MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0002721
Alpha Corp Development Limited - infrastructure and utilities in Amritsar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹186.54 Cr
▲ 35% YoY
Net profit · FY 2025
₹42 Cr
Net margin 22.5%
EBITDA · FY 2025
₹66.78 Cr
EBITDA margin 35.8%
Authorised capital
₹209.35 Cr
Registered with MCA
Paid-up capital
₹3.18 Cr
Issued & subscribed
Open charges
₹303.25 Cr
Satisfied ₹4,189.76 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
67
Provident fund records
About Alpha Corp Development Limited
Data last updated:
Alpha Corp Development Limited is a public limited company based in Amritsar, Punjab, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45201PB2003PLC045680. Its GSTIN is 03AAECA5259Q1ZC (Punjab). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹209.35 Cr and a paid-up capital of ₹3.18 Cr. It was formerly known as Alpha Buildtech Private Limited and Alpha G:Corp Development Private Limited. It is led by directors including Ajay Dhawan and Manjima Khandelwal.
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 Model Industrial Park Opp Focal Point Vpo Vallah Mehta Road, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2025, the company reported a revenue of ₹186.54 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹42 Cr (net margin 22.5%) and EBITDA of ₹66.78 Cr (EBITDA margin 35.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
The company has about 67 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹303.25 Cr and satisfied charges of ₹4,189.76 Cr on record. Court records list 101 cases involving the company, including 47 filed by the company and 54 filed against it; 38 cases are pending. The company has 11 deals on record (5 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹625.15 Cr; the latest was in July 2019. The company has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 23 overdue payments to 5 micro and small suppliers.
Alpha Corp Development Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0002721). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alphacorp.in.
Company details
CIN U45201PB2003PLC045680
Registration Number 045680
Incorporation Date 19 November 2003
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-05-0002721
Name history
Alpha Corp Development has undergone 3 name changes throughout its history. The company was previously known as Alpha Buildtech Private Limited, Alpha G:Corp Development Private Limited, and Alpha G Corp Development Private Limited. The current legal name is Alpha Corp Development Limited.
| Company Name | Status |
|---|---|
| Alpha Corp Development Limited | Current |
| Alpha Buildtech Private Limited | Previous |
| Alpha G:Corp Development Private Limited | Previous |
| Alpha G Corp Development Private Limited | Previous |
CIN history
Alpha Corp Development has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45201PB2003PLC045680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201PB2003PLC045680 | Current |
| U45201PB2003PTC045680 | Previous |
| U45201DL2003PTC123135 | Previous |
Recognitions & Rankings of Alpha Corp Development
Contact details
Alpha Corp Development Limited's registered office is in Amritsar, Punjab. Its website is alphacorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressModel Industrial Park Opp Focal Point Vpo Vallah Mehta Road, Amritsar, Punjab, India – 143001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Alpha Corp Development Limited, buy the company report.
Comprehensive company report
Alpha Corp Development Limited - one report that includes everything
- 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
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Business activity
The main business activity of Alpha Corp Development is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Alpha Corp Development Limited, buy the company report.
Financials of Alpha Corp Development Limited
FY 2024 filings availableAlpha Corp Development Limited reported revenue of ₹186.54 Cr (up 35% YoY) for FY 2025.
Revenue · FY 2025
₹186.54 Cr ▲ 35%
Net profit · FY 2025
₹42 Cr margin 22.5%
EBITDA · FY 2025
₹66.78 Cr margin 35.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 16%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 35% growth in the latest year. EBITDA rose 60% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹186.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.8% | ||||
| Net Profit Margin | 22.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Alpha Corp Development Limited, buy the company report.
Board of directors of Alpha Corp Development Limited
Alpha Corp Development has 7 current directors and 45 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Dhawan | Director | 30 May 2022 | 4 Years 5 Months | Current |
| Manjima Khandelwal | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Neeraj Goyal | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Anil Kumar Ahuja | Director | 29 Mar 2016 | 10 Years 7 Months | Current |
| Kalpataru Tripathy | Director | 30 Jan 2021 | 5 Years 9 Months | Current |
| Ashish Sarin Also directs: Alpha Corp Bombay Projects Private Limited, Optima Development Private Limited, Model Industrial Park Amritsar and 2 more | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Alpha Corp Development Limited is audited by JAIN JINDAL & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN JINDAL & CO | FY 2025 | 025817N |
Shareholding
The shareholding of Alpha Corp Development Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alpha Corp Development Limited, buy the company report.
Charges & borrowings
Open charges
₹303.25 Cr
Satisfied charges
₹4,189.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2025 | 101141113 | Others | ₹50 Cr | Open | |
| 01 Dec 2023 | 100833307 | Others | ₹125 Cr | Open | |
| 26 Sep 2023 | 100790940 | Others | ₹35 Cr | Open | |
| 14 Feb 2023 | 100683560 | Hdfc Bank Limited | ₹1.19 Cr | Open | |
| 08 Dec 2022 | 100658376 | Yes Bank Limited | ₹26.32 Lakh | Open |
To see the full charge records of Alpha Corp Development Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Alpha Corp Development Limited has 11 deals on record (5 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹625.15 Cr; the latest was in July 2019.
Total deals
11
Secondary share transfers
5
Funding rounds
4
Rights issues
2
Disclosed funding
₹625.15 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: SSIII India Investments One Limited Seller: G Corp Private Limited , Gopa Investment Co Pvt Ltd , 2 individuals |
| Nov 2015 | Secondary share transfer | Undisclosed | Seller: Atharv Integrated Solutions Private Limited , 3 individuals |
| Sep 2010 | Rights issue | ₹14.93 Cr | Investors: Wynford Investments Limited, C & C Alpha Group India Private Limited |
| Sep 2009 | Rights issue | ₹52.92 Cr | Investors: Wynford Investments Limited, G Corp Private Limited |
| Apr 2007 | Secondary share transfer | Undisclosed | Buyer: Wynford Investments Limited, C & C Alpha Group India Private Limited Seller: Atharv Integrated Solutions Private Limited |
To see the full deal history of Alpha Corp Development Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Alpha Corp Development Limited has 101 court cases on record: 47 filed by Alpha Corp Development, 54 filed against it. 38 cases are pending and 63 are disposed.
Total cases
101
Filed by the company
47
Filed against the company
54
Pending
38
Disposed
63
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 46 | 41 | 20 |
| High courts | 43 | 7 | 15 |
| NCLAT | 5 | 3 | 0 |
| Supreme Court | 7 | 3 | 3 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0901-Civil Law : SLPs arising out of interlocutory applications in civil proceedings, amendment of pleadings, time limits for pleadings, interim injunction, addition/deletion of parties, etc.) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1301-Consumer Disputes and RERA : Appeals under Section 23 of Consumer Protection Act, 1986 and/or under Section 67 of Consumer Protection Act, 2019) | Filed against the company by Magnum International Trading Respondent Appellant Company Pvt Ltd | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed by the company against Assistant Commissioner of Income Tax and 1 other | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against G S Developers and Contractors Private Limited and 1 other | Pending |
| High Court of Punjab and Haryana | Appeal | Filed by the company against Madhur Dealcom Private Limited | Pending |
To see the full case history of Alpha Corp Development 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.
Credit ratings & regulatory alerts
Alpha Corp Development Limited was last rated by Crisil on 24 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Dec 2019 |
To see the full credit ratings and regulatory alerts of Alpha Corp Development Limited, buy the company report.
MSME payment delays
Alpha Corp Development Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 23 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Apex Power Projects Private Limited | |||
| Alpha Pecific Engineers Private Limited | |||
| Green Facade Solutions Private Limited |
To see the full MSME payment records of Alpha Corp Development Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Alpha Corp Development has 7 subsidiary companies and 2 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
7
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Alpha Corp Bombay Projects Private Limited | U43299MH2023PTC409247 | |
| Ananta Gurugram Private Limited | U45100DL2011PTC217116 | |
| Optima Development Private Limited | U45200DL2007PTC158514 | |
| Acropolis Buildtech Private Limited | U45201DL2005PTC138242 | |
| Rosebuds Buildtech Private Limited | U45201DL2005PTC140140 | |
| Regal Vista Developers Private Limited | U70101DL2011PTC217120 |
To see the full group structure of Alpha Corp Development Limited, buy the company report.
Employees & EPFO
Alpha Corp Development Limited has a workforce of 67 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
-14.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 67 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Alpha Corp Development Limited, buy the company report.
GST
Alpha Corp Development has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECA5259Q1ZC | Punjab | Active | 01 Jul 2017 |
| 06AAECA5259Q1Z6 | Haryana | Active | 01 Jul 2017 |
| 07AAECA5259Q2Z3 | Delhi | Active | 01 Jul 2017 |
| 09AAECA5259Q1Z0 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alpha Corp Development Limited, buy the company report.
Recent activity
Alpha Corp Development Limited has 52 board changes on record since 2007: 9 appointments and 43 cessations. The latest: Ajay Dhawan ceased to be Additional Director on 30 Sep 2022.
Charges
A charge with Others of Rs. 50.00 Cr registered on 29 Jul 2025 with Charge ID 101141113 was modified on 13 Nov 2025.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101141113 was registered on 29 Jul 2025.
AGM
Alpha Corp Development Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Alpha Corp Development Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others of Rs. 125.00 Cr registered on 01 Dec 2023 with Charge ID 100833307 was modified on 13 Mar 2024.
Charges
A charge registered on 23 Nov 2022 via Charge ID 100653200 with Others was fully satisfied on 29 Feb 2024.
Charges
A charge registered on 08 Jun 2018 via Charge ID 100187493 with Others was fully satisfied on 29 Feb 2024.
Charges
A charge registered on 02 Feb 2017 via Charge ID 100080827 with Others was fully satisfied on 29 Feb 2024.
Charges
A charge with Others amounted to Rs. 125.00 Cr with Charge ID 100833307 was registered on 01 Dec 2023.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100790940 was registered on 26 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.19 Cr with Charge ID 100683560 was registered on 14 Feb 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100658376 was registered on 08 Dec 2022.
163 earlier events are in the company report.
News
Frequently asked questions
Alpha Corp Development is an active public limited company based in Amritsar, Punjab, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 November 2003 (23+ years old) and is registered under CIN U45201PB2003PLC045680.
Alpha Corp Development has 7 current directors:
- Ajay Dhawan - Director
- Manjima Khandelwal - Director
- Neeraj Goyal - Director
- Anil Kumar Ahuja - Director
- Kalpataru Tripathy - Director
- Ashish Sarin - Director
- Kanika Singal - Director
The latest financial statements of Alpha Corp Development 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 Alpha Corp Development is 03AAECA5259Q1ZC, registered in Punjab. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAECA5259Q1Z6 (Haryana), 07AAECA5259Q2Z3 (Delhi), 09AAECA5259Q1Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Alpha Corp Development is U45201PB2003PLC045680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alpha Corp Development has 101 court cases on record: 47 filed by the company and 54 filed against it. 38 are pending. Most are in the district courts.
Alpha Corp Development was incorporated on 19 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
Alpha Corp Development has 11 deals on record (5 secondary share transfers, 4 funding rounds, 2 rights issues), with disclosed funding of ₹625.15 Cr; the latest was in July 2019.
Ajay Dhawan ceased to be Additional Director on 30 Sep 2022. Kanika Singal ceased to be Additional Director on 30 Sep 2022. Manjima Khandelwal ceased to be Additional Director on 30 Sep 2022. Alpha Corp Development has 52 board changes on record in total.
Yes, Alpha Corp Development is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0002721).
Alpha Corp Development has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 23 overdue payments to 5 micro and small suppliers. The latest return was filed on 24 Nov 2019.
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