About Aastha Promoters & Developers Private Limited
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Aastha Promoters & Developers Private Limited is a private limited company based in Jamshedpur, Jharkhand, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U45200JH2007PTC012807. Its GSTIN is 20AAGCA3603G1ZF (Jharkhand).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Satish Kumar Gupta and Kamini Kaushal.
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 Aastha Trade Centre Q Road 2nd Floor Bistupur, Jamshedpur, Jharkhand, India – 831001.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.38 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹61.41 Lakh (net margin 4%) and EBITDA of ₹2.65 Cr (EBITDA margin 17.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.
The company is associated with 1 brand: Aastha Developers. As per MCA filings, the company has open charges of ₹123.87 Cr and satisfied charges of ₹1.8 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.19 Cr; the latest was in February 2022. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is Expression Buildtech Private Limited with revenue of ₹15.39 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aasthadevelopers.in.
Company details
Contact details
Aastha Promoters & Developers Private Limited's registered office is in Jamshedpur, Jharkhand. Its website is aasthadevelopers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAastha Trade Centre Q Road 2nd Floor Bistupur, Jamshedpur, Jharkhand, India – 831001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aastha Promoters & Developers 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
Aastha Promoters & Developers operates one associated brand: Aastha Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate developer specializing in residential and commercial projects in Jamshedpur. | aasthadevelopers.in |
Business activity
The main business activity of Aastha Promoters & Developers 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 Aastha Promoters & Developers Private Limited, buy the company report.
Financials of Aastha Promoters & Developers Private Limited
FY 2024 filings availableAastha Promoters & Developers Private Limited reported revenue of ₹15.38 Cr (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 68% fall in the latest year. EBITDA fell 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.65 Cr | ||||
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| Net Profit (PAT) | ₹61.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17.2% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Aastha Promoters & Developers Private Limited, buy the company report.
Board of directors of Aastha Promoters & Developers Private Limited
Aastha Promoters & Developers has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Gupta Also directs: Kritika Homes Private Limited | Director | 25 Nov 2019 | 6 Years 10 Months | Current |
| Kamini Kaushal Also directs: Aastha Agri Developers Private Limited, Rukmani Property Project Private Limited, Aastha Foundation Private Limited and 4 more | Director | 15 Jul 2023 | 3 Years 3 Months | Current |
| Sunder Singh Also directs: Aastha Agri Developers Private Limited, Rukmani Property Project Private Limited, Aastha Foundation Private Limited and 4 more | Director | 28 Sep 2019 | 7 Years 0 Months | Current |
| Kaushal Kumar Singh Also directs: Kritika Homes Private Limited, Kaushal Kanchan Construction Pvt Ltd, Estate Realtors Private Limited and 2 more | Director | 15 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Aastha Promoters & Developers Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Expression Buildtech Private Limited | ₹15.39 Cr (FY 2025) | 11.0% | Patna, Bihar, India | |||
| Assam Progressive Developers Limited | ₹15.39 Cr (FY 2025) | 5.0% | Silchar, Assam, India | |||
| Harmony Lifestyle Structures Pvt.Ltd. | ₹15.38 Cr (FY 2025) | 55.0% | Mumbai, Maharashtra, India | |||
| Aastha Promoters & Developers Private Limitedthis company | ₹15.38 Cr (FY 2025) | ₹61.41 Lakh | 4% | -68.0% | Jamshedpur, Jharkhand, India | |
| Varco Realities Private Limited | ₹15.38 Cr (FY 2024) | -26.0% | Yavatmal, Maharashtra, India | |||
| MSVT Infra Private Limited | ₹15.37 Cr (FY 2023) | Bangalore, Karnataka, India |
To see the full peer comparison of Aastha Promoters & Developers Private Limited, buy the company report.
Auditor
Aastha Promoters & Developers Private Limited is audited by N.KUMAR & cO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.KUMAR & cO. | FY 2023 | 004110C |
Shareholding
The shareholding of Aastha Promoters & Developers 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aastha Promoters & Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2025 | 101056605 | Canara Bank | ₹68.62 Cr | Open | |
| 19 Aug 2024 | 100966058 | Others | ₹1 Cr | Open | |
| 09 Apr 2024 | 100909509 | Others | ₹60 Lakh | Open | |
| 30 Sep 2023 | 100809247 | Others | ₹1.75 Cr | Open | |
| 11 Jul 2023 | 100767895 | State Bank of India | ₹51.9 Cr | Open |
To see the full charge records of Aastha Promoters & Developers Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Aastha Promoters & Developers Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.19 Cr; the latest was in February 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Synergyone India Management Solution Private Limited, Stride Infracon Private Limited , Synargyone Infrastructure & Projects Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Synargyone Infrastructure & Projects Private Limited Seller: Synergyone Infrastructure & Projects Private Limited |
| Jan 2015 | Funding round | ₹1.7 Cr | Investors: Stride Infracon Private Limited , 3 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Synergyone India Management Solution Private Limited Seller: Synergyone Infrastructure & Projects Private Limited |
| Mar 2011 | Funding round | ₹48.5 Lakh | Investors: Synergyone Infrastructure & Projects Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aastha Promoters & Developers Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by an individual | Pending |
To see the full case history of Aastha Promoters & Developers 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 Aastha Promoters & Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aastha Promoters & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAGCA3603G1ZF | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aastha Promoters & Developers Private Limited, buy the company report.
Recent activity
Aastha Promoters & Developers Private Limited has 10 board changes on record since 2012: 4 appointments and 6 cessations. The latest: Kamini Kaushal was appointed as Director on 15 Jul 2023.
14 earlier events are in the company report.
Frequently asked questions
Aastha Promoters & Developers is an active private limited company based in Jamshedpur, Jharkhand, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 May 2007 (19+ years old) and is registered under CIN U45200JH2007PTC012807.
Aastha Promoters & Developers has 4 current directors:
- Satish Kumar Gupta - Director
- Kamini Kaushal - Director
- Sunder Singh - Director
- Kaushal Kumar Singh - Director
The latest financial statements of Aastha Promoters & Developers 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 Aastha Promoters & Developers is 20AAGCA3603G1ZF, registered in Jharkhand.
The CIN (Corporate Identification Number) of Aastha Promoters & Developers is U45200JH2007PTC012807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aastha Promoters & Developers has 1 court case on record: 1 filed against it. 1 is pending.
Aastha Promoters & Developers was incorporated on 11 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ranchi.
Aastha Promoters & Developers has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.19 Cr; the latest was in February 2022.
The peers of Aastha Promoters & Developers by revenue are Expression Buildtech Private Limited, Assam Progressive Developers Limited, Harmony Lifestyle Structures Pvt.Ltd, Varco Realities Private Limited, MSVT Infra Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kamini Kaushal was appointed as Director on 15 Jul 2023. Kaushal Kumar Singh was appointed as Director on 15 Jul 2023. Naresh Lakhanpal ceased to be Additional Director on 25 Nov 2019. Aastha Promoters & Developers has 10 board changes on record in total.
Aastha Promoters & Developers can be reached through the website aasthadevelopers.in. Its registered office is in Jamshedpur, Jharkhand, India.