About Ashray Towers Private Limited
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Ashray Towers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 12 January 1999.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1999PTC088616.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors Bidyot Kumar Saha and Dibyendu Paul.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 88B Sarat Bose Road, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2022, the company reported a revenue of ₹10,000, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹969 (net margin 9.7%) and EBITDA of ₹1,310 (EBITDA margin 13.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is ashrayproperties.com.
Company details
Contact details
Ashray Towers Private Limited's registered office is in Kolkata, West Bengal. Its website is ashrayproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address88B Sarat Bose Road, Kolkata, West Bengal, India – 700026
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Ashray Towers 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 Ashray Towers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Ashray Towers Private Limited, buy the company report.
Financials of Ashray Towers Private Limited
FY 2022 filings availableAshray Towers Private Limited reported revenue of ₹10,000 (down 72% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 72% fall in the latest year. EBITDA fell 79% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹1,310 | ||||
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| Net Profit (PAT) | ₹969 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 9.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ashray Towers Private Limited, buy the company report.
Board of directors of Ashray Towers Private Limited
Ashray Towers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bidyot Kumar Saha Also directs: S M Finstock Pvt Ltd | Director | 07 Dec 2015 | 10 Years 10 Months | As last reported |
| Dibyendu Paul | Director | 07 Dec 2015 | 10 Years 10 Months | As last reported |
Peer comparison
Ashray Towers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suramya Properties Private Limited | ₹10,100 (FY 2025) | 3.0% | Kothamangalam, Kerala, India | |||
| Maa Bhagwati Buildzone Private Limited | ₹10,100 (FY 2025) | 4.0% | Agra, Uttar Pradesh, India | |||
| Sachkhand Traders Private Limited | ₹10,001 (FY 2025) | -88.0% | New Delhi, Delhi, India | |||
| Ashray Towers Private Limitedthis company | ₹10,000 (FY 2022) | ₹969 | 9.7% | -72.0% | Kolkata, West Bengal, India | |
| Lakhdatar Promoters Private Limited | ₹10,000 (FY 2020) | 39.0% | Kolkata, West Bengal, India | |||
| Snerea Builders Private Limited | ₹10,000 (FY 2018) | New Delhi, Delhi, India | ||||
| Pearltree Promoters Private Limited | ₹10,000 (FY 2020) | 24.0% | Kolkata, West Bengal, India | |||
| Marine Geomatics (India) Private Limited | ₹10,000 (FY 2023) | Kalyan, Maharashtra, India | ||||
| NG Land Icons Private Limited | ₹10,000 (FY 2020) | Faridabad, Haryana, India | ||||
| Loreal Real Estate Private Limited | ₹10,000 (FY 2024) | Delhi, India | ||||
| Scorpion Buildcon Private Limited | ₹10,000 (FY 2020) | 33.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ashray Towers Private Limited, buy the company report.
Auditor
Ashray Towers Private Limited is audited by A CHACHAN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A CHACHAN & ASSOCIATES | FY 2017 | 321006E |
Shareholding
The shareholding of Ashray Towers Private Limited 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 Ashray Towers Private Limited, buy the company report.
Legal cases
Ashray Towers Private Limited has 1 court case on record: 1 filed by Ashray Towers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ashray Towers 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 Ashray Towers 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 Ashray Towers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashray Towers Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Abhaya Kumar Parida ceased to be Director on 02 Mar 2017.
Frequently asked questions
Ashray Towers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ashray Towers was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 12 January 1999 and is registered under CIN U70101WB1999PTC088616. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ashray Towers was incorporated on 12 January 1999. It is registered with the Registrar of Companies, Kolkata.
Ashray Towers had 2 directors:
- Bidyot Kumar Saha - Director
- Dibyendu Paul - Director
The CIN (Corporate Identification Number) of Ashray Towers is U70101WB1999PTC088616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ashray Towers is at 88B Sarat Bose Road, Kolkata, West Bengal, India – 700026.
Ashray Towers can be reached through the website ashrayproperties.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Ashray Towers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Ashray Towers operated in the real estate industry, in the real estate leasing segment.
The peers of Ashray Towers by revenue are Suramya Properties Private Limited, Maa Bhagwati Buildzone Private Limited, Sachkhand Traders Private Limited, Lakhdatar Promoters Private Limited, Snerea Builders Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Ashray Towers has 1 court case on record: 1 filed by the company.
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