About Associate Holdings Private Limited
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Associate Holdings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 19 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PTC079715. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mohamed Farouk Suleman Darvesh and Srichand Satramdas Agicha.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 85 – A Sant Savta Margmustafa Bazar, Mumbai, Maharashtra, India – 400010.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹21 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is 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.
Company details
Contact details
Associate Holdings Private Limited's registered office is in Mumbai, Maharashtra. Its website is associategroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address85 – A Sant Savta Margmustafa Bazar, Mumbai, Maharashtra, India – 400010
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Associate Holdings Private Limited, buy the company report.
- 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
Financials of Associate Holdings Private Limited
FY 2016 filings availableAssociate Holdings Private Limited reported revenue of ₹1,500 (down 100% YoY) for FY 2016.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Associate Holdings Private Limited, buy the company report.
Board of directors of Associate Holdings Private Limited
Associate Holdings has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Farouk Suleman Darvesh | Director | 19 Jul 1994 | 32 Years 3 Months | Current |
| Srichand Satramdas Agicha Also directs: Associate Plantations Private Limited, Associate Plywood Industries Private Limited, Associate Lumbers Pvt Ltd and 5 more | Director | 08 Aug 1994 | 32 Years 2 Months | Current |
| Ebrahim Suleman Darvesh | Director | 08 Aug 1994 | 32 Years 2 Months | Current |
| Manoharlal Satramdas Agicha Also directs: Timber Importers Association India Limited, Associate Lumbers Pvt Ltd, Touchwood Real Estate P Ltd. and 5 more | Director | 19 Jul 1994 | 32 Years 3 Months | Current |
Peer comparison
Associate Holdings Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Holding Company), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riser Holding Private Limited | ₹2,168 (FY 2025) | Vadodara, Gujarat, India | ||||
| Nyati Holdings Private Limited | ₹2,000 (FY 2025) | Indore, Madhya Pradesh, India | ||||
| Able & Weal Private Limited | ₹2,000 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| European Aviation Holding Company Private Limited | ₹1,873 (FY 2017) | Mumbai, Maharashtra, India | ||||
| Garima Credit and Holdings Private Limited | ₹1,800 (FY 2024) | Ghaziabad, Uttar Pradesh, India | ||||
| Associate Holdings Private Limitedthis company | ₹1,500 (FY 2016) | -100.0% | Mumbai, Maharashtra, India | |||
| J P Holdings and Leasings Private Limited | ₹1,475 (FY 2021) | -89.0% | Uttar Pradesh, India | |||
| Sai Holdings and General Investing Co Private Limited | ₹1,164 (FY 2024) | 110.0% | Coimbatore, Tamil Nadu, India | |||
| Ysk Holdings Private Limited | ₹849 (FY 2025) | -100.0% | Hyderabad, Telangana, India | |||
| Lake End Investment and Finance Pvt Ltd | ₹676 (FY 2025) | 1727.0% | Ahmedabad, Gujarat, India | |||
| Asia Motorworks Holdings Limited | ₹630 (FY 2025) | -100.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Associate Holdings Private Limited, buy the company report.
Auditor
Associate Holdings Private Limited is audited by A P & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P & CO | FY 2015 | 100040W |
Shareholding
The shareholding of Associate Holdings Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Associate Holdings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2013 | 10409820 | Central Bank of India | ₹21 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Associate Holdings Private Limited has 4 court cases on record: 2 filed by Associate Holdings, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Associate Decor Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Reserve Bank of India Chief General Manager Central Officer, 12Th Floor, Shaheed Bhagat Singh Road , District: Mumbai ,Mumbai , Maharashtra and 4 others | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Associate Holdings Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Associate Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Associate Holdings has 2 subsidiary companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Associate Decor Limited | U20213KA2007PLC041502 | |
| Associate Decor Limited | U20213KA2007PLC041502 |
To see the full group structure of Associate Holdings Private Limited, buy the company report.
GST
Associate Holdings has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Associate Holdings Private Limited, buy the company report.
Recent activity
Associate Holdings Private Limited has 6 board changes on record since 1994: 4 appointments and 2 cessations. The latest: Ashok Sunderdas Agicha ceased to be Director on 10 Apr 2016.
Frequently asked questions
Associate Holdings is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 19 July 1994 (32+ years old) and is registered under CIN U65990MH1994PTC079715.
Associate Holdings has 4 current directors:
- Mohamed Farouk Suleman Darvesh - Director
- Srichand Satramdas Agicha - Director
- Ebrahim Suleman Darvesh - Director
- Manoharlal Satramdas Agicha - Director
The latest financial statements of Associate Holdings on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Associate Holdings has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Associate Holdings is U65990MH1994PTC079715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associate Holdings has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Associate Holdings was incorporated on 19 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Associate Holdings by revenue are Riser Holding Private Limited, Nyati Holdings Private Limited, Able & Weal Private Limited, European Aviation Holding Company Private Limited, Garima Credit and Holdings Private Limited and 5 more, all in the BFSI industry (Holding Company).
Ashok Sunderdas Agicha ceased to be Director on 10 Apr 2016. Usman Suleman Darvesh ceased to be Director on 03 Dec 2007. Ebrahim Suleman Darvesh was appointed as Director on 08 Aug 1994. Associate Holdings has 6 board changes on record in total.
Associate Holdings can be reached through the website associategroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Associate Holdings is at 85 – A Sant Savta Margmustafa Bazar, Mumbai, Maharashtra, India – 400010.