Assurance Condev Private Limited
About Assurance Condev Private Limited
Data last updated:
Assurance Condev Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45309OR2021PTC038120. Its GSTIN is 21AAWCA0863G1ZP (Odisha).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Laxmi Priya Prusty and Raghunath Rout.
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 Flatno – H – 3 3rd Floor Saisuman Complex Sai Anamdam Apartment Ps – Infocity Patia, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2024, the company reported a revenue of ₹1 Cr. For the same year it recorded a net profit of ₹2.54 Lakh (net margin 2.5%) and EBITDA of ₹6.07 Lakh (EBITDA margin 6.1%).
As per MCA filings, the company has open charges of ₹4.72 Cr on record.
Company details
Contact details
Assurance Condev Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlatno – H – 3 3rd Floor Saisuman Complex Sai Anamdam Apartment Ps – Infocity Patia, Bhubaneswar, Odisha, India – 751024
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Assurance Condev 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
Business activity
The main business activity of Assurance Condev is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Assurance Condev Private Limited, buy the company report.
Financials of Assurance Condev Private Limited
FY 2025 filings availableAssurance Condev Private Limited reported revenue of ₹1 Cr for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹6.07 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.54 Lakh | ||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.1% | ||
| Net Profit Margin | 2.5% | ||
| 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 | |||
To see the full financial statements and ratios of Assurance Condev Private Limited, buy the company report.
Board of directors of Assurance Condev Private Limited
Assurance Condev has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Priya Prusty Also directs: Assurance Metalloyd Exim Private Limited, Sai Sambhu Agrotech Private Limited, Nityan Agritech Private Limited and 5 more | Director | 10 Nov 2021 | 4 Years 11 Months | Current |
| Raghunath Rout Also directs: Sai Sambhu Agrotech Private Limited, Sai Sambhu Dream Homes Private Limited, Sai Sambhu Automobiles Private Limited and 4 more | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Ratikanta Rout Also directs: Sai Sambhu Agrotech Private Limited, Sai Sambhu Dream Homes Private Limited, Odimet Resources Private Limited and 4 more | Director | 10 Nov 2021 | 4 Years 11 Months | Current |
| Sambit Padhi | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Sandeepta Mishra | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Assurance Condev Private Limited is audited by PAMS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAMS & ASSOCIATES | FY 2023 | 316079E |
Shareholding
The shareholding of Assurance Condev Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Assurance Condev Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2026 | 101222076 | Canara Bank | ₹21.88 Lakh | Open | |
| 12 Mar 2024 | 100894343 | Canara Bank | ₹4.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Assurance Condev Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Assurance Condev Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Assurance Condev Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Assurance Condev has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAWCA0863G1ZP | Odisha | Active | 24 Apr 2023 |
To see the full GST registrations and return filing status of Assurance Condev Private Limited, buy the company report.
Recent activity
Assurance Condev Private Limited has 5 board changes on record since 2021: 5 appointments. The latest: Raghunath Rout was appointed as Director on 01 Aug 2024.
Frequently asked questions
Assurance Condev is an active private limited company based in Bhubaneswar, Odisha, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 November 2021 (5+ years old) and is registered under CIN U45309OR2021PTC038120.
Assurance Condev has 5 current directors:
- Laxmi Priya Prusty - Director
- Raghunath Rout - Director
- Ratikanta Rout - Director
- Sambit Padhi - Director
- Sandeepta Mishra - Director
The latest financial statements of Assurance Condev on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Assurance Condev is 21AAWCA0863G1ZP, registered in Odisha.
The CIN (Corporate Identification Number) of Assurance Condev is U45309OR2021PTC038120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assurance Condev was incorporated on 10 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
Raghunath Rout was appointed as Director on 01 Aug 2024. Sambit Padhi was appointed as Director on 19 Apr 2023. Sandeepta Mishra was appointed as Director on 19 Apr 2023. Assurance Condev has 5 board changes on record in total.
The registered office of Assurance Condev is at Flatno – H – 3 3rd Floor Saisuman Complex Sai Anamdam Apartment Ps – Infocity Patia, Bhubaneswar, Odisha, India – 751024.
Assurance Condev operates in the infrastructure and utilities industry, in the general construction services segment.
Assurance Condev has open charges of ₹4.72 Cr and no satisfied charges on record as per latest MCA filings.