Ashoka Highways (Bhandara) Limited

Infrastructure company specializing in highway construction, operation, and maintenance on a BOT basis.

2007 | Nashik, Maharashtra (India) | Active
Last Updated: December 25, 2024

Ashoka Highways (Bhandara) Profile

Key Indicators

  • Authorised Capital ₹ 76.00 Cr
  • Paid Up Capital ₹ 26.11 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 499.00 Cr
  • Satisfied Charges ₹ 375.00 Cr
  • Revenue Growth 94.12%
  • Profit Growth 861.71%
  • Ebitda 146.09%
  • Net Worth 41.08%
  • Total Assets 8.74%

About Ashoka Highways (Bhandara)

Ashoka Highways (Bhandara) Limited (AHBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 March 2007 and has a history of 17 years and 11 months. Its registered office is in Nashik, Maharashtra, India.

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 76.00 Cr and a paid-up capital of Rs 26.11 Cr.

The company currently has active open charges totaling ₹499.00 Cr. The company has closed loans amounting to ₹375.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashoka Highways (Bhandara) Limited India are Ravindra Vijayvargiya as CFO and Pooja Lopes as Company Secretary. Rajendrachand Singhvi, Nirbhaya Mishra, Pooja Alwin, and One other member serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashokabuildcon.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45203MH2007PLC168773

  • Company No.

    168773

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2007

  • Date of AGM

    17 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 Highways (Bhandara)?

Executive Team (2)

NameDesignationAppointment DateStatus
Ravindra Vijayvargiya Country flag representing In CFO14-May-2019Current
Pooja Lopes Country flag representing In Company Secretary04-Aug-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Rajendrachand Singhvi Country flag representing In Director 31-Mar-2015Current
Nirbhaya Mishra Country flag representing In Director 19-Dec-2017Current
Pooja Alwin Country flag representing In Company Secretary and Nominee Director 15-May-2018Current
Anil Gandhi Country flag representing In Nominee Director 14-May-2019Current

Financial Performance of Ashoka Highways (Bhandara).

Ashoka Highways (Bhandara) Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 94.12% increase. The company also saw a substantial improvement in profitability, with a 861.71% increase in profit. The company's net worth Soared by an impressive increase of 41.08%.

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
94.12%
Revenue from Operations
105.67%
Total Assets
8.74%
Profit or Loss
861.71%
Net Worth
41.08%
EBITDA
146.09%

What is the Ownership and Shareholding Structure of Ashoka Highways (Bhandara)?

In 2022, Ashoka Highways (Bhandara) had a promoter holding of 65.70% and a public holding of 34.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹499.00 Cr

Satisfied Charges

₹375.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 499.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2015Idbi Trusteeship Services Limited₹170.00 CrOpen
19 Jan 2015Idbi Trusteeship Services Limited₹329.00 CrOpen
11 Sep 2008Idbi Trusteeship Services Limited₹375.00 CrSatisfied

How Many Employees Work at Ashoka Highways (Bhandara)?

Unlock and access historical data on people associated with Ashoka Highways (Bhandara), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashoka Highways (Bhandara), 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 Highways (Bhandara)'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 Highways (Bhandara)

Recent activity within the organization

  • Annual General Meeting

    Ashoka Highways (Bhandara) Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Balance Sheet

    Ashoka Highways (Bhandara) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ravindra Moolchand Vijayvargiya was appointed as a Cfo was appointed as a Cfo on 14 May 2019 & has been associated with this company since 5 years 9 months .

    14 May 2019

  • Director Appointment

    Anil Shantilal Gandhi was appointed as a Nominee Director was appointed as a Nominee Director on 14 May 2019 & has been associated with this company since 5 years 9 months .

    14 May 2019

  • Director Appointment

    Pooja Lopes Alwin was appointed as a Nominee Director was appointed as a Nominee Director on 15 May 2018 & has been associated with this company since 6 years 9 months .

    15 May 2018

  • Director Appointment

    Nirbhaya Kishore Mishra was appointed as a Director was appointed as a Director on 19 Dec 2017 & has been associated with this company since 7 years 2 months .

    19 Dec 2017

Frequently asked questions

  • Ashoka Highways (Bhandara) Limited was incorporated on 15 Mar 2007.

  • The authorized share capital of Ashoka Highways (Bhandara) Limited is ₹ 76.00 Cr and paid-up capital is ₹ 26.11 Cr.

  • Currently 6 directors are associated with Ashoka Highways (Bhandara) Limited.

    • Rajendrachand Singhvi
    • Nirbhaya Kishore Mishra
    • Ravindra Moolchand Vijayvargiya
    • Pooja Alwin Lopes
    • Pooja Lopes Alwin
    • Anil Shantilal Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashoka Highways (Bhandara) Limited is S. No. 113/2 3Rd Floor Ashoka Business Enclave Wadala Road, India, Nashik, Maharashtra, 422009.

  • The corporate identification number (CIN) of Ashoka Highways (Bhandara) Limited is U45203MH2007PLC168773 and the company number is 168773 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashoka Highways (Bhandara) Limited is https://www.ashokabuildcon.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ashoka Highways (Bhandara) Limited has risen by 94.12%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ashoka Highways (Bhandara) Limited has experienced an upsurge of 41.08%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ashoka Highways (Bhandara) Limited amount to ₹ 499.00 Cr.

  • The most recent Balance Sheet for Ashoka Highways (Bhandara) Limited was filed with the ROC on 31 Mar 2024.

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