About Asha Real Estates & Developers Pvt Ltd
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Asha Real Estates & Developers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2002PTC095262. Its GSTIN is 19AAECA4266F1ZP (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.43 Cr. It is led by directors Madhabi Saha and Ashim Saha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 163 Rabindra Sarani2Nd Floor Room No 210, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.49 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹78.86 Lakh (net margin 17.6%) and EBITDA of ₹1.39 Cr (EBITDA margin 31%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.5 Cr and satisfied charges of ₹2 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashareal.in.
Company details
Contact details
Asha Real Estates & Developers Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is ashareal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address163 Rabindra Sarani2Nd Floor Room No 210, Kolkata, West Bengal, India – 700007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Asha Real Estates & Developers Pvt Ltd, 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 Asha Real Estates & Developers is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Asha Real Estates & Developers Pvt Ltd, buy the company report.
Financials of Asha Real Estates & Developers Pvt Ltd
FY 2024 filings availableAsha Real Estates & Developers Pvt Ltd reported revenue of ₹4.49 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 17% fall in the latest year. EBITDA fell 29% 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 | ₹1.39 Cr | ||||
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| Net Profit (PAT) | ₹78.86 Lakh | ||||
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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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| EBITDA Margin | 31% | ||||
| Net Profit Margin | 17.6% | ||||
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To see the full financial statements and ratios of Asha Real Estates & Developers Pvt Ltd, buy the company report.
Board of directors of Asha Real Estates & Developers Pvt Ltd
Asha Real Estates & Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhabi Saha | Director | 08 Oct 2002 | 24 Years 1 Months | Current |
| Ashim Saha | Director | 08 Oct 2002 | 24 Years 1 Months | Current |
Auditor
Asha Real Estates & Developers Pvt Ltd is audited by R.MAHAJAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.MAHAJAN & CO. | FY 2023 | 031818E |
Shareholding
The shareholding of Asha Real Estates & Developers Pvt Ltd 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 Asha Real Estates & Developers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101173138 | Idbi Bank Limited | ₹1.8 Cr | Open | |
| 08 Jan 2025 | 101092417 | Idbi Bank Limited | ₹19.7 Lakh | Open | |
| 15 Feb 2023 | 100699194 | Idbi Bank Limited | ₹1.5 Cr | Open | |
| 27 Mar 2015 | 10613718 | Idbi Bank Limited | ₹3 Cr | Open | |
| 07 Nov 2015 | 10605287 | Allahabad Bank | ₹2 Cr | Satisfied |
To see the full charge records of Asha Real Estates & Developers Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Asha Real Estates & Developers Pvt Ltd has 6 court cases on record: 3 filed by Asha Real Estates & Developers, 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by M/S Debdip Rubber Works Pvt. Ltd. | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| Calcutta High Court | Court case (CO) | Filed by the company against The Commissioner Bidhannagar Municipal Corporation and Ors | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Revision petition | Filed by the company against an individual | Disposed |
To see the full case history of Asha Real Estates & Developers Pvt Ltd, 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 Asha Real Estates & Developers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asha Real Estates & Developers Pvt Ltd has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Asha Real Estates & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECA4266F1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asha Real Estates & Developers Pvt Ltd, buy the company report.
Recent activity
Asha Real Estates & Developers Pvt Ltd has 2 board changes on record since 2002: 2 appointments. The latest: Ashim Saha was appointed as Director on 08 Oct 2002.
Frequently asked questions
Asha Real Estates & Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 October 2002 (24+ years old) and is registered under CIN U45201WB2002PTC095262.
Asha Real Estates & Developers has 2 current directors:
- Madhabi Saha - Director
- Ashim Saha - Director
The latest financial statements of Asha Real Estates & Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Asha Real Estates & Developers is 19AAECA4266F1ZP, registered in West Bengal.
The CIN (Corporate Identification Number) of Asha Real Estates & Developers is U45201WB2002PTC095262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Real Estates & Developers has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Asha Real Estates & Developers was incorporated on 08 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
Ashim Saha was appointed as Director on 08 Oct 2002. Madhabi Saha was appointed as Director on 08 Oct 2002.
Asha Real Estates & Developers can be reached through the website ashareal.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Asha Real Estates & Developers is at 163 Rabindra Sarani2Nd Floor Room No 210, Kolkata, West Bengal, India – 700007.
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