About Ayush Procon Private Limited
Data last updated:
Ayush Procon Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 27 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2018PTC101537. Its GSTIN is 24AAQCA7139M1Z5 (Gujarat). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.69 Lakh. It is led by directors Dayal Rajan and Siddharth Rajan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 10 Second Floor Sector – 1/A, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.55 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹8.82 Lakh (net margin -0.1%) and EBITDA of ₹8.28 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 2% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹39.59 Cr and satisfied charges of ₹9.58 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 13 filed against it; 7 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2024. Its 10 peer companies in the Infrastructure industry (Roads and Bridges) are compared by revenue, 5 larger and 5 smaller; the largest is Tirumala Highways Private Limited. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 21 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ayushprocon.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 10 Second Floor Sector – 1/A, Gandhidham, Gujarat, India – 370201
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
Business Activity of Ayush Procon Private Limited
The main business activities of Ayush Procon are construction and trade. In detail, this covers roads, railways, utility projects and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ayush Procon Private Limited FY 2024 filings available
Ayush Procon Private Limited reported revenue of ₹83.55 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ayush Procon Private Limited
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 21% 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 Ayush Procon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹8.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.82 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 of Ayush Procon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 Ayush Procon are in the company report.
Financial statements from FY 2018
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 Ayush Procon Private Limited
Ayush Procon Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tirumala Highways Private Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Calcatta-Haldia Port Road Company Limited. | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| GR Galgalia Bahadurganj Highway Private Limited | •••• | •••• | •••• | •••• | - | Udaipur, Rajasthan, India |
| Shri Aruna Constructions Private Limited | •••• | •••• | •••• | •••• | 61 | Bangalore, Karnataka, India |
| Dewas Ujjain Highway Private Limited | •••• | •••• | •••• | •••• | - | Sadar Bazar, Haryana, India |
| Ayush Procon Private Limited this company | •••• | •••• | •••• | •••• | - | Gandhidham, Gujarat, India |
| Tara Tarini Constructions Private Limited | •••• | •••• | •••• | •••• | - | Jeypore, Orissa, India |
| GF Toll Road Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Neelkanth Entrepreneurs Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Sudhir Constructions Infraspace (Hiwarkhed Telhara Road) Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Kandi Ramsanpalle Road Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ayush Procon by revenue in the Infrastructure industry (Roads and Bridges), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ayush Procon Private Limited
Ayush Procon Private Limited is audited by Bolia & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bolia & 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 Ayush Procon Private Limited
Ayush Procon has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dayal Rajan Also directs: Kandla Packaging Private Limited | Director | 27 Mar 2018 | 8 Years 6 Months | Current |
| Siddharth Rajan | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Ayush Procon 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 Ayush Procon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2025 | Others | ₹20.71 Lakh | Open |
| 31 May 2025 | Others | ₹31.71 Lakh | Open |
| 08 Dec 2021 | State Bank of India | ₹25 Cr | Open |
| 31 Jul 2021 | Hdfc Bank Limited | ₹7.75 Lakh | Open |
| 28 Jun 2021 | Others | ₹8.35 Lakh | Open |
Total charge records: 20 View all charges
Deals & Funding of Ayush Procon Private Limited
Ayush Procon Private Limited has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2021 | Rights issue | ₹5 Cr | Investors: 2 individuals |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ayush Procon Private Limited
Ayush Procon Private Limited has 16 court cases on record: 1 filed by Ayush Procon, 13 filed against it, 2 where it is another party. 7 cases are pending and 9 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 13 | 7 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Kunal Conchem Private Limited | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Mogli Labs (India) Private Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Mogli Labs (India) Private Limited | Disposed |
| District court, Prayagraj, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Com. ULP) | Filed against the company by an individual | Pending |
Full case history
All 16 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.
MSME Payment Delays by Ayush Procon Private Limited
Ayush Procon Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 21 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indotex Equipments Vc50 | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Spark Irrigation Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ayush Procon Private Limited
Ayush Procon Private Limited has a workforce of 39 employees as of Apr 04, 2024.
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.
Recent Activity on Ayush Procon Private Limited
Ayush Procon Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Siddharth Rajan was appointed as Director on 01 Jul 2025.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ayush Procon 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.
Subsidiaries & Group Companies of Ayush Procon 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 Ayush Procon Private Limited
Ayush Procon has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCA7139M1Z5 | Gujarat | Active | 14 Apr 2018 |
| 09AAQCA7139M1ZX | Uttar Pradesh | Active | 30 Sep 2021 |
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 Ayush Procon 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 Ayush Procon Private Limited
Ayush Procon is an active private limited company based in Gandhidham, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 27 March 2018 (8+ years old) and is registered under CIN U45200GJ2018PTC101537.
Ayush Procon reported revenue of ₹83.55 Cr for FY 2024 (down 18% YoY).
Ayush Procon has 2 current directors:
- Dayal Rajan - Director
- Siddharth Rajan - Director
Ayush Procon reported a net loss of ₹8.82 Lakh (net margin -0.1%) and EBITDA of ₹8.28 Cr (EBITDA margin 9.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ayush Procon is -19% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ayush Procon is 24AAQCA7139M1Z5, registered in Gujarat. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAQCA7139M1ZX (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ayush Procon is U45200GJ2018PTC101537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayush Procon has 16 court cases on record: 1 filed by the company and 13 filed against it. 7 are pending.
Ayush Procon was incorporated on 27 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ayush Procon has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2024.
The peers of Ayush Procon by revenue are Tirumala Highways Private Limited, Calcatta-Haldia Port Road Company Limited, GR Galgalia Bahadurganj Highway Private Limited, Shri Aruna Constructions Private Limited, Dewas Ujjain Highway Private Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Siddharth Rajan was appointed as Director on 01 Jul 2025. Yuvraj Rajan ceased to be Director on 01 Jul 2025. Somesh Kalyansinh Rathod ceased to be Director on 10 Sep 2023. Ayush Procon has 8 board changes on record in total.