Ashoka Concessions Limited - Company Profile

Q: Where is Ashoka Concessions Limited headquartered?

Ashoka Concessions Limited is headquartered at S. No. 1132, 5Th Floor, Ashoka Business Enclave, Wadala Road,, Nashik, Maharashtra, 422009.

Q: Who are the current directors of Ashoka Concessions Limited?

The current directors of Ashoka Concessions Limited are Mahendra Bhopalsingh Mehta, Shilpa Hiran, Ravindra Moolchand Vijayvargiya, Paresh Chatursinha Mehta, Ashish Ashok Kataria, Sachin Rajendra Singhvi, Pooja Lopes Alwin, Satish Dhondulal Parakh.

It is a infrastructure and utilities public limited company based in Nashik, Maharashtra, India, established in 2011.

2011 Nashik, Maharashtra, India Active

Last Updated: December 24, 2025

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About Ashoka Concessions Limited

Ashoka Concessions Limited, a active public limited company, was established on 05 April 2011 in Nashik, Maharashtra, India. Engaging in road & bridge construction within the construction sector, it holds CIN: U45201MH2011PLC215760. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Ashoka Concessions Private Limited. It upholds a compliant status. Employing 44 professional, Its leadership includes Mahendra Bhopalsingh Mehta (Nominee Director), Shilpa Hiran (Director), Ravindra Moolchand Vijayvargiya (Cfo). Past directors included Nandini Rosario Rodricks, Shilpa Hiran, Gyan Chand Daga. It holds ₹6,846.50 Cr open charges and ₹2,587.31 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at S. No. 113/2, 5Th Floor, Ashoka Business Enclave, Wadala Road,, Nashik, Maharashtra, 422009.

Company Details

CIN/LLPIN
U45201MH2011PLC215760
Registration Number
215760
Incorporation Date
05 April 2011
Authorized Capital
₹18.00 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 18.00 Cr as on 24-12-2025
Paid Up Capital ₹ 1.00 Cr as on 24-12-2025
Company Age 14 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 6,846.50 Cr as on 24-12-2025
Satisfied Charges ₹ 2,587.31 Cr as on 24-12-2025
Revenue Growth **** 10.40% (FY 2022)
Profit Growth **** -163.97% (FY 2022)
Ebitda **** -223.50% (FY 2022)
Net Worth -36.40% (FY 2022)
Total Assets -22.21% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Ashoka Concessions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ashoka Concessions Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mahendra Bhopalsingh Mehta	Nominee Director	31 Mar 2024	Current
Shilpa Hiran	Director	02 Feb 2021	Current
Ravindra Moolchand Vijayvargiya	Cfo	10 May 2019	Current
Paresh Chatursinha Mehta	Nominee Director	12 Mar 2012	Current
Ashish Ashok Kataria	Whole-Time Director	05 Apr 2011	Current
Sachin Rajendra Singhvi	Director	31 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	26 Jun 2018	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past
Pramod Abcsdd	Nominee Director	31 Mar 2024	Past
Pramod Abcsdd	Key Managerial Personnel	-	Past
Pramod Abcsdd	Director	06 Jul 2020	Past
Pramod Abcsdd	Director	20 Dec 2012	Past

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Financial Performance of Ashoka Concessions.

Ashoka Concessions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.4% increase. The company also saw a substantial fall in profitability, with a 163.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.4%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

10.40%

*******

Revenue from Operations

*******

13.42%

*******

Total Assets

*******

-22.21%

*******

Profit or Loss

*******

-163.97%

*******

Net Worth

*******

-36.40%

*******

EBITDA

*******

-223.50%

*******

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What is the Ownership and Shareholding Structure of Ashoka Concessions?

In 2023, Ashoka Concessions had a promoter holding of 66.00% and a public holding of 34.00%. The company had 12 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹68,464,986,086.00

Satisfied Charges

₹25,873,100,000.00

Charges Breakdown by Lending Institutions

Others : 2693.05 Cr
Axis Trustee Services Limited : 1746.00 Cr
Idbi Trusteeship Services Limited : 1344.88 Cr
Sbicap Trustee Company Limited : 1062.57 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Oct 2025	Others	₹262.61 Cr	Open
23 May 2025	Others	₹361.00 Cr	Open
11 Mar 2024	Others	₹220.64 Cr	Open
05 Mar 2024	Sbicap Trustee Company Limited	₹700.00 Cr	Open
14 Mar 2023	Others	₹473.87 Cr	Open

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How Many Employees Work at Ashoka Concessions?

Ashoka Concessions has a workforce of 44 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ashoka Concessions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ashoka Concessions's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ashoka Concessions

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 262.61 Cr with Charge ID 101176180 was registered on 24 Oct 2025. was recorded as a recent event.
24 Oct 2025
Annual General Meeting

Ashoka Concessions Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Charges

The activity A charge registered on 11 Sep 2018 via Charge ID 100202192 with Others was fully satisfied on 11 Sep 2025. was completed.
11 Sep 2025
Charges

The activity A charge with Others amounted to Rs. 361.00 Cr with Charge ID 101107702 was registered on 23 May 2025. was completed.
23 May 2025
Charges

A charge registered on 04 Sep 2018 via Charge ID 100201807 with Others was fully satisfied on 22 May 2025. was recorded as a recent event.
22 May 2025
Director Appointment

The activity Sachin Rajendra Singhvi was appointed as a Director was appointed as a Director on 31 Mar 2025 & has been associated with this company since 11 months 27 days . was completed.
31 Mar 2025

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