Asha Leasing and Housing Developments Pvt Ltd
About Asha Leasing and Housing Developments Pvt Ltd
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Asha Leasing and Housing Developments Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 March 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1986PTC039220. Its GSTIN is 27AAACA5096M1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.02 Lakh. It is led by directors Kishor Narsi Shah and Ashok Narshi Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 170 Khadilkar Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.12 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹97.96 Lakh (net margin 87.3%) and EBITDA of ₹98.67 Lakh (EBITDA margin 87.9%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹2.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address170 Khadilkar Road, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Real Estate Financing
- 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 Asha Leasing and Housing Developments Pvt Ltd
The main business activity of Asha Leasing and Housing Developments is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | 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 Asha Leasing and Housing Developments Pvt Ltd FY 2025 filings available
Asha Leasing and Housing Developments Pvt Ltd reported revenue of ₹1.12 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asha Leasing and Housing Developments Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 21% growth in the latest year. EBITDA rose 20% 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 Asha Leasing and Housing Developments Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹98.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹97.96 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 Asha Leasing and Housing Developments Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 87.3% | •••• | •••• | •••• | •••• |
| 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 Asha Leasing and Housing Developments 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.
Board of Directors of Asha Leasing and Housing Developments Pvt Ltd
Asha Leasing and Housing Developments has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Narsi Shah Also directs: Poonam Paper Impex (India) Private Limited | Director | 26 Jun 2010 | 16 Years 3 Months | Current |
| Ashok Narshi Shah Also directs: Poonam Paper Impex (India) Private Limited | Director | 26 Jun 2010 | 16 Years 3 Months | Current |
Peer Comparison of Asha Leasing and Housing Developments Pvt Ltd
Asha Leasing and Housing Developments Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amity India Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Delhi, India |
| BVS Studios Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -86.0% | •••• | Kolkata, West Bengal, India |
| Sherose Hospitality Private Limited | ₹1.12 Cr (FY 2023) | •••• | •••• | 241.0% | •••• | Delhi, India |
| Tangent Holdings Pvt Ltd | ₹1.12 Cr (FY 2023) | •••• | •••• | 4577.0% | •••• | Kolkata, West Bengal, India |
| Sanat Villa Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Durg, Chhattisgarh, India |
| Asha Leasing and Housing Developments Pvt Ltd this company | ₹1.12 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Fleuron Supply Pvt Ltd | ₹1.12 Cr (FY 2022) | •••• | •••• | 673.0% | •••• | Howrah, West Bengal, India |
| Rupa Properties and Securities Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 3607.0% | •••• | Mumbai, Maharashtra, India |
| Motisons Buildtech Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Jaipur, Rajasthan, India |
| Tiles and Pottery Works Company Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 666.0% | •••• | Vadodara, Gujarat, India |
| Panchshree Buildcon Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Siliguri, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Asha Leasing and Housing Developments by revenue in the BFSI industry (Real Estate Leasing), 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 Asha Leasing and Housing Developments Pvt Ltd
Asha Leasing and Housing Developments Pvt Ltd is audited by HSMP & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HSMP & Associates LLP | 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.
Ownership and Shareholding of Asha Leasing and Housing Developments Pvt Ltd
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 Asha Leasing and Housing Developments Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2025 | Hdfc Bank Limited | ₹2.15 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Asha Leasing and Housing Developments Pvt Ltd
Employment history and EPFO contributions of people linked to Asha Leasing and Housing Developments.
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 Asha Leasing and Housing Developments Pvt Ltd
Asha Leasing and Housing Developments Pvt Ltd has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Parul Gaurang Mehta ceased to be Director on 11 Jan 2013.
Credit Ratings, Litigation & Regulatory Alerts for Asha Leasing and Housing Developments Pvt Ltd
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 Asha Leasing and Housing Developments Pvt Ltd
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 Asha Leasing and Housing Developments Pvt Ltd
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 Asha Leasing and Housing Developments Pvt Ltd
Asha Leasing and Housing Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA5096M1ZB | Maharashtra | Active | 01 Jul 2017 |
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 Asha Leasing and Housing Developments Pvt Ltd
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 Asha Leasing and Housing Developments Pvt Ltd
Asha Leasing and Housing Developments is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 March 1986 (40+ years old) and is registered under CIN U45200MH1986PTC039220.
Asha Leasing and Housing Developments reported revenue of ₹1.12 Cr for FY 2025 (up 21% YoY).
Asha Leasing and Housing Developments has 2 current directors:
- Kishor Narsi Shah - Director
- Ashok Narshi Shah - Director
Asha Leasing and Housing Developments reported a net profit of ₹97.96 Lakh (net margin 87.3%) and EBITDA of ₹98.67 Lakh (EBITDA margin 87.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asha Leasing and Housing Developments is 43% over three years and 32% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asha Leasing and Housing Developments is 27AAACA5096M1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asha Leasing and Housing Developments is U45200MH1986PTC039220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Leasing and Housing Developments was incorporated on 14 March 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asha Leasing and Housing Developments by revenue are Amity India Private Limited, BVS Studios Private Limited, Sherose Hospitality Private Limited, Tangent Holdings Pvt Ltd, Sanat Villa Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Parul Gaurang Mehta ceased to be Director on 11 Jan 2013. Ashok Narshi Shah ceased to be Additional Director on 30 Sep 2010. Kishor Narsi Shah ceased to be Additional Director on 30 Sep 2010. Asha Leasing and Housing Developments has 6 board changes on record in total.
The registered office of Asha Leasing and Housing Developments is at 170 Khadilkar Road, Mumbai, Maharashtra, India – 400004.