Heritage Infraspace (India) Limited

Heritage Infraspace (India) Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U45202GJ2011PLC064833 Incorporated 07 April 2011 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹238.4 Cr
▲ 1% YoY
Net profit · FY 2025
₹38.1 Cr
Net margin 16%
EBITDA · FY 2025
₹90.9 Cr
EBITDA margin 38.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.43 Cr
Issued & subscribed
Open charges
₹271.54 Cr
Satisfied ₹21.97 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
634
Provident fund records

About Heritage Infraspace (India) Limited

Data last updated:

Heritage Infraspace (India) Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 April 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45202GJ2011PLC064833. Its GSTIN is 24AACCH6390R1ZZ (Gujarat). The company holds 9 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.43 Cr. It is led by directors including Gagan Puri Goswami and Pawan Kumar Murarka.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹238.4 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹38.1 Cr (net margin 16%) and EBITDA of ₹90.9 Cr (EBITDA margin 38.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 29% over five years.

The company has about 634 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹271.54 Cr and satisfied charges of ₹21.97 Cr on record. Court records list 24 cases involving the company, including 4 filed by the company and 20 filed against it; 13 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹62.14 Cr; the latest was in August 2025.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heritageconstruction.in.

Company details

CIN U45202GJ2011PLC064833
Registration Number 064833
Incorporation Date 07 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Heritage Infraspace (India) has one previous CIN (Corporate Identification Number): U45202GJ2011PTC064833. The current CIN is U45202GJ2011PLC064833, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45202GJ2011PLC064833Current
U45202GJ2011PTC064833Previous

Contact details

Heritage Infraspace (India) Limited's registered office is in Ahmedabad, Gujarat. Its website is heritageconstruction.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    First Floor – 109 To 113, Anam – I Near Jmc House Opposite Parimal Garden, Ahmedabad, Gujarat, India – 380006
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Heritage Infraspace (India) Limited, buy the company report.

Comprehensive company report
Heritage Infraspace (India) Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Heritage Infraspace (India) is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities

To see the full business activity and turnover split of Heritage Infraspace (India) Limited, buy the company report.

Financials of Heritage Infraspace (India) Limited

FY 2025 filings available

Heritage Infraspace (India) Limited reported revenue of ₹238.4 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹238.4 Cr ▲ 1%
Net profit · FY 2025
₹38.1 Cr margin 16%
EBITDA · FY 2025
₹90.9 Cr margin 38.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 15%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 46%
5 years · compounded
▲ 61%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 1% growth in the latest year. EBITDA rose 31% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹90.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹38.1 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin38.1%
Net Profit Margin16%
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 Heritage Infraspace (India) Limited, buy the company report.

Board of directors of Heritage Infraspace (India) Limited

Heritage Infraspace (India) has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gagan Puri GoswamiDirector01 May 201313 Years 6 MonthsCurrent
Pranil ChakrabortyAdditional Director19 Aug 20233 Years 2 MonthsCurrent
Pramod KumarAdditional Director01 Apr 20242 Years 7 MonthsCurrent
Manan Rajendra ParikhAdditional Director01 Apr 20242 Years 7 MonthsCurrent
Pawan Kumar MurarkaDirector01 Apr 20242 Years 7 MonthsCurrent
Rekha Gagan Puri GoswamiDirector07 Apr 201115 Years 6 MonthsCurrent

Auditor

Heritage Infraspace (India) Limited is audited by PUSHPENDRA B SHAH AND ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
PUSHPENDRA B SHAH AND ASSOCIATESFY 2021115145W

Shareholding

The shareholding of Heritage Infraspace (India) Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Heritage Infraspace (India) Limited, buy the company report.

Charges & borrowings

Open charges
₹271.54 Cr
Satisfied charges
₹21.97 Cr
Breakdown by lending institutions
Others₹122.28 Cr
Axis Bank Limited₹44.02 Cr
Tata Capital Financial Services Limited₹34.69 Cr
Yes Bank Limited₹22.32 Cr
Hdfc Bank Limited₹22.22 Cr
Others₹26.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jan 2025101051727Others₹5.99 CrOpen
23 Oct 2024100999154State Bank of India₹22 CrOpen
24 Jul 2024100963207Others₹1.16 CrOpen
28 Jun 2024100962773Axis Bank Limited₹74.82 LakhOpen
24 Jun 2024100964390Others₹7.67 CrOpen

To see the full charge records of Heritage Infraspace (India) Limited, buy the company report.

Total charge records: 97 View all charges

Deals & funding

Heritage Infraspace (India) Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹62.14 Cr; the latest was in August 2025.

Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹62.14 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Aug 2025Funding round₹10.41 CrInvestors: Abhay Bharatkumar Shah HUF, 3 individuals
Oct 2024Funding round₹51.73 CrInvestors: Bhupesh Kumar Lodha Sons Huf, 3 individuals
Mar 2014Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Heritage Infraspace (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Heritage Infraspace (India) Limited has a workforce of 634 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
634
Active EPFO establishments
1
Employee growth
-1.25%

GST

Heritage Infraspace (India) has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
7
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AACCH6390R1ZZGujaratActive01 Jul 2017
07AACCH6390R1ZVDelhiActive02 Aug 2018
33AACCH6390R1Z0Tamil NaduActive18 Mar 2020
06AACCH6390R1ZXHaryanaActive09 Jun 2020

To see the full GST registrations and return filing status of Heritage Infraspace (India) Limited, buy the company report.

Recent activity

Heritage Infraspace (India) Limited has 8 board changes on record since 2011: 6 appointments and 2 cessations. The latest: Rakesh Yagnesh Bhatt ceased to be CFO on 02 May 2024.

AGM
Heritage Infraspace (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Heritage Infraspace (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 5.99 Cr with Charge ID 101051727 was registered on 28 Jan 2025.
Charges
A charge registered on 01 Aug 2022 via Charge ID 100606354 with Hdfc Bank Limited was fully satisfied on 02 Jan 2025.
Charges
A charge with State Bank Of India amounted to Rs. 22.00 Cr with Charge ID 100999154 was registered on 23 Oct 2024.
Charges
A charge with Others amounted to Rs. 1.16 Cr with Charge ID 100963207 was registered on 24 Jul 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100962773 was registered on 28 Jun 2024.
Charges
A charge with Axis Bank Limited of Rs. 4.35 Cr registered on 24 Apr 2024 with Charge ID 100928180 was modified on 28 Jun 2024.
Charges
A charge with Others amounted to Rs. 7.67 Cr with Charge ID 100964390 was registered on 24 Jun 2024.
Ceased
Rakesh Yagnesh Bhatt ceased to be CFO.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.35 Cr with Charge ID 100928180 was registered on 24 Apr 2024.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100923493 was registered on 17 Apr 2024.

110 earlier events are in the company report.

Frequently asked questions

Heritage Infraspace (India) is an active public limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 April 2011 (15+ years old) and is registered under CIN U45202GJ2011PLC064833.

Heritage Infraspace (India) has 6 current directors:

The latest financial statements of Heritage Infraspace (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Heritage Infraspace (India) is 24AACCH6390R1ZZ, registered in Gujarat. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 07AACCH6390R1ZV (Delhi), 33AACCH6390R1Z0 (Tamil Nadu), 06AACCH6390R1ZX (Haryana).

The CIN (Corporate Identification Number) of Heritage Infraspace (India) is U45202GJ2011PLC064833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Heritage Infraspace (India) has 24 court cases on record: 4 filed by the company and 20 filed against it. 13 are pending. Most are in the district courts.

Heritage Infraspace (India) was incorporated on 07 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Heritage Infraspace (India) has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹62.14 Cr; the latest was in August 2025.

Rakesh Yagnesh Bhatt ceased to be CFO on 02 May 2024. Manan Rajendra Parikh was appointed as Additional Director on 01 Apr 2024. Pawan Kumar Murarka was appointed as Director on 01 Apr 2024. Heritage Infraspace (India) has 8 board changes on record in total.

Heritage Infraspace (India) can be reached through the website heritageconstruction.in. Its registered office is in Ahmedabad, Gujarat, India.