About Ahmednagar Ghogargaon Road Projects Private Limited
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Ahmednagar Ghogargaon Road Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ghv (India) Private Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 08 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2021PTC358525. Its GSTIN is 27AAVCA0645H1ZG (Maharashtra).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors Suman Kumar and Siraj Harunbhai Kadiwala.
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 1st Floor Aml Center 1 8 Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.89 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹3.57 Cr (net margin -7.3%) and EBITDA of ₹20.57 Cr (EBITDA margin 42.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
As per MCA filings, the company has open charges of ₹284.81 Cr and satisfied charges of ₹214.8 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹49.84 Cr; the latest was in December 2021. Its 8 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 5 smaller; the largest is Geosys India Infrastructures Limited with revenue of ₹50.21 Cr.
For more details, the company can be reached via its website ghvgroup.com.
Company details
Contact details
Ahmednagar Ghogargaon Road Projects Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Aml Center 1 8 Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Ahmednagar Ghogargaon Road Projects 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 Ahmednagar Ghogargaon Road Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Ahmednagar Ghogargaon Road Projects Private Limited, buy the company report.
Financials of Ahmednagar Ghogargaon Road Projects Private Limited
FY 2025 filings availableAhmednagar Ghogargaon Road Projects Private Limited reported revenue of ₹48.89 Cr (down 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 84% fall in the latest year. EBITDA fell 57% 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 |
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| EBITDA | ₹20.57 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.57 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 42.1% | |||
| Net Profit Margin | -7.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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To see the full financial statements and ratios of Ahmednagar Ghogargaon Road Projects Private Limited, buy the company report.
Board of directors of Ahmednagar Ghogargaon Road Projects Private Limited
Ahmednagar Ghogargaon Road Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Kumar | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
| Siraj Harunbhai Kadiwala Also directs: Vataman Pipali Road Project Private Limited, BPT Road Project Private Limited, GHV Hotel (India) Private Limited and 1 more | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Ahmednagar Ghogargaon Road Projects Private Limited is compared with the 8 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geosys India Infrastructures Limited | ₹50.21 Cr (FY 2025) | -15.0% | Dadri, Uttar Pradesh, India | |||
| Asip Private Limited | ₹50.2 Cr (FY 2016) | 21.0% | Hyderabad, Telangana, India | |||
| Bihar State Road Development Corporation Limited | ₹49.26 Cr (FY 2022) | -24.0% | Patna, Bihar, India | |||
| Ahmednagar Ghogargaon Road Projects Private Limitedthis company | ₹48.89 Cr (FY 2025) | -₹3.57 Cr | -7.3% | -84.0% | Mumbai, Maharashtra, India | |
| Supreme Infrastructure Bot Holdings Private Limited | ₹48.85 Cr (FY 2018) | -46.0% | Mumbai, Maharashtra, India | |||
| IT Expressway Limited | ₹48.54 Cr (FY 2024) | 26.0% | Chennai, Tamil Nadu, India | |||
| Mangloor Highways Private Limited | ₹48.41 Cr (FY 2025) | -25.0% | Delhi, India | |||
| SKM Ramdin Ultratech Private Limited | ₹48.37 Cr (FY 2025) | 48.0% | Indore, Madhya Pradesh, India | |||
| Dewas Bypass Tollway Private Limited | ₹48.35 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ahmednagar Ghogargaon Road Projects Private Limited, buy the company report.
Auditor
Ahmednagar Ghogargaon Road Projects Private Limited is audited by Manubhai & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manubhai & Shah LLP | FY 2023 | 106041W |
Shareholding
The shareholding of Ahmednagar Ghogargaon Road Projects Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ahmednagar Ghogargaon Road Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2024 | 100951718 | Others | ₹284.81 Cr | Open | |
| 22 Nov 2021 | 100510171 | Others | ₹214.8 Cr | Satisfied |
To see the full charge records of Ahmednagar Ghogargaon Road Projects Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ahmednagar Ghogargaon Road Projects Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹49.84 Cr; the latest was in December 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round | ₹49.84 Cr | Investors: GHV (India) Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ahmednagar Ghogargaon Road Projects 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 Ahmednagar Ghogargaon Road Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ahmednagar Ghogargaon Road Projects Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
GST
Ahmednagar Ghogargaon Road Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCA0645H1ZG | Maharashtra | Active | 27 Jun 2021 |
To see the full GST registrations and return filing status of Ahmednagar Ghogargaon Road Projects Private Limited, buy the company report.
Recent activity
Ahmednagar Ghogargaon Road Projects Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Farooq Husenbhai Vijapura ceased to be Director on 30 Mar 2023.
Frequently asked questions
Ahmednagar Ghogargaon Road Projects is an active private limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 08 April 2021 (5+ years old) and is registered under CIN U45309MH2021PTC358525.
Ahmednagar Ghogargaon Road Projects has 2 current directors:
- Suman Kumar - Director
- Siraj Harunbhai Kadiwala - Director
The latest financial statements of Ahmednagar Ghogargaon Road Projects 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 FY 2022 are in the company report.
The GSTIN of Ahmednagar Ghogargaon Road Projects is 27AAVCA0645H1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ahmednagar Ghogargaon Road Projects is U45309MH2021PTC358525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ahmednagar Ghogargaon Road Projects was incorporated on 08 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Ahmednagar Ghogargaon Road Projects has 1 deal on record (1 funding round), with disclosed funding of ₹49.84 Cr; the latest was in December 2021.
The peers of Ahmednagar Ghogargaon Road Projects by revenue are Geosys India Infrastructures Limited, Asip Private Limited, Bihar State Road Development Corporation Limited, Supreme Infrastructure Bot Holdings Private Limited, IT Expressway Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Farooq Husenbhai Vijapura ceased to be Director on 30 Mar 2023. Jahidmohmed Husenbhai Vijapura ceased to be Director on 30 Mar 2023. Siraj Harunbhai Kadiwala was appointed as Director on 24 Mar 2023. Ahmednagar Ghogargaon Road Projects has 6 board changes on record in total.
Ahmednagar Ghogargaon Road Projects can be reached through the website ghvgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ahmednagar Ghogargaon Road Projects is at 1st Floor Aml Center 1 8 Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
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