Ashok Granites Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.13 Cr
as on 16-11-2024
- Company Age 33 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.97 Cr
as on 16-11-2024
- Satisfied Charges ₹ 21.87 Cr
as on 16-11-2024
- Revenue -2.40%
(FY 2023)
- Profit 54.02%
(FY 2023)
- Ebitda -45.87%
(FY 2023)
- Net Worth 2.08%
(FY 2023)
- Total Assets -5.78%
(FY 2023)
About Ashok Granites
The Corporate was formerly known as Ashok Granites Private Limited. 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 1.50 Cr and a paid-up capital of Rs 1.13 Cr.
The company currently has active open charges totaling ₹31.97 Cr. The company has closed loans amounting to ₹21.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muthusamy Saroja, Duraisamy Krishnan, and Aapichigounder Mani serve as directors at the Company.
- CIN/LLPIN
U14102TZ1991PLC007127
- Company No.
007127
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Nov 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Ashok Granites?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthusamy Saroja  | Director | 13-Nov-1991 | Current |
| Duraisamy Krishnan | Whole-Time Director | 01-Feb-1998 | Current |
| Aapichigounder Mani | Director | 05-May-1995 | Current |
Financial Performance of Ashok Granites.
Ashok Granites Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.4% decrease. The company also saw a substantial improvement in profitability, with a 54.02% increase in profit. The company's net worth moved up by a moderate rise of 2.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ashok Granites?
In 2023, Ashok Granites had a promoter holding of 10.16% and a public holding of 89.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹31.97 Cr
₹21.87 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 24.00 Cr
- Hdfc Bank Limited : 3.21 Cr
- Others : 3.00 Cr
- The Karnataka Bank Limited : 0.75 Cr
- Bajaj Finance Limited : 0.47 Cr
- Others : 0.54 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2022 | Karnataka Bank Ltd. | ₹1.50 Cr | Open |
| 12 Nov 2020 | Others | ₹3.00 Cr | Open |
| 05 Jan 2017 | Hdfc Bank Limited | ₹1.59 Cr | Open |
| 30 Apr 2015 | Hdfc Bank Limited | ₹7.63 M | Open |
| 31 Dec 2014 | Hdfc Bank Limited | ₹8.56 M | Open |
How Many Employees Work at Ashok Granites?
Ashok Granites has a workforce of 73 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ashok Granites, 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 Granites'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.