Ashtamangal Projects Limited
About Ashtamangal Projects Limited
Data last updated: 11 March 2026
Ashtamangal Projects Limited is a public limited company based in Surat, Gujarat, India. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 04 July 2000, the company has been in operation for over 26 years.
Registered with ROC Ahmedabad under CIN U72900MH2000PLC127547.
Capital: an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.22 Cr. Formerly known as Lovson Projects Limited and Elysian Global Solutions Limited. It is led by directors including Bal Kishan Gangrani and Shubham Tailor.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 310 3Rd Floor New Dtc Hatfalia Haripura, Surat, Gujarat, India – 395003.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹25 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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Registered Address310 3Rd Floor New Dtc Hatfalia Haripura, Surat, Gujarat, India – 395003
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IndustryInfrastructure and Utilities, General Construction Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Ashtamangal Projects Limited
Ashtamangal Projects Limited has undergone 2 name changes throughout its history. The company was previously known as Lovson Projects Limited, and Elysian Global Solutions Limited. The current legal name is Ashtamangal Projects Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Ashtamangal Projects Limited | Current |
| Lovson Projects Limited | Previous |
| Elysian Global Solutions Limited | Previous |
CIN History of Ashtamangal Projects Limited
Ashtamangal Projects Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52100GJ2000PLC053903, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100GJ2000PLC053903 | Current |
| U72900MH2000PLC127547 | Previous |
| U72900GJ2000PLC053903 | Previous |
Board of Directors of Ashtamangal Projects Limited
Ashtamangal Projects Limited is currently managed by 3 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Bal Kishan Gangrani
Also directs:
Uptown Beat Entertainment Private Limited, Baijayanthi Multitrading Private Limited, Shresth Leasing And Finance Limited and 5 more
|
Additional Director | 09 Aug 2025 | 0 Years 11 Months | Current |
| Shubham Tailor | Additional Director | 09 Aug 2025 | 0 Years 11 Months | Current |
|
Kailash Chandra Mundra
Also directs:
Tarakeshwari Multitrading Private Limited, Tanay Transport Services Limited, Esvee Wires And Filaments Private Limited and 5 more
|
Additional Director | 09 Aug 2025 | 0 Years 11 Months | Current |
Financials of Ashtamangal Projects Limited FY 2025 filings available
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| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
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| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
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| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
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| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Ashtamangal Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2020 | Others | ₹15 Cr | Open |
| 10 Apr 2003 | Bank of India | ₹25 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Ashtamangal Projects Limited
View historical data on people associated with Ashtamangal Projects Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Ashtamangal Projects Limited
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GST Compliance of Ashtamangal Projects Limited
GSTIN & GST Filing Data of Ashtamangal Projects Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ashtamangal Projects Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Ashtamangal Projects Limited
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MSME Payment Delays by Ashtamangal Projects Limited
MSME Payment Delays by Ashtamangal Projects Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Ashtamangal Projects Limited
Subsidiaries & Group Companies of Ashtamangal Projects Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ashtamangal Projects Limited with ownership details.
MCA Filings & Documents of Ashtamangal Projects Limited
MCA Filings & Documents of Ashtamangal Projects Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Ashtamangal Projects Limited
Frequently Asked Questions about Ashtamangal Projects Limited
Ashtamangal Projects Limited is an active public limited company in the infrastructure and utilities sector based in Surat, Gujarat, India. It was incorporated on 04 July 2000 (26+ years old) and is registered under CIN U52100GJ2000PLC053903.
The current directors of Ashtamangal Projects Limited are:
The primary industry of Ashtamangal Projects Limited is infrastructure and utilities. The company specifically operates in general construction services. The company is currently active in this sector.
Ashtamangal Projects Limited can be reached at the registered office: 310 3Rd Floor New Dtc Hatfalia Haripura, Surat, Gujarat, India – 395003.
The authorised capital is ₹8 Cr, and the paid-up capital is ₹5.22 Cr.
The company has its registered office at 310 3Rd Floor New Dtc Hatfalia Haripura, Surat, Gujarat, India – 395003.