About Ashapura Mine Explore Private Limited
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Ashapura Mine Explore Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the iron ores includes mining of hematite segment of the mining sector. It was incorporated on 30 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U13100MH2003PTC142944.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.39 Cr. It is led by directors Suryakant Matulal Shah and Vijay Prabhakar Parab.
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 Lawrence & Mayo House Iind Fl. 276 D. N. Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.79 Lakh, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 64.1%) and EBITDA of ₹4.55 Lakh (EBITDA margin 94.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
Its group structure includes 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is 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 ashapura.com.
Company details
Contact details
Ashapura Mine Explore Private Limited's registered office is in Mumbai, Maharashtra. Its website is ashapura.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLawrence & Mayo House Iind Fl. 276 D. N. Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryMining, Iron Ores Includes Mining Of Hematite, Mining, Magnetite
To see the full contact details of Ashapura Mine Explore 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 Mine Explore Private Limited
FY 2025 filings availableAshapura Mine Explore Private Limited reported revenue of ₹4.79 Lakh (up 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 62% growth in the latest year. EBITDA rose 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.55 Lakh | ||||
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| Net Profit (PAT) | ₹3.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 94.9% | ||||
| Net Profit Margin | 64.1% | ||||
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To see the full financial statements and ratios of Ashapura Mine Explore Private Limited, buy the company report.
Board of directors of Ashapura Mine Explore Private Limited
Ashapura Mine Explore has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryakant Matulal Shah Also directs: SKVH Trading LLP, Aura Alkalies and Chemicals Private Limited, Ashapura Claytech Limited and 5 more | Director | 16 Jan 2006 | 20 Years 9 Months | Current |
| Vijay Prabhakar Parab | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Ashapura Mine Explore Private Limited is audited by M.K.GOHEL & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.K.GOHEL & ASSOCIATES | FY 2015 | 038823 |
Shareholding
The shareholding of Ashapura Mine Explore Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashapura Mine Explore Private Limited, buy the company report.
Legal cases
Ashapura Mine Explore Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Ashapura Mine Explore 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 Mine Explore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ashapura Mine Explore has 1 subsidiary company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mahagujarat Chamunda Cements Company Private Limited | U26960MH2006PTC160189 |
To see the full group structure of Ashapura Mine Explore Private Limited, buy the company report.
GST
No GST registration is on our record for Ashapura Mine Explore Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashapura Mine Explore Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Vijay Prabhakar Parab ceased to be Additional Director on 30 Nov 2021.
News
Frequently asked questions
Ashapura Mine Explore is an active private limited company based in Mumbai, Maharashtra, India. The company works in iron ores includes mining of hematite, within the mining industry. It was incorporated on 30 October 2003 (23+ years old) and is registered under CIN U13100MH2003PTC142944.
Ashapura Mine Explore has 2 current directors:
- Suryakant Matulal Shah - Director
- Vijay Prabhakar Parab - Director
The latest financial statements of Ashapura Mine Explore 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 Mine Explore is U13100MH2003PTC142944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashapura Mine Explore has 2 court cases on record: 2 filed against it. 1 is pending.
Ashapura Mine Explore was incorporated on 30 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Prabhakar Parab ceased to be Additional Director on 30 Nov 2021. Mahendra Hiralal Chokshi ceased to be Director on 01 Jul 2021. Vijay Prabhakar Parab was appointed as Director on 01 Jul 2021. Ashapura Mine Explore has 6 board changes on record in total.
Ashapura Mine Explore can be reached through the website ashapura.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ashapura Mine Explore is at Lawrence & Mayo House Iind Fl. 276 D. N. Road Fort, Mumbai, Maharashtra, India – 400001.
Ashapura Mine Explore operates in the mining industry, in the iron ores includes mining of hematite segment.