Aashiana Rolling Mills Limited

Manufacturer and seller of TMT bars, structural steel, binding wire, and MS ERW Pipes.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 11, 2024

Aashiana Rolling Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 1.34 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,213.02 Cr
  • Satisfied Charges ₹ 210.40 Cr
  • Revenue Growth 23.45%
  • Profit Growth -42.62%
  • Ebitda -9.68%
  • Net Worth 3.21%
  • Total Assets 2.43%

About Aashiana Rolling Mills

Aashiana Rolling Mills Limited (ARML) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 August 1995 and has a history of 29 years and six months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.40 Cr and a paid-up capital of Rs 1.34 Cr.

The company currently has active open charges totaling ₹1,213.02 Cr. The company has closed loans amounting to ₹210.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devendra Goyal, Madhu Goyal, Anshum Goyal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    friendssteel.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120GJ1995PLC109367

  • Company No.

    109367

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Aashiana Rolling Mills Limited offer?

Aashiana Rolling Mills Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, TMT Bars, Mild Steel Bars, Brackets, Holder & Hardware Fittings, Metal Angles.

Who are the key members and board of directors at Aashiana Rolling Mills?

Board Members (5)

NameDesignationAppointment DateStatus
Devendra Goyal Country flag representing In Director 16-Jan-2006Current
Madhu Goyal Country flag representing In Director 22-Aug-2016Current
Anshum Goyal Country flag representing In Director 16-Jan-2006Current
Paurviben Shah Country flag representing In Director 09-Mar-2019Current
Shiwani Riswadkar Country flag representing In Director 09-Mar-2019Current

Financial Performance of Aashiana Rolling Mills.

Aashiana Rolling Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.45% increase. The company also saw a substantial fall in profitability, with a 42.62% decrease in profit. The company's net worth moved up by a moderate rise of 3.21%.

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
23.45%
Revenue from Operations
23.29%
Total Assets
2.43%
Profit or Loss
-42.62%
Net Worth
3.21%
EBITDA
-9.68%

What is the Ownership and Shareholding Structure of Aashiana Rolling Mills?

In 2023, Aashiana Rolling Mills 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

₹1,213.02 Cr

Satisfied Charges

₹210.40 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1165.00 Cr
  • Yes Bank Limited : 46.77 Cr
  • Hdfc Bank Limited : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 2023Hdfc Bank Limited₹0.78 MOpen
29 Sep 2022Hdfc Bank Limited₹1.17 CrOpen
03 Nov 2016Yes Bank Limited₹45.27 CrOpen
03 Nov 2016Yes Bank Limited₹1.50 CrOpen
02 Jul 2012Sbicap Trustee Company Limited₹1,165.00 CrOpen

How Many Employees Work at Aashiana Rolling Mills?

Aashiana Rolling Mills has a workforce of 21 employees as of Oct 11, 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 Aashiana Rolling Mills, 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 Aashiana Rolling Mills'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 Aashiana Rolling Mills

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 1,165.00 Cr registered on 02 Jul 2012 with Charge ID 10366046 was modified on 20 Mar 2024.

    20 Mar 2024

  • Charges

    A charge registered on 15 May 2023 via Charge ID 100727670 with Others was fully satisfied on 23 Nov 2023.

    23 Nov 2023

  • Annual General Meeting

    Aashiana Rolling Mills 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. 0.08 Cr with Charge ID 100743478 was registered on 12 Jul 2023.

    12 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 97.50 Cr with Charge ID 100727670 was registered on 15 May 2023.

    15 May 2023

  • Balance Sheet

    Aashiana Rolling Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Aashiana Rolling Mills Limited was incorporated on 25 Aug 1995.

  • The authorized share capital of Aashiana Rolling Mills Limited is ₹ 1.40 Cr and paid-up capital is ₹ 1.34 Cr.

  • Currently 5 directors are associated with Aashiana Rolling Mills Limited.

    • Devendra Kumar Goyal
    • Madhu Devendrakumar Goyal
    • Anshum Devendra Goyal
    • Paurviben Binitkumar Shah
    • Shiwani Salil Riswadkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aashiana Rolling Mills Limited is 120/1/2 Mangal Murti Complex Near Shiv Cinema Ashram Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Aashiana Rolling Mills Limited is U67120GJ1995PLC109367 and the company number is 109367 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aashiana Rolling Mills Limited is https://www.friendssteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aashiana Rolling Mills Limited has risen by 23.45%.

  • As Per 2023 financial reports, 21 employees are currently employed by Aashiana Rolling Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aashiana Rolling Mills Limited has experienced an upsurge of 3.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aashiana Rolling Mills Limited amount to ₹ 1,213.02 Cr.

  • The most recent Balance Sheet for Aashiana Rolling Mills Limited was filed with the ROC on 31 Mar 2023.

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