- #655 Ashokkumar Haridas Lal ₹4,900 Cr

Krishnaraj Buildcon Private Limited
About Krishnaraj Buildcon Private Limited
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Krishnaraj Buildcon Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 25 April 1997 and has been in existence for over 29 years.
Its director Ashokkumar Haridas Lal is #655 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1997PTC032182. Its GSTIN is 24AAACK8872F1ZG (Gujarat).
The company has an authorised share capital of ₹5.5 Lakh and a paid-up capital of ₹5.5 Lakh. It is led by directors including Ashokkumar Lal and Bharat Kanjibhai Modi.
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 Grain Market Khand Bazar, Jamnagar, Gujarat, India – 361001.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.78 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 20.2%) and EBITDA of ₹5.07 Cr (EBITDA margin 36.8%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 80% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹164.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Krishnaraj Buildcon
Contact details
Krishnaraj Buildcon Private Limited's registered office is in Jamnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGrain Market Khand Bazar, Jamnagar, Gujarat, India – 361001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Krishnaraj Buildcon 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
Business activity
The main business activity of Krishnaraj Buildcon is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Krishnaraj Buildcon Private Limited, buy the company report.
Financials of Krishnaraj Buildcon Private Limited
FY 2025 filings availableKrishnaraj Buildcon Private Limited reported revenue of ₹13.78 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 11% growth in the latest year. EBITDA fell 6% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.07 Cr | ||||
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| Net Profit (PAT) | ₹2.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 36.8% | ||||
| Net Profit Margin | 20.2% | ||||
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To see the full financial statements and ratios of Krishnaraj Buildcon Private Limited, buy the company report.
Board of directors of Krishnaraj Buildcon Private Limited
Krishnaraj Buildcon has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokkumar Lal Also directs: Shreeji Shipping Global Limited, Shreeji Nuravi Coal Mining and Trading Private Limited, Shreeji Tastes Private Limited and 5 more | Director | 26 Jan 2022 | 4 Years 8 Months | Current |
| Bharat Kanjibhai Modi | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Krishnaraj Jitendra Lal | Director | 26 Jan 2022 | 4 Years 8 Months | Current |
| Jitendrakumar Haridas Lal Also directs: Shreeji Shipping Global Limited, Shreeji Nuravi Coal Mining and Trading Private Limited, Shreeji Tastes Private Limited and 5 more | Director | 26 Jan 2022 | 4 Years 8 Months | Current |
Peer comparison
Krishnaraj Buildcon Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| T and D Trading Private Limited | ₹13.84 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Shimona Hotels Private Limited | ₹13.82 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| K.G. Recreational and Tourist Centre Private Limited | ₹13.82 Cr (FY 2024) | 211.0% | Jaipur, Rajasthan, India | |||
| Krishnaraj Buildcon Private Limitedthis company | ₹13.78 Cr (FY 2024) | ₹2.78 Cr | 20.2% | 11.0% | 84 | Jamnagar, Gujarat, India |
| Rockland Hotels Limited | ₹13.73 Cr (FY 2025) | -4.0% | Delhi, India | |||
| Wamika Hospitality Private Limited | ₹13.69 Cr (FY 2018) | -10.0% | New Delhi, Delhi, India | |||
| Bell Hotels Pvt Ltd | ₹13.67 Cr (FY 2024) | 5.0% | Puducherry, India |
To see the full peer comparison of Krishnaraj Buildcon Private Limited, buy the company report.
Auditor
Krishnaraj Buildcon Private Limited is audited by SARDA & SARDA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARDA & SARDA | FY 2022 | 109264W |
Shareholding
The shareholding of Krishnaraj Buildcon Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krishnaraj Buildcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 May 2025 | 101095009 | Others | ₹45.5 Cr | Open | |
| 19 May 2023 | 100733816 | Others | ₹11.71 Cr | Open | |
| 22 Oct 2021 | 100500781 | Hdfc Bank Limited | ₹9.05 Lakh | Open | |
| 25 Mar 2021 | 100435423 | Others | ₹107 Cr | Open |
To see the full charge records of Krishnaraj Buildcon Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Krishnaraj Buildcon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Krishnaraj Buildcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Krishnaraj Buildcon Private Limited has a workforce of 84 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Krishnaraj Buildcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACK8872F1ZG | Gujarat | Active | 13 Sep 2017 |
To see the full GST registrations and return filing status of Krishnaraj Buildcon Private Limited, buy the company report.
Recent activity
Krishnaraj Buildcon Private Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Sanjay Rasiklal Chatwani ceased to be Director on 17 Jan 2023.
2 earlier events are in the company report.
Frequently asked questions
Krishnaraj Buildcon is an active private limited company based in Jamnagar, Gujarat, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 25 April 1997 (29+ years old) and is registered under CIN U45201GJ1997PTC032182.
Krishnaraj Buildcon has 4 current directors:
- Ashokkumar Lal - Director
- Bharat Kanjibhai Modi - Director
- Krishnaraj Jitendra Lal - Director
- Jitendrakumar Haridas Lal - Director
The latest financial statements of Krishnaraj Buildcon 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 Krishnaraj Buildcon is 24AAACK8872F1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Krishnaraj Buildcon is U45201GJ1997PTC032182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishnaraj Buildcon was incorporated on 25 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Krishnaraj Buildcon by revenue are T and D Trading Private Limited, Shimona Hotels Private Limited, K.G. Recreational and Tourist Centre Private Limited, Rockland Hotels Limited, Wamika Hospitality Private Limited and 1 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Sanjay Rasiklal Chatwani ceased to be Director on 17 Jan 2023. Ashokkumar Lal was appointed as Director on 26 Jan 2022. Jitendrakumar Haridas Lal was appointed as Director on 26 Jan 2022. Krishnaraj Buildcon has 6 board changes on record in total.
The registered office of Krishnaraj Buildcon is at Grain Market Khand Bazar, Jamnagar, Gujarat, India – 361001.
Krishnaraj Buildcon operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Krishnaraj Buildcon has open charges of ₹164.3 Cr and no satisfied charges on record as per latest MCA filings.