India's Richest People 2026 edition · 1 director · Source: Hurun India
- #97 Atul Ruia ₹33,400 Cr
Ashton Real Estate Development Private Limited
Ashton Real Estate Development Private Limited - real estate in Mahalaxmi, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company real estate
Revenue · FY 2023
₹73.61 Lakh
▲ 52% YoY
Net profit · FY 2023
₹73.01 Lakh
Net margin 99.2%
EBITDA · FY 2023
₹73.01 Lakh
EBITDA margin 99.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Ashton Real Estate Development Private Limited
Data last updated:
Ashton Real Estate Development Private Limited is a private limited company based in Mahalaxmi, Maharashtra, India, a subsidiary of Ashok Apparels Private Limited. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 07 April 2006 and has been in existence for over 20 years.
Its director Atul Ruia is #97 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2006PTC161028.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gayatri Atul Ruia and Amla Ashokkumar Ruia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mahalaxmi, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹73.61 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹73.01 Lakh (net margin 99.2%) and EBITDA of ₹73.01 Lakh (EBITDA margin 99.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70100MH2006PTC161028
Registration Number 161028
Incorporation Date 07 April 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ashok Apparels Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Ashton Real Estate Development
Contact details
Ashton Real Estate Development Private Limited's registered office is in Mahalaxmi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg Shree Luxmi Woollen Mi, Lls Estate, Mahalaxmi, Maharashtra, India – 400011
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Ashton Real Estate Development Private Limited, buy the company report.
Comprehensive company report
Ashton Real Estate Development Private Limited - one report that includes everything
- 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
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Financials of Ashton Real Estate Development Private Limited
FY 2025 filings availableAshton Real Estate Development Private Limited reported revenue of ₹73.61 Lakh (up 52% YoY) for FY 2023.
Revenue · FY 2023
₹73.61 Lakh ▲ 52%
Net profit · FY 2023
₹73.01 Lakh margin 99.2%
EBITDA · FY 2023
₹73.01 Lakh margin 99.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 13%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 13%
5 years · compounded
▼ 8%
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 53% 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 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹73.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.01 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| 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 | 99.2% | ||||
| Net Profit Margin | 99.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Ashton Real Estate Development Private Limited, buy the company report.
Board of directors of Ashton Real Estate Development Private Limited
Ashton Real Estate Development has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayatri Atul Ruia Also directs: Padmashil Hospitality and Leisure Private Limited, Ashok Atul Private Limited, R R Hosiery Private Limited and 5 more | Director | 05 Feb 2019 | 7 Years 8 Months | Current |
| Amla Ashokkumar Ruia Also directs: Padmashil Hospitality and Leisure Private Limited, Ashok Atul Private Limited, R R Hosiery Private Limited and 5 more | Director | 05 Feb 2019 | 7 Years 8 Months | Current |
| Atul Ashokkumar Ruia Also directs: The Phoenix Mills Limited, Padmashil Hospitality and Leisure Private Limited, Ashok Atul Private Limited and 5 more | Director | 05 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Ashton Real Estate Development Private Limited is audited by A. M. Ghelani & Company Chartered Accountants for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. M. Ghelani & Company Chartered Accountants | FY 2017 | 103173W |
Shareholding
The shareholding of Ashton Real Estate Development 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 Ashton Real Estate Development Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashton Real Estate Development 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 Ashton Real Estate Development 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 Ashton Real Estate Development Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashton Real Estate Development Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Amla Ashokkumar Ruia ceased to be Additional Director on 30 Sep 2019.
AGM
Ashton Real Estate Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashton Real Estate Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Amla Ashokkumar Ruia ceased to be Additional Director.
Ceased
Atul Ashokkumar Ruia ceased to be Additional Director.
Ceased
Gayatri Atul Ruia ceased to be Additional Director.
Ceased
Haresh Zilu Morajkar ceased to be Director.
Appointed
Amla Ashokkumar Ruia was appointed as Director.
Appointed
Atul Ashokkumar Ruia was appointed as Director.
Appointed
Gayatri Atul Ruia was appointed as Director.
Ceased
Ashokkumar Ruia Radhakrishna ceased to be Director.
Ceased
Shishir Ashok Shrivastava ceased to be Additional Director.
Ceased
Dipesh Mahesh Gandhi ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Ashton Real Estate Development is an active private limited company based in Mahalaxmi, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 07 April 2006 (20+ years old) and is registered under CIN U70100MH2006PTC161028.
Ashton Real Estate Development has 3 current directors:
- Gayatri Atul Ruia - Director
- Amla Ashokkumar Ruia - Director
- Atul Ashokkumar Ruia - Director
The latest financial statements of Ashton Real Estate Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashton Real Estate Development is U70100MH2006PTC161028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashton Real Estate Development was incorporated on 07 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Amla Ashokkumar Ruia ceased to be Additional Director on 30 Sep 2019. Atul Ashokkumar Ruia ceased to be Additional Director on 30 Sep 2019. Gayatri Atul Ruia ceased to be Additional Director on 30 Sep 2019. Ashton Real Estate Development has 13 board changes on record in total.
The registered office of Ashton Real Estate Development is at CO Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg Shree Luxmi Woollen Mi, Lls Estate, Mahalaxmi, Maharashtra, India – 400011.
Ashton Real Estate Development operates in the real estate industry, in the real estate leasing segment.
The compliance status of Ashton Real Estate Development is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
Ashton Real Estate Development can be reached at its registered office: CO Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg Shree Luxmi Woollen Mi, Lls Estate, Mahalaxmi, Maharashtra, India – 400011.
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