About Toscano Infrastructure Private Limited
Data last updated:
Toscano Infrastructure Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 14 August 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2007PTC173122. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.97 Lakh. It was led by directors Umesh Chhabildas Mehta and Ajay Pratap Ashar.
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 was at 11th Floor Ashar IT Park, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.1 Cr (net margin 65.4%) and EBITDA of ₹49.16 Cr (EBITDA margin 97.2%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 1% over five years.
Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹43.6 Cr on record. Court records list 20 cases involving the company, including 9 filed by the company and 11 filed against it; 4 cases are pending. The company has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.85 Cr; the latest was in March 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is toscano.in.
Company details
Contact details
Toscano Infrastructure Private Limited's registered office is in Thane, Maharashtra. Its website is toscano.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11th Floor Ashar IT Park Road No – 16Z Wagle Industrial Estate Agriculture Bus Stop, India, Thane, Maharashtra, India – 400604
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Toscano Infrastructure 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 Toscano Infrastructure is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Toscano Infrastructure Private Limited, buy the company report.
Financials of Toscano Infrastructure Private Limited
FY 2024 filings availableToscano Infrastructure Private Limited reported revenue of ₹50.58 Cr (up 183% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 183% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 195% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹49.16 Cr | ||||
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| Net Profit (PAT) | ₹33.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.2% | ||||
| Net Profit Margin | 65.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Toscano Infrastructure Private Limited, buy the company report.
Board of directors of Toscano Infrastructure Private Limited
Toscano Infrastructure has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Chhabildas Mehta Also directs: Modella Textile Industries Limited, Kryshnajay Developers Private Limited, Ashar Yashayu Developers Private Limited and 4 more | Director | 21 Nov 2015 | 10 Years 11 Months | As last reported |
| Ajay Pratap Ashar Also directs: Modella Textile Industries Limited, Shelter Realty Private Limited, Kryshnajay Developers Private Limited and 2 more | Director | 03 Dec 2022 | 3 Years 11 Months | As last reported |
Auditor
Toscano Infrastructure Private Limited is audited by Nitin Maru & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nitin Maru & Associates | FY 2023 | 114022W |
Shareholding
The shareholding of Toscano Infrastructure 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Toscano Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2021 | 100530849 | Tjsb Sahakari Bank Limited | ₹11 Cr | Satisfied | |
| 06 Sep 2017 | 100158211 | Tjsb Sahakari Bank Limited | ₹10.6 Cr | Satisfied | |
| 28 Jan 2013 | 10406209 | Tjsb Sahakari Bank Limited | ₹12 Cr | Satisfied | |
| 23 Sep 2009 | 10183277 | Yes Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Toscano Infrastructure Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Toscano Infrastructure Private Limited has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.85 Cr; the latest was in March 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pratap J Ashar HUF, 3 individuals |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Gajgamini Marketing Private Limited , Virat Vintrade Private Limited , Amardhan Mercantile Private Limited Seller: Oshin Investments & Finance Limited, Stocknet International Ltd , Fast Stone Trading Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Ashar Developers Private Limited Seller: Ashar Builders Private Limited |
| Dec 2008 | Funding round | ₹5.21 Cr | Investors: Artilligence Bio-Innovations Limited, Oshin Investments & Finance Limited, Virtue Infrastructures Private Limited |
| Jul 2008 | Funding round | ₹52 Lakh | Investors: Ashar Construction Private Limited , 3 individuals |
To see the full deal history of Toscano Infrastructure Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Toscano Infrastructure Private Limited has 20 court cases on record: 9 filed by Toscano Infrastructure, 11 filed against it. 4 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 6 | 2 |
| High courts | 6 | 4 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by Ultratech Cement Ltd. | Pending |
| District court, Thane, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by Pavan Green Bio Technologies Ltd Through Santosh Ramrao Belkune | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Mr. Girish Nalavade Representative of Other Homebuyers of Modella Textile Industries Limited and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Kapstone Constructions Pvt. Ltd. THR. Mohammed Javed Shaikh | Disposed |
| District court, Thane, Maharashtra | Commercial suit | Filed by the company against individuals | Pending |
To see the full case history of Toscano Infrastructure 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
Toscano Infrastructure Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A. N. Ramani & Co. |
To see the full MSME payment records of Toscano Infrastructure Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Toscano Infrastructure has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Toscano Infracon Private Limited | U45201MH2008PTC182328 |
To see the full group structure of Toscano Infrastructure Private Limited, buy the company report.
GST
Toscano Infrastructure has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Toscano Infrastructure Private Limited, buy the company report.
Recent activity
Toscano Infrastructure Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Seema Ashwin Jobanputra ceased to be Director on 19 Dec 2022.
8 earlier events are in the company report.
Frequently asked questions
Toscano Infrastructure has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Toscano Infrastructure was a private limited company based in Thane, Maharashtra, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 14 August 2007 and is registered under CIN U45203MH2007PTC173122. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Toscano Infrastructure was incorporated on 14 August 2007. It is registered with the Registrar of Companies, Mumbai.
Toscano Infrastructure had 2 directors:
- Umesh Chhabildas Mehta - Director
- Ajay Pratap Ashar - Director
The CIN (Corporate Identification Number) of Toscano Infrastructure is U45203MH2007PTC173122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Toscano Infrastructure is at 11th Floor Ashar IT Park Road No – 16Z Wagle Industrial Estate Agriculture Bus Stop, India, Thane, Maharashtra, India – 400604.
Toscano Infrastructure can be reached through the website toscano.in. Its registered office is in Thane, Maharashtra, India.
The latest financial statements of Toscano Infrastructure 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.
No. Toscano Infrastructure has 1 GST registration on record and it is cancelled or inactive.
Toscano Infrastructure operated in the infrastructure and utilities industry, in the general construction services segment.
Toscano Infrastructure has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.85 Cr; the latest was in March 2024.
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