MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0038222
Bastian Solutions India Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹66.37 Cr
▲ 13% YoY
Net profit · FY 2025
₹4.11 Cr
Net margin 6.2%
EBITDA · FY 2025
₹10.74 Cr
EBITDA margin 16.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.77 Cr
Issued & subscribed
Open charges
₹14.15 Cr
Satisfied ₹19.84 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
163
Provident fund records
About Bastian Solutions India Private Limited
Data last updated:
Bastian Solutions India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Bastian Software Solutions Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1996PTC032828. Its GSTIN is 29AAACA8412F1ZW (Karnataka). 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 ₹1.77 Cr. It was formerly known as Asap Automation (India) Private Limited. It is led by directors including Aaron Martin Jones and Dhirendra Vashisht.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.37 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.11 Cr (net margin 6.2%) and EBITDA of ₹10.74 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 163 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bastian Solutions. As per MCA filings, the company has open charges of ₹14.15 Cr and satisfied charges of ₹19.84 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Bastian Solutions India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0038222). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bastiansolutions.com.
Company details
CIN U72200KA1996PTC032828
Registration Number 032828
Incorporation Date 18 December 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Bastian Software Solutions Llc
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0038222
CIN history
Bastian Solutions India has one previous CIN (Corporate Identification Number): U72200KA2003PTC032828. The current CIN is U72200KA1996PTC032828, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA1996PTC032828 | Current |
| U72200KA2003PTC032828 | Previous |
Key People
Aaron Martin Jones Director Dhirendra Vashisht Director Satindrapal Singh Chauhan Director Recognitions & Rankings of Bastian Solutions India
Contact details
Bastian Solutions India Private Limited's registered office is in Bengaluru, Karnataka. Its website is bastiansolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSalarpuria Magnificia Pheonix 1st Floor No.78 Old Madras Rd Nr Tin Factory Dooravani, Nagar Post, Bengaluru, Karnataka, India – 560016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Bastian Solutions India Private Limited, buy the company report.
Comprehensive company report
Bastian Solutions 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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Brands
Bastian Solutions India operates one associated brand: Bastian Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Material handling solutions and automation consulting services | bastiansolutions.com |
Business activity
The main business activity of Bastian Solutions India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
To see the full business activity and turnover split of Bastian Solutions India Private Limited, buy the company report.
Financials of Bastian Solutions India Private Limited
FY 2025 filings availableBastian Solutions India Private Limited reported revenue of ₹66.37 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹66.37 Cr ▲ 13%
Net profit · FY 2025
₹4.11 Cr margin 6.2%
EBITDA · FY 2025
₹10.74 Cr margin 16.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 3%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 47%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 13% growth in the latest year. EBITDA rose 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹66.37 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.11 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 Bastian Solutions India Private Limited, buy the company report.
Board of directors of Bastian Solutions India Private Limited
Bastian Solutions India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aaron Martin Jones | Director | 24 Jun 2019 | 7 Years 4 Months | Current |
| Dhirendra Vashisht | Director | 10 Mar 2023 | 3 Years 7 Months | Current |
| Satindrapal Singh Chauhan Also directs: S2a2 Associates Private Limited | Director | 20 Feb 2004 | 22 Years 8 Months | Current |
Auditor
Bastian Solutions India Private Limited is audited by KUNDAM RAMESH & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUNDAM RAMESH & CO. | FY 2024 | 011647S |
Shareholding
The shareholding of Bastian Solutions India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bastian Solutions India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.15 Cr
Satisfied charges
₹19.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2019 | 100243980 | Others | ₹9.9 Cr | Open | |
| 30 Oct 2018 | 100215726 | Others | ₹4.25 Cr | Open | |
| 23 Jul 2019 | 100278489 | Axis Bank Limited | ₹15.54 Cr | Satisfied | |
| 30 Jan 2012 | 10334250 | Bank of Maharashtra | ₹4.3 Cr | Satisfied |
To see the full charge records of Bastian Solutions India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Bastian Solutions India Private Limited has 1 court case on record: 1 filed by Bastian Solutions India. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Channel Freight Services India Pvt Ltd | Disposed |
To see the full case history of Bastian Solutions 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
Bastian Solutions India Private Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 23 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
To see the full MSME payment records of Bastian Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bastian Solutions India Private Limited has a workforce of 163 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
163
Active EPFO establishments
1
Employee growth
10.14%
GST
Bastian Solutions 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 |
|---|---|---|---|
| 29AAACA8412F1ZW | Karnataka | Active | 01 Jul 2017 |
| 07AAACA8412F2Z1 | Delhi | Active | 21 Oct 2025 |
To see the full GST registrations and return filing status of Bastian Solutions India Private Limited, buy the company report.
Recent activity
Bastian Solutions India Private Limited has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Dhirendra Vashisht ceased to be Additional Director on 28 Sep 2023.
AGM
Bastian Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bastian Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Dhirendra Vashisht ceased to be Additional Director.
Appointed
Dhirendra Vashisht was appointed as Director.
Ceased
Hajime Iwase ceased to be Additional Director.
Charges
A charge registered on 23 Jul 2019 via Charge ID 100278489 with Axis Bank Limited was fully satisfied on 06 May 2022.
Appointed
Hajime Iwase was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 15.54 Cr registered on 23 Jul 2019 with Charge ID 100278489 was modified on 14 Jul 2020.
Ceased
Aaron Martin Jones ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.54 Cr with Charge ID 100278489 was registered on 23 Jul 2019.
Appointed
Aaron Martin Jones was appointed as Director.
Ceased
Surendranath Mada ceased to be Alternate Director.
8 earlier events are in the company report.
News
Frequently asked questions
Bastian Solutions India is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 December 1996 (30+ years old) and is registered under CIN U72200KA1996PTC032828.
Bastian Solutions India has 3 current directors:
- Aaron Martin Jones - Director
- Dhirendra Vashisht - Director
- Satindrapal Singh Chauhan - Director
The latest financial statements of Bastian Solutions India 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 2015 are in the company report.
The GSTIN of Bastian Solutions India is 29AAACA8412F1ZW, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACA8412F2Z1 (Delhi).
The CIN (Corporate Identification Number) of Bastian Solutions India is U72200KA1996PTC032828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bastian Solutions India has 1 court case on record: 1 filed by the company.
Bastian Solutions India was incorporated on 18 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Dhirendra Vashisht ceased to be Additional Director on 28 Sep 2023. Dhirendra Vashisht was appointed as Director on 10 Mar 2023. Hajime Iwase ceased to be Additional Director on 30 Sep 2022. Bastian Solutions India has 10 board changes on record in total.
Yes, Bastian Solutions India is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0038222).
Bastian Solutions India has 10 MSME Form 1 returns on record between 2021 and 2024, listing 23 overdue payments to 10 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Bastian Solutions India can be reached through the website bastiansolutions.com. Its registered office is in Bengaluru, Karnataka, India.
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