- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0031281

About Aaryavart Infrastructure Private Limited
Data last updated:
Aaryavart Infrastructure Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 31 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45203GJ2002PTC040812. Its GSTIN is 24AADCA4844Q1ZC (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4.2 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Shailesh Kumar Jashvantray Bhatt and Deep Gadhecha Sureshbhai.
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 Ff 17/A Pariseema Complex C. G. Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.29 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Cr (net margin 2.6%) and EBITDA of ₹5.66 Cr (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 10% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Icon RMC and Aaryavart Infrastructure. As per MCA filings, the company has open charges of ₹42.22 Cr and satisfied charges of ₹37.71 Cr on record. Court records list 35 cases involving the company, including 11 filed by the company and 24 filed against it; 10 cases are pending.
Aaryavart Infrastructure Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0031281). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aaryavartinfra.com.
Company details
Recognitions & Rankings of Aaryavart Infrastructure
Contact details
Aaryavart Infrastructure Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aaryavartinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFf 17/A Pariseema Complex C. G. Road, Ahmedabad, Gujarat, India – 380009
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Aaryavart Infrastructure 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
Brands
Aaryavart Infrastructure operates two associated brands: Icon RMC and Aaryavart Infrastructure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures ready mix concrete and provides construction services in Ahmedabad. | iconrmc.com | |
| Construction services, material trading, and project management in India. | aaryavartinfra.com |
Business activity
The main business activity of Aaryavart Infrastructure is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Aaryavart Infrastructure Private Limited, buy the company report.
Financials of Aaryavart Infrastructure Private Limited
FY 2024 filings availableAaryavart Infrastructure Private Limited reported revenue of ₹55.29 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.66 Cr | ||||
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| Net Profit (PAT) | ₹1.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Aaryavart Infrastructure Private Limited, buy the company report.
Board of directors of Aaryavart Infrastructure Private Limited
Aaryavart Infrastructure 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 |
|---|---|---|---|---|
| Shailesh Kumar Jashvantray Bhatt Also directs: Aaryavart Infrabuild LLP, Aaryaman Infraprojects LLP | Director | 15 Nov 2006 | 19 Years 11 Months | Current |
| Deep Gadhecha Sureshbhai | Director | 29 Oct 2015 | 10 Years 11 Months | Current |
Peer comparison
Aaryavart Infrastructure Private Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Construction Materials Retail and Distribution, Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apaar Infratech Private Limited | ₹55.39 Cr (FY 2024) | 33.0% | Dadri, Uttar Pradesh, India | |||
| SKS Nirman Vaanijay Private Limited | ₹55.39 Cr (FY 2025) | 48.0% | Jhajjar, Haryana, India | |||
| Lakho Infra Private Limited | ₹55.31 Cr (FY 2025) | -3.0% | Buxar, Bihar, India | |||
| Aaryavart Infrastructure Private Limitedthis company | ₹55.29 Cr (FY 2024) | ₹1.44 Cr | 2.6% | 29.0% | 10 | Ahmedabad, Gujarat, India |
| Auspicious Construction Company Private Limited | ₹55.03 Cr (FY 2025) | -41.0% | Delhi, India | |||
| R. S. Agrawal Infratech Private Limited | ₹55.02 Cr (FY 2024) | 63.0% | Ranchi, Jharkhand, India | |||
| Sukhdevraj Sharma Engineers and Contractors Private Limited | ₹55 Cr (FY 2025) | 19.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Aaryavart Infrastructure Private Limited, buy the company report.
Auditor
Aaryavart Infrastructure Private Limited is audited by J. S. SHAH & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. S. SHAH & COMPANY | FY 2023 | 138488 |
Shareholding
The shareholding of Aaryavart Infrastructure 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 Aaryavart Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2025 | 101057138 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 03 Dec 2024 | 101029758 | Others | ₹40.5 Lakh | Open | |
| 02 Aug 2024 | 100960081 | Yes Bank Limited | ₹1.23 Cr | Open | |
| 18 Jul 2024 | 100951932 | Hdfc Bank Limited | ₹1.36 Cr | Open | |
| 09 Jul 2024 | 100946443 | Hdfc Bank Limited | ₹1.48 Cr | Open |
To see the full charge records of Aaryavart Infrastructure Private Limited, buy the company report.
Total charge records: 72 View all charges
Legal cases
Aaryavart Infrastructure Private Limited has 35 court cases on record: 11 filed by Aaryavart Infrastructure, 24 filed against it. 10 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 17 | 8 |
| High courts | 11 | 7 | 2 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd. | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (CR EN) | Filed against the company by Greenstone Enterprise Pvt Ltd Director Kiritsinh P Vaghela | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SMST R) | Filed against the company by Vasani Polymers Pvt.Ltd T/H Its Director Mr.Maheshkumar Keshavlal Patel | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Parmeshwar Cement Pvt Ltd and 2 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Sardar Sarovar Narmada Nigam Limited and 2 others | Disposed |
To see the full case history of Aaryavart Infrastructure 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 Aaryavart Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aaryavart Infrastructure Private Limited has a workforce of 10 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Aaryavart Infrastructure has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA4844Q1ZC | Gujarat | Active | 01 Jul 2017 |
| 23AADCA4844Q2ZD | Madhya Pradesh | Active | 25 Nov 2018 |
To see the full GST registrations and return filing status of Aaryavart Infrastructure Private Limited, buy the company report.
Recent activity
Aaryavart Infrastructure Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Deep Gadhecha Sureshbhai ceased to be Additional Director on 30 Sep 2016.
112 earlier events are in the company report.
Frequently asked questions
Aaryavart Infrastructure is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 31 May 2002 (24+ years old) and is registered under CIN U45203GJ2002PTC040812.
Aaryavart Infrastructure has 2 current directors:
- Shailesh Kumar Jashvantray Bhatt - Director
- Deep Gadhecha Sureshbhai - Director
The latest financial statements of Aaryavart Infrastructure 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 Aaryavart Infrastructure is 24AADCA4844Q1ZC, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AADCA4844Q2ZD (Madhya Pradesh).
The CIN (Corporate Identification Number) of Aaryavart Infrastructure is U45203GJ2002PTC040812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaryavart Infrastructure has 35 court cases on record: 11 filed by the company and 24 filed against it. 10 are pending. Most are in the district courts.
Aaryavart Infrastructure was incorporated on 31 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aaryavart Infrastructure by revenue are Apaar Infratech Private Limited, SKS Nirman Vaanijay Private Limited, Lakho Infra Private Limited, Auspicious Construction Company Private Limited, R. S. Agrawal Infratech Private Limited and 1 more, all in the Infrastructure industry (Construction Materials Retail and Distribution, Construction Services), with the same principal business activity (buildings).
Deep Gadhecha Sureshbhai ceased to be Additional Director on 30 Sep 2016. Sureshbhai Ugarchand Gadhecha ceased to be Director on 30 Oct 2015. Deep Gadhecha Sureshbhai was appointed as Director on 29 Oct 2015. Aaryavart Infrastructure has 6 board changes on record in total.
Yes, Aaryavart Infrastructure is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0031281).
Aaryavart Infrastructure can be reached through the website aaryavartinfra.com. Its registered office is in Ahmedabad, Gujarat, India.