- #331 Kishore R. Chhabria & family ₹11,400 Cr

Ashoka Liquors Pvt Ltd
About Ashoka Liquors Pvt Ltd
Data last updated:
Ashoka Liquors Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bina Chhabria Enterprises Private Limited. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 16 September 1982 and has been in existence for over 44 years.
Its director Kishore R. Chhabria and family are #331 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1982PTC164283.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹59.36 Lakh. It is led by directors including Kishore Rajaram Chhabria and Benedict Benjamin Fernandes.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 394 – C Lamington Chambers Lamington Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2023, the company reported a revenue of ₹93,000. For the same year it recorded a net profit of ₹19,000 (net margin 20.4%) and EBITDA of -₹15,000 (EBITDA margin -16.1%). Revenue has grown at a compounded annual rate (CAGR) of 491% over three years.
As per MCA filings, the company has satisfied charges of ₹50.77 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 7 deals on record (5 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹19.4 Lakh; the latest was in November 2017.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ashoka Liquors has one previous CIN (Corporate Identification Number): U74899DL1982PTC014356. The current CIN is U74899MH1982PTC164283, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1982PTC164283 | Current |
| U74899DL1982PTC014356 | Previous |
Recognitions & Rankings of Ashoka Liquors
Contact details
Ashoka Liquors Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address394 – C Lamington Chambers Lamington Road, Mumbai, Maharashtra, India – 400004
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Ashoka Liquors 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 Liquors Pvt Ltd
FY 2025 filings availableAshoka Liquors Pvt Ltd reported revenue of ₹93,000 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 491% over three 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹93,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19,000 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.1% | ||||
| Net Profit Margin | 20.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ashoka Liquors Pvt Ltd, buy the company report.
Board of directors of Ashoka Liquors Pvt Ltd
Ashoka Liquors has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Rajaram Chhabria Also directs: Borank Ventures LLP, Krabon Ventures LLP, Allied Blenders and Distillers Limited and 5 more | Director | 06 Feb 2007 | 19 Years 9 Months | Current |
| Benedict Benjamin Fernandes Also directs: Tracstar Distilleries Private Limited, Rayonyarns Import Company Private Limited, Benco Properties Private Limited and 5 more | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
| Varghese Mathew | Director | 12 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Ashoka Liquors Pvt Ltd is audited by SHAH GUPTA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH GUPTA & COMPANY | FY 2023 | 109574W |
Shareholding
The shareholding of Ashoka Liquors Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashoka Liquors Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2019 | 100271790 | Others | ₹50 Cr | Satisfied | |
| 14 Dec 1998 | 80020344 | Central Bank of India | ₹77 Lakh | Satisfied |
To see the full charge records of Ashoka Liquors Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ashoka Liquors Pvt Ltd has 7 deals on record (5 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹19.4 Lakh; the latest was in November 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Bina Chhabria Enterprises Private Limited , Bina Kishore Chhabria and Bina Chhabria Enterprises Private limited Seller: Bkc Enterprises Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Bina Chhabria Enterprises Private Limited Seller: Bkc Enterprises Private Limited |
| Jul 2010 | Acquisition | Undisclosed | Buyer: Bkc Enterprises Private Limited Seller: Tracstar Properties Private Limited , Officer's Choice Private Limited |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: Officer's Choice Private Limited , Tracstar Properties Private Limited Seller: Oriental Radios Private Limited , Ashoka Securities Private Limited |
| Feb 2007 | Secondary share transfer | Undisclosed | Buyer: Oriental Radios Private Limited Seller: Ramaswamy Krishna Trivendrum and Ashoka Securities Private Limited, Utpalkumar Ganguli and Ashoka Securities Private Limited, 2 individuals |
To see the full deal history of Ashoka Liquors Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashoka Liquors Pvt Ltd has 2 court cases on record: 2 filed by Ashoka Liquors. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Ashoka Liquors Pvt Ltd, 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 Liquors Pvt Ltd was last rated by Brickwork on 21 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Sep 2020 |
To see the full credit ratings and regulatory alerts of Ashoka Liquors Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashoka Liquors Pvt Ltd; 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 Liquors Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashoka Liquors Pvt Ltd has 13 board changes on record since 1992: 8 appointments and 5 cessations. The latest: Amit Jain ceased to be Director on 20 Sep 2024.
10 earlier events are in the company report.
Frequently asked questions
Ashoka Liquors is an active private limited company based in Mumbai, Maharashtra, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 16 September 1982 (44+ years old) and is registered under CIN U74899MH1982PTC164283.
Ashoka Liquors has 3 current directors:
- Kishore Rajaram Chhabria - Director
- Benedict Benjamin Fernandes - Director
- Varghese Mathew - Director
The latest financial statements of Ashoka Liquors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashoka Liquors is U74899MH1982PTC164283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Liquors has 2 court cases on record: 2 filed by the company.
Ashoka Liquors was incorporated on 16 September 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashoka Liquors has 7 deals on record (5 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹19.4 Lakh; the latest was in November 2017.
Amit Jain ceased to be Director on 20 Sep 2024. Utpal Kumar Ganguli ceased to be Director on 20 Sep 2024. Benedict Benjamin Fernandes was appointed as Director on 19 Sep 2024. Ashoka Liquors has 13 board changes on record in total.
The registered office of Ashoka Liquors is at 394 – C Lamington Chambers Lamington Road, Mumbai, Maharashtra, India – 400004.
Ashoka Liquors operates in the food and beverages industry, in the alcoholic beverage manufacturing and distribution segment.

