Ashoka Hi-Tech Builders Private Limited
About Ashoka Hi-Tech Builders Private Limited
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Ashoka Hi-Tech Builders Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45200MP2009PTC021551.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Indermal Agarwal and Rajesh Indermal Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.61 Cr. For the same year it recorded a net profit of ₹1.21 Cr (net margin 74.9%) and EBITDA of ₹1.61 Cr (EBITDA margin 99.8%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹38 Cr and satisfied charges of ₹52.75 Cr on record. Court records list 18 cases involving the company, including 9 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashoka Hi-Tech Builders Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPinacle D Dreams Office – 2, Pt – 8 Gr. Floor Area – 3 Pipliyakumar, Indore, Madhya Pradesh, India – 453771
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashoka Hi-Tech Builders 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 Ashoka Hi-Tech Builders is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Ashoka Hi-Tech Builders Private Limited, buy the company report.
Financials of Ashoka Hi-Tech Builders Private Limited
FY 2022 filings availableAshoka Hi-Tech Builders Private Limited reported revenue of ₹1.61 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. 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 | ₹1.61 Cr | ||||
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| Net Profit (PAT) | ₹1.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 99.8% | ||||
| Net Profit Margin | 74.9% | ||||
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To see the full financial statements and ratios of Ashoka Hi-Tech Builders Private Limited, buy the company report.
Board of directors of Ashoka Hi-Tech Builders Private Limited
Ashoka Hi-Tech Builders has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Indermal Agarwal Also directs: Sunbeach Realty LLP, RS Buildreal LLP, Griffith Real Estate Private Limited and 5 more | Director | 10 May 2024 | 2 Years 5 Months | Current |
| Rajesh Indermal Agarwal Also directs: JSM Devcons Private Limited, Panama Infraprojects Private Limited, Leading Hotels Limited and 5 more | Director | 10 May 2024 | 2 Years 5 Months | Current |
Auditor
Ashoka Hi-Tech Builders Private Limited is audited by P S SHEETAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S SHEETAL & ASSOCIATES | FY 2021 | 019700C |
Shareholding
The shareholding of Ashoka Hi-Tech Builders Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Ashoka Hi-Tech Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2015 | 10606241 | Others | ₹38 Cr | Open | |
| 03 Sep 2012 | 10377841 | State Bank of India | ₹22.75 Cr | Satisfied | |
| 01 Jun 2011 | 10290617 | Madhya Pradesh Financial Corporation | ₹15 Cr | Satisfied | |
| 28 May 2010 | 10219913 | Uco Bank | ₹15 Cr | Satisfied |
To see the full charge records of Ashoka Hi-Tech Builders Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ashoka Hi-Tech Builders Private Limited has 18 court cases on record: 9 filed by Ashoka Hi-Tech Builders, 9 filed against it. 1 case is pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 8 | 4 | 0 |
| High courts | 7 | 5 | 0 |
| NCLAT | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against M/S JSM Devcon Pvt. Ltd. and 2 others | Pending |
| NCLT, Indore | Insolvency matter | Filed against the company by Edelweiss Asset Reconstruction Company Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed against the company by L & T Finance Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company against JSM Devcons Private Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company against L & T Housing Finance Limited | Disposed |
To see the full case history of Ashoka Hi-Tech Builders Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashoka Hi-Tech Builders 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 Ashoka Hi-Tech Builders Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashoka Hi-Tech Builders Private Limited has 12 board changes on record since 2014: 2 appointments and 10 cessations. The latest: Gajesh Labhchand Jain ceased to be Irp/Rp/Liquidator on 26 Jul 2024.
11 earlier events are in the company report.
Frequently asked questions
Ashoka Hi-Tech Builders is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 January 2009 (17+ years old) and is registered under CIN U45200MP2009PTC021551.
Ashoka Hi-Tech Builders has 2 current directors:
- Rakesh Indermal Agarwal - Director
- Rajesh Indermal Agarwal - Director
The latest financial statements of Ashoka Hi-Tech Builders on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashoka Hi-Tech Builders is U45200MP2009PTC021551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Hi-Tech Builders has 18 court cases on record: 9 filed by the company and 9 filed against it. 1 is pending. Most are in the nclt.
Ashoka Hi-Tech Builders was incorporated on 22 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Gajesh Labhchand Jain ceased to be Irp/Rp/Liquidator on 26 Jul 2024. Rajesh Indermal Agarwal was appointed as Director on 10 May 2024. Rakesh Indermal Agarwal was appointed as Director on 10 May 2024. Ashoka Hi-Tech Builders has 12 board changes on record in total.
The registered office of Ashoka Hi-Tech Builders is at Pinacle D Dreams Office – 2, Pt – 8 Gr. Floor Area – 3 Pipliyakumar, Indore, Madhya Pradesh, India – 453771.
Ashoka Hi-Tech Builders operates in the real estate and construction industry, in the real estate builders and developers segment.
Ashoka Hi-Tech Builders has open charges of ₹38 Cr and satisfied charges of ₹52.75 Cr as per latest MCA filings.