About Assotech Limited
Data last updated:
Assotech Limited is a public limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 April 1996.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL1996PLC078063. Its GSTIN is 09AABCA0909N1ZM (Uttar Pradesh). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹33.08 Cr and a paid-up capital of ₹23.66 Cr. It is led by directors including Sanjeev Srivastva (Managing Director) and Rajeev Srivastva (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at 148 – F Pocket – IV Phase – 1 Mayur Vihar, Delhi, India – 110091.
As per the financials filed for FY 2014, the company reported a revenue of ₹191.09 Cr.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Assotech Group. As per MCA filings, the company has open charges of ₹590.22 Cr and satisfied charges of ₹230.82 Cr on record. Court records list 544 cases involving the company, including 43 filed by the company and 502 filed against it; 70 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in August 2014. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is K. Raheja Corporate Services Private Limited with revenue of ₹191.77 Cr.
The last known website on record is assotechlimited.com.
Company details
Contact details
Assotech Limited's registered office is in Delhi, Delhi.
- Social Media
- Registered Address148 – F Pocket – IV Phase – 1 Mayur Vihar, Delhi, India – 110091
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Brands
Assotech operates one associated brand: Assotech Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate developments are offered by Assotech Group in India. | assotechgroup.com |
Financials of Assotech Limited
FY 2014 filings availableAssotech Limited reported revenue of ₹191.09 Cr for FY 2014.
Financial Statement Summary
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To see the full financial statements and ratios of Assotech Limited, buy the company report.
Board of directors of Assotech Limited
Assotech has 10 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Srivastva | Managing Director | 11 Apr 1996 | 30 Years 6 Months | As last reported |
| Rajeev Srivastva Also directs: Doonvalley Technopolis Private Limited, Assotech CP Infrastructure Private Limited, HS Home Solutions Private Limited and 3 more | Whole-Time Director | 11 Apr 1996 | 30 Years 6 Months | As last reported |
| Amitabh Jitendra Chaturvedi | Nominee Director | 21 Oct 2015 | 11 Years 0 Months | As last reported |
| Abhinav Bhushan Also directs: CMRS Projects Private Limited | Nominee Director | 26 Mar 2014 | 12 Years 6 Months | As last reported |
| Sharmil Chandra Bhushan Also directs: Ciol Law Partners LLP | Nominee Director | 21 Oct 2015 | 11 Years 0 Months | As last reported |
| Ajit Sinha Also directs: Investcare Realty LLP, Invest Care Real Estate LLP, Ganges Real Estate Advantage LLP and 5 more | Additional Director | 27 Dec 2013 | 12 Years 9 Months | As last reported |
Peer comparison
Assotech Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K. Raheja Corporate Services Private Limited | ₹191.77 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Akeyem Sons Metal Forms Private Limited | ₹191.66 Cr (FY 2025) | 3832.0% | Chennai, Tamil Nadu, India | |||
| Alekhya Homes Building Systems Private Limited | ₹191.29 Cr (FY 2025) | 62.0% | Hyderabad, Telangana, India | |||
| Prozone Realty Limited | ₹191.22 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Infinity Infotech Parks Limited | ₹191.16 Cr (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Assotech Limitedthis company | ₹191.09 Cr (FY 2014) | Delhi, India | ||||
| Parmeka Private Limited | ₹191.02 Cr (FY 2016) | Mumbai, Maharashtra, India | ||||
| Rishita Developers Private Limited | ₹190.87 Cr (FY 2023) | 59.0% | Lucknow, Uttar Pradesh, India | |||
| Shoden Developers Private Limited | ₹190.49 Cr (FY 2025) | -65.0% | Mumbai, Maharashtra, India | |||
| Akshaya Private Limited | ₹190.46 Cr (FY 2025) | 106.0% | Chennai, Tamil Nadu, India | |||
| Raidurgam Developers Limited | ₹189.71 Cr (FY 2025) | 14.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Assotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2014 | 10565654 | Il & Fs Trust Company Limited | ₹37.5 Cr | Open | |
| 29 Mar 2014 | 10496450 | Idbi Trusteeship Services Limited | ₹45 Cr | Open | |
| 22 Feb 2014 | 10482881 | Axis Bank Limited | ₹38.73 Lakh | Open | |
| 28 Aug 2013 | 10448066 | Axis Bank Limited | ₹40.93 Lakh | Open | |
| 08 Aug 2013 | 10447065 | Idbi Trusteeship Services Limited | ₹90 Cr | Open |
To see the full charge records of Assotech Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Assotech Limited has 3 deals on record (3 secondary share transfers); the latest was in August 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Secondary share transfer | Undisclosed | Seller: IIFL Real Estate Fund (Domestic) Series I |
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: Essel Finance |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: IIFL Real Estate Fund (Domestic) Series I |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Assotech Limited has 544 court cases on record: 43 filed by Assotech, 502 filed against it. 70 cases are pending and 474 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 429 | 418 | 61 |
| High courts | 106 | 78 | 9 |
| Supreme Court | 8 | 5 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 544)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Appeal | Filed against the company by Assotech Limited and Another and 1 other | Pending |
| District court, South, Delhi | Appeal | Filed by the company against M/S Assotech Limited and Ors | Pending |
| District court, South East, Delhi | Arbitration matter | Filed against the company by M/S G.L.Management Services Pvt. Ltd | Disposed |
| District court, South East, Delhi | Court case (T.P. C) | Filed against the company by M/S G.L. Management Services Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Court case (T.P. CRL) | Filed against the company by Century Travels Private Ltd | Disposed |
To see the full case history of Assotech 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 Assotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assotech has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCA0909N1ZM | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Assotech Limited, buy the company report.
Recent activity
Assotech Limited has 23 board changes on record since 1996: 11 appointments and 12 cessations. The latest: Amish Chandrakant Pandya was appointed as Nominee Director on 11 Jan 2016.
70 earlier events are in the company report.
News
Frequently asked questions
Assotech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Assotech is a company under liquidation, formerly operating as a public limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 April 1996 and is registered under CIN U45201DL1996PLC078063. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Assotech has 10 current directors:
- Sanjeev Srivastva - Managing Director
- Rajeev Srivastva - Whole-Time Director
- Manoj Srivastava - Whole-Time Director
- Amitabh Jitendra Chaturvedi - Nominee Director
- Abhinav Bhushan - Nominee Director
- Sharmil Chandra Bhushan - Nominee Director
- Ajit Sinha - Additional Director
- Ravinder Kumar Dogra - Nominee Director
- Amish Chandrakant Pandya - Nominee Director
- Jayaraman Somaskandan - Nominee Director
The latest financial statements of Assotech on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Assotech is U45201DL1996PLC078063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assotech has open charges of ₹590.22 Cr and satisfied charges of ₹230.82 Cr as per latest MCA filings.
Assotech has 544 court cases on record: 43 filed by the company and 502 filed against it. 70 are pending. Most are in the district courts.
Assotech was incorporated on 11 April 1996. It is registered with the Registrar of Companies, Delhi.
Assotech has 3 deals on record (3 secondary share transfers); the latest was in August 2014.
The peers of Assotech by revenue are K. Raheja Corporate Services Private Limited, Akeyem Sons Metal Forms Private Limited, Alekhya Homes Building Systems Private Limited, Prozone Realty Limited, Infinity Infotech Parks Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Amish Chandrakant Pandya was appointed as Nominee Director on 11 Jan 2016. Devki Nandan ceased to be Additional Director on 11 Jan 2016. Amitabh Jitendra Chaturvedi was appointed as Nominee Director on 21 Oct 2015. Assotech has 23 board changes on record in total.