
Thrive Infracon Private Limited
About Thrive Infracon Private Limited
Data last updated:
Thrive Infracon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 18 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45203GJ2013PTC077957.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhavna Ashvinbhai Patel and Kusum Sanjaykumar Jagani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor 606 Hir Asha Square S P Ring Road Bhadaj Circle Bhadaj, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.28 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹4,516 (net margin -2%) and EBITDA of ₹47,158 (EBITDA margin 20.6%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Thrive Infracon Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6th Floor 606 Hir Asha Square S P Ring Road Bhadaj Circle Bhadaj, Ahmedabad, Gujarat, India – 380059
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Thrive Infracon 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
Business activity
The main business activity of Thrive Infracon is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Thrive Infracon Private Limited, buy the company report.
Financials of Thrive Infracon Private Limited
FY 2025 filings availableThrive Infracon Private Limited reported revenue of ₹2.28 Lakh (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 57% fall in the latest year. EBITDA fell 49% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹47,158 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4,516 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | -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 | |||||
| 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 Thrive Infracon Private Limited, buy the company report.
Board of directors of Thrive Infracon Private Limited
Thrive Infracon has 9 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Ashvinbhai Patel | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
| Kusum Sanjaykumar Jagani | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
| Nalini Alpesh Patel | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
| Nayana Kansagra Pragji | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
| Rajeshwari Jagdish Patel | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
| Nayna Maheshkumar Aghara | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Thrive Infracon Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Safaljeevan Realtech (I) Limited | ₹2.29 Lakh (FY 2019) | -68.0% | Bareilly, Uttar Pradesh, India | |||
| Sona Shanthi Developers P Ltd | ₹2.29 Lakh (FY 2024) | 17.0% | Tamil Nadu, India | |||
| Shreebalaji Concast Unit-Ii Private Limited | ₹2.29 Lakh (FY 2025) | -77.0% | Aligarh, Uttar Pradesh, India | |||
| Sunidhi Enclaves Private Limited | ₹2.29 Lakh (FY 2025) | -92.0% | Kolkata, West Bengal, India | |||
| B and G Consultants Private Ltd. | ₹2.29 Lakh (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Thrive Infracon Private Limitedthis company | ₹2.28 Lakh (FY 2025) | -₹4,516 | -2% | -57.0% | Ahmedabad, Gujarat, India | |
| Tallman Infrastructures Private Limited | ₹2.28 Lakh (FY 2025) | -92.0% | Hyderabad, Telangana, India | |||
| Vijeta Textrade Pvt Ltd | ₹2.28 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Padamrag Properties Pvt.Ltd. | ₹2.28 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| T. C. G. Habitat Private Limited | ₹2.28 Lakh (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Myfamily Home Builder Private Limited | ₹2.28 Lakh (FY 2021) | Mumbai, Maharashtra, India |
To see the full peer comparison of Thrive Infracon Private Limited, buy the company report.
Auditor
Thrive Infracon Private Limited is audited by SAURABH R THAKKAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAURABH R THAKKAR & CO | FY 2017 | 131087W |
Shareholding
The shareholding of Thrive Infracon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thrive Infracon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thrive Infracon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thrive Infracon 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 Thrive Infracon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thrive Infracon Private Limited has 10 board changes on record since 2013: 9 appointments and 1 cessation. The latest: Sejal Kamlesh Raval ceased to be Director on 06 Mar 2015.
1 earlier event is in the company report.
Frequently asked questions
Thrive Infracon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 18 December 2013 (13+ years old) and is registered under CIN U45203GJ2013PTC077957.
Thrive Infracon has 9 current directors:
- Bhavna Ashvinbhai Patel - Director
- Kusum Sanjaykumar Jagani - Director
- Nalini Alpesh Patel - Director
- Nayana Kansagra Pragji - Director
- Rajeshwari Jagdish Patel - Director
- Nayna Maheshkumar Aghara - Director
- Hinaben Maheshkumar Jakhaniya - Director
- Vaishali Rupesh Dhruv - Director
- Shilpaben Piyushkumar Shah - Director
The latest financial statements of Thrive Infracon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Thrive Infracon is U45203GJ2013PTC077957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thrive Infracon was incorporated on 18 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Thrive Infracon by revenue are Safaljeevan Realtech (I) Limited, Sona Shanthi Developers P Ltd, Shreebalaji Concast Unit-Ii Private Limited, Sunidhi Enclaves Private Limited, B and G Consultants Private Ltd. and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Sejal Kamlesh Raval ceased to be Director on 06 Mar 2015. Bhavna Ashvinbhai Patel was appointed as Director on 18 Dec 2013. Hinaben Maheshkumar Jakhaniya was appointed as Director on 18 Dec 2013. Thrive Infracon has 10 board changes on record in total.
The registered office of Thrive Infracon is at 6th Floor 606 Hir Asha Square S P Ring Road Bhadaj Circle Bhadaj, Ahmedabad, Gujarat, India – 380059.
Thrive Infracon operates in the real estate industry, in the real estate leasing segment.
The compliance status of Thrive Infracon is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
Thrive Infracon can be reached at its registered office: 6th Floor 606 Hir Asha Square S P Ring Road Bhadaj Circle Bhadaj, Ahmedabad, Gujarat, India – 380059.