Ashirvad Pipes Private Limited

Manufacturer of plastic pipes for various applications, with a wide range of products and a strong distribution network.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated: December 29, 2024

Ashirvad Pipes Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.41 Cr
  • Company Age 28 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1,169.94 Cr
  • Revenue Growth 28.50%
  • Profit Growth 11.76%
  • Ebitda 11.19%
  • Net Worth 26.89%
  • Total Assets 24.98%

About Ashirvad Pipes

Ashirvad Pipes Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 1997 and has a history of 28 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 4.41 Cr.

The company has closed loans amounting to ₹1,169.94 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashirvad Pipes Private Limited India are Sudeep Agrawal as CFO and Mamta Sharma as Company Secretary. Partha Basu, Ramadurai Ramesh, Sticker A, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashirvad.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1997PTC021831

  • Company No.

    021831

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 1997

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Ashirvad Pipes Private Limited offer?

Ashirvad Pipes Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Air Valves, Chemical Plants & Machinery, Distillation Units, Steel Pipes and Tubes, Industrial Steel Pipes, Wash Basins, Sanitaryware & Fittings, Sanitary Fittings, Industrial Valves, PVC, FRP, HDPE & Other Plastic Pipes.

Who are the key members and board of directors at Ashirvad Pipes?

Executive Team (3)

NameDesignationAppointment DateStatus
Sudeep Agrawal Country flag representing In CFO20-Sep-2024Current
Partha Basu Country flag representing In Managing Director10-Sep-2024Current
Mamta Sharma Company Secretary27-May-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramadurai Ramesh Country flag representing In Director 26-Apr-2024Current
Sticker A Country flag representing Be Director 09-Jul-2020Current
Thierry Vanlancker Director 02-Aug-2024Current
Anil Tomar Director 10-Sep-2024Current
Sophie Desormiere Country flag representing Fr Director 01-Dec-2023Current

Financial Performance of Ashirvad Pipes.

Ashirvad Pipes Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.5% increase. The company also saw a substantial improvement in profitability, with a 11.76% increase in profit. The company's net worth Soared by an impressive increase of 26.89%.

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
28.50%
Revenue from Operations
28.57%
Total Assets
24.98%
Profit or Loss
11.76%
Net Worth
26.89%
EBITDA
11.19%

What is the Ownership and Shareholding Structure of Ashirvad Pipes?

In 2021, Ashirvad Pipes 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

₹0

Satisfied Charges

₹1,169.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 600.00 Cr
  • Icici Bank Limited : 222.00 Cr
  • State Bank Of India : 177.74 Cr
  • Bnp Paribas : 120.00 Cr
  • Hsbc Bank (Mauritius) Limited : 46.01 Cr
  • Others : 4.19 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2018Others₹200.00 CrSatisfied
16 Aug 2018Others₹48.00 CrSatisfied
27 Apr 2015Icici Bank Limited₹100.00 CrSatisfied
10 Dec 2014Bnp Paribas₹50.00 CrSatisfied
26 Jun 2014Icici Bank Limited₹65.00 CrSatisfied

How Many Employees Work at Ashirvad Pipes?

Ashirvad Pipes has a workforce of 2629 employees as of Apr 04, 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 Ashirvad Pipes, 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 Ashirvad Pipes'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 Ashirvad Pipes

Recent activity within the organization

  • Annual General Meeting

    Ashirvad Pipes Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Director Appointment

    Sudeep Agrawal was appointed as a Cfo was appointed as a Cfo on 20 Sep 2024 & has been associated with this company since 5 months 4 days .

    20 Sep 2024

  • Director Appointment

    Partha Sarathi Basu was appointed as a Managing Director was appointed as a Managing Director on 10 Sep 2024 & has been associated with this company since 5 months 14 days .

    10 Sep 2024

  • Director Appointment

    Anil Tomar was appointed as a Director was appointed as a Director on 10 Sep 2024 & has been associated with this company since 5 months 14 days .

    10 Sep 2024

  • Director Appointment

    Thierry Florent J Vanlancker was appointed as a Director was appointed as a Director on 02 Aug 2024 & has been associated with this company since 6 months 23 days .

    02 Aug 2024

  • Director Appointment

    Mamta Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 27 May 2024 & has been associated with this company since 8 months 28 days .

    27 May 2024

Frequently asked questions

  • Ashirvad Pipes Private Limited was incorporated on 18 Feb 1997.

  • The authorized share capital of Ashirvad Pipes Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.41 Cr.

  • Currently 8 directors are associated with Ashirvad Pipes Private Limited.

    • Partha Sarathi Basu
    • Ramadurai Ramesh
    • Sticker Koen Jozef A
    • Thierry Florent J Vanlancker
    • Anil Tomar
    • Sudeep Agrawal
    • Mamta Sharma
    • Sophie Desormiere
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashirvad Pipes Private Limited is Plot No.27-P 28-P 29 30 Bommasandra, Jigani Link Road India, Anekal, Karnataka, 560105.

  • The corporate identification number (CIN) of Ashirvad Pipes Private Limited is U85110KA1997PTC021831 and the company number is 021831 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashirvad Pipes Private Limited is https://www.ashirvad.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ashirvad Pipes Private Limited has risen by 28.50%.

  • As Per 2022 financial reports, 2629 employees are currently employed by Ashirvad Pipes Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ashirvad Pipes Private Limited has experienced an upsurge of 26.89%.

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

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