Aashi Greenscape Private Limited
About Aashi Greenscape Private Limited
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Aashi Greenscape Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2013PTC073541. Its GSTIN is 24AALCA3477B3ZU (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chirag Pradipkumar Sheth and Sanjay Pradipkumar Sheth.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 11 Gopinath Apartments Society Near Dungarshinagar Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2019, the company reported a revenue of ₹98.81 Lakh, a growth of 72% compared to the previous year. For the same year it recorded a net loss of ₹62,679 (net margin -0.6%) and EBITDA of ₹51.37 Lakh (EBITDA margin 52%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹3 Cr on record. Court records list 48 cases involving the company, including 3 filed by the company and 45 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aashi Greenscape Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 Gopinath Apartments Society Near Dungarshinagar Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aashi Greenscape 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 Aashi Greenscape 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 Aashi Greenscape Private Limited, buy the company report.
Financials of Aashi Greenscape Private Limited
FY 2020 filings availableAashi Greenscape Private Limited reported revenue of ₹98.81 Lakh (up 72% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 72% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 398% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹51.37 Lakh | ||||
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| Net Profit (PAT) | -₹62,679 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 52% | ||||
| Net Profit Margin | -0.6% | ||||
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To see the full financial statements and ratios of Aashi Greenscape Private Limited, buy the company report.
Board of directors of Aashi Greenscape Private Limited
Aashi Greenscape has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Pradipkumar Sheth Also directs: Shree Harikrishna Infrastructure LLP | Additional Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Chirag Pradipkumar Sheth | Director | 13 May 2014 | 12 Years 5 Months | Current |
Auditor
Aashi Greenscape Private Limited is audited by RAJESHKUMAR P SHAH & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESHKUMAR P SHAH & CO | FY 2016 | 129110W |
Shareholding
The shareholding of Aashi Greenscape Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aashi Greenscape Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2018 | 100221465 | Others | ₹4 Cr | Open | |
| 30 Jul 2014 | 10515189 | Au Financiers (India) Limited | ₹3 Cr | Satisfied |
To see the full charge records of Aashi Greenscape Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aashi Greenscape Private Limited has 48 court cases on record: 3 filed by Aashi Greenscape, 45 filed against it. 12 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 27 | 12 |
| High courts | 19 | 18 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by India Home Loan Limited Through Sign Auth. Mr. Maulesh Popat | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by India Home Loan Limited Through Its Signatory Authority Maulesh Popat | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Bandhan Bank Ltd-Gohil Redrik Silvansbhai | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Rajkot Golden Logistics Private Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by India Home Loan Limited | Disposed |
To see the full case history of Aashi Greenscape 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 Aashi Greenscape Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aashi Greenscape has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA3477B3ZU | Gujarat | Active | 14 Sep 2017 |
To see the full GST registrations and return filing status of Aashi Greenscape Private Limited, buy the company report.
Recent activity
Aashi Greenscape Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Nishi Chirag Sheth ceased to be Director on 14 Aug 2024.
4 earlier events are in the company report.
Frequently asked questions
Aashi Greenscape is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 February 2013 (13+ years old) and is registered under CIN U45201GJ2013PTC073541.
Aashi Greenscape has 2 current directors:
- Sanjay Pradipkumar Sheth - Additional Director
- Chirag Pradipkumar Sheth - Director
The latest financial statements of Aashi Greenscape on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Aashi Greenscape is 24AALCA3477B3ZU, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Aashi Greenscape is U45201GJ2013PTC073541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aashi Greenscape has 48 court cases on record: 3 filed by the company and 45 filed against it. 12 are pending. Most are in the district courts.
Aashi Greenscape was incorporated on 12 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nishi Chirag Sheth ceased to be Director on 14 Aug 2024. Sanjay Pradipkumar Sheth was appointed as Additional Director on 13 Aug 2024. Chintan Thakorbhai Patel ceased to be Director on 14 Nov 2018. Aashi Greenscape has 10 board changes on record in total.
The registered office of Aashi Greenscape is at 11 Gopinath Apartments Society Near Dungarshinagar Paldi, Ahmedabad, Gujarat, India – 380007.
Aashi Greenscape operates in the real estate and construction industry, in the real estate builders and developers segment.
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