Tassos Construction Private Limited

Tassos Construction Private Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U45309GJ2019PTC111252 Incorporated 06 December 2019 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company infrastructure and utilities MSME · Medium
Data last updated
Revenue · FY 2024
₹51.91 Cr
▼ 51% YoY
Net profit · FY 2024
₹71.02 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹8.02 Cr
EBITDA margin 15.5%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.58 Cr
Issued & subscribed
Open charges
₹53.23 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
4
Provident fund records

About Tassos Construction Private Limited

Data last updated:

Tassos Construction Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 December 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45309GJ2019PTC111252. Its GSTIN is 24AAHCT6419L1Z0 (Gujarat). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.58 Cr. It is led by directors Namankumar Kanubhai Trapsia and Vishal Muljibhai Pansara.

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 Ahmedabad, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹51.91 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹71.02 Lakh (net margin 1.4%) and EBITDA of ₹8.02 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹53.23 Cr on record.

Tassos Construction Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0199416). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U45309GJ2019PTC111252
Registration Number 111252
Incorporation Date 06 December 2019
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-01-0199416

Recognitions & Rankings of Tassos Construction

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0199416

Contact details

Tassos Construction Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    5th Floor Sanskruti Building, Opposite Satyam Square Behind Rajpath Club Bodakdev, Ahmedabad, Gujarat, India – 380054
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Tassos Construction Private Limited, buy the company report.

Comprehensive company report
Tassos Construction 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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Secure checkout · GST invoice included

Business activity

The main business activity of Tassos Construction 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 Tassos Construction Private Limited, buy the company report.

Financials of Tassos Construction Private Limited

FY 2024 filings available

Tassos Construction Private Limited reported revenue of ₹51.91 Cr (down 51% YoY) for FY 2024.

Revenue · FY 2024
₹51.91 Cr ▼ 51%
Net profit · FY 2024
₹71.02 Lakh margin 1.4%
EBITDA · FY 2024
₹8.02 Cr margin 15.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 69%

Revenue fell 51% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 29%. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹8.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹71.02 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15.5%
Net Profit Margin1.4%
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 Tassos Construction Private Limited, buy the company report.

Board of directors of Tassos Construction Private Limited

Tassos Construction has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Namankumar Kanubhai TrapsiaDirector06 Dec 20196 Years 10 MonthsCurrent
Vishal Muljibhai PansaraDirector01 Mar 20233 Years 7 MonthsCurrent

Peer comparison

Tassos Construction Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Renown Infrastructure Private Limited₹52.14 Cr (FY 2024)2811.0%Gwalior, Madhya Pradesh, India
Paceinfracon Private Limited₹52.11 Cr (FY 2025)10.0%Mohali, Punjab, India
Seguro Foundations and Structures Private Limited₹52 Cr (FY 2018)-59.0%Ernakulam, Kerala, India
Tassos Construction Private Limitedthis company₹51.91 Cr (FY 2024)₹71.02 Lakh1.4%-51.0%4Ahmedabad, Gujarat, India
Rabina Enterprises Private Limited₹51.9 Cr (FY 2025)141.0%Jalandhar, Punjab, India
Lakshmi Infra Buildcon Private Limited₹51.85 Cr (FY 2025)22.0%New Delhi, Delhi, India

To see the full peer comparison of Tassos Construction Private Limited, buy the company report.

Auditor

Tassos Construction Private Limited is audited by M S D P & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M S D P & COFY 2023131484W

Shareholding

The shareholding of Tassos Construction Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

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

To see the full shareholding pattern of Tassos Construction Private Limited, buy the company report.

Charges & borrowings

Open charges
₹53.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹50.00 Cr
Axis Bank Limited₹3.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Dec 2024101024371Axis Bank Limited₹21.3 LakhOpen
22 Nov 2022100647357Axis Bank Limited₹1.99 CrOpen
30 Apr 2022100566510Axis Bank Limited₹1.03 CrOpen
01 Jan 2021100410736Others₹50 CrOpen

To see the full charge records of Tassos Construction Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tassos Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Tassos Construction Private Limited has a workforce of 4 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-20%

GST

Tassos Construction has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
24AAHCT6419L1Z0GujaratActive03 Jan 2020
24AAHCT6419L2ZZGujaratActive25 Mar 2025
10AAHCT6419L1Z9BiharActive28 Mar 2020
18AAHCT6419L1ZTAssamActive19 Dec 2024

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

Recent activity

Tassos Construction Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Sajjad Mohammedhusain Noorani ceased to be Additional Director on 28 Mar 2025.

Ceased
Sajjad Mohammedhusain Noorani ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101024371 was registered on 19 Dec 2024.
Charges
A charge with Others of Rs. 50.00 Cr registered on 01 Jan 2021 with Charge ID 100410736 was modified on 08 Oct 2024.
AGM
Tassos Construction Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tassos Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Jigarbhai Pravinbhai Vaghasiya ceased to be Additional Director.
Appointed
Vishal Muljibhai Pansara was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.99 Cr with Charge ID 100647357 was registered on 22 Nov 2022.
Ceased
Naresh Premjibhai Kevadiya ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.03 Cr with Charge ID 100566510 was registered on 30 Apr 2022.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100410736 was registered on 01 Jan 2021.
Appointed
Namankumar Kanubhai Trapsia was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Tassos Construction is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 December 2019 (7+ years old) and is registered under CIN U45309GJ2019PTC111252.

Tassos Construction has 2 current directors:

The latest financial statements of Tassos Construction 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 FY 2020 are in the company report.

The GSTIN of Tassos Construction is 24AAHCT6419L1Z0, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AAHCT6419L2ZZ (Gujarat), 10AAHCT6419L1Z9 (Bihar), 18AAHCT6419L1ZT (Assam).

The CIN (Corporate Identification Number) of Tassos Construction is U45309GJ2019PTC111252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tassos Construction was incorporated on 06 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Tassos Construction by revenue are Renown Infrastructure Private Limited, Paceinfracon Private Limited, Seguro Foundations and Structures Private Limited, Rabina Enterprises Private Limited, Lakshmi Infra Buildcon Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).

Sajjad Mohammedhusain Noorani ceased to be Additional Director on 28 Mar 2025. Jigarbhai Pravinbhai Vaghasiya ceased to be Additional Director on 01 Mar 2023. Vishal Muljibhai Pansara was appointed as Director on 01 Mar 2023. Tassos Construction has 5 board changes on record in total.

Yes, Tassos Construction is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0199416).

The registered office of Tassos Construction is at 5th Floor Sanskruti Building, Opposite Satyam Square Behind Rajpath Club Bodakdev, Ahmedabad, Gujarat, India – 380054.

Tassos Construction operates in the infrastructure and utilities industry, in the general construction services segment.