About Aswaforce Private Limited
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Aswaforce Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC100407. Its GSTIN is 24AAQCA4015Q1ZC (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhaveshkumar Pravinbhai Suthar and Pravinbhai Chunilal Suthar.
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 S – 226 Square One Opp Golden Square Radhanpur Road Panchot, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.44 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹16.61 Lakh (net margin 6.8%) and EBITDA of ₹35.62 Lakh (EBITDA margin 14.6%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 11% over five years.
For more details, the company can be reached via its website aswaforce.com.
Company details
Contact details
Aswaforce Private Limited's registered office is in Mehsana, Gujarat. Its website is aswaforce.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS – 226 Square One Opp Golden Square Radhanpur Road Panchot, Mehsana, Gujarat, India – 384002
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Aswaforce 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 Aswaforce 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 Aswaforce Private Limited, buy the company report.
Financials of Aswaforce Private Limited
FY 2025 filings availableAswaforce Private Limited reported revenue of ₹2.44 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 7% 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 |
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| EBITDA | ₹35.62 Lakh | ||||
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| Net Profit (PAT) | ₹16.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Aswaforce Private Limited, buy the company report.
Board of directors of Aswaforce Private Limited
Aswaforce has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaveshkumar Pravinbhai Suthar | Director | 05 Jan 2018 | 8 Years 9 Months | Current |
| Pravinbhai Chunilal Suthar | Director | 05 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Aswaforce Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stylopay Private Limited | ₹2.44 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Awarathon Awareness Initiatives Private Limited | ₹2.44 Cr (FY 2024) | 43.0% | Mumbai, Maharashtra, India | |||
| TNV System Certification Private Limited | ₹2.44 Cr (FY 2025) | 29.0% | Lucknow, Uttar Pradesh, India | |||
| Quintas Consulting Services Private Limited | ₹2.44 Cr (FY 2024) | 60.0% | Kakkanad, Kerala, India | |||
| Aswaforce Private Limitedthis company | ₹2.44 Cr (FY 2024) | ₹16.61 Lakh | 6.8% | 4.0% | Mehsana, Gujarat, India | |
| The Basics Digital Solutions Private Limited | ₹2.44 Cr (FY 2025) | -5.0% | Indore, Madhya Pradesh, India | |||
| Orbterra Info Vision Private Limited | ₹2.44 Cr (FY 2025) | 15.0% | Lucknow, Uttar Pradesh, India | |||
| Fingo Financial Solutions Private Limited | ₹2.43 Cr (FY 2024) | 95.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Aswaforce Private Limited, buy the company report.
Auditor
Aswaforce Private Limited is audited by MITESH MEVADA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITESH MEVADA & CO | FY 2021 | 131963W |
Shareholding
The shareholding of Aswaforce Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aswaforce Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aswaforce 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 Aswaforce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aswaforce has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCA4015Q1ZC | Gujarat | Active | 21 Apr 2018 |
To see the full GST registrations and return filing status of Aswaforce Private Limited, buy the company report.
Recent activity
Aswaforce Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bhaveshkumar Pravinbhai Suthar was appointed as Director on 05 Jan 2018.
Frequently asked questions
Aswaforce is an active private limited company based in Mehsana, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 January 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC100407.
Aswaforce has 2 current directors:
- Bhaveshkumar Pravinbhai Suthar - Director
- Pravinbhai Chunilal Suthar - Director
The latest financial statements of Aswaforce on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Aswaforce is 24AAQCA4015Q1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Aswaforce is U74999GJ2018PTC100407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aswaforce was incorporated on 05 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aswaforce by revenue are Stylopay Private Limited, Awarathon Awareness Initiatives Private Limited, TNV System Certification Private Limited, Quintas Consulting Services Private Limited, The Basics Digital Solutions Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Bhaveshkumar Pravinbhai Suthar was appointed as Director on 05 Jan 2018. Pravinbhai Chunilal Suthar was appointed as Director on 05 Jan 2018.
Aswaforce can be reached through the website aswaforce.com. Its registered office is in Mehsana, Gujarat, India.
The registered office of Aswaforce is at S – 226 Square One Opp Golden Square Radhanpur Road Panchot, Mehsana, Gujarat, India – 384002.
Aswaforce operates in the information technology industry, in the application development and software solutions segment.