
About Ind-Infra Developers Private Limited
Data last updated:
Ind-Infra Developers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2017PTC096369.
The company has an authorised share capital of ₹186 Cr and a paid-up capital of ₹7 Cr. It was formerly known as Oreva Developers Private Limited and Ajanta Developers Private Limited. It is led by directors including Jaysukhbhai Odhavjibhai Bhalodia and Manojkumar Hasmukhbhai Modi.
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 Orevahouse E – Thirdfloor Titaniumsquare Thaltejcrossroad S.G.Highway Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.29 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 59.8%) and EBITDA of ₹1.94 Cr (EBITDA margin 84.5%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
Its group structure includes 2 subsidiaries.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skeiron.com.
Company details
Name history
Ind-Infra Developers has undergone 3 name changes throughout its history. The company was previously known as Oreva Developers Private Limited, Ajanta Developers Private Limited, and Atulya Renewables Private Limited. The current legal name is Ind-Infra Developers Private Limited.
| Company Name | Status |
|---|---|
| Ind-Infra Developers Private Limited | Current |
| Oreva Developers Private Limited | Previous |
| Ajanta Developers Private Limited | Previous |
| Atulya Renewables Private Limited | Previous |
Contact details
Ind-Infra Developers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is skeiron.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOrevahouse E – Thirdfloor Titaniumsquare Thaltejcrossroad S.G.Highway Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ind-Infra Developers 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 Ind-Infra Developers Private Limited
FY 2024 filings availableInd-Infra Developers Private Limited reported revenue of ₹2.29 Cr (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 43% fall in the latest year. EBITDA fell 97% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.37 Cr | ||||
| 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.5% | ||||
| Net Profit Margin | 59.8% | ||||
| 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 Ind-Infra Developers Private Limited, buy the company report.
Board of directors of Ind-Infra Developers Private Limited
Ind-Infra Developers has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaysukhbhai Odhavjibhai Bhalodia Also directs: Ajanta Manufacturing Private Limited, Oreva Energy Private Limited, Ajanta Energy Private Limited and 2 more | Director | 22 Oct 2020 | 6 Years 0 Months | Current |
| Manojkumar Hasmukhbhai Modi | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Chintan Jaysukhbhai Bhalodia Also directs: Ajanta Manufacturing Private Limited, Oreva Energy Private Limited, Ajanta Energy Private Limited and 3 more | Director | 22 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Ind-Infra Developers Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Broking Services, Infrastructure Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaish Infracon Private Limited | ₹2.3 Cr (FY 2019) | 133.0% | Panipat, Haryana, India | |||
| Newwave Commosale Limited | ₹2.3 Cr (FY 2023) | 401.0% | Kolkata, West Bengal, India | |||
| Finance Monitor (India) Pvt Ltd | ₹2.3 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Trans India Shipping Services Private Limited | ₹2.3 Cr (FY 2025) | 63.0% | Chennai, Tamil Nadu, India | |||
| Stock Lounge Limited | ₹2.3 Cr (FY 2025) | 136.0% | Mumbai, Maharashtra, India | |||
| Ind-Infra Developers Private Limitedthis company | ₹2.29 Cr (FY 2025) | ₹1.37 Cr | 59.8% | -43.0% | Ahmedabad, Gujarat, India | |
| Kshitij Commodities Private Limited | ₹2.29 Cr (FY 2017) | 270.0% | New Delhi, Delhi, India | |||
| Bhavishya Investserve Private Limited | ₹2.29 Cr (FY 2024) | -71.0% | New Delhi, Delhi, India | |||
| Rajdeep Publicity Private Limited | ₹2.29 Cr (FY 2025) | -5.0% | Ahmednagar, Maharashtra, India | |||
| Ahlsburg Commercial Office Private Limited | ₹2.29 Cr (FY 2025) | Mumbai, Maharashtra, India | ||||
| Flowtex Infra Development Co. Private Limited | ₹2.29 Cr (FY 2025) | 246.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ind-Infra Developers Private Limited, buy the company report.
Auditor
Ind-Infra Developers Private Limited is audited by S A C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A C & CO LLP | FY 2023 | W100257 |
Shareholding
The shareholding of Ind-Infra Developers 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ind-Infra Developers Private Limited, buy the company report.
Legal cases
Ind-Infra Developers Private Limited has 1 court case on record: 1 filed by Ind-Infra Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Company petition | Filed by the company | Disposed |
To see the full case history of Ind-Infra Developers 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 Ind-Infra Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ind-Infra Developers has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aspen Infra Padubidri Private Limited | U45100GJ2017PTC097411 | |
| Aspenpark Infra Coimbatore Private Limited | U45100GJ2017PTC097417 |
To see the full group structure of Ind-Infra Developers Private Limited, buy the company report.
GST
No GST registration is on our record for Ind-Infra Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ind-Infra Developers Private Limited has 9 board changes on record since 2018: 3 appointments and 6 cessations. The latest: Manojkumar Hasmukhbhai Modi was appointed as Director on 01 Aug 2022.
Frequently asked questions
Ind-Infra Developers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 March 2017 (9+ years old) and is registered under CIN U40106GJ2017PTC096369.
Ind-Infra Developers has 3 current directors:
- Jaysukhbhai Odhavjibhai Bhalodia - Director
- Manojkumar Hasmukhbhai Modi - Director
- Chintan Jaysukhbhai Bhalodia - Director
The latest financial statements of Ind-Infra Developers 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Ind-Infra Developers is U40106GJ2017PTC096369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ind-Infra Developers has 1 court case on record: 1 filed by the company.
Ind-Infra Developers was incorporated on 20 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ind-Infra Developers by revenue are Jaish Infracon Private Limited, Newwave Commosale Limited, Finance Monitor (India) Pvt Ltd, Trans India Shipping Services Private Limited, Stock Lounge Limited and 5 more, all in the Infrastructure industry (Broking Services, Infrastructure Services).
Manojkumar Hasmukhbhai Modi was appointed as Director on 01 Aug 2022. Jitendra Ranchhodbhai Tanti ceased to be Director on 31 Oct 2020. Manojkumar Hasmukhbhai Modi ceased to be Director on 31 Oct 2020. Ind-Infra Developers has 9 board changes on record in total.
Ind-Infra Developers can be reached through the website skeiron.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ind-Infra Developers is at Orevahouse E – Thirdfloor Titaniumsquare Thaltejcrossroad S.G.Highway Thaltej, Ahmedabad, Gujarat, India – 380054.
Ind-Infra Developers operates in the financial services industry, in the brokerage and trading services segment.

