About Ashapura Marinetech Private Limited
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Ashapura Marinetech Private Limited is a private limited company based in Gujarat, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 21 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35117GJ2005PTC047103. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹7.7 Lakh. It is led by directors Prithvipalsingh Bhanwar Chauhan and Bhanwersingh Gheesasingh Chauhan.
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 310 Plaza Centre Gandhidham388 210 Kutch, Gujarat, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.93 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹73,790 (net margin -9.3%) and EBITDA of -₹72,870 (EBITDA margin -9.2%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashapuramarine.com.
Company details
Contact details
Ashapura Marinetech Private Limited's registered office is in Gujarat. Its website is ashapuramarine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address310 Plaza Centre Gandhidham388 210 Kutch, Gujarat, India
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Ashapura Marinetech 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 Ashapura Marinetech is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Ashapura Marinetech Private Limited, buy the company report.
Financials of Ashapura Marinetech Private Limited
FY 2022 filings availableAshapura Marinetech Private Limited reported revenue of ₹7.93 Lakh (down 80% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 80% fall in the latest year. EBITDA fell 144% 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
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| EBITDA | -₹72,870 | ||||
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| Net Profit (PAT) | -₹73,790 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | -9.3% | ||||
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To see the full financial statements and ratios of Ashapura Marinetech Private Limited, buy the company report.
Board of directors of Ashapura Marinetech Private Limited
Ashapura Marinetech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prithvipalsingh Bhanwar Chauhan | Director | 21 Nov 2005 | 20 Years 11 Months | Current |
| Bhanwersingh Gheesasingh Chauhan | Director | 21 Nov 2005 | 20 Years 11 Months | Current |
Auditor
Ashapura Marinetech Private Limited is audited by RAJIV SINGH & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV SINGH & ASSOCIATES LLP | FY 2021 | 128658W |
Shareholding
The shareholding of Ashapura Marinetech Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashapura Marinetech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashapura Marinetech 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 Ashapura Marinetech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashapura Marinetech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashapura Marinetech Private Limited, buy the company report.
Recent activity
Ashapura Marinetech Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Rajendra Singh Chauhan ceased to be Director on 05 Jul 2018.
Frequently asked questions
Ashapura Marinetech is an active private limited company based in Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 21 November 2005 (21+ years old) and is registered under CIN U35117GJ2005PTC047103.
Ashapura Marinetech has 2 current directors:
- Prithvipalsingh Bhanwar Chauhan - Director
- Bhanwersingh Gheesasingh Chauhan - Director
The latest financial statements of Ashapura Marinetech 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.
No. Ashapura Marinetech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashapura Marinetech is U35117GJ2005PTC047103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashapura Marinetech was incorporated on 21 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajendra Singh Chauhan ceased to be Director on 05 Jul 2018. Bhanwersingh Gheesasingh Chauhan was appointed as Director on 21 Nov 2005. Prithvipalsingh Bhanwar Chauhan was appointed as Director on 21 Nov 2005.
Ashapura Marinetech can be reached through the website ashapuramarine.com. Its registered office is in Gujarat, India.
The registered office of Ashapura Marinetech is at 310 Plaza Centre Gandhidham388 210 Kutch, Gujarat, India.
Ashapura Marinetech operates in the machinery and equipment industry, in the industrial products retail and distribution segment.