power Systems India is U74999WB2011PTC160290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asva Power Systems India has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the supreme court.
Asva Power Systems India was incorporated on 07 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
Asva Power Systems India has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.74 Cr; the latest was in March 2022.
Saroj Devi Agrawal ceased to be Director on 16 Aug 2024. Vikash Kumar Agrawal was appointed as Director on 07 Mar 2011. Vinay Kumar Agrawal was appointed as Director on 07 Mar 2011.
Yes, Asva Power Systems India is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0004622).
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