Ashars Holding Private Limited
About Ashars Holding Private Limited
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Ashars Holding Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 04 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2000PTC125602.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹10.5 Lakh. It is led by directors including Akbar Mainuddin Kurawale and Swale Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at R No.1 Fatimabai Chawl Carter Road No.4 Jainuddin Compound Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.85 Lakh, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹26,019 (net margin 5.4%) and EBITDA of ₹40,112 (EBITDA margin 8.3%).
As per MCA filings, the company has open charges of ₹95,000 on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashars Holding Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressR No.1 Fatimabai Chawl Carter Road No.4 Jainuddin Compound Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 Ashars Holding 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 |
To see the full business activity and turnover split of Ashars Holding Private Limited, buy the company report.
Financials of Ashars Holding Private Limited
FY 2019 filings availableAshars Holding Private Limited reported revenue of ₹4.85 Lakh (up 94% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 94% in the latest year. EBITDA rose 98% 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
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| EBITDA | ₹40,112 | ||||
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| Net Profit (PAT) | ₹26,019 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5.4% | ||||
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To see the full financial statements and ratios of Ashars Holding Private Limited, buy the company report.
Board of directors of Ashars Holding Private Limited
Ashars Holding has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akbar Mainuddin Kurawale | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Swale Shaikh | Additional Director | 07 Oct 2020 | 6 Years 0 Months | Current |
| Daniel Anugandhi Nadar | Additional Director | 07 Oct 2020 | 6 Years 0 Months | Current |
| Meetesh Pratap Rajput | Additional Director | 07 Oct 2020 | 6 Years 0 Months | Current |
| Akash Ghanshyam Dubey | Additional Director | 07 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Ashars Holding Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhrutishree Engineers & Constructions Private Limited | ₹4.86 Lakh (FY 2024) | -81.0% | Bhubaneswar, Odisha, India | |||
| Relish Infrabuild Private Limited | ₹4.86 Lakh (FY 2025) | -62.0% | Khanapara, Assam, India | |||
| GSG Buildcon Private Limited | ₹4.86 Lakh (FY 2015) | 4771.0% | Delhi, India | |||
| Mkh14 Infradevelopers Private Limited | ₹4.86 Lakh (FY 2020) | 62.0% | Hyderabad, Telangana, India | |||
| Hriyansh Infracon Development Private Limited | ₹4.85 Lakh (FY 2025) | 91.0% | Hydrabad, Telangana, India | |||
| Ashars Holding Private Limitedthis company | ₹4.85 Lakh (FY 2019) | ₹26,019 | 5.4% | 94.0% | Mumbai, Maharashtra, India | |
| Yako Star Builders Private Limited | ₹4.84 Lakh (FY 2024) | -16.0% | Chennai, Tamil Nadu, India | |||
| Himalaya Containers and Cartons Private Limited | ₹4.84 Lakh (FY 2020) | Bangalore, Karnataka, India | ||||
| Speedtech Construction Private Limited | ₹4.84 Lakh (FY 2024) | 9011.0% | Navi Mumbai, Maharashtra, India | |||
| Accocca Developers Private Limited | ₹4.83 Lakh (FY 2024) | Patna, Bihar, India | ||||
| Karmbhoomi Builders Private Limited | ₹4.83 Lakh (FY 2023) | 4.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Ashars Holding Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2000 | 90147560 | Bank of Baroda; Khetwadi Branch; | ₹95,000 | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ashars Holding Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashars Holding 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 Ashars Holding Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashars Holding Private Limited has 12 board changes on record since 2016: 5 appointments and 7 cessations. The latest: Akash Ghanshyam Dubey was appointed as Additional Director on 07 Oct 2020.
4 earlier events are in the company report.
Frequently asked questions
Ashars Holding is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 04 April 2000 (26+ years old) and is registered under CIN U67120MH2000PTC125602.
Ashars Holding has 5 current directors:
- Akbar Mainuddin Kurawale - Director
- Swale Shaikh - Additional Director
- Daniel Anugandhi Nadar - Additional Director
- Meetesh Pratap Rajput - Additional Director
- Akash Ghanshyam Dubey - Additional Director
The latest financial statements of Ashars Holding on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashars Holding is U67120MH2000PTC125602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashars Holding was incorporated on 04 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashars Holding by revenue are Dhrutishree Engineers & Constructions Private Limited, Relish Infrabuild Private Limited, GSG Buildcon Private Limited, Mkh14 Infradevelopers Private Limited, Hriyansh Infracon Development Private Limited and 5 more, all in the same principal business activity (buildings).
Akash Ghanshyam Dubey was appointed as Additional Director on 07 Oct 2020. Ananta Krishna Shelar ceased to be Director on 07 Oct 2020. Daniel Anugandhi Nadar was appointed as Additional Director on 07 Oct 2020. Ashars Holding has 12 board changes on record in total.
The registered office of Ashars Holding is at R No.1 Fatimabai Chawl Carter Road No.4 Jainuddin Compound Borivali East, Mumbai, Maharashtra, India – 400066.
Ashars Holding operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Ashars Holding has open charges of ₹95,000 and no satisfied charges on record as per latest MCA filings.
The compliance status of Ashars Holding is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.