About Ardor Structures Private Limited
Data last updated:
Ardor Structures Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2009PTC057769. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹117.01 Cr. It is led by directors Parthiv Jawaharbhai Shah and Devangbhai Kantilal Shah.
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 MCA filings, the company has open charges of ₹754.15 Cr and satisfied charges of ₹113.76 Cr on record. Court records list 26 cases involving the company, including 1 filed by the company and 25 filed against it; 4 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹117 Cr; the latest was in March 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ardor-group.com.
Company details
Contact details
Ardor Structures Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ardor-group.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressG – 201, Titanium City Centre Nr. Sachin Tower 100 Ft Anand Nagar Road, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ardor Structures 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
Financials of Ardor Structures Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Ardor Structures Private Limited, buy the company report.
Board of directors of Ardor Structures Private Limited
Ardor Structures has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthiv Jawaharbhai Shah Also directs: Jayco Synthetics Pvt Ltd, Ardor Chemicals Private Limited, Ardor Overseas Private Limited and 1 more | Director | 20 Jan 2014 | 12 Years 9 Months | Current |
| Devangbhai Kantilal Shah Also directs: Jayco Synthetics Pvt Ltd, Ardor Chemicals Private Limited, Ardor Overseas Private Limited and 1 more | Director | 01 Apr 2014 | 12 Years 6 Months | Current |
Auditor
Ardor Structures Private Limited is audited by BRIJ SHAH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRIJ SHAH & ASSOCIATES | FY 2021 | 142587W |
Shareholding
The shareholding of Ardor Structures Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ardor Structures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2013 | 10435725 | Pnb Investment Service Ltd - Sec Trustee of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc | ₹375 Cr | Open | |
| 14 Sep 2011 | 10309841 | State Bank of India | ₹62.81 Cr | Open | |
| 04 Mar 2010 | 10205843 | Pnb Investment Service Ltd - Sec Trustee of Boi Consortium Boi - Sbi - Axis - Obc - Sbbj - Cbi -Rnsb | ₹316.34 Cr | Open | |
| 11 May 2011 | 10286473 | State Bank of India | ₹63.76 Cr | Satisfied | |
| 13 Oct 2010 | 10246682 | Union Bank of India | ₹50 Cr | Satisfied |
To see the full charge records of Ardor Structures Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ardor Structures Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹117 Cr; the latest was in March 2015.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: S & H Global Private Limited, Orpit Global Trade Private Limited Seller: Orpit Global Trade Private Limited , Sammath Global Trade Private Limited |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Ardor Structures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ardor Structures Private Limited has 26 court cases on record: 1 filed by Ardor Structures, 25 filed against it. 4 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 24 | 4 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Addor Realty Private Limited and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Addor Realty Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CBI CC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CBI CC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Pending |
To see the full case history of Ardor Structures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ardor Structures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ardor Structures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ardor Structures Private Limited, buy the company report.
Recent activity
Ardor Structures Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Devangbhai Kantilal Shah ceased to be Additional Director on 26 Sep 2014.
8 earlier events are in the company report.
Frequently asked questions
Ardor Structures is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 August 2009 (17+ years old) and is registered under CIN U45201GJ2009PTC057769.
Ardor Structures has 2 current directors:
- Parthiv Jawaharbhai Shah - Director
- Devangbhai Kantilal Shah - Director
The latest financial statements of Ardor Structures 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.
No. Ardor Structures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ardor Structures is U45201GJ2009PTC057769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ardor Structures has 26 court cases on record: 1 filed by the company and 25 filed against it. 4 are pending. Most are in the district courts.
Ardor Structures was incorporated on 12 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ardor Structures has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹117 Cr; the latest was in March 2015.
Devangbhai Kantilal Shah ceased to be Additional Director on 26 Sep 2014. Parthiv Jawaharbhai Shah ceased to be Additional Director on 26 Sep 2014. Jawahar Rasiklal Shah ceased to be Additional Director on 09 Apr 2014. Ardor Structures has 7 board changes on record in total.
Ardor Structures can be reached through the website ardor-group.com. Its registered office is in Ahmedabad, Gujarat, India.