Associated Projects Private Limited
About Associated Projects Private Limited
Data last updated:
Associated Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 28 September 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1973PTC016882. Its GSTIN is 27AADCA4516H1ZW (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vichare and Company Pvt Ltd. It is led by directors including Mulji Narpar Dedhia and Heet Navin Chheda.
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 105 1st Floor Jal Classic Shradhanand Road Above Syndicate Bank Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹99,850, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹21,704 (net margin 21.7%) and EBITDA of ₹65,950 (EBITDA margin 66%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
As per MCA filings, the company has open charges of ₹3 Lakh on record. Court records list 14 cases involving the company, including 10 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address105 1st Floor Jal Classic Shradhanand Road Above Syndicate Bank Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Auditor Details of Associated Projects Private Limited
Associated Projects Private Limited is audited by VAISHAMPAYAN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VAISHAMPAYAN & 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 Associated Projects Private Limited
Associated Projects has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisarg Navin Chheda Also directs: Rangeela Art Jewellery LLP | Additional Director | 08 Nov 2021 | 4 Years 10 Months | Current |
| Mulji Narpar Dedhia Also directs: Spacewalk Realty LLP, Raghuvir Property Developers Private Limited, Spacewalk Buildcon Private Limited and 1 more | Director | 28 Oct 2021 | 4 Years 11 Months | Current |
| Heet Navin Chheda | Director | 08 Nov 2021 | 4 Years 10 Months | Current |
| Dhaval Mulji Dedhia | Additional Director | 08 Nov 2021 | 4 Years 10 Months | Current |
| Diwaliben Mulji Dedhia Also directs: Spacewalk Realty LLP | Additional Director | 08 Nov 2021 | 4 Years 10 Months | Current |
Financials of Associated Projects Private Limited FY 2025 filings available
Associated Projects Private Limited reported revenue of ₹99,850 (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Associated Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 38% over three years, including 19% growth in the latest year. EBITDA rose 52% 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 Associated Projects 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 | ₹65,950 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21,704 | •••• | •••• | •••• | •••• |
| 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 Associated Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.7% | •••• | •••• | •••• | •••• |
| 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 Associated Projects 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.
Ownership and Shareholding of Associated Projects 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 Associated Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 1977 | Bank of India | ₹3 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Associated Projects Private Limited
Employment history and EPFO contributions of people linked to Associated Projects.
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.
GST Compliance of Associated Projects Private Limited
Associated Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA4516H1ZW | Maharashtra | 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.
Legal Cases of Associated Projects Private Limited
Associated Projects Private Limited has 14 court cases on record: 10 filed by Associated Projects, 4 filed against it. 3 cases are pending and 11 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 2 |
| District courts | 7 | 2 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (AO) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by an individual | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Shree Sardar Patel Co-Operative Housing Society Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Shree Sardar Patel Co-Op Hou.Soc. Limited | Disposed |
Full case history
All 14 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.
Credit Ratings, Litigation & Regulatory Alerts for Associated Projects 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 Associated Projects 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 Associated Projects 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.
MCA Filings & Documents of Associated Projects 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.
Recent Activity on Associated Projects Private Limited
Frequently Asked Questions about Associated Projects Private Limited
Associated Projects is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 28 September 1973 (53+ years old) and is registered under CIN U45200MH1973PTC016882.
Associated Projects reported revenue of ₹99,850 for FY 2025 (up 19% YoY).
Associated Projects has 5 current directors:
- Nisarg Navin Chheda - Additional Director
- Mulji Narpar Dedhia - Director
- Heet Navin Chheda - Director
- Dhaval Mulji Dedhia - Additional Director
- Diwaliben Mulji Dedhia - Additional Director
Associated Projects reported a net profit of ₹21,704 (net margin 21.7%) and EBITDA of ₹65,950 (EBITDA margin 66%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Associated Projects is 38% over three 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 GSTIN of Associated Projects is 27AADCA4516H1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Associated Projects is U45200MH1973PTC016882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Projects has 14 court cases on record: 10 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
Associated Projects was incorporated on 28 September 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.