Ashtavinayak Fincon Private Limited
About Ashtavinayak Fincon Private Limited
Data last updated:
Ashtavinayak Fincon Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 08 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65910WB2010PTC151128. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.04 Cr. It is led by directors Ramesh Kumar Luharuka and Ankit Luharuka.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 40 Strand Road 2nd Floor Room No. 31A, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.83 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹15.04 Lakh (net margin 0.9%) and EBITDA of ₹24.62 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address40 Strand Road 2nd Floor Room No. 31A, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ashtavinayak Fincon Private Limited
The main business activity of Ashtavinayak Fincon is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashtavinayak Fincon Private Limited FY 2025 filings available
Ashtavinayak Fincon Private Limited reported revenue of ₹15.83 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashtavinayak Fincon Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 5% growth in the latest year. EBITDA fell 32% 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 of Ashtavinayak Fincon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.04 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashtavinayak Fincon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ashtavinayak Fincon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ashtavinayak Fincon Private Limited
Ashtavinayak Fincon Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shauryanshi Enterprises Private Limited | ₹15.96 Cr (FY 2024) | •••• | •••• | 143.0% | •••• | Gandhidham, Gujarat, India |
| Progressive Minerals (India) Pvt. Ltd. | ₹15.91 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Dharbhanga(Bihar), Bihar, India |
| Ratan Coal Trading Private Limited | ₹15.91 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Howrah, West Bengal, India |
| Vhyom Mines and Minerals Private Limited | ₹15.88 Cr (FY 2024) | •••• | •••• | -53.0% | •••• | Kolkata, West Bengal, India |
| Maa Vindhyabasini Steel Traders Private Limited | ₹15.85 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Howrah, West Bengal, India |
| Ashtavinayak Fincon Private Limited this company | ₹15.83 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| J.B.M. Exports Private Limited | ₹15.81 Cr (FY 2019) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Jharna Logistics Private Limited | ₹15.78 Cr (FY 2025) | •••• | •••• | 274.0% | •••• | Durgapur, West Bengal, India |
| Dwarkesh Chemicals Pvt Ltd | ₹15.78 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Rajkot, Gujarat, India |
| Rudraroopa Minerals Private Limited | ₹15.74 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Jaipur, Rajasthan, India |
| V R Worldwide Private Limited | ₹15.67 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Talod, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ashtavinayak Fincon by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashtavinayak Fincon Private Limited
Ashtavinayak Fincon Private Limited is audited by KUMAR ROYBARMAN PRASANTA & ASSOC for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR ROYBARMAN PRASANTA & ASSOC | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ashtavinayak Fincon Private Limited
Ashtavinayak Fincon has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Luharuka | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Ankit Luharuka | Director | 08 Jul 2010 | 16 Years 3 Months | Current |
Ownership and Shareholding of Ashtavinayak Fincon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashtavinayak Fincon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2025 | Hdfc Bank Limited | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ashtavinayak Fincon Private Limited
Employment history and EPFO contributions of people linked to Ashtavinayak Fincon.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashtavinayak Fincon Private Limited
Ashtavinayak Fincon Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Prakash Kumar Chowdhary ceased to be Director on 01 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Ashtavinayak Fincon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashtavinayak Fincon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashtavinayak Fincon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashtavinayak Fincon Private Limited
Ashtavinayak Fincon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashtavinayak Fincon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashtavinayak Fincon Private Limited
Ashtavinayak Fincon is an active private limited company based in Kolkata, West Bengal, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 08 July 2010 (16+ years old) and is registered under CIN U65910WB2010PTC151128.
Ashtavinayak Fincon reported revenue of ₹15.83 Cr for FY 2024 (up 5% YoY).
Ashtavinayak Fincon has 2 current directors:
- Ramesh Kumar Luharuka - Director
- Ankit Luharuka - Director
Ashtavinayak Fincon reported a net profit of ₹15.04 Lakh (net margin 0.9%) and EBITDA of ₹24.62 Lakh (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashtavinayak Fincon is 11% over three years and 39% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
No. Ashtavinayak Fincon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashtavinayak Fincon is U65910WB2010PTC151128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtavinayak Fincon was incorporated on 08 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ashtavinayak Fincon by revenue are Shauryanshi Enterprises Private Limited, Progressive Minerals (India) Pvt. Ltd, Ratan Coal Trading Private Limited, Vhyom Mines and Minerals Private Limited, Maa Vindhyabasini Steel Traders Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Prakash Kumar Chowdhary ceased to be Director on 01 Sep 2014. Ramesh Kumar Luharuka was appointed as Director on 01 Sep 2014. Ankit Luharuka was appointed as Director on 08 Jul 2010.
The registered office of Ashtavinayak Fincon is at 40 Strand Road 2nd Floor Room No. 31A, Kolkata, West Bengal, India – 700001.