Ashoka Buildcon Limited Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of Ashoka Buildcon Limited?
Ashoka Buildcon Limited, Founded in 1976, is an Indian highway construction company that focuses on engineering, procurement, and construction (EPC), as well as build-operate-transfer (BOT) and hybrid annuity projects (HAM). The company has three main areas: Construction & Contract, BOT Annuity Projects, and Sales of Goods. The Construction & Contract area is concerned with the engineering and constructing infrastructure for roads, railways, and energy generation. The BOT Annuity Projects area manages road tolling and hybrid annuity projects. The Sales of Goods area includes the sale of ready-mixed concrete, real estate, and city gas distribution services. Here’s a closer look at what they offer:
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1- Highway and Road Construction
Ashoka Buildcon is well-known for its highway and road construction work, central to its business. The company works on projects in different states in India, focusing on national highways, state highways, and urban roads. Here are some important points about this area:
- National Highway Development Projects: Building, expanding, and maintaining national highways.
- State Highway Projects: Construction of state-managed highways and road infrastructure.
- Build-Operate-Transfer (BOT) Projects: Ashoka Buildcon has a solid BOT portfolio. It builds highways, collects tolls for a specific time, and then returns the roads to the government.
2- Power Transmission and Distribution
Ashoka Buildcon is focused on road construction and plays a big role in the power sector. The company develops and maintains power transmission and distribution systems, which include:
- Power Transmission Lines: Installing lines to link power plants with distribution networks.
- Substation Construction: Building substations to manage and stabilize electricity supply.
- Rural Electrification: Projects aimed at providing electricity to rural and underserved areas.
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3- Railway Infrastructure
Ashoka Buildcon has joined the railway infrastructure sector as India's railway network grows and modernizes. Their services include:
- Track Laying: Building and fixing railway tracks.
- Electrification: Installing systems for railway electrification to support eco-friendly transport.
- Signaling and Telecommunication: Modern signaling and communication systems are set up to enhance safety and efficiency.
4- Smart City and Urban Infrastructure
The company is expanding into urban development projects that support India's Smart Cities Mission. This sector includes:
- Water Supply and Sewerage Systems: Build important water and sewage treatment facilities.
- City Roads and Pathways: Create urban roads, sidewalks, and public areas.
- Smart City Solutions: Use technology to enhance urban living, such as LED street lights and smart traffic management.
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5- Real Estate Development
- Ashoka Buildcon mainly focuses on infrastructure but has also started developing real estate. This includes building homes, offices, and industrial sites, but this part of the business is smaller than its infrastructure projects.
6- Construction of Institutional and Commercial Buildings
They build buildings for government and institutional clients. This includes:
- Government Buildings: Build offices and facilities for government use.
- Healthcare and Educational Facilities: Construct hospitals, schools, and universities.
- Commercial Buildings: Create office spaces, shopping centers, and other commercial properties.
7- Renewable Energy Projects
Ashoka Buildcon is making progress in renewable energy, especially solar power. Here are its activities in this field:
- Solar Power Projects: Create solar farms to help India meet its renewable energy goals.
- Renewable Energy Infrastructure: Build facilities that support renewable energy to lessen reliance on fossil fuels.
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8- Operation and Maintenance (O&M) Services
Ashoka Buildcon offers services for operating and maintaining infrastructure projects to make sure that the company's completed projects. Key points include:
- Highway Toll Management: Run toll plazas and collect tolls.
- Infrastructure Maintenance: Regularly maintain roads, highways, and power lines to keep them safe and working.
Question 2: Who are the promoters of Ashoka Buildcon?
The promoters and promoters group of Ashoka Buildcon Limited are Ashok Motilal Katariya, Satish Dhondulal Parakh, Ashish Ashok Kataria, Aditya Satish Parakh, Asha Ashok Katariya, Shweta Keyur Modi, Ashok M. Katariya (HUF), Ashish Ashok Kataria (HUF), Padmabai F. Pophaliya, Astha Ashish Kataria, Ayush Ashish Katariya, Satish Dhondulal Parakh (HUF), Shobha Satish Parakh, Snehal Manjeet Khatri, Ashoka Buildwell & Developers Private Limited, Ashoka Builders (Nasik) Private Limited, Ashoka Premises Private Limited, Sanjay Prabhakar Londhe, Ankita Aditya Parakh, Anjali Sanjay Londhe, Rohan Sanjay Londhe, Rutuja Rohan Londhe, Satish Dhondulal Parakh - Trustee - Lemon Tree Trust and Satish Dhondulal Parakh - Trustee - Green Apple Trust
Mr. Satish Parakh is the Managing Director of the company.
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