Ashoka Concessions Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 13 Year, 10 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 ten 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pooja Alwin | Company Secretary | 16-Jun-2023 | Current |
Ravindra Vijayvargiya  | CFO | 10-May-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajendrachand Singhvi | Director | 31-Mar-2015 | Current |
| Satish Parakh | Nominee Director | 05-Apr-2011 | Current |
| Ashish Kataria | Whole-Time Director | 05-Apr-2011 | Current |
| Paresh Mehta | Nominee Director | 12-Mar-2012 | Current |
| Mahendra Mehta | Nominee Director | 31-Mar-2024 | Current |
| Shilpa Hiran | Director | 02-Feb-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
New Consolidated Construction Company LimitedRajendrachand Singhvi is a mutual person
Ashoka Mallasandra Karadi Road Private LimitedPooja Alwin, Ashish Kataria and 1 more are mutual person
Ashoka Khairatunda Barwa Adda Road LimitedRavindra Vijayvargiya is a mutual person
Ashoka Banwara Bettadahalli Road Private LimitedAshish Kataria is a mutual person
Abhijeet Ashoka Infrastructure Private LimitedParesh Mehta is a mutual person
Ashoka Highways (Bhandara) LimitedRajendrachand Singhvi and Ravindra Vijayvargiya are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2024 | Others | ₹220.64 Cr | Open |
| 05 Mar 2024 | Sbicap Trustee Company Limited | ₹700.00 Cr | Open |
| 14 Mar 2023 | Others | ₹473.87 Cr | Open |
| 19 Dec 2022 | Sbicap Trustee Company Limited | ₹362.57 Cr | Open |
| 10 Dec 2021 | Others | ₹88.40 Cr | Open |
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.
Deals i
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
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
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.
- 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.
- 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.
- Balance Sheet
Ashoka Concessions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 11 months 3 days .
- Charges
A charge with Others amounted to Rs. 220.64 Cr with Charge ID 100880577 was registered on 11 Mar 2024.
Recent News, Updates & Announcement
- CDPQ may buy five road projects from Ashoka Concessions | Mint.
The deal has potential equity and enterprise values of around $325 million and $700 million, respectively..
- CDPQ, others in fray to buy Ashoka Concessions.
Shareholders SBI Macquarie Infrastructure Investment Fund and Ashoka Buildcon plan to sell 100% in toll-road projects co; deal may value company at Rs 5,000-6,000 cr..
- Macquarie eyes exit from roads platform Ashoka Concessions | Mint.
Exit could come about in the form of asset sale or stake sale at Ashoka Concessions.MACQUARIE had bought 34% in Ashoka Concessions for ₹800 crore in 2012.
Frequently asked questions
What is the Incorporation or founding date of Ashoka Concessions Limited?
Ashoka Concessions Limited was incorporated on 05 Apr 2011.
What is authorized share capital and paid-up capital of Ashoka Concessions Limited?
The authorized share capital of Ashoka Concessions Limited is ₹ 18.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Ashoka Concessions Limited?
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
What is the registered address of Ashoka Concessions Limited?
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.
What is the corporate identification number (CIN) and company number of Ashoka Concessions Limited?
The corporate identification number (CIN) of Ashoka Concessions Limited is U45201MH2011PLC215760 and the company number is 215760 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ashoka Concessions Limited?
The Official website of Ashoka Concessions Limited is https://www.ashokaconcessions.com
What has been the recent revenue trend for Ashoka Concessions Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ashoka Concessions Limited has risen by 10.40%.
How many employees does Ashoka Concessions Limited currently have?
As Per 2022 financial reports, 44 employees are currently employed by Ashoka Concessions Limited.
What change has been observed in the net worth of Ashoka Concessions Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Ashoka Concessions Limited has experienced an downturn of -36.40%.
What are the total open charges for Ashoka Concessions Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Ashoka Concessions Limited amount to ₹ 6,902.89 Cr.
When was the last Balance Sheet of Ashoka Concessions Limited filed with the ROC?
The most recent Balance Sheet for Ashoka Concessions Limited was filed with the ROC on 31 Mar 2024.
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