Ashitech Equipments Private Limited

Manufactures road construction machinery and equipment for asphalt paving and mixing.

2006 | Mahesana, Gujarat (India) | Active
Last Updated: November 10, 2024

Ashitech Equipments Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.09 M
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.79 Cr
  • Revenue Growth 17.01%
  • Profit Growth 39.54%
  • Ebitda 31.84%
  • Net Worth 31.41%
  • Total Assets 29.76%

About Ashitech Equipments

Ashitech Equipments Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 September 2006 and has a history of 18 years and four months. Its registered office is in Mahesana, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 2.09 M.

The company currently has active open charges totaling ₹14.79 Cr.

Bharatkumar Patel, Manilal Patel, Minaxiben Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29248GJ2006PTC049051

  • Company No.

    049051

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2006

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Ashitech Equipments Private Limited offer?

Ashitech Equipments Private Limited offers a wide range of products and services, including Asphalt Road Equipment, Asphalt Batch Mix Plant, Asphalt Drum Mixing Plant, Drum Mix Plant, Asphalt Hot Mix Plant, Road Sweeper Machines, Hydraulic Broomer, Road Construction Machine, Wet Mix Macadam Plant, Bag Filter.

Who are the key members and board of directors at Ashitech Equipments?

Board Members (5)

NameDesignationAppointment DateStatus
Bharatkumar Patel Country flag representing In Director 17-Sep-2006Current
Manilal Patel Country flag representing In Director 07-Sep-2006Current
Minaxiben Patel Country flag representing In Director 15-Feb-2011Current
Vatsal Patel Country flag representing In Director 10-Oct-2016Current
Akshat Patel Country flag representing In Director 15-Jun-2021Current

Financial Performance of Ashitech Equipments.

Ashitech Equipments Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 17.01% increase. The company also saw a substantial improvement in profitability, with a 39.54% increase in profit. The company's net worth Soared by an impressive increase of 31.41%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.01%
Revenue from Operations
16.94%
Total Assets
29.76%
Profit or Loss
39.54%
Net Worth
31.41%
EBITDA
31.84%

What is the Ownership and Shareholding Structure of Ashitech Equipments?

In 2024, Ashitech Equipments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹147.89 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 14.40 Cr
  • Others : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2024Others₹3.89 MOpen
27 Jan 2023Hdfc Bank Limited₹4.42 CrOpen
09 Nov 2021Hdfc Bank Limited₹9.98 CrOpen

How Many Employees Work at Ashitech Equipments?

Ashitech Equipments has a workforce of 37 employees as of Nov 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashitech Equipments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ashitech Equipments's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ashitech Equipments

Recent activity within the organization

  • Annual General Meeting

    Ashitech Equipments Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 3.89 M with Charge ID 100919819 was registered on 30 Apr 2024.

    30 Apr 2024

  • Balance Sheet

    Ashitech Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 99.80 M registered on 09 Nov 2021 with Charge ID 100502562 was modified on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 44.20 M registered on 27 Jan 2023 with Charge ID 100681913 was modified on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 44.20 M with Charge ID 100681913 was registered on 27 Jan 2023.

    27 Jan 2023

Frequently asked questions

  • Ashitech Equipments Private Limited was incorporated on 07 Sep 2006.

  • The authorized share capital of Ashitech Equipments Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.09 M.

  • Currently 5 directors are associated with Ashitech Equipments Private Limited.

    • Bharatkumar Manilal Patel
    • Manilal Prabhudas Patel
    • Minaxiben Bharatbhai Patel
    • Vatsal Bharatkumar Patel
    • Akshat Bharatkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashitech Equipments Private Limited is 14 Gidc Phase - Ii, Dediyasan India, Mehsana, Gujarat, 384002.

  • The corporate identification number (CIN) of Ashitech Equipments Private Limited is U29248GJ2006PTC049051 and the company number is 049051 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashitech Equipments Private Limited is https://www.ashitech.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Ashitech Equipments Private Limited has risen by 17.01%.

  • As Per 2024 financial reports, 37 employees are currently employed by Ashitech Equipments Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Ashitech Equipments Private Limited has experienced an upsurge of 31.41%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Ashitech Equipments Private Limited amount to ₹ 14.79 Cr.

  • The most recent Balance Sheet for Ashitech Equipments Private Limited was filed with the ROC on 31 Mar 2024.

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