Ascot Projects Private Limited
About Ascot Projects Private Limited
Data last updated:
Ascot Projects Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 January 2006.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2006PTC145584. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rakesh Garg and Sanjay Kumar Sachdev.
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 Plot No. U – 155 First Floor . Upadhayay Block Shakarpur, Opposite Laxmi Nagar Metro Station Gate No. 3&4 East Delhi, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.31 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹46,961 (net margin -3.8%) and EBITDA of -₹46,902 (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 173% over five years.
Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 4 cases are pending.
Company details
Contact details
Ascot Projects Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. U – 155 First Floor . Upadhayay Block Shakarpur, Opposite Laxmi Nagar Metro Station Gate No. 3&4 East Delhi, New Delhi, Delhi, India – 110092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ascot 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
Financials of Ascot Projects Private Limited
FY 2024 filings availableAscot Projects Private Limited reported revenue of ₹12.31 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 173% over five years, including 9% growth in the latest year. EBITDA rose 85% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹46,902 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46,961 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -3.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ascot Projects Private Limited, buy the company report.
Board of directors of Ascot Projects Private Limited
Ascot Projects has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Sharma Also directs: Idest Associates LLP, Mahadev Soap & Detergents Private Limited, Pandav Developers Private Limited and 1 more | Additional Director | 27 Jul 2017 | 9 Years 3 Months | As last reported |
| Rakesh Garg | Director | 01 Jul 2008 | 18 Years 4 Months | As last reported |
| Sanjay Kumar Sachdev Also directs: Venus Sugar Limited, Veloztech Private Limited | Director | 22 Jul 2023 | 3 Years 3 Months | As last reported |
| Rakesh Kumar Bajaj Also directs: Hindustan Powerprojects Private Limited, First Bash Enterprises Private Limited, Edge Fintech Private Limited and 1 more | Director | 22 Jul 2023 | 3 Years 3 Months | As last reported |
| Sunil Gupta | Director | 01 Jul 2008 | 18 Years 4 Months | As last reported |
| Rajiv Bajaj | Irp/Rp/Liquidator | 21 Mar 2025 | 1 Years 7 Months | As last reported |
Peer comparison
Ascot Projects Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aavali Property Developers Private Limited | ₹12.32 Lakh (FY 2025) | -3.0% | Ahmedabad, Gujarat, India | |||
| Improved Realtors Private Limited | ₹12.31 Lakh (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Ascot Projects Private Limitedthis company | ₹12.31 Lakh (FY 2024) | -₹46,961 | -3.8% | 9.0% | New Delhi, Delhi, India | |
| Sunwill Developers Private Limited | ₹12.31 Lakh (FY 2025) | 45.0% | New Delhi, Delhi, India | |||
| Nischal Housing Private Limited | ₹12.3 Lakh (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Ascot Projects Private Limited, buy the company report.
Auditor
Ascot Projects Private Limited is audited by WALIA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALIA & ASSOCIATES | FY 2018 | 025005N |
Shareholding
The shareholding of Ascot Projects Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ascot Projects Private Limited, buy the company report.
Legal cases
Ascot Projects Private Limited has 16 court cases on record: 4 filed by Ascot Projects, 12 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 4 |
| NCLAT | 5 | 4 | 0 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Techzona Buildcon Private Limited and 1 other | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Renaissance Realty Inc. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by M/S JBK Devlopers | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company | Pending |
To see the full case history of Ascot Projects Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ascot Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascot Projects has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ascot Projects Private Limited, buy the company report.
Recent activity
Ascot Projects Private Limited has 22 board changes on record since 2008: 6 appointments and 16 cessations. The latest: Rajiv Bajaj was appointed as Irp/Rp/Liquidator on 21 Mar 2025.
13 earlier events are in the company report.
Frequently asked questions
Ascot Projects is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ascot Projects is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 January 2006 and is registered under CIN U45201DL2006PTC145584. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ascot Projects has 6 current directors:
- Rakesh Sharma - Additional Director
- Rakesh Garg - Director
- Sanjay Kumar Sachdev - Director
- Rakesh Kumar Bajaj - Director
- Sunil Gupta - Director
- Rajiv Bajaj - Irp/Rp/Liquidator
The latest financial statements of Ascot Projects 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 CIN (Corporate Identification Number) of Ascot Projects is U45201DL2006PTC145584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascot Projects has 16 court cases on record: 4 filed by the company and 12 filed against it. 4 are pending. Most are in the district courts.
Ascot Projects was incorporated on 30 January 2006. It is registered with the Registrar of Companies, Delhi.
The peers of Ascot Projects by revenue are Aavali Property Developers Private Limited, Improved Realtors Private Limited, Sunwill Developers Private Limited, Nischal Housing Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rajiv Bajaj was appointed as Irp/Rp/Liquidator on 21 Mar 2025. Arun Gopal Agarwal ceased to be Director on 10 Aug 2023. Suresh Mohan Gupta ceased to be Director on 10 Aug 2023. Ascot Projects has 22 board changes on record in total.
The registered office of Ascot Projects is at Plot No. U – 155 First Floor . Upadhayay Block Shakarpur, Opposite Laxmi Nagar Metro Station Gate No. 3&4 East Delhi, New Delhi, Delhi, India – 110092.
No. Ascot Projects has 1 GST registration on record and it is cancelled or inactive.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
