About Associate Expressway Realty Private Limited
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Associate Expressway Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45205MH2005PTC151581. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Zakaria Farouk Darvesh and Yahya Mohamed Farouk Darvesh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 15 Hill Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.23 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹63,823 (net margin -28.6%) and EBITDA of -₹48,679 (EBITDA margin -21.8%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website associategroup.in.
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- TelephoneLocked
- Website
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- Registered Address15 Hill Road Bandra (West), Mumbai, Maharashtra, India – 400050
- 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
Financials of Associate Expressway Realty Private Limited FY 2018 filings available
Associate Expressway Realty Private Limited reported revenue of ₹2.23 Lakh (down 41% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Associate Expressway Realty Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 41% fall in the latest year. EBITDA rose 22% 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 Associate Expressway Realty Private Limited
| Metrics | FY 2017-18 | 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 | -₹48,679 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹63,823 | •••• | •••• | •••• |
| 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 Associate Expressway Realty Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -21.8% | •••• | •••• | •••• |
| Net Profit Margin | -28.6% | •••• | •••• | •••• |
| 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 Associate Expressway 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 Associate Expressway Realty Private Limited
Associate Expressway 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 |
|---|---|---|---|---|---|---|
| Wastushilpa Builders Pvt Ltd | ₹2.23 Lakh (FY 2025) | •••• | •••• | 304.0% | •••• | Shrirampur, Maharashtra, India |
| Vidhi Holdings Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Skyhigh Landcon Private Limited | ₹2.23 Lakh (FY 2021) | •••• | •••• | -6.0% | •••• | Karnal, Haryana, India |
| Jaina Properties Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | New Delhi, Delhi, India |
| Trustline Construction Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | 346.0% | •••• | Kolkata, West Bengal, India |
| Associate Expressway Realty Private Limited this company | ₹2.23 Lakh (FY 2018) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| SMS Buildcon Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | 157.0% | •••• | Delhi, India |
| P and A Estates Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Silvertoss Tradelink Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Kolkata, West Bengal, India |
| Valuecent Divine Private Limited | ₹2.22 Lakh (FY 2024) | •••• | •••• | 413.0% | •••• | Gurugram, Haryana, India |
| Nexus Devcon Private Limited | ₹2.22 Lakh (FY 2020) | •••• | •••• | 63.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Associate Expressway 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 Associate Expressway Realty Private Limited
Associate Expressway Realty Private Limited is audited by A P & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A P & CO | 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 Associate Expressway Realty Private Limited
Associate Expressway Realty has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zakaria Farouk Darvesh Also directs: Touchwood Real Estate P Ltd., Associate Township Builders Private Limited, Associate Infratech (I) Private Limited and 5 more | Director | 22 Mar 2010 | 16 Years 6 Months | Current |
| Yahya Mohamed Farouk Darvesh | Director | 22 Mar 2010 | 16 Years 6 Months | Current |
| Mohamed Farouk Suleman Darvesh | Director | 24 Feb 2005 | 21 Years 7 Months | Current |
| Srichand Satramdas Agicha Also directs: Associate Plantations Private Limited, Associate Plywood Industries Private Limited, Associate Lumbers Pvt Ltd and 5 more | Director | 24 Feb 2005 | 21 Years 7 Months | Current |
| Ebrahim Suleman Darvesh | Director | 24 Feb 2005 | 21 Years 7 Months | Current |
| Sidarrtha Agicha | Director | 22 Mar 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Associate Expressway 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 Associate Expressway Realty Private Limited
Associate Expressway Realty Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Associate Expressway Realty Private Limited
Associate Expressway Realty Private Limited has 7 court cases on record: 6 filed by Associate Expressway Realty, 1 filed against it. 6 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 0 | 5 |
| High courts | 1 | 1 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against an individual | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company by an individual | Disposed |
Full case history
All 7 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 Associate Expressway Realty Private Limited
Employment history and EPFO contributions of people linked to Associate Expressway 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.
CIN History of Associate Expressway Realty Private Limited
Associate Expressway Realty has one previous CIN (Corporate Identification Number): U25200MH2005PTC151581. The current CIN is U45205MH2005PTC151581, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45205MH2005PTC151581 | Current |
| U25200MH2005PTC151581 | Previous |
Recent Activity on Associate Expressway Realty Private Limited
Associate Expressway Realty Private Limited has 12 board changes on record since 2005: 7 appointments and 5 cessations. The latest: Ashok Sunderdas Agicha ceased to be Director on 10 Apr 2016.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Associate Expressway 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 Associate Expressway 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 Associate Expressway 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 Associate Expressway Realty Private Limited
Associate Expressway Realty has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Associate Expressway 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 Associate Expressway Realty Private Limited
Associate Expressway Realty is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 February 2005 (21+ years old) and is registered under CIN U45205MH2005PTC151581.
Associate Expressway Realty reported revenue of ₹2.23 Lakh for FY 2018 (down 41% YoY).
Associate Expressway Realty has 7 current directors:
- Zakaria Farouk Darvesh - Director
- Yahya Mohamed Farouk Darvesh - Director
- Mohamed Farouk Suleman Darvesh - Director
- Srichand Satramdas Agicha - Director
- Ebrahim Suleman Darvesh - Director
- Sidarrtha Agicha - Director
- Manoharlal Satramdas Agicha - Director
Associate Expressway Realty reported a net loss of ₹63,823 (net margin -28.6%) and EBITDA of -₹48,679 (EBITDA margin -21.8%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Associate Expressway Realty is -16% over three years. In the latest year (FY 2018) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
No. Associate Expressway Realty has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Associate Expressway Realty is U45205MH2005PTC151581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associate Expressway Realty has 7 court cases on record: 6 filed by the company and 1 filed against it. 6 are pending. Most are in the nclat.
Associate Expressway Realty was incorporated on 24 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Associate Expressway Realty by revenue are Wastushilpa Builders Pvt Ltd, Vidhi Holdings Private Limited, Skyhigh Landcon Private Limited, Jaina Properties Private Limited, Trustline Construction Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ashok Sunderdas Agicha ceased to be Director on 10 Apr 2016. Gaurav Manoharlal Agicha ceased to be Additional Director on 30 Sep 2010. Sidarrtha Agicha ceased to be Additional Director on 30 Sep 2010. Associate Expressway Realty has 12 board changes on record in total.