Ashish Infracon Private Limited

Ashish Infracon Private Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U45100GJ2010PTC062372 Incorporated 21 September 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company infrastructure and utilities MSME · Medium
Data last updated
Revenue · FY 2025
₹109.69 Cr
▼ 17% YoY
Net profit · FY 2025
₹2.82 Cr
Net margin 2.6%
EBITDA · FY 2025
₹11.5 Cr
EBITDA margin 10.5%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹60.14 Lakh
Issued & subscribed
Open charges
₹194.44 Cr
Satisfied ₹32.54 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
27
Provident fund records

About Ashish Infracon Private Limited

Data last updated:

Ashish Infracon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 21 September 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45100GJ2010PTC062372. Its GSTIN is 24AAICA8405C1Z3 (Gujarat). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹60.14 Lakh. It is led by directors Anandiben Ashokbhai Patel and Ashish Ashokbhai Patel.

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 602 Indraprasth Corporate Opp. Venus Atlantis Prahladnagar, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2025, the company reported a revenue of ₹109.69 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 2.6%) and EBITDA of ₹11.5 Cr (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.

The company has about 27 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹194.44 Cr and satisfied charges of ₹32.54 Cr on record. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it; 7 cases are pending. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹14.95 Cr; the latest was in March 2022. Its 8 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 4 smaller; the largest is S.P.C.Infrastructure Private Limited with revenue of ₹110.95 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 8 overdue payments to 8 micro and small suppliers.

Ashish Infracon Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0028390). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashishinfracon.com.

Company details

CIN U45100GJ2010PTC062372
Registration Number 062372
Incorporation Date 21 September 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0028390

CIN history

Ashish Infracon has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45100GJ2010PTC062372, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45100GJ2010PTC062372Current
U74110GJ2010PTC062372Previous
U45200GJ2010PTC062372Previous
Key People
Anandiben Ashokbhai Patel Director Ashish Ashokbhai Patel Director

Recognitions & Rankings of Ashish Infracon

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0028390

Contact details

Ashish Infracon Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ashishinfracon.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ashishinfracon.com
  • Registered Address
    602 Indraprasth Corporate Opp. Venus Atlantis Prahladnagar, Ahmedabad, Gujarat, India – 380015
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of Ashish Infracon Private Limited, buy the company report.

Comprehensive company report
Ashish Infracon Private 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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Business activity

The main business activity of Ashish Infracon is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of Ashish Infracon Private Limited, buy the company report.

Financials of Ashish Infracon Private Limited

FY 2024 filings available

Ashish Infracon Private Limited reported revenue of ₹109.69 Cr (down 17% YoY) for FY 2025.

Revenue · FY 2025
₹109.69 Cr ▼ 17%
Net profit · FY 2025
₹2.82 Cr margin 2.6%
EBITDA · FY 2025
₹11.5 Cr margin 10.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 16%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 2%

Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 17% fall in the latest year. EBITDA rose 2% 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₹11.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.82 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 Margin10.5%
Net Profit Margin2.6%
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 Ashish Infracon Private Limited, buy the company report.

Board of directors of Ashish Infracon Private Limited

Ashish Infracon has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Anandiben Ashokbhai PatelDirector21 Sep 201016 Years 1 MonthsCurrent
Ashish Ashokbhai Patel
Also directs: Nirman Syntex Private Limited, Sahaj Project Private Limited, Nirmal Infracon Private Limited and 2 more
Director21 Sep 201016 Years 1 MonthsCurrent
View all directors

Peer comparison

Ashish Infracon Private Limited is compared with the 8 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
S.P.C.Infrastructure Private Limited₹110.95 Cr (FY 2024)-21.0%Jaipur, Rajasthan, India
Jainco Enterprises Private Limited₹110.37 Cr (FY 2025)-27.0%Kota, Rajasthan, India
Gawar Pathankot Mandi Highway Private Limited₹110.35 Cr (FY 2025)-65.0%Hisar, Haryana, India
Dinesh Kumar Sharma Constructions Private Limited₹110.29 Cr (FY 2024)31.0%Mandi, Himachal Pradesh, India
Ashish Infracon Private Limitedthis company₹109.69 Cr (FY 2025)₹2.82 Cr2.6%-17.0%27Ahmedabad, Gujarat, India
GMR Pochanpalli Expressways Limited.₹109.55 Cr (FY 2025)-5.0%Bangalore, Karnataka, India
Chakur Loha Nanded Highways Private Limited₹109.44 Cr (FY 2025)5529.0%Indore, Madhya Pradesh, India
NKC DH Expressway Private Limited₹109.44 Cr (FY 2025)-18.0%Dwarka, Delhi, India
Girishwara RCL Highways Private Limited₹108.67 Cr (FY 2024)113.0%Mainpuri, Uttar Pradesh, India

To see the full peer comparison of Ashish Infracon Private Limited, buy the company report.

Auditor

Ashish Infracon Private Limited is audited by PRAKASH BHAVSAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRAKASH BHAVSAR & ASSOCIATESFY 2023108272W

Shareholding

The shareholding of Ashish Infracon Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Ashish Infracon Private Limited, buy the company report.

Charges & borrowings

Open charges
₹194.44 Cr
Satisfied charges
₹32.54 Cr
Breakdown by lending institutions
Others₹112.72 Cr
Hdfc Bank Limited₹58.53 Cr
Oriental Bank of Commerce Limited₹11.25 Cr
Axis Bank Limited₹8.09 Cr
Yes Bank Limited₹1.51 Cr
Others₹2.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 2024100980553Axis Bank Limited₹32.4 LakhOpen
31 Mar 2024100912561Hdb Financial Services Limited₹1 CrOpen
17 Feb 2024100883154Others₹1.1 CrOpen
31 Jul 2023100777010Hdfc Bank Limited₹45 CrOpen
29 Jul 2023100762958Axis Bank Limited₹63 LakhOpen

To see the full charge records of Ashish Infracon Private Limited, buy the company report.

Total charge records: 54 View all charges

Deals & funding

Ashish Infracon Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹14.95 Cr; the latest was in March 2022.

Total deals
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹14.95 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2022Rights issue₹7.85 CrInvestors: 2 individuals
Mar 2013Funding round₹78.5 LakhInvestors: 4 individuals
Mar 2012Funding round₹12.12 CrInvestors: 4 individuals
Mar 2011Funding round₹2.04 CrInvestors: 4 individuals

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

Credit ratings & regulatory alerts

Ashish Infracon Private Limited was last rated by Brickwork on 15 Dec 2021.

Rating agencyRated onRating
Brickwork15 Dec 2021

To see the full credit ratings and regulatory alerts of Ashish Infracon Private Limited, buy the company report.

MSME payment delays

Ashish Infracon Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 8 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
an individual supplier
Hetal Trading Corporation
CTM Technical Textiles Limited
Apex Enterprise
an individual supplier

To see the full MSME payment records of Ashish Infracon Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ashish Infracon Private Limited has a workforce of 27 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
-46%

GST

Ashish Infracon has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
24AAICA8405C1Z3GujaratActive01 Jul 2017
23AAICA8405C1Z5Madhya PradeshActive01 Jul 2017
22AAICA8405C1Z7ChattisgarhActive30 Jul 2018
33AAICA8405C1Z4Tamil NaduActive27 Jan 2020

To see the full GST registrations and return filing status of Ashish Infracon Private Limited, buy the company report.

Recent activity

Ashish Infracon Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Anandiben Ashokbhai Patel was appointed as Director on 21 Sep 2010.

Charges
A charge registered on 05 Nov 2020 via Charge ID 100402579 with Hdfc Bank Limited was fully satisfied on 17 Oct 2024.
AGM
Ashish Infracon Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 32.40 Lakh with Charge ID 100980553 was registered on 20 Sep 2024.
Filing
Ashish Infracon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdb Financial Services Limited amounted to Rs. 100.00 Lakh with Charge ID 100912561 was registered on 31 Mar 2024.
Charges
A charge with Others amounted to Rs. 109.88 Lakh with Charge ID 100883154 was registered on 17 Feb 2024.
Charges
A charge registered on 14 Jul 2016 via Charge ID 100060882 with Others was fully satisfied on 31 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4,500.00 Lakh with Charge ID 100777010 was registered on 31 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 63.00 Lakh with Charge ID 100762958 was registered on 29 Jul 2023.
Charges
A charge with Others amounted to Rs. 129.11 Lakh with Charge ID 100771808 was registered on 27 Jul 2023.
Charges
A charge with Others amounted to Rs. 140.13 Lakh with Charge ID 100714690 was registered on 28 Apr 2023.
Charges
A charge with Others of Rs. 9,000.00 Lakh registered on 07 Jan 2020 with Charge ID 100320115 was modified on 07 Dec 2022.

52 earlier events are in the company report.

Frequently asked questions

Ashish Infracon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 21 September 2010 (16+ years old) and is registered under CIN U45100GJ2010PTC062372.

Ashish Infracon has 2 current directors:

The latest financial statements of Ashish Infracon 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 Ashish Infracon is 24AAICA8405C1Z3, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 23AAICA8405C1Z5 (Madhya Pradesh), 22AAICA8405C1Z7 (Chattisgarh), 33AAICA8405C1Z4 (Tamil Nadu).

The CIN (Corporate Identification Number) of Ashish Infracon is U45100GJ2010PTC062372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashish Infracon has 15 court cases on record: 4 filed by the company and 11 filed against it. 7 are pending. Most are in the district courts.

Ashish Infracon was incorporated on 21 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ashish Infracon has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹14.95 Cr; the latest was in March 2022.

The peers of Ashish Infracon by revenue are S.P.C.Infrastructure Private Limited, Jainco Enterprises Private Limited, Gawar Pathankot Mandi Highway Private Limited, Dinesh Kumar Sharma Constructions Private Limited, GMR Pochanpalli Expressways Limited. and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).

Anandiben Ashokbhai Patel was appointed as Director on 21 Sep 2010. Ashish Ashokbhai Patel was appointed as Director on 21 Sep 2010.

Yes, Ashish Infracon is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0028390).

Ashish Infracon has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 8 overdue payments to 8 micro and small suppliers. The latest return was filed on 22 Oct 2021.