About Aashirwad Industries Private Limited
Data last updated:
Aashirwad Industries Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction materials segment of the manufacturing sector. It was incorporated on 29 July 2004.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U45201PN2004PTC019574. Its GSTIN is 27AACCR8039H1Z6 (Maharashtra).
The company had an authorised share capital of ₹6.1 Cr and a paid-up capital of ₹9.9 Lakh. It was formerly known as R R Tupe Builders Private Limited. It was led by directors including Manuj Garg and Akul Bansal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 94/2 Tukaram Nagar Manjaribudruk Tal Haveli Dist, Pune, Maharashtra, India – 412307.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.01 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹2.98 Cr (net margin -37.2%) and EBITDA of ₹19.57 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
As per MCA filings, the company had open charges of ₹28.32 Cr and satisfied charges of ₹11 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it.
The last known website on record is viswasroofings.com.
Company details
Contact details
Aashirwad Industries Private Limited's registered office is in Pune, Maharashtra. Its website is viswasroofings.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address94/2 Tukaram Nagar Manjaribudruk Tal Haveli Dist, Pune, Maharashtra, India – 412307
- IndustryManufacturing, Construction Materials
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
Business activity
The main business activity of Aashirwad Industries is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other 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 2022 filings availableAashirwad Industries Private Limited reported revenue of ₹8.01 Cr (down 63% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 93% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹19.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | -37.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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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 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manuj Garg | Director | 07 Aug 2023 | 3 Years 2 Months | As last reported |
| Ganesh Dattatray Nimbalkar | Additional Director | 16 Aug 2024 | 2 Years 2 Months | As last reported |
| Akul Bansal | Director | 07 Aug 2023 | 3 Years 2 Months | As last reported |
| Saloni Aggarwal Also directs: Aashirwad Industries Private Limited | Director | 07 Aug 2023 | 3 Years 2 Months | As last reported |
| Karan Rahul Tupe Also directs: Aashirwad Industries Private Limited, R. R. Tupe Builders Private Limited, Aashirwad Industries and Roofings LLP and 1 more | Director | 01 Aug 2016 | 10 Years 2 Months | As last reported |
| Rahul Ramdas Tupe | Director | 30 Jul 2004 | 22 Years 2 Months | As last reported |
Auditor
Aashirwad Industries Private Limited is audited by R G MUNDADA AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G MUNDADA AND CO | FY 2021 | 106685W |
Shareholding
The shareholding of Aashirwad Industries Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| 22 Mar 2022 | 100588134 | Indian Bank | ₹3.54 Cr | Open | |
| 04 Mar 2021 | 100436459 | Others | ₹1.87 Cr | Open | |
| 04 Mar 2021 | 100436516 | Others | ₹2.19 Cr | Open | |
| 04 Mar 2021 | 100436468 | Others | ₹1.71 Cr | Open | |
| 04 Jan 2017 | 100071647 | Indian Bank | ₹2 Cr | Open |
To see the full charge records of Aashirwad Industries Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Aashirwad Industries Private Limited has 7 court cases on record: 2 filed by Aashirwad Industries, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| NCLT | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by M/S. Shri Rani Sati Traders | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | 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.
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: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR8039H1Z6 | Maharashtra | Active | 01 Sep 2018 |
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 7 board changes on record since 2004: 6 appointments and 1 cessation. The latest: Ganesh Dattatray Nimbalkar was appointed as Additional Director on 16 Aug 2024.
7 earlier events are in the company report.
Frequently asked questions
Aashirwad Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aashirwad Industries was a private limited company based in Pune, Maharashtra, India. The company worked in construction materials, within the manufacturing industry. It was incorporated on 29 July 2004 and is registered under CIN U45201PN2004PTC019574. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aashirwad Industries was incorporated on 29 July 2004. It is registered with the Registrar of Companies, Pune.
Aashirwad Industries had 6 directors:
- Manuj Garg - Director
- Ganesh Dattatray Nimbalkar - Additional Director
- Akul Bansal - Director
- Saloni Aggarwal - Director
- Karan Rahul Tupe - Director
- Rahul Ramdas Tupe - Director
The CIN (Corporate Identification Number) of Aashirwad Industries is U45201PN2004PTC019574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aashirwad Industries is at 942 Tukaram Nagar Manjaribudruk Tal Haveli Dist, Pune, Maharashtra, India – 412307.
Aashirwad Industries can be reached through the website viswasroofings.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Aashirwad Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Aashirwad Industries is 27AACCR8039H1Z6, registered in Maharashtra.
Aashirwad Industries operated in the manufacturing industry, in the construction materials segment.