Ashirbad Condev Private Limited
About Ashirbad Condev Private Limited
Data last updated:
Ashirbad Condev Private Limited is a private limited company based in Jajpur, Odisha, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 30 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45309OR2019PTC031409. Its GSTIN is 21AASCA5640H1ZQ (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Abinash Dash and Shruti Satapathy.
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 At – C/O – Parsuram Dash Alatiri P O – Panikoili Dist – Jajpur, Odisha, India – 755043.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.66 Cr, a growth of 122% compared to the previous year. For the same year it recorded a net profit of ₹5.32 Lakh (net margin 0.3%) and EBITDA of ₹50.66 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years.
As per MCA filings, the company has open charges of ₹2.85 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
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- Registered AddressAt – C/O – Parsuram Dash Alatiri P O – Panikoili Dist – Jajpur, Odisha, India – 755043
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
- One PDF report, delivered after checkout
Business Activity of Ashirbad Condev Private Limited
The main business activity of Ashirbad Condev is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashirbad Condev Private Limited FY 2025 filings available
Ashirbad Condev Private Limited reported revenue of ₹18.66 Cr (up 122% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashirbad Condev Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 170% over three years, including 122% growth in the latest year. EBITDA rose 96% 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 of Ashirbad Condev Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹50.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.32 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 of Ashirbad Condev Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ashirbad Condev are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ashirbad Condev Private Limited
Ashirbad Condev Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RCN Constructions Private Limited | ₹18.76 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Kolkata, West Bengal, India |
| Bherunath Construction Private Limited | ₹18.72 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Railmagra, Rajasthan, India |
| Aarohan Builders Private Limited | ₹18.69 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ranchi, Jharkhand, India |
| Conarc Consultancy Private Limited | ₹18.67 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Huzur, Madhya Pradesh, India |
| Tatpadam Upavan | ₹18.66 Cr (FY 2024) | •••• | •••• | 178.0% | •••• | Nathdwara, Rajasthan, India |
| Ashirbad Condev Private Limited this company | ₹18.66 Cr (FY 2024) | •••• | •••• | 122.0% | •••• | Jajpur, Odisha, India |
| Archis Buildtech Private Limited | ₹18.65 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Karvir, Maharashtra, India |
| Shree Balaji Infratech Private Limited | ₹18.65 Cr (FY 2024) | •••• | •••• | 292.0% | •••• | Pune, Maharashtra, India |
| Parmaz Properties Private Limited | ₹18.65 Cr (FY 2024) | •••• | •••• | •••• | Margao, Goa, India | |
| Morlatis Engineering and Construction Private Limited | ₹18.64 Cr (FY 2023) | •••• | •••• | 74.0% | •••• | Dinapur-Cum-Khagaul, Bihar, India |
| Alternate Construction and Contracting Private Limited | ₹18.64 Cr (FY 2025) | •••• | •••• | •••• | Ballabgarh, Haryana, India |
Peers are the five companies nearest above and the five nearest below Ashirbad Condev by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashirbad Condev Private Limited
Ashirbad Condev Private Limited is audited by DILLIP SAMIR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DILLIP SAMIR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ashirbad Condev Private Limited
Ashirbad Condev has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abinash Dash Also directs: Ashirbad Eng & Construction Private Limited | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Shruti Satapathy Also directs: Ashirbad Eng & Construction Private Limited | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Bikash Dash | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Ashirbad Condev Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashirbad Condev Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2023 | Axis Bank Limited | ₹2.85 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Ashirbad Condev Private Limited
Ashirbad Condev Private Limited has 2 court cases on record: 2 filed by Ashirbad Condev. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Court case (CONTC) | Filed by the company against an individual | Disposed |
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ashirbad Condev Private Limited
Employment history and EPFO contributions of people linked to Ashirbad Condev.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashirbad Condev Private Limited
Ashirbad Condev Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Ramesh Alahari ceased to be Additional Director on 26 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Ashirbad Condev Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashirbad Condev Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashirbad Condev Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashirbad Condev Private Limited
Ashirbad Condev has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AASCA5640H1ZQ | Odisha | Active | 01 Nov 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashirbad Condev Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashirbad Condev Private Limited
Ashirbad Condev is an active private limited company based in Jajpur, Odisha, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 30 July 2019 (7+ years old) and is registered under CIN U45309OR2019PTC031409.
Ashirbad Condev reported revenue of ₹18.66 Cr for FY 2024 (up 122% YoY).
Ashirbad Condev has 3 current directors:
- Abinash Dash - Director
- Shruti Satapathy - Director
- Bikash Dash - Director
Ashirbad Condev reported a net profit of ₹5.32 Lakh (net margin 0.3%) and EBITDA of ₹50.66 Lakh (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashirbad Condev is 170% over three years. In the latest year (FY 2024) revenue rose 122%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashirbad Condev is 21AASCA5640H1ZQ, registered in Odisha.
The CIN (Corporate Identification Number) of Ashirbad Condev is U45309OR2019PTC031409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashirbad Condev has 2 court cases on record: 2 filed by the company.
Ashirbad Condev was incorporated on 30 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ashirbad Condev by revenue are RCN Constructions Private Limited, Bherunath Construction Private Limited, Aarohan Builders Private Limited, Conarc Consultancy Private Limited, Tatpadam Upavan and 5 more, all in the Infrastructure industry (Construction Services).
Ramesh Alahari ceased to be Additional Director on 26 Mar 2021. Ramesh Alahari was appointed as Additional Director on 05 Nov 2020. Abinash Dash was appointed as Director on 30 Jul 2019. Ashirbad Condev has 5 board changes on record in total.