Ashapura Minechem Profile
Key Indicators
- Authorised Capital ₹ 90.00 Cr
as on 07-07-2024
- Paid Up Capital ₹ 18.30 Cr
as on 07-07-2024
- Company Age 42 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,028.27 Cr
as on 07-07-2024
- Satisfied Charges ₹ 172.12 Cr
as on 07-07-2024
- Revenue 41.00%
(FY 2022)
- Profit -128.14%
(FY 2022)
- Ebitda -90.59%
(FY 2022)
- Net Worth -29.25%
(FY 2022)
- Total Assets -5.28%
(FY 2022)
About Ashapura Minechem
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 2023. It's a company limited by shares with an authorized capital of Rs 90.00 Cr and a paid-up capital of Rs 18.30 Cr.
The company currently has active open charges totaling ₹2,028.27 Cr. The company has closed loans amounting to ₹172.12 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, Harish Motiwalla, Hemul Shah, and Three other members serve as directors at the Company.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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.
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 | 16-Feb-2020 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pundarik Sanyal | Director | 09-Feb-2016 | Current |
| Chetan Shah | Director | 19-Feb-1982 | Current |
| Harish Motiwalla | Director | 29-Jul-2009 | Current |
| Hemul Shah | Whole-Time Director | 16-Feb-2020 | Current |
| Himani Shah | Director | 10-Feb-2020 | Current |
| Neeta Shah | Director | 11-Nov-2020 | Current |
Financial Performance and Corporate Structure Insights of Ashapura Minechem.
Ashapura Minechem Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 41% increase. The company also saw a substantial fall in profitability, with a 128.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ashapura Minechem?
In 2021, Ashapura Minechem had a promoter holding of 41.42% and a public holding of 58.57%. The company had 9 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ashapura Perfoclay LimitedActive 27 years 8 monthsChetan Shah, Harish Motiwalla and 1 more are mutual person
Ashapura Arcadia Logistic Private LimitedActive 18 years 2 monthsChetan Shah and Hemul Shah are mutual person
Bombay Minerals LimitedActive 71 years 10 monthsChetan Shah, Hemul Shah and 1 more are mutual person
- Ashapura International LimitedActive 35 years 3 days
Chetan Shah, Harish Motiwalla and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Nov 2022 | ₹5.00 Cr | Open |
Others Creation Date: 28 Oct 2022 | ₹2.68 Cr | Open |
Others Creation Date: 03 Jan 2018 | ₹206.50 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.
