

Advance Steel Tubes Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 7.40 M
- Company Age 46 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 87.55 Cr
- Satisfied Charges ₹ 78.16 Cr
- Revenue Growth 38.74%
- Profit Growth 24.23%
- Ebitda -132.97%
- Net Worth 5.48%
- Total Assets -4.26%
About Advance Steel Tubes
Advance Steel Tubes Limited (ASTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 March 1978 and has a history of 46 years and 11 months. Its registered office is in Uttar Pradesh, Uttar Pradesh.
The Corporate was formerly known as Diwakar Investments Limited. The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 7.40 M.
The company currently has active open charges totaling ₹87.55 Cr. The company has closed loans amounting to ₹78.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advance Steel Tubes Limited India are Parul Misra as COMPANY SECRETARY and Vatsal Agarwal as Cfo. Aashish Agarwal, Lalit Agarwal, Deoki Nandan, and Three other members serve as directors at the Company.
Company Details
- Location Uttar Pradesh, Uttar Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L24231UP1978PLC004583
- Company No.
004583
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Mar 1978
- Date of AGM
13 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Kanpur
Industry
What products or services does Advance Steel Tubes Limited offer?
Advance Steel Tubes Limited offers a wide range of products and services, including Antennas, Wifi & Communication Tower, Communication Towers, PVC, FRP, HDPE & Other Plastic Pipes, UPVC Water Pipes, Road Barriers & Safety, Road Safety Products, Steel & Stainless Steel Products, Industrial Steel, Steel Pipes, Steel Tubes.
Who are the key members and board of directors at Advance Steel Tubes?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Deoki Nandan ![]() | Managing Director | 12-Mar-1979 | Current |
Parul Misra ![]() | Company Secretary | 03-Nov-2011 | Current |
Vatsal Agarwal ![]() | CFO | 03-Sep-2014 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Aashish Agarwal ![]() | Director | 17-Aug-2015 | Current |
Lalit Agarwal ![]() | Director | 14-Nov-1987 | Current |
Deepika Gaur ![]() | Director | 27-Jun-2024 | Current |
Ankita Mathpal ![]() | Director | 27-Jun-2024 | Current |
Divya Chawla ![]() | Director | 30-Mar-2024 | Current |
Financial Performance of Advance Steel Tubes.
Advance Steel Tubes Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.74% increase. The company also saw a substantial improvement in profitability, with a 24.23% increase in profit. The company's net worth moved up by a moderate rise of 5.48%.


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What is the Ownership and Shareholding Structure of Advance Steel Tubes?
In 2021, Advance Steel Tubes had a promoter holding of 74.95% and a public holding of 25.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Vn Realtors Private Limited
Aashish Agarwal is a mutual person
- Sophia Exports Limited
Lalit Agarwal, Ankita Mathpal and 1 more are mutual person
- Marda Commercial & Holdings Ltd
Lalit Agarwal and Ankita Mathpal are mutual person
- Farsight Securities Limited
Deoki Nandan is a mutual person
- Tirupati Structurals Limited
Aashish Agarwal and Lalit Agarwal are mutual person
- Advance Ispat (India) Limited
Aashish Agarwal, Lalit Agarwal and 1 more are mutual person
Charges (Loans)
₹87.55 Cr
₹78.16 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 49.54 Cr
- Hdfc Bank Limited : 31.82 Cr
- Others : 6.20 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
14 Sep 2023 | Hdfc Bank Limited | ₹0.39 M | Open |
07 Oct 2022 | Hdfc Bank Limited | ₹1.80 M | Open |
21 Mar 2020 | Others | ₹6.00 Cr | Open |
03 Jul 2019 | Hdfc Bank Limited | ₹31.60 Cr | Open |
10 May 2019 | Others | ₹2.00 M | Open |
How Many Employees Work at Advance Steel Tubes?
Advance Steel Tubes has a workforce of 208 employees as of Mar 22, 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 Advance Steel Tubes, 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 Advance Steel Tubes'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 Advance Steel Tubes
Recent activity within the organization
- Annual General Meeting
Advance Steel Tubes Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.
- Director Appointment
Deepika Gaur was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 8 months 11 days .
- Director Appointment
Ankita Mathpal was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 8 months 11 days .
- Balance Sheet
Advance Steel Tubes Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
- Director Appointment
Divya Chawla was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 11 months 9 days .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100803960 was registered on 14 Sep 2023.
Frequently asked questions
What is the Incorporation or founding date of Advance Steel Tubes Limited?
Advance Steel Tubes Limited was incorporated on 23 Mar 1978.
What is authorized share capital and paid-up capital of Advance Steel Tubes Limited?
The authorized share capital of Advance Steel Tubes Limited is ₹ 5.00 Cr and paid-up capital is ₹ 7.40 M.
Who are the current board members & directors of Advance Steel Tubes Limited?
Currently 8 directors are associated with Advance Steel Tubes Limited.
- Aashish Agarwal
- Lalit Agarwal
- Deoki Agrawal Nandan
- Deepika Gaur
- Parul Misra
- Vatsal Agarwal
- Ankita Mathpal
- Divya Chawla
What is the registered address of Advance Steel Tubes Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advance Steel Tubes Limited is 45/3 Industrial Areasite Iv Sahiba Bad Ghaziabad India, Uttar Pradesh, 201020.
What is the corporate identification number (CIN) and company number of Advance Steel Tubes Limited?
The corporate identification number (CIN) of Advance Steel Tubes Limited is L24231UP1978PLC004583 and the company number is 004583 as per Ministry of Corporate Affairs (MCA).
What is the official website of Advance Steel Tubes Limited?
The Official website of Advance Steel Tubes Limited is https://www.advance.co.in
What has been the recent revenue trend for Advance Steel Tubes Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Advance Steel Tubes Limited has risen by 38.74%.
How many employees does Advance Steel Tubes Limited currently have?
As Per 2022 financial reports, 208 employees are currently employed by Advance Steel Tubes Limited.
What change has been observed in the net worth of Advance Steel Tubes Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Advance Steel Tubes Limited has experienced an upsurge of 5.48%.
What are the total open charges for Advance Steel Tubes Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Advance Steel Tubes Limited amount to ₹ 87.55 Cr.
When was the last Balance Sheet of Advance Steel Tubes Limited filed with the ROC?
The most recent Balance Sheet for Advance Steel Tubes Limited was filed with the ROC on 31 Mar 2024.
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