India's Richest People 2026 edition · 3 directors · Source: Hurun India
- #1,233 Vikas Poddar ₹1,900 Cr
- #1,233 Deepak Poddar ₹1,900 Cr
- #1,233 Pawan Poddar ₹1,900 Cr
Revenue · FY 2024
₹1.12 Cr
▼ 83% YoY
Net loss · FY 2024
₹6.39 Cr
Latest filing
EBITDA · FY 2024
-₹6.36 Cr
Latest filing
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.23 Lakh
Issued & subscribed
Open charges
₹3.17 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
45
Provident fund records
About Ashirvad Enterprises Private Limited
Data last updated:
Ashirvad Enterprises Private Limited is a private limited company based in Bihar, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 17 February 1997 and has been in existence for over 29 years.
Its director Vikas Poddar is #1,233 among India's richest people (2026). Its director Deepak Poddar is #1,233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U00331BR1997PTC007728. Its GSTIN is 10AABCA9479M1ZE (Bihar).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.23 Lakh. It is led by directors including Lakshmi Niwas Poddar (Managing Director) and Deepak Poddar.
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 Podar Tileswest Of Canal Bailey Road Patna 801503., Bihar, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.12 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹6.39 Cr and EBITDA of -₹6.36 Cr. Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 52% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.17 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashirvadpure.com.
Company Details of Ashirvad Enterprises Private Limited
CIN U00331BR1997PTC007728
Registration Number 007728
Incorporation Date 17 February 1997
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Ashirvad Enterprises
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPodar Tileswest Of Canal Bailey Road Patna 801503., Bihar, India
- IndustryManufacturing, Pipe & Tubes
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Business Activity of Ashirvad Enterprises Private Limited
The main business activity of Ashirvad Enterprises is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Ashirvad Enterprises Private Limited FY 2025 filings available
Ashirvad Enterprises Private Limited reported revenue of ₹1.12 Cr (down 83% YoY) for FY 2024.
Revenue · FY 2024
₹1.12 Cr ▼ 83%
Net loss · FY 2024
₹6.39 Cr
EBITDA · FY 2024
-₹6.36 Cr
Compounded Annual Growth Rate (CAGR) of Ashirvad Enterprises Private Limited
Revenue CAGR growth
1 year
▼ 83%
3 years · compounded
▼ 62%
5 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▼ 243%
3 years · compounded
▼ 99%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 83% fall in the latest year. EBITDA fell 243% 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 Ashirvad Enterprises 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 | -₹6.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.39 Cr | •••• | •••• | •••• | •••• |
| 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 Ashirvad Enterprises Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Ashirvad Enterprises are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Ashirvad Enterprises Private Limited
Ashirvad Enterprises has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Niwas Poddar | Managing Director | 17 Feb 1997 | 29 Years 8 Months | Current |
| Deepak Poddar Also directs: Dpac Ventures LLP, Poddar Plumbing System Private Limited, Vox Interior and Exterior Solutions Private Limited and 4 more | Director | 17 Feb 1997 | 29 Years 8 Months | Current |
| Pawan Poddar | Director | 17 Feb 1997 | 29 Years 8 Months | Current |
| Vikas Poddar Also directs: Shivanssh Holdings LLP, Ashirvad Infinity Investment Managers LLP, Famo Wealth Technologies Private Limited and 1 more | Director | 17 Feb 1997 | 29 Years 8 Months | Current |
Peer Comparison of Ashirvad Enterprises Private Limited
Ashirvad Enterprises Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Electronic Appliances Manufacturing, Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zepto Zetta Solutions Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Gurgaon, Haryana, India |
| Deshine Technology Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 1229.0% | •••• | Rajkot, Gujarat, India |
| Enerforce Technologies Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 5701.0% | •••• | Bangalore, Karnataka, India |
| Exitolights Electro Private Limited | ₹1.12 Cr (FY 2022) | •••• | •••• | 81.0% | •••• | Indore, Madhya Pradesh, India |
| Syntec Techno Industries Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Gurugram, Haryana, India |
| Ashirvad Enterprises Private Limited this company | ₹1.12 Cr (FY 2024) | •••• | •••• | -83.0% | •••• | Bihar, India |
| Salil Textiles Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Delhi, India |
| Bhavati Pipes and Fittings Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Wiflex Corporation Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 17532.0% | •••• | Delhi, India |
| Conkar Power Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Morca Products Private Limited | ₹1.11 Cr (FY 2023) | •••• | •••• | •••• | Dharmapuri, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ashirvad Enterprises by revenue in the Manufacturing industry (Electronic Appliances Manufacturing, Pipes), 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 Ashirvad Enterprises Private Limited
Ashirvad Enterprises Private Limited is audited by SINGHANIA AGRAWAL & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGHANIA AGRAWAL & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ashirvad Enterprises Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ashirvad Enterprises Private Limited
Open charges
₹3.17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 1997 | State Bank of India | ₹3.17 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Ashirvad Enterprises Private Limited
Ashirvad Enterprises Private Limited has 5 court cases on record: 5 filed by Ashirvad Enterprises. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Total cases
5
Filed by the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Patna High Court | Court case (CWJC) | Filed by the company against an individual | Disposed |
| Patna High Court | Court case (CWJC) | Filed by the company against Commissioner of Central Excise | Disposed |
| Patna High Court | Court case (CWJC) | Filed by the company against Commissioner of Central Ex | Disposed |
| Patna High Court | Court case (CWJC) | Filed by the company against State of Bihar | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against an individual | Disposed |
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Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Ashirvad Enterprises Private Limited
Ashirvad Enterprises Private Limited has a workforce of 45 employees as of Mar 29, 2024.
Employee count
45
Active EPFO establishments
2
Employee growth
-66.91%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ashirvad Enterprises Private Limited
Ashirvad Enterprises Private Limited has 4 board changes on record since 1997: 4 appointments. The latest: Deepak Poddar was appointed as Director on 17 Feb 1997.
AGM
Ashirvad Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashirvad Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Patna.
Charges
A charge with State Bank Of India of Rs. 3.17 Cr registered on 17 Feb 1997 with Charge ID 90263385 was modified on 17 Apr 2010.
Charges
A charge with State Bank Of India amounted to Rs. 3.17 Cr with Charge ID 90263385 was registered on 17 Feb 1997.
Appointed
Deepak Poddar was appointed as Director.
Appointed
Lakshmi Niwas Poddar was appointed as Managing Director.
Appointed
Pawan Poddar was appointed as Director.
Appointed
Vikas Poddar was appointed as Director.
Incorporation
17 Feb 1997
Ashirvad Enterprises Private Limited was registered on 17 Feb 1997 with Roc Patna & aged 29 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ashirvad Enterprises Private Limited
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MSME Payment Delays by Ashirvad Enterprises Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Ashirvad Enterprises Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Ashirvad Enterprises Private Limited
Ashirvad Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AABCA9479M1ZE | Bihar | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ashirvad Enterprises Private Limited
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Frequently Asked Questions about Ashirvad Enterprises Private Limited
Ashirvad Enterprises is an active private limited company based in Bihar, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 17 February 1997 (29+ years old) and is registered under CIN U00331BR1997PTC007728.
Ashirvad Enterprises reported revenue of ₹1.12 Cr for FY 2024 (down 83% YoY).
Ashirvad Enterprises has 4 current directors:
- Lakshmi Niwas Poddar - Managing Director
- Deepak Poddar - Director
- Pawan Poddar - Director
- Vikas Poddar - Director
Ashirvad Enterprises reported a net loss of ₹6.39 Cr and EBITDA of -₹6.36 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashirvad Enterprises is -62% over three years and -52% over five years. In the latest year (FY 2024) revenue fell 83%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashirvad Enterprises is 10AABCA9479M1ZE, registered in Bihar.
The CIN (Corporate Identification Number) of Ashirvad Enterprises is U00331BR1997PTC007728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashirvad Enterprises has 5 court cases on record: 5 filed by the company.
Ashirvad Enterprises was incorporated on 17 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Ashirvad Enterprises by revenue are Zepto Zetta Solutions Private Limited, Deshine Technology Private Limited, Enerforce Technologies Private Limited, Exitolights Electro Private Limited, Syntec Techno Industries Private Limited and 5 more, all in the Manufacturing industry (Electronic Appliances Manufacturing, Pipes).
Deepak Poddar was appointed as Director on 17 Feb 1997. Lakshmi Niwas Poddar was appointed as Managing Director on 17 Feb 1997. Pawan Poddar was appointed as Director on 17 Feb 1997. Ashirvad Enterprises has 4 board changes on record in total.