MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KL-02-0014663
Aspire Systems Digital Private Limited - information technology in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹122.99 Cr
▼ 39% YoY
Net profit · FY 2025
₹19.9 Cr
Net margin 16.2%
EBITDA · FY 2025
₹32.57 Cr
EBITDA margin 26.5%
Authorised capital
₹1.11 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Satisfied charges
₹6.28 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
531
Provident fund records
About Aspire Systems Digital Private Limited
Data last updated:
Aspire Systems Digital Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Aspire Systems (India) Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2008PTC036639. Its GSTIN is 32AAECR2285F3ZJ (Kerala). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.11 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Rapidvalue It Services Private Limited. It is led by directors Pylore Subramanian Sridhar and Krishnan Vaidyanathan.
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 Infopark, Ernakulam, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.99 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹19.9 Cr (net margin 16.2%) and EBITDA of ₹32.57 Cr (EBITDA margin 26.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company has about 531 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: RapidValue and Aspire Systems. As per MCA filings, the company has satisfied charges of ₹6.28 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.26 Cr; the latest was in March 2023. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 5 smaller; the largest is Centillion Solutions and Services Private Limited with revenue of ₹124.12 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 43 overdue payments to 10 micro and small suppliers.
Aspire Systems Digital Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KL-02-0014663). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspiresys.com.
Company details
CIN U72200KL2008PTC036639
Registration Number 036639
Incorporation Date 07 August 2008
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Parent Company Aspire Systems (India) Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KL-02-0014663
CIN history
Aspire Systems Digital has one previous CIN (Corporate Identification Number): U72200AP2008PTC060533. The current CIN is U72200KL2008PTC036639, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KL2008PTC036639 | Current |
| U72200AP2008PTC060533 | Previous |
Recognitions & Rankings of Aspire Systems Digital
Contact details
Aspire Systems Digital Private Limited's registered office is in Ernakulam, Kerala. Its website is aspiresys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 303 3rd Floor Tower – B World Trade Centre, Infopark SEZ Phase – 1 Cochin, Ernakulam, Kerala, India – 682030
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Aspire Systems Digital Private Limited, buy the company report.
Comprehensive company report
Aspire Systems Digital 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
Aspire Systems Digital operates two associated brands: RapidValue and Aspire Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end mobility solutions and services are provided to enterprises. | rapidvaluesolutions.com | |
| Provides IT consulting, software engineering, cloud services, and digital solutions globally. | aspiresys.com |
Business activity
The main business activity of Aspire Systems Digital is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Aspire Systems Digital Private Limited, buy the company report.
Financials of Aspire Systems Digital Private Limited
FY 2024 filings availableAspire Systems Digital Private Limited reported revenue of ₹122.99 Cr (down 39% YoY) for FY 2025.
Revenue · FY 2025
₹122.99 Cr ▼ 39%
Net profit · FY 2025
₹19.9 Cr margin 16.2%
EBITDA · FY 2025
₹32.57 Cr margin 26.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 4%
5 years · compounded
▲ 34%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 4% 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 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹32.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.9 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.5% | ||||
| Net Profit Margin | 16.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Aspire Systems Digital Private Limited, buy the company report.
Board of directors of Aspire Systems Digital Private Limited
Aspire Systems Digital has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pylore Subramanian Sridhar Also directs: Aspire Systems (India) Private Limited | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Krishnan Vaidyanathan Also directs: Aspire Systems (India) Private Limited, Pearltri Foods Private Limited, Dorado Energy Private Limited and 4 more | Additional Director | 07 Oct 2025 | 1 Years 1 Months | Current |
Peer comparison
Aspire Systems Digital Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Centillion Solutions and Services Private Limited | ₹124.12 Cr (FY 2025) | 40.0% | Bangalore, Karnataka, India | |||
| Seneca Global IT Services Private Limited | ₹123.14 Cr (FY 2024) | -21.0% | Hyderabad, Telangana, India | |||
| Logic Information Systems (India) Private Limited | ₹123.11 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Clarion Technologies Private Limited | ₹123.03 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India | |||
| Aspire Systems Digital Private Limitedthis company | ₹122.99 Cr (FY 2025) | ₹19.9 Cr | 16.2% | -39.0% | 531 | Ernakulam, Kerala, India |
| Amrut Software Private Limited | ₹122.66 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Numerator India Private Limited | ₹122.52 Cr (FY 2025) | -12.0% | Vadodara, Gujarat, India | |||
| Asm Enterprise Solutions Private Limited | ₹122.43 Cr (FY 2021) | 6.0% | Bangalore, Karnataka, India | |||
| Esi Software (India) Private Limited | ₹122.35 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Dynpro India Private Limited | ₹122.21 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aspire Systems Digital Private Limited, buy the company report.
Auditor
Aspire Systems Digital Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Aspire Systems Digital Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aspire Systems Digital Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹6.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2016 | 100056084 | Others | ₹2.78 Cr | Satisfied | |
| 05 May 2016 | 100033326 | Others | ₹2 Cr | Satisfied | |
| 26 Mar 2013 | 10413679 | Small Industries Development Bank of India | ₹25 Lakh | Satisfied | |
| 26 Mar 2013 | 10413680 | Small Industries Development Bank of India | ₹25 Lakh | Satisfied | |
| 10 Oct 2011 | 10312729 | State Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Aspire Systems Digital Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Aspire Systems Digital Private Limited has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.26 Cr; the latest was in March 2023.
Total deals
11
Secondary share transfers
9
Funding rounds
2
Disclosed funding
₹19.26 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Aspire Systems (India) Private Limited & Sulakshana Jojo, Aspire Systems (India) Private Limited Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Aspire Systems (India) Private Limited Seller: 3 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Aspire Systems (India) Private Limited Seller: Helion Venture Partners, 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Helion Venture Partners, 3 individuals Seller: Nidhi Sci Ventures Private Limited , 3 individuals |
To see the full deal history of Aspire Systems Digital 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
Aspire Systems Digital Private Limited has 1 court case on record: 1 filed by Aspire Systems Digital. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala | Disposed |
To see the full case history of Aspire Systems Digital 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
Aspire Systems Digital Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 43 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Novavente Limited | |||
| Intellicomm Solutions and Enterprises Private Limited | |||
| Prospect HR | |||
| Hipoint Connect Private Limited | |||
| Talent Hire IT Solutions Private Limited |
To see the full MSME payment records of Aspire Systems Digital Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aspire Systems Digital Private Limited has a workforce of 531 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
531
Active EPFO establishments
1
Employee growth
-12.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 531 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Aspire Systems Digital Private Limited, buy the company report.
GST
Aspire Systems Digital has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECR2285F3ZJ | Kerala | Active | 05 Mar 2025 |
| 29AAECR2285F1Z8 | Karnataka | Active | 17 Jul 2017 |
To see the full GST registrations and return filing status of Aspire Systems Digital Private Limited, buy the company report.
Recent activity
Aspire Systems Digital Private Limited has 20 board changes on record since 2008: 11 appointments and 9 cessations. The latest: Arun John ceased to be Director on 07 Oct 2025.
Ceased
Arun John ceased to be Director.
Appointed
Krishnan Vaidyanathan was appointed as Additional Director.
AGM
Aspire Systems Digital Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aspire Systems Digital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge registered on 26 Aug 2016 via Charge ID 100056084 with Others was fully satisfied on 13 Jul 2023.
Ceased
Rajesh Thekkinkattil Padinjaremadam ceased to be Whole-Time Director.
Ceased
Gowrishankar Subramanian ceased to be Director.
Ceased
Thirumalai Nambakkam Bhoovarahan ceased to be Director.
Appointed
Arun John was appointed as Director.
Appointed
Pylore Subramanian Sridhar was appointed as Director.
Appointed
Gowrishankar Subramanian was appointed as Director.
Ceased
Rinish Kunhiraman Nalini ceased to be Whole-Time Director.
22 earlier events are in the company report.
News
Frequently asked questions
Aspire Systems Digital is an active private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 August 2008 (18+ years old) and is registered under CIN U72200KL2008PTC036639.
Aspire Systems Digital has 2 current directors:
- Pylore Subramanian Sridhar - Director
- Krishnan Vaidyanathan - Additional Director
The latest financial statements of Aspire Systems Digital 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 2015 are in the company report.
The GSTIN of Aspire Systems Digital is 32AAECR2285F3ZJ, registered in Kerala. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECR2285F1Z8 (Karnataka).
The CIN (Corporate Identification Number) of Aspire Systems Digital is U72200KL2008PTC036639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspire Systems Digital has 1 court case on record: 1 filed by the company.
Aspire Systems Digital was incorporated on 07 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
Aspire Systems Digital has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.26 Cr; the latest was in March 2023.
The peers of Aspire Systems Digital by revenue are Centillion Solutions and Services Private Limited, Seneca Global IT Services Private Limited, Logic Information Systems (India) Private Limited, Clarion Technologies Private Limited, Amrut Software Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Arun John ceased to be Director on 07 Oct 2025. Krishnan Vaidyanathan was appointed as Additional Director on 07 Oct 2025. Rajesh Thekkinkattil Padinjaremadam ceased to be Whole-Time Director on 31 Mar 2022. Aspire Systems Digital has 20 board changes on record in total.
Yes, Aspire Systems Digital is registered as an MSME under Udyam registration (number: UDYAM-KL-02-0014663).
Aspire Systems Digital has 7 MSME Form 1 returns on record between 2022 and 2024, listing 43 overdue payments to 10 micro and small suppliers. The latest return was filed on 29 Apr 2024.
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