Asmita India Limited

Land development and construction company with various leasing properties and services.

1985 | Thane, Maharashtra (India) | Active
Last Updated: December 28, 2024

Asmita India Profile

Key Indicators

  • Authorised Capital ₹ 61.60 Cr
  • Paid Up Capital ₹ 60.00 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 159.03 Cr
  • Revenue Growth 66.81%
  • Profit Growth 21.18%
  • Ebitda 100.00%
  • Net Worth 2.69%
  • Total Assets 4.75%

About Asmita India

Asmita India Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 December 1985 and has a history of 39 years and two months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Asmita Constructions Pvt Ltd. 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 61.60 Cr and a paid-up capital of Rs 60.00 Cr.

The company has closed loans amounting to ₹159.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asmita India Limited India are Aafaque Shaikh as CFO and Deep Shah as Company Secretary. Dinubhai Vagadiya, Noorjahan Syed, Dharmesh Upadhyaya, and Five other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asmitagroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1985PLC038289

  • Company No.

    038289

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Asmita India?

Executive Team (2)

NameDesignationAppointment DateStatus
Aafaque Shaikh CFO22-Dec-2014Current
Deep Shah Country flag representing In Company Secretary15-Jan-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Dharmesh Upadhyaya Country flag representing In Director 02-Mar-2020Current
Dinubhai Vagadiya Country flag representing In Director 17-May-2023Current
Noorjahan Syed Country flag representing In Whole-Time Director 31-Jul-1994Current
Kunal Goradia Country flag representing In Director 02-Apr-2014Current
Mazhar Syed Country flag representing In Director 21-Jul-2014Current
Jayant Fatnani Country flag representing In Director 15-May-2018Current

Financial Performance of Asmita India.

Asmita India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.81% increase. The company also saw a substantial improvement in profitability, with a 21.18% increase in profit. The company's net worth moved up by a moderate rise of 2.69%.

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
66.81%
Revenue from Operations
69.55%
Total Assets
4.75%
Profit or Loss
21.18%
Net Worth
2.69%
EBITDA
100.00%

What is the Ownership and Shareholding Structure of Asmita India?

In 2023, Asmita India had a promoter holding of 81.42% and a public holding of 18.58%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹159.03 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 102.30 Cr
  • Union Bank Of India (As Lead Bank Of Union Bank Consortium) : 56.73 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2010Punjab National Bank₹102.30 CrSatisfied
02 Sep 2008Union Bank Of India (As Lead Bank Of Union Bank Consortium)₹56.73 CrSatisfied

How Many Employees Work at Asmita India?

Unlock and access historical data on people associated with Asmita India, 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 Asmita India, 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 Asmita India'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 Asmita India

Recent activity within the organization

  • Director Appointment

    Deep Shah was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jan 2024 & has been associated with this company since 1 year 1 month .

    15 Jan 2024

  • Annual General Meeting

    Asmita India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Asmita India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Dharmesh Harendra Upadhyaya was appointed as a Director was appointed as a Director on 02 Mar 2020 & has been associated with this company since 4 years 11 months .

    02 Mar 2020

  • Charges

    A charge registered on 02 Sep 2008 via Charge ID 10123973 with Union Bank Of India (As Lead Bank Of Union Bank Consortium) was fully satisfied on 20 Feb 2020.

    20 Feb 2020

  • Charges

    A charge registered on 28 Oct 2010 via Charge ID 10258593 with Punjab National Bank was fully satisfied on 31 Jul 2019.

    31 Jul 2019

Frequently asked questions

  • Asmita India Limited was incorporated on 10 Dec 1985.

  • The authorized share capital of Asmita India Limited is ₹ 61.60 Cr and paid-up capital is ₹ 60.00 Cr.

  • Currently 10 directors are associated with Asmita India Limited.

    • Dinubhai Ramjibhai Vagadiya
    • Noorjahan Begum Syed
    • Dharmesh Harendra Upadhyaya
    • Kunal Nitin Goradia
    • Mazhar Muzaffar Hussain Syed
    • Jayant Sunderdas Fatnani
    • Rukhsar Muzaffar Hussain Syed
    • Nilesh Dilip Desai
    • Aafaque Ahmed Bilal Shaikh
    • Deep Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asmita India Limited is Asmita House Naya Nagar Mira Road East, India, Thane, Maharashtra, 401107.

  • The corporate identification number (CIN) of Asmita India Limited is U99999MH1985PLC038289 and the company number is 038289 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asmita India Limited is https://www.asmitagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asmita India Limited has risen by 66.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asmita India Limited has experienced an upsurge of 2.69%.

  • The most recent Balance Sheet for Asmita India Limited was filed with the ROC on 31 Mar 2023.

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