About Ashdan Township Ventures Private Limited
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Ashdan Township Ventures Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45201PN2005PTC020918. Its GSTIN is 27AACCK7870M1ZX (Maharashtra).
The company has an authorised share capital of ₹30.1 Cr and a paid-up capital of ₹60. It was formerly known as Kumar Builders Township Ventures Private Limited. It is led by directors Nathu Mangde and Anil Shantilal Kankariya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Solitaire World Level 8 S.No. 36/1/1 Opp.Regency Classic Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,285.38 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Cr (net margin 0.2%) and EBITDA of ₹181.7 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 988% over three years.
As per MCA filings, the company has open charges of ₹1,200.5 Cr and satisfied charges of ₹5,754.3 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it; 7 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Cr; the latest was in December 2018. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is Calleis Infrastructure Private Limited with revenue of ₹1,368.13 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kul.co.in.
Company details
Contact details
Ashdan Township Ventures Private Limited's registered office is in Pune, Maharashtra. Its website is kul.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSolitaire World Level 8 S.No. 36/1/1 Opp.Regency Classic Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashdan Township Ventures 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 Ashdan Township Ventures is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Ashdan Township Ventures Private Limited, buy the company report.
Financials of Ashdan Township Ventures Private Limited
FY 2024 filings availableAshdan Township Ventures Private Limited reported revenue of ₹1,285.38 Cr (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 988%. EBITDA rose 121% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹181.7 Cr | ||||
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| Net Profit (PAT) | ₹2.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Ashdan Township Ventures Private Limited, buy the company report.
Board of directors of Ashdan Township Ventures Private Limited
Ashdan Township Ventures has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nathu Mangde Also directs: Nolinas Constructions LLP, Novelle Estates Private Limited, West Pune Realty LLP and 5 more | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
| Anil Shantilal Kankariya | Director | 25 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Ashdan Township Ventures Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calleis Infrastructure Private Limited | ₹1,368.13 Cr (FY 2025) | -53.0% | New Delhi, Delhi, India | |||
| Aqua Space Developers Private Limited | ₹1,307.4 Cr (FY 2025) | 22.0% | Hyderabad, Telangana, India | |||
| Ashdan Township Ventures Private Limitedthis company | ₹1,285.38 Cr (FY 2024) | ₹2.98 Cr | 0.2% | -33.0% | Pune, Maharashtra, India | |
| Kanakia Spaces Realty Private Limited | ₹1,252.29 Cr (FY 2024) | 95.0% | Mumbai, Maharashtra, India | |||
| Wave Megacity Centre Private Limited | ₹1,246.14 Cr (FY 2025) | 292.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ashdan Township Ventures Private Limited, buy the company report.
Auditor
Ashdan Township Ventures Private Limited is audited by Jaykumar D Shetti & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jaykumar D Shetti & Company | FY 2023 | 023957 |
Shareholding
The shareholding of Ashdan Township Ventures 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Ashdan Township Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2022 | 100616210 | Others | ₹1,200 Cr | Open | |
| 30 Jul 2003 | 90093911 | Davasna Dahakari Bank Ltd. | ₹50 Lakh | Open | |
| 09 Mar 2022 | 100566818 | Idbi Trusteeship Services Limited | ₹716.8 Cr | Satisfied | |
| 09 Mar 2022 | 100566810 | Idbi Trusteeship Services Limited | ₹225 Cr | Satisfied | |
| 30 Jun 2021 | 100462813 | Others | ₹350 Cr | Satisfied |
To see the full charge records of Ashdan Township Ventures Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Ashdan Township Ventures Private Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Cr; the latest was in December 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: Classic Hotel Management (India) Private Limited Seller: Kumar Urban Development Private Limited , an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Kumar Urban Development Private Limited Seller: Srei Equipment Finance Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Srei Equipment Finance Limited Seller: Kumar Urban Development Private Limited |
| Jul 2010 | Secondary share transfer | Undisclosed | Seller: Kumar Urban Development Private Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Kumar Urban Development Private Limited , Landmark Partners, an individual Seller: an individual |
To see the full deal history of Ashdan Township Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashdan Township Ventures Private Limited has 11 court cases on record: 1 filed by Ashdan Township Ventures, 10 filed against it. 7 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 7 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Pune, Maharashtra | Court case (M.C.A.) | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Ashdan Township Ventures 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 Ashdan Township Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashdan Township Ventures Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Ashdan Township Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK7870M1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashdan Township Ventures Private Limited, buy the company report.
Recent activity
Ashdan Township Ventures Private Limited has 16 board changes on record since 2008: 2 appointments and 14 cessations. The latest: Ashok Dhanraj Chordia ceased to be Additional Director on 29 Sep 2024.
36 earlier events are in the company report.
Frequently asked questions
Ashdan Township Ventures is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 June 2005 (21+ years old) and is registered under CIN U45201PN2005PTC020918.
Ashdan Township Ventures has 2 current directors:
- Nathu Mangde - Director
- Anil Shantilal Kankariya - Director
The latest financial statements of Ashdan Township Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashdan Township Ventures is 27AACCK7870M1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashdan Township Ventures is U45201PN2005PTC020918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashdan Township Ventures has 11 court cases on record: 1 filed by the company and 10 filed against it. 7 are pending. Most are in the district courts.
Ashdan Township Ventures was incorporated on 22 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Ashdan Township Ventures has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Cr; the latest was in December 2018.
The peers of Ashdan Township Ventures by revenue are Calleis Infrastructure Private Limited, Aqua Space Developers Private Limited, Kanakia Spaces Realty Private Limited, Wave Megacity Centre Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Ashok Dhanraj Chordia ceased to be Additional Director on 29 Sep 2024. Nilesh Vilaskumar Palresha ceased to be Additional Director on 04 Sep 2024. Sunil Shantilal Kankariya ceased to be Director on 12 Jul 2022. Ashdan Township Ventures has 16 board changes on record in total.
Ashdan Township Ventures can be reached through the website kul.co.in. Its registered office is in Pune, Maharashtra, India.