About Alap Construction Private Limited
Data last updated:
Alap Construction Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 16 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1998PTC033581. Its GSTIN is 24AABCA7889B1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.9 Lakh. It is led by directors including Shilpaben Sandipkumar Sheth and Sheth Kirtan Sandipkumar.
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 G – 3 Indraprasths Flats Jail Road Nr. Gurudwara, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.53 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹10.94 Lakh (net margin 1.5%) and EBITDA of ₹1.05 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹8.61 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alapconstruction.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressG – 3 Indraprasths Flats Jail Road Nr. Gurudwara, Mehsana, Gujarat, India – 384002
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
- One PDF report, delivered after checkout
Business Activity of Alap Construction Private Limited
The main business activity of Alap Construction is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Alap Construction Private Limited FY 2025 filings available
Alap Construction Private Limited reported revenue of ₹7.53 Cr (down 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Alap Construction Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 16% 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 of Alap Construction Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹7.53 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.94 Lakh | •••• | •••• | •••• | •••• |
| 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 of Alap Construction Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Alap Construction are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Alap Construction Private Limited
Alap Construction Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metrolife Properties Private Limited | ₹7.54 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Zio Infrahome Private Limited | ₹7.54 Cr (FY 2025) | •••• | •••• | 128.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Sagavi Promoters and Developers India Private Limited | ₹7.53 Cr (FY 2025) | •••• | •••• | 1543.0% | •••• | New Delhi, Delhi, India |
| Sandune Properties Private Limited | ₹7.53 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kochi, Kerala, India |
| Glaze Ventures Private Limited | ₹7.53 Cr (FY 2023) | •••• | •••• | -93.0% | •••• | Ludhiana, Punjab, India |
| Alap Construction Private Limited this company | ₹7.53 Cr (FY 2023) | •••• | •••• | -31.0% | •••• | Mehsana, Gujarat, India |
| Akruthi Constructions and Developers Private Limited | ₹7.53 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Hyderabad, Telangana, India |
| Bigbuilder Private Limited | ₹7.52 Cr (FY 2024) | •••• | •••• | 6839.0% | •••• | Gurgaon, Haryana, India |
| Countrywide Housing Projects Limited | ₹7.52 Cr (FY 2024) | •••• | •••• | 2545.0% | •••• | New Delhi, Delhi, India |
| Realstreet Developers Private Limited | ₹7.52 Cr (FY 2024) | •••• | •••• | 2681.0% | •••• | Mumbai, Maharashtra, India |
| Deepak & Sahil Engcon Private Limited | ₹7.52 Cr (FY 2024) | •••• | •••• | -63.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Alap Construction by revenue in the Real Estate industry (Builders and Developers, Roads and Bridges), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Alap Construction Private Limited
Alap Construction Private Limited is audited by ASHVIN K. YAGNIK & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHVIN K. YAGNIK & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Alap Construction Private Limited
Alap Construction has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpaben Sandipkumar Sheth Also directs: Alap Vyapti Media LLP, Blossom Sports and Recreation Club Ltd | Director | 16 Jan 1998 | 28 Years 8 Months | Current |
| Sandip Kumudchandra Sheth Also directs: Alap Vyapti Media LLP, Vyapnila Terminals (Modasa) Private Limited, Blossom Sports and Recreation Club Ltd and 1 more | Additional Director | 22 Sep 2012 | 14 Years 0 Months | Current |
| Sheth Kirtan Sandipkumar | Director | 06 May 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Alap Construction Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Alap Construction Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2025 | Hdfc Bank Limited | ₹2.68 Cr | Open |
| 24 Apr 2024 | Others | ₹95 Lakh | Open |
| 29 Jan 2024 | Others | ₹1.98 Cr | Open |
| 01 Nov 2023 | Others | ₹3 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Alap Construction Private Limited
Alap Construction Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Alap Construction Private Limited
Employment history and EPFO contributions of people linked to Alap Construction.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Alap Construction Private Limited
Alap Construction Private Limited has 5 board changes on record since 1998: 4 appointments and 1 cessation. The latest: Sheth Kirtan Sandipkumar was appointed as Director on 06 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Alap Construction Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Alap Construction Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Alap Construction Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Alap Construction Private Limited
Alap Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA7889B1ZQ | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Alap Construction Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Alap Construction Private Limited
Alap Construction is an active private limited company based in Mehsana, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 16 January 1998 (28+ years old) and is registered under CIN U45201GJ1998PTC033581.
Alap Construction reported revenue of ₹7.53 Cr for FY 2023 (down 31% YoY).
Alap Construction has 3 current directors:
- Shilpaben Sandipkumar Sheth - Director
- Sandip Kumudchandra Sheth - Additional Director
- Sheth Kirtan Sandipkumar - Director
Alap Construction reported a net profit of ₹10.94 Lakh (net margin 1.5%) and EBITDA of ₹1.05 Cr (EBITDA margin 13.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alap Construction is -31% over three years and 21% over five years. In the latest year (FY 2023) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alap Construction is 24AABCA7889B1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Alap Construction is U45201GJ1998PTC033581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alap Construction has 1 court case on record: 1 filed against it.
Alap Construction was incorporated on 16 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Alap Construction by revenue are Metrolife Properties Private Limited, Zio Infrahome Private Limited, Sagavi Promoters and Developers India Private Limited, Sandune Properties Private Limited, Glaze Ventures Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Roads and Bridges).
Sheth Kirtan Sandipkumar was appointed as Director on 06 May 2019. Sheth Kumudchandra Punamchand ceased to be Director on 01 Nov 2017. Sandip Kumudchandra Sheth was appointed as Additional Director on 22 Sep 2012. Alap Construction has 5 board changes on record in total.