Asgard Properties Private Limited
About Asgard Properties Private Limited
Data last updated:
Asgard Properties Private Limited was a private limited company based in Mumbai, Maharashtra, 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 financial holding companies segment of the financial services sector. It was incorporated on 17 September 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1993PTC074012.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Murli Parumal Motiani and Trilok Motiani Parumal.
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 was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.97 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Lakh (net margin 30.2%) and EBITDA of ₹1.74 Lakh (EBITDA margin 34.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 21% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Asgard Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No.25 Niraj Ind. Pr. Co – Op. Soc. Ltd. 16 – B Mahal Ind. Estat. Off Mahakali Caves Rd, Andheri – E, Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Asgard 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
Financials of Asgard Properties Private Limited
FY 2024 filings availableAsgard Properties Private Limited reported revenue of ₹4.97 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 7% fall in the latest year. EBITDA fell 41% 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 |
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| Total Expenses | |||||
| EBITDA | ₹1.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.5 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.9% | ||||
| Net Profit Margin | 30.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Asgard Properties Private Limited, buy the company report.
Board of directors of Asgard Properties Private Limited
Asgard Properties has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murli Parumal Motiani Also directs: Arabal Construction LLP, Banderilla Properties Developers LLP, Asgard Properties LLP and 2 more | Director | 01 Nov 1993 | 33 Years 0 Months | As last reported |
| Trilok Motiani Parumal Also directs: Arabal Construction LLP, Banderilla Properties Developers LLP, Asgard Properties LLP and 2 more | Director | 01 Nov 1993 | 33 Years 0 Months | As last reported |
Peer comparison
Asgard Properties Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Holding Company), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nasr Holdings Private Limited | ₹5.25 Lakh (FY 2025) | -75.0% | Hyderabad, Telangana, India | |||
| Luar Investments Private Limited | ₹5.24 Lakh (FY 2025) | 62.0% | Bangalore, Karnataka, India | |||
| Sri Vithesa Holding Private Limited | ₹5.12 Lakh (FY 2025) | 39.0% | Chennai, Tamil Nadu, India | |||
| Trust Capital Holdings Private Limited | ₹5 Lakh (FY 2025) | -73.0% | Mumbai, Maharashtra, India | |||
| JMJ Holdings Private Limited | ₹5 Lakh (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Asgard Properties Private Limitedthis company | ₹4.97 Lakh (FY 2024) | ₹1.5 Lakh | 30.2% | -7.0% | Mumbai, Maharashtra, India | |
| Rajahbhat Tea Holding Company Private Limited | ₹4.88 Lakh (FY 2024) | 333.0% | Kolkata, West Bengal, India | |||
| Nessville Trading Private Limited | ₹4.85 Lakh (FY 2025) | 216.0% | Mumbai, Maharashtra, India | |||
| Synergy Commodities Private Limited | ₹4.77 Lakh (FY 2025) | -61.0% | Vadodara, Gujarat, India | |||
| Kamaal Universe Private Limited | ₹4.77 Lakh (FY 2025) | 67.0% | Hyderabad, Telangana, India | |||
| Oswal Holding Private Limited | ₹4.61 Lakh (FY 2025) | 26.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Asgard Properties Private Limited, buy the company report.
Auditor
Asgard Properties Private Limited is audited by NAIK DANAIT & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIK DANAIT & ASSOCIATES | FY 2022 | 123835W |
Shareholding
The shareholding of Asgard Properties Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asgard Properties Private Limited, buy the company report.
Legal cases
Asgard Properties Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax - 9 | Disposed |
To see the full case history of Asgard Properties 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 Asgard 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 Asgard Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asgard Properties Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Murli Parumal Motiani was appointed as Director on 01 Nov 1993.
Frequently asked questions
Asgard 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.
Asgard Properties was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial holding companies, within the financial services industry. It was incorporated on 17 September 1993 and is registered under CIN U45200MH1993PTC074012. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Asgard Properties is U45200MH1993PTC074012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asgard Properties had 2 directors:
- Murli Parumal Motiani - Director
- Trilok Motiani Parumal - Director
Asgard Properties was incorporated on 17 September 1993. It is registered with the Registrar of Companies, Mumbai.
The registered office of Asgard Properties is at Unit No.25 Niraj Ind. Pr. Co – Op. Soc. Ltd. 16 – B Mahal Ind. Estat. Off Mahakali Caves Rd, Andheri – E, Mumbai, Maharashtra, India – 400093.
The latest financial statements of Asgard Properties 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.
Asgard Properties operated in the financial services industry, in the financial holding companies segment.
The peers of Asgard Properties by revenue are Nasr Holdings Private Limited, Luar Investments Private Limited, Sri Vithesa Holding Private Limited, Trust Capital Holdings Private Limited, JMJ Holdings Private Limited and 5 more, all in the BFSI industry (Holding Company).
Asgard Properties has 1 court case on record: 1 filed against it.
Murli Parumal Motiani was appointed as Director on 01 Nov 1993. Trilok Motiani Parumal was appointed as Director on 01 Nov 1993.
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