- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0113468

Aashirwad Industries Private Limited
About Aashirwad Industries Private Limited
Data last updated:
Aashirwad Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 20 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45100PN2009PTC148904. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Viswakarma Roofings (India) Private Limited. It is led by directors including Rahul Ramdas Tupe (Whole-Time Director) and Manuj Garg.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 94/2 Tukaram Tupe Nagar, Pune, Maharashtra, India – 412307.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.34 Lakh. For the same year it recorded a net loss of ₹1.77 Cr and EBITDA of -₹76.26 Lakh (EBITDA margin -497.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 62% over five years.
The company is associated with 1 brand: Ashirvad. As per MCA filings, the company has open charges of ₹26 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
Aashirwad Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0113468). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Aashirwad Industries has undergone 2 name changes throughout its history. The company was previously known as Viswakarma Roofings (India) Private Limited, and Aashirwad Industries Private Limited. The current legal name is Aashirwad Industries Private Limited.
| Company Name | Status |
|---|---|
| Aashirwad Industries Private Limited | Current |
| Viswakarma Roofings (India) Private Limited | Previous |
CIN history
Aashirwad Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45100PN2009PTC148904, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100PN2009PTC148904 | Current |
| U26953PN2009PTC148904 | Previous |
| U26953AP2009PTC065889 | Previous |
Recognitions & Rankings of Aashirwad Industries
Contact details
Aashirwad Industries Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address94/2 Tukaram Tupe Nagar, Pune, Maharashtra, India – 412307
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Aashirwad Industries 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
Aashirwad Industries operates one associated brand: Ashirvad. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| PVC and CPVC piping systems are manufactured for plumbing applications. | ashirvad.com |
Business activity
The main business activity of Aashirwad Industries is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Aashirwad Industries Private Limited, buy the company report.
Financials of Aashirwad Industries Private Limited
FY 2025 filings availableAashirwad Industries Private Limited reported revenue of ₹15.34 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. 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 | ₹15.34 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹76.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.77 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -497.3% | ||||
| Net Profit Margin | |||||
| 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 Aashirwad Industries Private Limited, buy the company report.
Board of directors of Aashirwad Industries Private Limited
Aashirwad Industries has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manuj Garg Also directs: Navnidhi Continental Private Limited | Director | 10 Dec 2024 | 1 Years 11 Months | Current |
| Saloni Aggarwal | Director | 10 Dec 2024 | 1 Years 11 Months | Current |
| Karan Rahul Tupe | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
| Rahul Ramdas Tupe Also directs: R. R. Tupe Builders Private Limited | Whole-Time Director | 16 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Aashirwad Industries Private Limited is audited by R G MUNDADA AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G MUNDADA AND CO | FY 2022 | 106685W |
Shareholding
The shareholding of Aashirwad Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aashirwad Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2025 | 101068514 | Canara Bank | ₹15 Cr | Open | |
| 18 Mar 2016 | 100020687 | Indian Bank | ₹11 Cr | Open |
To see the full charge records of Aashirwad Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aashirwad Industries Private Limited has 5 court cases on record: 3 filed by Aashirwad Industries, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (ARP) | Filed by the company against Nibhi Industries Private Limited, THR. Mr. S. A. Bhimaraja | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Narendra Kumar Jaiswal Prop. M/S Jaiswal Brothers | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against Nibhi Industries Private Litmited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Shri Rani Sati Traders | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Aashirwad Industries 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.
Credit ratings & regulatory alerts
Aashirwad Industries Private Limited was last rated by Care on 30 Jul 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Jul 2025 |
To see the full credit ratings and regulatory alerts of Aashirwad Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aashirwad Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aashirwad Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aashirwad Industries Private Limited, buy the company report.
Recent activity
Aashirwad Industries Private Limited has 11 board changes on record since 2010: 4 appointments and 7 cessations. The latest: Manuj Garg was appointed as Director on 10 Dec 2024.
5 earlier events are in the company report.
Frequently asked questions
Aashirwad Industries is an active private limited company based in Pune, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 20 November 2009 (17+ years old) and is registered under CIN U45100PN2009PTC148904.
Aashirwad Industries has 4 current directors:
- Rahul Ramdas Tupe - Whole-Time Director
- Manuj Garg - Director
- Saloni Aggarwal - Director
- Karan Rahul Tupe - Director
The latest financial statements of Aashirwad Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Aashirwad Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aashirwad Industries is U45100PN2009PTC148904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aashirwad Industries has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Aashirwad Industries was incorporated on 20 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Manuj Garg was appointed as Director on 10 Dec 2024. Saloni Aggarwal was appointed as Director on 10 Dec 2024. Karan Rahul Tupe was appointed as Director on 01 Aug 2016. Aashirwad Industries has 11 board changes on record in total.
Yes, Aashirwad Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0113468).
The registered office of Aashirwad Industries is at 942 Tukaram Tupe Nagar, Pune, Maharashtra, India – 412307.

