Aspen Infrastructures Limited - Company Profile

Q: Who are the current directors of Aspen Infrastructures Limited?

The current directors of Aspen Infrastructures Limited are Kirtikumar Jasvantlal Vagadia, Shailesh Dhanjibhai Tanti, Jitendra Ranchhodbhai Tanti, Harish Himatlal Mehta, Nilesh Vallabhdas Dhanani.

It is a infrastructure and utilities public limited company based in Pune, Maharashtra, India, established in 1998.

1998 Pune, Maharashtra, India Amalgamated

Last Updated: July 21, 2025

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About Aspen Infrastructures Limited

Aspen Infrastructures Limited, a amalgamated public limited company, was established on 21 April 1998 in Pune, Maharashtra, India. Engaging in general infrastructure services within the professional, scientific and technical sector, it holds CIN: U45202PN1998PLC016516. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹130.00 Cr and a paid-up capital of ₹84.35 Cr.

Formerly known as Suzlon Infrastructure Limited, Suzlon Developers Private Limited. Employing 114 professional, Its leadership includes Kirtikumar Jasvantlal Vagadia (Director), Shailesh Dhanjibhai Tanti (Company Secretary), Jitendra Ranchhodbhai Tanti (Ceo). Past directors included Kirtikumar Jasvantlal Vagadia, Ashish Kumar, Jitendra Ranchhodbhai Tanti. It holds no open charges and ₹1,300.52 Cr settled loans. Its latest AGM occurred on 28 September 2018, with the balance sheet filed on 31 March 2018. It is based at Godrej Millennium, 5Th Floor, 9, Koregaon Park Road,, Pune, Maharashtra, 411001.

Company Details

CIN/LLPIN
U45202PN1998PLC016516
Registration Number
016516
Incorporation Date
21 April 1998
Authorized Capital
₹130.00 Cr
Paid-Up Capital
₹84.35 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 130.00 Cr as on 21-07-2025
Paid Up Capital ₹ 84.35 Cr as on 21-07-2025
Company Age 27 Year, 10 Months
Last Filing with ROC 31 Mar 2018
Satisfied Charges ₹ 1,300.52 Cr as on 21-07-2025
Revenue Growth **** -48.32% (FY 2018)
Profit Growth **** -183.54% (FY 2018)
Ebitda **** -49.49% (FY 2018)
Net Worth -3.99% (FY 2018)
Total Assets -1.76% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Aspen Infrastructures Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Aspen Infrastructures Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kirtikumar Jasvantlal Vagadia	Director	01 Jan 2010	Current
Shailesh Dhanjibhai Tanti	Company Secretary	01 Apr 2017	Current
Jitendra Ranchhodbhai Tanti	Ceo	18 Aug 2015	Current
Harish Himatlal Mehta	Director	19 Feb 2005	Current
Nilesh Vallabhdas Dhanani	Director	01 Oct 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	25 Sep 2010	Past
Pramod Abcsdd	Company Secretary	10 Sep 2010	Past
Pramod Abcsdd	Managing Director	17 Aug 2015	Past
Pramod Abcsdd	Additional Director	28 Sep 2017	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Whole-Time Director	01 Apr 2010	Past

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Financial Performance of Aspen Infrastructures.

Aspen Infrastructures Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 48.32% decrease. The company also saw a substantial fall in profitability, with a 183.54% decrease in profit. The company's net worth dipped by a decrease of 3.99%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-48.32%

*******

Revenue from Operations

*******

-49.46%

*******

Total Assets

*******

-1.76%

*******

Profit or Loss

*******

-183.54%

*******

Net Worth

*******

-3.99%

*******

EBITDA

*******

-49.49%

*******

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What is the Ownership and Shareholding Structure of Aspen Infrastructures?

In 2018, Aspen Infrastructures had a promoter holding of 95.46% and a public holding of 4.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹13,005,172,290.00

Charges Breakdown by Lending Institutions

Infrastructure Development Finance Company Limited : 750.00 Cr
Idbi Trusteeship Services Limited : 400.00 Cr
Yes Bank Limited : 75.00 Cr
Idfc Limited : 25.00 Cr
The Sarswat Co Operative Bank Limited : 19.85 Cr
Others : 30.67 Cr

Latest Charge Details

Date	Lender	Amount	Status
12 Feb 2014	Idfc Limited	₹25.00 Cr	Satisfied
06 Feb 2012	L & T Finance Limited	₹1.76 Cr	Satisfied
06 Feb 2012	L & T Finance Limited	₹1.76 Cr	Satisfied
23 Dec 2011	Corporation Bank	₹10.50 Cr	Satisfied
30 Mar 2011	Idbi Trusteeship Services Limited	₹400.00 Cr	Satisfied

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How Many Employees Work at Aspen Infrastructures?

Aspen Infrastructures has a workforce of 114 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Aspen Infrastructures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aspen Infrastructures's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Aspen Infrastructures

Recent Activity within the Organization

Annual General Meeting

The activity Aspen Infrastructures Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records. was completed.
28 Sep 2018
Balance Sheet

Aspen Infrastructures Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Pune. was recorded as a recent event.
31 Mar 2018
Director Appointment

Progress on Shailesh Dhanjibhai Tanti was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2017 & has been associated with this company since 8 years 11 months . was documented.
01 Apr 2017
Director Appointment

The activity Shailesh Dhanjibhai Tanti was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2017 & has been associated with this company since 8 years 11 months . was completed.
01 Apr 2017
Charges

A charge registered on 30 Mar 2011 via Charge ID 10280369 with Idbi Trusteeship Services Limited was fully satisfied on 07 Dec 2016. was recorded as a recent event.
07 Dec 2016
Charges

Progress on A charge registered on 08 Aug 2008 via Charge ID 10117317 with Infrastructure Development Finance Company Limited was fully satisfied on 03 Dec 2016. was documented.
03 Dec 2016

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