Aastha Minmet (India) Limited

Wholesale distributor of iron and steel products, part of Aastha group.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: December 03, 2024

Aastha Minmet (India) Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 8.97 Cr
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 34.50 Cr
  • Revenue Growth 112.47%
  • Profit Growth 378.38%
  • Ebitda 17.89%
  • Net Worth 629.97%
  • Total Assets 81.07%

About Aastha Minmet (India)

Aastha Minmet (India) Limited (AMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 May 2007 and has a history of 17 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Aastha Fincap Limited. 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 2020. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 8.97 Cr.

The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹34.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hanumantharao Ravipati, Veeraswamy Vemuri, and Jay Singh serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27105KA2007PLC042717

  • Company No.

    042717

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2007

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Aastha Minmet (India)?

Board Members (3)

Name Designation Appointment Date Status
Hanumantharao Ravipati Country flag representing In Additional Director 14-Mar-2013 Current
Veeraswamy Vemuri Country flag representing In Additional Director 14-Mar-2013 Current
Jay Singh Country flag representing In Additional Director 25-Jun-2022 Current

Financial Performance of Aastha Minmet (India).

Aastha Minmet (India) Limited, for the financial year ended 2012, experienced significant growth in revenue, with a 112.47% increase. The company also saw a substantial improvement in profitability, with a 378.38% increase in profit. The company's net worth Soared by an impressive increase of 629.97%.

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
112.47%
Revenue from Operations
111.55%
Total Assets
81.07%
Profit or Loss
378.38%
Net Worth
629.97%
EBITDA
17.89%

What is the Ownership and Shareholding Structure of Aastha Minmet (India)?

In 2020, Aastha Minmet (India) 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

₹35.00 Cr

Satisfied Charges

₹34.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.00 Cr
  • Idbi Bank Limited : 15.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 2013 State Bank Of India ₹20.00 Cr Open
28 Mar 2009 Idbi Bank Limited ₹15.00 Cr Open
29 Jun 2012 Yes Bank Limited ₹31.50 Cr Satisfied
05 Oct 2007 Syndicate Bank ₹3.00 Cr Satisfied

How Many Employees Work at Aastha Minmet (India)?

Unlock and access historical data on people associated with Aastha Minmet (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 Aastha Minmet (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 Aastha Minmet (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 Aastha Minmet (India)

Recent activity within the organization

  • Director Appointment

    Jay Singh was appointed as a Additional Director was appointed as a Additional Director on 25 Jun 2022 & has been associated with this company since 2 years 7 months .

    25 Jun 2022

  • Annual General Meeting

    Aastha Minmet (India) Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Aastha Minmet (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Director Appointment

    Hanumantharao Ravipati was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2013 & has been associated with this company since 11 years 10 months .

    14 Mar 2013

  • Director Appointment

    Veeraswamy Vemuri was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2013 & has been associated with this company since 11 years 10 months .

    14 Mar 2013

  • Charges

    A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 10411571 was registered on 01 Mar 2013.

    01 Mar 2013

Frequently asked questions

  • Aastha Minmet (India) Limited was incorporated on 07 May 2007.

  • The authorized share capital of Aastha Minmet (India) Limited is ₹ 15.00 Cr and paid-up capital is ₹ 8.97 Cr.

  • Currently 3 directors are associated with Aastha Minmet (India) Limited.

    • Hanumantharao Ravipati
    • Veeraswamy Vemuri
    • Jay Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aastha Minmet (India) Limited is No.-W-204 2Nd Floor, Sunrise Chambers Ulsoor Road India, Bangalore, Karnataka, 560042.

  • The corporate identification number (CIN) of Aastha Minmet (India) Limited is U27105KA2007PLC042717 and the company number is 042717 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2012, the revenue trend for Aastha Minmet (India) Limited has risen by 112.47%.

  • The financial reports for the fiscal year 2012 indicates that The net worth of Aastha Minmet (India) Limited has experienced an upsurge of 629.97%.

  • As per the financial statements for fiscal Year 2012, The total open charges for Aastha Minmet (India) Limited amount to ₹ 35.00 Cr.

  • The most recent Balance Sheet for Aastha Minmet (India) Limited was filed with the ROC on 31 Mar 2020.

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