About Ashok Growth Venture Private Limited
Data last updated:
Ashok Growth Venture Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 July 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PTC079427.
The company had an authorised share capital of ₹13.5 Lakh and a paid-up capital of ₹12.7 Lakh. It was led by directors Sheela Ashok Gogari and Ashok Lalji Gogari.
Its last annual general meeting (AGM) was held on 19 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Kesar Villa Plot No. 185 Sector 12 Vashi Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.05 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹87,217 (net margin -83.1%) and EBITDA of -₹68,107 (EBITDA margin -64.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 24% over five years.
As per MCA filings, the company has satisfied charges of ₹22.1 Cr on record.
The last known website on record is kesargroup.com.
Company details
Contact details
Ashok Growth Venture Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is kesargroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKesar Villa Plot No. 185 Sector 12 Vashi Navi Mumbai, Maharashtra, India – 400705
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashok Growth Venture 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 Ashok Growth Venture 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 Ashok Growth Venture Private Limited, buy the company report.
Financials of Ashok Growth Venture Private Limited
FY 2022 filings availableAshok Growth Venture Private Limited reported revenue of ₹1.05 Lakh (down 75% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 75% fall in the latest year. EBITDA rose 35% 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 | -₹68,107 | ||||
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| Net Profit (PAT) | -₹87,217 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -64.9% | ||||
| Net Profit Margin | -83.1% | ||||
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To see the full financial statements and ratios of Ashok Growth Venture Private Limited, buy the company report.
Board of directors of Ashok Growth Venture Private Limited
Ashok Growth Venture has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheela Ashok Gogari Also directs: Ashok Growth Venture LLP | Director | 15 Dec 2001 | 24 Years 10 Months | As last reported |
| Ashok Lalji Gogari | Director | 05 Jul 1994 | 32 Years 4 Months | As last reported |
Peer comparison
Ashok Growth Venture Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Ashok Growth Venture Private Limitedthis company | ₹1.05 Lakh (FY 2022) | -₹87,217 | -83.1% | -75.0% | Navi Mumbai, Maharashtra, India | |
| Darshana Infrastructure Private Limited | ₹1.05 Lakh (FY 2025) | Delhi, India | ||||
| Base India Properties Private Limited | ₹1.05 Lakh (FY 2025) | -69.0% | Thiruvananthapuram, Kerala, India | |||
| Lamba Estate Private Limited | ₹1.05 Lakh (FY 2025) | 20.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Ashok Growth Venture Private Limited, buy the company report.
Auditor
Ashok Growth Venture Private Limited is audited by B V GORE & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V GORE & CO | FY 2015 | 103320W |
Shareholding
The shareholding of Ashok Growth Venture Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashok Growth Venture Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2013 | 10401824 | Icici Bank Limited | ₹22.1 Cr | Satisfied |
To see the full charge records of Ashok Growth Venture Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ashok Growth Venture 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 Ashok Growth Venture 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 Ashok Growth Venture Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashok Growth Venture Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Sheela Ashok Gogari was appointed as Director on 15 Dec 2001.
Frequently asked questions
Ashok Growth Venture has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ashok Growth Venture was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 July 1994 and is registered under CIN U65990MH1994PTC079427. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ashok Growth Venture is U65990MH1994PTC079427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashok Growth Venture had 2 directors:
- Sheela Ashok Gogari - Director
- Ashok Lalji Gogari - Director
Ashok Growth Venture was incorporated on 05 July 1994. It is registered with the Registrar of Companies, Mumbai.
Ashok Growth Venture can be reached through the website kesargroup.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Ashok Growth Venture is at Kesar Villa Plot No. 185 Sector 12 Vashi Navi Mumbai, Maharashtra, India – 400705.
The latest financial statements of Ashok Growth Venture on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 19 September 2022. Year-wise statements from 2015 are in the company report.
Ashok Growth Venture operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Ashok Growth Venture by revenue are Darshana Infrastructure Private Limited, Base India Properties Private Limited, Lamba Estate 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).
Sheela Ashok Gogari was appointed as Director on 15 Dec 2001. Ashok Lalji Gogari was appointed as Director on 05 Jul 1994.
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