Adstar Assets Private Limited
About Adstar Assets Private Limited
Data last updated:
Adstar Assets Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the travel and tourism segment of the tourism and accommodation sector. It was incorporated on 20 June 2008.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2008PTC054272.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Dharmista Ashish Desai and Ashish Mahendra Desai.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at G – 502 Samrajya Tower Drive In Road, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.78 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹70,597 (net margin -25.4%) and EBITDA of -₹70,597 (EBITDA margin -25.4%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
Company details
Contact details
Adstar Assets Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 502 Samrajya Tower Drive In Road, Ahmedabad, Gujarat, India – 380052
- IndustryTourism And Accommodation, Travel & Tourism
To see the full contact details of Adstar Assets 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 Adstar Assets is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Adstar Assets Private Limited, buy the company report.
Financials of Adstar Assets Private Limited
FY 2018 filings availableAdstar Assets Private Limited reported revenue of ₹2.78 Lakh (down 84% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 84% fall in the latest year. EBITDA rose 14% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹70,597 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹70,597 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -25.4% | |||
| Net Profit Margin | -25.4% | |||
| 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 Adstar Assets Private Limited, buy the company report.
Board of directors of Adstar Assets Private Limited
Adstar Assets has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmista Ashish Desai | Director | 18 Jan 2010 | 16 Years 9 Months | As last reported |
| Ashish Mahendra Desai | Director | 20 Jun 2008 | 18 Years 4 Months | As last reported |
Peer comparison
Adstar Assets Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anjali Tours and Travels Private Limited | ₹2.8 Lakh (FY 2017) | -64.0% | New Delhi, Delhi, India | |||
| Navigatio Travel Solutions Private Limited | ₹2.8 Lakh (FY 2025) | -27.0% | Chennai, Tamil Nadu, India | |||
| Kohinoor NR Travel World Private Limited | ₹2.8 Lakh (FY 2021) | 160.0% | Hyderabad, Telangana, India | |||
| Jysk Travel Private Limited | ₹2.8 Lakh (FY 2024) | -93.0% | New Delhi, Delhi, India | |||
| Gogo Mobility Private Limited | ₹2.78 Lakh (FY 2024) | -94.0% | Gurgaon, Haryana, India | |||
| Adstar Assets Private Limitedthis company | ₹2.78 Lakh (FY 2018) | -₹70,597 | -25.4% | -84.0% | Ahmedabad, Gujarat, India | |
| Airbuy India Private Limited | ₹2.78 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Yokotrip Private Limited | ₹2.78 Lakh (FY 2020) | 227.0% | New Delhi, Delhi, India | |||
| Treatmytravel Private Limited | ₹2.76 Lakh (FY 2024) | 3498.0% | Ahmedabad, Gujarat, India | |||
| Forever Success Tour & Travel Private Limited | ₹2.76 Lakh (FY 2024) | 122.0% | Masaurhi, Bihar, India | |||
| First Flight Immigration Private Limited | ₹2.76 Lakh (FY 2022) | Ladwa, Haryana, India |
To see the full peer comparison of Adstar Assets Private Limited, buy the company report.
Auditor
Adstar Assets Private Limited is audited by MASHAR SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MASHAR SHAH & ASSOCIATES | FY 2017 | 123122W |
Shareholding
The shareholding of Adstar Assets Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Adstar Assets Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adstar Assets 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 Adstar Assets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Adstar Assets Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Adstar Assets Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Akash Sharadbhai Desai ceased to be Director on 20 Jan 2010.
Frequently asked questions
Adstar Assets has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Adstar Assets was a private limited company based in Ahmedabad, Gujarat, India. The company worked in travel and tourism, within the tourism and accommodation industry. It was incorporated on 20 June 2008 and is registered under CIN U45201GJ2008PTC054272. The company has been struck off by the Registrar of Companies and is no longer operational.
Adstar Assets had 2 directors:
- Dharmista Ashish Desai - Director
- Ashish Mahendra Desai - Director
The CIN (Corporate Identification Number) of Adstar Assets is U45201GJ2008PTC054272. 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 Adstar Assets is at G – 502 Samrajya Tower Drive In Road, Ahmedabad, Gujarat, India – 380052.
Adstar Assets was incorporated on 20 June 2008. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Adstar Assets on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Adstar Assets operated in the tourism and accommodation industry, in the travel and tourism segment. It worked in this industry before it was struck off.
The peers of Adstar Assets by revenue are Anjali Tours and Travels Private Limited, Navigatio Travel Solutions Private Limited, Kohinoor NR Travel World Private Limited, Jysk Travel Private Limited, Gogo Mobility Private Limited and 5 more, all in the same principal business activity (travel agency and tour operators).
Akash Sharadbhai Desai ceased to be Director on 20 Jan 2010. Dharmista Ashish Desai was appointed as Director on 18 Jan 2010. Ashish Mahendra Desai was appointed as Director on 20 Jun 2008.
The compliance status of Adstar Assets is compliant as of 31 July 2026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
