- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-03-0001369

Ashadeep Aquaculture Pvt Ltd
About Ashadeep Aquaculture Pvt Ltd
Data last updated:
Ashadeep Aquaculture Pvt Ltd is a private limited company based in Khantapada, Odisha, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 27 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U05001OR1994PTC003624. Its GSTIN is 21AACCA2382G1Z7 (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹2.56 Cr. It is led by directors Vivek Kumar Beltharia and Vishal Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Tinipada Jugalkishorepur P.O – Khantapada, Odisha, India – 756043.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45.1 Lakh (net margin 2.2%) and EBITDA of ₹5.27 Cr (EBITDA margin 25.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹21.37 Cr and satisfied charges of ₹114.97 Cr on record. Court records list 29 cases involving the company, including 11 filed by the company and 18 filed against it; 16 cases are pending.
Ashadeep Aquaculture Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-03-0001369). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ashadeep Aquaculture
Contact details
Ashadeep Aquaculture Pvt Ltd's registered office is in Khantapada, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressTinipada Jugalkishorepur P.O – Khantapada, Odisha, India – 756043
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Ashadeep Aquaculture Pvt Ltd, 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
Business activity
The main business activity of Ashadeep Aquaculture is agriculture, forestry, fishing. In detail, this covers fishing and aquaculture.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A3 | Fishing and aquaculture |
To see the full business activity and turnover split of Ashadeep Aquaculture Pvt Ltd, buy the company report.
Financials of Ashadeep Aquaculture Pvt Ltd
FY 2023 filings availableAshadeep Aquaculture Pvt Ltd reported revenue of ₹20.86 Cr (up 227% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 227% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 895% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.86 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.1 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.3% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ashadeep Aquaculture Pvt Ltd, buy the company report.
Board of directors of Ashadeep Aquaculture Pvt Ltd
Ashadeep Aquaculture has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Kumar Beltharia | Director | 04 Sep 2020 | 6 Years 2 Months | Current |
| Vishal Kumar Also directs: Shree Mookambika Ferro Alloys Private Limited, Raiseland Steel's Private Limited, Next Craft Beverages Private Limited and 4 more | Director | 10 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Ashadeep Aquaculture Pvt Ltd is compared with the 6 companies closest to it by revenue in the Agriculture industry (Aquaculture, Fishing Industry), with the same principal business activity (fishing and aquaculture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salamat Seafoods Private Limited | ₹24.71 Cr (FY 2024) | 59.0% | Kolkata, West Bengal, India | |||
| Phoenix Marine Exports and Solution Private Limited | ₹22.8 Cr (FY 2025) | Bhubaneswar, Odisha, India | ||||
| Radha Krishna Aqua Traders Private Limited | ₹21.15 Cr (FY 2022) | 28.0% | Hyderabad, Telangana, India | |||
| Ashadeep Aquaculture Pvt Ltdthis company | ₹20.86 Cr (FY 2023) | ₹45.1 Lakh | 2.2% | 227.0% | Khantapada, Odisha, India | |
| Harventurs Farming and Housing Projects Private Limited | ₹20.03 Cr (FY 2024) | 478.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Seaworth Aqua Products Pvt Ltd | ₹19.28 Cr (FY 2024) | 165.0% | Kolkata, West Bengal, India | |||
| G B Fisheries Private Limited | ₹18.69 Cr (FY 2025) | 46.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Ashadeep Aquaculture Pvt Ltd, buy the company report.
Auditor
Ashadeep Aquaculture Pvt Ltd is audited by DIPAK PAUL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIPAK PAUL & ASSOCIATES | FY 2023 | 328927E |
Shareholding
The shareholding of Ashadeep Aquaculture Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashadeep Aquaculture Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101180390 | Others | ₹10 Lakh | Open | |
| 07 Jan 2022 | 100542556 | Others | ₹32 Lakh | Open | |
| 21 Dec 2021 | 100512981 | Others | ₹20 Lakh | Open | |
| 05 Nov 2021 | 100504227 | Canara Bank | ₹1.1 Cr | Open | |
| 20 Mar 2021 | 100436898 | Canara Bank | ₹19.5 Cr | Open |
To see the full charge records of Ashadeep Aquaculture Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
Ashadeep Aquaculture Pvt Ltd has 29 court cases on record: 11 filed by Ashadeep Aquaculture, 18 filed against it. 16 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 11 |
| High courts | 13 | 3 | 5 |
| NCLT | 2 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed against the company by Magnum Sea Foods Ltd., BBSR | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Nippai Shalimar Feeds Pvt. Ltd. | Pending |
| District court, Khurda, Orissa | Court case (I . c. c) | Filed against the company by Magnum Seafoods Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Watertech Engineers Pvt Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Growel Feeds Pvt Ltd | Disposed |
To see the full case history of Ashadeep Aquaculture Pvt Ltd, 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.
Credit ratings & regulatory alerts
Ashadeep Aquaculture Pvt Ltd was last rated by Crisil on 12 Sep 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Sep 2017 |
To see the full credit ratings and regulatory alerts of Ashadeep Aquaculture Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashadeep Aquaculture Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashadeep Aquaculture has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCA2382G1Z7 | Odisha | Active | 01 Jul 2017 |
| 19AACCA2382G1ZS | West Bengal | Active | 26 Aug 2017 |
To see the full GST registrations and return filing status of Ashadeep Aquaculture Pvt Ltd, buy the company report.
Recent activity
Ashadeep Aquaculture Pvt Ltd has 12 board changes on record since 1994: 7 appointments and 5 cessations. The latest: Omkar Trivedi Nath ceased to be Managing Director on 16 Mar 2022.
23 earlier events are in the company report.
Frequently asked questions
Ashadeep Aquaculture is an active private limited company based in Khantapada, Odisha, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 27 May 1994 (32+ years old) and is registered under CIN U05001OR1994PTC003624.
Ashadeep Aquaculture has 2 current directors:
- Vivek Kumar Beltharia - Director
- Vishal Kumar - Director
The latest financial statements of Ashadeep Aquaculture on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashadeep Aquaculture is 21AACCA2382G1Z7, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AACCA2382G1ZS (West Bengal).
The CIN (Corporate Identification Number) of Ashadeep Aquaculture is U05001OR1994PTC003624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashadeep Aquaculture has 29 court cases on record: 11 filed by the company and 18 filed against it. 16 are pending. Most are in the district courts.
Ashadeep Aquaculture was incorporated on 27 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ashadeep Aquaculture by revenue are Salamat Seafoods Private Limited, Phoenix Marine Exports and Solution Private Limited, Radha Krishna Aqua Traders Private Limited, Harventurs Farming and Housing Projects Private Limited, Seaworth Aqua Products Pvt Ltd and 1 more, all in the Agriculture industry (Aquaculture, Fishing Industry), with the same principal business activity (fishing and aquaculture).
Omkar Trivedi Nath ceased to be Managing Director on 16 Mar 2022. Prosenjit Ghosh ceased to be Director on 14 Sep 2020. Vivek Kumar Beltharia was appointed as Director on 04 Sep 2020. Ashadeep Aquaculture has 12 board changes on record in total.
Yes, Ashadeep Aquaculture is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-03-0001369).
The registered office of Ashadeep Aquaculture is at Tinipada Jugalkishorepur P.O – Khantapada, Odisha, India – 756043.

