Ashapura Minechem Profile
Key Indicators
- Authorised Capital ₹ 90.00 Cr
- Paid Up Capital ₹ 19.11 Cr
- Company Age 43 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,028.27 Cr
- Satisfied Charges ₹ 226.26 Cr
- Revenue Growth 31.91%
- Profit Growth 2474.13%
- Ebitda 1186.44%
- Net Worth 477.02%
- Total Assets -4.38%
About Ashapura Minechem
Ashapura Minechem Ltd (AML) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 February 1982 and has a history of 43 years and three months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 527001 and on the National Stock Exchange(NSE) under SHAPURMIN.
The Corporate was formerly known as Ashapura Minechem Pvt 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 2024. It's a company limited by shares with an authorized capital of Rs 90.00 Cr and a paid-up capital of Rs 19.11 Cr.
The company currently has active open charges totaling ₹2,028.27 Cr. The company has closed loans amounting to ₹226.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ashapura Minechem Ltd India are Sachin Polke as Company Secretary, Ashish Desai as Cfo, and Hemul Shah as Ceo. Chetan Shah, Hemul Shah, Dipak Vora, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Metals and Minerals
What products or services does Ashapura Minechem Ltd offer?
Ashapura Minechem Ltd offers a wide range of products and services, including Adhesives, Glue and Sealants, Adhesive Chemical, Industrial Chemicals & Supplies, Waterproofing Chemicals, Drilling, Boring & Mining Services, Boring Services, Minerals and Ores, Quartz Ore, Tile Adhesives, Cement and Concrete.
Ashapura Minechem Ltd
Explore comprehensive data for Ashapura Minechem Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ashapura Minechem?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachin Polke  | Company Secretary | 01-Jul-2002 | Current |
| Ashish Desai | CFO | 12-Jun-2019 | Current |
| Hemul Shah | CEO | 30-Dec-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pundarik Sanyal | Director | 09-Feb-2016 | Current |
| Chetan Shah | Director | 19-Feb-1982 | Current |
| Hemul Shah | Whole-Time Director | 30-Dec-2020 | Current |
| Dipak Vora | Additional Director | 23-Jan-2025 | Current |
| Himani Shah | Director | 10-Feb-2020 | Current |
| Neeta Shah | Director | 11-Nov-2020 | Current |
Financial Performance of Ashapura Minechem.
Ashapura Minechem Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 31.91% increase. The company also saw a substantial improvement in profitability, with a 2474.13% increase in profit. The company's net worth Soared by an impressive increase of 477.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ashapura Minechem?
In 2024, Ashapura Minechem had a promoter holding of 45.39% and a public holding of 54.61%. The company had 10 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ashapura Perfoclay LimitedChetan Shah and Pundarik Sanyal are mutual person
Ashapura Arcadia Logistic Private LimitedChetan Shah and Hemul Shah are mutual person
- Bombay Minerals Limited
Chetan Shah, Hemul Shah and 1 more are mutual person
- Ashapura International Limited
Chetan Shah, Hemul Shah and 1 more are mutual person
- Ashapura Resources Private Limited
Chetan Shah is a mutual person
- Ashapura Overseas Private Limited
Chetan Shah is a mutual person
Charges (Loans)
Open Charges
₹2,028.27 Cr
Satisfied Charges
₹226.26 Cr
Charges Breakdown by Lending Institutions
- Bank Of India & 10 Others : 1600.00 Cr
- Others : 214.18 Cr
- Union Bank Of India : 144.77 Cr
- Edelweiss Asset Reconstruction Company Limited : 31.09 Cr
- Hdfc Bank Limited : 25.00 Cr
- Others : 13.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2022 | Others | ₹5.00 Cr | Open |
| 28 Oct 2022 | Others | ₹2.68 Cr | Open |
| 03 Jan 2018 | Others | ₹206.50 Cr | Open |
| 08 Oct 2010 | Union Bank Of India | ₹55.77 Cr | Open |
| 01 Sep 2009 | Hdfc Bank Limited | ₹25.00 Cr | Open |
How Many Employees Work at Ashapura Minechem?
Ashapura Minechem has a workforce of 269 employees as of Apr 06, 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 Ashapura Minechem, 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 Ashapura Minechem'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 Ashapura Minechem
Recent activity within the organization
- Director Appointment
Dipak Vora was appointed as a Additional Director was appointed as a Additional Director on 23 Jan 2025 & has been associated with this company since 4 months 3 days .
- Charges
A charge registered on 08 Jan 2004 via Charge ID 101003852 with Export Import Bank Of India was fully satisfied on 20 Dec 2024.
- Charges
A charge registered on 19 Jul 2003 via Charge ID 101004421 with Export Import Bank Of India was fully satisfied on 20 Dec 2024.
- Charges
A charge registered on 17 Jul 2003 via Charge ID 101004277 with Export Import Bank Of India was fully satisfied on 20 Dec 2024.
- Charges
A charge registered on 17 Mar 2003 via Charge ID 101001265 with Export-Import Bank Of India was fully satisfied on 20 Dec 2024.
- Charges
A charge registered on 19 Nov 2002 via Charge ID 101003851 with Export Import Bank Of India was fully satisfied on 20 Dec 2024.
Recent News, Updates & Announcement
- Bentonite Market to hit US$1.85 Billion by 2024 With Rising Demand for Smart Infrastructure - TMR.
/PRNewswire/ -- The global bentonite market has a highly consolidated vendor landscape, says Transparency Market Research, in a recently published report.....
Frequently asked questions
What is the Incorporation or founding date of Ashapura Minechem Ltd?
Ashapura Minechem Ltd was incorporated on 19 Feb 1982.
What is authorized share capital and paid-up capital of Ashapura Minechem Ltd?
The authorized share capital of Ashapura Minechem Ltd is ₹ 90.00 Cr and paid-up capital is ₹ 19.11 Cr.
Who are the current board members & directors of Ashapura Minechem Ltd?
Currently 9 directors are associated with Ashapura Minechem Ltd.
- Chetan Navnitlal Shah
- Hemul Ramesh Shah
- Dipak Vora
- Pundarik Sanyal
- Himani Chetan Shah
- Neeta Sunil Shah
- Sachin Prakash Polke
- Ashish Sureshchandra Desai
- Hemul Ramesh Shah
What is the registered address of Ashapura Minechem Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Ashapura Minechem Ltd is Jeevan Udyog Bldg. 3 Rd Floor 278 D. N. Rd, Fort India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Ashapura Minechem Ltd?
The corporate identification number (CIN) of Ashapura Minechem Ltd is L14108MH1982PLC026396 and the company number is 026396 as per Ministry of Corporate Affairs (MCA).
Is Ashapura Minechem Ltd registered with any stock exchange in India?
Yes, Ashapura Minechem Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SHAPURMIN.
What is the official website of Ashapura Minechem Ltd?
The Official website of Ashapura Minechem Ltd is https://www.ashapura.com
What has been the recent revenue trend for Ashapura Minechem Ltd?
According to the financial reports for the fiscal year 2024, the revenue trend for Ashapura Minechem Ltd has risen by 31.91%.
How many employees does Ashapura Minechem Ltd currently have?
As Per 2024 financial reports, 269 employees are currently employed by Ashapura Minechem Ltd.
What change has been observed in the net worth of Ashapura Minechem Ltd, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Ashapura Minechem Ltd has experienced an upsurge of 477.02%.
What are the total open charges for Ashapura Minechem Ltd?
As per the financial statements for fiscal Year 2024, The total open charges for Ashapura Minechem Ltd amount to ₹ 2,028.27 Cr.
When was the last Balance Sheet of Ashapura Minechem Ltd filed with the ROC?
The most recent Balance Sheet for Ashapura Minechem Ltd was filed with the ROC on 31 Mar 2024.
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