Astron Developers Private Limited
About Astron Developers Private Limited
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Astron Developers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC060056. Its GSTIN is 24AAICA3212D1ZE (Gujarat).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹15.17 Cr. It is led by directors Pradeep Phulchand Agarwal and Ankith Kumar Agarwal.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 23 First Floor Advance Plaza Opp Swaminarayantemple Shahibaug Road, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹9.44 Cr and EBITDA of -₹9.43 Cr. Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 14% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹244 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Astron Developers Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23 First Floor Advance Plaza Opp Swaminarayantemple Shahibaug Road, Ahmedabad, Gujarat, India – 380004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Astron Developers 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 Astron Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Astron Developers Private Limited
FY 2024 filings availableAstron Developers Private Limited reported revenue of ₹1.38 Cr (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 84% fall 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹9.43 Cr | ||||
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| Net Profit (PAT) | -₹9.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Astron Developers Private Limited, buy the company report.
Board of directors of Astron Developers Private Limited
Astron Developers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Phulchand Agarwal Also directs: Grant Infrastructure Private Limited, Phulchand Exports Private Ltd, Avikesh Tradewell Private Limited and 2 more | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Ankith Kumar Agarwal Also directs: Grant Infrastructure Private Limited, Phulchand Exports Private Ltd, Prateek Apparels Private Limited and 2 more | Director | 03 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
Astron Developers Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abha Contractors Private Limited | ₹1.38 Cr (FY 2023) | -33.0% | Etawah, Uttar Pradesh, India | |||
| V. Jamnadas Developer Private Limited | ₹1.38 Cr (FY 2025) | 211.0% | Bhavnagar, Gujarat, India | |||
| Astron Developers Private Limitedthis company | ₹1.38 Cr (FY 2024) | -₹9.44 Cr | -84.0% | Ahmedabad, Gujarat, India | ||
| Kumar Sinew Developers Private Limited | ₹1.38 Cr (FY 2025) | 649.0% | Pune, Maharashtra, India | |||
| Kma Constructions (India) Private Limited | ₹1.37 Cr (FY 2018) | -55.0% | Kozhikode, Kerala, India | |||
| Gratia Engineering Services Private Limited | ₹1.37 Cr (FY 2024) | 28.0% | Delhi, India |
To see the full peer comparison of Astron Developers Private Limited, buy the company report.
Auditor
Astron Developers Private Limited is audited by Niraj Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Niraj Agrawal & Co. | FY 2023 | 143228W |
Shareholding
The shareholding of Astron Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Astron Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2017 | 100146258 | Others | ₹55 Cr | Satisfied | |
| 23 Mar 2016 | 100019271 | Others | ₹50 Cr | Satisfied | |
| 23 Mar 2016 | 100019274 | Others | ₹38 Cr | Satisfied | |
| 26 Aug 2013 | 10446342 | Corporation Bank | ₹15 Cr | Satisfied | |
| 26 Aug 2009 | 10173568 | Lakshmi Vilas Bank Limited | ₹86 Cr | Satisfied |
To see the full charge records of Astron Developers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Astron Developers Private Limited has 1 court case on record: 1 filed by Astron Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
To see the full case history of Astron Developers 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 Astron Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Astron Developers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Grant Infrastructure Private Limited | U45201GJ2008PTC052815 |
To see the full group structure of Astron Developers Private Limited, buy the company report.
GST
Astron Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICA3212D1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Astron Developers Private Limited, buy the company report.
Recent activity
Astron Developers Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Ankith Kumar Agarwal ceased to be Additional Director on 28 Sep 2025.
15 earlier events are in the company report.
Frequently asked questions
Astron Developers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 March 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC060056.
Astron Developers has 2 current directors:
- Pradeep Phulchand Agarwal - Director
- Ankith Kumar Agarwal - Director
The latest financial statements of Astron Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Astron Developers is 24AAICA3212D1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Astron Developers is U45201GJ2010PTC060056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astron Developers has 1 court case on record: 1 filed by the company.
Astron Developers was incorporated on 29 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Astron Developers by revenue are Abha Contractors Private Limited, V. Jamnadas Developer Private Limited, Kumar Sinew Developers Private Limited, Kma Constructions (India) Private Limited, Gratia Engineering Services Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ankith Kumar Agarwal ceased to be Additional Director on 28 Sep 2025. Ankith Kumar Agarwal was appointed as Director on 03 Jan 2025. Som Dutta Vyas ceased to be Additional Director on 28 Oct 2021. Astron Developers has 9 board changes on record in total.
The registered office of Astron Developers is at 23 First Floor Advance Plaza Opp Swaminarayantemple Shahibaug Road, Ahmedabad, Gujarat, India – 380004.
Astron Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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