About Ashoka Developers & Builders Limited
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Ashoka Developers & Builders Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45200TG2002PLC039004. Its GSTIN is 36AAECA4442R2Z9 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.9 Cr. It is led by directors including Nalamada Jaideep Reddy (Managing Director) and Korupolu Vijaya Bhaskar Reddy (Whole-Time Director).
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 Unit No.401 Ashoka Capitol Opp:Kbr Park Road No:2 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.8 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Cr (net margin 24.2%) and EBITDA of ₹14.81 Cr (EBITDA margin 57.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashoka Developers & Builders. As per MCA filings, the company has open charges of ₹149.57 Cr and satisfied charges of ₹288.38 Cr on record. Court records list 40 cases involving the company, including 15 filed by the company and 25 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashokabuilders.com.
Company details
CIN history
Ashoka Developers & Builders has one previous CIN (Corporate Identification Number): U45200AP2002PLC039004. The current CIN is U45200TG2002PLC039004, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200TG2002PLC039004 | Current |
| U45200AP2002PLC039004 | Previous |
Contact details
Ashoka Developers & Builders Limited's registered office is in Hyderabad, Telangana. Its website is ashokabuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.401 Ashoka Capitol Opp:Kbr Park Road No:2 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashoka Developers & Builders 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
Brands
Ashoka Developers & Builders operates one associated brand: Ashoka Developers & Builders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of residential & commercial real estate development and construction services | ashokabuilders.com |
Business activity
The main business activity of Ashoka Developers & Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ashoka Developers & Builders Limited, buy the company report.
Financials of Ashoka Developers & Builders Limited
FY 2025 filings availableAshoka Developers & Builders Limited reported revenue of ₹25.8 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.81 Cr | ||||
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| Net Profit (PAT) | ₹6.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.4% | ||||
| Net Profit Margin | 24.2% | ||||
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To see the full financial statements and ratios of Ashoka Developers & Builders Limited, buy the company report.
Board of directors of Ashoka Developers & Builders Limited
Ashoka Developers & Builders has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nithika Pasunur Also directs: Ashoka Infra Projects LLP | Director | 30 Apr 2022 | 4 Years 5 Months | Current |
| Nalamada Jaideep Reddy | Managing Director | 31 Dec 2014 | 11 Years 9 Months | Current |
| Korupolu Vijaya Bhaskar Reddy | Whole-Time Director | 22 May 2002 | 24 Years 5 Months | Current |
Peer comparison
Ashoka Developers & Builders 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaastu Creations Private Limited | ₹25.82 Cr (FY 2024) | 132.0% | Mumbai, Maharashtra, India | |||
| Road Guru Developers Private Limited | ₹25.81 Cr (FY 2025) | 103.0% | New Delhi, Delhi, India | |||
| Dream Flower Housing Projects Private Limited | ₹25.8 Cr (FY 2024) | -7.0% | Kochi, Kerala, India | |||
| Ashoka Developers & Builders Limitedthis company | ₹25.8 Cr (FY 2025) | ₹6.24 Cr | 24.2% | 26.0% | 28 | Hyderabad, Telangana, India |
To see the full peer comparison of Ashoka Developers & Builders Limited, buy the company report.
Auditor
Ashoka Developers & Builders Limited is audited by V.NAGA RAJU & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.NAGA RAJU & ASSOCIATES | FY 2022 | 012862S |
Shareholding
The shareholding of Ashoka Developers & Builders 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashoka Developers & Builders Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101079918 | Others | ₹60 Cr | Open | |
| 22 Aug 2023 | 100769844 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 28 Jun 2023 | 100748776 | Others | ₹14 Cr | Open | |
| 13 Jul 2022 | 100594019 | Others | ₹75 Cr | Open | |
| 23 Jul 2021 | 100481660 | Hdfc Bank Limited | ₹27.42 Lakh | Open |
To see the full charge records of Ashoka Developers & Builders Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Ashoka Developers & Builders Limited has 40 court cases on record: 15 filed by Ashoka Developers & Builders, 25 filed against it. 12 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 14 | 10 |
| District courts | 12 | 10 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Central Park Estates Private Limited & Ors. | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company by M/S. Vishal Projects Ltd., Secbad | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Golden Tobacco Ltd. | Disposed |
| Bombay High Court | Court case (LPETN) | Filed against the company by Golden Tobacco Ltd. | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by M/S Ashoka A La Maison Owners Welfare Association, Registered Under Societies Act | Pending |
To see the full case history of Ashoka Developers & Builders 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.
Credit ratings & regulatory alerts
Ashoka Developers & Builders Limited was last rated by Crisil on 27 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Aug 2020 |
To see the full credit ratings and regulatory alerts of Ashoka Developers & Builders Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashoka Developers & Builders Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashoka Developers & Builders Limited has a workforce of 28 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ashoka Developers & Builders has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECA4442R2Z9 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashoka Developers & Builders Limited, buy the company report.
Recent activity
Ashoka Developers & Builders Limited has 10 board changes on record since 2002: 3 appointments and 7 cessations. The latest: Nithika Pasunur ceased to be Additional Director on 29 Sep 2023.
27 earlier events are in the company report.
Frequently asked questions
Ashoka Developers & Builders is an active public limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 May 2002 (24+ years old) and is registered under CIN U45200TG2002PLC039004.
Ashoka Developers & Builders has 3 current directors:
- Nalamada Jaideep Reddy - Managing Director
- Korupolu Vijaya Bhaskar Reddy - Whole-Time Director
- Nithika Pasunur - Director
The latest financial statements of Ashoka Developers & Builders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashoka Developers & Builders is 36AAECA4442R2Z9, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashoka Developers & Builders is U45200TG2002PLC039004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Developers & Builders has 40 court cases on record: 15 filed by the company and 25 filed against it. 12 are pending. Most are in the high courts.
Ashoka Developers & Builders was incorporated on 22 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ashoka Developers & Builders by revenue are Vaastu Creations Private Limited, Road Guru Developers Private Limited, Dream Flower Housing Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Nithika Pasunur ceased to be Additional Director on 29 Sep 2023. Nithika Pasunur was appointed as Director on 30 Apr 2022. Korupolu Vijaya Bhaskar Reddy ceased to be Director on 01 Oct 2017. Ashoka Developers & Builders has 10 board changes on record in total.
Ashoka Developers & Builders can be reached through the website ashokabuilders.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Ashoka Developers & Builders is at Unit No.401 Ashoka Capitol Opp:Kbr Park Road No:2 Banjara Hills, Hyderabad, Telangana, India – 500034.