
Ashapura Developers Private Limited
About Ashapura Developers Private Limited
Data last updated:
Ashapura Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2001PTC132913.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Naresh Khubchand Mulchandani and Ratanshi Naranbhai Patel.
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 Mumbai, Maharashtra.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashapura Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 308B Wing Galleria Shopping Mall, Hiranandani Near Icici Bank Powai, Mumbai, Maharashtra, India – 400076
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashapura Developers 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 Ashapura Developers Private Limited
FY 2025 filings availableFinancial 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Ashapura Developers Private Limited, buy the company report.
Board of directors of Ashapura Developers Private Limited
Ashapura Developers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Khubchand Mulchandani Also directs: Gayatri Developers and Contractors LLP | Director | 30 Jul 2001 | 25 Years 2 Months | Current |
| Ratanshi Naranbhai Patel Also directs: Gayatri Constructors LLP | Director | 30 Jul 2001 | 25 Years 2 Months | Current |
| Dhansukh Akhai Patel | Director | 30 Jul 2001 | 25 Years 2 Months | Current |
| Pritesh Shamjibhai Patel Also directs: Gayatri Developers and Contractors LLP, Gayatri Creators LLP | Director | 25 Mar 2023 | 3 Years 6 Months | Current |
Auditor
Ashapura Developers Private Limited is audited by NPV AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NPV AND ASSOCIATES | FY 2023 | 129408W |
Shareholding
The shareholding of Ashapura Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashapura Developers Private Limited, buy the company report.
Legal cases
Ashapura Developers 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 |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation H - East Ward | Disposed |
To see the full case history of Ashapura Developers 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 Ashapura Developers 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 Ashapura Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashapura Developers Private Limited has 6 board changes on record since 2001: 5 appointments and 1 cessation. The latest: Vasant Manji Bhadra ceased to be Director on 24 Aug 2023.
Frequently asked questions
Ashapura Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 July 2001 (25+ years old) and is registered under CIN U45201MH2001PTC132913.
Ashapura Developers has 4 current directors:
- Naresh Khubchand Mulchandani - Director
- Ratanshi Naranbhai Patel - Director
- Dhansukh Akhai Patel - Director
- Pritesh Shamjibhai Patel - Director
The latest financial statements of Ashapura Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashapura Developers is U45201MH2001PTC132913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashapura Developers has 1 court case on record: 1 filed against it.
Ashapura Developers was incorporated on 30 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Vasant Manji Bhadra ceased to be Director on 24 Aug 2023. Pritesh Shamjibhai Patel was appointed as Director on 25 Mar 2023. Dhansukh Akhai Patel was appointed as Director on 30 Jul 2001. Ashapura Developers has 6 board changes on record in total.
The registered office of Ashapura Developers is at Office No 308B Wing Galleria Shopping Mall, Hiranandani Near Icici Bank Powai, Mumbai, Maharashtra, India – 400076.
Ashapura Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Ashapura Developers is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.