About Ashirvad
Ashirvad is a Real Estate & Construction company based in Bengaluru (India) founded in 1998 by Vikas Poddar, and was acquired by Aliaxis in March 2013. PVC and CPVC piping systems are manufactured for plumbing applications. The company has 2,629 employees. Its website ashirvad.com draws about 31 thousand monthly visits. Its Indian entity Ashirvad Pipes Private Limited reported revenue of ₹4,570 Cr. Ashirvad offers products and services including CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Pipes & Plumbing. Its competitors include Astral Poly Technik, Vectus and Apollo Pipes; 1 of its 3 listed competitors has raised funding.
Company details
Ashirvad was established in 1998 in Bengaluru, India, as a manufacturer in the plastics sector. PVC and CPVC piping systems are produced for plumbing and industrial uses. Operations are centered on fabrication and distribution of these materials. The company is led by directors including co-founder Vikas Poddar and managing directors Sunil Banthiya and Partha Basu. Focus remains on domestic markets with standard compliance in production processes.
- Headquarters Bengaluru, India
- Employees 2,629
- Founders Vikas Poddar
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website ashirvad.com
- Social LinkedIn X Facebook Instagram
- Acquired by Aliaxis (Mar 2013)
- Legal Name Ashirvad Pipes Private Limited
- Date of Incorporation 18 Feb, 1997
- Jurisdiction Anekal, Karnataka, India
Associated legal entities of Ashirvad
Ashirvad is associated with 2 registered companies on The Company Check; the primary company is Ashirvad Pipes Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ashirvad Pipes Private Limited CIN U85110KA1997PTC021831 | Active | 18 Feb 1997 | Anekal, Karnataka | ₹4,570 Cr | 2,629 | 6 | View details |
| Aashirwad Industries Private Limited CIN U45100PN2009PTC148904 | Active | 20 Nov 2009 | Pune, Maharashtra | ₹0.2 Cr | 4 | View details |
Products & Services of Ashirvad
Ashirvad offers a comprehensive portfolio of products and services, including CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes.
Pipes for hot and cold water applications in buildings
Pipes for potable cold water and drainage systems
Pipes for water transmission in agriculture and infrastructure
Pipes for soil, waste, and rainwater management
Investors in Ashirvad
Ashirvad has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aliaxis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Piping systems are designed, manufactured, and distributed for multiple sectors. | 2003 | aliaxis.com | Brussels, Belgium |
Investor details for Ashirvad
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ashirvad Pipes Private Limited (Ashirvad)
Ashirvad Pipes Private Limited is the primary company behind Ashirvad. The boards of the 2 registered companies of Ashirvad currently have 8 directors; the longest-serving is Rahul Ramdas Tupe, appointed in 2010. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Ramdas Tupe DIN 02385069 | Whole-time director | 16 Jul 2010 | 16 yrs 3 mo | Aashirwad Industries Private Limited |
| Karan Rahul Tupe DIN 07524035 | Director | 01 Aug 2016 | 10 yrs 3 mo | Aashirwad Industries Private Limited |
| Sticker Koen Jozef A DIN 08785774 | Director | 09 Jul 2020 | 6 yrs 3 mo | Ashirvad Pipes Private Limited |
| Thierry Florent J Vanlancker DIN 10704573 | Director | 02 Aug 2024 | 2 yrs 3 mo | Ashirvad Pipes Private Limited |
| Partha Sarathi Basu DIN 01855577 | Managing Director | 10 Sep 2024 | 2 yrs 1 mo | Ashirvad Pipes Private Limited |
| Anil Tomar DIN 10770373 | Director | 10 Sep 2024 | 2 yrs 1 mo | Ashirvad Pipes Private Limited |
| Manuj Garg DIN 07746978 | Director | 10 Dec 2024 | 1 yr 10 mo | Aashirwad Industries Private Limited |
| Saloni Aggarwal DIN 10271076 | Director | 10 Dec 2024 | 1 yr 10 mo | Aashirwad Industries Private Limited |
People of Ashirvad
5 people are tracked at Ashirvad (4 in leadership, 1 in team); the tracked headcount is 2,629.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Sunil Banthiya | Managing Director | Leadership |
| Managing Director | Leadership | |
Sudeep Agrawal | Chief Financial Officer | Leadership |
Govind Dhami | GM - Operations Finance | Team |
Complete people profiles for Ashirvad
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ashirvad
Figures of Ashirvad Pipes Private Limited, the primary company behind Ashirvad, for FY 2025. Revenue was ₹4,570 Cr (-4% year on year). Net profit was ₹28.24 Cr (1% margin). EBITDA was ₹251 Cr (5% margin). Revenue has grown at a compounded annual rate of 0% over three years and +9% over five years.
- ₹4,570 CrRevenue · FY 2025 · -4% YoY
- ₹28.24 CrNet profit · 1% margin
- ₹251 CrEBITDA · 5% margin
- ₹4.41 CrPaid-up capital
- 2,629Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ashirvad Pipes Private Limited are on its company page.
Detailed financial statements for Ashirvad
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ashirvad
2 dated milestones of Ashirvad across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Ashirvad is founded.
- Exit Acquired by Aliaxis.
Competitors of Ashirvad
Ashirvad has 3 listed competitors in our database, 1 of them funded. They include Astral Poly Technik, Vectus and Apollo Pipes.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| astralpipes.com | 1999 | Ahmedabad, India | 3,330 | PVC pipes are manufactured for plumbing and drainage applications. | ||
| vectus.in | 1989 | Noida, India | $16.7M | 485 | Vectus is recognized as a leading manufacturer of water storage solutions in India. | |
| apollopipes.com | 1985 | Noida, India | 639 | Manufacturer of PVC pipes, fittings, and bathroom fixtures |
Detailed competitors of Ashirvad
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ashirvad
The website of Ashirvad (ashirvad.com) receives about 30.9K visits a month.
- Monthly visits30.9K
▼ 12.9% vs previous month
Websites whose visitors overlap most with Ashirvad. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| finolexpipes.com | 100% | 44.1K | #646,025 | View details | |
| astralpipes.com | 92% | 66.1K | #462,499 | View details | |
| jains.com | 90% | 67K | #504,442 | View details | |
| princepipes.com | 90% | 23.7K | #1,150,563 | View details | |
| apollopipes.com | 89% | 21.2K | #1,080,053 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for Ashirvad
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 36 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Building Materials
3 companies that operate in the same segment as Ashirvad (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 11,790 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ashirvad
Complete news archive for Ashirvad
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashirvad
Ashirvad was founded in 1998.
Ashirvad is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ashirvad has 2,629 employees.
The primary company behind Ashirvad, Ashirvad Pipes Private Limited, reported revenue of ₹4,570 Cr for FY 2025, down 4% year on year.
Ashirvad was established in 1998 in Bengaluru, India, as a manufacturer in the plastics sector. PVC and CPVC piping systems are produced for plumbing and industrial uses. Operations are centered on fabrication and distribution of these materials. The company is led by directors including co-founder Vikas Poddar and managing directors Sunil Banthiya and Partha Basu. Focus remains on domestic markets with standard compliance in production processes.
Ashirvad's top competitors include Vectus, Astral Poly Technik and Apollo Pipes.
Ashirvad offers CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes.
Ashirvad has 1 investor. Key investors include Aliaxis.
Ashirvad is associated with 2 legal entities: Ashirvad Pipes Private Limited, Aashirwad Industries Private Limited.
Yes. Ashirvad was acquired by Aliaxis in March 2013.
The legal entities of Ashirvad currently have 10 directors, including Partha Sarathi Basu, Sticker Koen Jozef A, Sudeep Agrawal and others.