Asahi Songwon Colors Profile
Key Indicators
- Authorised Capital ₹ 16.50 Cr
- Paid Up Capital ₹ 11.79 Cr
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 225.38 Cr
- Satisfied Charges ₹ 25.58 Cr
- Revenue Growth -15.78%
- Profit Growth -119.47%
- Ebitda -80.38%
- Net Worth -6.66%
- Total Assets 3.30%
About Asahi Songwon Colors
Asahi Songwon Colors Limited (ASCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 December 1990 and has a history of 34 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532853 and on the National Stock Exchange(NSE) under ASAHISONG.
The Corporate was formerly known as Asahi Songwon Colors Limited (Lucky Laminates). The Company is engaged in the Chemicals And Materials 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 16.50 Cr and a paid-up capital of Rs 11.79 Cr.
The company currently has active open charges totaling ₹225.38 Cr. The company has closed loans amounting to ₹25.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asahi Songwon Colors Limited India are Saji Joseph as COMPANY SECRETARY and Pratik Shah as Cfo. Samvegbhai Lalbhai, Sudhin Choksey, Gokul Jaykrishna, and Six other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Asahi Songwon Colors?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gokul Jaykrishna
|
Managing Director | 08-Mar-1996 | Current |
|
Paru Jaykrishna
|
Managing Director | 19-Dec-1990 | Current |
|
Saji Joseph
|
Company Secretary | 26-Sep-2009 | Current |
| Pratik Shah | CFO | 08-Oct-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sudhin Choksey
|
Director | 09-Sep-2024 | Current |
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Samvegbhai Lalbhai
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Director | 28-Sep-2024 | Current |
|
Munjal Jaykrishna
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Director | 08-Mar-1996 | Current |
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Anilkumar Jain
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Director | 19-Sep-2024 | Current |
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Arjun Jaykrishna
|
Whole-Time Director | 14-Oct-2019 | Current |
|
Shivani Lakhia
|
Director | 24-Mar-2022 | Current |
Financial Performance of Asahi Songwon Colors.
Asahi Songwon Colors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.78% decrease. The company also saw a substantial fall in profitability, with a 119.47% decrease in profit. The company's net worth dipped by a decrease of 6.66%.
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What is the Ownership and Shareholding Structure of Asahi Songwon Colors?
In 2023, Asahi Songwon Colors had a promoter holding of 66.73% and a public holding of 33.28%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vibrant Industrial Park LimitedAnilkumar Jain is a mutual person
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Gujarat Ambuja Exports LimitedSudhin Choksey is a mutual person
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Kuhoo Finance Private LimitedSudhin Choksey is a mutual person
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Kuhoo Technology Services Private Limited
Sudhin Choksey is a mutual person
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Fairchem Organics LimitedSudhin Choksey is a mutual person
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Aksharchem (India ) LimitedGokul Jaykrishna, Munjal Jaykrishna and 1 more are mutual person
Charges (Loans)
₹225.38 Cr
₹25.58 Cr
Charges Breakdown by Lending Institutions
- Others : 180.00 Cr
- Hdfc Bank Limited : 34.88 Cr
- State Bank Of India : 10.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2022 | Hdfc Bank Limited | ₹34.88 Cr | Open |
| 22 Jun 2004 | Others | ₹90.00 Cr | Open |
| 24 May 2004 | Others | ₹90.00 Cr | Open |
| 07 Jan 1994 | State Bank Of India | ₹5.75 Cr | Open |
| 07 Jan 1994 | State Bank Of India | ₹4.55 Cr | Open |
How Many Employees Work at Asahi Songwon Colors?
Asahi Songwon Colors has a workforce of 242 employees as of Aug 03, 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 Asahi Songwon Colors, 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 Asahi Songwon Colors'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.
