Asodar Ventures Private Limited
About Asodar Ventures Private Limited
Data last updated:
Asodar Ventures Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 March 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2012PTC069569. Its GSTIN is 24AAKCA4015E1Z7 (Gujarat). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Asodar Texto Private Limited. It was led by directors Dhruv Ashokbhai Jagani (Managing Director) and Jubin Navin Nandu.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹37.07 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹34,205 (net margin 0%) and EBITDA of ₹5.29 Lakh (EBITDA margin 0.1%).
Court records list 2 cases involving the company, including 1 filed against it.
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- Registered AddressFlat No. 403 Dream House Near L.P. Savani School Canal Road Ves, U, Surat, Gujarat, India – 395007
- IndustryManufacturing, Textile & Fabric Production
- 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 Asodar Ventures Private Limited
The main business activity of Asodar Ventures 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 Asodar Ventures Private Limited FY 2017 filings available
Asodar Ventures Private Limited reported revenue of ₹37.07 Cr (down 37% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Asodar Ventures Private Limited
Revenue fell 37% in the latest year. EBITDA rose 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Asodar Ventures Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | ₹5.29 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34,205 | •••• | •••• |
| 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 Asodar Ventures Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.1% | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• |
| 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 Asodar Ventures 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 Asodar Ventures Private Limited
Asodar Ventures Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R P Moondra Texturisers Private Limited | ₹37.21 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Surat, Gujarat, India |
| DNB Textiles Private Limited | ₹37.19 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Sayan, Gujarat, India |
| Hanumanprasad Textile Private Limited | ₹37.12 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Surat, Gujarat, India |
| Siddhachal Fab Private Limited | ₹37.11 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Thane, Maharashtra, India |
| Alok Textile Mills Private Limited | ₹37.1 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Asodar Ventures Private Limited this company | ₹37.07 Cr (FY 2017) | •••• | •••• | -37.0% | •••• | Surat, Gujarat, India |
| T. H. Textiles Private Limited | ₹37.02 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | Ahmedabad, Gujarat, India |
| Karan Smartex Private Limited | ₹37.02 Cr (FY 2025) | •••• | •••• | 197.0% | •••• | Delhi, India |
| Oasis Hometex Private Limited | ₹36.99 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Karur, Tamil Nadu, India |
| K P N Textile Mills Private Limited | ₹36.97 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Erode, Tamil Nadu, India |
| Sri Venkat Ram Spinners Private Limited | ₹36.95 Cr (FY 2017) | •••• | •••• | -42.0% | •••• | Virudhunagar Disttrict, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Asodar Ventures by revenue in the Manufacturing industry (Textiles), 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 Asodar Ventures Private Limited
Asodar Ventures Private Limited is audited by K. A. P. S. & Associates for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. A. P. S. & 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 Asodar Ventures Private Limited
Asodar Ventures has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Ashokbhai Jagani | Managing Director | 24 Mar 2012 | 14 Years 6 Months | As last reported |
| Jubin Navin Nandu Also directs: Saffroind Foods Private Limited | Director | 30 Dec 2016 | 9 Years 9 Months | As last reported |
Ownership and Shareholding of Asodar Ventures 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 Asodar Ventures Private Limited
Asodar Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Asodar Ventures Private Limited
Asodar Ventures Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Company is another party | Disposed |
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 Asodar Ventures Private Limited
Employment history and EPFO contributions of people linked to Asodar Ventures.
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.
CIN History of Asodar Ventures Private Limited
Asodar Ventures has one previous CIN (Corporate Identification Number): U17120GJ2012PTC069569. The current CIN is U51100GJ2012PTC069569, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ2012PTC069569 | Current |
| U17120GJ2012PTC069569 | Previous |
Recent Activity on Asodar Ventures Private Limited
Asodar Ventures Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Jubin Navin Nandu ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Asodar Ventures 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 Asodar Ventures 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 Asodar Ventures 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 Asodar Ventures Private Limited
Asodar Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA4015E1Z7 | Gujarat | Active | 01 Jul 2017 |
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 Asodar Ventures 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 Asodar Ventures Private Limited
Asodar Ventures has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Asodar Ventures was a private limited company based in Surat, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 24 March 2012 and is registered under CIN U51100GJ2012PTC069569. The company has been struck off by the Registrar of Companies and is no longer operational.
Asodar Ventures had 2 directors:
- Dhruv Ashokbhai Jagani - Managing Director
- Jubin Navin Nandu - Director
The CIN (Corporate Identification Number) of Asodar Ventures is U51100GJ2012PTC069569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Asodar Ventures is at Flat No. 403 Dream House Near L.P. Savani School Canal Road Ves, U, Surat, Gujarat, India – 395007.
Asodar Ventures was incorporated on 24 March 2012. It is registered with the Registrar of Companies, Ahmedabad.
Asodar Ventures reported revenue of ₹37.07 Cr for FY 2017 (down 37% YoY).
Asodar Ventures has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Asodar Ventures reported a net loss of ₹34,205 (net margin 0%) and EBITDA of ₹5.29 Lakh (EBITDA margin 0.1%) for FY 2017, as per its filed financial statements.
The GSTIN of Asodar Ventures is 24AAKCA4015E1Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Asodar Ventures operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.