
About Takshashila Projects Private Limited
Data last updated:
Takshashila Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 May 2014.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2014PTC079566.
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Trinetri Metro Conpro Private Limited. It is led by directors including Janak Jagjivan Shah (Irp/Rp/Liquidator) and Kamleshbhai Keshavbhai Gondalia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.51 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹19.9 Lakh (net margin 13.2%) and EBITDA of ₹97.38 Lakh (EBITDA margin 64.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
The last known website on record is takshashilaair.com.
Company details
Contact details
Takshashila Projects Private Limited's registered office is in Ahmedabad, Gujarat. Its website is takshashilaair.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address560 Silver Arc – 'B' Open Plot Nr. Ashima House Town Hall Madalpur Ellisbridge, India, Ahmedabad, Gujarat, India – 380006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Takshashila Projects 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 Takshashila Projects Private Limited
FY 2023 filings availableTakshashila Projects Private Limited reported revenue of ₹1.51 Cr (down 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 9% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.9 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64.4% | ||||
| Net Profit Margin | 13.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Takshashila Projects Private Limited, buy the company report.
Board of directors of Takshashila Projects Private Limited
Takshashila Projects has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janak Jagjivan Shah | Irp/Rp/Liquidator | 09 Aug 2024 | 2 Years 2 Months | As last reported |
| Kamleshbhai Keshavbhai Gondalia Also directs: Takshashila Corporation LLP, Raghav Conpro LLP, Takshashila House Developers LLP and 5 more | Director | 21 May 2014 | 12 Years 5 Months | As last reported |
| Diptiben Kamleshbhai Gondalia | Director | 23 May 2016 | 10 Years 5 Months | As last reported |
Peer comparison
Takshashila Projects Private 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 |
|---|---|---|---|---|---|---|
| Memas Ventures Private Limited | ₹1.51 Cr (FY 2023) | 181.0% | Srinagar, Jammu and Kashmir, India | |||
| Ranka Developers Private Limited | ₹1.51 Cr (FY 2025) | -60.0% | Bangalore, Karnataka, India | |||
| Esteem Constructions Private Limited | ₹1.51 Cr (FY 2025) | -87.0% | Ahmedabad, Gujarat, India | |||
| Woodside Developments Private Limited | ₹1.51 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Kingbird Realty Private Limited | ₹1.51 Cr (FY 2023) | 47.0% | Vapi, Gujarat, India | |||
| Takshashila Projects Private Limitedthis company | ₹1.51 Cr (FY 2023) | ₹19.9 Lakh | 13.2% | -13.0% | Ahmedabad, Gujarat, India | |
| Lichen Builders and Developers Private Limited | ₹1.51 Cr (FY 2024) | -4.0% | Maradu, Kerala, India | |||
| M.G.Constructions Private Limited | ₹1.51 Cr (FY 2025) | -62.0% | Nawabganj, Uttar Pradesh, India | |||
| Angney Lal Infrastructure Private Limited | ₹1.51 Cr (FY 2018) | 2742.0% | Lucknow, Uttar Pradesh, India | |||
| Natraj Developers Private Limited | ₹1.51 Cr (FY 2024) | 49.0% | Jajpur Road, Odisha, India | |||
| Dhara Realtech Private Limited | ₹1.51 Cr (FY 2025) | 3.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Takshashila Projects Private Limited, buy the company report.
Auditor
Takshashila Projects Private Limited is audited by NITINKUMARVASANTBHAIAGRAWAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITINKUMARVASANTBHAIAGRAWAL | FY 2023 | 154317 |
Shareholding
The shareholding of Takshashila Projects Private Limited 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 Takshashila Projects Private Limited, buy the company report.
Legal cases
Takshashila Projects Private Limited has 5 court cases on record: 2 filed by Takshashila Projects, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Elate Investment and Holdings Pvt Ltd Through Pawan Kumar Murarka | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
To see the full case history of Takshashila Projects 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 Takshashila Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Takshashila Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Takshashila Projects Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Janak Jagjivan Shah was appointed as Irp/Rp/Liquidator on 09 Aug 2024.
Frequently asked questions
Takshashila Projects is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Takshashila Projects is a company under insolvency, formerly operating as a 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 21 May 2014 and is registered under CIN U45200GJ2014PTC079566. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Takshashila Projects has 3 current directors:
- Kamleshbhai Keshavbhai Gondalia - Director
- Diptiben Kamleshbhai Gondalia - Director
- Janak Jagjivan Shah - Irp/Rp/Liquidator
The latest financial statements of Takshashila Projects on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Takshashila Projects is U45200GJ2014PTC079566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Takshashila Projects has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Takshashila Projects was incorporated on 21 May 2014. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Takshashila Projects by revenue are Memas Ventures Private Limited, Ranka Developers Private Limited, Esteem Constructions Private Limited, Woodside Developments Private Limited, Kingbird Realty Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Janak Jagjivan Shah was appointed as Irp/Rp/Liquidator on 09 Aug 2024. Diptiben Kamleshbhai Gondalia ceased to be Additional Director on 21 Sep 2016. Diptiben Kamleshbhai Gondalia was appointed as Director on 23 May 2016. Takshashila Projects has 5 board changes on record in total.
Takshashila Projects can be reached through the website takshashilaair.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Takshashila Projects is at 560 Silver Arc – B Open Plot Nr. Ashima House Town Hall Madalpur Ellisbridge, India, Ahmedabad, Gujarat, India – 380006.

