About
Basic Data Updated:
28 days agoAshoka Buildcon Limited, according to its credit rating report, is a company based in Nashik that specializes in undertaking Engineering, Procurement, and Construction (EPC) contracts for the road and power sectors. The BOT (Build Own, Transfer) segment is also a major area of expertise for the company. Recently, the CGD (City Gas Distribution) segment has been added to its portfolio. The group's main focus is on two businesses - EPC projects for roads and power distribution, and the development of roads and highways through the Build Operate and Transfer (BOT) model. This is done both directly and through its subsidiary, Ashoka Concessions Limited (ACL), which is 66 percent owned by ABL. ABL holds equity stakes in 18 direct and 12 indirect subsidiaries, most of which are special purpose vehicles (SPVs) created for BOT projects. The company was established in 1993 and its registered office is located in Nashik, Maharashtra.
Industry
Company Details
- Location
Nashik, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Ashoka Buildcon Limited
Engineering Procurement Service
Electrical Construction Service
Bitumen Pressure Distributor
Construction Service
Financials of Ashoka Buildcon Limited
Ashoka Buildcon Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 19.47% increase. The company also saw a substantial fall in profitability, with a 175.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.24%.
Corporate Structure
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People in Ashoka Buildcon Limited
Unlock and access historical data on people associated with Ashoka Buildcon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
SP
Satish Parakh
Managing DirectorAppointment Date: 01-Apr-2012
Status: Current
PM
Paresh Mehta CFOAppointment Date: 12-Aug-2014
Status: Current
MK
Manoj Kulkarni Company SecretaryAppointment Date: 01-Feb-2006
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 23 Nov 2023 | ₹4.53 Cr | Open |
Axis Bank Limited Creation Date: 23 Nov 2023 | ₹5.25 M | Open |
Others Creation Date: 27 Oct 2023 | ₹7.75 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ashoka Buildcon, 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 Ashoka Buildcon's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
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Active
11 years 5 months Sharadchandra Abhyankar is a mutual person
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Active 6 years 1 month Ashish Kataria is a mutual person
Ashoka Kandi Ramsanpalle Road Private Limited
Active 4 years 5 months Paresh Mehta and Manoj Kulkarni are mutual person
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Active 5 years 1 month Paresh Mehta and Manoj Kulkarni are mutual person
Recent activity within the organization
Charges
A charge with Others amounted to Rs. 4.53 cr with Charge ID 100824224 was registered on 23 Nov 2023.
23 Nov 2023Charges
A charge with Axis Bank Limited amounted to Rs. 0.53 cr with Charge ID 100830075 was registered on 23 Nov 2023.
23 Nov 2023Charges
A charge with Others amounted to Rs. 7.75 cr with Charge ID 100813783 was registered on 27 Oct 2023.
27 Oct 2023Charges
A charge with Others amounted to Rs. 2.90 cr with Charge ID 100802367 was registered on 07 Oct 2023.
07 Oct 2023Charges
A charge with Others amounted to Rs. 0.88 cr with Charge ID 100796048 was registered on 05 Oct 2023.
05 Oct 2023
Recent News, Updates & Announcement
Jefferies positive on roadfocussed companies Ashoka Buildcon Sadbhav Infra.Moneycontrol 28 Sep 2017
- Buy Ashoka Buildcon target of Rs 210 ICICI Direct Moneycontrolcom.
Moneycontrol 16 Aug 2017
- Ashoka Buildcon gets Rs 117cr power project in Bihar.
Business Line 30 Jan 2017
- Ashoka Buildcon Q3 profit doubles to Rs43 crore.
Nternet 28 Jan 2017
- Private Equity Funds Look to Exit Ashoka Buildcons Road Assets After 56 Years of Investment Potential Buyers Show Interest in Indian Infrastructure Assets.
When you invest in roads but want to exit so you talk to potential investors to sell your stake Two private equity funds Macquarie and State Bank of India want to leave after investing in Ashoka Buildcons road assets for 56 years They might get 1214 growth per year Other investors like I Squared Capital and Canadian pension funds are also interested in buying infrastructure assets in India.
mint 22 Dec 2016
Frequently asked questions
What is the Incorporation or founding date of Ashoka Buildcon Limited?
