- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-15-0018103

About Ashtin India Private Limited
Data last updated:
Ashtin India Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 02 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74110PN2020PTC188845. Its GSTIN is 27AATCA1287H1ZA (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Nitin Sampat Abdar and Ashish Rajshekhar Tambake.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at R.S.No.1001/ Plot No – 13 Unique Tower Office No – 01 Mohite Park Rankala, Kolhapur, Maharashtra, India – 416012.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.89 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹8.5 Lakh (net margin 2.9%) and EBITDA of ₹33.98 Lakh (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 256% over three years.
As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹1.9 Cr on record.
Ashtin India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0018103). For more details, the company can be reached via its website ashtinindia.com.
Company details
CIN history
Ashtin India has one previous CIN (Corporate Identification Number): U45400PN2020PTC188845. The current CIN is U74110PN2020PTC188845, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110PN2020PTC188845 | Current |
| U45400PN2020PTC188845 | Previous |
Recognitions & Rankings of Ashtin India
Contact details
Ashtin India Private Limited's registered office is in Kolhapur, Maharashtra. Its website is ashtinindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR.S.No.1001/ Plot No – 13 Unique Tower Office No – 01 Mohite Park Rankala, Kolhapur, Maharashtra, India – 416012
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ashtin India 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 Ashtin India is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ashtin India Private Limited, buy the company report.
Financials of Ashtin India Private Limited
FY 2024 filings availableAshtin India Private Limited reported revenue of ₹2.89 Cr (up 53% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 256% over three years, including 53% growth in the latest year. EBITDA rose 88% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.89 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹33.98 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.5 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 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.8% | |||
| Net Profit Margin | 2.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Ashtin India Private Limited, buy the company report.
Board of directors of Ashtin India Private Limited
Ashtin India 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 |
|---|---|---|---|---|
| Nitin Sampat Abdar Also directs: Anandisai Engineers LLP, Elite Civil Consultant LLP | Director | 02 Jan 2020 | 6 Years 9 Months | Current |
| Ashish Rajshekhar Tambake | Director | 02 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Ashtin India Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vahkim Constructions Private Limited | ₹2.89 Cr (FY 2024) | Imphal West, Manipur, India | ||||
| Asian Building Consultant Private Limited | ₹2.89 Cr (FY 2018) | -53.0% | Chennai, Tamil Nadu, India | |||
| Ashtin India Private Limitedthis company | ₹2.89 Cr (FY 2023) | ₹8.5 Lakh | 2.9% | 53.0% | Kolhapur, Maharashtra, India | |
| Aidco Infra Private Limited | ₹2.89 Cr (FY 2023) | 27.0% | Khar, Mumbai, Maharashtra, India |
To see the full peer comparison of Ashtin India Private Limited, buy the company report.
Auditor
Ashtin India Private Limited is audited by N R Savardekar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N R Savardekar & Co | FY 2023 | 119156W |
Shareholding
The shareholding of Ashtin India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ashtin India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2023 | 100707858 | Others | ₹6 Cr | Open | |
| 06 May 2022 | 100571697 | Others | ₹90 Lakh | Satisfied | |
| 17 Jul 2020 | 100352954 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Ashtin India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ashtin India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashtin India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashtin India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA1287H1ZA | Maharashtra | Active | 03 Mar 2020 |
| 27AATCA1287H2Z9 | Maharashtra | Active | 22 Aug 2022 |
To see the full GST registrations and return filing status of Ashtin India Private Limited, buy the company report.
Recent activity
Ashtin India Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Kiran Prakash Patil ceased to be Director on 22 Dec 2021.
Frequently asked questions
Ashtin India is an active private limited company based in Kolhapur, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 02 January 2020 (6+ years old) and is registered under CIN U74110PN2020PTC188845.
Ashtin India has 2 current directors:
- Nitin Sampat Abdar - Director
- Ashish Rajshekhar Tambake - Director
The latest financial statements of Ashtin India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ashtin India is 27AATCA1287H1ZA, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AATCA1287H2Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Ashtin India is U74110PN2020PTC188845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtin India was incorporated on 02 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ashtin India by revenue are Vahkim Constructions Private Limited, Asian Building Consultant Private Limited, Aidco Infra Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Kiran Prakash Patil ceased to be Director on 22 Dec 2021. Ashish Rajshekhar Tambake was appointed as Director on 02 Jan 2020. Nitin Sampat Abdar was appointed as Director on 02 Jan 2020.
Yes, Ashtin India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-15-0018103).
Ashtin India can be reached through the website ashtinindia.com. Its registered office is in Kolhapur, Maharashtra, India.
The registered office of Ashtin India is at R.S.No.1001 Plot No – 13 Unique Tower Office No – 01 Mohite Park Rankala, Kolhapur, Maharashtra, India – 416012.