Ashcroft India Private Limited
About Ashcroft India Private Limited
Data last updated:
Ashcroft India Private Limited was a private limited company based in Chhatral, Gujarat, India, operated as a subsidiary of Ashcroft- Nagano Keiki Holdings Inc, Usa. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 27 December 2007.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2007PTC052464. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20.41 Lakh. It was led by directors including Pankajbhai Prahladbhai Patel (Managing Director) and Nishit Pankaj Patel.
Its last annual general meeting (AGM) was held on 26 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No. 2306 GIDC Chhatral Taluka : Kalol (Ng), Gujarat, India – 382729.
As per the financials filed for FY 2020, the company reported a revenue of ₹25,082, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹23,439 (net margin -93.4%) and EBITDA of ₹6,981 (EBITDA margin 27.8%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 83% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹5.21 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Company details
Contact details
Ashcroft India Private Limited's registered office is in Chhatral, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 2306 GIDC Chhatral Taluka : Kalol (Ng), Gujarat, India – 382729
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Ashcroft India 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 Ashcroft India Private Limited
FY 2020 filings availableAshcroft India Private Limited reported revenue of ₹25,082 (down 96% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over five years, including a 96% fall in the latest year. EBITDA rose 101% 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 |
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| EBITDA | ₹6,981 | ||||
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| Net Profit (PAT) | -₹23,439 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 27.8% | ||||
| Net Profit Margin | -93.4% | ||||
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To see the full financial statements and ratios of Ashcroft India Private Limited, buy the company report.
Board of directors of Ashcroft India Private Limited
Ashcroft India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishit Pankaj Patel | Director | 19 Mar 2008 | 18 Years 7 Months | As last reported |
| Harishbhai Prahladbhai Patel | Director | 19 Mar 2008 | 18 Years 7 Months | As last reported |
| Pankajbhai Prahladbhai Patel Also directs: Precision Mass Products Private Limited, Precision Mass Holdings Private Limited, Mascot Valves Private Limited and 1 more | Managing Director | 27 Dec 2007 | 18 Years 9 Months | As last reported |
Peer comparison
Ashcroft India Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajlaxmi Lasers Pvt Ltd | ₹28,194 (FY 2021) | 544.0% | Surat, Gujarat, India | |||
| Ankit Enterprises Pvt Ltd | ₹27,230 (FY 2024) | -26.0% | Hooghly, West Bengal, India | |||
| Borsa Engineering Technology Private Limited | ₹27,160 (FY 2024) | Pune, Maharashtra, India | ||||
| Javik Industries India Private Limited | ₹26,248 (FY 2020) | Gandhinagar, Gujarat, India | ||||
| Sterco Welders Private Limited | ₹25,650 (FY 2025) | -98.0% | New Delhi, Delhi, India | |||
| Ashcroft India Private Limitedthis company | ₹25,082 (FY 2020) | -₹23,439 | -93.4% | -96.0% | Chhatral, Gujarat, India | |
| Cosmos Hanex Private Limited | ₹25,000 (FY 2024) | 54.0% | Faridabad, Haryana, India | |||
| Nolam Services & Industries Private Limited | ₹24,637 (FY 2025) | -62.0% | Bangalore, Karnataka, India | |||
| M G Automation Private Limited | ₹24,000 (FY 2024) | Delhi, India | ||||
| Ipr Atmospheric Solutions Private Limited | ₹23,754 (FY 2024) | 146.0% | Pune, Maharashtra, India | |||
| Aaliaado Mac-B Private Limited | ₹23,500 (FY 2019) | Bengaluru, Karnataka, India |
To see the full peer comparison of Ashcroft India Private Limited, buy the company report.
Auditor
Ashcroft India Private Limited is audited by P M PATEL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M PATEL & CO | FY 2017 | 107741W |
Shareholding
The shareholding of Ashcroft India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashcroft India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2008 | 10129872 | Bank of Baroda | ₹5.21 Cr | Satisfied |
To see the full charge records of Ashcroft India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ashcroft India Private Limited has 5 court cases on record: 3 filed by Ashcroft India, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (SMST S) | Filed by the company against Titanium Tantalum Products Ltd. | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SMST R) | Filed by the company against M/S Pressure and Flow Controls, | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SMST S) | Filed by the company against M/S Pressure and Flow Controls | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Ashcroft India 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 Ashcroft India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ashcroft India has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Ashcroft India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashcroft India Private Limited, buy the company report.
Recent activity
Ashcroft India Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Jorg Peter Muller ceased to be Director on 10 Jan 2020.
5 earlier events are in the company report.
Frequently asked questions
Ashcroft India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ashcroft India was a private limited company based in Chhatral, Gujarat, India. The company worked in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 27 December 2007 and is registered under CIN U29100GJ2007PTC052464. The company has been struck off by the Registrar of Companies and is no longer operational.
Ashcroft India had 3 directors:
- Pankajbhai Prahladbhai Patel - Managing Director
- Nishit Pankaj Patel - Director
- Harishbhai Prahladbhai Patel - Director
The CIN (Corporate Identification Number) of Ashcroft India is U29100GJ2007PTC052464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ashcroft India is at Plot No. 2306 GIDC Chhatral Taluka : Kalol Ng, Gujarat, India – 382729.
Ashcroft India was incorporated on 27 December 2007. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Ashcroft India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 26 August 2020. Year-wise statements from 2015 are in the company report.
No. Ashcroft India has 1 GST registration on record and it is cancelled or inactive.
Ashcroft India operated in the machinery and equipment industry, in the process machinery and industrial equipment segment. It worked in this industry before it was struck off.
The peers of Ashcroft India by revenue are Rajlaxmi Lasers Pvt Ltd, Ankit Enterprises Pvt Ltd, Borsa Engineering Technology Private Limited, Javik Industries India Private Limited, Sterco Welders Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Ashcroft India has 5 court cases on record: 3 filed by the company and 2 filed against it.