Adarsh Stainless Private Limited

Imports and exports industrial raw materials such as scrap, pipes, plates, and bars.

2008 | Pune, Maharashtra (India) | Active
Last Updated: January 09, 2025

Adarsh Stainless Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.02 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.24 Cr
  • Satisfied Charges ₹ 13.84 Cr
  • Revenue Growth -19.09%
  • Profit Growth -4.71%
  • Ebitda -20.16%
  • Net Worth 5.82%
  • Total Assets -15.36%

About Adarsh Stainless

Adarsh Stainless Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 2008 and has a history of 16 years and 11 months. Its registered office is in Pune, Maharashtra, 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 10.00 Cr and a paid-up capital of Rs 7.02 Cr.

The company currently has active open charges totaling ₹43.24 Cr. The company has closed loans amounting to ₹13.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lalit Mehta, Himanshu Kanungo, Diveshkumar Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adarshstainless.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100PN2008PTC131683

  • Company No.

    131683

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Metals and Minerals

What products or services does Adarsh Stainless Private Limited offer?

Adarsh Stainless Private Limited offers a wide range of products and services, including Metal Scrap & Waste Materials, Steel Scrap, Steel Rods, Stainless Steel Wire Rod, Solar Water Heater Tubes & Accessories, Solar Heat Pipe Tube, Non Ferrous Metal Scraps, Heavy Metal Scraps, Steel Products, Steel Billets.

Who are the key members and board of directors at Adarsh Stainless?

Board Members (4)

NameDesignationAppointment DateStatus
Lalit Mehta Country flag representing In Director 26-Mar-2008Current
Himanshu Kanungo Country flag representing In Additional Director 06-Jul-2023Current
Diveshkumar Jain Additional Director 17-Feb-2023Current
Bhavya Jain Country flag representing In Additional Director 26-Jul-2022Current

Financial Performance of Adarsh Stainless.

Adarsh Stainless Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.09% decrease. The company also saw a slight decrease in profitability, with a 4.71% decrease in profit. The company's net worth moved up by a moderate rise of 5.82%.

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
-19.09%
Revenue from Operations
-19.96%
Total Assets
-15.36%
Profit or Loss
-4.71%
Net Worth
5.82%
EBITDA
-20.16%

What is the Ownership and Shareholding Structure of Adarsh Stainless?

In 2023, Adarsh Stainless had a promoter holding of 99.98% and a public holding of 0.02%. The company had 1 Subsidiary and 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

₹43.24 Cr

Satisfied Charges

₹13.84 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 23.00 Cr
  • Others : 20.00 Cr
  • Hdfc Bank Limited : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2023Others₹20.00 CrOpen
19 Jun 2021Hdfc Bank Limited₹2.40 MOpen
20 Mar 2015Axis Bank Limited₹23.00 CrOpen
13 Aug 2015Yes Bank Limited₹2.50 CrSatisfied
09 Aug 2010Yes Bank Limited₹3.84 CrSatisfied

How Many Employees Work at Adarsh Stainless?

Adarsh Stainless has a workforce of 18 employees as of Mar 29, 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 Adarsh Stainless, 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 Adarsh Stainless'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 Adarsh Stainless

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 07 Nov 2023 with Charge ID 100816661 was modified on 25 Apr 2024.

    25 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100816661 was registered on 07 Nov 2023.

    07 Nov 2023

  • Annual General Meeting

    Adarsh Stainless Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Himanshu Kanungo was appointed as a Additional Director was appointed as a Additional Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

    06 Jul 2023

  • Balance Sheet

    Adarsh Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Diveshkumar Jain was appointed as a Additional Director was appointed as a Additional Director on 17 Feb 2023 & has been associated with this company since 2 years 8 days .

    17 Feb 2023

Frequently asked questions

  • Adarsh Stainless Private Limited was incorporated on 26 Mar 2008.

  • The authorized share capital of Adarsh Stainless Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.02 Cr.

  • Currently 4 directors are associated with Adarsh Stainless Private Limited.

    • Lalit Parasmalji Mehta
    • Himanshu Kanungo
    • Diveshkumar Jain
    • Bhavya Jabarmal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adarsh Stainless Private Limited is 21-23 Mangal Arcade 2Nd Flr Telco Road, Chinchwad India, Pune, Maharashtra, 411019.

  • The corporate identification number (CIN) of Adarsh Stainless Private Limited is U27100PN2008PTC131683 and the company number is 131683 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Adarsh Stainless Private Limited is https://www.adarshstainless.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adarsh Stainless Private Limited has fallen by -19.09%.

  • As Per 2023 financial reports, 18 employees are currently employed by Adarsh Stainless Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adarsh Stainless Private Limited has experienced an upsurge of 5.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Adarsh Stainless Private Limited amount to ₹ 43.24 Cr.

  • The most recent Balance Sheet for Adarsh Stainless Private Limited was filed with the ROC on 31 Mar 2023.

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