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Proasp India Private Limited - packaging in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.16 Cr
▲ 2% YoY
Net profit · FY 2025
₹32.64 Lakh
Net margin 4.6%
EBITDA · FY 2025
₹65.28 Lakh
EBITDA margin 9.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹1.75 Cr
Satisfied ₹2.4 Cr
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Proasp India Private Limited
Data last updated:
Proasp India Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 23 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2021PTC122252. Its GSTIN is 24AALCP9617Q1ZK (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Rakesh Raghuvansh Singh and Mukesh Raghubansh Singh.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.16 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹32.64 Lakh (net margin 4.6%) and EBITDA of ₹65.28 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹2.4 Cr on record.
Proasp India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0078942). For more details, the company can be reached via its website pro-asp.com.
Company details
CIN U25209GJ2021PTC122252
Registration Number 122252
Incorporation Date 23 April 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0078942
Key People
Rakesh Raghuvansh Singh Director Mukesh Raghubansh Singh Director Kunal Rakesh Singh Director Recognitions & Rankings of Proasp India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0078942
Contact details
Proasp India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is pro-asp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 8 Om Ind. Park – 2, Village – Bakrol Tal – Daskroi, Ahmedabad, Gujarat, India – 382433
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Proasp India Private Limited, buy the company report.
Comprehensive company report
Proasp 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 Proasp India is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Proasp India Private Limited, buy the company report.
Financials of Proasp India Private Limited
FY 2025 filings availableProasp India Private Limited reported revenue of ₹7.16 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹7.16 Cr ▲ 2%
Net profit · FY 2025
₹32.64 Lakh margin 4.6%
EBITDA · FY 2025
₹65.28 Lakh margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 2% growth in the latest year. EBITDA fell 6% 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 |
|---|---|---|---|---|
| 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 | ₹65.28 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹32.64 Lakh | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.1% | |||
| Net Profit Margin | 4.6% | |||
| 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 Proasp India Private Limited, buy the company report.
Board of directors of Proasp India Private Limited
Proasp India has 3 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 |
|---|---|---|---|---|
| Rakesh Raghuvansh Singh Also directs: Proasp Security Labels Private Limited | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Mukesh Raghubansh Singh | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Kunal Rakesh Singh Also directs: Proasp Security Labels Private Limited, Proasp Private Limited | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Proasp India Private Limited is audited by V H SHAH & ASSOCCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V H SHAH & ASSOCCIATES | FY 2023 | 163504 |
Shareholding
The shareholding of Proasp India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Proasp India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.75 Cr
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2023 | 100848599 | Hdfc Bank Limited | ₹1.75 Cr | Open | |
| 09 Sep 2021 | 100479742 | Others | ₹2 Cr | Satisfied | |
| 09 Sep 2021 | 100479764 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Proasp India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Proasp India 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 Proasp India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Proasp India Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
Active EPFO establishments
1
GST
Proasp India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP9617Q1ZK | Gujarat | Active | 24 Jun 2021 |
To see the full GST registrations and return filing status of Proasp India Private Limited, buy the company report.
Recent activity
Proasp India Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Gaurang Madhusudan Khatri ceased to be Additional Director on 21 Jun 2022.
AGM
Proasp India Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
Proasp India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 175.00 Lakh registered on 09 Nov 2023 with Charge ID 100848599 was modified on 27 Mar 2025.
Charges
A charge registered on 09 Sep 2021 via Charge ID 100479764 with Others was fully satisfied on 28 Dec 2023.
Charges
A charge registered on 09 Sep 2021 via Charge ID 100479742 with Others was fully satisfied on 28 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 175.00 Lakh with Charge ID 100848599 was registered on 09 Nov 2023.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 09 Sep 2021 with Charge ID 100479742 was modified on 28 Sep 2022.
Ceased
Gaurang Madhusudan Khatri ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100479764 was registered on 09 Sep 2021.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100479742 was registered on 09 Sep 2021.
Appointed
Kunal Rakesh Singh was appointed as Director.
Appointed
Mukesh Raghubansh Singh was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Proasp India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 23 April 2021 (5+ years old) and is registered under CIN U25209GJ2021PTC122252.
Proasp India has 3 current directors:
- Rakesh Raghuvansh Singh - Director
- Mukesh Raghubansh Singh - Director
- Kunal Rakesh Singh - Director
The latest financial statements of Proasp India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Proasp India is 24AALCP9617Q1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Proasp India is U25209GJ2021PTC122252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proasp India was incorporated on 23 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gaurang Madhusudan Khatri ceased to be Additional Director on 21 Jun 2022. Kunal Rakesh Singh was appointed as Director on 23 Apr 2021. Mukesh Raghubansh Singh was appointed as Director on 23 Apr 2021. Proasp India has 4 board changes on record in total.
Yes, Proasp India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Proasp India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0078942).
Proasp India can be reached through the website pro-asp.com. Its registered office is in Ahmedabad, Gujarat, India.
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