Ashoka Engineers Pvt Ltd
About Ashoka Engineers Pvt Ltd
Data last updated:
Ashoka Engineers Pvt Ltd is a private limited company based in Punjab, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28939PB1982PTC004974. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Vinay Singal and Jagdeep Singal.
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 Industrial Area – Csua Road Dhandari Kalan Ludhiana, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.82 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹3.67 Lakh (net margin 76.2%) and EBITDA of ₹3.69 Lakh (EBITDA margin 76.6%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
As per MCA filings, the company has satisfied charges of ₹20.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashoka Engineers Pvt Ltd's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndustrial Area – Csua Road Dhandari Kalan Ludhiana, Punjab, India
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ashoka Engineers Pvt Ltd, 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
Financials of Ashoka Engineers Pvt Ltd
FY 2025 filings availableAshoka Engineers Pvt Ltd reported revenue of ₹4.82 Lakh (down 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 59% fall in the latest year. EBITDA fell 65% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.69 Lakh | ||||
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| Net Profit (PAT) | ₹3.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 76.6% | ||||
| Net Profit Margin | 76.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ashoka Engineers Pvt Ltd, buy the company report.
Board of directors of Ashoka Engineers Pvt Ltd
Ashoka Engineers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Singal Also directs: Eastman Fortune LLP, Eastman Estates Private Limited, Janpath Estates Private Limited and 4 more | Director | 11 Feb 1995 | 31 Years 8 Months | Current |
| Jagdeep Singal Also directs: Power Tech Rail Solutions Private Limited | Director | 30 Aug 1996 | 30 Years 1 Months | Current |
Peer comparison
Ashoka Engineers Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Team Wealth Private Limited | ₹4.84 Lakh (FY 2025) | -84.0% | Chennai, Tamil Nadu, India | |||
| Bohra G and N N Brothers Pvt Ltd | ₹4.84 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Greenpath Energy Private Limited | ₹4.83 Lakh (FY 2025) | -66.0% | Hyderabad, Telangana, India | |||
| Growell Finvest Pvt Ltd | ₹4.83 Lakh (FY 2016) | 107.0% | Kolkata, West Bengal, India | |||
| Point Apparels Pvt.Ltd. | ₹4.82 Lakh (FY 2024) | 15.0% | Kolkata, West Bengal, India | |||
| Ashoka Engineers Pvt Ltdthis company | ₹4.82 Lakh (FY 2024) | ₹3.67 Lakh | 76.2% | -59.0% | Punjab, India | |
| Impressive Investment Private Limited | ₹4.82 Lakh (FY 2025) | -64.0% | Delhi, India | |||
| Apex Fiscal Services Pvt.Ltd. | ₹4.81 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Anandmangal Fintrade Ltd | ₹4.81 Lakh (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Avc Finance and Leasing Private Limited | ₹4.81 Lakh (FY 2024) | -50.0% | Hyderabad, Telangana, India | |||
| Excellent Finserv Private Limited | ₹4.81 Lakh (FY 2024) | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Ashoka Engineers Pvt Ltd, buy the company report.
Auditor
Ashoka Engineers Pvt Ltd is audited by Goyal Sanjay & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Goyal Sanjay & Associates | FY 2022 | 010083N |
Shareholding
The shareholding of Ashoka Engineers Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashoka Engineers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2006 | 10027811 | State Bank of India | ₹20.1 Cr | Satisfied | |
| 11 Oct 1992 | 90177365 | Bank of Punjab Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Ashoka Engineers Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ashoka Engineers Pvt Ltd 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 Ashoka Engineers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashoka Engineers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashoka Engineers Pvt Ltd, buy the company report.
Recent activity
Ashoka Engineers Pvt Ltd has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Dharam Pal Gupta ceased to be Director on 06 Apr 2019.
Frequently asked questions
Ashoka Engineers is an active private limited company based in Punjab, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 May 1982 (44+ years old) and is registered under CIN U28939PB1982PTC004974.
Ashoka Engineers has 2 current directors:
- Vinay Singal - Director
- Jagdeep Singal - Director
The latest financial statements of Ashoka Engineers 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.
No. Ashoka Engineers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ashoka Engineers is U28939PB1982PTC004974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Engineers was incorporated on 26 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ashoka Engineers by revenue are Team Wealth Private Limited, Bohra G and N N Brothers Pvt Ltd, Greenpath Energy Private Limited, Growell Finvest Pvt Ltd, Point Apparels Pvt.Ltd. and 5 more, all in the BFSI industry (Other Financial Services).
Dharam Pal Gupta ceased to be Director on 06 Apr 2019. Jagdeep Singal was appointed as Director on 30 Aug 1996. Vinay Singal was appointed as Director on 11 Feb 1995.
The registered office of Ashoka Engineers is at Industrial Area – Csua Road Dhandari Kalan Ludhiana, Punjab, India.
Ashoka Engineers operates in the financial services industry, in the diversified financial services segment.
Ashoka Engineers has no open charges and satisfied charges of ₹20.6 Cr as per latest MCA filings.