Ashirwad Foundries Profile
Key Indicators
- Authorised Capital ₹ 1.35 Cr
- Paid Up Capital ₹ 8.33 M
- Company Age 41 Year, 10 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 ten 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
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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-
Corporate Identity Details
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CIN/LLPIN
U02710WB1983PTC036070
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Company No.
036070
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Mar 1983
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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 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.
Who are the key members and board of directors at Ashirwad Foundries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vandan Agarwal
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Director | 01-Oct-2011 | Current |
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Kiran Agarwal
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Whole-Time Director | 12-Oct-1989 | Current |
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%.
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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.
Charges (Loans)
₹19.43 Cr
₹19.93 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 19.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2023 | Axis Bank Limited | ₹19.43 Cr | Open |
| 15 Sep 2022 | Canara Bank | ₹1.00 Cr | Satisfied |
| 16 Nov 2021 | Canara Bank | ₹9.30 M | Satisfied |
| 22 Jul 2020 | Canara Bank | ₹6.50 M | Satisfied |
| 01 Jul 2020 | Canara Bank | ₹1.28 Cr | Satisfied |
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.
Deals i
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
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.
