MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0127957
Ashcon Developers Private Limited
Ashcon Developers Private Limited - real estate and construction in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹4.85 Cr
Latest filing
Net profit · FY 2024
₹28.26 Lakh
Net margin 5.8%
EBITDA · FY 2024
₹35.75 Lakh
EBITDA margin 7.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ashcon Developers Private Limited
Data last updated:
Ashcon Developers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 April 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45209TN2022PTC151545. Its GSTIN is 33AAGCI6271A1ZY (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Selvam Lokesh (Managing Director) and Selvam Meena.
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 13/4/S.F – 2(22/4) North Mada Street Srinagar Colony Saidapet, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.85 Cr. For the same year it recorded a net profit of ₹28.26 Lakh (net margin 5.8%) and EBITDA of ₹35.75 Lakh (EBITDA margin 7.4%).
Ashcon Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0127957).
Company details
CIN U45209TN2022PTC151545
Registration Number 151545
Incorporation Date 20 April 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0127957
Recognitions & Rankings of Ashcon Developers
Contact details
Ashcon Developers Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address13/4/S.F – 2(22/4) North Mada Street Srinagar Colony Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Ashcon Developers 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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Secure checkout · GST invoice included
Business activity
The main business activity of Ashcon Developers is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Ashcon Developers Private Limited, buy the company report.
Financials of Ashcon Developers Private Limited
FY 2025 filings availableAshcon Developers Private Limited reported revenue of ₹4.85 Cr for FY 2024.
Revenue · FY 2024
₹4.85 Cr
Net profit · FY 2024
₹28.26 Lakh margin 5.8%
EBITDA · FY 2024
₹35.75 Lakh margin 7.4%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹35.75 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹28.26 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.4% | |
| Net Profit Margin | 5.8% | |
| 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 Ashcon Developers Private Limited, buy the company report.
Board of directors of Ashcon Developers Private Limited
Ashcon Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvam Meena | Director | 20 Apr 2022 | 4 Years 6 Months | Current |
| Selvam Lokesh | Managing Director | 09 May 2022 | 4 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Ashcon Developers 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 Ashcon Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashcon Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCI6271A1ZY | Tamil Nadu | Active | 04 May 2022 |
To see the full GST registrations and return filing status of Ashcon Developers Private Limited, buy the company report.
Recent activity
Ashcon Developers Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Navin Sekar ceased to be Director on 18 Jul 2023.
AGM
Ashcon Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashcon Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Navin Sekar ceased to be Director.
Ceased
Selvam Lokesh ceased to be Director.
Appointed
Selvam Lokesh was appointed as Managing Director.
Appointed
Selvam Meena was appointed as Director.
Incorporation
20 Apr 2022
Ashcon Developers Private Limited was registered on 20 Apr 2022 with Roc Chennai & aged 4 years 6 months as per MCA records.
Frequently asked questions
Ashcon Developers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 April 2022 (4+ years old) and is registered under CIN U45209TN2022PTC151545.
Ashcon Developers has 2 current directors:
- Selvam Lokesh - Managing Director
- Selvam Meena - Director
The latest financial statements of Ashcon Developers 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 2023 are in the company report.
The GSTIN of Ashcon Developers is 33AAGCI6271A1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ashcon Developers is U45209TN2022PTC151545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashcon Developers was incorporated on 20 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
Navin Sekar ceased to be Director on 18 Jul 2023. Selvam Lokesh ceased to be Director on 01 Apr 2023. Selvam Lokesh was appointed as Managing Director on 09 May 2022. Ashcon Developers has 4 board changes on record in total.
Yes, Ashcon Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0127957).
The registered office of Ashcon Developers is at 134S.F – 2224 North Mada Street Srinagar Colony Saidapet, Chennai, Tamil Nadu, India – 600015.
Ashcon Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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