Ahmedabad Steel Craft Limited

Founded in 1972 and headquartered in Gujarat, India.

1972 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 24, 2024

Ahmedabad Steel Craft Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 52 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.32 Cr
  • Satisfied Charges ₹ 14.20 Cr
  • Revenue Growth 94.56%
  • Profit Growth -9.47%
  • Ebitda -4.95%
  • Net Worth -1.92%
  • Total Assets -0.85%

About Ahmedabad Steel Craft

Ahmedabad Steel Craft Limited (ASCL) was founded in India on 14 July 1972 and has a glorious history of 52 years and six months.Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522273.

The Corporate was formerly known as Ahmedabad Steel-Craft & Rolling Mills P Ltd. 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 5.00 Cr and a paid-up capital of Rs 4.09 Cr.

The company currently has active open charges totaling ₹7.32 Cr. The company has closed loans amounting to ₹14.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ahmedabad Steel Craft Limited India are Arjun Shah as Cfo, Siddhi Shah as Company Secretary, and Viral Jhaveri as Ceo. Shreyas Sheth, Aniruddh Jhaveri, Shrujal Patel, and Six other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109GJ1972PLC011500

  • Company No.

    011500

  • Stock Symbol

    BSE : 522273

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1972

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Ahmedabad Steel Craft Limited offer?

Ahmedabad Steel Craft Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Industrial Steel.

Who are the key members and board of directors at Ahmedabad Steel Craft?

Executive Team (5)

Name Designation Appointment Date Status
Arjun Shah CFO 13-Aug-2022 Current
Siddhi Shah Country flag representing In Company Secretary 03-Feb-2023 Current
Viral Jhaveri Country flag representing In CEO 13-Aug-2022 Current
Darshan Jhaveri Country flag representing In Managing Director 29-Jun-1995 Current
Anand Shah Country flag representing In Managing Director 13-Aug-2022 Current

Board Members (7)

Name Designation Appointment Date Status
Kartikeya Shashankbhai Country flag representing In Whole-Time Director 17-May-2019 Current
Shreyas Sheth Country flag representing In Director 29-May-2018 Current
Aniruddh Jhaveri Country flag representing In Director 17-May-2019 Current
Shrujal Patel Country flag representing In Director 23-Jan-2014 Current
Anand Jhaveri Country flag representing In Whole-Time Director 20-Mar-1995 Current
Ashok Gandhi Country flag representing In Director 10-Jun-1994 Current

Financial Performance of Ahmedabad Steel Craft.

Ahmedabad Steel Craft Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 94.56% increase. The company also saw a slight decrease in profitability, with a 9.47% decrease in profit. The company's net worth dipped by a decrease of 1.92%.

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
94.56%
Revenue from Operations
214.41%
Total Assets
-0.85%
Profit or Loss
-9.47%
Net Worth
-1.92%
EBITDA
-4.95%

What is the Ownership and Shareholding Structure of Ahmedabad Steel Craft?

In 2022, Ahmedabad Steel Craft had a promoter holding of 66.23% and a public holding of 33.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.32 Cr

Satisfied Charges

₹14.20 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 7.13 Cr
  • Gujarat State Finance Corporation : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 1994 Central Bank Of India ₹7.50 M Open
16 Sep 1994 Central Bank Of India ₹8.00 M Open
18 Dec 1989 Central Bank Of India ₹1.50 Cr Open
18 May 1989 Central Bank Of India ₹1.06 Cr Open
01 Sep 1988 Central Bank Of India ₹1.06 Cr Open

How Many Employees Work at Ahmedabad Steel Craft?

Ahmedabad Steel Craft has a workforce of 10 employees as of Mar 30, 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 Ahmedabad Steel Craft, 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 Ahmedabad Steel Craft'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 Ahmedabad Steel Craft

Recent activity within the organization

  • Annual General Meeting

    Ahmedabad Steel Craft Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Ahmedabad Steel Craft Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Aniruddh Darshanbhai Jhaveri was appointed as a Director was appointed as a Director on 17 May 2019 & has been associated with this company since 5 years 8 months .

    17 May 2019

  • Director Appointment

    Kartikeya Shah Shashankbhai was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 May 2019 & has been associated with this company since 5 years 8 months .

    17 May 2019

  • Director Appointment

    Shreyas Chinubhai Sheth was appointed as a Director was appointed as a Director on 29 May 2018 & has been associated with this company since 6 years 8 months .

    29 May 2018

  • Director Appointment

    Nitaben Girishchandra Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Jan 2015 & has been associated with this company since 10 years 10 days .

    22 Jan 2015

Frequently asked questions

  • Ahmedabad Steel Craft Limited was incorporated on 14 Jul 1972.

  • The authorized share capital of Ahmedabad Steel Craft Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.09 Cr.

  • Currently 12 directors are associated with Ahmedabad Steel Craft Limited.

    • Shreyas Chinubhai Sheth
    • Arjun Anand Shah
    • Siddhi Jayendra Shah
    • Viral Anilbhai Jhaveri
    • Aniruddh Darshanbhai Jhaveri
    • Shrujal Sudhirbhai Patel
    • Kartikeya Shah Shashankbhai
    • Anand Navinchandra Jhaveri
    • Darshan Ashokbhai Jhaveri
    • Ashok Chandrakant Gandhi
    • Anand Vipinchandra Shah
    • Nitaben Girishchandra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ahmedabad Steel Craft Limited is N.T. 604 One-42 Complex B/H Ashok Vatika, Nr. Jayantilal Park Brts Ambli Bopal Road, Ahmedabad, Gujarat, India, 380058.

  • The corporate identification number (CIN) of Ahmedabad Steel Craft Limited is L27109GJ1972PLC011500 and the company number is 011500 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ahmedabad Steel Craft Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ahmedabad Steel Craft Limited is https://www.steelcraft.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ahmedabad Steel Craft Limited has risen by 94.56%.

  • As Per 2023 financial reports, 10 employees are currently employed by Ahmedabad Steel Craft Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ahmedabad Steel Craft Limited has experienced an downturn of -1.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ahmedabad Steel Craft Limited amount to ₹ 7.32 Cr.

  • The most recent Balance Sheet for Ahmedabad Steel Craft Limited was filed with the ROC on 31 Mar 2023.

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