Ashoka Mercantile Limited

Sells and represents various industrial and agricultural equipment and machinery.

1984 | Delhi (India) | Active
Last Updated:

Ashoka Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.92 M
  • Company Age 40 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -86.02%
  • Profit Growth -233.52%
  • Ebitda -2301.40%
  • Net Worth -49.59%
  • Total Assets -9.13%

About Ashoka Mercantile

Ashoka Mercantile Limited (AML) is a Public Limited Indian Non-Government Company incorporated in India on 28 July 1984 and has a history of 40 years and nine months. Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 9.92 M, as per Ministry of Corporate Affairs (MCA) records.

Veena Modi, Mahendra Modi, and Aditee Modi serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909DL1984PLC018814

  • Company No.

    018814

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Company report

Ashoka Mercantile Limited

Explore comprehensive data for Ashoka Mercantile Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ashoka Mercantile?

Board Members (3)

NameDesignationAppointment DateStatus
Aditee Modi Country flag representing In Additional Director 14-Mar-2018Current
Veena Modi Country flag representing In Director 01-Oct-2013Current
Mahendra Modi Country flag representing In Additional Director 24-Mar-2020Current

Financial Performance of Ashoka Mercantile.

Ashoka Mercantile Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 86.02% decrease. The company also saw a substantial fall in profitability, with a 233.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.59%.

Ashoka Mercantile revenue growth over time
Ashoka Mercantile 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
-86.02%
Revenue from Operations
Total Assets
-9.13%
Profit or Loss
-233.52%
Net Worth
-49.59%
EBITDA
-2301.40%

What is the Ownership and Shareholding Structure of Ashoka Mercantile?

In 2017, Ashoka Mercantile had a promoter holding of 78.69% and a public holding of 21.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ashoka Mercantile?

Unlock and access historical data on people associated with Ashoka Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ashoka Mercantile Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashoka Mercantile, 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 Ashoka Mercantile'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 Ashoka Mercantile

Recent activity within the organization

  • Annual General Meeting

    Ashoka Mercantile Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ashoka Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Mahendra Kumar Modi was appointed as a Additional Director was appointed as a Additional Director on 24 Mar 2020 & has been associated with this company since 5 years 2 months .

  • Director Appointment

    Aditee Modi was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2018 & has been associated with this company since 7 years 2 months .

  • Director Appointment

    Veena Modi was appointed as a Director was appointed as a Director on 01 Oct 2013 & has been associated with this company since 11 years 7 months .

  • Company Incorporation

    Ashoka Mercantile Limited was registered on 28 Jul 1984 with Roc Delhi & aged 40 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Ashoka Mercantile Limited?

    Ashoka Mercantile Limited was incorporated on 28 Jul 1984.

  • What is authorized share capital and paid-up capital of Ashoka Mercantile Limited?

    The authorized share capital of Ashoka Mercantile Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.92 M.

  • Who are the current board members & directors of Ashoka Mercantile Limited?

    Currently 3 directors are associated with Ashoka Mercantile Limited.

    • Veena Modi
    • Mahendra Kumar Modi
    • Aditee Modi

  • What is the registered address of Ashoka Mercantile Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashoka Mercantile Limited is 405 4Th Floor Copia Corporate Suites 9 Jasola Commercial Complex, Jasola India, New Delhi, 110025.

  • What is the corporate identification number (CIN) and company number of Ashoka Mercantile Limited?

    The corporate identification number (CIN) of Ashoka Mercantile Limited is U51909DL1984PLC018814 and the company number is 018814 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ashoka Mercantile Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Ashoka Mercantile Limited has fallen by -86.02%.

  • What change has been observed in the net worth of Ashoka Mercantile Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Ashoka Mercantile Limited has experienced an downturn of -49.59%.

  • When was the last Balance Sheet of Ashoka Mercantile Limited filed with the ROC?

    The most recent Balance Sheet for Ashoka Mercantile Limited was filed with the ROC on 31 Mar 2024.

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