Ashirvad

Bengaluru, India Founded: 1998 • Age: 28 yrs Acquired By Aliaxis
PVC and CPVC piping systems are manufactured for plumbing applications.
Annual revenue $547.0M Latest available
Total funding - Funding intelligence
Employees 2629 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Ashirvad

Ashirvad is a company based in Bengaluru (India) founded in 1998 by Vikas Poddar was acquired by Aliaxis in March 2013. The company has 2,629 employees as of April 04, 2024. Ashirvad offers products and services including CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes. Ashirvad operates in a competitive market with competitors including Aliaxis, Uponor, Atkore, Astral Poly Technik and Charlotte Pipe and Foundry, among others.

  • Headquarter Bengaluru, India
  • Employees 2629 as on 04 Apr, 2024
  • Founders Vikas Poddar
  • Sectors
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ashirvad Pipes Private Limited
  • Date of Incorporation 18 Feb, 1997
  • Jurisdiction Anekal, Karnataka, India
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $546.97 M (USD)
    0.58
    as on Mar 31, 2023
  • Net Profit
    $10.64 M (USD)
    -82.82
    as on Mar 31, 2023
  • EBITDA
    $39.49 M (USD)
    -59.45
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    2629

    as on Apr 04, 2024

  • Acquired by
    Aliaxis

    (Mar 01, 2013)

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Products & Services of Ashirvad

Ashirvad offers a comprehensive portfolio of products and services, including CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes.

Product name locked
Category locked
Primary

Pipes for hot and cold water applications in buildings

Product name locked
Category locked
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Pipes for potable cold water and drainage systems

Product name locked
Category locked
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Pipes for water transmission in agriculture and infrastructure

Product name locked
Category locked
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Pipes for soil, waste, and rainwater management

People of Ashirvad

Headcount 1000-5000
Employee Profiles 2
Employee Profiles
People
Govind Dhami
GM - Operations Finance
People
Sudeep Agrawal
Chief Financial Officer

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Teams

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Funding Insights of Ashirvad

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Detailed funding history for Ashirvad

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Investors in Ashirvad

Ashirvad has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aliaxis.

All
Institutional
Investor Description Founded Year Domain Location
Piping systems are designed, manufactured, and distributed for multiple sectors.
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Investor details for Ashirvad

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Investments & Acquisitions by Ashirvad

Investments
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Investment portfolio details for Ashirvad

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Financial Statements - Ashirvad

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Detailed financials for Ashirvad

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Ashirvad Comparisons

Ashirvad Primary company
Description
PVC and CPVC piping systems are manufactured for plumbing ap...
Location
Bengaluru, India
Founded Year
1998
Annual Revenue
$546.97 M (USD)
Net Profit
$10.64 M (USD)
EBITDA
$39.49 M (USD)
Employees
2,629
As of 2024
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Peer comparison for Ashirvad

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Competitors of Ashirvad

Ashirvad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aliaxis, Uponor, Atkore, Astral Poly Technik and Charlotte Pipe and Foundry, among others.

Company Name Domain Founded year HQ Location Description
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Piping systems are designed, manufactured, and distributed for multiple sectors.
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Heating, cooling, plumbing, and infrastructure solutions are provided globally.
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Manufacturer of cable wires
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PVC pipes are manufactured for plumbing and drainage applications.
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Manufactures pipe and fittings for plumbing markets worldwide.
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Vectus is recognized as a leading manufacturer of water storage solutions in India.
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Detailed competitors of Ashirvad

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Latest news on Ashirvad

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Complete news archive for Ashirvad

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Frequently Asked Questions about Ashirvad

Ashirvad was founded in 1998.

Ashirvad is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

As of Apr 04, 2024, the latest employee count at Ashirvad is 2,629.

Annual revenue of Ashirvad is $546.97M as on Mar 31, 2023.

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, Aliaxis and Uponor.

Ashirvad offers CPVC Pipes, UPVC Pipes, HDPE Pipes, and SWR Pipes.

Ashirvad has 1 investor. Key investors include Aliaxis.

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