Accurate Steel Forgings (India) Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 33 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 53.06 Cr
- Satisfied Charges ₹ 26.09 Cr
- Revenue Growth -1.76%
- Profit Growth -33.35%
- Ebitda -25.89%
- Net Worth 18.85%
- Total Assets 17.86%
About Accurate Steel Forgings (India)
Accurate Steel Forgings (India) Limited (ASFIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 January 1992 and has a history of 33 years and two months. Its registered office is in Chengai Mgr Dt, Tamil Nadu.
The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹53.06 Cr. The company has closed loans amounting to ₹26.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinothkumar Usha, Vinothkumar, and Kalyanasundaram serve as directors at the Company.
Company Details
- Location Chengai Mgr Dt, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28910TN1992PLC021959
- Company No.
021959
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jan 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Machinery and Equipment
What products or services does Accurate Steel Forgings (India) Limited offer?
Accurate Steel Forgings (India) Limited offers a wide range of products and services, including Steering Parts & Components, Steering Parts, Industrial Valves & Valve Fittings, Valve Accessories, Drivetrain Components.
Accurate Steel Forgings (India) Limited
Explore comprehensive data for Accurate Steel Forgings (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Accurate Steel Forgings (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinothkumar  | Managing Director | 06-Apr-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinothkumar Usha | Director | 01-Oct-1999 | Current |
| Kalyanasundaram | Whole-Time Director | 06-Jan-1992 | Current |
Financial Performance of Accurate Steel Forgings (India).
Accurate Steel Forgings (India) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.76% decrease. The company also saw a substantial fall in profitability, with a 33.35% decrease in profit. The company's net worth Soared by an impressive increase of 18.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Accurate Steel Forgings (India)?
In 2023, Accurate Steel Forgings (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.
Related Corporates (Common Directorship)
Association Of Indian Forging IndustryVinothkumar is a mutual person
Merind Die Cast Private LimitedVinothkumar is a mutual person
- Merind Automotive Private Limited
Vinothkumar is a mutual person
Charges (Loans)
Open Charges
₹53.06 Cr
Satisfied Charges
₹26.09 Cr
Charges Breakdown by Lending Institutions
- Sidbi : 41.06 Cr
- Others : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2024 | Sidbi | ₹2.33 Cr | Open |
| 09 Oct 2023 | Sidbi | ₹3.00 Cr | Open |
| 15 Sep 2023 | Sidbi | ₹7.50 Cr | Open |
| 03 Oct 2022 | Sidbi | ₹11.25 Cr | Open |
| 02 Mar 2022 | Sidbi | ₹3.40 Cr | Open |
How Many Employees Work at Accurate Steel Forgings (India)?
Accurate Steel Forgings (India) has a workforce of 245 employees as of Nov 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Accurate Steel Forgings (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 Accurate Steel Forgings (India)'s trajectory.
Rating
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
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 Accurate Steel Forgings (India)
Recent activity within the organization
- Charges
A charge with Sidbi amounted to Rs. 2.33 Cr with Charge ID 100985874 was registered on 15 Oct 2024.
- Charges
A charge registered on 30 Dec 2020 via Charge ID 100398817 with Sidbi was fully satisfied on 26 Apr 2024.
- Charges
A charge registered on 04 Dec 2019 via Charge ID 100306064 with Sidbi was fully satisfied on 26 Apr 2024.
- Charges
A charge registered on 08 Aug 2019 via Charge ID 100281142 with Sidbi was fully satisfied on 26 Apr 2024.
- Charges
A charge registered on 30 Jan 2019 via Charge ID 100233863 with Sidbi was fully satisfied on 26 Apr 2024.
- Charges
A charge registered on 22 Mar 2018 via Charge ID 100184792 with Sidbi was fully satisfied on 26 Apr 2024.
Frequently asked questions
What is the Incorporation or founding date of Accurate Steel Forgings (India) Limited?
Accurate Steel Forgings (India) Limited was incorporated on 06 Jan 1992.
What is authorized share capital and paid-up capital of Accurate Steel Forgings (India) Limited?
The authorized share capital of Accurate Steel Forgings (India) Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Accurate Steel Forgings (India) Limited?
Currently 3 directors are associated with Accurate Steel Forgings (India) Limited.
- Vinothkumar Usha
- Vinothkumar
- Kalyanasundaram
What is the registered address of Accurate Steel Forgings (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Steel Forgings (India) Limited is Developed Plot No.33 Sidcoindustrial Estate Thirumazhisai, India, Chengai Mgr Dt, Tamil Nadu, 602107.
What is the corporate identification number (CIN) and company number of Accurate Steel Forgings (India) Limited?
The corporate identification number (CIN) of Accurate Steel Forgings (India) Limited is U28910TN1992PLC021959 and the company number is 021959 as per Ministry of Corporate Affairs (MCA).
What is the official website of Accurate Steel Forgings (India) Limited?
The Official website of Accurate Steel Forgings (India) Limited is https://www.asfindia.com
What has been the recent revenue trend for Accurate Steel Forgings (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Accurate Steel Forgings (India) Limited has fallen by -1.76%.
How many employees does Accurate Steel Forgings (India) Limited currently have?
As Per 2023 financial reports, 245 employees are currently employed by Accurate Steel Forgings (India) Limited.
What change has been observed in the net worth of Accurate Steel Forgings (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Accurate Steel Forgings (India) Limited has experienced an upsurge of 18.85%.
What are the total open charges for Accurate Steel Forgings (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Accurate Steel Forgings (India) Limited amount to ₹ 53.06 Cr.
When was the last Balance Sheet of Accurate Steel Forgings (India) Limited filed with the ROC?
The most recent Balance Sheet for Accurate Steel Forgings (India) Limited was filed with the ROC on 31 Mar 2023.
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