Ashok Auto Sales Limited

Authorized dealer of commercial and passenger vehicles, offering services and spare parts in Uttar Pradesh.

1991 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated: June 22, 2024

Ashok Auto Sales Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.61 Cr
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 265.60 Cr
  • Satisfied Charges ₹ 73.25 Cr
  • Revenue Growth 45.62%
  • Profit Growth 60.59%
  • Ebitda 69.27%
  • Net Worth 15.50%
  • Total Assets 14.56%

About Ashok Auto Sales

Ashok Auto Sales Limited (AASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 1991 and has a history of 33 years and ten months. Its registered office is in Uttar Pradesh, Uttar Pradesh, India.

The Corporate was formerly known as Ashok Auto Sales Private Limited. The Company is engaged in the Automotive 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 5.50 Cr and a paid-up capital of Rs 4.61 Cr.

The company currently has active open charges totaling ₹265.60 Cr. The company has closed loans amounting to ₹73.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajan Kishore, Ranjana Bansal, Bharat Bansal, and Four other members serve as directors at the Company.

Company Details

  • Location

    Uttar Pradesh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34102UP1991PLC012882

  • Company No.

    012882

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

What products or services does Ashok Auto Sales Limited offer?

Ashok Auto Sales Limited offers a wide range of products and services, including Motorcycles and Cars, Cars, Commercial Vehicles & Three Wheelers, Bus, Trucks, Medium & Heavy Commercial Vehicles, Used Commercial Vehicle, Intermediate and Light Commercial Vehicles, Motor Cars, Van.

Who are the key members and board of directors at Ashok Auto Sales?

Executive Team (1)

NameDesignationAppointment DateStatus
Ranjana Bansal Country flag representing In Managing Director01-Jan-2005Current

Board Members (6)

NameDesignationAppointment DateStatus
Bharat Bansal Country flag representing In Director 13-Mar-1991Current
Rajan Kishore Country flag representing In Director 13-Mar-1991Current
Siddharth Gupta Country flag representing In Director 26-Jul-2013Current
Tanveer Zafar Country flag representing In Director 04-Mar-2021Current
Nitika Gupta Country flag representing In Director 26-Jul-2013Current
Pranati Bansal Country flag representing In Director 10-Mar-2007Current

Financial Performance of Ashok Auto Sales.

Ashok Auto Sales Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.62% increase. The company also saw a substantial improvement in profitability, with a 60.59% increase in profit. The company's net worth Soared by an impressive increase of 15.5%.

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
45.62%
Revenue from Operations
45.79%
Total Assets
14.56%
Profit or Loss
60.59%
Net Worth
15.50%
EBITDA
69.27%

What is the Ownership and Shareholding Structure of Ashok Auto Sales?

In 2023, Ashok Auto Sales had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹265.60 Cr

Satisfied Charges

₹73.25 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 146.00 Cr
  • Others : 40.00 Cr
  • State Bank Of India : 31.10 Cr
  • Hdfc Bank Limited : 20.00 Cr
  • Axis Bank Limited : 18.50 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Dec 2023Others₹10.00 CrOpen
09 Jan 2023Hdfc Bank Limited₹20.00 CrOpen
28 Dec 2022Canara Bank₹51.00 CrOpen
31 Jul 2022Axis Bank Limited₹18.50 CrOpen
28 Jun 2022Others₹15.00 CrOpen

How Many Employees Work at Ashok Auto Sales?

Ashok Auto Sales has a workforce of 546 employees as of Apr 06, 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 Ashok Auto Sales, 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 Ashok Auto Sales'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 Ashok Auto Sales

Recent activity within the organization

  • Charges

    A charge registered on 09 May 2019 via Charge ID 100266697 with Others was fully satisfied on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge registered on 23 Jul 2012 via Charge ID 10370157 with Tata Capital Financial Services Limited was fully satisfied on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge with State Bank Of India of Rs. 18.60 Cr registered on 02 Jul 2012 with Charge ID 10367568 was modified on 08 Jan 2024.

    08 Jan 2024

  • Charges

    A charge registered on 26 Mar 2019 via Charge ID 100255472 with Canara Bank was fully satisfied on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Canara Bank of Rs. 51.00 Cr registered on 28 Dec 2022 with Charge ID 100665228 was modified on 08 Dec 2023.

    08 Dec 2023

  • Charges

    A charge with Canara Bank of Rs. 95.00 Cr registered on 08 Feb 1995 with Charge ID 80039379 was modified on 08 Dec 2023.

    08 Dec 2023

Frequently asked questions

  • Ashok Auto Sales Limited was incorporated on 13 Mar 1991.

  • The authorized share capital of Ashok Auto Sales Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.61 Cr.

  • Currently 7 directors are associated with Ashok Auto Sales Limited.

    • Rajan Kishore
    • Ranjana Bansal
    • Bharat Bansal
    • Siddharth Gupta
    • Tanveer Zafar
    • Nitika Gupta
    • Pranati Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashok Auto Sales Limited is Agra -Kanpur Roadnunhai Agra, Uttar Pradesh, India, 282006.

  • The corporate identification number (CIN) of Ashok Auto Sales Limited is U34102UP1991PLC012882 and the company number is 012882 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashok Auto Sales Limited is https://www.ashokauto.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashok Auto Sales Limited has risen by 45.62%.

  • As Per 2023 financial reports, 546 employees are currently employed by Ashok Auto Sales Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashok Auto Sales Limited has experienced an upsurge of 15.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashok Auto Sales Limited amount to ₹ 265.60 Cr.

  • The most recent Balance Sheet for Ashok Auto Sales Limited was filed with the ROC on 31 Mar 2023.

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