Ashoka Concessions Limited

Infrastructure company specializing in highway projects on BOT/annuity basis for government and private clients.

2011 | Nashik, Maharashtra (India) | Active
Last Updated: January 05, 2025

Ashoka Concessions Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6,902.89 Cr
  • Satisfied Charges ₹ 1,907.31 Cr
  • Revenue Growth 10.40%
  • Profit Growth -163.97%
  • Ebitda -223.50%
  • Net Worth -36.40%
  • Total Assets -22.21%

About Ashoka Concessions

Ashoka Concessions Limited (ACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 2011 and has a history of 13 years and nine months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Ashoka Concessions Private Limited. The Company is engaged in the Infrastructure And Utilities 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 18.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹6,902.89 Cr. The company has closed loans amounting to ₹1,907.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashoka Concessions Limited India are Pooja Alwin as COMPANY SECRETARY and Ravindra Vijayvargiya as Cfo. Rajendrachand Singhvi, Satish Parakh, Ashish Kataria, and Three other members serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201MH2011PLC215760

  • Company No.

    215760

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Ashoka Concessions?

Executive Team (2)

NameDesignationAppointment DateStatus
Pooja Alwin Company Secretary16-Jun-2023Current
Ravindra Vijayvargiya Country flag representing In CFO10-May-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajendrachand Singhvi Country flag representing In Director 31-Mar-2015Current
Satish Parakh Country flag representing In Nominee Director 05-Apr-2011Current
Ashish Kataria Country flag representing In Whole-Time Director 05-Apr-2011Current
Paresh Mehta Country flag representing In Nominee Director 12-Mar-2012Current
Mahendra Mehta Country flag representing In Nominee Director 31-Mar-2024Current
Shilpa Hiran Country flag representing In Director 02-Feb-2021Current

Financial Performance of Ashoka Concessions.

Ashoka Concessions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.4% increase. The company also saw a substantial fall in profitability, with a 163.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.4%.

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
10.40%
Revenue from Operations
13.42%
Total Assets
-22.21%
Profit or Loss
-163.97%
Net Worth
-36.40%
EBITDA
-223.50%

What is the Ownership and Shareholding Structure of Ashoka Concessions?

In 2021, Ashoka Concessions had a promoter holding of 66.00% and a public holding of 34.00%. The company had 13 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,902.89 Cr

Satisfied Charges

₹1,907.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 2749.44 Cr
  • Axis Trustee Services Limited : 1746.00 Cr
  • Idbi Trusteeship Services Limited : 1344.88 Cr
  • Sbicap Trustee Company Limited : 1062.57 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2024Others₹220.64 CrOpen
05 Mar 2024Sbicap Trustee Company Limited₹700.00 CrOpen
14 Mar 2023Others₹473.87 CrOpen
19 Dec 2022Sbicap Trustee Company Limited₹362.57 CrOpen
10 Dec 2021Others₹88.40 CrOpen

How Many Employees Work at Ashoka Concessions?

Ashoka Concessions has a workforce of 44 employees as of Apr 05, 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 Ashoka Concessions, 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 Concessions'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 Ashoka Concessions

Recent activity within the organization

  • Annual General Meeting

    Ashoka Concessions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 362.57 Cr registered on 19 Dec 2022 with Charge ID 100654756 was modified on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 700.00 Cr registered on 05 Mar 2024 with Charge ID 100881322 was modified on 22 Jul 2024.

    22 Jul 2024

  • Balance Sheet

    Ashoka Concessions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Mahendra Bhopalsingh Mehta was appointed as a Nominee Director was appointed as a Nominee Director on 31 Mar 2024 & has been associated with this company since 10 months 1 day .

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 220.64 Cr with Charge ID 100880577 was registered on 11 Mar 2024.

    11 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Ashoka Concessions Limited was incorporated on 05 Apr 2011.

  • The authorized share capital of Ashoka Concessions Limited is ₹ 18.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 8 directors are associated with Ashoka Concessions Limited.

    • Pooja Lopes Alwin
    • Rajendrachand Singhvi
    • Satish Dhondulal Parakh
    • Ashish Ashok Kataria
    • Paresh Chatursinha Mehta
    • Mahendra Bhopalsingh Mehta
    • Shilpa Hiran
    • Ravindra Moolchand Vijayvargiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashoka Concessions Limited is S. No. 113/2 5Th Floor Ashoka Business Enclave Wadala Road, India, Nashik, Maharashtra, 422009.

  • The corporate identification number (CIN) of Ashoka Concessions Limited is U45201MH2011PLC215760 and the company number is 215760 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashoka Concessions Limited is https://www.ashokaconcessions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ashoka Concessions Limited has risen by 10.40%.

  • As Per 2022 financial reports, 44 employees are currently employed by Ashoka Concessions Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ashoka Concessions Limited has experienced an downturn of -36.40%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ashoka Concessions Limited amount to ₹ 6,902.89 Cr.

  • The most recent Balance Sheet for Ashoka Concessions Limited was filed with the ROC on 31 Mar 2024.

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