Ashok Auto Sales Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 4.61 Cr
- Company Age 33 Year, 11 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 11 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjana Bansal  | Managing Director | 01-Jan-2005 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bharat Bansal | Director | 13-Mar-1991 | Current |
| Rajan Kishore | Director | 13-Mar-1991 | Current |
| Siddharth Gupta | Director | 26-Jul-2013 | Current |
| Tanveer Zafar | Director | 04-Mar-2021 | Current |
| Nitika Gupta | Director | 26-Jul-2013 | Current |
| Pranati Bansal | Director | 10-Mar-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Hicks Thermometers India LimitedRanjana Bansal, Bharat Bansal and 1 more are mutual person
- Hicks Health Care Private Limited
Siddharth Gupta and Nitika Gupta are mutual person
Ashok Auto Ventures LlpRajan Kishore, Ranjana Bansal and 1 more are mutual person
- Ashok Auto Finance And Leasing Limited
Rajan Kishore, Ranjana Bansal and 1 more are mutual person
- Ashok Nav Nirman Private Limited
Ranjana Bansal, Bharat Bansal and 1 more are mutual person
- Ashok Real Build Private Limited
Ranjana Bansal and Bharat Bansal are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2023 | Others | ₹10.00 Cr | Open |
| 09 Jan 2023 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 28 Dec 2022 | Canara Bank | ₹51.00 Cr | Open |
| 31 Jul 2022 | Axis Bank Limited | ₹18.50 Cr | Open |
| 28 Jun 2022 | Others | ₹15.00 Cr | Open |
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.
Deals i
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
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.
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.
- 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.
- 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.
- Charges
A charge registered on 26 Mar 2019 via Charge ID 100255472 with Canara Bank was fully satisfied on 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.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Ashok Auto Sales Limited?
Ashok Auto Sales Limited was incorporated on 13 Mar 1991.
What is authorized share capital and paid-up capital of Ashok Auto Sales Limited?
The authorized share capital of Ashok Auto Sales Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.61 Cr.
Who are the current board members & directors of Ashok Auto Sales Limited?
Currently 7 directors are associated with Ashok Auto Sales Limited.
- Rajan Kishore
- Ranjana Bansal
- Bharat Bansal
- Siddharth Gupta
- Tanveer Zafar
- Nitika Gupta
- Pranati Bansal
What is the registered address of Ashok Auto Sales Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ashok Auto Sales Limited is Agra -Kanpur Roadnunhai Agra, Uttar Pradesh, India, 282006.
What is the corporate identification number (CIN) and company number of Ashok Auto Sales Limited?
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).
What is the official website of Ashok Auto Sales Limited?
The Official website of Ashok Auto Sales Limited is https://www.ashokauto.com
What has been the recent revenue trend for Ashok Auto Sales Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ashok Auto Sales Limited has risen by 45.62%.
How many employees does Ashok Auto Sales Limited currently have?
As Per 2023 financial reports, 546 employees are currently employed by Ashok Auto Sales Limited.
What change has been observed in the net worth of Ashok Auto Sales Limited, and by what percentage?
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%.
What are the total open charges for Ashok Auto Sales Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ashok Auto Sales Limited amount to ₹ 265.60 Cr.
When was the last Balance Sheet of Ashok Auto Sales Limited filed with the ROC?
The most recent Balance Sheet for Ashok Auto Sales Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
VG
Vijay GuptaDirectorRB
Ram BansalWholetime DirectorSB
Shashi BansalDirectorMG
Madanlal GuptaDirector
Similar Companies Based on Auto Dealership & Trading
Renault India Private Limited Sriperumbudur, Tamil Nadu, India
Mobis India Limited Kanchipuram, Tamil Nadu, India
Varun Motors Private Limited Visakhapatnam, Andhra Pradesh, India
Daimler India Commercial Vehicles Private Limited Kanchipuram, Tamil Nadu, India
Automotive Manufacturers Private Limited Mumbai, Maharashtra, India
Force Motors Limited Pune, Maharashtra, India
Ashok Leyland Limited Chennai, Tamil Nadu, India
Mahindra And Mahindra Limited Mumbai, Maharashtra, India