Ashoka Developers & Builders Limited

Develops residential and commercial properties in Hyderabad, with completed and ongoing projects.

2002 | Hyderabad, Telangana (India) | Active
Last Updated: July 24, 2024

Ashoka Developers & Builders Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.90 Cr
  • Company Age 22 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 89.57 Cr
  • Satisfied Charges ₹ 288.38 Cr
  • Revenue Growth -35.52%
  • Profit Growth -4.52%
  • Ebitda -39.77%
  • Net Worth 3.58%
  • Total Assets 15.77%

About Ashoka Developers & Builders

Ashoka Developers & Builders Limited (ADBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 May 2002 and has a history of 22 years and eight months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 14.90 Cr.

The company currently has active open charges totaling ₹89.57 Cr. The company has closed loans amounting to ₹288.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashoka Developers & Builders Limited India are Gangadhar Mamidanna as CFO and Swati Worah as Company Secretary. Korupolu Reddy, Nalamada Reddy, and Nithika Pasunur serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45200TG2002PLC039004

  • Company No.

    039004

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 May 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Real Estate and Construction

Who are the key members and board of directors at Ashoka Developers & Builders?

Executive Team (3)

Name Designation Appointment Date Status
Nalamada Reddy Country flag representing In Managing Director 31-Dec-2014 Current
Gangadhar Mamidanna CFO 01-May-2022 Current
Swati Worah Country flag representing In Company Secretary 01-Dec-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Korupolu Reddy Country flag representing In Whole-Time Director 22-May-2002 Current
Nithika Pasunur Country flag representing In Director 30-Apr-2022 Current

Financial Performance of Ashoka Developers & Builders.

Ashoka Developers & Builders Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.52% decrease. The company also saw a slight decrease in profitability, with a 4.52% decrease in profit. The company's net worth moved up by a moderate rise of 3.58%.

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
-35.52%
Revenue from Operations
-45.16%
Total Assets
15.77%
Profit or Loss
-4.52%
Net Worth
3.58%
EBITDA
-39.77%

What is the Ownership and Shareholding Structure of Ashoka Developers & Builders?

In 2023, Ashoka Developers & Builders 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

₹89.57 Cr

Satisfied Charges

₹288.38 Cr

Charges Breakdown by Lending Institutions

  • Others : 89.00 Cr
  • Hdfc Bank Limited : 0.57 Cr

Latest Charge Details

Date Lender Amount Status
22 Aug 2023 Hdfc Bank Limited ₹3.00 M Open
28 Jun 2023 Others ₹14.00 Cr Open
13 Jul 2022 Others ₹75.00 Cr Open
23 Jul 2021 Hdfc Bank Limited ₹2.74 M Open
20 Jan 2022 Others ₹67.00 Cr Satisfied

How Many Employees Work at Ashoka Developers & Builders?

Ashoka Developers & Builders has a workforce of 28 employees as of Apr 06, 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 Developers & Builders, 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 Developers & Builders'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 Developers & Builders

Recent activity within the organization

  • Annual General Meeting

    Ashoka Developers & Builders Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100769844 was registered on 22 Aug 2023.

    22 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100748776 was registered on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

    Ashoka Developers & Builders Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100594019 was registered on 13 Jul 2022.

    13 Jul 2022

  • Charges

    A charge registered on 20 Jan 2022 via Charge ID 100533711 with Others was fully satisfied on 11 Jul 2022.

    11 Jul 2022

Frequently asked questions

  • Ashoka Developers & Builders Limited was incorporated on 22 May 2002.

  • The authorized share capital of Ashoka Developers & Builders Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.90 Cr.

  • Currently 5 directors are associated with Ashoka Developers & Builders Limited.

    • Korupolu Vijaya Bhaskar Reddy
    • Nalamada Jaideep Reddy
    • Nithika Pasunur
    • Gangadhar Rao Mamidanna
    • Swati Worah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashoka Developers & Builders Limited is Unit No.401 Ashoka Capitol Opp:Kbr Park Road No:2 Banjara Hills, Hyderabad, Telangana, India, 500034.

  • The corporate identification number (CIN) of Ashoka Developers & Builders Limited is U45200TG2002PLC039004 and the company number is 039004 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashoka Developers & Builders Limited is https://www.ashokabuilders.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashoka Developers & Builders Limited has fallen by -35.52%.

  • As Per 2023 financial reports, 28 employees are currently employed by Ashoka Developers & Builders Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashoka Developers & Builders Limited has experienced an upsurge of 3.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashoka Developers & Builders Limited amount to ₹ 89.57 Cr.

  • The most recent Balance Sheet for Ashoka Developers & Builders Limited was filed with the ROC on 31 Mar 2023.

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