Adeswar Granites Private Limited
About Adeswar Granites Private Limited
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Adeswar Granites Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 09 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA1999PTC025691. Its GSTIN is 29AAECA1305K1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.94 Lakh. It is led by directors including Arvind Jain and Shubham Bakliwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.14 Battibele Industrial Area Anekal Tq, Bangalore, Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.89 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹40,691 (net margin 0.1%) and EBITDA of ₹63.55 Lakh (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹35 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adeswar Granites Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.14 Battibele Industrial Area Anekal Tq, Bangalore, Karnataka, India
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Adeswar Granites 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 Adeswar Granites is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Adeswar Granites Private Limited, buy the company report.
Financials of Adeswar Granites Private Limited
FY 2025 filings availableAdeswar Granites Private Limited reported revenue of ₹5.89 Cr (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹63.55 Lakh | ||||
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| Net Profit (PAT) | ₹40,691 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Adeswar Granites Private Limited, buy the company report.
Board of directors of Adeswar Granites Private Limited
Adeswar Granites has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Jain | Director | 01 Sep 2001 | 25 Years 2 Months | Current |
| Shubham Bakliwal Also directs: Jinendra Granites Private Limited, Shukr Ventures LLP | Director | 18 Jul 2018 | 8 Years 3 Months | Current |
| Amit Jain Also directs: Jinendra Granites Private Limited | Director | 07 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Adeswar Granites Private Limited is audited by MGIRT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGIRT & CO | FY 2023 | 002047S |
Shareholding
The shareholding of Adeswar Granites 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adeswar Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2020 | 100396524 | Indian Overseas Bank | ₹25 Lakh | Open | |
| 20 Jul 2017 | 100119934 | Indian Overseas Bank | ₹55 Lakh | Open | |
| 08 Jan 2014 | 10475505 | Indian Overseas Bank | ₹1.2 Cr | Open | |
| 27 Mar 2007 | 10049158 | Karnataka State Financial Corporation | ₹10 Lakh | Satisfied | |
| 22 Aug 2002 | 90196218 | Karnatka State Finacial Corportion | ₹25 Lakh | Satisfied |
To see the full charge records of Adeswar Granites Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Adeswar Granites Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adeswar Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adeswar Granites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA1305K1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adeswar Granites Private Limited, buy the company report.
Recent activity
Adeswar Granites Private Limited has 9 board changes on record since 2001: 6 appointments and 3 cessations. The latest: Shubham Bakliwal was appointed as Director on 18 Jul 2018.
8 earlier events are in the company report.
Frequently asked questions
Adeswar Granites is an active private limited company based in Bangalore, Karnataka, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 09 September 1999 (27+ years old) and is registered under CIN U29299KA1999PTC025691.
Adeswar Granites has 3 current directors:
- Arvind Jain - Director
- Shubham Bakliwal - Director
- Amit Jain - Director
The latest financial statements of Adeswar Granites on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adeswar Granites is 29AAECA1305K1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Adeswar Granites is U29299KA1999PTC025691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adeswar Granites was incorporated on 09 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Shubham Bakliwal was appointed as Director on 18 Jul 2018. Amit Jain was appointed as Director on 07 Sep 2017. Sanjay Bakliwal ceased to be Director on 01 Nov 2016. Adeswar Granites has 9 board changes on record in total.
The registered office of Adeswar Granites is at Plot No.14 Battibele Industrial Area Anekal Tq, Bangalore, Karnataka, India.
Adeswar Granites operates in the metals and minerals industry, in the mining and mineral extraction segment.
Adeswar Granites has open charges of ₹2 Cr and satisfied charges of ₹35 Lakh as per latest MCA filings.
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