Ashika Sarees Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 4.30 Cr
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.26 Cr
- Satisfied Charges ₹ 42.79 Cr
- Revenue Growth -76.60%
- Profit Growth -99.33%
- Ebitda 101.30%
- Net Worth 0.21%
- Total Assets -6.58%
About Ashika Sarees
Ashika Sarees Ltd (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 February 1994 and has a history of 30 years and 11 months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Ashika Sarees Private Limited. The Company is engaged in the Fashion And Textile 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 6.50 Cr and a paid-up capital of Rs 4.30 Cr.
The company currently has active open charges totaling ₹6.26 Cr. The company has closed loans amounting to ₹42.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sunita Agarwal, Suresh Agarwal, Rounak Agarwal, and One other member serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, 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
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Apps
Corporate Identity Details
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CIN/LLPIN
U51109WB1994PLC061750
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Company No.
061750
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
08 Feb 1994
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Ashika Sarees Ltd offer?
Ashika Sarees Ltd offers a wide range of products and services, including Sarees, Lehenga and Salwar Suits, Cotton Sarees, Chiffon Sarees, Printed Chiffon Saree, Handloom Sarees, Banarasi Sarees, Indian Sarees, Embroidered Sarees, Silk Sarees, Designer Sarees.
Who are the key members and board of directors at Ashika Sarees?
Board Members (4)
| Name | Designation | Appointment Date | Status |
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Sunita Agarwal
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Director | 25-Aug-1997 | Current |
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Suresh Agarwal
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Director | 08-Feb-1994 | Current |
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Rounak Agarwal
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Director | 25-Mar-2017 | Current |
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Binod Agarwal
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Director | 08-Feb-1994 | Current |
Financial Performance of Ashika Sarees.
Ashika Sarees Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 76.6% decrease. The company also saw a substantial fall in profitability, with a 99.33% decrease in profit. The company's net worth moved up by a moderate rise of 0.21%.
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What is the Ownership and Shareholding Structure of Ashika Sarees?
In 2023, Ashika Sarees had a promoter holding of 100.00%. 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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Bsa Lifestyle LlpSuresh Agarwal, Rounak Agarwal and 1 more are mutual person
Charges (Loans)
₹6.26 Cr
₹42.79 Cr
Charges Breakdown by Lending Institutions
- Others : 6.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2020 | Others | ₹9.98 M | Open |
| 19 Jan 2018 | Others | ₹5.27 Cr | Open |
| 25 May 2016 | Standard Chartered Bank | ₹2.25 Cr | Satisfied |
| 20 Sep 2013 | Kotak Mahindra Bank Limited | ₹6.80 M | Satisfied |
| 29 Jun 2013 | Bajaj Finance Limited | ₹3.01 Cr | Satisfied |
How Many Employees Work at Ashika Sarees?
Ashika Sarees has a workforce of 7 employees as of Apr 09, 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 Ashika Sarees, 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 Ashika Sarees'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.
