Ashirwad Foundries Pvt Ltd

Manufactures and trades iron and steel castings and products since 1983 in Kolkata, West Bengal.

1983 | Kolkata, West Bengal (India) | Active
Last Updated:

Ashirwad Foundries Profile

Key Indicators

  • Authorised Capital ₹ 1.35 Cr
  • Paid Up Capital ₹ 8.33 M
  • Company Age 41 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.43 Cr
  • Satisfied Charges ₹ 19.93 Cr
  • Revenue Growth -0.57%
  • Profit Growth -36.35%
  • Ebitda 36.28%
  • Net Worth 11.32%
  • Total Assets 24.32%

About Ashirwad Foundries

Ashirwad Foundries Pvt Ltd (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 March 1983 and has a history of 41 years and 11 months. Its registered office is in Kolkata, West Bengal, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.35 Cr and a paid-up capital of Rs 8.33 M.

The company currently has active open charges totaling ₹19.43 Cr. The company has closed loans amounting to ₹19.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vandan Agarwal and Kiran Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02710WB1983PTC036070

  • Company No.

    036070

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Ashirwad Foundries Pvt Ltd offer?

Ashirwad Foundries Pvt Ltd offers a wide range of products and services, including Sewerage and Drainage Products, Manhole Covers, Cast Iron Manhole Cover, Manhole Cover & Frames, Electric Fittings & Components, Earthing Equipment.

Company report

Ashirwad Foundries Pvt Ltd

Explore comprehensive data for Ashirwad Foundries Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ashirwad Foundries?

Board Members (2)

NameDesignationAppointment DateStatus
Vandan Agarwal Country flag representing In Director 01-Oct-2011Current
Kiran Agarwal Country flag representing In Whole-Time Director 12-Oct-1989Current

Financial Performance of Ashirwad Foundries.

Ashirwad Foundries Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.57% decrease. The company also saw a substantial fall in profitability, with a 36.35% decrease in profit. The company's net worth Soared by an impressive increase of 11.32%.

Ashirwad Foundries revenue growth over time
Ashirwad Foundries 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
-0.57%
Revenue from Operations
-0.12%
Total Assets
24.32%
Profit or Loss
-36.35%
Net Worth
11.32%
EBITDA
36.28%

What is the Ownership and Shareholding Structure of Ashirwad Foundries?

In 2023, Ashirwad Foundries had a promoter holding of 86.10% and a public holding of 13.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.43 Cr

Satisfied Charges

₹19.93 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 19.43 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2023Axis Bank Limited₹19.43 CrOpen
15 Sep 2022Canara Bank₹1.00 CrSatisfied
16 Nov 2021Canara Bank₹9.30 MSatisfied
22 Jul 2020Canara Bank₹6.50 MSatisfied
01 Jul 2020Canara Bank₹1.28 CrSatisfied

How Many Employees Work at Ashirwad Foundries?

Ashirwad Foundries has a workforce of 51 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.

Employee growth trends for Ashirwad Foundries Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashirwad Foundries, 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 Ashirwad Foundries'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 Ashirwad Foundries

Recent activity within the organization

  • Annual General Meeting

    Ashirwad Foundries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 15 Sep 2022 via Charge ID 100609097 with Canara Bank was fully satisfied on 24 Jul 2023.

  • Charges

    A charge registered on 22 Jul 2020 via Charge ID 100363827 with Canara Bank was fully satisfied on 24 Jul 2023.

  • Charges

    A charge registered on 30 Aug 2004 via Charge ID 90246354 with Syndicate Bank was fully satisfied on 24 Jul 2023.

  • Charges

    A charge registered on 10 Jul 1998 via Charge ID 90245397 with Syndicate Bank was fully satisfied on 24 Jul 2023.

  • Charges

    A charge registered on 10 Jul 1998 via Charge ID 90247884 with Syndicate Bank was fully satisfied on 24 Jul 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ashirwad Foundries Pvt Ltd?

    Ashirwad Foundries Pvt Ltd was incorporated on 19 Mar 1983.

  • What is authorized share capital and paid-up capital of Ashirwad Foundries Pvt Ltd?

    The authorized share capital of Ashirwad Foundries Pvt Ltd is ₹ 1.35 Cr and paid-up capital is ₹ 8.33 M.

  • Who are the current board members & directors of Ashirwad Foundries Pvt Ltd?

    Currently 2 directors are associated with Ashirwad Foundries Pvt Ltd.

    • Vandan Agarwal
    • Kiran Devi Agarwal
  • What is the registered address of Ashirwad Foundries Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashirwad Foundries Pvt Ltd is 1 Crooked Lane Ground Floor, Kolkata, West Bengal, India, 700069.

  • What is the corporate identification number (CIN) and company number of Ashirwad Foundries Pvt Ltd?

    The corporate identification number (CIN) of Ashirwad Foundries Pvt Ltd is U02710WB1983PTC036070 and the company number is 036070 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ashirwad Foundries Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashirwad Foundries Pvt Ltd has fallen by -0.57%.

  • How many employees does Ashirwad Foundries Pvt Ltd currently have?

    As Per 2023 financial reports, 51 employees are currently employed by Ashirwad Foundries Pvt Ltd.

  • What change has been observed in the net worth of Ashirwad Foundries Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashirwad Foundries Pvt Ltd has experienced an upsurge of 11.32%.

  • What are the total open charges for Ashirwad Foundries Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashirwad Foundries Pvt Ltd amount to ₹ 19.43 Cr.

  • When was the last Balance Sheet of Ashirwad Foundries Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Ashirwad Foundries Pvt Ltd was filed with the ROC on 31 Mar 2023.

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