MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0209511
Ashani Products Private Limited
Ashani Products Private Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹3.69 Cr
▲ 47% YoY
Net profit · FY 2026
₹78,880
Net margin 0.2%
EBITDA · FY 2026
₹7.7 Lakh
EBITDA margin 2.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹45 Lakh
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Ashani Products Private Limited
Data last updated:
Ashani Products Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 08 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15491GJ2004PTC044426. Its GSTIN is 24AAECA8337M1ZF (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jasvindarsingh Harcharansingh Madan and Sunny Jasvindersingh Madan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 402 Aditya Apartment Mithila Colony Navrang School Six Road Navrangpura, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2026, the company reported a revenue of ₹3.69 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹78,880 (net margin 0.2%) and EBITDA of ₹7.7 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 19 cases involving the company, including 17 filed by the company and 2 filed against it; 1 case is pending.
Ashani Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0209511). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15491GJ2004PTC044426
Registration Number 044426
Incorporation Date 08 July 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0209511
Recognitions & Rankings of Ashani Products
Contact details
Ashani Products Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address402 Aditya Apartment Mithila Colony Navrang School Six Road Navrangpura, Ahmedabad, Gujarat, India – 380014
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Ashani Products Private Limited, buy the company report.
Comprehensive company report
Ashani Products Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Ashani Products is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ashani Products Private Limited, buy the company report.
Financials of Ashani Products Private Limited
FY 2026 filings availableAshani Products Private Limited reported revenue of ₹3.69 Cr (up 47% YoY) for FY 2026.
Revenue · FY 2026
₹3.69 Cr ▲ 47%
Net profit · FY 2026
₹78,880 margin 0.2%
EBITDA · FY 2026
₹7.7 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 17%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 11%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 47% growth in the latest year. EBITDA rose 4% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.69 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78,880 | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Ashani Products Private Limited, buy the company report.
Board of directors of Ashani Products Private Limited
Ashani Products has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasvindarsingh Harcharansingh Madan | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Sunny Jasvindersingh Madan | Director | 14 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Ashani Products Private Limited is audited by JAIN KEDIA AND SHARMA for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN KEDIA AND SHARMA | FY 2026 | 103920W |
Shareholding
The shareholding of Ashani Products Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashani Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2015 | 10578528 | Bank of India | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Ashani Products Private Limited has 19 court cases on record: 17 filed by Ashani Products, 2 filed against it. 1 case is pending and 18 are disposed.
Total cases
19
Filed by the company
17
Filed against the company
2
Pending
1
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 0 | 1 |
| District courts | 5 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Jivraj Tea Limited and 2 Ors | Pending |
| High Court, GUJARAT | Court case (RA) | Filed by the company against Jivraj Tea Limited and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Jivraj Tea Limited and 2 Ors. and 2 others | Disposed |
| Supreme Court | Court case (2804-Mercantile Laws, Commercial Transactions Including Banking : Trade Marks/Copy Rights/Patents/Design Act) | Filed by the company against Jivraj Tea Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Jivraj Tea Limited | Disposed |
To see the full case history of Ashani Products 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 Ashani Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashani Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA8337M1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashani Products Private Limited, buy the company report.
Recent activity
Ashani Products Private Limited has 10 board changes on record since 2004: 6 appointments and 4 cessations. The latest: Ashok Kumar Bihani ceased to be Director on 14 Dec 2024.
Filing
Ashani Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Ashok Kumar Bihani ceased to be Director.
Appointed
Sunny Jasvindersingh Madan was appointed as Director.
AGM
Ashani Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 45.00 Lakh with Charge ID 10578528 was registered on 13 Jun 2015.
Ceased
Tarjinderkaur Jashwindersingh Madan ceased to be Director.
Appointed
Jasvindarsingh Harcharansingh Madan was appointed as Director.
Ceased
Ashok Dayaram Sajnani ceased to be Director.
Ceased
Harmeetkaur Rajendrasingh Madan ceased to be Director.
Appointed
Ashok Dayaram Sajnani was appointed as Director.
Appointed
Ashok Kumar Bihani was appointed as Director.
Appointed
Harmeetkaur Rajendrasingh Madan was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Ashani Products is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 08 July 2004 (22+ years old) and is registered under CIN U15491GJ2004PTC044426.
Ashani Products has 2 current directors:
- Jasvindarsingh Harcharansingh Madan - Director
- Sunny Jasvindersingh Madan - Director
The latest financial statements of Ashani Products on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashani Products is 24AAECA8337M1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashani Products is U15491GJ2004PTC044426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashani Products has 19 court cases on record: 17 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Ashani Products was incorporated on 08 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashok Kumar Bihani ceased to be Director on 14 Dec 2024. Sunny Jasvindersingh Madan was appointed as Director on 14 Dec 2024. Tarjinderkaur Jashwindersingh Madan ceased to be Director on 29 Apr 2013. Ashani Products has 10 board changes on record in total.
Yes, Ashani Products is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0209511).
The registered office of Ashani Products is at 402 Aditya Apartment Mithila Colony Navrang School Six Road Navrangpura, Ahmedabad, Gujarat, India – 380014.
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