Ashoka Highways (Bhandara) Limited - Company Profile

It is a infrastructure and utilities public limited company based in Mumbai, Maharashtra, India, established in 2007.

2007 Mumbai, Maharashtra, India Active

Last Updated: December 17, 2025

About Ashoka Highways (Bhandara) Limited

Ashoka Highways (Bhandara) Limited, a active public limited company, was established on 15 March 2007 in Mumbai, Maharashtra, India. Engaging in road & bridge construction within the construction sector, it holds CIN: U45203MH2007PLC168773. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹76.00 Cr and a paid-up capital of ₹26.11 Cr.

It upholds a compliant status. Its leadership includes Abhishek Arora (Director), Prasannakumar Bhagavanth Bedi (Director), Prathima Vankadaru (Director). Past directors included Peeyushkumar Sureshkumar Jain, Abhishek Arora, Manoj Achyut Kulkarni. It holds ₹499.00 Cr open charges and ₹375.00 Cr settled loans. Its latest AGM occurred on 10 September 2025, with the balance sheet filed on 31 March 2025. It is based at Officeunitno.2,Groundfloor,Winga,, The Orb, Marol, Andheri East, Mumbai, Maharashtra, 400099.

Company Details

CIN/LLPIN
U45203MH2007PLC168773
Registration Number
168773
Incorporation Date
15 March 2007
Authorized Capital
₹76.00 Cr
Paid-Up Capital
₹26.11 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 76.00 Cr as on 17-12-2025
Paid Up Capital ₹ 26.11 Cr as on 17-12-2025
Company Age 18 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 499.00 Cr as on 17-12-2025
Satisfied Charges ₹ 375.00 Cr as on 17-12-2025
Revenue Growth **** -46.39% (FY 2023)
Profit Growth **** -98.67% (FY 2023)
Ebitda **** -45.25% (FY 2023)
Net Worth -13.85% (FY 2023)
Total Assets -30.60% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ashoka Highways (Bhandara) 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 Highways (Bhandara) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Abhishek Arora	Director	26 Nov 2025	Current
Prasannakumar Bhagavanth Bedi	Director	26 Nov 2025	Current
Prathima Vankadaru	Director	26 Nov 2025	Current
Balakrishnan Praveenkumar	Director	26 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Cfo	14 May 2019	Past
Pramod Abcsdd	Additional Director	26 Nov 2025	Past
Pramod Abcsdd	Company Secretary	14 May 2019	Past
Pramod Abcsdd	Nominee Director	14 May 2019	Past
Pramod Abcsdd	Nominee Director	22 Sep 2022	Past
Pramod Abcsdd	Cfo	26 Nov 2025	Past

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Financial Performance of Ashoka Highways (Bhandara).

Ashoka Highways (Bhandara) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.39% decrease. The company also saw a substantial fall in profitability, with a 98.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.85%.

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

********

-46.39%

*******

Revenue from Operations

*******

-36.81%

*******

Total Assets

*******

-30.60%

*******

Profit or Loss

*******

-98.67%

*******

Net Worth

*******

-13.85%

*******

EBITDA

*******

-45.25%

*******

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What is the Ownership and Shareholding Structure of Ashoka Highways (Bhandara)?

In 2023, Ashoka Highways (Bhandara) had a promoter holding of 100.00%. 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

₹4,990,000,000.00

Satisfied Charges

₹3,750,000,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 499.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Feb 2015	Idbi Trusteeship Services Limited	₹170.00 Cr	Open
19 Jan 2015	Idbi Trusteeship Services Limited	₹329.00 Cr	Open
11 Sep 2008	Idbi Trusteeship Services Limited	₹375.00 Cr	Satisfied

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How Many Employees Work at Ashoka Highways (Bhandara)?

Unlock and access historical data on people associated with Ashoka Highways (Bhandara), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Highways (Bhandara), 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 Highways (Bhandara)'s trajectory.

Rating

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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 Highways (Bhandara)

Recent Activity within the Organization

Director Appointment

Progress on Jigar Arun Oza was appointed as a Company Secretary was appointed as a Company Secretary on 09 Dec 2025 & has been associated with this company since 2 months 8 days . was documented.
09 Dec 2025
Director Appointment

The activity Rajesh Kumar Sharma was appointed as a Cfo was appointed as a Cfo on 09 Dec 2025 & has been associated with this company since 2 months 8 days . was completed.
09 Dec 2025
Director Appointment

Progress on Abhishek Arora was appointed as a Director was appointed as a Director on 26 Nov 2025 & has been associated with this company since 2 months 21 days . was documented.
26 Nov 2025
Director Appointment

Prasannakumar Bhagavanth Bedi was appointed as a Director was appointed as a Director on 26 Nov 2025 & has been associated with this company since 2 months 21 days . was recorded as a recent event.
26 Nov 2025
Director Appointment

Prathima Vankadaru was appointed as a Director was appointed as a Director on 26 Nov 2025 & has been associated with this company since 2 months 21 days . was recorded as a recent event.
26 Nov 2025
Annual General Meeting

The activity Ashoka Highways (Bhandara) Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records. was completed.
10 Sep 2025

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