Ashirwad Steels & Industries Ltd

Founded in 1986 and headquartered in West Bengal, India.

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

Ashirwad Steels & Industries Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.50 Cr
  • Company Age 39 Year, 14 Days
  • 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 39 years. 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 Energy And Power 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 Chandra Srivastava as CFO and Sonal Agarwal as Company Secretary. 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

  • Website

    ashirwadsteels.com

  • 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

Energy and Power
Metals and Minerals

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

Executive Team (3)

NameDesignationAppointment DateStatus
Dalbir Chhibbar Country flag representing In Managing Director15-Oct-1990Current
Chandra Srivastava Country flag representing In CFO26-Mar-2019Current
Sonal Agarwal Company Secretary17-Nov-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Sushma Chhibbar Country flag representing In Director 06-May-2006Current
Pravin Chhabra Country flag representing In Director 15-Apr-2024Current
Vishesh Chhibbar Country flag representing In Whole-Time Director 29-Aug-2016Current
Baninder Sahni Country flag representing In Director 27-Jul-2020Current

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%.

Ashirwad Steels & Industries revenue growth over time
Ashirwad Steels & Industries 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

DateLenderAmountStatus
31 Jan 2011Hdfc Bank Limited₹5.00 CrSatisfied
27 May 2000State Bank Of India₹3.33 CrSatisfied
18 Mar 1999The Federal Bank Ltd₹5.00 MSatisfied

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.

Employee growth trends for Ashirwad Steels & Industries Ltd

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.

  • Director Appointment

    Pravin Kumar Chhabra was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 10 months 19 days .

  • Balance Sheet

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

  • Director Appointment

    Sonal Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 17 Nov 2023 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Baninder Singh Sahni was appointed as a Director was appointed as a Director on 27 Jul 2020 & has been associated with this company since 4 years 7 months .

  • Director Appointment

    Chandra Prakash Srivastava was appointed as a Cfo was appointed as a Cfo on 26 Mar 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ashirwad Steels & Industries Ltd?

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

  • What is authorized share capital and paid-up capital of Ashirwad Steels & Industries Ltd?

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

  • Who are the current board members & directors of Ashirwad Steels & Industries Ltd?

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

    • Dalbir Chhibbar
    • Sushma Chhibbar
    • Pravin Kumar Chhabra
    • Vishesh Chhibbar
    • Baninder Singh Sahni
    • Chandra Prakash Srivastava
    • Sonal Agarwal

  • What is the registered address of Ashirwad Steels & Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashirwad Steels & Industries Ltd is 6 Waterlooo Street5Th.Floor Room No 506 India, Kolkata, West Bengal, 700069.

  • What is the corporate identification number (CIN) and company number of Ashirwad Steels & Industries Ltd?

    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).

  • Is Ashirwad Steels & Industries Ltd registered with any stock exchange in India?

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

  • What is the official website of Ashirwad Steels & Industries Ltd?

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

  • What has been the recent revenue trend for Ashirwad Steels & Industries Ltd?

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

  • How many employees does Ashirwad Steels & Industries Ltd currently have?

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

  • What change has been observed in the net worth of Ashirwad Steels & Industries Ltd, and by what percentage?

    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%.

  • When was the last Balance Sheet of Ashirwad Steels & Industries Ltd filed with the ROC?

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

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