Asc Forgings Private Limited

Manufactures and trades iron and steel items, imports and exports globally.

2005 | Active
Last Updated: November 16, 2024

Asc Forgings Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.70 M
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.45 Cr
  • Satisfied Charges ₹ 2.04 M
  • Revenue Growth 44.83%
  • Profit Growth 2.21%
  • Ebitda 64.52%
  • Net Worth 3.57%
  • Total Assets 57.62%

About Asc Forgings

Asc Forgings Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 2005 and has a history of 19 years and seven months. Its registered office is in Na, West Bengal.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.70 M.

The company currently has active open charges totaling ₹1.45 Cr. The company has closed loans amounting to ₹2.04 M, as per Ministry of Corporate Affairs (MCA) records.

Arun Agarwal and Vatsal Agarwal serve as directors at the Company.

Company Details

  • Location Na, West Bengal
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2005PTC104303

  • Company No.

    104303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Asc Forgings Private Limited offer?

Asc Forgings Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Round Bars, Industrial Steel, Alloy Steel, Die Steels, Hot Die Steel, Steel & Stainless Steel Products, Sheet Metal & Turned Components, Machine Parts, Steel Bars.

Who are the key members and board of directors at Asc Forgings?

Board Members (2)

NameDesignationAppointment DateStatus
Vatsal Agarwal Country flag representing In Director 11-Apr-2022Current
Arun Agarwal Country flag representing In Director 20-Jul-2005Current

Financial Performance of Asc Forgings.

Asc Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.83% increase. The company also saw a slight improvement in profitability, with a 2.21% increase in profit. The company's net worth moved up by a moderate rise of 3.57%.

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
44.83%
Revenue from Operations
47.17%
Total Assets
57.62%
Profit or Loss
2.21%
Net Worth
3.57%
EBITDA
64.52%

What is the Ownership and Shareholding Structure of Asc Forgings?

In 2023, Asc Forgings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.50 M

Satisfied Charges

₹2.04 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.34 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2024Hdfc Bank Limited₹1.10 MOpen
16 Sep 2023State Bank Of India₹1.34 CrOpen
06 Oct 2018Others₹2.04 MSatisfied

How Many Employees Work at Asc Forgings?

Asc Forgings has a workforce of 7 employees as of Apr 08, 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 Asc Forgings, 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 Asc Forgings'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 Asc Forgings

Recent activity within the organization

  • Annual General Meeting

    Asc Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Asc Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 100912591 was registered on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge with State Bank Of India of Rs. 13.40 M registered on 16 Sep 2023 with Charge ID 100785866 was modified on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 13.40 M with Charge ID 100785866 was registered on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge registered on 06 Oct 2018 via Charge ID 100213426 with Others was fully satisfied on 16 Jun 2023.

    16 Jun 2023

Frequently asked questions

  • Asc Forgings Private Limited was incorporated on 20 Jul 2005.

  • The authorized share capital of Asc Forgings Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.70 M.

  • Currently 2 directors are associated with Asc Forgings Private Limited.

    • Arun Kumar Agarwal
    • Vatsal Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asc Forgings Private Limited is 23A N.S.Road 7Th Floor R.No.2, Kol-700001 India, Na, West Bengal.

  • The corporate identification number (CIN) of Asc Forgings Private Limited is U27109WB2005PTC104303 and the company number is 104303 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asc Forgings Private Limited has risen by 44.83%.

  • As Per 2023 financial reports, 7 employees are currently employed by Asc Forgings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asc Forgings Private Limited has experienced an upsurge of 3.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asc Forgings Private Limited amount to ₹ 1.45 Cr.

  • The most recent Balance Sheet for Asc Forgings Private Limited was filed with the ROC on 31 Mar 2024.

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