Madhav (Aaron Sindh Road) Private Limited - Company Profile

It is a infrastructure and utilities private limited company based in Vadodara, Gujarat, India, established in 2020.

2020 Vadodara, Gujarat, India Active

Last Updated: February 06, 2026

About Madhav (Aaron Sindh Road) Private Limited

Madhav (Aaron Sindh Road) Private Limited, a active private limited company, was established on 27 May 2020 in Vadodara, Gujarat, India. Engaging in road & bridge construction within the construction sector, it holds CIN: U45309GJ2020PTC113680. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹9.57 Cr.

Its leadership includes Ashok Khurana Madhavdas (Director), Amit Khurana Ashok (Director). It holds ₹34.00 Cr open charges and ₹25.00 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2024. It is based at Tf-04, Madhav House Nr. Panchratna Building, Shubhanpura, Vadodara, Gujarat, 390023.

Company Details

CIN/LLPIN
U45309GJ2020PTC113680
Registration Number
113680
Incorporation Date
27 May 2020
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹9.57 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 06-02-2026
Paid Up Capital ₹ 9.57 Cr as on 06-02-2026
Company Age 5 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 34.00 Cr as on 06-02-2026
Satisfied Charges ₹ 25.00 Cr as on 06-02-2026
Revenue Growth **** -44.02% (FY 2023)
Profit Growth **** 14.61% (FY 2023)
Ebitda **** 974.49% (FY 2023)
Net Worth -17.31% (FY 2023)
Total Assets **** 31.63% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Madhav (Aaron Sindh Road) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Madhav (Aaron Sindh Road) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashok Khurana Madhavdas	Director	27 May 2020	Current
Amit Khurana Ashok	Director	27 May 2020	Current

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Financial Performance of Madhav (Aaron Sindh Road).

Madhav (Aaron Sindh Road) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.02% decrease. The company also saw a substantial improvement in profitability, with a 14.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.31%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-44.02%

*******

Revenue from Operations

*******

-44.07%

*******

Total Assets

*******

31.63%

*******

Profit or Loss

*******

14.61%

*******

Net Worth

*******

-17.31%

*******

EBITDA

*******

974.49%

*******

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What is the Ownership and Shareholding Structure of Madhav (Aaron Sindh Road)?

In 2022, Madhav (Aaron Sindh Road) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹340,000,000.00

Satisfied Charges

₹250,000,000.00

Charges Breakdown by Lending Institutions

Others : 34.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Sep 2024	Others	₹34.00 Cr	Open
08 Jan 2021	Sbicap Trustee Company Limited	₹25.00 Cr	Satisfied

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How Many Employees Work at Madhav (Aaron Sindh Road)?

Unlock and access historical data on people associated with Madhav (Aaron Sindh Road), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Madhav (Aaron Sindh Road)

Recent Activity within the Organization

Annual General Meeting

Progress on Madhav (Aaron Sindh Road) Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was documented.
24 Sep 2025
Charges

A charge registered on 08 Jan 2021 via Charge ID 100403841 with Sbicap Trustee Company Limited was fully satisfied on 20 Feb 2025. was recorded as a recent event.
20 Feb 2025
Charges

The activity A charge with Others amounted to Rs. 34.00 Cr with Charge ID 100982946 was registered on 10 Sep 2024. was completed.
10 Sep 2024
Balance Sheet

Progress on Madhav (Aaron Sindh Road) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.
31 Mar 2024
Charges

The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 25.00 Cr with Charge ID 100403841 was registered on 08 Jan 2021. was completed.
08 Jan 2021
Director Appointment

Progress on Ashok Khurana Madhavdas was appointed as a Director was appointed as a Director on 27 May 2020 & has been associated with this company since 5 years 9 months . was documented.
27 May 2020

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