Ashok Iron Works Private Limited

Manufacturer of iron-foundry products and machined components for various industries.

1981 | Belgaum, Karnataka (India) | Active
Last Updated:

Ashok Iron Works Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 4.19 Cr
  • Company Age 43 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 four 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 2024. 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.

Ashok Paranjape, Vijay Katkar, Ashok Humbarwadi, 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 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

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)

NameDesignationAppointment DateStatus
Ashok Humbarwadi Country flag representing In Managing Director31-Dec-1982Current
Jayant Humbarwadi Country flag representing In Managing Director29-Sep-1999Current

Board Members (5)

NameDesignationAppointment DateStatus
Ashok Paranjape Country flag representing In Director 30-Mar-2019Current
Vijay Katkar Country flag representing In Director 09-Dec-1996Current
Ashok Kanguri Country flag representing In Director 09-Sep-1993Current
Ramaiah Gedipudi Country flag representing In Director 09-Dec-1996Current
Dayanand Kadam Country flag representing In Director 29-Sep-2018Current

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%.

Ashok Iron Works revenue growth over time
Ashok Iron Works 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
42.15%
Revenue from Operations
42.59%
Total Assets
19.36%
Profit or Loss
47.12%
Net Worth
23.74%
EBITDA
38.48%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹127.60 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
19 Jul 2017Hdfc Bank Limited₹125.00 CrOpen
20 Mar 2002Karnataka State Industrial Investment And Devlopment Corport₹2.60 CrOpen
11 Feb 2014Icici Bank Limited₹35.00 CrSatisfied
21 Sep 2011Icici Bank Limited₹18.00 CrSatisfied
13 Mar 2007Uti Bank Ltd.₹23.72 CrSatisfied

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.

Employee growth trends for Ashok Iron Works Private Limited

Deals i

Graph showing company valuation over time

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

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 Iron Works

Recent activity within the organization

  • Annual General Meeting

    Ashok Iron Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ashok Iron Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 125.00 Cr registered on 19 Jul 2017 with Charge ID 100121705 was modified on 12 Apr 2023.

  • Charges

    A charge registered on 21 Sep 2011 via Charge ID 10313541 with Icici Bank Limited was fully satisfied on 02 Feb 2023.

  • Director Appointment

    Ashok Paranjape was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge registered on 17 Jan 1996 via Charge ID 80027604 with State Bank Of India was fully satisfied on 26 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Ashok Iron Works Private Limited?

    Ashok Iron Works Private Limited was incorporated on 12 Nov 1981.

  • What is authorized share capital and paid-up capital of Ashok Iron Works Private Limited?

    The authorized share capital of Ashok Iron Works Private Limited is ₹ 200.00 Cr and paid-up capital is ₹ 4.19 Cr.

  • Who are the current board members & directors of Ashok Iron Works Private Limited?

    Currently 7 directors are associated with Ashok Iron Works Private Limited.

    • Ashok Paranjape
    • Vijay Siddojirao Katkar
    • Ashok Shivlingappa Humbarwadi
    • Jayant Ashok Humbarwadi
    • Ashok Basappa Kanguri
    • Ramaiah Gedipudi
    • Dayanand Devendra Kadam

  • What is the registered address of Ashok Iron Works Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashok Iron Works Private Limited is Corporate Office S.No.5 Plot No.9/10/11 Majgoan Road, U Dyambag India, Belgaum, Karnataka, 590008.

  • What is the corporate identification number (CIN) and company number of Ashok Iron Works Private Limited?

    The corporate identification number (CIN) of Ashok Iron Works Private Limited is U27104KA1981PTC004487 and the company number is 004487 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ashok Iron Works Private Limited?

    The Official website of Ashok Iron Works Private Limited is https://www.ashokiron.com

  • What has been the recent revenue trend for Ashok Iron Works Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashok Iron Works Private Limited has risen by 42.15%.

  • How many employees does Ashok Iron Works Private Limited currently have?

    As Per 2023 financial reports, 885 employees are currently employed by Ashok Iron Works Private Limited.

  • What change has been observed in the net worth of Ashok Iron Works Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashok Iron Works Private Limited has experienced an upsurge of 23.74%.

  • What are the total open charges for Ashok Iron Works Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashok Iron Works Private Limited amount to ₹ 127.60 Cr.

  • When was the last Balance Sheet of Ashok Iron Works Private Limited filed with the ROC?

    The most recent Balance Sheet for Ashok Iron Works Private Limited was filed with the ROC on 31 Mar 2024.

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