Ashvika Construction Private Limited
About Ashvika Construction Private Limited
Data last updated:
Ashvika Construction Private Limited was a private limited company based in Vapi, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 28 October 1994.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1994PTC023461.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹3 Cr. It was led by directors Dakshaben Ashishbhai Tachak and Vikram Tachak Bhagwanji.
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 was at Gokul Market Off No. 5 At – Po – Vapi Village Vapi Taluka Pardi, Gujarat, India – 396191.
As per the financials filed for FY 2022, the company reported a revenue of ₹16,000, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹9,000 (net margin -56.2%) and EBITDA of -₹9,000 (EBITDA margin -56.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Contact details
Ashvika Construction Private Limited's registered office is in Vapi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGokul Market Off No. 5 At – Po – Vapi Village Vapi Taluka Pardi, Gujarat, India – 396191
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ashvika Construction 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
Financials of Ashvika Construction Private Limited
FY 2022 filings availableAshvika Construction Private Limited reported revenue of ₹16,000 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 99% fall in the latest year. EBITDA fell 101% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9,000 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -56.2% | ||||
| Net Profit Margin | -56.2% | ||||
| 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 Ashvika Construction Private Limited, buy the company report.
Board of directors of Ashvika Construction Private Limited
Ashvika Construction has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshaben Ashishbhai Tachak Also directs: Ashvika Construction LLP | Director | 29 Feb 2020 | 6 Years 7 Months | As last reported |
| Vikram Tachak Bhagwanji Also directs: Ashvika Construction LLP, Parasmani Granite Private Limited | Director | 28 Oct 1994 | 31 Years 11 Months | As last reported |
Peer comparison
Ashvika Construction Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supadha Constructions Private Limited | ₹16,110 (FY 2025) | -100.0% | Hyderabad, Telangana, India | |||
| Bajwa Land Developers and Promotors Private Limited | ₹16,072 (FY 2022) | 0.0% | Ropar, Punjab, India | |||
| Saurabh Constructions Pvt Ltd | ₹16,064 (FY 2025) | Neemuch, Madhya Pradesh, India | ||||
| Kirti Creators Private Limited | ₹16,064 (FY 2020) | -100.0% | Thane, Maharashtra, India | |||
| Paras Deep Buildtech Private Limited | ₹16,011 (FY 2024) | 0.0% | Gurgaon, Haryana, India | |||
| Ashvika Construction Private Limitedthis company | ₹16,000 (FY 2022) | -₹9,000 | -56.2% | -99.0% | Vapi, Gujarat, India | |
| Marvel Green Energy Limited | ₹16,000 (FY 2024) | 14.0% | Chennai, Tamil Nadu, India | |||
| St Soldier Housing and Construction Private Limited | ₹16,000 (FY 2025) | Delhi, India | ||||
| Vub Projects Private Limited | ₹16,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Chalana Properties Private Limited | ₹16,000 (FY 2025) | -18.0% | Delhi, India | |||
| Manmohan Homes Private Limited | ₹16,000 (FY 2024) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ashvika Construction Private Limited, buy the company report.
Auditor
Ashvika Construction Private Limited is audited by Kakaria & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kakaria & Associates | FY 2022 | 104558W |
Shareholding
The shareholding of Ashvika Construction Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Ashvika Construction Private Limited, buy the company report.
Legal cases
Ashvika Construction Private Limited has 4 court cases on record: 2 filed by Ashvika Construction, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by The State of Gujarat | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by The State of Gujarat | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against Govt. of India & Ors. F+ | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against Govt.Of India & Ors. | Disposed |
To see the full case history of Ashvika Construction 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
No delayed payments to MSME suppliers are on our record for Ashvika Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ashvika Construction Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashvika Construction Private Limited has 6 board changes on record since 1994: 2 appointments and 4 cessations. The latest: Ripan Vikram Tachak ceased to be Director on 01 Mar 2020.
Frequently asked questions
Ashvika Construction has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ashvika Construction was a private limited company based in Vapi, Gujarat, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 28 October 1994 and is registered under CIN U45201GJ1994PTC023461. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ashvika Construction is U45201GJ1994PTC023461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashvika Construction had 2 directors:
- Dakshaben Ashishbhai Tachak - Director
- Vikram Tachak Bhagwanji - Director
Ashvika Construction was incorporated on 28 October 1994. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Ashvika Construction is at Gokul Market Off No. 5 At – Po – Vapi Village Vapi Taluka Pardi, Gujarat, India – 396191.
The latest financial statements of Ashvika Construction 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.
Ashvika Construction operated in the infrastructure and utilities industry, in the general construction services segment.
The peers of Ashvika Construction by revenue are Supadha Constructions Private Limited, Bajwa Land Developers and Promotors Private Limited, Saurabh Constructions Pvt Ltd, Kirti Creators Private Limited, Paras Deep Buildtech Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Ashvika Construction has 4 court cases on record: 2 filed by the company and 2 filed against it.
Ripan Vikram Tachak ceased to be Director on 01 Mar 2020. Dakshaben Ashishbhai Tachak was appointed as Director on 29 Feb 2020. Ashwin Becharbhai Patel ceased to be Director on 02 Jul 2019. Ashvika Construction has 6 board changes on record in total.