Aarti Steel International Limited

Steel manufacturing and wire production for various industries.

2020 | Ludhiana, Punjab (India) | Active
Last Updated:

Aarti Steel International Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.17 Cr
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 315.91 Cr
  • Satisfied Charges ₹ 170.00 Cr
  • Revenue Growth %
  • Profit Growth 2861376.75%
  • Ebitda 4665422.11%
  • Net Worth 20360661.23%
  • Total Assets 16686506.73%

About Aarti Steel International

Aarti Steel International Limited (ASIL) is a Public Limited Indian Non-Government Company incorporated in India on 14 December 2020 (Four years and four months 27 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Metals And Minerals 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 2.00 Cr and a paid-up capital of Rs 1.17 Cr.

The company currently has active open charges totaling ₹315.91 Cr. The company has closed loans amounting to ₹170.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahesh Mittal, Varun Mittal, Shiv Parshad, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27320PB2020PLC052443

  • Company No.

    052443

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals
Company report

Aarti Steel International Limited

Explore comprehensive data for Aarti Steel International Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aarti Steel International?

Board Members (7)

NameDesignationAppointment DateStatus
Varun Mittal Country flag representing In Director 28-Jul-2023Current
Mahesh Mittal Country flag representing In Director 14-Dec-2020Current
Shiv Parshad Country flag representing In Director 14-Dec-2020Current
Vinayak Mittal Country flag representing In Director 14-Dec-2020Current
Joginder Kumar Country flag representing In Director 21-Feb-2023Current
Girish Mittal Country flag representing In Director 28-Jul-2023Current

Financial Performance of Aarti Steel International.

Aarti Steel International Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 2861376.75% increase in profit. The company's net worth Soared by an impressive increase of 20360661.23%.

Aarti Steel International revenue growth over time
Aarti Steel International 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
Revenue from Operations
Total Assets
16686506.73%
Profit or Loss
2861376.75%
Net Worth
20360661.23%
EBITDA
4665422.11%

What is the Ownership and Shareholding Structure of Aarti Steel International?

In 2023, Aarti Steel International had a promoter holding of 99.89% and a public holding of 0.11%. The company had 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

₹315.91 Cr

Satisfied Charges

₹170.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 170.00 Cr
  • Hdfc Bank Limited : 112.00 Cr
  • Yes Bank Limited : 23.20 Cr
  • Others : 10.71 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2023Others₹10.71 CrOpen
26 Jul 2023State Bank Of India₹170.00 CrOpen
12 Jul 2023Hdfc Bank Limited₹112.00 CrOpen
06 Mar 2023Yes Bank Limited₹23.20 CrOpen
02 Nov 2023Others₹50.00 CrSatisfied

How Many Employees Work at Aarti Steel International?

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

Employee growth trends for Aarti Steel International Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aarti Steel International, 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 Aarti Steel International'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 Aarti Steel International

Recent activity within the organization

  • Annual General Meeting

    Aarti Steel International Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 02 Nov 2023 via Charge ID 100813888 with Others was fully satisfied on 29 Jul 2024.

  • Charges

    A charge registered on 21 Feb 2023 via Charge ID 100687168 with Hdfc Bank Limited was fully satisfied on 24 Apr 2024.

  • Balance Sheet

    Aarti Steel International Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge registered on 13 Apr 2023 via Charge ID 100707298 with State Bank Of India was fully satisfied on 19 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 10.71 Cr with Charge ID 100826869 was registered on 23 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Aarti Steel International Limited?

    Aarti Steel International Limited was incorporated on 14 Dec 2020.

  • What is authorized share capital and paid-up capital of Aarti Steel International Limited?

    The authorized share capital of Aarti Steel International Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.17 Cr.

  • Who are the current board members & directors of Aarti Steel International Limited?

    Currently 7 directors are associated with Aarti Steel International Limited.

    • Mahesh Kumar Mittal
    • Varun Mittal
    • Shiv Parshad
    • Vinayak Mittal
    • Joginder Yadav Kumar
    • Girish Mittal
    • Uma Mittal
  • What is the registered address of Aarti Steel International Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aarti Steel International Limited is C/O Aarti Steels Limited G. T Road Miller Ganj, India, Ludhiana, Punjab, 141003.

  • What is the corporate identification number (CIN) and company number of Aarti Steel International Limited?

    The corporate identification number (CIN) of Aarti Steel International Limited is U27320PB2020PLC052443 and the company number is 052443 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aarti Steel International Limited?

    The Official website of Aarti Steel International Limited is https://www.aartisteelintl.com

  • What change has been observed in the net worth of Aarti Steel International Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aarti Steel International Limited has experienced an upsurge of 20360661.23%.

  • What are the total open charges for Aarti Steel International Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aarti Steel International Limited amount to ₹ 315.91 Cr.

  • When was the last Balance Sheet of Aarti Steel International Limited filed with the ROC?

    The most recent Balance Sheet for Aarti Steel International Limited was filed with the ROC on 31 Mar 2024.

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