Ascon Contractors Private Limited
About Ascon Contractors Private Limited
Data last updated:
Ascon Contractors Private Limited is a private limited company based in Jammu, Jammu And Kashmir, India. It operates in the building construction segment of the construction sector. It was incorporated on 06 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U45201JK2005PTC002516. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹69 Lakh. It is led by directors Gafoor Ahmed and Shahid Ahmed Sheikh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Hotel Meridian Palace B.C Road Jammu, Jammu and Kashmir, India – 180001.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.03 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹6.75 Lakh (net margin -332.8%) and EBITDA of -₹4.95 Lakh (EBITDA margin -243.7%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years.
As per MCA filings, the company has open charges of ₹1.08 Cr on record. Court records list 12 cases involving the company, including 11 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressHotel Meridian Palace B.C Road Jammu, Jammu and Kashmir, India – 180001
- IndustryConstruction, Buildings
- 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 Ascon Contractors Private Limited
The main business activity of Ascon Contractors 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 Ascon Contractors Private Limited FY 2019 filings available
Ascon Contractors Private Limited reported revenue of ₹2.03 Lakh (down 71% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Ascon Contractors Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 76% over three years, including a 71% fall in the latest year. EBITDA fell 503% 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 Ascon Contractors Private Limited
| Metrics | FY 2018-19 | 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 | -₹4.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.75 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 Ascon Contractors Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -243.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -332.8% | •••• | •••• | •••• | •••• |
| 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 Ascon Contractors 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 Ascon Contractors Private Limited
Ascon Contractors Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunside Buildcon Private Limited | ₹2.04 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Delhi, India |
| My Estate Holdings Private Limited | ₹2.04 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Bhubaneswar, Odisha, India |
| Aaryaveer Constructions & Developers Private Limited | ₹2.03 Lakh (FY 2025) | •••• | •••• | •••• | Kanpur, Uttar Pradesh, India | |
| Remont India Private Limited | ₹2.03 Lakh (FY 2022) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| Shivesh Tradecom Private Limited | ₹2.03 Lakh (FY 2024) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Ascon Contractors Private Limited this company | ₹2.03 Lakh (FY 2019) | •••• | •••• | -71.0% | •••• | Jammu, Jammu And Kashmir, India |
| KCB Infratech Private Limited | ₹2.03 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Zirakpur, Punjab, India |
| Doskey Infrastructure and Construction Private Limited | ₹2.03 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Patna, Bihar, India |
| Stepping Stone Consultants Private Limited | ₹2.03 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Akash Ganga Infrastructure Private Limited | ₹2.03 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Patna, Bihar, India |
| Ample Villa Private Limited | ₹2.02 Lakh (FY 2025) | •••• | •••• | 108.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ascon Contractors by revenue in the Infrastructure industry (Construction Services), 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 Ascon Contractors Private Limited
Ascon Contractors Private Limited is audited by GS & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GS & ASSOCIATES | 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 Ascon Contractors Private Limited
Ascon Contractors 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 |
|---|---|---|---|---|
| Gafoor Ahmed | Director | 22 Apr 2019 | 7 Years 5 Months | Current |
| Shahid Ahmed Sheikh | Director | 04 Oct 2005 | 21 Years 0 Months | Current |
Ownership and Shareholding of Ascon Contractors 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 Ascon Contractors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2012 | Jammu and Kashmir Bank Limited | ₹90 Lakh | Open |
| 23 May 2009 | The Jammu & Kashmir Bank Ltd. | ₹17.81 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Ascon Contractors Private Limited
Ascon Contractors Private Limited has 12 court cases on record: 11 filed by Ascon Contractors, 1 filed against it. 2 cases are pending and 10 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 1 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jammu and Kashmir and Ladakh | Court case (CCP(S)) | Filed by the company against Vikas Gupta Director Tourism Department Jammu | Pending |
| High Court of Jammu and Kashmir and Ladakh | Court case (APAA) | Filed by the company against State Th.C.Secy | Pending |
| High Court of Jammu and Kashmir and Ladakh | Writ petition | Filed by the company against Ut of J and K Th Commissioner Secretary Tourism Deptt | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Arbitration matter | Filed by the company against State of J and K Th. Secretary P.H.E. Deptt | Disposed |
| District court, Jammu, Jammu and Kashmir | Court case (EXECUITION CASESCivil) | Filed by the company against State | Disposed |
Full case history
All 12 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 Ascon Contractors Private Limited
Employment history and EPFO contributions of people linked to Ascon Contractors.
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 Ascon Contractors Private Limited
Ascon Contractors Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Gafoor Ahmed ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ascon Contractors 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 Ascon Contractors 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 Ascon Contractors 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 Ascon Contractors Private Limited
Ascon Contractors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Ascon Contractors 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 Ascon Contractors Private Limited
Ascon Contractors is an active private limited company based in Jammu, Jammu And Kashmir, India. The company works in buildings, within the construction industry. It was incorporated on 06 May 2005 (21+ years old) and is registered under CIN U45201JK2005PTC002516.
Ascon Contractors reported revenue of ₹2.03 Lakh for FY 2019 (down 71% YoY).
Ascon Contractors has 2 current directors:
- Gafoor Ahmed - Director
- Shahid Ahmed Sheikh - Director
Ascon Contractors reported a net loss of ₹6.75 Lakh (net margin -332.8%) and EBITDA of -₹4.95 Lakh (EBITDA margin -243.7%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ascon Contractors is -76% over three years. In the latest year (FY 2019) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
No. Ascon Contractors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ascon Contractors is U45201JK2005PTC002516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascon Contractors has 12 court cases on record: 11 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Ascon Contractors was incorporated on 06 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Jammu.
The peers of Ascon Contractors by revenue are Sunside Buildcon Private Limited, My Estate Holdings Private Limited, Aaryaveer Constructions & Developers Private Limited, Remont India Private Limited, Shivesh Tradecom Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Gafoor Ahmed ceased to be Additional Director on 30 Sep 2019. Ajay Kapoor ceased to be Director on 22 Apr 2019. Gafoor Ahmed was appointed as Director on 22 Apr 2019. Ascon Contractors has 5 board changes on record in total.