Azinova Constructions Private Limited
About Azinova Constructions Private Limited
Data last updated:
Azinova Constructions Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate financing segment of the financial services sector. It was incorporated on 18 January 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2016PTC272144.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jayesh Natvarlal Sanghrajka (Irp/Rp/Liquidator) and Amar Arun Vajrekar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Shop No. Ff19 Hdil Harmony Mall Goregaon Link Road Goregaon (West), Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2018, the company reported a revenue of ₹89.06 Lakh. For the same year it recorded a net loss of ₹2.6 Cr (net margin -292.3%) and EBITDA of -₹2.6 Cr (EBITDA margin -292.3%).
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Company details
Contact details
Azinova Constructions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. Ff19 Hdil Harmony Mall Goregaon Link Road Goregaon (West), Mumbai, Maharashtra, India – 400104
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Azinova Constructions 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 Azinova Constructions Private Limited
FY 2017 filings availableAzinova Constructions Private Limited reported revenue of ₹89.06 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹89.06 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.6 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.6 Cr | ||
| 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 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -292.3% | ||
| Net Profit Margin | -292.3% | ||
| 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 Azinova Constructions Private Limited, buy the company report.
Board of directors of Azinova Constructions Private Limited
Azinova Constructions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Arun Vajrekar Also directs: Sahana Constructions Private Limited, Pawansut Dwellers Private Limited, Skylark Build Dwellers Private Limited and 1 more | Additional Director | 01 Nov 2019 | 7 Years 0 Months | As last reported |
| Jayesh Natvarlal Sanghrajka Also directs: Jayesh Sanghrajka & Co. LLP, Algol Computers Training LLP, Optimo Realty LLP and 3 more | Irp/Rp/Liquidator | 11 May 2023 | 3 Years 6 Months | As last reported |
| Aniruddha Ramesh Sargade Also directs: Sahana Constructions Private Limited, Pawansut Dwellers Private Limited, Skylark Build Dwellers Private Limited and 1 more | Additional Director | 01 Nov 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Azinova Constructions Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gogia Buildwell and Contractors Private Limited | ₹89.1 Lakh (FY 2025) | 316.0% | Delhi, India | |||
| Suncity Dream Homes Private Limited | ₹89.09 Lakh (FY 2024) | 167.0% | Kankroli, Rajasthan, India | |||
| Arsons Exim Private Limited | ₹89.08 Lakh (FY 2024) | 14.0% | Ranchi, Jharkhand, India | |||
| Bahubali Projects Private Limited | ₹89.08 Lakh (FY 2025) | -9.0% | Gurgaon, Haryana, India | |||
| Solace Hotels and Hospitality Services Private Limited | ₹89.07 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Azinova Constructions Private Limitedthis company | ₹89.06 Lakh (FY 2018) | -₹2.6 Cr | -292.3% | Mumbai, Maharashtra, India | ||
| Dia Promoters Private Limited | ₹89.05 Lakh (FY 2025) | Delhi, India | ||||
| Shivkamal Realtors Private Limited | ₹89.04 Lakh (FY 2025) | Delhi, India | ||||
| Advantage Vinimay Private Limited | ₹89.03 Lakh (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| Delphi Properties Private Limited | ₹89.03 Lakh (FY 2025) | -75.0% | Mumbai, Maharashtra, India | |||
| Achharya Builders Private Limited | ₹89.03 Lakh (FY 2025) | -66.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Azinova Constructions Private Limited, buy the company report.
Auditor
Azinova Constructions Private Limited is audited by THAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAR & CO | FY 2018 | 110958W |
Shareholding
The shareholding of Azinova Constructions Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Azinova Constructions Private Limited, buy the company report.
Legal cases
Azinova Constructions Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by O3 Developers Private Limited Through Its Director Pradipkumar Vegada | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
To see the full case history of Azinova Constructions 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 Azinova Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Azinova Constructions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Azinova Constructions Private Limited has 10 board changes on record since 2016: 3 appointments and 7 cessations. The latest: Jayesh Natvarlal Sanghrajka was appointed as Irp/Rp/Liquidator on 11 May 2023.
1 earlier event is in the company report.
Frequently asked questions
Azinova Constructions is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Azinova Constructions is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 18 January 2016 and is registered under CIN U70102MH2016PTC272144. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Azinova Constructions has 3 current directors:
- Amar Arun Vajrekar - Additional Director
- Aniruddha Ramesh Sargade - Additional Director
- Jayesh Natvarlal Sanghrajka - Irp/Rp/Liquidator
The latest financial statements of Azinova Constructions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Azinova Constructions is U70102MH2016PTC272144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azinova Constructions has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the district courts.
Azinova Constructions was incorporated on 18 January 2016. It is registered with the Registrar of Companies, Mumbai.
The peers of Azinova Constructions by revenue are Gogia Buildwell and Contractors Private Limited, Suncity Dream Homes Private Limited, Arsons Exim Private Limited, Bahubali Projects Private Limited, Solace Hotels and Hospitality Services Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Jayesh Natvarlal Sanghrajka was appointed as Irp/Rp/Liquidator on 11 May 2023. Aniruddha Ramesh Sargade ceased to be Additional Director on 05 Oct 2020. Amar Arun Vajrekar ceased to be Additional Director on 30 Sep 2020. Azinova Constructions has 10 board changes on record in total.
The registered office of Azinova Constructions is at Shop No. Ff19 Hdil Harmony Mall Goregaon Link Road Goregaon West, Mumbai, Maharashtra, India – 400104.
Azinova Constructions operates in the financial services industry, in the real estate financing segment.
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