Asay Properties Private Limited
About Asay Properties Private Limited
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Asay Properties Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 October 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2013PTC258865.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Guru Mehar Farm P.O. Sultanpur Mehrauli Road, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2016, the company reported a revenue of ₹7.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹16.91 Lakh (net margin -231%) and EBITDA of ₹4.41 Lakh (EBITDA margin 60.2%).
As per MCA filings, the company has satisfied charges of ₹1.8 Cr on record.
Company details
Contact details
Asay Properties Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGuru Mehar Farm P.O. Sultanpur Mehrauli Road, New Delhi, Delhi, India – 110030
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Asay Properties 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 Asay Properties 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 |
Financials of Asay Properties Private Limited
FY 2016 filings availableAsay Properties Private Limited reported revenue of ₹7.32 Lakh (up 152% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 152% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹7.32 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.41 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹16.91 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 60.2% | |
| Net Profit Margin | -231% | |
| 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 Asay Properties Private Limited, buy the company report.
Board of directors of Asay Properties Private Limited
Asay Properties has 4 former directors on record and no current directors listed.
Peer comparison
Asay Properties Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aravali Malt (India) Private Limited | ₹7.33 Lakh (FY 2025) | 74.0% | Alwar, Rajasthan, India | |||
| Asay Properties Private Limitedthis company | ₹7.32 Lakh (FY 2016) | -₹16.91 Lakh | -231% | 152.0% | New Delhi, Delhi, India | |
| Viniteshwari Properties Private Limited | ₹7.32 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Thumpassery Private Limited | ₹7.32 Lakh (FY 2025) | 158.0% | Kollam, Kerala, India |
To see the full peer comparison of Asay Properties Private Limited, buy the company report.
Auditor
Asay Properties Private Limited is audited by G V K & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V K & CO | FY 2016 | 010684N |
Shareholding
The shareholding of Asay Properties Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asay Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2014 | 10500285 | L&T Housing Finance Limited | ₹1.8 Cr | Satisfied |
To see the full charge records of Asay Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Asay Properties 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 Asay Properties 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 Asay Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asay Properties Private Limited has 4 board changes on record since 2014: 0 appointments and 4 cessations. The latest: Gurreet Singh Sandhu ceased to be Director on 31 May 2017.
Frequently asked questions
Asay Properties has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Asay Properties was a private limited company based in New Delhi, Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 October 2013 and is registered under CIN U45400DL2013PTC258865. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Asay Properties is U45400DL2013PTC258865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asay Properties was incorporated on 08 October 2013. It is registered with the Registrar of Companies, Delhi.
The registered office of Asay Properties is at Guru Mehar Farm P.O. Sultanpur Mehrauli Road, New Delhi, Delhi, India – 110030.
The latest financial statements of Asay Properties on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
Asay Properties operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Asay Properties by revenue are Aravali Malt (India) Private Limited, Viniteshwari Properties Private Limited, Thumpassery Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Gurreet Singh Sandhu ceased to be Director on 31 May 2017. Ursula Singh Sandhu ceased to be Director on 31 May 2017. Anup Garg ceased to be Director on 18 Nov 2014. Asay Properties has 4 board changes on record in total.
Asay Properties has no open charges and satisfied charges of ₹1.8 Cr as per latest MCA filings.
Asay Properties can be reached at its registered office: Guru Mehar Farm P.O. Sultanpur Mehrauli Road, New Delhi, Delhi, India – 110030.