Ashok Magnetics Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 7.50 Cr
- Company Age 31 Year, 9 Months
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 211.00 Cr
- Satisfied Charges ₹ 26.00 Cr
- Revenue Growth -83.06%
- Profit Growth 68.93%
- Ebitda 100.57%
- Net Worth -79.71%
- Total Assets -10.40%
About Ashok Magnetics
Company Details
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Location
Tiruvallur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
L30007TN1993PLC024842
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Company No.
024842
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Apr 1993
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Date of AGM
30 Sep 2016
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Date of Balance Sheet
31 Mar 2016
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Listing Status
Listed
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Ashok Magnetics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Agarwal
|
Managing Director | 10-Jul-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Bishan Singh
|
Director | 17-Mar-2015 | Current |
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Anuj Behera
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Additional Director | 30-Dec-2016 | Current |
Financial Performance of Ashok Magnetics.
Ashok Magnetics Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 83.06% decrease. The company also saw a substantial improvement in profitability, with a 68.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 79.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ashok Magnetics?
In 2016, Ashok Magnetics had a promoter holding of 74.61% and a public holding of 25.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Ankit Ispat Private LimitedAjay Agarwal, Bishan Singh and 1 more are mutual person
Charges (Loans)
₹211.00 Cr
₹26.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 90.43 Cr
- Central Bank Of India (Consortium Leader Of Three Member Banks) : 42.00 Cr
- Others : 20.00 Cr
- Federal Bank Limited : 17.50 Cr
- Toughened Alloys & Steels Private Limited : 15.00 Cr
- Others : 26.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2017 | Others | ₹2.00 Cr | Open |
| 10 Mar 2017 | Others | ₹6.00 Cr | Open |
| 20 Feb 2017 | Others | ₹5.50 Cr | Open |
| 02 Feb 2017 | Others | ₹6.50 Cr | Open |
| 10 Sep 2015 | Bkl Steels Private Limited | ₹3.80 Cr | Open |
How Many Employees Work at Ashok Magnetics?
Ashok Magnetics has a workforce of 39 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 Magnetics, 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 Magnetics'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.
