Ashtamangal Stainless Private Limited

Manufacturer and processor of various metals, steels, and stainless steel products since 2011.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Ashtamangal Stainless Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.50 Cr
  • Revenue Growth %
  • Profit Growth 35.60%
  • Ebitda 84.56%
  • Net Worth -31.66%
  • Total Assets -8.78%

About Ashtamangal Stainless

Ashtamangal Stainless Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 December 2011 and has a history of 13 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Rishikesh Metal Private Limited. The Company is engaged in the Metals And Minerals 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 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹6.50 Cr.

Santoshben Samdani and Kailashchandra Samdani serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2011PTC068155

  • Company No.

    068155

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Ashtamangal Stainless?

Board Members (2)

Name Designation Appointment Date Status
Santoshben Samdani Country flag representing In Director 31-Mar-2013 Current
Kailashchandra Samdani Country flag representing In Director 10-Dec-2011 Current

Financial Performance of Ashtamangal Stainless.

Ashtamangal Stainless Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 35.6% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.66%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
-8.78%
Profit or Loss
35.60%
Net Worth
-31.66%
EBITDA
84.56%

What is the Ownership and Shareholding Structure of Ashtamangal Stainless?

In 2023, Ashtamangal Stainless had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 6.50 Cr

Latest Charge Details

Date Lender Amount Status
24 Jul 2015 Canara Bank ₹6.50 Cr Open

How Many Employees Work at Ashtamangal Stainless?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashtamangal Stainless, 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 Ashtamangal Stainless'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 Ashtamangal Stainless

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ashtamangal Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 65.00 M with Charge ID 10588281 was registered on 24 Jul 2015.

    24 Jul 2015

  • Director Appointment

    Santoshben Kailashchandra Samdani was appointed as a Director was appointed as a Director on 31 Mar 2013 & has been associated with this company since 11 years 10 months .

    31 Mar 2013

  • Director Appointment

    Kailashchandra Shankerlal Samdani was appointed as a Director was appointed as a Director on 10 Dec 2011 & has been associated with this company since 13 years 2 months .

    10 Dec 2011

  • Company Incorporation

    Ashtamangal Stainless Private Limited was registered on 10 Dec 2011 with Roc Ahmedabad & aged 13 years 2 months as per MCA records.

    10 Dec 2011

Frequently asked questions

  • Ashtamangal Stainless Private Limited was incorporated on 10 Dec 2011.

  • The authorized share capital of Ashtamangal Stainless Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Ashtamangal Stainless Private Limited.

    • Santoshben Kailashchandra Samdani
    • Kailashchandra Shankerlal Samdani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashtamangal Stainless Private Limited is 310 Nilkanth Plaza Opp. Madhavpura Market Nr Police Commissioner Office Shahibau G, India, Ahmedabad, Gujarat, 380004.

  • The corporate identification number (CIN) of Ashtamangal Stainless Private Limited is U27109GJ2011PTC068155 and the company number is 068155 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashtamangal Stainless Private Limited has experienced an downturn of -31.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashtamangal Stainless Private Limited amount to ₹ 6.50 Cr.

  • The most recent Balance Sheet for Ashtamangal Stainless Private Limited was filed with the ROC on 31 Mar 2024.

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