Aashirvad Heritage Private Limited

Aashirvad Heritage Private Limited - fashion and textile in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U51909WB1999PTC088905 Incorporated 05 March 1999 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company fashion and textile MSME · Medium
Data last updated
Revenue · FY 2025
₹64.14 Cr
▼ 3% YoY
Net profit · FY 2025
₹1.52 Cr
Net margin 2.4%
EBITDA · FY 2025
₹3.65 Cr
EBITDA margin 5.7%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹52.52 Lakh
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹10.35 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
32
Provident fund records

About Aashirvad Heritage Private Limited

Data last updated:

Aashirvad Heritage Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 05 March 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1999PTC088905. Its GSTIN is 19AACCA5992Q1ZT (West Bengal).

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹52.52 Lakh. It is led by directors including Tanmay Makharia and Ruchi Makharia.

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 111 Park Street 4th Floor Ps Park Street, Kolkata, West Bengal, India – 700016.

As per the financials filed for FY 2025, the company reported a revenue of ₹64.14 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.52 Cr (net margin 2.4%) and EBITDA of ₹3.65 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.

The company has about 32 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹10.35 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.

Aashirvad Heritage Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0008573). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aashirvadsaree.com.

Company details

CIN U51909WB1999PTC088905
Registration Number 088905
Incorporation Date 05 March 1999
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0008573
Key People
Tanmay Makharia Director Ruchi Makharia Director Aditya Kumar Makharia Director

Recognitions & Rankings of Aashirvad Heritage

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-WB-10-0008573

Contact details

Aashirvad Heritage Private Limited's registered office is in Kolkata, West Bengal. Its website is aashirvadsaree.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aashirvadsaree.com
  • Social Media
  • Apps
  • Registered Address
    111 Park Street 4th Floor Ps Park Street, Kolkata, West Bengal, India – 700016
  • Industry
    Fashion and Textile, Traditional & Ethnic Wear

To see the full contact details of Aashirvad Heritage Private Limited, buy the company report.

Comprehensive company report
Aashirvad Heritage 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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Business activity

The main business activity of Aashirvad Heritage is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
GTradeG2Retail Trading

To see the full business activity and turnover split of Aashirvad Heritage Private Limited, buy the company report.

Financials of Aashirvad Heritage Private Limited

FY 2024 filings available

Aashirvad Heritage Private Limited reported revenue of ₹64.14 Cr (down 3% YoY) for FY 2025.

Revenue · FY 2025
₹64.14 Cr ▼ 3%
Net profit · FY 2025
₹1.52 Cr margin 2.4%
EBITDA · FY 2025
₹3.65 Cr margin 5.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 13%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 15%
5 years · compounded
▲ 9%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 19% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.65 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.52 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.7%
Net Profit Margin2.4%
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 Aashirvad Heritage Private Limited, buy the company report.

Board of directors of Aashirvad Heritage Private Limited

Aashirvad Heritage has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tanmay Makharia
Also directs: Nilambur Commodities Private Limited., Athome Multimedia Private Limited
Director12 Aug 20215 Years 2 MonthsCurrent
Ruchi Makharia
Also directs: Makharia Services LLP, Vishwaratan Tradelink Pvt Ltd, Athome Multimedia Private Limited
Director01 Dec 200520 Years 11 MonthsCurrent
Aditya Kumar Makharia
Also directs: Makharia Services LLP, Vishwaratan Tradelink Pvt Ltd, Nilambur Commodities Private Limited. and 2 more
Director05 Mar 199927 Years 8 MonthsCurrent
View all directors

Auditor

Aashirvad Heritage Private Limited is audited by CHOUDHARY SHARMA AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CHOUDHARY SHARMA AND ASSOCIATESFY 2023318065E

Shareholding

The shareholding of Aashirvad Heritage 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aashirvad Heritage Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7 Cr
Satisfied charges
₹10.35 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹7.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Sep 201410522515Hdfc Bank Limited₹7 CrOpen
06 Sep 201410519341Hdfc Bank Limited₹7 CrSatisfied
25 May 201210358155Kotak Mahindra Bank Limited₹1 CrSatisfied
28 Apr 200910161569State Bank of Bikaner and Jaipur₹1.5 CrSatisfied
11 Jan 200090248001State Bank of Bikaner & Jaipur₹85 LakhSatisfied

To see the full charge records of Aashirvad Heritage Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aashirvad Heritage Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Aashirvad Heritage has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Athome Multimedia Private LimitedU72900WB1999PTC088851

To see the full group structure of Aashirvad Heritage Private Limited, buy the company report.

Employees & EPFO

Aashirvad Heritage Private Limited has a workforce of 32 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
32
Active EPFO establishments
1
Employee growth
3.23%

GST

Aashirvad Heritage has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AACCA5992Q1ZTWest BengalActive03 Aug 2017

To see the full GST registrations and return filing status of Aashirvad Heritage Private Limited, buy the company report.

Recent activity

Aashirvad Heritage Private Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Damodar Prasad Makharia ceased to be Director on 12 Aug 2021.

AGM
Aashirvad Heritage Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 06 Sep 2014 via Charge ID 10519341 with Hdfc Bank Limited was fully satisfied on 12 Jul 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 04 Sep 2014 with Charge ID 10522515 was modified on 08 Jul 2024.
Filing
Aashirvad Heritage Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 06 Sep 2014 with Charge ID 10519341 was modified on 04 Feb 2023.
Ceased
Damodar Prasad Makharia ceased to be Director.
Appointed
Tanmay Makharia was appointed as Director.
Charges
A charge registered on 25 May 2012 via Charge ID 10358155 with Kotak Mahindra Bank Limited was fully satisfied on 01 Oct 2020.
Ceased
Chandra Devi Makharia ceased to be Director.
Charges
A charge registered on 11 Jan 2000 via Charge ID 90248001 with State Bank Of Bikaner & Jaipur was fully satisfied on 27 Oct 2016.
Ceased
Adarsh Kumar Makharia ceased to be Director.
Charges
A charge registered on 28 Apr 2009 via Charge ID 10161569 with State Bank Of Bikaner And Jaipur was fully satisfied on 18 Sep 2014.

10 earlier events are in the company report.

Frequently asked questions

Aashirvad Heritage is an active private limited company based in Kolkata, West Bengal, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 05 March 1999 (27+ years old) and is registered under CIN U51909WB1999PTC088905.

Aashirvad Heritage has 3 current directors:

The latest financial statements of Aashirvad Heritage 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 Aashirvad Heritage is 19AACCA5992Q1ZT, registered in West Bengal.

The CIN (Corporate Identification Number) of Aashirvad Heritage is U51909WB1999PTC088905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aashirvad Heritage has 2 court cases on record: 2 filed by the company. 1 is pending.

Aashirvad Heritage was incorporated on 05 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.

Damodar Prasad Makharia ceased to be Director on 12 Aug 2021. Tanmay Makharia was appointed as Director on 12 Aug 2021. Chandra Devi Makharia ceased to be Director on 29 Sep 2018. Aashirvad Heritage has 6 board changes on record in total.

Yes, Aashirvad Heritage is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0008573).

Aashirvad Heritage can be reached through the website aashirvadsaree.com. Its registered office is in Kolkata, West Bengal, India.