Ashapura Edifice Private Limited
About Ashapura Edifice Private Limited
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Ashapura Edifice 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 19 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2008PTC185909.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Chetan Sundarji Bhanushali and Dhanji Ganesha Patel.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 901 – 9th Floor Hallmark Business Plaza Gurunanak Hospital Road Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2020, the company reported a revenue of ₹71.73 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹45.12 Lakh (net margin 62.9%) and EBITDA of ₹59.05 Lakh (EBITDA margin 82.3%). Revenue has grown at a compounded annual rate (CAGR) of 396% over three years and 235% over five years.
Court records list 18 cases involving the company, including 6 filed by the company and 12 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashapura Edifice Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address901 – 9th Floor Hallmark Business Plaza Gurunanak Hospital Road Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashapura Edifice 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
Business activity
The main business activity of Ashapura Edifice is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Ashapura Edifice Private Limited
FY 2020 filings availableAshapura Edifice Private Limited reported revenue of ₹71.73 Lakh (down 67% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 235%. EBITDA fell 72% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹71.73 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹59.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.12 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.3% | ||||
| Net Profit Margin | 62.9% | ||||
| 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 Edifice Private Limited, buy the company report.
Board of directors of Ashapura Edifice Private Limited
Ashapura Edifice has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Sundarji Bhanushali | Director | 19 Aug 2008 | 18 Years 2 Months | Current |
| Dhanji Ganesha Patel Also directs: Options Real Estate Consultants LLP, DND Fashion Island Limited Liability Partnership, Ashapura Premises LLP and 5 more | Director | 07 Jul 2011 | 15 Years 3 Months | Current |
| Meena Chetan Bhanushali | Director | 01 Jun 2011 | 15 Years 5 Months | Current |
| Pravin Girish Chamaria Also directs: Options Real Estate Consultants LLP, Ashapura Premises LLP, Ashapura Arcade LLP and 5 more | Director | 01 Jun 2011 | 15 Years 5 Months | Current |
| Maya Hikmat Udhan | Director | 08 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Ashapura Edifice Private Limited is audited by A G MUNDRA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A G MUNDRA & CO | FY 2018 | 114518W |
Shareholding
The shareholding of Ashapura Edifice Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashapura Edifice Private Limited, buy the company report.
Legal cases
Ashapura Edifice Private Limited has 18 court cases on record: 6 filed by Ashapura Edifice, 12 filed against it. 9 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 6 |
| High courts | 7 | 4 | 3 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ashapura Options Private Limited Through Its Director Mr. Pravin Chamaria | Pending |
| High Court, MAHARASHTRA | Court case (APL) | Filed by the company against Ashapura Options Pvt Ltd and 3 others | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by PNB Housing Finance Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by PNB Housing Finance Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ashapura Developers | Pending |
To see the full case history of Ashapura Edifice 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 Edifice 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 Edifice Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashapura Edifice Private Limited has 7 board changes on record since 2008: 5 appointments and 2 cessations. The latest: Maya Hikmat Udhan was appointed as Director on 08 Nov 2011.
Frequently asked questions
Ashapura Edifice 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 19 August 2008 (18+ years old) and is registered under CIN U45400MH2008PTC185909.
Ashapura Edifice has 5 current directors:
- Chetan Sundarji Bhanushali - Director
- Dhanji Ganesha Patel - Director
- Meena Chetan Bhanushali - Director
- Pravin Girish Chamaria - Director
- Maya Hikmat Udhan - Director
The latest financial statements of Ashapura Edifice on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashapura Edifice is U45400MH2008PTC185909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashapura Edifice has 18 court cases on record: 6 filed by the company and 12 filed against it. 9 are pending. Most are in the district courts.
Ashapura Edifice was incorporated on 19 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Maya Hikmat Udhan was appointed as Director on 08 Nov 2011. Dhanji Ganesha Patel was appointed as Director on 07 Jul 2011. Himmat Sunderji Bhadra ceased to be Director on 16 Jun 2011. Ashapura Edifice has 7 board changes on record in total.
The registered office of Ashapura Edifice is at 901 – 9th Floor Hallmark Business Plaza Gurunanak Hospital Road Bandra East, Mumbai, Maharashtra, India – 400051.
Ashapura Edifice operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Ashapura Edifice is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.
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