Askar Realty Private Limited
About Askar Realty Private Limited
Data last updated:
Askar Realty Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2009PTC057039.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Punvant Pukhraj Shah and Ramesh Hushmukhbhai Patel.
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 701 Shapath I Opp. Rajpath Club S. G . Highway Road, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.97 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹7.96 Lakh (net margin 1.3%) and EBITDA of ₹8.13 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 274% over three years and 146% over five years.
As per MCA filings, the company has open charges of ₹18.57 Cr and satisfied charges of ₹8.55 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address701 Shapath I Opp. Rajpath Club S. G . Highway Road, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Askar Realty Private Limited
The main business activity of Askar Realty is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Askar Realty Private Limited FY 2025 filings available
Askar Realty Private Limited reported revenue of ₹5.97 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Askar Realty Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 146% over five years, including 19% growth in the latest year. EBITDA fell 69% 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 Askar Realty Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.96 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 Askar Realty Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Askar Realty 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 Askar Realty Private Limited
Askar Realty Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salasar Buildtech Private Limited | ₹5.98 Cr (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Rathinam Shelters Private Limited | ₹5.98 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Coimbatore, Tamil Nadu, India |
| R D & Sons Pvt Ltd | ₹5.97 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Weisshorn Realty Private Limited | ₹5.97 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Dara Estates Private Limited | ₹5.97 Cr (FY 2018) | •••• | •••• | -23.0% | •••• | Chandigarh, India |
| Askar Realty Private Limited this company | ₹5.97 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ahmedabad, Gujarat, India |
| N R S Buildcraft Private Limited | ₹5.97 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Kotha Infrastructure&Development Services Private Limited | ₹5.97 Cr (FY 2023) | •••• | •••• | 14565.0% | •••• | Hyderabad, Telangana, India |
| GST Infratech Private Limited | ₹5.97 Cr (FY 2021) | •••• | •••• | 26.0% | •••• | Faridabad, Haryana, India |
| Imagine Builders Private Limited | ₹5.96 Cr (FY 2024) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Shine Realtors Private Limited | ₹5.96 Cr (FY 2024) | •••• | •••• | -54.0% | •••• | Guwahati, Assam, India |
Peers are the five companies nearest above and the five nearest below Askar Realty by revenue in the Real Estate industry (Builders and Developers), 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 Askar Realty Private Limited
Askar Realty Private Limited is audited by ARPAN SHAH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARPAN SHAH & ASSOCIATES | 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 Askar Realty Private Limited
Askar Realty 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 |
|---|---|---|---|---|
| Punvant Pukhraj Shah | Director | 22 May 2009 | 17 Years 4 Months | Current |
| Ramesh Hushmukhbhai Patel | Director | 22 May 2009 | 17 Years 4 Months | Current |
Ownership and Shareholding of Askar Realty 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 Askar Realty Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2020 | Hdfc Bank Limited | ₹17.29 Cr | Open |
| 01 Jul 2010 | Standard Chartered Bank | ₹1.28 Cr | Open |
| 12 Dec 2017 | Others | ₹6.5 Cr | Satisfied |
| 30 Jun 2015 | Deutsche Bank Ag | ₹75 Lakh | Satisfied |
| 31 Dec 2013 | Deutsche Bank Ag | ₹1.3 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Askar Realty Private Limited
Askar Realty Private Limited has 2 court cases on record: 2 filed by Askar Realty. All cases are pending. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Filed by the company against The Bank of Baroda Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (SPCS) | Filed by the company against Bank of Baroda Gidc Industrial Estate Branch Kalol | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Askar Realty Private Limited
Employment history and EPFO contributions of people linked to Askar Realty.
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 Askar Realty Private Limited
Askar Realty Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Sandhya Virendra Kankariya ceased to be Director on 27 Mar 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Askar Realty 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 Askar Realty 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 Askar Realty 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 Askar Realty Private Limited
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 Askar Realty 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 Askar Realty Private Limited
Askar Realty is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 May 2009 (17+ years old) and is registered under CIN U45201GJ2009PTC057039.
Askar Realty reported revenue of ₹5.97 Cr for FY 2025 (up 19% YoY).
Askar Realty has 2 current directors:
- Punvant Pukhraj Shah - Director
- Ramesh Hushmukhbhai Patel - Director
Askar Realty reported a net profit of ₹7.96 Lakh (net margin 1.3%) and EBITDA of ₹8.13 Lakh (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Askar Realty is 274% over three years and 146% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Askar Realty is U45201GJ2009PTC057039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Askar Realty has 2 court cases on record: 2 filed by the company. 2 are pending. Most are in the high courts.
Askar Realty was incorporated on 22 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Askar Realty by revenue are Salasar Buildtech Private Limited, Rathinam Shelters Private Limited, R D & Sons Pvt Ltd, Weisshorn Realty Private Limited, Dara Estates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sandhya Virendra Kankariya ceased to be Director on 27 Mar 2023. Punvant Pukhraj Shah was appointed as Director on 22 May 2009. Ramesh Hushmukhbhai Patel was appointed as Director on 22 May 2009.
The registered office of Askar Realty is at 701 Shapath I Opp. Rajpath Club S. G . Highway Road, Ahmedabad, Gujarat, India – 380015.