Ashirwad Steels & Industries Ltd

Founded in 1986 and headquartered in West Bengal, India.

1986 | Kolkata, West Bengal (India) | Active
Last Updated: July 10, 2024

Ashirwad Steels & Industries Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.50 Cr
  • Company Age 38 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.83 Cr
  • Revenue Growth 7.71%
  • Profit Growth 263.05%
  • Ebitda 117.04%
  • Net Worth 27.74%
  • Total Assets 28.31%

About Ashirwad Steels & Industries

Ashirwad Steels & Industries Ltd (ASIL) is a Public Limited Indian Non-Government Company incorporated in India on 19 February 1986 and has a history of 38 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526847.

The Corporate was formerly known as Ashirwad Mercantiles Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 12.50 Cr.

The company has closed loans amounting to ₹8.83 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashirwad Steels & Industries Ltd India are Sonal Agarwal as COMPANY SECRETARY and Chandra Srivastava as Cfo. Dalbir Chhibbar, Sushma Chhibbar, Pravin Chhabra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L67100WB1986PLC040201

  • Company No.

    040201

  • Stock Symbol

    BSE : 526847

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1986

  • Date of AGM

    24 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Energy and Power

Who are the key members and board of directors at Ashirwad Steels & Industries?

Executive Team (3)

Name Designation Appointment Date Status
Dalbir Chhibbar Country flag representing In Managing Director 15-Oct-1990 Current
Sonal Agarwal Company Secretary Current
Chandra Srivastava Country flag representing In CFO 26-Mar-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Sushma Chhibbar Country flag representing In Director 06-May-2006 Current
Pravin Chhabra Country flag representing In Additional Director 18-Apr-2024 Current
Vishesh Chhibbar Country flag representing In Whole-Time Director 21-Mar-2016 Current
Baninder Sahni Country flag representing In Director 19-Jun-2020 Current

Financial Performance of Ashirwad Steels & Industries.

Ashirwad Steels & Industries Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 7.71% increase. The company also saw a substantial improvement in profitability, with a 263.05% increase in profit. The company's net worth Soared by an impressive increase of 27.74%.

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
7.71%
Revenue from Operations
95.10%
Total Assets
28.31%
Profit or Loss
263.05%
Net Worth
27.74%
EBITDA
117.04%

What is the Ownership and Shareholding Structure of Ashirwad Steels & Industries?

In 2023, Ashirwad Steels & Industries had a promoter holding of 69.06% and a public holding of 30.93%. 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

₹8.83 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.00 Cr
  • State Bank Of India : 3.33 Cr
  • The Federal Bank Ltd : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2011 Hdfc Bank Limited ₹5.00 Cr Satisfied
27 May 2000 State Bank Of India ₹3.33 Cr Satisfied
18 Mar 1999 The Federal Bank Ltd ₹5.00 M Satisfied

How Many Employees Work at Ashirwad Steels & Industries?

Ashirwad Steels & Industries has a workforce of 11 employees as of Apr 07, 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 Ashirwad Steels & Industries, 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 Steels & Industries'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 Steels & Industries

Recent activity within the organization

  • Annual General Meeting

    Ashirwad Steels & Industries Ltd last Annual general meeting of members was held on 24 Jun 2024 as per latest MCA records.

    24 Jun 2024

  • Director Appointment

    Pravin Kumar Chhabra was appointed as a Additional Director was appointed as a Additional Director on 18 Apr 2024 & has been associated with this company since 9 months 15 days .

    18 Apr 2024

  • Balance Sheet

    Ashirwad Steels & Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Baninder Singh Sahni was appointed as a Director was appointed as a Director on 19 Jun 2020 & has been associated with this company since 4 years 7 months .

    19 Jun 2020

  • Charges

    A charge registered on 31 Jan 2011 via Charge ID 10270265 with Hdfc Bank Limited was fully satisfied on 28 Jul 2016.

    28 Jul 2016

  • Director Appointment

    Vishesh Chhibbar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Mar 2016 & has been associated with this company since 8 years 10 months .

    21 Mar 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Ashirwad Steels & Industries Ltd was incorporated on 19 Feb 1986.

  • The authorized share capital of Ashirwad Steels & Industries Ltd is ₹ 12.50 Cr and paid-up capital is ₹ 12.50 Cr.

  • Currently 7 directors are associated with Ashirwad Steels & Industries Ltd.

    • Dalbir Chhibbar
    • Sushma Chhibbar
    • Pravin Kumar Chhabra
    • Vishesh Chhibbar
    • Baninder Singh Sahni
    • Sonal Agarwal
    • Chandra Prakash Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashirwad Steels & Industries Ltd is 6 Waterlooo Street5Th.Floor Room No 506, Kolkata, West Bengal, India, 700069.

  • The corporate identification number (CIN) of Ashirwad Steels & Industries Ltd is L67100WB1986PLC040201 and the company number is 040201 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ashirwad Steels & Industries Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ashirwad Steels & Industries Ltd is https://www.ashirwadsteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashirwad Steels & Industries Ltd has risen by 7.71%.

  • As Per 2023 financial reports, 11 employees are currently employed by Ashirwad Steels & Industries Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashirwad Steels & Industries Ltd has experienced an upsurge of 27.74%.

  • The most recent Balance Sheet for Ashirwad Steels & Industries Ltd was filed with the ROC on 31 Mar 2024.

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