Ashok Iron Works Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 4.19 Cr
- Company Age 43 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 127.60 Cr
- Satisfied Charges ₹ 184.24 Cr
- Revenue Growth 42.15%
- Profit Growth 47.12%
- Ebitda 38.48%
- Net Worth 23.74%
- Total Assets 19.36%
About Ashok Iron Works
Ashok Iron Works Private Limited (AIWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 1981 and has a history of 43 years and three months. Its registered office is in Belgaum, Karnataka, India.
The Corporate was formerly known as Ashok Iron Works Limited. The Company is engaged in the Engineering 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 200.00 Cr and a paid-up capital of Rs 4.19 Cr.
The company currently has active open charges totaling ₹127.60 Cr. The company has closed loans amounting to ₹184.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramaiah Gedipudi, Ashok Kanguri, Ashok Paranjape, and Four other members serve as directors at the Company.
Company Details
- Location
Belgaum, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27104KA1981PTC004487
- Company No.
004487
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Nov 1981
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Ashok Iron Works Private Limited offer?
Ashok Iron Works Private Limited offers a wide range of products and services, including Automotive Pump, Automotive Water Pumps, Crankshafts.
Who are the key members and board of directors at Ashok Iron Works?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayant Humbarwadi  | Managing Director | 29-Sep-1999 | Current |
| Ashok Humbarwadi | Managing Director | 31-Dec-1982 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramaiah Gedipudi | Director | 09-Dec-1996 | Current |
| Ashok Kanguri | Director | 09-Sep-1993 | Current |
| Ashok Paranjape | Director | 30-Mar-2019 | Current |
| Dayanand Kadam | Director | 29-Sep-2018 | Current |
| Vijay Katkar | Director | 09-Dec-1996 | Current |
Financial Performance of Ashok Iron Works.
Ashok Iron Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.15% increase. The company also saw a substantial improvement in profitability, with a 47.12% increase in profit. The company's net worth Soared by an impressive increase of 23.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ashok Iron Works?
In 2023, Ashok Iron Works had a promoter holding of 80.60% and a public holding of 19.41%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fluid Dynamics Private LimitedJayant Humbarwadi and Ashok Humbarwadi are mutual person
Brundavan Laboratories Private LimitedRamaiah Gedipudi is a mutual person
Ashok Renergy Private LimitedAshok Paranjape and Jayant Humbarwadi are mutual person
Ashok Core Investments Private LimitedAshok Paranjape and Jayant Humbarwadi are mutual person
Orione Hydraulics Private LimitedAshok Paranjape is a mutual person
Jayadi Techmac Private LimitedAshok Paranjape and Jayant Humbarwadi are mutual person
Charges (Loans)
₹127.60 Cr
₹184.24 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 125.00 Cr
- Karnataka State Industrial Investment And Devlopment Corport : 2.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2017 | Hdfc Bank Limited | ₹125.00 Cr | Open |
| 20 Mar 2002 | Karnataka State Industrial Investment And Devlopment Corport | ₹2.60 Cr | Open |
| 11 Feb 2014 | Icici Bank Limited | ₹35.00 Cr | Satisfied |
| 21 Sep 2011 | Icici Bank Limited | ₹18.00 Cr | Satisfied |
| 13 Mar 2007 | Uti Bank Ltd. | ₹23.72 Cr | Satisfied |
How Many Employees Work at Ashok Iron Works?
Ashok Iron Works has a workforce of 885 employees as of Apr 05, 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 Iron Works, 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 Iron Works'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.
