
About Asha Real Estates & Developers Pvt Ltd
Data last updated:
Asha Real Estates & Developers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2002PTC095262. Its GSTIN is 19AAECA4266F1ZP (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.43 Cr. It is led by directors Madhabi Saha and Ashim Saha.
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 163 Rabindra Sarani2Nd Floor Room No 210, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.49 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹78.86 Lakh (net margin 17.6%) and EBITDA of ₹1.39 Cr (EBITDA margin 31%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.5 Cr and satisfied charges of ₹2 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashareal.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address163 Rabindra Sarani2Nd Floor Room No 210, Kolkata, West Bengal, India – 700007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Real Estates & Developers Pvt Ltd
The main business activity of Asha Real Estates & Developers 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 Real Estates & Developers Pvt Ltd FY 2024 filings available
Asha Real Estates & Developers Pvt Ltd reported revenue of ₹4.49 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asha Real Estates & Developers Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 17% fall in the latest year. EBITDA fell 29% 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 Real Estates & Developers Pvt Ltd
| 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 | ₹1.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹78.86 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 Real Estates & Developers Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.6% | •••• | •••• | •••• | •••• |
| 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 Real Estates & Developers 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 Asha Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers Pvt Ltd is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deodate Environmental Homes Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Thiruvananthapuram, Kerala, India |
| Nimit Builders Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 118.0% | •••• | New Delhi, Delhi, India |
| Somya Contractor and Developer Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Patna, Bihar, India |
| Geetanjali Urbanx Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | -86.0% | •••• | Bangalore, Karnataka, India |
| PJR Property & Developers Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Chennai, Tamil Nadu, India |
| Asha Real Estates & Developers Pvt Ltd this company | ₹4.49 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Dharmaja Developers Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Hyderabad, Telangana, India |
| Abhinav Infratech Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Vascon Dwellings Private Limited | ₹4.49 Cr (FY 2016) | •••• | •••• | -90.0% | •••• | Mumbai, Maharashtra, India |
| Darshanam Life Space Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | -75.0% | •••• | Vadodara, Gujarat, India |
| Aadeshri Realestate Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Asha Real Estates & Developers by revenue in the Real Estate industry (Builders and Developers), 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 Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers Pvt Ltd is audited by R.MAHAJAN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.MAHAJAN & CO. | 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 Asha Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhabi Saha | Director | 08 Oct 2002 | 24 Years 0 Months | Current |
| Ashim Saha | Director | 08 Oct 2002 | 24 Years 0 Months | Current |
Ownership and Shareholding of Asha Real Estates & Developers 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 Real Estates & Developers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2025 | Idbi Bank Limited | ₹1.8 Cr | Open |
| 08 Jan 2025 | Idbi Bank Limited | ₹19.7 Lakh | Open |
| 15 Feb 2023 | Idbi Bank Limited | ₹1.5 Cr | Open |
| 27 Mar 2015 | Idbi Bank Limited | ₹3 Cr | Open |
| 07 Nov 2015 | Allahabad Bank | ₹2 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Asha Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers Pvt Ltd has 6 court cases on record: 3 filed by Asha Real Estates & Developers, 3 filed against it. 3 cases are pending and 3 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Debdip Rubber Works Pvt Ltd | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| Calcutta High Court | Court case (CO) | Filed by the company against Commissioner Bidhannagar Municipal Corporation | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Revision petition | Filed by the company against an individual | Disposed |
Full case history
All 6 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 Asha Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers Pvt Ltd has a workforce of 6 employees as of Apr 06, 2024.
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 Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers Pvt Ltd has 2 board changes on record since 2002: 2 appointments. The latest: Ashim Saha was appointed as Director on 08 Oct 2002.
Credit Ratings, Litigation & Regulatory Alerts for Asha Real Estates & Developers 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 Real Estates & Developers 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 Real Estates & Developers 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 Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECA4266F1ZP | West Bengal | 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 Real Estates & Developers 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 Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 October 2002 (24+ years old) and is registered under CIN U45201WB2002PTC095262.
Asha Real Estates & Developers reported revenue of ₹4.49 Cr for FY 2024 (down 17% YoY).
Asha Real Estates & Developers has 2 current directors:
- Madhabi Saha - Director
- Ashim Saha - Director
Asha Real Estates & Developers reported a net profit of ₹78.86 Lakh (net margin 17.6%) and EBITDA of ₹1.39 Cr (EBITDA margin 31%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asha Real Estates & Developers is -7% over three years. In the latest year (FY 2024) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asha Real Estates & Developers is 19AAECA4266F1ZP, registered in West Bengal.
The CIN (Corporate Identification Number) of Asha Real Estates & Developers is U45201WB2002PTC095262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Real Estates & Developers has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Asha Real Estates & Developers was incorporated on 08 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Asha Real Estates & Developers by revenue are Deodate Environmental Homes Private Limited, Nimit Builders Private Limited, Somya Contractor and Developer Private Limited, Geetanjali Urbanx Private Limited, PJR Property & Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ashim Saha was appointed as Director on 08 Oct 2002. Madhabi Saha was appointed as Director on 08 Oct 2002.